Select Mexico Properties

Puerto Vallarta is a great place to be right now. If you were here, you’d see construction everywhere. Hotels, condos, commercial buildings, resorts, golf courses, Mexico luxury homes – everywhere you look, buildings are going up.

You might be tempted to ask who’s buying all of the Mexico luxury homes being built here. You might also be surprised by the answer. When you look at these homes, you’ll be convinced that millionaires own them. In truth, people who have worked and saved their entire lives own them. People who understand the best way to stretch a buck own them. People who know how to enjoy retirement own them.

The price of luxury varies, depending upon where you are. In Puerto Vallarta, Mexico luxury homes are substantially less expensive than comparable homes elsewhere are.

With the building boom here, you might also wonder if too many Mexico luxury homes are being built. Not really. Puerto Vallarta currently has about 350,000 residents. By 2015 – just seven years from now – Puerto Vallarta will have about 600,000 residents, many of whom are drawn here by the weather, the lifestyle and the cost of living. The new residents will be former tourists who loved Vallarta so much they decided to call it home.

In seven years, you won’t see so much construction and there won’t be an overabundance of properties on the market, like there is right now. And the properties for sale will be substantially more expensive. Ordinary people – you know – the ones who have worked and saved their entire lives – won’t be moving into Mexico luxury homes in Puerto Vallarta in 2015. By that time, Mexico luxury homes will be well out of their price range.

That’s why you should consider buying a Mexico luxury home now. Your window of opportunity to buy is small, but the window of opportunity to gain from a purchase is almost limitless. Please, don’t wait until you’re ready to retire to start looking at retirement properties here. Buy now. It will be one of the best investments of your life. Please contact a Select Mexico Properties sales representative today.

The Mexican Federal government has just announced plans to spend US$21 billion on water treatment systems throughout the country. Puerto Vallarta is already home to a new state-of-the-art water treatment facility, and that has sparked interest in owning real estate in Puerto Vallarta. Mexico’s goal is to deliver clean, safe drinking water to 95 percent of its population by 2012.

Sound ambitious? This kind of investment is characteristic of the infrastructure spending that the Mexican government has been doing and will continue to do in the next several years. The level of public works spending here is unprecedented, and has allowed Mexico to go from being classified as a third world country (TWC) to being classified as a newly industrialized country (NIC) in just a few short years. Aggressive spending on roads, hospitals, airports, water projects, small business support, big business support, and schools is proof of Mexico’s dedication to attracting foreign investment.

2008 may be a terrible time to invest in real estate in the US, but it couldn’t possibly be a better time to buy real estate in Puerto Vallarta. Real estate values are likely to double in the next five years, and triple or more in the next decade. A simple investment in real estate in Puerto Vallarta now could double or triple your investment in a matter of years. Smart investors know that when opportunity knocks, they need to respond fast. Opportunity is knocking right now. Contact a Select Mexico Properties sales representative today and let us show you how you can take advantage of this outstanding opportunity to own real estate in Puerto Vallarta.

Photo Credit: Trudy Loosman