Are you a real estate investor looking for opportunity to earn a high rental income from your property? If yes, then do not look any farther than Puerto Vallarta, a hot tourist destination in Mexico now. It is a beach resort town situated along the Pacific coastline in the state of Jalisco. Puerto Vallarta which is the name of the city was, until a few decades ago, a sleepy fishing village. Today, it has transformed into a bustling resort town buzzing with the activities of foreign tourists all-round the year.

Whether you are desirous of a cool and relaxed life along the coastline of Mexico or an investor seeking high returns on investment, Puerto Vallarta real estate is something that you simply cannot afford to miss out at this point of time. There are many benefits of owning a home in Puerto Vallarta that are as follows:

  • You can enjoy memorable vacations in your 2nd home every year
  • You can rent out your home for the remainder of the year to earn attractive rental income
  • You can enjoy brisk appreciation in the price of the property

Buying a property in Puerto Vallarta as a foreign national is easy though you must acquire the property through a bank trust. As a trustee, bank holds the title of the property while you can enjoy living in it or deriving rental income from it. You also need to pay a onetime tax of 3% of the value of the property at the time of purchase. This tax doesn’t pinch financially given the rate at which property prices in Puerto Vallarta are increasing with each passing year.

If you have fallen in love with the beautiful beaches, the golden sand, and the crystal-clear blue waters in Puerto Vallarta, it is a good idea to purchase a property here rather than continue to live in a vacation rental. There are many options in front of you when it comes to Puerto Vallarta properties for sale. Of course, it is necessary to contact a local, experienced realtor or real estate company once you decide to take a plunge in Puerto Vallarta real estate.

Buying a property in Puerto Vallarta as a U.S citizen is beneficial for you because rates of properties in this beach town are much less as compared to similar properties in the U.S. In fact, the amount of money that you pay as down payment for a property in your city can fetch you a decent property without having to approach a lender for financing. Also, your property enjoys brisk increase in value as property prices are appreciating quickly in Puerto Vallarta. Finally, you can not only enjoy vacations with your family n wonderful weather conditions of Puerto Vallarta but also enjoy attractive rental income from your guests.

Vista Legre Realty is a highly respectable name in the world of Puerto Vallarta real estate. It can help you in finding and buying a dream property in this resort town inside your budget.

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