Select Mexico Properties

A study by the American Association of Retired Persons shows that one of every three people in the US over the age of 55 have saved less than $25,000 for their retirement. That’s a surprising statistic and it shows how unconcerned some people are about their need to save for retirement.

More than 25% of people who are approaching retirement have elected to delay their exit from the workforce, citing concerns about the economy. Extended lifespans and soaring medical costs also mean that retirement savings need to go farther and do more than they did in the past.

If you save for retirement, you’re in good company. However, most people don’t save enough. In this economy, finding productive investments is difficult. It’s also hard – maybe impossible – to carve out extra money from the budget each month to set aside. If you can’t make more or spend less, and your investments aren’t performing well, what can you do with what you can save for retirement?

A broad investment portfolio is always safer than a narrow one, and financial experts agree that the real returns in investing right now are located outside the US. In some locations – especially in Latin America – real estate is the hottest game in town.

Mexico has some of the hottest real estate markets in North America right now. It’s no wonder that Mexico has become the number one retirement destination. Investment safety, close proximity to the US, high quality of life and low cost of living all suit a retirement lifestyle well. 1.5 million Americans own residential real estate in Mexico and many plan to make Mexico an important part of their plan as they save for retirement.

If you would like to take advantage of the excellent growth potential and value of luxury real estate in Puerto Vallarta, please don’t wait. Select Mexico Properties has a limited number of premium building sites available on the Pacific coast. These sites will not last long, and this may be your last best chance to buy affordable Pacific coast real estate. Please, contact a Select Mexico Properties sales representative today!

Photo Credit: Yee St

Baby boomers are quickly approaching retirement. The first boomers have already begun to apply for Social Security benefits, and many senior workers are taking stock of their investments and savings. For a lucky few, the retirement outlook is good. For most workers, however, questions linger regarding their ability to leave the workforce on the retirement savings they’ve amassed.

Mortgages, college educations, retirement accounts, consumer debt, health crises and providing for elderly parents are among the top concerns of senior workers. Many wonder if they’ll ever be able to retire. Senior workers facing the early loss of employment also face the loss of employer-provided health care when they need coverage the most.

Fortunately, there are solutions that don’t require you to spend down your retirement savings pointlessly, or go bankrupt trying to pay for medical care. Many seniors are looking for the best ways to make their retirement savings last.

One of the biggest challenges seniors face in retirement is lowering their cost of living. Most retirees don’t have the resources to maintain their pre-retirement income level. Reducing spending to fit a lower earnings bracket can be challenging. To complicate this, the cost of living in some of the country’s most popular retirement communities is extremely high. Faced with a decreased income, increased cost of living, and uninsured medical expenses, it is no wonder seniors are looking for ways to stretch their retirement savings!

Many seniors have found that living in a place like Puerto Vallarta, where the cost of living is very low and the quality of life is very high, is the best way to make their retirement funds last. Puerto Vallarta offers excellent, affordable health and dental care, prescription drug costs, housing, transportation, and recreation opportunities that enable residents to make the most of Puerto Vallarta’s endless summer.

There’s no reason to exhaust your retirement savings trying to keep up with the high cost of living in the US. With health care costs on an upward spiral and inflation, energy costs and declining investment returns eating away at your assets, you owe it to yourself to see what Puerto Vallarta has to offer you. Please don’t wait! Contact a Select Mexico Properties sales representative today for more information about enjoying a Puerto Vallarta retirement.

Photo Credit: Stephanie Berghaeuser

Contemplating retirement in a difficult economy can be worrisome. What if you don’t have enough assets to retire? Will inflation take a larger portion of your savings than you’d planned? And what about medical expenses? Have you planned well enough to cover them? Instead of worrying about what you don’t know, spend some time considering this. The Mexican real estate market is hot right now. You can build a Puerto Vallarta second home and the appreciation on this investment will offset much of your loss.

As an added bonus, the cost of living in Mexico is low, low, low. The primary expenses in retirement – medical care, prescription drugs, transportation, and energy – are much less expensive in Mexico than they are in the US. One reason people have to save so much to retire is that the cost of living in the US is so high.

Your retirement dollars can not only go much farther in Mexico, but the appreciation on your Puerto Vallarta second home will provide you with a large nest egg, should you choose to sell it at some point. Alternately, you can pass your Puerto Vallarta second home onto your children or grandchildren via your fideicomiso, enabling your Puerto Vallarta second home to bypass probate court.

A Puerto Vallarta second home is a great investment, whether you decide to move to Mexico or not. Many retirees choose to winter over in Puerto Vallarta and return to the US in the summertime. This part-time arrangement will enable you to establish residency for tax purposes within five years, provided that you spend at least six months per year in Mexico.

The climate in Puerto Vallarta is unbelievable and land here is relatively inexpensive. Buildable land is in high demand right now, and developers are buying properties all the time. There are few opportunities for individual investors who want to build a private residence and enjoy all that Puerto Vallarta has to offer.

Select Mexico Properties is offering a limited number of choice residential properties for sale. These hillside home sites overlook the Pacific Ocean and are located in the foothills of the Sierra Madres. You certainly won’t find more beautiful properties than these. If you want to learn more about what a Puerto Vallarta second home can do for your retirement plans, please contact a Select Mexico Properties sales representative today.

Timing your retirement can be a challenge. The current economy provides a great opportunity to assess your retirement portfolio. Your retirement portfolio should be balanced. This is especially important if you’re approaching retirement age. The right mix of stocks, bonds, assets and other securities is essential to help minimize the impact of recession on your retirement savings.

If your retirement portfolio contains a significant amount of stock in your company, you may want to look at diversifying. Although your company may be doing well, it’s not a good idea to put all of your eggs in one basket. At the same time, when your company is doing well, it’s hard to pull your investments out and put them into something else.

If you’re looking for investment opportunities for your retirement portfolio that perform well and are not closely tied to the US economy, look to Mexico. Right now, Mexico real estate offers excellent appreciation as well as safety of ownership.

In certain areas of the country, Mexico real estate is appreciating at the rate of about 10 percent per year. Puerto Vallarta is an example of such a place. Construction in Puerto Vallarta is substantial right now, in anticipation of a large number of retirees from all over the world. Investing in real estate in Puerto Vallarta right now could prove to be the investment of a lifetime.

Select Mexico Properties is offering choice ocean-view building sites in San Pancho, just north of Puerto Vallarta. There are fewer than 100 lots left. These lots are reasonably priced and will enable smart investors to take advantage of substantial appreciation in the next few years.

If you’re interested in finding out more about Puerto Vallarta real estate and what it can do for your retirement portfolio, please don’t wait. These ocean-view lots will not last long. Contact a Select Mexico Properties sales representative today!

Photo Credit: T. Al Nakib

The baby boomers are beginning to retire, and the media are filled with stories about the difficulty that this “prosperous” generation can expect to have when it comes to making ends meet. Unfortunately, the retirement planning troubles being experienced by the baby boomers will continue long after this generation has passed on.

Retirement planning will be a major challenge for Generation X members as well. This generation struggles with an enormous debt load including student loans, mortgages and credit card debt. Funds available for investment are limited, as are the opportunities for investment. Generation X saves less than any preceding generation, and will struggle with the increased cost of health care, education, energy, and housing.

For those individuals who want to look ahead, few investments will return as much as Mexico real estate. Right now, real estate in certain Mexican markets, including Puerto Vallarta, is a hot commodity. Developers are purchasing all available land, and building hotels, resorts and condominiums in anticipation of a wave of retirees.

This approach leaves fewer options for the individual investor. Some smart individual investors have begun to purchase land outside the city and build luxury homes along the Pacific coast.

Select Mexico Properties has a limited number of residential building sites available for sale. These hillside sites offer a spectacular view of the Pacific Ocean and will provide an excellent return on investment, whether the land is developed as a year-round residence or as a vacation home.

For many people, work alone is not enough to provide a comfortable lifestyle and a comfortable retirement as well. High performance investments are a necessity! The timing of a purchase of Puerto Vallarta real estate is critical, however. These lots will sell quickly, so your opportunity to own Pacific Coast real estate is limited.

If you would like more information on how you can include Mexico real estate in your investment portofolio, please contact a Select Mexico Properties sales representative today.

Photo Credit: Steve Knight

For many seniors who are approaching retirement age, the prospect of leaving work is unappealing. Retiring in a recession means amortizing a major decline on investment values over the remainder of the retiree’s life. It often means reduced benefits, reduced spending and the very real risk of running out of money at a very advanced age. While many senior workers would like to stop working, their economic situation makes that unlikely, impractical or even impossible.

Since the late 1990’s, senior workers have reduced their expectations when it comes to the kind of retirement they will have. The burgeoning cost of health care, rising energy costs, rising prescription drug costs, under-funded or bankrupt pension plans, inflation and the falling dollar have all undermined retirement plans. Seniors no longer hope to retire early. Instead, they hope to continue working until the age of 65 or beyond, in order to make ends meet.

Is early retirement even possible? A comfortable, early retirement is indeed still possible. The success of early retirement planning depends upon the balance of an investor’s portfolio, and the willingness to invest in growth areas. One economist at the University of Michigan says that our economic well-being in retirement is related to growth in the labor market, in part due to the way the Social Security program and private retirement programs are structured. His prediction is that US labor market growth will flatten in the 2010s, making it hard – if not impossible – to achieve the gains in productivity that our retirement structure relies on.

As an early-retirement hopeful, you can still take advantage of growth in the labor market, but you may not be looking at the domestic labor market. Mexico is experiencing an unprecedented growth period in terms of both labor and economic prosperity. Savvy investors understand the importance of investing in growing economies, and are turning to places like Mexico in search of investment returns that outperform other elements of their portfolio.

One of the best ways that individual investors can take advantage of the growth in Mexico’s economy is by purchasing residential property. In some areas of Mexico – including Puerto Vallarta – investors have achieved double-digit gains on property values for the past ten years. These gains are expected to continue as retirees from all over the world emigrate to Mexico to take advantage of the positive economy, low cost of living, and high quality of life here.

If you would like more information on how you can take advantage of the high ROI that Puerto Vallarta property offers, please contact a Select Mexico Properties sales representative today.

Photo Credit: iophoto

For people who are planning their retirement, these are indeed troubled times. Instability in multiple key market sectors is making people nervous. Despite the fact that more than 55% of soon-to-be retired individuals are worried about the safety of their retirement investments, one-third of people in the same group say that they expect to maintain their current spending after retirement.

The data show that most Americans aren’t saving enough and receiving enough in investment returns to maintain a retirement lifestyle that’s essentially unchanged from their pre-retirement days. As a result, analysts estimate that a significant number of retirees will outlive their retirement savings. Retirees and the soon-to-be retired are looking for strategies that will produce income and reduce spending after retirement to levels that complement their retirement savings.

Despite market conditions, there are some investments that are doing just that. One such investment can be found in Puerto Vallarta real estate. The price of Puerto Vallarta real estate is low when compared to other Pacific coast communities. In addition to low land prices, the cost of constructing a private residence in Puerto Vallarta is likewise very affordable.

Puerto Vallarta has a climate that is similar to Hawaii and receives about 300 days of sunshine per year. The quality of life in Puerto Vallarta is relatively high. People who choose to retire in Puerto Vallarta have access to high quality medical and dental care, affordable prescription drugs, clean municipal drinking water, high quality food, low taxes and find it very easy to reduce spending after retirement.

With Puerto Vallarta real estate, investors usually apply one of two strategies to generate added income. Some investors choose to build a “spec home” and sell it when it is finished. The price of existing luxury homes is climbing quickly and individuals can take advantage of a sharp increase in valuation for a newly completed home.

Other investors choose to build a luxury home in Puerto Vallarta and live there part-time or full-time after retirement to take advantage of the low cost of living and high quality of life. With either approach, the potential for profit is high. The Puerto Vallarta real estate market is hot and is expected to remain so for several years. If you would like more information about how you can benefit from the strong Puerto Vallarta real estate market, please contact a Select Mexico Properties sales representative today!

Photo Credit: Marja Flick-Buijs

For retirees who have made the move, retirement living in Puerto Vallarta is looking good. Puerto Vallarta is a vibrant city, with plenty do to and enjoy. Aside from the activities in Puerto Vallarta, it’s a good place to live if you’re retired. The cost of living is low and the quality of life here is high.

Properties are appreciating at a double-digit pace. By itself, that’s worth factoring into your decision to relocate here. Pacific coast real estate is in special demand. Mexican law limits the amount of coastal real estate that’s available for sale. Commercial developers have taken up much of the available prime property in Puerto Vallarta.

If you’re looking for a quiet, relaxing place to live, you can find gorgeous hillside building sites in San Pancho, just minutes from Puerto Vallarta. Nestled between the Pacific Ocean and the Sierra Madres, these lots are unbelievably beautiful. Select Mexico Properties has a limited number of building sites available for sale right now.

Retirees from all over the world are inquiring about the availability of these parcels. And these aren’t your ordinary building sites, either. These sites will be highly valued not only for their enjoyability, but also for their investment quality. You won’t find Puerto Vallarta building sites that will provide better retirement living than these.

Select Mexico Properties can also deliver a turnkey package that includes the building site, custom design and engineering, along with contractors who can build your home to your exact specifications.

Please don’t wait to inquire about these parcels. They’re moving quickly. If you would like to know what an exclusive parcel in San Pancho can do for your portfolio, please contact a Select Mexico Properties sales representative today!

Photo Credit: Walter Groesel

It’s no secret that the Baby Boomers are looking to retire, and many of them have seen the writing on the wall: retirement can be expensive. In assessing all of the luxury real estate options, only a few choices truly measure up when it comes to value for the investment dollar.

Warm weather in the winter is an absolute must, but be careful here because warm winters usually turn into oppressive summers. A beautiful view is also essential. The availability of high quality health care is also a necessity, since retirees beyond the age of 65 can expect to spend as much as $250,000 in uninsured medical expenses after retirement.

A low cost of living is also a requirement. Many retirees have not saved enough to cover their cost of living in retirement, especially in light of the spiraling cost of home heating, fuel and health care costs.

Puerto Vallarta fits this description nicely! Puerto Vallarta is located on Mexico’s Pacific coast and is one of the friendliest cities in the world. The tourist economy is thriving here, and goods and services are plentiful. Massive infrastructure investments have led to the construction of new water treatment facilities, new roads, highways, marine terminals and more that will ensure the economic success of Puerto Vallarta for years to come.

There are many options for purchasing real estate here, but much of the new construction has already been speculatively priced. The higher entry costs reduce your overall gains and lengthen the time your investment will need to produce the results you’re looking for. If your goal is to take advantage of the steady increase in property values, the best way to do that is to build a private home here, instead.

Select Mexico Properties has a small number of exquisite residential building sites for sale in San Pancho. These sites are located on the hillsides that overlook the Pacific Ocean and will make excellent residential and investment properties. Take a look at the luxury high-rise condominiums currently under construction in Puerto Vallarta, and then look at the properties that Select Mexico Properties is offering for sale. If a peaceful, relaxing atmosphere and an excellent ROI figure into your retirement plans, you’ll quickly see that there’s only one way to go. Contact a Select Mexico Properties sales representative today!

Photo Credit: Marja Flick-Buijs

A new report indicates that American women are not well prepared for retirement, and without adequate retirement planning, many women will suffer in their later years as the result of their circumstances.

Women still earn nearly one-quarter less, work fewer years on a full-time basis, save less, and receive lower Social Security payments than men do. To complicate the picture, women also live longer than men do, meaning that their retirement savings need to last longer and their retirement investments need to perform better.

While the report specifically focuses on the value of annuities, the statistics regarding retirement planning are alarming. There are many ways to support a comfortable retirement, however. Diversity of investments is the key. Smart investors are looking at the Mexican real estate market as a way to prop up sagging retirement investments.

In the past decade property values here in Puerto Vallarta have increased by about 10 percent per year. While this has been a phenomenal rate of return, it promises to continue for at least the next five years. With this rate of appreciation, the longer you wait to buy in, the lower your average return will be. At some point in the not-too-distant future, average investors will be priced out of this market and the opportunity to take advantage of this outstanding return will be gone.

Using high-return investments to make up for lower earnings and shorter careers an excellent investment strategy. Select Mexico Properties has about 100 prime residential parcels in San Pancho, just north of Puerto Vallarta. These pre-screened properties are among the best available building sites in this area, and are priced affordably.

If you’re looking for a way to support your sagging investments, cover for a low savings rate or regain time you may have lost by starting your retirement planning late, these sites being offered by Select Mexico Properties may be just what your portfolio needs. If you’re ready to examine the potential benefits of investing in Mexican real estate, please contact a Select Mexico Properties sales representative today!

Photo Credit: Magda Czajka