NOW Is The Best Time To Invest In Puerto Vallarta

Just like in the other parts of the world, the real estate market of Puerto Vallarta (Mexico) too suffered during the recession period. But of late, things are looking bright once again. The real estate market of Puerto Vallarta is recovering and there is a constant increase in the number of potential buyers.

Here are 6 good reasons why ‘now’ is a good time to invest in Puerto Vallarta:

Infrastructure is Being Revived

State and local governments have recognized the importance of Vallarta and hence have agreed to pump millions into revamping its infrastructure. The terminals of the Puerto Vallarta International Airport are being refurbished and the roads across the town are being broadened to facilitate traffic. The beaches and public areas are also being decorated.

New Freeway Linking Guadalajara to Puerto Vallarta

For the people of Guadalajara, Mexico’s largest city, Puerto Vallarta has for long been the most favored destination. But for all those who wished to drive it down to the town had to subject themselves to a five hour long, mountainous two-lane road trip. But now, with a freeway coming up, that will link Puerto Vallarta with Guadalajara, things are surely going to get a whole lot smoother. This multi-million dollar project is nearing completion and will allow the people of Guadalajara to reach Puerto Vallarta in just a 2 and a half hour drive.

Several Development Projects In Process

Several big hotels in Vallarta-Nayarit are being revamped and at least 6 major condo developments are under construction. The Hilton Hotels group is also all set to make a mark in the ‘all-inclusive’ segment by sprucing up the famous Dreams hotel located just south of town.

A Very Safe Place

For a place like Vallarta, that thrives on travel and tourism, safety of tourists is of utmost importance. Thanks to a strong police force, special Tourism Police Patrol and laid-back locals, town enjoys an incredibly low crime rate. In fact, both, the US Government and Canada Government, have excluded Puerto Vallarta from their travel restrictions.

Tourism Is Flourishing

There is a very high demand for vacation rentals in Vallarta and this makes investing in property here a very smart decision. In the recent years, tourism has gone up by 30% resulting in a demand boost. For the peak season, most properties are booked out a year in advance. Factors like low taxes, excellent rental returns, low operating expenses and availability of skilled management companies explain why Vallarta is such a hot choice for second homes.

Affordable and Good Quality Healthcare

Compared to the US, healthcare in Mexico is almost 50-60% less expensive. Additionally, Vallarta is becoming one of the most prominent elective surgery destinations in the world. Patients can come down for a couple of weeks, get treated by an American trained doctor and the recover amidst the beautiful surroundings.

NOW Is The Best Time To Invest In Puerto Vallarta