Coaching Services

Real Estate Investment Made Easy

Weblogs

Features

Search


News/Information

Calendar

October 2008
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031  

Archives

Standards

  1. XML-Sitemap
  2. Valid XHTML 1.0 Strict
  3. Valid CSS
  4. Valid RSS
RSS Applied

Coaching Services Blog

Bookmark Subscribe

Women Hold Sway In Luxury Real Estate Market

Women Hold Sway In Luxury Real Estate MarketThe luxury real estate market is finding out what many other sectors have known for a long time: women have a profound effect on the purchase decision. According to a new study done by the Luxury Institute, women make almost two-thirds of all purchase decisions in households with incomes above $150,000. The study determined that 22% of married women make all household investment decisions alone and two-thirds of married women make investment decisions jointly with their husbands. Women also make real estate purchase decisions solo in 31% of households.

The role of women in major purchase decisions can’t be underestimated, in both the building phase for luxury real estate and in the selling phase, when potential buyers will be examining investment properties carefully. The importance of an excellent design, that is both visually appealing and highly functional cannot be overstated.

If you’re considering the construction of a luxury home as a speculative investment, you’ll want to pay special attention to details and amenities that will appeal to women. Floor plans, special attention to design and function in the kitchen, dining area and entertaining spaces will be of the utmost importance. Windows should capture the best possible views in the signature rooms in the home where guests are most likely to congregate.

Select Mexico Properties offers impeccable design, engineering and construction services in addition to property sales. These professional packages can speed you through the process of designing a home and securing all of the proper municipal permits. Additionally, construction on a luxury home can be completed in four to six months – often much sooner than other contractors can complete the work.

With a luxury home designed and built by Select Mexico Properties, and located on the perfect hillside building site, the investment potential of such a home is sure to skyrocket as demand for luxury properties in Puerto Vallarta escalates.

Photo Credit: Kathryn McCallum

Relevant Tags:, , ,
Posted in Real Estate Trends
BookmarkSubscribe

Millionaires Not So Confident In Their Investments And The Economy

Millionaires Not So Confident In Their Investments And The EconomyAccording to a new survey by the Spectrum Group, individuals classified as millionaires are growing more pessimistic about the economy and less confident in investments than their “affluent” counterparts. The Spectrum Group identifies “affluent” respondents as those with more than $500,000 in investable assets.

Among the findings of the survey, affluent investors were most concerned about stock market conditions, the economy, retirement, housing and real estate, cash flow, income and job security. A higher percentage of millionaires cited concerns about the condition of the stock market, retirement, and housing and real estate. This marks the first time that millionaire respondents were more concerned about the economy than affluent investors.

One bright spot in the way of investments is the annual double-digit gain that investors can realize in the purchase of Puerto Vallarta real estate. Unlike the major US real estate markets, the gains in Puerto Vallarta real estate remain strong, as does the appreciation. This condition has persisted for about ten years, and shows no signs of stopping, or even slowing down.

As the population in the US changes, certain constituent groups will be looking for stable, productive investments that can supercharge a portfolio of holdings or support the short- or long-term goals of the individual investor. When people are not confident in their investments, they naturally look to purchases that will stabilize their portfolio and minimize their losses. In the case of Puerto Vallarta real estate, they can accomplish these goals and experience significant growth at the same time.

Few investments – especially in real estate – are as productive and desirable as luxury real estate in Puerto Vallarta. The value of the investment isn’t going to go down. Puerto Vallarta has been a recognized tourist destination for 160 years, although ships have anchored in the friendly and calm Banderas Bay for hundreds of years. The attractiveness of Puerto Vallarta to world travelers isn’t going to diminish. In fact, Puerto Vallarta has built a new airport terminal in anticipation of several hundred thousand more visitors each year.

The market conditions in Puerto Vallarta are such that land located outside the city with a high return potential is being sold right now to individual investors. A few parcels are being offered right now by Select Mexico Properties. The company also offers, design, engineering, and construction support.

Photo Credit: Steve Woods

Relevant Tags:, , ,
Posted in Real Estate Tips
BookmarkSubscribe

Be Choosy When Buying Puerto Vallarta Real Estate

Be Choosy When Buying Puerto Vallarta Real EstatePuerto Vallarta has been named one of the five best real estate markets in Mexico. If you’ve ever been to Puerto Vallarta, you’ll know why. The area is beautiful, the cost of being here is low, and the people are among the friendliest in the world. As an investment, the ROI potential for Puerto Vallarta real estate is high.

Many developers are building high-rise condominiums here. Beachfront resort properties are selling at a premium, and people are privately speculating that Puerto Vallarta is being overbuilt.

That’s all good news for investors who want to look at high-quality Puerto Vallarta real estate outside the city limits. Beyond where the tourist developments are being built lies choice real estate, which is ideal for building a luxury home. Whether you intend to live in it or use it as an investment, nothing can beat ocean-view properties.

Mexican law actually drives up the value of ocean-view properties. In Mexico, foreign ownership of coastal properties is limited, so those parcels are very much in demand. Tourists tend to stay concentrated in the city, so if you’re looking for a relaxing retirement home, pass on the condos and take a look at properties north of the city.

You won’t find a better location to build. There’s also a move on to restrict tourist expansion in these areas, so you don’t have to share your private retreat with out-of-towners.

Aside from the luxury benefits of owning a home north of the city, you’ll also find that they provide superior ROI to properties for sale in the city. And by building a home, you can take advantage of some spectacular appreciation on your improvements.

The Puerto Vallarta real estate market didn’t become one of the top five markets in Mexico by accident, and the time to invest in luxury real estate in Puerto Vallarta is here!

Relevant Tags:, , ,
Posted in Real Estate Tips
BookmarkSubscribe