When making real estate investments for retirement, you want property that will hold its value, or appreciate in an area that will provide a reasonably modest cost of living and a high quality of life. While these elements may be more or less important to the individual investor, most investors focus on quality of life in retirement, because it’s a part of everyday life.

If you’re considering a Mexican retirement, luxury property in Puerto Vallarta is booming. Developers can’t build luxury property fast enough to meet the demand. And the demand for luxury property in Puerto Vallarta is only expected to increase.

Some retirees are purchasing luxury condominiums but the cost is extremely high. Some properties start in the $1 million+ range. A real estate investment is good only if it provides a good rate of return or a high enjoyment value. You can find both of these qualities, and live in a luxury environment without spending millions of dollars – unless you want to.

Right now, you can find undeveloped residential real estate in Riviera Nayarit, just north of Puerto Vallarta for a fraction of the cost of developed luxury real estate in Puerto Vallarta. Within about six months, you can be living in a custom-built luxury home on a seaside cliff, enjoying all of the sun and sea breezes you can handle.

Communities north of Puerto Vallarta, like San Pancho, are located in the highly desirable Riviera Nayarit, where property values will appreciate faster than the highly developed luxury condos you’ll find in Puerto Vallarta. San Pancho offers peace and quiet that you simply won’t find in the city. Along with access to sandy beaches and natural vegetation, San Pancho is home to turtle, bird and marine mammal sanctuaries that add a quality of life to San Pancho that you won’t find in Puerto Vallarta.

If you would like professional assistance in sorting out your real estate investment options, please don’t hesitate to contact Coaching Services. Our certified professional real estate coaches can help you learn what you need to know about the Puerto Vallarta real estate market before you start investing.

Photo Credit: Shirley B.