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Puerto Vallarta Real Estate – Benefit of Large-Scale Cruise Investment


Michael Green, puertovallarta Broker By Michael Green
2011-01-31

One of the primary motivations for investing in Puerto Vallarta real estate are the multiple benefits which in enjoys as one of Mexico's top tourism centers, drawing the second highest number of international visitors in the country. In addition to the possibility of investing in a Mexico condos for sale to generate income from vacation rentals, tourism also draws investment for services, infrastructure and activities, improving the lifestyle for Americans and Canadians who live there.

Good news for 2011 is that one of the city's primary sources for tourist visits – cruise ships – will be continuing strong. One example is the Ocean Stare Cruise company. With an investment of $100 million dollars, the company announced the launch of operations of the first Mexican-operated cruise provider with an itinerary for major Pacific tourist destinations – of which Puerto Vallarta is the #1 location; the company's operations are expected to generate around $500 million dollars annually.

In addition to Puerto Vallarta, the Pacific Ocean Star Cruise will visit the beachfront destinations of Acapulco, Manzanillo, Ixtapa-Zihuatanejo, Huatulco and Cabo San Lucas, starting as of April 11.

This is great news for locals; it means 700 direct jobs and more than three thousand indirect jobs!

But the news is just as encouraging for international real estate investors. It indicates the confidence with which a buyers can invest in Puerto Vallarta condos for sale. Both international and national investors are pouring huge amounts of funds into the area, confident that tourism will remain high and that the area will continue to be one of the most attractive beachfront options in the world.

Although buyers won't be investing $100 million dollars, the $1 million, or $250,000 or even $100,000 that they do invest will be very well placed, offering results both in an attractive lifestyle and in financial return on investment, generating income for the owners.


The Ocean Star cruise, which will be scheduled to arrive in Puerto Vallarta every Thursday, is planning to offer very accessible pricing, with room for 50 thousand passengers in 525 cabins, on seven decks.

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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.

 

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