Select Mexico Properties

Forbes did a story the other day on the ten biggest declining real estate markets in the US. The list is interesting to look at because it tells a story about the luxury real estate market. In the number 10 and 9 spots were Cleveland and Detroit. You would expect this because they’re part of the industrial Midwest. These two cities have suffered a lot in the past few decades and it’s no surprise that real estate values are declining there.

For me, the rest of the top ten list was most surprising. Phoenix, Tampa, Las Vegas, Los Angeles, San Diego, Orlando, Sacramento and Riverside-San Bernardino were the markets that experienced the sharpest declines in property values. Many of these communities are at the center of the US luxury real estate market.

In Sacramento and Riverside-San Bernardino, the two areas that experienced the greatest decline, property values were off by 23% in each place. These properties lost nearly one-quarter of their value. Places like Orlando, Tampa and Phoenix are not only at the heart of the US luxury market, but they’re also some of the preferred destinations of US retirees.

No one expects a decline in property values, but a 25% drop is a little hard to take! And if you were counting on the value in your home in one of these markets to support your retirement, you may have lost a huge gamble.

For some people, loss in these markets represents an opportunity. But why risk buying depressed property on the assumption that the property value will rise again? How long will that take? Some experts predict that the US real estate market could take as much as a decade to recover from these losses.

A better strategy is to buy property in a performing market. Puerto Vallarta is definitely performing, with ten solid years of double-digit gains. Property is “value-priced” here right now, but as more investors look for opportunities to prop up their retirement portfolios, the opportunity to make big gains in the Mexican luxury real estate markets will become harder to find.

If you’re ready to invest in a luxury real estate market winner, please contact a Select Mexico Properties sales representative today and let us show you how you can benefit from the luxury real estate market.

Photo Credit: Kevin Jachelski

If you’re looking for a vacation home right now, you’ll have your pick. Sales of second homes are better than they’ve ever been. Why? The price of real estate has dropped. Visit any major retirement destination in the US, and the local real estate agents will all tell you the same thing: prices are coming down, homes are staying on the market longer and people are not seeing as much return on their investments. While deals on US real estate are good, you might consider investing your money in a Mexican vacation home instead.

I was listening to the radio just yesterday, and the newscaster said that property values had dropped by 50 percent in one area in Florida. That’s a tough pill to swallow if you’re a homeowner, but it means great deals for people who are looking for a second home. It also means that the buyers in this market may be in for a long wait to recover the cost of their investment. Some experts are predicting that US property values won’t recover for as much as a decade.

On the other hand, if you build a Mexican vacation home in Puerto Vallarta, you could be looking at double digit property value increases for the next five years or more. That sounds like a much better investment! Don’t buy a vacation home just because it’s cheap. Cheap won’t do you much good if the property isn’t also in a position to appreciate. Buy vacation real estate because it has the potential to increase its value substantially and help you recover the cost of its purchase.

A Mexican vacation home in Puerto Vallarta has the potential to do just that. Puerto Vallarta has a lot going for it right now. First, the price of ocean-front residential building sites is far lower here than it is in other areas along the Pacific Coast. Mexico strictly limits the amount of coastline eligible for foreign ownership, so Select Mexico Properties’ ultra-desirable-yet-still-affordable real estate will sell quickly.

Second, the property here has the real potential to double in value in the next five years. Currently, Puerto Vallarta’s population is about 350,000, but it’s expected to jump to 600,000 by 2015. Housing will become a major expense in Puerto Vallarta, and those who own prime real estate will benefit the most.

Third, people who live in Mexican vacation homes will enjoy a high quality of life here. You’ll find low health care costs, low cost of living and high quality services. You can’t say that about US retirement destinations! If you’re serious about investing in vacation property, please take a look at Select Mexico Properties offerings. You won’t find a better site in the Puerto Vallarta area to build a Mexican vacation home!

If owning a Puerto Vallarta second home seems like an extravagance that you can’t afford, think again. Right now, building sites in Puerto Vallarta are at their most affordable. You won’t find these prices again anytime soon!

Not only is a Puerto Vallarta second home affordable, it’s also a smart investment. The property values in Puerto Vallarta are escalating rapidly. People who have owned property here for the last decade have seen their investment triple, and they expect it to double again in the next five years. You won’t find many investments that know that trick!

Puerto Vallarta second homes are attractive to American investors who are planning for their retirement. Americans aren’t the only ones who understand the value of a Puerto Vallarta second home, though. Europeans and Asians are also showing substantial interest in Puerto Vallarta second homes, not only for their investment value and “bargain” pricing, but because they’re also looking for ways to beat the high cost of retirement. A Puerto Vallarta second home will provide all of those things in what has got to be one of the most beautiful places on earth.

Don’t wait to invest in a Puerto Vallarta second home. The properties here are being sold at a solid rate. Select Mexico Properties has just over 100 building sites remaining for exquisite Puerto Vallarta second homes. These ocean-view lots are once-in-a-lifetime opportunities and when they’re gone, you’ll have to purchase one on the open market.

If you’re looking for a safe, solid investment performer, you need to consider building a Puerto Vallarta second home. Select Mexico Properties has the ideal sites available for sale. If you’re ready to move, please contact a Select Mexico Properties sales representative today!

Photo Credit: Vangelis Thomaidis

There’s no good way to put this: retirement during a recession is dangerous. Most financial advisors will tell you to just keep working. One or two more years ought to do it, maybe. What if you can’t wait one or two years? Or just plain don’t want to? There is an answer that many planners overlook: an investment in a Mexico luxury home!

Luxury travels with extravagance, and the thing you can least afford during the lean times is extravagance, right? Don’t answer too fast. If you plan to stay in the US, then keep working and hopefully things will improve for you. If you’re ready to stop working, you can take your hard-earned retirement savings and put them to work while you relax and enjoy the sunshine by investing in a Mexico luxury home.

A Mexico luxury home is the ideal investment for retirees because the money you invest in your home here will continue to work hard! Property values have tripled in the last ten years and will double again in the next five. You won’t find double digit ROI in any US real estate right now!

Even better, those necessities that are most expensive for retirees, like health care and prescription medicine, are 50% to 75% less expensive here than in the US. Whereas the average retiree in the US can expect to spend $250,000 on uninsured medical expenses, the same retiree can expect to spend one-quarter to one-half of that over the course of his or her retirement. When you reduce the most significant expenses in retirement, that leaves extra money for things, like travel, hobbies and the activities you promised yourself you would do when you retired.

Studies show that nearly half of all people who retire during a recession don’t have enough funds to maintain their lifestyle, primarily due to the reduction in their retirement savings’ worth. By moving your retirement savings into a high-performance asset like a Mexico luxury home, you can extend your retirement savings and enjoy a healthy and relaxing retirement lifestyle. If you’re worried about retiring during a recession, please contact a Select Mexico Properties sales representative today. Let us show you how to make the most of your retirement savings.

Photo Credit: George Popa

Investment firm Lipper recently released data that shows that investors who bought exchange traded funds based on the Mexican economy enjoyed a ten-year return of 17%. In comparison, the best performing US-based ETF returned just over 9%. Many people have found that investing in Mexico is a smart move. Traditional vehicles, such as direct investment in real estate can return substantially more. Many ex-pats from the US have found that their investment in Mexico luxury homes has doubled or even tripled in the time they’ve owned the property.

These returns are phenomenal, and are reminiscent of better times in the US. If you’re feeling the pinch of non-performing investments, declining real estate values, and rising prices, you might want to look south of the border for a little relief. Right now, you can find great investment in Mexico luxury homes.

In certain areas of Mexico, the Federal government is encouraging foreign investment in real estate. Puerto Vallarta is one of those areas. The government is pouring billions of pesos into highways, bridges and tunnels, hospitals, water treatment plants, and municipal facilities, all of which will increase the value of the Mexico luxury homes in Puerto Vallarta.

The land values here are growing, and have tripled in the past ten years, but they’re still extremely affordable, even for folks of “ordinary” means. In five or ten years, that won’t be the case, and if you haven’t invested in a Mexico luxury home by that time, you’ll likely be closed out of the opportunity forever.

This is one opportunity that you don’t want to let slip. Now is the time to buy land and build a Mexico luxury home in Puerto Vallarta. Property values are expected to double in the next five years, and the population here is expected to increase by 75 percent. Most of the increase will come from foreign investors – many of whom are retirees – who want to take advantage of the low cost of living and the growth in property values.

If a good return on your investment is important to you, and you’re looking for a market with high growth potential over a short- to mid-term, you need to consider building a Mexico luxury home in Puerto Vallarta today. Select Mexico Properties’ prime residential building sites won’t last long in this investment climate. You need to act fast if you want to take advantage of this opportunity. Please, contact a Select Mexico Properties sales representative today!

Photo Credit: Daniel Moore

A new survey conducted by Scottrade found that 31 percent of Generation X (those people born between 1965 and 1982) believe that they’ll never be able to fully retire. It’s easy to see why they would think that way. Current estimates indicate that the Social Security trust fund will be exhausted in 2041. For someone born in 1965, that’s not very comforting news. Pension funds are going broke left and right, and retirement savings are being hit hard by the economy. Gen X’ers are wondering what retirement options they’ll have left. They’re overlooking one spectacular opportunity: a Puerto Vallarta luxury home.

Luxury sounds counterintuitive in a down market, but it’s not. Investing in a Puerto Vallarta luxury homes actually makes a lot of sense. Right now, property in Puerto Vallarta is undervalued. That means there are bargains to be had. Building a Puerto Vallarta luxury home now might possibly be one of the smartest moves a Gen X’er can make.

Mortgages are available to purchase land and build a home. Within the next ten years, the population of Puerto Vallarta is expected to increase by nearly 75%. At that time, there won’t be any bargain property to be had. A Gen X’er who buys land and builds a Puerto Vallarta luxury home right now can take advantage of the low land and building costs, and reap the benefits of the substantial increase in property values that will occur in the next decade.

As an added benefit, many Puerto Vallarta luxury homes are rented out on a short-term basis to Puerto Vallarta visitors. The home can generate enough rental income to pay for itself! It’s an excellent way to take advantage of the growth in the market here. Your Puerto Vallarta luxury home can double as a vacation getaway for you and your family, while at the same time ensuring that your long-term retirement plans are secure.

If you’re ready to stop wondering whether you’ll be able to retire, and start making plans to enjoy your life, please don’t wait. This opportunity won’t last long. Smart investors from all over the world are inquiring about the availability of these building sites. If you’re ready to start working on your retirement, please contact a Select Mexico Properties sales representative today.

Photo Credit: Ben Earwicker

Americans are funny when it comes to their retirement savings. A recent survey conducted by the Employee Benefit Research Institute shows that only 24 percent of respondents were working for a company that offered a pension or some other type of guaranteed retirement plan, yet 86 percent of respondents think that they’ll have a pension when they retire. More shocking than that, 25 percent of Americans have saved nothing for retirement at all. If you’re behind on your retirement planning, perhaps now is the time to consider an investment in Mexico real estate.

Time goes by quickly. When you begin your career, it’s hard to imagine retiring. It seems so far off. You promise yourself that you’ll start saving for retirement someday, but you have bills to pay and the expenses keep mounting. Before you know it, you’re edging closer to retirement, and you have nothing to show for it. You can’t beat the power of compounding, but if you’ve neglected your retirement savings, you can take steps to make up for the missed opportunity to save for retirement. How? By investing in solid performers. In today’s market, they’re hard to come by, but one excellent option is Mexico real estate.

In Puerto Vallarta, for example, property values have tripled in the past ten years. That’s an amazing return on investment. What’s better is that the property values here are expected to double in the next five years. You read that right: you may double your money in Mexico real estate in the next five years. That’s a lot of ground to make up in a short amount of time.

Select Mexico Properties has some beautiful properties for sale. These premium building sites are located right next to the Pacific Ocean. You won’t find better residential building sites than these, and they’re priced to move. You can find the architectural and engineering help you need, or we can help you find it. We can also help you find the financing you need to build this spectacular investment. When you’re finished, keep it and take advantage of the appreciation or sell it and bank the profits. Either way, you win with an investment in Mexico real estate.

If you want to put yourself back on track for retirement, and you’re ready to look at the potential of Mexico real estate, please contact a Select Mexico Properties sales representative today.

Photo credit: Craig Jewell

The first quarter economic numbers are out for Mexico, and despite the softness of the US economy, the Mexican economy continues to grow. Analysts had predicted a 2.5% increase in industrial output in Mexico, based on a predicted slowdown in US-bound exports. Instead, industrial output climbed to 5.4%. In comparison, output at US factories fell by 0.5%. The increase in industrial output is translating into higher confidence in the Mexican economy, and improved demand for Mexico real estate.

Construction is playing a big role in the economy right now, thanks in large part to the investment of billions of dollars in infrastructure projects by the government. The Federal government has recently authorized the construction of internal highway systems to connect several major Mexican cities. Public works projects also include several new water treatment facilities in locations around the country, and airport expansions, particularly in areas popular with tourists.

Puerto Vallarta has been the beneficiary of many public works projects. Currently, more than 30 hotel construction projects are in the works, along with several residential complexes, highways, a new water treatment plant, marina and marine terminal improvements, and a convention center. Last month, Puerto Vallarta’s new airport terminal opened for business, as well.

Puerto Vallarta is clearly planning for an increase not only in the tourist population, but also the residential population. The demand for Mexico real estate here is good, and despite an overall buyer’s market, property values are growing steadily, in anticipation of major growth in the region’s population.

Foreign investment in Mexico real estate in Puerto Vallarta is strong. Buyers from Europe, Canada and Asia, armed with strong currencies, are investing in “bargain” properties along the Pacific Coast. Many of these investors will be calling Puerto Vallarta home when they retire, as they take advantage of the lower cost of living and the high quality of life here.

Select Mexico Properties has about 100 gorgeous residential home sites for sale in San Pancho, about 30 minutes north of Puerto Vallarta. Potential investors are attracted to these premium properties because many offer ocean views and ready access to the area’s beaches. If you’re considering an investment in Mexico real estate, please contact a Select Mexico Properties sales representative today and let us show you why you may find an investment in these properties to be one of the best you will ever make!

Photo Credit: Gary Scott

If you always assumed that you would retire to Florida, you might want to rethink that. The outlook for the Sunshine State isn’t as sunny as it once may have been. An investment in Puerto Vallarta luxury homes may be in order instead!

State revenues in Florida are falling, which means pinching pennies hard to get through the current fiscal year and adjusting spending downward for next year. In contrast, the Puerto Vallarta economy is hot with no signs of stopping. Owners of Puerto Vallarta luxury homes have experienced a tripling of property values in the past ten years, and will see those same values double in the next five. Compare that to declining property values in Florida, which are expected to continue for several more years.

Florida is still attractive to the wealthiest of retirees, but the number of retirees who believe they fall into this category is dropping fast. The mushrooming cost of health care in retirement is largely to blame for the decline in retirees’ wealth. On the other hand, investors who live in Puerto Vallarta luxury homes can look forward to affordable health care in a quality environment.

More people retire at age 62 than any other age group. The first of the baby-boomers are now turning 62, and many are rethinking early retirement due to the soft economy in the US. The shrinking job market has put a lot of older workers out of a job, and many cannot find suitable replacement employment. Those who are still working will continue to generate income while they can.

If your plans call for you to work until age 65 or higher, but you lose your job at age 60 and can’t find new work, will you have sufficient funds to cover your retirement? Worse, what happens if a health crisis forces you to retire before your retirement savings are fully realized? Will the savings you have put together be enough to handle the added health care costs? When you invest in a Puerto Vallarta luxury home, many of these questions are answered.

An investment now in Puerto Vallarta luxury homes has some distinct benefits. First, it’s a buyer’s market here. You can have the best properties at prices you’ll never see again in this area. You can build a luxury home, hire staff to help with meals, housekeeping, landscaping and laundry, and live comfortably and within your budget. The quality of life here is high, and you can pass your investment on to your children or sell it for a substantially appreciated value should the need arise.

If you want to worry your way through retirement, or settle for retiring in place and take your chances with the skyrocketing cost of health care, do nothing. If you want to enjoy retirement living in a sunny, warm climate with good health care, a reasonable cost of living and a spectacular return on investment, contact a Select Mexico Properties sales representative today!

It’s going to be hard to limit myself to three reasons, because there are so many good reasons to add a Puerto Vallarta second home to your investment portfolio. For me, the three best reasons to build a Puerto Vallarta second home all involve investment – but not necessarily the monetary kind.

First and foremost, the real estate values in Puerto Vallarta are super-hot. That has to be the number one reason to invest in a Puerto Vallarta second home. The real estate down here has doubled in the last ten years and will triple in the next five. It’s an astounding opportunity to get real value out of real estate again, especially when the real estate market in the US has been such a disappointment.

Second, a Puerto Vallarta second home is an investment in yourself and your family. It’s a great place to get away from it all. You work hard. Let’s face it: if you didn’t, you wouldn’t be looking for a Puerto Vallarta second home. When you want to relax, there’s no place on earth that compares to Puerto Vallarta. Puerto Vallarta has it all. A gorgeous view of the Pacific Ocean, clean beaches, a high quality of life, and the best medical care in the area. Puerto Vallarta is the place that everyone dreams of. You deserve a peaceful, tranquil retreat, and Puerto Vallarta offers just that.

Third, Puerto Vallarta is a great place in which to invest your time. The community here is growing and expanding. There’s an excitement about the changes that are taking place here. Puerto Vallarta is becoming a world-class city. But it’s also a place where people still care about whether or not baby turtles make it into the ocean. They still care about the amazing archaeological ruins just 45 minutes north of San Pancho. They care about the arts, the environment, and the ocean. When you make an investment of your time in Puerto Vallarta, you develop a meaningful connection to this place and the people who live here. Many people have built a Puerto Vallarta second home with the intention of staying here a few months out of the year, and once here, have found it impossible to leave, because Puerto Vallarta has so much to offer.

Now is the time to invest in a Puerto Vallarta second home. Select Mexico Properties has incomparable hillside building sites that are simply the most beautiful place to construct a Puerto Vallarta second home. Please don’t wait. These lots are selling fast. Some lots have already been sold and more will be going under contract soon. Don’t miss out on this opportunity! Contact a Select Mexico Properties sales representative today.

Photo Credit: Andrzej Pobiedzinski