Many retirees choose real estate in Puerto Vallarta, Mexico as the perfect way to start their brand new life. A smart choice considering the place has a whole lot more to offer than meets the eye. It’s ideal for those who see retirement as a phase in their life when they must enjoy the things they worked hard for. A time for complete relaxation and peace of mind. Retiring in another country need not be complicated and laborious. That’s why most retirees from USA and Canada have decided on becoming fractional real estate owners in this tropical paradise. Fractional ownership has so many advantages. Let’s take a quick look at the whole concept.
Important things to know about retiring and enjoying fractional real estate in Puerto Vallarta.
Being a fractional owner simply means enjoying real estate in Puerto Vallarta without worrying about the responsibilities of owning and maintaining a house in a foreign country all by yourself. Fractional real estate brings so many benefits, especially if you decide to enjoy it in Puerto Vallarta, Mexico. Aside from enjoying a truly paradise-like destination, you’ll feel very comfortable and relaxed as though you never left home. Retired expats who are residents of Puerto Vallarta swear that staying in Puerto Vallarta as a fractional real estate owner is the wisest decision they made after retiring.
Retiring in Puerto Vallarta
There are several reasons why retirees from USA and Canada opted to become a fractional owner in Puerto Vallarta. First and foremost, is the great location of the place. It’s highly accessible compared to other far flung tropical countries. You’ll never run out of flights as airline companies have 24/7 flight schedules going here. Due to the influx of demands, airlines even give sizeable discount and promo fares. You’ll get instant savings going to and fro to Puerto Vallarta if you decide to make it your second home.
Another reason is the magnificent beaches that you can find. Puerto Vallarta offers the best beaches in Mexico for retiring. Blue, clear waters, sunny weather and panoramic settings are what Puerto Vallarta is all about. It’s like living in paradise where serenity will dwell in any person’s heart and mind.
Being a fractional owner also means having a piece of a great investment. Mexico’s real estate has gone up in terms of quality and value. The properties that are located in the area of Banderas Bay command such huge prices and are expected to go up more in the years to come. Mexico’s government assures protection and security to those who have settled here. This gives you enough complacency to live a life of luxury without any thoughts of negativity.
Being a fractional owner in Mexico
A lot of features make fractional ownership in Mexico look attractive in the eyes of many retirees. You can enjoy being a homeowner during your allocated fraction. This is for a longer period of time compared to timeshare and vacation clubs. You can bring in as many people as you wish in your home and savor every moment of it. Outside of your allotted time, you do not have any obligations regarding its maintenance and upkeep – you only pay maintenance on your fraction. You can head home to your country without suitcases of worries to carry.
Another great thing is that you have a deed of sale when you purchase a fractional real estate. It’s a proof for you to keep and gives you rights to whatever you plan to do with it. You can rent it out, lend it to friends or even sell it.
Once you’ve seen the benefits of fractional real estate, you can upgrade it anytime to full ownership and enjoy a lot more advantages towards having a completely rewarding retirement life.