That’s right! You could ring in 2009 on Banderas Bay. Building a Puerto Vallarta luxury home doesn’t take as much time as you think. The process of buying real estate, designing and building your home could indeed still happen for you in 2008.

The key to this rapid building process is to locate an experienced developer who can help you assemble the team you’ll need to get your home built fast. You may need help with the financing and legal aspects of buying land and building a Puerto Vallarta luxury home. As a foreign owner, you’ll need to establish a fideicomiso to effect the land sale and get the title.

You’ll also need expert Puerto Vallarta real estate assistance when it comes to designing, engineering and constructing your Puerto Vallarta home. A coordinated process will eliminate a lot of wasted time, and will also provide consistent oversight for your building project. You can expect this phase to be complete within four to six weeks.

High quality construction can be completed in just four to six months, depending upon the complexity of your designs and the materials you choose. Materials imported from elsewhere may extend your construction timelines and increase your costs, but may also increase the enjoyability and uniqueness of your Puerto Vallarta luxury home.

Imagine enjoying a beautiful sunset over the Pacific Ocean from your new Puerto Vallarta luxury home. Act now to start 2009 off right!

If you’ve been reading the blog here, you know that I’ve been touting the value of Puerto Vallarta property. I’ve said that real estate here has appreciated at a rate of 10 percent per year for the past ten years. That amounts to a phenomenal growth rate, and given the conditions of other real estate markets, it sounds almost too good to be true.

It’s not! Take a look at the multi-list service in Puerto Vallarta for homes in this area. See what a Puerto Vallarta luxury home sells for in this region. You can buy an improved property, but you won’t get nearly the bang for your buck that you’ll get if you buy a parcel of land and build a home on it. In this case, it’s much cheaper to build than buy, and once you’re done building, you’ll be amazed at the valuation.

I have to tell you, however, that the best Puerto Vallarta property isn’t available through a real estate agent. You won’t find these sites listed anywhere on the MLS. Bar none, the best luxury residential building sites are available directly through Select Mexico Properties. When it comes to these sites, there’s no middleman to deal with. In addition to reducing the costs for both buyer and seller, buyers will get the benefit of having the most experienced, professional residential design and engineering staffs at their disposal.

Building a hillside home in Puerto Vallarta requires the highest quality architects, engineers and construction specialists. Select Mexico Properties can provide its buyers with a solid design, engineering and construction package that will be less expensive than locating professional assistance separately and will bring exceptional value to the process of building a luxury Puerto Vallarta property.

Real estate in Mexico is hot right now; there’s no doubt about that. US real estate agencies are setting up offices in the prime tourist sites to promote vacation, second home and retirement properties. Given that the first of the baby boomers are entering retirement right now, these branch offices are here to stay.

A growing trend among those buyers not-yet-retired is the construction of a Puerto Vallarta luxury home as an investment property. Investors are taking advantage the low property costs and low construction costs to build a beautiful Puerto Vallarta luxury home. They may only stay in the home one or two weeks per year, and rent the property out to tourists and part-time residents for the remainder of the year.

In Puerto Vallarta, it’s economical to hire a small staff to take care of the property. You can make the Puerto Vallarta luxury home experience complete for your guests by providing meal, laundry and housekeeping services on the premises. You can also hire groundskeepers to care for the outside of the property.

If the location of the property is desirable, and the amenities in the home are attractive, the owner of the Puerto Vallarta luxury home can easily command hundreds, or even thousands of dollars per day. When the low cost of constructing the home is taken into consideration, a Puerto Vallarta luxury home could pay for itself in a matter of a few years.

As the owner of the Puerto Vallarta luxury home, you can either convert the home to a private residence when you’re ready to retire, or you can sell the home and bank the proceeds. Currently, Puerto Vallarta property values are growing at a double digit pace, and have been for the last several years.

A Puerto Vallarta luxury home makes sense for investors in many different situations, but one thing is certain: the appreciation you’ll see in the value of your Puerto Vallarta luxury home – whether it’s an income property or not – will make it one of the best investments of your life.