Jul
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US boomers rushing to retire in Mexico, Punta Mita is a hotspot
July 4, 2007 | Tags: Real estate, Punta Mita | Leave a 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.
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