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Real estate investments, buying a second home

Real estate investments are usually one of the investments with the highest return on investment, even in difficult times such as those experienced from 2020 to the first half of 2021. Difficult times are also times of opportunity.

The real estate market tends to have an important solidity and an always increasing demand. This means little risk to your finances, so buying a second home is definitely something you should do if you can afford it.

If you are looking for a good investment in the medium and long term, the real estate market in Mexico is an option that will bring many advantages to your finances in a short time. In this article, we will tell you about the advantages of making this investment and why buying a house in Puerto Vallarta is an assured return on investment.

Why buy a second home?

Buying a second home can have several reasons, for example: 

  • To earn money from your rents.
  • Looking for a vacation home.
  • You are a digital nomad looking for a change of scenery from time to time.
  • Mixed reasons.

In any of these reasons, or any other particular reason, you must be realistic and take into account your personal finances, as we explained in our blog on how to buy a house.

Once you are clear on these points, and you have decided to make this real estate investment, you must decide where to buy this second house or apartment. In the real estate market in Mexico, there are many cities with their own appeal, but we want to tell you about a magical place for you and an assured return on investment for your finances

The return on investment when buying a home in Puerto Vallarta

For more than 60 years, Puerto Vallarta emerged as a hidden paradise on the coast of Jalisco. During this time, the small coastal town has been transformed into a city with all the basic services for a happy and peaceful life, while becoming one of Mexico's fastest growing cities for real estate investments.

In 2010, Puerto Vallarta was named The Best Place to Retire in the World by the American Association of Retired Persons (AARP). In the same year, the publication USNews.com named Puerto Vallarta Mexico's Best Vacation Destination. Many other recognitions have made buying a home in Puerto Vallarta a real estate investment worth considering.

Adjacently, the municipality of Bahia de Banderas has also benefited from the fame of its neighbor and has boosted its fame as a tourist destination as well as a retirement option for many retirees around the world.

One of the advantages of buying a house in Puerto Vallarta or Bahia de Banderas is that you can use it as a way to have a vacation home and also rent it while you are not in the city and in this way get a source of extra income for yourself.

During the years that Grupo Gova has been active, the residences in the real estate developments we have built have increased in price by up to 30% during the year immediately following their construction. The quality of our work and the innovation in our architectural concepts have combined perfectly with the natural conditions of Puerto Vallarta and Bahia de Banderas to be one of the best options for your real estate investment.

If you are looking to buy a second home, consider Puerto Vallarta and Bahia de Banderas as a very interesting option to invest in real estate in Mexico. And if you are interested in obtaining more information about our projects, please contact us, and we will be happy to help you get that second home you so desire.

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