“For real estate fantasists, nothing beats an empty stretch of beachfront. Just add house. It’s been an excellent investment; Mexico is very pro-foreign investment right now.” – Forbes.com
"The gringos are moving where the living is easy... They move south not so much in pursuit of the sun, which they could find just as easily in Florida or Arizona, but in a search for a cheaper way of life" – The Economist
"People in the U.S. can't afford oceanfront property anymore," Trump said. “The change in Mexico's real-estate climate is drawing U.S. developers, including Donald Trump, to build communities on the Baja peninsula”. – Bloomberg/CNN
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“Boarder Invaders: Over the last decade, the U.S. State Department estimates that the number of Americans living in Mexico has soared from over 200,000 to 1 million (or one-quarter of all expatriates). – zNet.com
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"When Mexico recently firmed up laws for foreigners to own land through bank trusts, the floodgates opened... A beachfront lot 30 miles up the coast in southern California would cost you several million dollars. South of the border, a spot on the beach can cost you less than $100,000.” – CBS Evening News
“The land rush is occurring at the beginning of a demographic tidal wave. With more than 70 million American baby boomers expected to retire in the next two decades… some experts predict a vast migration to warmer - and cheaper - climates. Often such buyers purchase a property 10 to 15 years before retirement…” – The Wall Street Journal
“This is a great innovation for investing in Mexico, and in no way diminishes your future financial security, or the future assets of your family: your IRA-funded Mexican properties are your assets, and may very well appreciate faster than overly conservative IRA investments or property holdings in the United States.” – Mexico Insider, 4/2007
“Shrewd baby-boomers are not simply feathering nests for eventual retirement, but also increasingly speculating in Mexican resort property, sending up property values…” – zNet.com
“Neither the cooling American housing market nor the tense Mexican presidential politics so far have stemmed the influx of foreign dollars into Mexico’s booming coastal resort areas, government and real estate officials said. Foreign investment into Mexico is on track to hit $20 BILLION this year, up from $17.6 billion in 2005, according to the government.” – Los Angeles Times
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Fitch Ratings upgrades sovereign market sector Mexico, from a ‘BBB+’ to an ‘A-’, this comes after the elections in 2006 were held. – Fitch Ratings Ltd.
“In 1995, the U.S. agreed to prevent the collapse of Mexico’s private banks. In return, the U.S. won virtual veto power over much of Mexico’s economic policy. – Infoplease.com, US State Dept., World Factbook, Center for International Research, US Bureau of the Census…
“In Feb., 1995, Mexico reached agreement with the United States on a $12.5 billion rescue plan, which provided U.S. funds, to shore up Mexican banks while requiring Mexico to adopt stringent austerity measures and giving the United States a significant say in Mexican economic policies. Mexico was subsequently able to refinance the debt privately at a lower rate, and much of the loan was paid back in 1996, more than three years ahead of schedule.” – New York Times, World May 2007
“Next to oil, the most important source of exports are the industrial assembly plants (maquiladoras) that dot Mexico's border towns. The economic importance of the maquiladoras, however, is exceeded by tourism.” – New York Times, World May 2007
“Contrary to what you probably have been told by your broker or banker, you can own real estate in your IRA, including non-U.S. real estate… You can purchase an option on the real estate or you can buy outright using a land trust, L.L.C., or similar entity. His methods for accomplishing this transition have been reviewed and approved by some of the top ERISA (Employee Retirement Income Security Act of 19740) attorneys in the country.” – Larry C. Grossman, CFP, CIMA
“Retire to the land of peasant uprisings and economic chaos? Americans are finding the reality behind the media image to be tremendously appealing; the weather's great, the people are warm and a devalued peso makes them instantly richer.” – U.S. News and World Report
“Standard & Poors raised Mexico’s long-term foreign currency rating as well as the long-term and short-term local currency ratings: Long-term from ‘BBB-’ to ‘BBB’ and Long-term and Short-term local currency credit ratings to single ‘A’ and ‘A-1’ from single ‘A-’and ‘A-2’. – SHCP, Ministry of Finance and Public Credit
“Moody’s Investor Service, a New York based credit ratings firm, boosted Mexico’s rating to “investment grade,” allowing the country and its companies to obtain financing at reduced rates of interest. - Gale Group / Freedom Magazines, Inc.
“Mexican securities have been given investment-grade ratings by three major credit-rating firms. Since the pesos crisis, Mexico has reduced its debt-load, trimmed its budget deficit, brought down inflation in check and stabilized the peso, lifting its country’s debt ratings back to investment grade…it shows how far Mexico has advanced.’ – Los Angeles Times
“US REITs don’t have to go as far as the Pacific Rim or Central Europe to find ‘overseas’ opportunities. Canada and Mexico are more than geopolitical neighbors and NAFTA partners; they’re prime hunting grounds for REITs looking for returns outside this country.” – www.nareit.com
“Yahoo Inc.’s former chairman and founding CEO, Tim Koogle, is partly focusing these days south of the border real estate. …is selling 100 acres of oceanfront land he has recently purchase north of Puerto Vallarta two years ago. – The Wall Street Journal / CNN
“Costa Alegre Vibrates: As the trend of residential resort home ownership keeps evolving, so do the lush environs of Mexico’s Pacific Coast. The area has always attracted a glamorous Hollywood crowd, now it is enjoying a renewed attention. – Robb Report Vacation Homes
“Costa Careyes [Costa Alegre] is located midway between Puerto Vallarta and Manzanillo, on the beautiful Pacific Coast, considered one of the best kept secrets in Mexico.” – encyclopedia.com
“about 100 miles south of Puerto Vallarta, actress Luciana Paluzzi, femme fatale Fiona Volpe in James Bond film ‘Thunderball’, and her husband Michael Solomon, bought this property in 1996 [$11.7 million USD on the Costa Algre]. – Wall Street Journal, Real Estate Journal.com
“…while supermodel Heidi Klum and musician Seal exchanged vows on the beach in Costa Careyes [on the Costalegre, south of Puerto Vallarta], Mexico. – Forbes.com/2006
“The Polo Club Costa Careyes, offering two regular size Bermuda fields, games are normally programmed 4 times a week…”
“Ricon de Careyes has hosted celebrities, aristocrats and billionaires for over 30 years… the last beachfront lot on offer, ‘La Punta at only $6,100,000 USD or if that is not in your budget ‘El Capal Villa at $3m.”
“The Blue Bay Club offering 204 rooms, on a private stretch of beach, where the Sierra Madre Mountains meet the Pacific Ocean in the heart of Costalegre.”
“The village is built on a sandbar that forms a silver strand along a gorgeous sandy bay, anchored by rocky headlands at either end…and is as clean as any place I have seen in Mexico.”
“Known to the locals and the ‘Aquarium’, if you dive there you’ll soon discover that this is aptly named.”
“…not 30 feet from the water’s edge is a coral reef teeming with fantastic iridescent fish with spectacular patterns that seem almost artificial with their extremely bright colors and design.”
“the coral reefs here extend from a depth of about 10 feet up to the surface, so instead of having to dive down to a reef some distance below, you can snorkel as close to this one as you like and still be at the surface, with the fish right in front of your mask.”
“We took one look at the busy crowds (about 10 people per square foot), narrow streets, absolutely no parking spots, and crazy Mexican drivers and drove right through…”
“Fine golden sands and gentle surf form and ideal setting for relaxed family fun.”
“The water is completely clear like bath water and you can see straight down to where the gentle tides have cut the ripples in the sandy bottom.”
“YWC Tamarindo Resort offers the ultimate in luxury, amidst the national and bounty of Mexico’s Pacific… Visitors who come to El Tamarindo by car (rather than by yacht or helicopter) should probably have a designated driver who promises not to be distracted by things like coatimundi or deer dashing across the road or exotic flowering trees that spread a thick carpet of yellow, pink or purple flowers beneath their branches.” – Dr. Charles Sacamano, PhD - Yachts and Villas
“Can I possibly feel this happy? Am I actually playing some small role in saving the planet by being here? – Travel & Leisure (on Hotelito Desconocido, Small Luxury Hotels of the World)
“Raise a flag to signal you are ready for breakfast which is delivered to your deck by canoe. It’s as romantic as it gets” – Brides. (on Hotelito Desconocido, Small Luxury Hotels of the World)
“The creator of Hotelito has stood the traditional notion of luxury on its head and created the best little hotel in Mexico”- USA Today. (on Hotelito Desconocido, Small Luxury Hotels of the World, located on the Costalgre.)
“Luxury without lights’ – LA Times. (on Hotelito Desconocido, Small Luxury Hotels of the World)
“At Cuixmala an area just north of El Tamarindo, botanists have identified 1,083 species of native plants in 543 genera of 124 families. About 60 of these species are believed to occur in the adjoining states of Jalisco and Colima and nowhere else in the world.” - Dr. Charles Sacamano, PhD - Yachts and Villas
“Architects Robert Trent Jones Jr. and David Flemming created a masterpiece when they were given the run of this sublime site in a vast ecological preserve. There is not one flawed hole on this 6,682-yard, par-72 course, and no less than fourteen holes could qualify for signature status! Dr. Charles Sacamano, PhD - Yachts and Villas
“El Tamarindo Golf Course, a Robert Trent Jones, Jr. design, with Bermuda grass is exquisitely conditioned and has been given the Golf Rating: 20 by Gold Odyssey Magazine” – Manzanillo Resorts
50% of the design consideration is beauty… there is not a great golf course in the world that is not simultaneously visually magnificent. The great courses are simply beautiful courses. – Robert Von Hagge (designer of 27-hole Isla Navidad Golf Course)
“The drive has been taken out of the real estate market to the north in many markets, so investors are looking elsewhere…serious and discouraged by high prices and overbuilding, have left US markets.” – The Real Estate Guide, Puerto Vallarta
