Where's the best place to invest in a beachfront condo? A place where tourism is at its best, a long time favorite, that continues to show excellent numbers, drawing the investment necessary to make your property purchase worth every dollar you pay for it and more. This is the case of Puerto Vallarta real estate.
Puerto Vallarta has been a favorite for Americans and Canadians since the 50's when Americans began to choose Puerto Vallarta because of the lower cost of living in a warm beachfront climate. Shortly after Hollywood first noticed the high potential of what was at that time a small fishing town on Mexico's Pacific coast with the filming of "Night of the Iguana" (which was also famous for the large amount of attention brought to the affair between Elizabeth Taylor and Richard Burton). From there both tourism and the expat community have just been growing.
Besides a long list of following movies and T.V. shows, Puerto Vallarta appeared again and again as a top-notch tourist destination, offering beautiful nature, long-lasting tradition, and modern conveniences and services. The ongoing growth of tourism, propelled by a strong image, romantic and attractive in many other ways, continued to bring more services to the city, ranging from large international airports to high-quality restaurants. Even coming out of the world-wide recession, when many tourist destinations are struggling to stay on their feet, Puerto Vallarta has recovered well, reaching over 90% hotel occupancy at peak seasons in 2010.
For anyone planning to buy a Puerto Vallarta luxury condo, this means that your luxury lifestyle won't be limited to the property you buy. You will be enjoying luxury in world-class dining, international stores, excellent services and, in general, an atmosphere of elegance.
If you are an investor, nothing is more ideal for rental income than a Puerto Vallarta beachfront condo; the popularity of this city means that there will be an ongoing demand for vacation rentals in prime areas, near the boardwalk, close to the hotel district, and near golfing areas. Beachfront condos provide beautiful views, and provide vacationers with a convenient, private, and often less expensive alternative to staying in a hotel. Property management services, which are often offered with a condo purchase, help to make this source of income accessible and profitable.
If you are looking for a beachfront condo, consider the location which has proven itself to offer the most for decades on end; find out more about buying in Puerto Vallarta.
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Region: Puerto Vallarta real estate by Michael Green, an expert on Mexican real estate contract law, Green is active in national and state realty boards. Green's excellent service record both in Puerto Vallarta and the U.S, combined with an old-fashioned work ethic and an intimate knowledge of Puerto Vallarta's luxury market, make him the ideal person to consult for real estate transactions. You can contact him at (512) 879-6546.
