Baby Boomers Find Gold in Mexican Beachfront Property
One in four baby boomers are discovering the long-term benefits of property investment and they are seeing a significant return for their diligent investment efforts. Puerto Vallarta real estate is being positioned as the next property hotspot for baby boomer investments.
Puerto Vallarta, Mexico (PRWEB) February 22, 2007 -- One in four baby boomers are discovering the long-term benefits of property investment and they are seeing a significant return for their diligent investment efforts. Puerto Vallarta real estate is being positioned as the next property hotspot for baby boomer investments.
If you're a baby boomer interested in property investments the beachfront property of Puerto Vallarta, Mexico is more popular than ever prompting real estate experts to pull the trigger on advising investment due to Puerto Vallarta's pristine coastline, mild climate and desirable property locations. The investment for Puerto Vallarta real estate is attractive with a projected property value escalation in coming years.
PPVRE.com (www.PrimePuertoVallartaRealEstate.com) is a site owned by investment strategists who are passionate about making sure your investment is worthwhile and beneficial to your financial portfolio.
The Baltimore Sun posted some rather interesting statistics on the investment strategies of baby boomers…
- Ninety-six percent of all boomers believe that owning a home is a very smart financial investment, and nearly 4 out of 5 now own homes, while 1 in 4 boomers owns other forms of real estate besides a primary home. These include one or more vacation or seasonal retreats, acreage or income-earning property.
- Home equity plays a huge role in boomers' financial planning and well-being. Their median equity stake - the market value of their real property minus mortgage debt - is $100,000. The median household net worth of boomers - financial holdings plus real estate, minus all debt obligations - was $149,500 in early 2006. However, 23 percent of boomers age 50 to 60 control equity stakes of $250,000 to $1 million or more. Fifteen percent of boomers aged 42 to 49 already have accumulated home equities of $250,000 to $1 million.
(Source: BaltimoreSun.com)
This report indicates that one in four boomers are investing in property beyond their primary residence and that a similar number have property equity up to ten times more than their non-investing counterparts.
David Crenshaw is the Director, US Marketing and Investor Relations for ppvre.com (www.PrimePuertoVallartaRealEstate.com). David's award winning investment strategies have helped to finalize millions of dollars in property acquisitions each year. Regarding the potential boom in ocean front property in Puerto Vallarta. David Crenshaw has assisted many in developing a strategy to grow their retirement portfolio, which prompted him to say, "We understand the unique circumstances of baby boomers and their desire to increase their retirement funds without increasing taxability. Thirty-somethings and forty-somethings are also alert to the fact that their 401k and IRA accounts may not be growing as fast as they need to for a comfortable retirement."
Perhaps the benefit most suited to baby boomer investors is the investment in beachfront property in Puerto Vallarta, which is reminiscent of California beachfront property investments of the 1960s. An investment in Puerto Vallarta real estate now may ultimately result in long-term financial benefits in one of the most beautiful spots in the Americas.
For additional information, contact:
David Crenshaw
fundVallarta Investments, INC
Telephone Number 850-420-8914
Web site address: www.PrimePuertoVallartaRealEstate.com
fundVallarta Investments, INC is a company whose mission is to deliver the most comprehensive and integrated investment team ever assembled. fundVallarta Investments, INC promises to provide clients with accurate knowledge and the tools to perform their due diligence. Meet their financial and real estate advisory team.
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Mexican Beachfront Property
from Invest Offshore on Feb 23, 2007
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One in four baby boomers are discovering the long-term benefits of property investment and they are seeing a significant return for their diligent investment efforts. Puerto Vallarta real estate is being positioned as the next property hotspot for baby bo
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