Prominent real estate investors have stopped looking inside the United States for investment-quality real estate deals. Instead, market gurus like Sam Zell are looking in the Mexico real estate market for properties with real money-making potential. The Mexico real estate market is on fire these days because there are so many exciting things happening in the Mexico economy, especially in the “tourist cities.”

The Federal government is making massive investments in infrastructure in an effort to diversify the Mexican economy and establish it as an economic power in Latin America. Mexico is trying to become a worldwide trading power. To do that, Mexico must build new infrastructure, replace existing infrastructure and tap into new worldwide markets.

As part of its plan to finance this effort, Mexico is trying to increase the number of tourist dollars it takes in and is also trying to attract retirees from the US, Canada, Europe and Asia with its low cost of living and high quality of life.

These infrastructure investments – new interstate highways, bridges and tunnels; airports and marine terminals; universities; water treatment facilities that will deliver clean drinking water to 95% of the country’s population; and telecommunications and data infrastructure combined with federal policies that encourage foreign investment in Mexico are pushing interest in Mexico real estate and driving its price up. “Fly-in” areas that are easily accessible by airport – like Puerto Vallarta – are in especially high demand.

If you plan to take advantage of the double-digit growth in residential real estate in Puerto Vallarta, you’ll want to be sure to choose the best possible investment property because the old real estate maxim still applies: location, location, location! Few places in Mexico can offer you everything that Puerto Vallarta does and investors in Puerto Vallarta real estate will be well positioned to take advantage of the coming changes here.

Photo Credit: Josh Klute