Select Mexico Properties

Owning Puerto Vallarta real estate sounds like the pinnacle of a comfortable retirement. Everyone dreams of retiring comfortably, but few people can actually do it. According to a survey by the Society of Actuaries, nearly 7 of 10 workers who are close to retirement age and more than half of people who are actually retired, are concerned that they may not have enough funds to pay for adequate health care in retirement.

And they should be worried. Experts are estimating that a retiree covered only by Medicare can expect to spend between $200,000 and $635,000 on uninsured medical expenses after retirement. Retirees with employer-provided health care benefits don’t fare much better. Their uninsured medical expenses will range from about $65,000 to $140,000.

How can Puerto Vallarta real estate help you beat the high cost of retirement health care? In several ways, actually. If you buy Puerto Vallarta real estate and build a luxury home on it, you can significantly reduce your cost of living, simply by residing in the home. The cost of living is 50%-75% less expensive in Puerto Vallarta than it is in the US.

That break on the cost of living applies to many goods and services here, including health care, dental care and prescription drugs. You can receive high quality health care here in Puerto Vallarta for a fraction of what it costs in the US. You can also find procedures and treatments here that are not covered by insurance. Sometimes, these new treatments offer the best hope for recovery from what otherwise might be a catastrophic illness.

Aside from the cost of living issues, Puerto Vallarta real estate is an outstanding investment. Right now, the Mexican real estate markets is one of the few growing real estate markets in the world. The growth is expected to continue for some time, due to significant changes in Mexican economic policy. Guaranteed growth is hard to come by, but an investment in Puerto Vallarta real estate is about as close as you’re going to get.

Should you decide to sell your Puerto Vallarta home, you can expect to reap substantial rewards as retirees from all over the world flood into Puerto Vallarta in search of a place to retire comfortably. If you don’t plan to live in Puerto Vallarta year-round and don’t want to sell a potential gold mine, you can put your Puerto Vallarta real estate to work for you. By renting out your Puerto Vallarta home, you can provide a steady stream of income that will fund or supplement your retirement lifestyle nicely.

Please contact a Select Mexico Properties sales representative today and let us show you how your Puerto Vallarta real estate can help you beat the high cost of retirement.

Photo Credit: Damien Moorhouse