WASHINGTON, July 26 /PRNewswire-USNewswire/ -- Experts in celebrating the next chapter in life, AARP The Magazine traveled the globe to discover the ultimate retirement destinations abroad. Factoring climate, expat community, cost of living, housing, health care, access to the U.S. and culture and leisure, September/October issue (www.aarp.org/magazine), available in homes and online today. See what regions in Mexico, France,Panama, Portugal and Italy have to offer
1. MEXICO-Puerto Vallarta
Puerto Vallarta, Mexico is the undisputed number one destination for American retirees. With its rich Indian and Spanish culture, lavish beaches and affordable real-estate, Puerto Vallarta offers the low-cost, laid back lifestyle retirees seek to find in a community.
Some Reasons we love it:
Climate: Winters-sunny, pleasantly warm; summers-rainy, humid hot
Expat Community: Estimated at 50,000 American retirees
Access to the U.S.: Excellent
see Puerto Vallarta real estate listings
Few blocks to the New Marina
• 919 sq. m., 1 bath, 2 bdrm single story - $290,000 USD - reduced 60,000 USD
La Cruz De Huanacaxtle, Nayarit - This house is inthe Heart of the beautiful growing town of La Cruz. Its new Marina and the developments in the area are part of the succes of this quiet and nice mexican town
It has a tremendous potential, great lot to expand its actual house.
The condo is free, you pay for the view
• 2,593 sq. ft., 4 bath, 4 bdrm single story "contemporary " - $850,000 USD - The bay at your feet
Marina Vallarta, Jalisco - This gorgeous view is unique. Can see the cruise ships when they leave at night, ,also the fireworks from all the bay. Not to mention the sunsets.
You have the best place in La Marina Vallarta, close to restaurants, downtown is only 15 min. Also this 4 bedrooms condo is perfect for large families and has a great potencial for rentals.
I want to introduce you to a very interesting new pre-construction opportunity on the beaches of Puerto Vallarta. The Related Group has announced it is developing Icon Vallarta in partnership with YOO by Philippe Starck. The beachside project will feature three 26-story high-rise luxury towers comprised of 336 condominiums with 7 spectacular pool side villas- all fronting the Pacific Ocean and minutes away from historic downtown Vallarta.
I see a lot of projects come and go in Vallarta, but this one stands out for several reasons:
- A well known and experienced developer
- A revolutionary and world renowned designer
- Sophisticated architectural design by Arquitectonica
- A fantastic beach side location
- Hotel inspired amenities
Prices are expected to begin from the low $200,000’s. I think its worth looking at...
Contact your Realty Executives Agent
for more information
Alaska Airlines and Horizon Air will join forces to turn Seattle Tacoma International Airport into the "Airport of the Future".
The carriers will invest $18 million in the project, which is designed to simplify check-in, cut back on waiting times, and reduce passenger queues. First trialled in 2004, the concept is set to become a reality by the end of this year.
"With Airport of the Future, we're removing the traditional barrier between the customer and where he or she wants to go, allowing our passengers to get from curbside to planeside in record time," said Ed White, Vice-President of Real Estate at Alaska Airlines.
Traditional check-in desks in the area shared by Alaska and Horizon will make way for 50 Instant Travel Machine kiosks, at which passengers can print their own tickets.
Fliers with only hand luggage can then proceed to security, or deposit luggage at one of 54 manned bag-check points.
The system reduced congestion by half in 2004 when introduced on a smaller scale at Ted Stevens International in Anchorage, Alaska, and has been seen in different incarnations at airports in Los Angeles; Puerto Vallarta, Mexico; and Boise, Idaho.
"This design has been especially convenient for the growing number of our customers who check in online," White noted.
Together, Alaska and Horizon carry almost half of the passengers who travel through Seattle-Tacoma, transporting on average 26,000 fliers per day.
© Adfero Ltd
Casa Flamingos 126
• 5 bath, 4 bdrm 1 1/2 story - MLS® #Casa Flamingos $465,000 USD
Marina Vallarta, Puerto Vallarta - Sale Ref: Casa Flamingos 126
Location: Marina Vallarta
Listing Price: $465,000
Baths: 4 1/2
Special Amenities: Pool, Fully Furnished
Embracing stunning views of Punta Mita
• commercial - MLS® #1082 $9,200,000 USD
Nuevo Vallarta, Jalisco - Great opportunity for investors with a clear strategy to make their money grow. This land features a very carefully planned infrastructure located right off the main entrance to the fast growing Nuevo Vallarta Tourist area. This site is perfect for commercial applications such as a shopping center, hotel, school, university or multiple dwellings. Businessmen,this is your opportunity to own the pinnacle of success!
Few things are more romantic than spending time with your loved one amid the stunning backdrop of an exotic beachfront location. This is what makes Puerto Vallarta so special to thousands of people who travel there looking to put the spark back in their relationships. The Puerto Vallarta real estate scene is great if you are looking for the perfect vacation property to rent so that you can enjoy the company of your significant other in private.
There are many options to choose from including luxury homes, villas, condos, and other vacation homes that can provide you with the opportunity to take a romantic vacation that remains in your memory as one of your best vacations long after you leave the beach behind. Vacation homes in Mexico range in size from small to absolutely enormous.
You’ll have a wide range of choices to fit whatever you’re looking for in a Puerto Vallarta real estate property. No matter what kinds of activities you want to pursue while you’re vacationing, the Puerto Vallarta real estate market is sure to have something to offer that’s within your price range and still offers all of the comforts and conveniences you need to have a relaxing and wonderful vacation experience.
Planning a romantic vacation is different than planning a family vacation or a business trip. You need to think about the time you’re going to spend with your partner and what you need to do to make it as special as possible. The amenities you choose for your Puerto Vallarta beachfront property will also be different.
Instead of worrying about play areas for the kids and being located near some of the major children’s activities, you’ll be more worried about choosing a property that lets you spend quality time with your partner. You may want to splurge on a property that has a whirlpool or a Jacuzzi available so you can both relax together and soak away your sore muscles after a long day of sightseeing and shopping. You may want a great outdoor area so you can sit outside and look at the stars together at the end of a long day.
No matter what you are looking for to share with your loved one, there is sure to be a Puerto Vallarta beachfront property that helps you to have the perfect romantic vacation. All you need to do is figure out what you’re looking for and start searching for the perfect piece of Puerto Vallarta real estate.
Your beachfront condo in Puerto Vallarta is within your reach. Contact Tom Budniak for insight into this booming market.
Check out the listings of Puerto Vallarta Beachfront Condos, plan correctly to Finance Puerto Vallarta condos and homes, and plan for a beautiful future today.
Tom Budniak operates, owns, and manages Realty Executives Vallarta here in Puerto Vallarta, Mexico. Tom's office is considered by many in the industry to be the top office in Puerto Vallarta. Tom, from Realty Executives Vallarta and Mexican Caribbean is a Certified Member of RMRE and MLS 4 Riviera Maya. Check out all of the resources available through Tom and Realty Executives Vallarta.
The Puerto Vallarta real estate market is an exciting one, due to the number of opportunities for recreation available and the beauty of the nearby beaches and resorts. Finding the perfect beachfront property in Puerto Vallarta can make your dreams of owning a home in this beautiful resort community come true. If you’re looking for a property, you can find a number of options, including condos and villas, which meet the needs of your family and also allow you to choose some conveniences that will make your life easier. These Puerto Vallarta real estate options make it a positive experience to look for a property instead of a negative one. Many other markets have many properties that don’t meet your needs or have nothing to offer in terms of recreation and value, but Puerto Vallarta has many properties that are sure to meet your needs and bring you satisfaction with your choice. Before you purchase a property, it is important that you consider both internal and external factors that will help you make your choice. If you pay attention to these factors, you’ll be able to make a better decision.
Internal factors include those that can be found in and around the actual property. The number of bedrooms and bathrooms, amount of outdoor space, included appliances, and additional amenities are all internal factors that need to be considered before you buy a property. You’re not going to be happy in a place that doesn’t have enough bedrooms for your family or enough outdoor space for your children. If you define what you’re looking for before you start viewing properties, you’ll save time and have a better chance of making your decision within a reasonable timeframe. External factors can include nearby child care facilities, restaurants, sports facilities, recreational parks, and other conveniences that make life in a specific neighborhood as happy as possible. If you need a place for your children to spend time or you’d like to be near the beach, let your realtor know so that he or she can come up with a list of potential properties that matches your needs. Choosing a property that doesn’t have what you want nearby is a sure way to be unhappy with your choice. Make the smart choice and list all of the details you want in a property before consulting with a Mexico realtor. This will make Puerto Vallarta homebuying a more enjoyable experience with a long-lasting positive outcome.
Check out the new Construction on Puerto Vallarta Beachfront Condos, plan correctly to Finance Puerto Vallarta Condos and homes, and see listings of Puerto Vallarta Homes. You can plan for the future today at http://www.puertovallartabestrealestate.com
Tom Budniak operates, owns, and manages Realty Executives Mexican Caribbean here in the Playa del Carmen. His office is considered by many in the industry to be the top office in the Playa del Carmen. Tom, from Realty Executives Mexican Caribbean is a Certified Member of RMRE and MLS 4 Riviera Maya. Check out the city and email at Tom.RealtyExecutives@gmail.com, or visit http://www.puertovallartabestrealestate.com to see beautiful condos and homes listed.
The growth of the Vallarta real estate market continues to be very strong, with sales tripling for the local real estate association’s MLS (Multiple Listing Service) and doubling for developers compared to the 2003-2004 season. This type of growth is unprecedented for Puerto Vallarta and their doesn’t seem to be an end in sight. If anything, as many realtors and developers state, there are strong reasons to believe it’s here for awhile. “This is just the beginning of something really big. We haven’t even got going yet,”
In 2004 there were an estimated $300 million USD in new construction sales and nearly $100 million USD in sales for the MLS service. That total of $400 million is destined to be surpassed in 2005, with $250 million in sales already registered by developers and realtors as of the beginning of June. Roughly two-thirds of this new development is condominiums. Larger projects of 150 or more units are being built around the bay, with smaller boutique projects scheduled for the South Shore as space and availability allow.
Strong demand has created a weak supply of both homes and condominiums in the $300,000 - $400,000 USD price range. Most condominium developments’ starting point for view properties is now at or above $400,000. The increase has been driven by a demand for larger units and better quality construction and finishing. Units with more than 3,000 sq. ft. are now common, whereas 10 years ago it was a 1,500 sq. ft. cookie-cutter, two-bedroom standard unit. Buyers now expect full ensuites, Sub-Zero appliances, marble flooring, a third bedroom and perhaps a TV/study, as well.
Although the strong Mexican economy has created a market for national buyers once again, the buying that is taking place is predominantly by Americans, especially on the North Shore, Nuevo Vallarta and along the hillsides of the South Shore. The new condominium towers in Marina Vallarta and now in the Hotel Zone, however, are the preferred real estate choice for the national market.
Across the board, most realtors say the buyers they are working with today are more sophisticated, less intimidated by the trust/purchase system and ready to make a buying decision quickly. Today’s buyers come into the office with a good understanding of the market, so less time has to be spent explaining how purchasing real estate in Mexico takes place. They have a lot of confidence in the Puerto Vallarta real estate market and are ready to make a buying decision.
Why is the market so strong?
There are many reasons the market is so strong. It can be attributed to hurricanes in Florida and tsunamis in Indonesia. The 9/11 disaster is partly responsible for making people think about their future, about having a vacation home somewhere warm, where they could drive back home if need be. The burst of the Internet bubble and crash of the stock markets have people looking for alternative investments. The size of the US debt, social security issues and an out-of-control trade balance have people concerned about their financial future.
In Mexico the economy is surprisingly robust. The budget deficit has been reduced each of the past four years, and a balanced budget is expected in 2006. Economic growth is well on track, expected to exceed 3.88%, and inflation should drop below 4%. So far this year, the peso has proven itself to be stronger than the US dollar.
Why Puerto Vallarta? The variety of real estate available by price, type, area and location make Vallarta very desirable when compared to other destinations, such as Los Cabos and Cancun. But the primary reason is the people. Carl Timothy of Timothy Fuller & Associates explained this very well, “When you are in large cities, such as Los Angeles or New York, you feel that people just want something from you, the people are takers. In Puerto Vallarta it’s the opposite; the people are giving, and you can feel that throughout the community.” Therefore, it is primarily the people of Puerto Vallarta that make it such a wonderful destination for tourists and second-home buyers.
Today, December 11, 2006, 7 hours ago
Puerto Vallarta (Gringo Gulch - Puerto Vallarta, Jalisco, MX)Details
This special home with original architectural features
is now on the market!
A treat awaits you in Gringo Gulch.
This light and airy villa gives you view of the famous Guadalupe Cathedral crown, and a panorama of the entire bay. What more could you ask for? In the back garden, tall bamboo offers shade and protection. Add a swimming pool, if you like. Casa Marguerite has 2 bedrooms on separate levels, a study and 2.5 baths. There is room for an additional bedroom or sun room on the first floor. Convenient in-town living. Call for appointment.
IDX Cochran Real Estate
Monday, November 13, 2006, 2:54:00 AM
Buserias (Bucerias - Bucerias, Nayarit, MX)Details
Beautiful 3 Bds, 3 Bth, beach front at EL Vento condominiums, assigned parking, and common swimming pool…Excellent finishing, granite counter tops, marble floors, A/C, pvc doors and breath taking views. Must see!!!
Friday, November 03, 2006, 10:40:00 AM
Nuevo Vallarta (Nuevo Vallarta - Nuevo Vallarta, Nayarit, MX)Details
One of a kind Villa in Nuevo Vallarta. Small complex of only 10 Villas on the canal. Lots of extras, dishwasher, A/C mini splits, celling fans, a bathroom in each bedroom and many more. High qualitly finishings. Common swimming area with wonderful palapa. Walk to the beach.
Lotsize: 1,464 sq.ft.
Livingsize: 1,722 sq.ft.
View: N.V. Hotels
Maintenance: $ 230 USD
MLS Vallarta Bay Realty
LA JOLLA, Calif. -- The new political administration in Mexico is committed to continuing the flow of foreign investment into the country - including the promotion of second homes and retirement residences - and United States mortgage lenders have taken the message to market.
GMAC International Mortgage this week announced it had rolled out a 30-year, fixed-rate mortgage for Americans buying property in Mexico in addition to a "stated income" or limited documentation option for a slightly higher interest rate. Both components also are available to borrowers for "cash-back" refinances, allowing customers to pull out up to 50 percent of the cash value of their primary residence or second home in Mexico. The cash-back ratio will increase to 70 percent in January, according to Dan Bryant, director of GMAC International Mortgage.
GMAC is the first national lender to introduce a 30-year, fixed-rate product south of the border. The news was the most significant announcement made at the annual Mexico Resort Development Conference, attended by more than 300 major developers, builders, lenders and investors targeting real estate in Mexico.
Dr. Jorge Castaneda, Secretary of Foreign Affairs under former president Vicente Fox, said president-elect Felipe Calderon targeted tourism in his political platform and will follow through with those initiatives during his six-year term in office. Calderon has retained critical figures, including Carlos Gutierrez, the national housing director or Comisonda Nacional de Vivenda
Miguel Gomez-Mont, a developer and popular tourism proponent whose father has been active in Mexican politics for years, moves in as executive director of FONATUR, the tourism development agency of Mexico, replacing John McCarthy.
"A lot of the positives will continue and Americans who are looking to buy south of the border will not experience any change,?? said Bruce Greenberg, a Tucson, Arizona?based appraiser, who has offices in San Jose del Cabo and Hermosillo.
The appointments come as a positive message to North American builders, developers and lenders who have brought to market thousands of homes, hotels and fractional units the past six years. The major players foresee this significant momentum as a long-term trend especially as the enormous baby boom generation ages and considers its retirement options.
GMAC now offers a 30-year fixed-rate mortgage at approximately 8.75 percent; a 20-year mortgage at 8.5 percent, and a six-month adjustable-rate mortgage tied to the LIBOR (London Interbank Offered Rate) at approximately 8 percent. Other North American lenders - including Collateral International, GE Money, Wachovia, M & I, Textron, IMI, Johnson Capital and CS Mortgage - are expected to tweak their programs to offer 30-year fixed-rate loans with cash-back components. Countrywide also is rumored to be gearing up a Mexican loan package.
Interest rates on Mexican loans are higher than those in the U.S. because there has been no competition in the secondary mortgage markets or with Wall Street capital markets to purchase the loans as securitized assets. Once the loans become more attractive and marketable to investors, interest rates will drop, according to financial analysts.
"Our real competition is the U.S. mortgage markets," Bryant said. "When they need funds, borrowers can often get a home equity loan with a lower interest rate on their home in the States. But if they don?t have that equity in their U.S. home, they are finding that their Mexican home often has appreciated and can look to those funds via refinance."
The ability for Americans to tap into the equity of their Mexican homes and take the cash back to the U.S. for investment is absolutely new ? and arrived sooner than expected. Greenberg, who has made more than 600 professional appraisals in Mexico in the past decade, said he recently was asked to appraise eight condominiums in Puerto Penasco, commonly known as Rocky Point, a popular beach area for Arizonans at the northern point of the Sea of Cortez. The units, priced at $300,000 four years ago, now are hovering in the $450,000 range.
"It was interesting because only two of the eight condos were for purchase by new buyers," Greenberg said. "The six others wanted to refinance their units to help offset the cost of housing in the U.S. Most of these people had their U.S. loans adjust higher and they wanted to put more cash down. That was first ? it usually is the other way around."
Recently, the government of Mexico implemented new appraisal standards including an updated manual on valuation methodology, the requirement of Errors and Omissions Insurance coverage, and the retention of records for their registered appraisers. The new appraisal law in Mexico also lays out the penalties for noncompliance and has made a huge difference for international lenders.
Condo For Rent with Beautiful Ocean View!!!!
2 bedroom Beach Front Condo on the exclusive Punta Negra Nighborhood with fantastic vIew of the Ocean , Beach and Jungle.
Completly Furnished and just 10 minutes from Vallarta downtown.
We have a maid service inluded . If you want a chef , please let us know!
Es un condo de dos recamaras, frente al mar en la bella y exclusivo zona de Punta Negra, costa sur, con vistas fantasticas del mar, el cielo, la playa y la jungla. El agua esta totalmente clara y deliciosa. Esta completamente equipada y a solo 10 minutos del centro de Vallarta con sus restaurantes (gourmet) y sus tiendas (chic). Servicio de recamarista esta incluido y si quieres una cocinera y/o nana, dejanos saber de antemano por favor. Se van a enamorar de este lugar. Nos vemos en la playa! Llamenos al 1-800-471-0608 ext. 2 para reservaciones.