Some of the things you may first think of when you hear of Puerto Vallarta may include tropical beaches, wondrous scenery and rich history. All of these things, while enjoyable, don’t necessarily convert into money in your pocket. Will your soul be fed? Without question. However when investing your money into real estate, one of the first things you should consider is ‘What will my Return on Investment be?’
Here is a multitude of upcoming developments that not only will benefit Puerto Vallarta, but you as well being a new property owner.
With the popularity of Puerto Vallarta on the rise, so are the number of inhabitants. With so much to offer, Puerto Vallarta has grown variably since the early 2000s and is expected to have a population growth of 4.5% in the year 2020. This alone makes your property desirable due to an increase in property value.
Renovations & Reforestation Initiatives
One of the “Green Initiatives” Mexico is partaking in is renovations versus new builds. Due to a large part of the forests being minimized due to builds, money is now being allocated into renovating different resorts in the area. Occidental Nuevo Vallarta, being a Mexican-owned hotel chain, is investing 8 million dollars alone to improve the current resort. Projects like these preserve the area and improve present properties. Reforestation projects such as the San Pancho are also thinking out of the box for ways to continue to limit new builds of structures and roads that may take away trees that house many different aspects of natural life in the area. These efforts further contribute to preserving the beauty that Puerto Vallarta possesses.
Award-Winning Food and Dining
Vallarta Food Tours wins 2019 TripAdvisor Travelers’ Choice Award. Can you say “Bragging rights?”. Not only are the naturescapes picturesque, the art full of aesthetics, the history that is deeply enriched, and now add ‘belly’s full of delight’. Out of a possible 255 prospects, Puerto Vallarta comes out on top with a diverse and delightful tour of local delicacies.
With so many exciting things coming to the area, why not add more direct routes to Puerto Vallarta from several airlines in 2020. PVR Airport has reported they will be expanding in 2020 to increase volume into Puerto Vallarta. Not to mention this will simplify travel routes by eliminating extra travel from another airport and then commuting to the Puerto Vallarta area.
The future looks bright and the prices are hot in Puerto Vallarta, Mexico. With so much upcoming opportunity, the decision becomes easy on whether or not to purchase a property…Or two. We’re here to help you find your new or second home, your best rental options, or your perfect office space in one of the most beautiful locations in the world!
Give us a call today to get started!