Property for Sale in Mexico Hotspot

Published on 05 June 2006 at 12:50 pm
Filed in Property News for Mexico   »   Property for Sale in Mexico Hotspot

Property for Sale in Mexico Hotspot

Mexico has long been popular with North American snowbirds seeking an annual escape to sunnier climes; but in recent years as Mexico has stabilized politically, socially and economically it has emerged as a desirable location for international property investors seeking strong capital appreciation and decent rental yields, and as an attractive destination for retirees and those in search of an affordable life in the sun.

Property for sale in Mexico in the most popular Pacific Coastal resorts and regions such as Los Cabos, Ixtapa, Puerto Vallarta and Mazatlan have been going up in price dramatically, but now a brand new property for sale in Mexico hotspot has emerged and it is likely to become the latest focus for property investors seeking strong medium term gains and excellent long term yields…Amberlamb focuses on Manzanillo.

Manzanillo is in the state of Colima on the Pacific Coast in central western Mexico and was long overlooked by holidaymakers and outsiders because Northern Americans and Europeans were under the misapprehension that the area was inaccessible and undesirable in the summer season when parts of Mexico encounter hurricanes and extreme downpours – but the truth of the matter is that this part of Mexico has always been popular with local holiday makers in the know because it actually avoids the extremes of weather and has mile upon mile of stunning coastline!  Finally the rest of the world is awakening to the beauty and potential of Manzanillo!

Manzanillo is the latest property hotspot in emerging Mexico for investors and it is receiving an intensification of interest from retirees and those seeking a second home overseas as it has rightfully gained the reputation for being the safest city in Mexico.  Not only is it the safest city in Mexico but it is now receiving some of the highest levels of foreign direct investment of all of Mexico’s main cities… Manzanillo has expanded its port facilities and is now the largest port in Mexico, it has a new cruise ship terminal, it has benefited from a complete revamp of the downtown area, the local airport has been upgraded making the whole area more accessible nationally and internationally, and the local infrastructure is receiving intense investment.  Furthermore the local beaches are being resorted to their natural pristine perfection and prices for property for sale in this Mexican hotspot of Manzanillo have risen in value by as much as 30% in 2 short years.

Despite this fact it is still possible to find a decent home for sale a short distance for the beach for around USD 100,000 but now a whole new class of property in Mexico is under development as a series of international investors who have raised finance in America and Europe from the likes of the real estate investment banking arm of CB Richard Ellis are developing state of the art, world class resorts and homes in Manzanillo, gated retirement communities as well as five star hotels and facilities to service the cruise liners that Manzanillo’s new cruise ship terminal is about to welcome suggesting that property for sale in this Mexican hotspot is about to increase in both value and desirability…watch this space!

Special Reports: Property News for Mexico

Mexico Purchase Process for Real Estate
To successfully purchase investment real estate in Mexico an investor requires patience, time and the assistance of a good lawyer

Mexico Guide for Real Estate Investors
Real estate prices in Mexico are increasing consistently but there remains massive potential for growth for international property investors.

Mexico Real Estate Investment Guide
Real estate in Mexico offers an investor potentially high gains and high rental yields in a safe emerging environment.