In recent decades, the Puerto Vallarta Real Estate area has grown from a small town on the beach, into a complete and thriving metropolitan, offering many excellent Mexico Condo opportunities, as well as beautiful villas with views of the bay and the surrounding mountains. As the city has grown, so has the number of American and Canadian retirees living in Puerto Vallarta; currently it is one of the larges Mexico Retirement communities, with a expat population of more than 50,000.

There are many reasons why Puerto Vallarta has been chosen by so many retirees as their new home; near perfect weather, which has an average temperature of about 72º, beautiful beaches, and amazing views are a few of the top motivations. Another factor equally important is the convenience of living in a city that has all the conveniences and services a retiree may need. As the city has grown, and condos have sprouted up all across town, infrastructure has also been planned, expanded and improved to meet the needs of the new population. Roads are extensive an in excellent condition; modern hospitals with the newest equipment offer excellent health care. (more…)

History isn’t always repeated, but when it comes to real estate investing, many bet on Sam Zell’s past history. In the 1990’s, he gained the nickname “grave dancer” by buying and profiting on distressed properties. And, worldwide, distressed properties are definitely in the news now. So, real estate investors everywhere pay attention to what Sam Zell says, such as in a recent CNN interview: “Brazil is the number one country in the world for investments.”

There is a lot going on in Brazil, whether it be government or private sector housing investment and construction. The government’s $18 billion stimulus plan for building affordable housing is keeping a great many home builders busy. Couple that with a 5 percent cut in Brazil’s Selic interest rate, and you have a pretty positive climate for real estate. Real estate financing is where Sam Zell says the country needs to place its emphasis. His privately-held firm, Equity International, has taken an interest, with a large stake in home builder Gafisa SA. According to an article at the Wall Street Journal Online, half of Equity International’s invested capital and 70% of its investments’ market value is in Brazil. (more…)

It seems that each time there’s a major downturn in the economy, housing takes a big hit and more folks turn to rentals for their housing desires. This recession has been no different, which makes it the perfect environment for a stockholder to buy properties for rental. Sadly, buying properties to rent isn’t so simple as it sounds, as there are a number of common pitfalls along the path that can result in the loss of your investment capital.

Just because there are an incredible number of well-priced investment opportunities, that doesn’t suggest you can achieve success without researching the method correctly. The Net is a perfect source for information that will help you make better informed decisions about your investment strategy. In addition, there are TV programs, seminars, and real estate events that will provide valuable info for you. Having a correct budget can be the firewall that forestalls you from overspending, and can also reveal further opportunities for savings. (more…)

During the two government administrations of Mexico’s PAN party, the presidents – first Vicente Fox, now Felipe Calderon – have shown their dedication to creating an economic environment favorable to foreign investment, and, consequently to foreign buyers of Mexico Real Estate. Late in August, President Calderon announced that in the three final years of his administration, all necessary measures would be taken to put the economy back on an upward track, putting the economy in a better position to face the challenges of today.

Calderon personally represented his stance by participating in events such as the grand opening of Costco in a community in the state of Hidalgo. At the event he reassured that his government would do everything necessary to draw foreign investment to Mexico, as well as promote domestic investment.

Investment is the magic word in job creation and growth, stated the president. For this reason, Calderon reiterated that his government will continue to provide security to those who invest their resources in Mexico Real Estate and other sectors of this country’s economy. He indicated that they would continue the task of removing insecurity – a task in which they have already take various key steps. The president said that nowadays Mexico has to redouble its efforts take the steps necessary in moving forward, out of the recession. (more…)

Three regions of the Mexico Real Estate market receive good news this week from the Federal Secretary of Tourism (SECTUR). The long awaited beach recovery project looks to be nearly 98% approved with only the final authorization being awaited from the (SEMANART), which is the Secretary of Environment and Natural Resources.

Several private companies have been waiting for the announcement of who won the contract to begin the project along Cozumel beachfront properties, in Playa del Carmen, and as well in the Cancun region. The joint venture project made up of the company Mexicana de Dragados and the company Codralux were given the winning nod on an announcement made Tuesday afternoon. In our Mexico real estate blog, we have been making updates on the progress of this Cancun Beach Recovery Project. (more…)

We all know that Cancun real estate is beautiful – luxury condos on a perfectly white beach, with the turquoise blue ocean. But can you imagine what Cancun would look like from space? In a live interview broadcast today that the Televisa network. Mexican astronaut Jose Hernandez, part of the mission on U.S. space shuttle Discovery, said that the waters of Cancun are “extremely beautiful” even from space.

The U.S. space shuttle Discovery landed at dawn on Sunday 30 August at the International Space Station, two days after leaving Earth with seven astronauts on board for a 13-day mission.

1. NASA says that it is the first interview in history live from space, made from a communication base in Latin America. Hernandez said that one of the things that surprised him most is seeing the world as a unit, without borders. (more…)

The economy couldn’t be better for some people. Why? It’s because they are in a position to profit from the implosion of prices today. The discounts over value today haven’t been this good since the 1980s. For some it’s even better than that.

Think about it. Low interest rates. High seller motivation. Fewer buyers. Low prices. Government rebates. Tax incentives. You couldn’t ask for a better climate to make a lot of money quickly. This is a negative bubble that won’t last forever. Negative news drives prices down and profits up. I’m taking advantage of this and you should too! (more…)