Thomas Lloyd,  Broker By Thomas Lloyd
2009-12-03

Puerto Vallarta Real Estate is defined by a luxury lifestyle in of North America's TOP beachfront destinations. Real Estate in this area is also backed by a very well developed infrastructure, with continual improvement and expansion, and quick and easy access to goods and services of the highest quality, both Mexican and international. One of the reasons why Puerto Vallarta Real Estate can offer the rare combination of all of these at their finest is a real commitment on all three levels of government to invest in Puerto Vallarta's tourism and real estate industries, and to create a political and business atmosphere conducive and attractive to international investment and real estate ownership.

A recent reflection of this commitment was the federal budget and allocation of significant funds to Jalisco, Puerto Vallarta's state. In the budget discussions, the state's federal representatives managed to have 10 billion pesos, or 10.45% of the of 97 billion pesos to be readjusted in the legislative session, allotted to the State of Jalisco, due to the nations knowledge of importance in continued investment in Puerto Vallarta and a few other key areas in this state.

When considering a real estate purchase, the condition of roads and ease of travelling is an important factor in your choice; in this budget roads were given a high priority, receiving over three billion pesos; Jalisco is the state to receive most benefits in the reallocation of resources for road and highway infrastructure.

While these funds are dedicated for the whole of the state, including roadwork in Puerto Vallarta, another 48 million will go directly to public works projects in Puerto Vallarta and Nuevo Vallarta, which are the state's key tourism destinations, as well as counting not only among the state's top international real estate destinations, but also for the entire nation.

In the cultural field resources of nearly 80 million pesos were dedicated. Again, these funds are designated for the entire state, but the projects in other areas, namely a University Culture Center and an Bicentenial Museum in Guadalajara, to celebrate the bicentennial of Mexico's independence next year, will provide further nearby cultural attractions for Puerto Vallarta residents.

In a similar tone, at the 36th National Congress for Export Manufacturing, held in Puerto Vallarta, participants focused on the first signs of recovery in the global economy, with an emphasis on creating a political and social environment that will attract more international investment to the state of Jalisco. While Puerto Vallarta's sole industry is tourism, the tone of the Congress reflects the state's and the Mexico's emphasis on an environment ideal for foreign investors, and consequently foreign property buyers.

For North American's considering a Puerto Vallarta Real Estate purchase, the continued commitment on a city and state level to provide this kind of atmosphere provides confidence in buying your second home or dream condo on one of the world's top beachfront real estate destinations. To find out more about the ideal conditions for real estate buyers in Puerto Vallarta's current market, visit TOPMexicoRealEstate.com.

 

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Region:  Playa del Carmen real estate.

Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.

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