Luis Miranda

The Mexico Living EXPO is proud to announce the venue City for its second EXPO event in exciting, Calgary, Alberta; March 5th and 6th, at the Stampede Park BMO Centre.
 

• * How to buy real estate in Mexico
• * How to import export in and out of Mexico to Canada and vice-versa
• * Experience the culture in a safe and fun environment and ...
• * Also get deals on local Mexican products and more!

(August 15, 2010) – The 2010 Second Home Trend Report indicates 45% of existing second home owners believe that now is a good time to buy an additional second home.

E360’s Second Home Trend Report, surveys existing second home buyers on the preferences of timing, attributes, location, and pricing of an additional second home purchase.

Of those 45% indicating that they are in the market for a second home, Mexico is the top international destination with more than half of the total interest. E360’s Global Research Analyst, Chad Martin said “although only half of our respondents believe now is a good time to buy, it is impressive that there is a strong second home contingent looking at a market like Mexico.”

More impressively, of the remaining 54% who indicated that now would not be a good time to buy 79% indicated that they would be likely or very likely to purchase in the next 2 years. Martin says “this is a strong indication that demand will continue to grow over the next two years and will strengthen the second home market”.

As consistent with current market trends, lifestyle and vacation attributes are the leading motivator at 46% for second home buyers with investment purposes coming in next at around 41%. Second home purchases for the purpose of retirement ranked 3rd at just over 11%.

The desire for a second home geared for vacation purposes is not a surprising finding. Martin said “this is a consistent trend with the preferred attributes of the buyer being water views and proximity to water or mountain activities.” Lake and ocean views combined for an overwhelming majority of the preferred attributes surveyed with mountain views coming second.

Martin adds “While spa and medical facilities have exhibited recent high growth rate forecasts in recent studies respondents did not translate that growth into the high motivation for a second home purchases. Green based second homes did not show the high appeal translating into a purchase motivation. Golf has not clearly shown itself as primary appealing attribute as it translates to real estate buyers when compared to other second home attributes.”

Although most respondents indicated they would be looking in International markets for a second home, nearly 49% of purchasers will be looking domestically. “although most of these buyers plan to wait 1-2 years, this is great news for the US Second Home market. Over the next few years we anticipate that the second home market in the US that are focused 100-1000 miles from highly populated areas will see an increase in demand.”

According to the study, 40% are looking at areas 500-1000 miles away and nearly 30% are looking from 100-500 miles away from their homes. The numbers over 1000 miles dropped significantly to 11%. This supports the trend that of those interested in a domestic or Mexico second home market, nearly 39% of buyers are looking in rural areas throughout the US.

Of the same second home buyers looking at a US purchase, 49% are looking for a single family home and 60% preferred a smaller 2-bed, 2-bath floor plan.

These respondents are interested in the $200,000 to $400,000 price range and 60% are not interested in receiving financing for the purchase.

E360’s 2010 Second Home Trend Report, conducted in June/July 2010, includes answers from 612 usable responses. For more information on E360, visit www.element-360.com

If you are seriously considering ownership of Mexican or Latin American Real Estate -whether for investment, retirement, vacation, or rental income-then a very good way to learn about the different alternatives are the Fly and Buy Programs. This trips are many times also called: Investment tours, Discovery Weekends, Familiarization trips.

What is a Full ownership Fly & Buy?

Most of us have images of a sleazy timeshare salesman trying to hard sell you into something that you never really wanted and certainly don't need. What we have found instead is that most Full ownership Fly and Buy weekends and tours are managed by very professional, experienced and respectful teams of sales people. Normally there are no hard sell and no strings attached.

Full ownership Fly and Buy weekends are locally based real estate seminars and development tours that are sponsored by the Developers in order to offer to a potential retiree or investor the opportunity to walk personally visit and learn about a city, a country and the development itself.

Fly and Buy weekends are typically held at a resort near the developers real estate project. The fly and buy weekends are filled with local tours, harbor cruises and local entertainment wrapped in a package of real estate purchase or financing seminars designed to teach potential retirees the how's and why's of retirement and relocation in Mexico or Costa Rica or other countries.

Fly and Buy weekends are held throughout all of Latin America (mexico, Costa Rica, Panama, Belize, Dominican Republic, etc) and are a great way to truly get a feel for an area, its culture, weather and real estate market. There is no substitute for seeing a country, city or real estate development first hand.

Each year thousands of Americans and Canadians take advantage of developer sponsored real estate and condo project tours throughout Mexico, Costa Rica, Panama and other Latin American Countries. For those considering retirement in Mexico, Costa Rica or much of Latin America, a fly and buy real estate seminar is a great place to start.

Visit Boomers Abroad Online Community & Social Network and learn about this type of programs. Share your experiences abroad with us at Boomers Abroad Online Community & Social Network The Expat and Future Expat Online Community. Connecting Baby Boomers Worldwide! We look forward to hear from You!!

The Right time to invest in Riviera Nayarit Real Estate. If you are planning to buy a vacation home, or retirement home or simply want to invest your money, then Mexico Real Estate real estate is the right option. Discover the best real estate at the Riviera Nayarit in México and buy direct from the developer. You will get from experts the answers to your questions about why to buy Condos and Villas in México and, at the same time, know the best place to invest, live, resort and enjoy full ownership: Riviera Nayarit.

Tour the finest new and pre-construction luxury resort developments, where you will see first-hand the beauty, quality and affordability of what Puerto Vallarta region has to offer. You will also enjoy a sunset champagne cruise on a yacht, attend the best of a traditional Mexican Fiesta, 5-star dinners, shopping and sight-seeing, ending the 3-day venture with an amazing farewell dinner on one of the most beautiful beaches in the region, all completely paid for by Grupo Real del Mar!

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