Currently, about 50,000 US citizens own Puerto Vallarta real estate. Many of these people are retirees, however a growing proportion of owners are those looking to build a second home or investment property. Regardless of why they own Puerto Vallarta real estate, they’ve made an excellent choice in terms of location.

Puerto Vallarata is undergoing significant change and expansion. The Mexican Federal government has committed billions of pesos to the creation, improvement and expansion of infrastructure in Puerto Vallarta. Construction has begun on a new interstate highway system in Jalisco that will connect major cities and tourist destinations, including Guadalajara, Puerto Vallarta, Tequila and Zacatecas.

Puerto Vallarta is also the recipient of a brand new airport terminal that can process more than 800,000 international visitors each year. Recently, the marine terminals were expanded as well and Puerto Vallarta’s water treatment plant produces water that meets US clean drinking water standards.

Combine all of this with the fact that Puerto Vallarta’s population is expected to nearly double by 2015, and the limits that the Mexican government places on foreign ownership of coastal properties, and you’ll understand why so many people from all over are anxious to invest in Puerto Vallarta real estate.

You’ll find many opportunities to purchase vacation properties, resort condos, and timeshares here, but you’ll be selling yourself short if you don’t consider the possibility of building a home on excellent residential Puerto Vallarta real estate. You’ll realize a much better gain by building a luxury property than you will by purchasing an existing structure.

If you’re interested in researching investment in Puerto Vallarta real estate, Select Mexico Properties is a great place to start. SMP has about 100 premium coastal residential building sites available for sale right now in the Riviera Nayarit, about 30 minutes north of Puerto Vallarta.