Select Mexico Properties

If you’re considering retirement, but you’re concerned about the high cost of health care, you’re not alone. Health care is poised to be the single largest expense in retirement in the US and Europe for the foreseeable future. The high cost of health care is of concern, whether you’re covered by a governmental policy, a private insurance company or have no health care at all. It’s also the reason that so many retirees are buying real estate in Mexico.

The cost of health care is rising faster than the rate of inflation, which means that each year, you’ll need to devote a larger portion of your budget to cover your health care costs. Over time, this approach will not only rob you of your planned retirement lifestyle, but it may also make it difficult to subsist!

Many US workers plan to rely on Medicare for health care coverage in retirement. This is a big mistake! Medicare covers only a fraction of the cost of the medical care you’re likely to need over time. For European workers, who are covered by a universal insurance plan, the story is likely to be the same. The number of procedures that are covered is limited, and the wait for specialty care can be long. In the mean time, your quality of life will be sacrificed.

There are alternatives, including finding private health care services elsewhere. Puerto Vallarta has two major modern hospitals that offer care in the same specialties you’ll find in any modern US hospital. The treatments are the same – but they cost about 50%-75% less than what you’ll pay in the US. Sometimes, cutting-edge treatments are available here in Puerto Vallarta long before they’ve been approved for use in the US.

The cost of prescription drugs – another budget buster and the source of many quality-of-life issues – is similarly lower in Mexico. Many drugs available only by prescription in the US are available over-the-counter in Mexico, and that substantially reduces the cost.

If you’re looking for a good way to beat the high cost of health care in the US, but you want to have US-style treatments and hospital facilities at your disposal, Puerto Vallarta is the place to be! Don’t sacrifice your retirement lifestyle to provide the health care you need and want. Contact a Select Mexico Properties sales representative today and let us show you how buying real estate in Mexico can tame the high cost of heath care!

Yes, you read that right: safety, ownership and real estate in Mexico all used in the same sentence! It’s true. If you do your research, you’ll find that some key changes have been made to ownership rights in Mexico. These changes now allow foreign investors to own property – including coastal property – in Mexico. Mexico’s new laws provide excellent safety and security for investors, and that has opened up the floodgates! Prospective buyers are in the area every day looking at the properties for sale here.

Owning property in Mexico is neither difficult nor risky. A relatively new vehicle, known as a fideicomiso – or bank trust – provides you with the ownership rights and security you want. It also provides the surety that lenders look for when they’re considering a real estate loan application.

A fideicomiso is a required vehicle for people who want to own property within 50 km of a coastline in Mexico. Essentially, a bank holds the deed for your land in trust. You are the beneficiary of the trust and the bank is obligated to act in your sole interest. The fideicomiso essentially creates fee-simple ownership for these special properties. Fee-simple ownership is likely the type of ownership you enjoy on your residence or other properties you may possess.

Since the advent of the fideicomiso in Mexican real estate transactions, not one single owner who has set up a fideicomiso has lost his or her ownership rights to land in Mexico. Not one. The nightmares you have heard about people losing their land interest, or the investments they’ve made in improving the land are a thing of the past, as long as you’ve established a fideicomiso to hold the title to your property.

Property ownership laws in Mexico have reduced the risk of buying real estate in Mexico. With the properties for sale by Select Mexico Properties, you can also purchase title insurance from First American Title or Stewart Title to further secure your investment. If you would like more information about buying land or building homes through Select Mexico Properties, please don’t wait! Contact a Select Mexico Properties sales representative today!

There’s something special about Banderas Bay. To hear the locals talk, it’s the biggest bay in Mexico. That’s not true, but it certainly is a beautiful bay, and it is the center of activity here in Puerto Vallarta. It’s a great place to enjoy the retirement lifestyle you’ve dreamed of for so long.

The bay is filled with beautiful blue water and offers about 50 miles of beachfront. The area, including those north of Puerto Vallarta in the Nayarit Riviera, has exceptional sandy beaches that are perfect for all kinds of water recreation. Whether you like swimming, sailing, snorkeling, diving, water skiing, surfing, deep-sea fishing, or just laying on a gorgeous, sunny beach, Banderas Bay will complement your retirement lifestyle!

The depth of Banderas Bay makes it a natural shelter for marine mammals like humpback whales and dolphins that visit the area each year to have their young. You’ll also find an abundance of sea turtles and migratory birds that winter over in Puerto Vallarta. Some species stay year-round and add to the charm and distinction of Puerto Vallarta.

If you would like more information about living in Puerto Vallarta or taking advantage of all that the Banderas Bay area has to offer, please don’t wait! Contact a Select Mexico Properties sales representative today and let us show you how to make Puerto Vallarta a part of your retirement lifestyle.

When you retire, especially in a country like Mexico, you want to know that you can get into and out of your retirement destination easily. If you want to travel to see family and friends, or just travel the world, transportation should be a consideration when buying real estate in Mexico.

Puerto Vallarta is one of the best connected cities in Mexico. Major carriers fly into and out of Puerto Vallarta every day. The airport handles about 400 flights each week, and you can find non-stop or direct flights to most major US cities. This is ideal. The Puerto Vallarta International Airport means that you can come and go as you choose.

Inside Puerto Vallarta, transportation is also readily available. If you plan to stay in Puerto Vallarta for long periods of time, you can bring your own vehicle. You’ll register your vehicle as part of your visa and that’s it. There are no additional registration steps, there are no annual registration fees, taxes or penalties. In fact, many people who live in Puerto Vallarta part-time choose to bring their vehicles here and leave the cars behind when they travel back to the US, saving them the trouble and expense of re-registering the car in their home state.

Bus transportation in and around Puerto Vallarta is also readily available. The bus also travels up Highway 200, so you won’t be cut off from Puerto Vallarta if you decide not to bring your car. If you don’t want to bring your car, you can rent vehicles for those time when you do need a car, and you can also travel by taxi economically. In addition, the state governments of Jalisco and Nayarit are examining the possibility of a joint water-taxi service that would carry passengers to and from Puerto Vallarta via Banderas Bay.

There are many transportation options in Puerto Vallarta. If you’d like more information about getting around Puerto Vallarta or you’d like to talk to someone about buying real estate in Mexico, please don’t wait! Contact a Select Mexico Properties sales representative today!

It’s hard to know where to make your investments these days. Sectors that seemed safe just a few months or years ago now seem too risky. Investment values are plummeting, and that’s jeopardizing the financial security of older workers who have planned for retirement for years. Can you even find financial security from your investments anymore?

You can, if you know where to look. Right now, there are few opportunities to make solid gains in real estate, but fortunately for US investors, buying real estate in Mexico is a good bet. Real estate investment professionals have said for about two years that the place to be is in Mexico if you’re looking for financial security from real estate investments.

Mexico’s economy is in growth mode, and the federal government is making massive investments in infrastructure to support its plan to shift Mexico’s economy from oil to tourism. These investments are opening up opportunities all over Mexico, but especially in the areas where tourism is already established.

Puerto Vallarta is one such area, and the real estate market here is hot. Puerto Vallarta’s real estate market was recently named one of the top five markets in the country. Luxury developers have moved into the area and are building luxury resorts and condominiums. For the investor, however, buying into this approach could be a tough way to make a return.

A better idea, especially if you want to make a profit in real estate here, is to build a luxury residence. You’ll see spectacular growth in your investment in just a few short years. You’ll also find a ready market for your home from the thousands of retirees that are beginning to stream into the area from North America, Europe and Asia.

Puerto Vallarta has experienced double-digit growth in property values each year for the past ten years and all current indicators say that this trend will continue. If you would like more information about how you can take advantage of the strong prospects in the Puerto Vallarta real estate market, please don’t wait. Contact a Select Mexico Properties sales representative today!

There are few places like the Nayarit Riviera to enjoy a retirement lifestyle that’s focused on wildlife. The entire region will give you an excellent opportunity to experience the delicate balance of life between the land and sea creatures that inhabit the region. The area is a recognized wildlife sanctuary for migratory birds, sea mammals and reptiles.

There is an abundance of wildlife here. You’ll see humpback whales, dolphins, sea turtles, hundreds of species of migratory birds and more. In San Pancho, there’s also a turtle sanctuary that’s open to the public, where visitors can observe and participate in the release of baby turtles. You can also snorkel and dive, and visit island nature reserves to see these amazing animals and birds for yourself.

The Nayarit Riviera offers so many opportunities to contribute to the preservation of these species. If conservation is important to you, this area will provide a beautiful opportunity to give back to the area, and minimize the impact of humans on the natural wildlife here.

Select Mexico Properties is offering some of the most exceptional hillside building locations available in the area. These sites will enable you to live within minutes of the Pacific Ocean, and enjoy all of the wildlife that the area has to offer. Our architects are thoroughly familiar with ecologically sound building techniques, the latest building materials and technologies to help reduce your home’s impact on the surrounding area.

If the natural beauty of an area is important to you retirement lifestyle, or if you are looking for the opportunity to contribute to the preservation of wildlife, the San Pancho area should be on your short list of places to consider. If you would like more information about the Nayarit Riviera or the available residential sites in San Pancho, please contact a Select Mexico Properties sales representative today.

Buying real estate in Mexico is safe. If you’ve heard otherwise, you may be operating on old information. Real estate laws in Mexico have changed in the past several years and now offer buyers an unprecedented level of safety and security when buying real estate in Mexico.

These changes have enabled banks in both the US and Mexico to offer mortgages for investors interested in buying real estate in Mexico. Mortgages are available in both pesos and dollars, and offer competitive interest rates.

An added incentive for some buyers is that the tax rates on even the most gorgeous properties are low. The tax rate for a parcel is set when the property is sold and doesn’t change until the property is sold again. This is a great way to keep your tax burden light!

Properties along Mexico’s Pacific Coast, in areas like Puerto Vallarta, are available, but the demand for these properties is high and not all parcels are available for development. To take advantage of the strong growth in real estate values in the Puerto Vallarta area, some savvy investors are purchasing property north of Puerto Vallarta in an area known as the Nayarit Riviera.

The Nayarit Riviera is an area of the Nayarit coast that has been opened for tourist development. The area is pristine and the land is readily available. You’ll find exceptional values when buying real estate in Mexico among the properties currently being offered by sale through Select Mexico Properties. A limited number of exclusive residential building sites are being offered to individual developers. These hillside lots are ideal for luxury homes and provide an exquisite view of the Pacific Ocean and the Sierra Madres.

These parcels have been on the market only a few months and more than one-third have already been sold. The remaining choice parcels represent an excellent opportunity for investors to get in on what could be the best deal in real estate right now. Don’t miss your chance to take advantage of strong growth in Mexican real estate. Contact a Select Mexico Properties sales representative today!

Great news! The last Nayarit Riviera tour we conducted was immensely successful, and even after the tour took place, we were still receiving inquiries about a potential repeat tour. We’ve scheduled the second Nayarit Riviera tour October 16-18. This is a great opportunity to come here and see for yourself the advantages of building in Mexico.

You’ll be able to talk to the designers, engineers and sales staff about the process of building in Mexico. We’ll answer all of your questions about the legal transaction, designing and building a home, building materials, floor plan options, and more. We don’t operate off of “cookie-cutter” designs, so each home is truly unique.

One of the advantages of building in Mexico with Select Mexico Properties is that we offer a complete, turn-key professional services package that can take you from land purchase to relaxing in your new Puerto Vallarta luxury home in the space of a few months. The entire process can take as little as about nine months, but you can ask all of your questions and talk to the principals themselves if you attend our next scheduled Nayarit Riviera tour.

Space in the tour is limited and interest in this approach building in Mexico is high. Reserve your space now and find out how you can get your trip paid for as well! Select Mexico Properties builds luxury properties for exclusive clientele, and these properties are moving fast. In the few short months that our San Pancho site has been open, nearly one-third of the available building sites have already been sold.

Don’t miss this opportunity to do your own research on the advantages of building in Mexico. In addition to talking to the professionals here, you’ll also have plenty of opportunity to see San Pancho and Puerto Vallarta. If you’ve never been to Puerto Vallarta before, you’ll see why so many people are eager to return here year after year!

Don’t wait! Contact a Select Mexico Properties sales representative to sign up for your tour spot today!

Fidelity Investments released a report recently on the state of retirement savings in the US. The company reports that while US workers continue to fund their retirement accounts, despite the volatility of the economy, the average worker’s account balance was down by 7.5% at the end of June 2008 when compared to the same period one year earlier. During the same time period, the S&P 500 declined by 15%. For Americans who are looking for an upwardly mobile investment, many are finding that buying real estate in Mexico is a highly attractive proposition.

Property values in some areas of Mexico – like Puerto Vallarta – have increased by ten percent or more per year for the past decade. This sustained growth, combined with massive infrastructure investments being made by the Mexican Federal government make Puerto Vallarta one of the hottest five real estate markets in the entire country.

Puerto Vallarta’s location is particularly attractive. The city is situated on Mexico’s Pacific coast and is considered prime real estate. The land is priced affordably right now, but there are solid indications that land values will skyrocket in the coming five years. Luxury real estate developers have moved into the area to take advantage of the significant demand for Puerto Vallarta luxury real estate.

Individual investors are seeing the best returns among properties that they purchase for luxury development. The benefits of this strategy are significant; for the small investor, a Puerto Vallarta luxury home can serve as the ideal second home or retirement home. Mexican property taxes are quite low, as is the cost of living here. Puerto Vallarta real estate could be used to offset the high cost of retirement seen in many US retirement destinations.

Mexican property laws permit the easy transfer of ownership to beneficiaries like children or close friends. The property could be used as an income generator, and could reduce or eliminate the need to work in retirement. Finally, the property could be sold to capture substantial gains in appreciation over a relatively short period of time.

There are so many good reasons to consider buying real estate in Mexico. If you would like more information about buying real estate in Mexico – particularly in the Puerto Vallarta area – please contact a Select Mexico Properties sales representative today!

Buying real estate in Mexico hasn’t always been safe. With that in mind, Mexico has revamped its property ownership laws to include significant protections for buyers. These protections are so solid that they’ve spurred a brand-new mortgage lending industry, both here and in the US. Until these new laws went into effect, lenders would not provide capital for the purpose of buying real estate in Mexico. At this point, both US and Mexican lenders are offering mortgages to foreign nationals and citizens alike.

This is an exciting change in the property laws in Mexico, and it couldn’t come at a better time. Millions of people in North America, Europe and Asia are getting ready to retire, and they’re all looking for the ideal retirement spot. In the US alone, more than 78 million people are approaching retirement age. Ten percent of them – 7.8 million people – have said that they will seek out a retirement home that is not in the United States. Many of those who plan to leave will do so because the high cost of retirement inside the US will make retirement difficult or impossible.

Retirees and those planning to retire soon are defeating the high cost of retirement by buying real estate in Mexico, where land values are increasing, the cost of living is low and the quality of life – especially in places like Puerto Vallarta – is high. The cost of health care is a primary concern among retirees. Puerto Vallarta real estate is attractive because Puerto Vallarta offers high quality health and dental care at 50% - 75% of the cost of the same care in the US. In fact, some of the latest medical treatments are available here well before they’re approved for use in the US.

Buying real estate in Mexico is safer than it has ever been. Mexico requires the use of a trust called a fideicomiso to hold title to land purchased within 50 km of a coastline or 100 km of a national border. The fideicomiso offers significant protection for the buyer, and can be used to transfer ownership rights to the property to other parties, including heirs or close friends. In addition, buyers can purchase title insurance on land to further guard their investment against loss.

If you would like more information about the safety of buying real estate in Mexico, a fideicomiso or properties available for sale in the Puerto Vallarta region, please contact a Select Mexico Properties sales representative today!