Buying Property In Puerto Vallarta The Top 10 Reasons
The Top 10 Reasons Why YOU should be buying property in Puerto Vallarta?
Great Investments. Low Prices. Quick Financial Return . Easy Travel . Incredible Climate .
Protective Laws . One Stop Shop Puerto Vallarta Real Estate Services
Realizing your dream of buying property in Puerto Vallarta and along the Bay of Banderas coastline can be as simple as purchasing in the U.S. or Canada.
Ever since Mexico joined NAFTA, the Mexican government has dramatically changed its laws governing the purchase of real estate properties by foreigners and non-Mexican nationals.
Many smart U.S. and Canadians already know why buying property in Puerto Vallarta is a good investment. Now, the British whom have for many years only invested their money in Europe are beginning to see the multiple advantages of buying property in Puerto Vallarta and are migrating across the ocean, as they become aware of the successful financial real estate investments others have been enjoying.
The Top 10 Reasons for Buying Property In Puerto Vallarta and the true facts and information to dispel your investment concerns.
1. Great Investment:
Wise and Profitable Investing in Puerto Vallarta Real Estate and other Pacific Coast Areas: Mexico is accommodating the tremendous demand for housing by thousands of American and Canadian baby boomers seeking to buy property in Puerto Vallarta; whether it’s for their eventual retirement, second homes or investment properties (rental income) Over $1.6 Billion U.S. dollars were invested by American and Canadian developers and individuals in Mexico real estate in 2006. Mexico is presently in the process of building (2007), or permits to build have been issued by authorities, for more than 2.5 million units.
2. Low Prices:
Puerto Vallarta real estate prices are extremely low compared to those along the coast in the U.S. Most of the Mexico residential real estate industry, still in its infancy, is handled and controlled by Americans and Canadians.
3. Quick Financial Return:
You can enjoy a fast return on your money by having your Puerto Vallarta property professionally managed as a vacation rental during your absence.
4. Puerto Vallarta has a Hawaii - like climate: If you were to draw a straight line eastward from Hawaii on a world map, it will take you to the heart of Mexico located in Puerto Vallarta. This exact same geographical latitude accounts for a Hawaii-like climate and a lush tropical setting. Flora, fauna and marine life are virtually the same.
5. Change in Mexico’s Laws: Mexico has liberalized its laws regarding buying property and land ownership by foreigners. The infamous case and bitter experience for several hundred Americans who lost their vacation homes at Punta Banda, Rosarito, Baja California about 20 years ago, will never repeat.
6. Easy Travel to Puerto Vallarta by Air, Land and Water:
Being our neighbor to the south, Mexico is accessible by land, air and water. Mexico has good highways and adequate roads, with an increasing number of freeways being built each year. Air service from all major U.S. and Canadian cities is quite good. In just a few hours of flying, most Mexican destinations from most of the U.S. can be reached. Water access is possible via the Pacific and Atlantic oceans and the Gulf of Mexico by cruise ships, or by private boats and yachts from the U.S. calling on different ports in Mexico; such as Puerto Vallarta in the State of Jalisco and the new largest Central American Port now under construction in La Cruz de Huancaxtle approximately 20 minutes from Puerto Vallarta.
7. Puerto Vallarta Real Estate Brokers:
All major U.S. real estate brokerage companies are already operating in Puerto Vallarta Mexico, along with a number of small independent brokers like www.AskGringoRealtors.com , who specialize solely in the buyers best interest.
8. U.S. Title Companies:
Major U.S. title insurance companies (i.e., Stewart Title, Fidelity National) are already represented in Mexico and will write title insurance on any new property built by government approval.
9. Home Loans and Mortgage Lenders:
Some big U.S. capital investment names like GE Capital, City Bank (through its Mexican partner Banamex) and a number of smaller mortgage companies are already establishing roots in Mexico and are offering loans to Americans for Mexico properties purchases.
10. Medicare in Mexico:
There is a movement among some U.S. legislators to push the U.S. Congress to allow Medicare recipients to seek medical assistance and treatment in Mexico under the U.S. Medicare program.
Currently, there are virtually no laws or Mexican government interference. Thus, the real estate industry in Mexico resembles the U.S. real estate scene 50-70 years ago with broad real estate opportunities available and unencumbered by real estate licensing requirements. You will be more than pleased with the choice of purchasing property in Puerto Vallarta.
Read more and search listings for buying property in Puerto Vallarta at www.AskGringoRealtors.com
Contact Your Puerto Vallarta Real Estate Broker and learn more about special incentives for our clients buying property in Puerto Vallarta info@AskGringoRealtors.com