Puerto Vallarta has been named one of the five hottest Mexico real estate markets. If you read this blog regularly, you already know that, though! Puerto Vallarta was chosen for its proximity to the United States, the development of regional infrastructure, the tourism, and its overall appeal to potential retirees and expatriates.
For Puerto Vallarta, being named one of the hottest Mexico real estate markets is saying a lot about how good an investment Mexico real estate is, considering the other four top winners: Loreto, Baja California Sur; Merida, Yucatan; Guadalajara, Jalisco and Oaxaca, Oaxaca,
Perhaps I’m biased, but of the five hottest Mexico real estate markets, I think Puerto Vallarta is the prettiest, and the best value when it comes to investment. With all of the condominium and hotel projects underway here, many people agree that the place to live is not in Puerto Vallarta proper, but in the areas surrounding the city.
The real value, and the potential for return, lies in places like the Riviera Nayarit. This area must be one of the most peaceful, beautiful places on earth. It’s the ideal place for a second home. Once you’ve been here for a season or two, you may find yourself wanting to live here year-round!
Right now, Puerto Vallarta welcomes about 2 million tourists per year, and still manages to retain that “small town charm” and friendliness that Puerto Vallarta is famous for. The lifestyle here is relaxed, and you won’t find anyone here in a rush to do anything! Puerto Vallarta is exceptional for its affordable cost of living, high quality health and dental care, access to transportation, goods and services.
Property values here have increased by about 10 percent per year for the last ten years. How’s that for performance? Some analysts believe that Puerto Vallarta will be overbuilt once all of these condominium and resort projects are complete. If that’s true, it’s even more essential that potential investors look outside the city for the best ROI opportunities.
Select Mexico Properties has about 100 parcels of premium ocean-view real estate remaining in San Pancho, which is about 30 minutes north of Puerto Vallarta. These prime building sites are meant for luxury, single-family homes, and are located in what has to be the most gorgeous place on earth. This real estate is in high demand and more than a dozen parcels have already been sold. If you’re serious about taking advantage of one of the hottest Mexico real estate markets, please contact a Select Mexico Properties sales representative today.
Photo Credit: Rolve
