Select Mexico Properties

These days, it seems like there is no shortage of investment opportunities. Few investments are real producers, though. How do you tell the good ones from the not-so-good ones? Past performance never guarantees future performance, but it can be a pretty good indicator. Right now, Select Mexico Properties is offering exclusive home sites in Puerto Vallarta that have amazing investment potential.

Select Mexico Properties offers only properties that have been pre-screened for their investment potential, and we only offer those properties that can provide both a return on your investment and have a lot of enjoyment potential as well.

In March, Select Mexico Properties began offering 114 exclusive home sites in San Pancho for sale. These sites are located just minutes north of Puerto Vallarta and are situated on hillsides that overlook the Pacific Ocean. Today, fewer than 100 of these home sites remain. They’re being purchased at a rapid rate because investors from all over the world recognize how valuable homes built on these properties will be.

First, these exclusive home sites overlook the Pacific Ocean. They’re just minutes from the beach, and the beaches here are sandy and beautiful.

Second, Mexican laws limit coastal development. Most coastal properties in this area that are available for development are being purchased by commercial developers who want to build resorts, hotels and condominiums there. The individual investor has little chance of buying what coastline is available for development.

Third, Puerto Vallarta is a great place to live and retire. The cost of living is low, the quality of life is high, and the property appreciation in Puerto Vallarta is outstanding. Few places can provide all three of these elements like Puerto Vallarta can.

The economy is strong here and is expected to stay strong, too! Puerto Vallarta welcomes more than two million tourists each year. The permanent population of Puerto Vallarta is growing as well. This city of 350,000 is expected to be home to 600,000 residents by 2015. Investing in property here is as close to a “can’t lose” proposition as you’ll ever get.

If you’re ready to see how you can put one of these exclusive home sites to work for you, please contact a Select Mexico Properties sales representative today.

For many years, properties were purchased in Mexico for cash. There were no mortgage products available. The cash system ensured that the owner received the full value of his property at the time of the sale, but most people don’t keep much cash in savings. Buying property here was hard for many reasons, but the unavailability of mortgage products didn’t help.

Recent reforms introduced by the Federal government have clarified property ownership rules for resident and foreign owners. They also paved the way for mortgage products to be offered for the first time here in Mexico. For everyone involved, mortgages have been a hit. More citizens are buying homes than ever before, and foreign investors can now purchase homes by way of a direct cash investment or by securing a mortgage, just like those available in the US, with a few important differences.

Because mortgage products are so new here, you won’t find any of the sub-prime mortgages that have caused so much grief in the US real estate market. What you will find are conventional, fixed-rate, 30-year mortgages. You can find shorter term mortgage products as well.

Moreover, US lenders are now more willing to lend for the purchase of property in Mexico, largely because ownership rights have been clarified, and the bank’s interests are more secure in such transactions.

Mortgages are available for the purchase of existing structures, land and construction. You can find “peso mortgages” and “dollar mortgages” – you’re free to choose the currency that makes the best sense in your situation. Peso mortgages are offered at a slightly higher interest rate, but you may find them to be more convenient. Dollar mortgages can be found at rates comparable to what you’ll find through US banks for the purchase of US properties.

Additionally, refinancing loans are now available, too. This is great news. Prior to refinancing loans, it was difficult – if not downright impossible – to take advantage of the equity in your Puerto Vallarta home. With refinancing loans, you can use the equity in your Puerto Vallarta home to do just about anything you want.

If you would like more information about mortgage products available for building a home in Puerto Vallarta, please contact a Select Mexico Properties sales representative today and let us show you how to finance the home of your dreams!

Photo Credit: svilen

If there is one thing a good real estate agent knows, it’s the market he or she is working. Many real estate agents in Puerto Vallarta have come from southwest US cities. Why? For two reasons: first, the market they’re working in is too soft to support them. Second, they know that Puerto Vallarta second home sales are hot!

Many US retirees and those planning to retire are looking at their options. Some people have discovered that despite their best efforts, they won’t be able to realize their retirement plans. In some cases, they simply haven’t saved enough money. In other cases, investment values have dropped. More often than not, couples planned to use the equity in their homes to fund their retirements. Unfortunately, the declining property values in many US markets mean that some people must rethink their retirement strategies or even delay retirement indefinitely.

If this describes you, you may still find that you can retire to the comfort of a Puerto Vallarta second home. If you look at real estate values in Puerto Vallarta, you’ll find none of the softness you see in the US market. What you will find is bargain-priced real estate. Agents from all over agree that Puerto Vallarta is one of the best values you’ll find right now in real estate.

To take full advantage of all that a Puerto Vallarta second home has to offer, start with a parcel of land and build the home of your dreams. You can live in it immediately, or rent it out as an investment property until you’re ready to retire. Your retirement savings will be safe in an investment with a solid performance track record. Once you’re here, you’ll see the immediate benefits of making a Puerto Vallarta second home part of your retirement plan.

High quality health care, excellent transportation, shopping, services and dining are all here. You’ll find supermarkets stocked with food that compares to what you find in the US. The cost of fuel is regulated by the government. The cost of prescriptions and medical care are 50% to 75% less than what they are in the US, and the climate here simply can’t be beat.

Stop watching your retirement savings go down the drain and start investing in a solid performer. If you’re ready to weigh the benefits of a Puerto Vallarta second home, contact a Select Mexico Properties sales representative today.

Photo Credit: Stephen Gibson

The reasons for investing here are plentiful and the downsides are few. The Federal government has been making huge investments in infrastructure designed to support the tourist economy in Puerto Vallarta. New highways, new hospitals, new water treatment facilities, new airport terminal, marine terminal improvements, prime commercial development – the list goes on. There are 30 hotel projects currently in progress in Puerto Vallarta. This represents new construction and extensive remodeling of existing hotel facilities. The tourists are coming, and with them comes their money. Millions of visitors each year. Hundreds of millions of dollars.

By owning property here, you can take advantage of this spectacular growth, or you can let the opportunity pass and wait for your next chance. There’s no doubt that the prime residential building sites being offered by Select Mexico Properties will sell fast. One look at these parcels will clear up any questions you have about the value of owning Mexican property .

Living is easy down here. The weather is beautiful; tourists flow in day after day, week after week. It’s a non-stop stream. And the Mexican government is making it easier for the tourists to get here. They’re also making it easier for people from the US and Canada who want to emigrate here.

Aside from the pleasurable side benefits of life here, there are good fiscal reasons to consider making the move. The cost of living is much lower, the cost of healthcare is lower and the availability of care in Puerto Vallarta is outstanding. The property values have been steadily increasing and will continue to rise.

The environment here, which is beautiful, is protected, so tourists can enjoy their visits and the marine and natural wildlife that inhabit these parts can continue to enjoy the Puerto Vallarta life, too.

It’s hard for me to imagine, but if you don’t want to live here, you can still build an investment property to rent to someone else who wants to live in Puerto Vallarta. You get a steady income stream each month, plus the benefit of the increase in property values. No matter how you look at this, you can’t go wrong. If you’re ready to examine the investment potential of Puerto Vallarta property, contact a Select Mexico Properties sales representative today.