In Puerto Vallarta, tourism is the city's key, and just about only industry; and for this reason it is important for Puerto Vallarta Real Estate that the tourism industry is strong and continues to draw large amounts of investment. This means that real estate in Puerto Vallarta will continue to benefit from new conveniences, activities and services, and new real estate opportunities will continue to arise for buyers making an investment in Puerto Vallarta Condos
or other property types with a potential focus on profit from tourism.
Puerto Vallarta's tourism industry is currently among the strongest in the country. This success has continued to draw further investment into the industry from large-scale investors.
A recent example of this is an investment of a billion dollars by the hotel chain, AMResorts, to open four new properties in Mexico. Of these 4, 2 will be located in Puerto Vallarta, which will be named Secrets Puerto Vallarta Resort & Spa and Now Amber Puerto Vallarta. These are scheduled to be opened in 2011, and have a combined total of 620 rooms.
Compared to the hesitation many large-scale investors are showing to spend large amounts in many locations throughout the world, coming out of last year's recession, this kind of investment in Puerto Vallarta's tourism industry points to an exceptional confidence that tourists from the U.S., Canada and many other countries will continue to come to Puerto Vallarta.
You, as future real estate buyer and resident of Puerto Vallarta can also rest assured of the following points; all the activities, services and infrastructure of a thriving tourism industry, such as the boardwalk, excellent roads, great hospitals, the large variety of nightlife and restaurants and the presence of a large expat community in which you can enjoy your life in Puerto Vallarta.
Many times, real estate opportunities also grow with new hotel development; a resort will include Puerto Vallarta Beachfront Condos, providing luxury, direct access to the beach and all the facilities of the resort.
If you're considering buying a beachfront condo, consider Puerto Vallarta on Mexico's Pacific coast. A very healthy tourism industry can add a lot to your real estate purchase.
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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.
