May 16th, 2008 by Eileen Peck
Several important industries in Mexico are government-run monopolies. One such monopoly controls the production, distribution and export of oil. Mexico has large oil reserves and sends much of its oil to the United States. The oil industry generates a lot of money for the economy each year, but policymakers here understand that the oil industry will not sustain Mexico’s economy forever. As a results, new initiatives in Mexico are developing the tourist economy as a major source of income for the country.
This approach is good news for Puerto Vallarta tourism. New infrastructure is being built here to support a growing number of tourists who regard Mexico as a safe and friendly place to visit. The Puerto Vallarta tourist economy has benefited from the construction of a new water treatment plant to sustain growth in Puerto Vallarta. Puerto Vallarta’s water has met US drinking water standards for the past seventeen years running, but the new water treatment plant will ensure clean water to Puerto Vallarta residents and guests alike.
Construction has just begun on a new interstate highway system that will connect the major cities in Jalisco, including Guadalajara, Puerto Vallarta, and Tequila with Zacatecas in the state of Zacatecas. This will make travel around Jalisco and to neighboring states easier for both residents and tourists alike.
Puerto Vallarta has just opened a new international airport terminal designed to process 800,000 passengers each year. Already, two million travelers visit Puerto Vallarta each year, by air, land and sea. Puerto Vallarta’s marine terminals have been refurbished because the city is one of the most popular ports-of-call for cruise lines that operate in the Pacific Ocean.
Government support for Puerto Vallarta makes it very clear that the tourist economy is here to stay and Puerto Vallarta plays in important role in Mexico’s future economic plans. That’s one major reason that many people are looking to invest in Puerto Vallarta real estate. Now is definitely the time to buy here. If you’re interested in more information about the long-term investment potential of Puerto Vallarta real estate, please contact a Select Mexico Properties sales representative today and let us show you how to take advantage of the economic prosperity in Puerto Vallarta.
Relevant Tags:government support for puerto vallarta, puerto vallarta tourism, puerto vallarta tourist economy, tourist economy

March 26th, 2008 by Eileen Peck
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.
Relevant Tags:new construction, puerto vallarta investment property, residential building, tourist economy
