Thursday, May 08, 2008

Top 5 Mexican Real Estate Markets

NuWire picks the top cinco places to invest in Mexican real estate

As Americans struggle with the rising cost of living and a suffering housing market, investing in Mexican real estate is beginning to look muy bueno. Property prices in Mexico are significantly more affordable than in the U.S., and the forthcoming retirement of the baby boomer population is likely to create huge demand for property markets offering the pleasant climate, glittering beaches and rich cultural traditions for which Mexico is famous.

Because finding the right place for investment can be equally challenging, NuWire has selected five Mexican real estate markets that show potential for growth and appreciation.

Real estate markets were selected based on factors such as affordability, proximity to the U.S., strength of the local economy, natural and cultural attractions, development of regional infrastructure, tourism activity and overall appeal as a potential retirement and expatriate destination.

1. Loreto, Baja California Sur
2. Merida, Yucatan
3. Guadalajara, Jalisco
4. Puerto Vallarta, Jalisco
5. Oaxaca, Oaxaca

To read more click here.

Published on: Monday, May 05, 2008
Written by: Melana Yanos