Mexico Real Estate

Mexico’s resort real estate market has increased significantly in the last few years, driven by aging Baby Boomers, a temperate climate and easy accessibility to major US cities. And it is expected that Mexico’s real estate market will only continue to grow as more Boomers decide to retire or semi-retire.

There is currently over US$10 billion in real estate inventory in resort destinations in Mexico, in places such as Cancun, Los Cabos, Puerto Vallarta, Loreto and Acapulco, with the largest market currently Puerto Vallarta with more than US$1 billion in properties currently for sale. Most of this is new product with beachfront condominiums leading the way.

Puerto Vallarta is a unique resort destination in Mexico in that it offers more varieties of real estate than any other destination, both for price range and for location. Prices for condominiums start as low as US$100,000 and go as high as nearly US$ 2 million. And for variety, buyers can choose from having their home on the ocean, in a marina, along water channels, a river or golf course fairways, high on a hillside, in the city or outside of town in the jungle with plenty of privacy. Puerto Vallarta really has more to offer than any other resort destination in Mexico when it comes to real estate options.