| Recent global real estate trends have shown an | | | | increase investors and foreigners are still |
| increase in migration to Mexico. Investors and | | | | purchasing the property because Mexico's prices |
| foreigners are flocking to Mexico looking for the | | | | are still below their native real estate prices. To |
| perfect opportunity to purchase real estate. In | | | | accommodate the demands of foreign investors |
| the last five years real estate prices have began | | | | Mexico has started hiring developers from |
| to rise all over the country, mostly due to the | | | | Canada, the United States, and Europe. The low |
| demand for prime Mexican real estate, but also | | | | cost of land and construction along with the high |
| because the buyers are purchasing property in | | | | demand allows these developers to turn large |
| non native currencies. Tourist locations have | | | | profits. Mexicans are embracing the influence of |
| began to accommodate foreigners, and now | | | | foreign goods and lifestyles. This allows them to |
| when you visit areas like Cancun you can see the | | | | meet the needs of a variety of visitors. |
| international influence that tourism brings to an | | | | The latest buying trends have been in small fishing |
| area. Around 2003 a shift towards high rise | | | | communities. At one time Cabo San Lucus was a |
| resorts and condominiums took place in Mexico. | | | | small fishing town, but as people began to find out |
| Many foreigners started expecting first class | | | | about the atmosphere and the legendary fishing |
| resorts when they traveled to Mexico. Mexico | | | | people began to flock to the area and now Cabo |
| started accommodating the needs of foreigners | | | | San Lucus is one of the most famous tourist |
| and now you can find Wal-Marts and McDonalds in | | | | cities in Mexico. These small fishing towns allow |
| many big cities within the country. American | | | | visitors and residents to enjoy world class fishing |
| investors have made suburban living popular in | | | | without the hassle of large crowds. Purchasing |
| Mexico. Bare areas around major cities have been | | | | home sites while these towns are still small allows |
| purchased by investors, and suburban | | | | buyer to have huge returns when developers |
| neighborhoods are being built. This has resulted in | | | | come into the area. |
| a price increase of land in Mexico. | | | | The western side of Mexico is largely uninfluenced |
| Oceanfront properties of all sizes are being bought | | | | by foreign investors. With a few exceptions, |
| by foreigners and investors that are looking to | | | | Aculpoco, Puerto Vallarta, and Cabo San Lucus, |
| buy low and sell high. This trend has also | | | | towns on the western side of Mexico have kept |
| influenced the increase in real estate costs in | | | | their small town atmosphere even though they |
| Mexico. | | | | are able to accommodate foreign visitors. |
| Although Mexico has seen its property prices | | | | |