Buying land in Mexico was never particularly easy, and it always carried with it a significant risk. Real estate laws in Mexico are different, and many of the protections we take for granted in US real estate transactions don’t (or didn’t) exist. Many early real estate investment proposals were turned upside down by unscrupulous sellers and buyers got caught up in the seemingly arcane property laws in Mexico.

All of that has changed and right now buying land in Mexico is among the safest real estate investments you can make. What makes the difference? Significant changes in Mexico’s property laws have opened doors for foreign real estate investment. Investors who buy land in Mexico are now protected in ways they never have been in the past. The protections are real enough and strong enough to entice lenders in both the US and Mexico to issue mortgages for the first time in Mexico’s history.

When it comes to property ownership, the availability of mortgages is key. There’s a relative housing boom right now in Mexico. Certain areas, like Puerto Vallarta, are preparing for an influx of American, Canadian and European retirees who are drawn to Mexico for its excellent quality of life and its low cost of living. The potential for strong gains in property values doesn’t hurt either! Property values in Puerto Vallarta have increased by about 10 percent per year for the past ten years, and many property owners have seen their property values double or, in some cases, triple in value.

There’s no better time for buying land in Mexico than right now. If you would like more information about how buying here can benefit you, or how you can take advantage of the strong investment potential of land in Puerto Vallarta, please contact Coaching Services today!