Less than five years ago, many buyers were considering high-end luxury properties, with the best services, giving prices lower importance. The trend has now shifted slightly and more buyers are looking for slightly lower priced properties that still offer good lifestyle, a community atmosphere, and possibility for retirement usage. Real estate along Mexico's Pacific coast present accessible options for planning a Mexico Retirement.
While in the U.S. real estate values which continue to be low are slowing down personal spending – people feel less rich, since the value of the home they bought is considerably less than they paid for it – Mexico real estate is showing steady and stable increases in value, and since properties are available for fairly accessible prices, owning real estate in Mexico is an excellent way for buyers to get back into the up-swing of real estate investment, both preparing for retirement and with the possibility of gaining an income.
There are many options within Mexico to consider; two excellent possibilities are on Mexico's Pacific coast. Ixtapa-Zihuatanejo is located in the central part of the Pacific Coast. Ixtapa was created in 1972 as Mexico's second integrated resort community, with Cancun as the first. Ixtapa Real Estate provides all the benefits of a community planned specifically for tourism and foreign property owners, with many beachfront activities available, and well-developed set of services, including excellent health care facilities. It is also just over the hill from Zihuatanejo, a longer established Mexican town, providing a traditional balance to newness of Zihuatanejo.
Mazatlan Real Estate, further up the coast, just across from the tip of Baja California, also provides a unique combination of beachfront luxury and Mexican tradition with a colonial city center. Activities, services, infrastructure and health-care are also top-notch here, and recent restoration of the old city center adds the possibility of a colonial fixer-upper for real estate buyers.
In both cases, retirees will enjoy a comfortable beachfront lifestyle with warm weather. In addition to this a home or condo bought in these areas will have good potential for rental to vacationers in the mean time to serve as an income, compensating ownership costs and making saving for retirement easier. With lower costs of living on the Mexican Pacific, these savings will stretch further than in other places.
TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"
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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