May 26th, 2008 by Eileen Peck
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.
Relevant Tags:luxury retirement home, mexico retirement, puerto vallarta retirement, second home

May 22nd, 2008 by Eileen Peck
A recent Kiplinger’s survey showed that twenty percent of workers plans to buy a second home for retirement. For some, the ability to afford a vacation home or a retirement home is limited, but for savvy investors, nothing makes more sense than buying a second home in preparation for retirement.
Depending upon your age and relative level of wealth, a second home can be a wonderful investment. In the right location, a second home can also be a stellar investment. Retirees and those who are soon to retire are scouring the world right now in search of potential high-value real estate on which to build a second home.
One such opportunity is presenting itself right now in Puerto Vallarta. The Puerto Vallarta second home market is hot and shows no signs of the softness that realtors are seeing in America’s traditional retirement destinations. Retirees from all over the world are looking for high quality retirement opportunities that will enable them to enjoy good weather, excellent medical care, and a low cost of living. As it turns out, the cost of retirement is high, no matter where in the world you live!
A Puerto Vallarta second home will enable you to enjoy the benefits of a Puerto Vallarta retirement lifestyle while living in an investment that appreciates faster than the rate of inflation. It’s hard to believe but it’s true: property values in Puerto Vallarta have appreciated at a rate of about 10 percent per year for the past ten years. This tripling of value has definitely caught the attention of developers and small investors alike.
Right now, a massive building boom is taking place in Puerto Vallarta, as developers rush to bring luxury high-rise condominiums to market. These units can start at $250,000 or more. Some are even priced in the million-dollar range. If you aspire to a quieter lifestyle and would rather build equity than buy it, Select Mexico Properties has an opportunity you shouldn’t miss.
Right now, Select Mexico Properties is offering select hillside residential building sites in San Pancho, just north of Puerto Vallarta. These beautiful sites overlook the Pacific Ocean and offer the best opportunity for investors to own Pacific coast real estate in North America. These lots won’t last long. Some have already been purchased and investors worldwide are inquiring daily about their availability. If you’re serious about buying a second home for your retirement, please don’t wait. Contact a Select Mexico Properties sales representative today!
Photo Credit: sean carpenter
Relevant Tags:puerto vallarta second home, retirement home, second home, vacation home
