Puerto Vallarta, Mexico has been a top destination for jet-setters as early as the 1930’s. However, this beachside haven didn’t gain fame until the 1960’s. Ever since, real estate in Puerto Vallarta has seen exponential development and interest. Furthermore, Puerto Vallarta has become a popular retirement location due to its growth as a city and its proximity to the ocean.
Kathleen Peddicord, Publisher at Live and Invest Overseas’, announced in July 2015 that Puerto Vallarta, Mexico is the second most accommodating city in the world for foreign retirees. The list, based on a dozen categories including cost of living, healthcare, safety, and climate, also includes Algarve, Portugal (winning first place); Cayo, Belize; Languedoc, France; and Abruzzo, Italy.
More recently, Peddicord has named Mexico as one of the top destinations for individuals looking for a solid expatriate community and Puerto Vallarta as her #1 pick for a luxury beach retirement location.
Marie Callen, a reporter for Banderas News, who lives in Puerto Vallarta explains why she thinks more people should consider Puerto Vallarta as a retirement destination, “While the cost of living here can run as much as $1,950 USD a month and up, you can live comfortably on a lot less – depending on your lifestyle.” She also explains that the city is very English-friendly and the climate during winter months is ideal. To read more about her take on the city, click here.
If you’re interested in learning more about Puerto Vallarta as a retirement location and would like to know what kind of real estate is available, contact us online with your questions. You can also call us from the US and Canada using our toll-free number: (866) 519 4342 to speak to a licensed real estate specialist.