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US boomers rushing to retire in Mexico, Punta Mita is a hotspot
July 4, 2007 | Tags: Punta Mita, Real estate | 1 Comment
The US state department is estimating that of the 4,000,000 Americans living overseas, approximately 600,000 to 1,000,000 are living in Mexico. This is creating a land rush and pushing prime beachfront and beach view property prices through the roof in Mexico. One realtor says of Punta Mita:
Punta Mita is the boomers’ most recent find, with sales tripling for the local real estate association’s MLS (Multiple Listing Service)
You can read the whole article on the CNW Group website.
Or, see Punta Mita on the map.
Comments
1 Comment so far
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It’s true boomers are retiring in Mexico in mass.
And I’d agree Punta Mita is a great.
I love to visit the Puerto Vallarta area but only in the winter months.
I guess I’m a whimp since I’m originally from the bay area in California.
A little bit about my story, I retired early to Lake Chapala, Mexico 7 years ago, and checked out of the rat race forever.
Now, I live in the world’s best weather (according to National Geographic) on Lake Chapala, in the state of Jalisco, Mexico.
I will admit that the initial draw of Mexico was low cost of living and great year round weather.
And then, I fell in love.
I fell in love with the Mexican people.
For the most part, they are exceptionally hard working, honest and friendly.
Many live in conditions that Americans and Canadians couldn’t handle and do so with great personal grace and honor.
I have daily interactions that continually amaze me with regard to how open, giving and connected the Mexican culture is. I could tell countless stories but I won’t do so at this time.
Just my 2 cents.
Retired Boomer in Lake Chapala, Mexico
Joel
Casa Preciosa, Ajijic, Mexico
http://www.CasaPreciosaAjijic.com