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Puerto Vallarta is not just
the largest world class tourist 1.5 million Americans
and countless Canadians and Europeans, know you can have a great
time on vacation and profit from your risk free Puerto Vallarta
Real Estate
investments !
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All the way from Mismaloya located south of Vallarta to Punta Mita and further North; the homes, condos, land and developments for sale are growing rapidly. This booming Puerto Vallarta Real Estate market offers the foreign investor multiple choices for financially successful second homes and retirement plans as well as vacation plans.
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In Mexico, tourist and real estate trade appear to go hand in hand. The stronger the tourist attraction, the more interest by foreigners to purchase the property there as well. The major tourist areas of Mexico set in order of popularity among tourists: |
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1. Puerto Vallarta, and it's immediate
neighbors,
Bucerias,
La Cruz, Sayulita and
San Pancho
north along the Bay of Banderas The interest to purchase property in Mexico is exactly in the same order.... with Puerto Vallarta Real Estate being Number One!
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Why Baby Boomers are Buying Puerto Vallarta
Real Estate and will be retiring in big numbers in
Mexico…. According to many experts on aging, out of 78 American baby boomers who started their retirement process in 2006, 12 million of them will be buying and investing in property in Mexico for their retirement.
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Before 1993 Mexican law prevented any ownership by foreigners of real estate properties located within 32 miles (50km) from the oceans or 62 miles (100km) from International borders. But Mexico changed this law in 1993 and allowed the ownership of real estate properties by foreigners .
Lower Real Estate Prices and
Lower Cost of Living :
Foreigners are invited to invest
in property along the Puerto Vallarta Bay of Banderas and extended
Mexican Coastline
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