Bozeman, montana's
Featured Real Estate Agent
INVEST IN A VACATION HOME
Invest in Yourself
As a rule of thumb, property values in Mexico tend to increase year after
year, particularly in popular cities and coastal areas. As with all
property, the relative value of land comes down to one simple factor:
location. With more baby boomers look to retire and as more people from the
United States seeking out investment opportunities in vacation destinations
close to home, property values are expected to rise in the coming decade,
especially true in the carefully-chosen locations.
According to several sources, the continued development and investment in
places like Puerto Vallarta has had the effect of increasing property values
by 7% - 10% annually with as much as 20% or more in the most coveted
communities. The annual inflation rate in Mexico hovers at about 4% and is
coupled with the robust growth of the Mexican economy (at a rate of
approximately 3.8% annually). These numbers are compelling and hint at the
remarkable investment opportunities waiting for potential investors in
Mexican real estate. Here is a sample figure to help calculate the value of
second home ownership over inflation: A home purchased in Mexico for
$250,000 today, with an annual increase in property value of 8.5%, would
have a value of $565,246 in 10 years and $1,278,011 in 20 years.
For more information contact Luci at 406-522.0622x101
Luci Edwards
REALTORR CIPS
River Realty, LLC
Off:(406) 522-0622
Cell:(406) 579-5013
www.forsalebozeman.com