VALLARTA WILL HAVE A 30% SHARE IN NEW TOURIST RESIDENCES.

Written by Tropicasa Realty
May 2nd, 2008

Puerto Vallarta and the Nayarit Riviera represent a “magnet” for tourism.  Almost a third of buyers from the United States and Canada prefer it here.  This region, together the Mayan Riviera and Los Cabos, are the areas where most properties will be sold this year in Mexico. 

30% OF SALES OF NEW RESIDENCES FOR TOURISTS WILL BE CONCENTRATED IN THIS REGION.  The area of Banderas Bay will grab 30% of the sales of new residences for tourists this year which sales are made in the principal destinations of the country, according to estimates released by the Federal Secretary of Tourism (SECTUR).  A study made by this organization established that Puerto Vallarta and the Nayarit Riviera have become a true magnet for foreign tourists, Americans and Canadians that acquire their second home in Mexico, especially among the most important beach destinations in the country.  The study noted that Canadian tourism has grown insofar as the acquisition of second homes in the region of Banderas Bay, which is made up of the municipalities of Puerto Vallarta in the State of Jalisco and Banderas Bay in the State of Nayarit.

Source: Vallarta Opina