
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
Relevant Tags:puerto vallarta mexico, real estate in puerto vallarta, real estate values, water treatment systems




