FOR IMMEDIATE RELEASE
A boutique company, providing a streamlined process to help you acquire a beachfront lot in Mexico.
Puerto Vallarta, Jalisco (July 18, 2007).- Do you want to buy a beachfront house on the Pacific Coast? Beachfront Futures Trust Company, a boutique firm, can make your dream come true. Daniel Bershad, a young, retired Registered Investment Advisor in Boston, living in Puerto Vallarta, tells you how to acquire your slice of paradise – a beachfront lot in Mexico.
Since the 1960s, the Mexican government on all levels has rolled the Monopoly dice for real with no intention of ever losing. To name just a few: Cozumel, Puerto Vallarta, Cabo San Lucas, Cancun, Manzanillo, and the Costa Maya …with more already in the making. These financial successes were no accidents. Monopoly is about bankroll and Mexico has plenty for development of their coastline.
“They don’t roll the dice with their precious beachfront; they point their finger and make it work – the game is ‘follow the leader’…†states Daniel Bershad of Beachfront Futures based in Puerto Vallarta. Development and tourism are vital to the economy and future of Mexico. It runs a close second to oil sales. They take this very seriously, enough for the U.S. ‘Monopoly King’, Donald Trump to take notice, who recently stated to CNN: “People in the U.S. can’t afford oceanfront property anymore.†“The change in Mexico’s real-estate climate is drawing U.S. developers, including Donald Trump, to build…â€
Unless you’re Trump, currently the Mexican Riviera on the Pacific is the one in play. The finger points to the “Costalegre†where construction has already started on a new international airport. And when it comes to Real Estate 101, this always boosts real estate values and augments tourism income. However, this situation is unique. The data speaks for itself.
The Puerto Vallarta International Airport and the Manzanillo International Airport to the south are already the two closest, coastal, international airports in Mexico. Why spend tens of millions on a third right in the middle? Talk to the locals you’ll hear that this area has been ‘eyed’ for years. The politically-in-the-know have been buying on the coast for over a decade.
The Costalegre, as the government has now formally named it, is the Jalisco coastline between those two airports. Discovered privately first in the 80s by GianFranco Brignone, an Italian oil baron who decided to develop an area of it when flying over the coast. He noted the bold beauty, invested, told his friends and now the jet-set of Europe consider this their little secret ‘Gold Coast’ of Mexico, where they come to be pampered and play on their own private polo field. Beachfront lots in gated communities in these areas are listed up to $6.1M USD but don’t let that scare you. You can still find a .25 acre beachfront lot for under $200k along the coastline, if you know where and how to look.
The 1999 Guinness Book of Records cited Hasbro’s previous statistic of 500 million people having played Monopoly but only a select few will get to play on this, Costalegre. The problem is that most of the Costalegre is ejido land or non-titled property. You cannot possess ejido land unless you are a Mexican. This is a form of communal land tenancy.
This is where it gets exciting. Of the 351 kilometers of coast, about 1/10th of it has title. So to find a beachfront lot is ground-floor investing. Three international airports, each within 1.5 hours of driving distance – in terms of the Monopoly board, you can’t go wrong. “It’s simply economics, more and more are buying to retire and ‘they just can’t make any more of it’, as they sayâ€, Bershad adds.
Whether it is Boardwalk, Park Place, or Pacific Avenue, it does not matter. Anywhere on this coast is prime; getting the clear title is another story. Especially on the Costalegre, where the beaches, blessed with endless sunsets, are so tempting, people are paying the prices even without title in some cases. These same endless sunsets are what attracted and awed investors to make Puerto Vallarta into the hyper-market it is now. (Mrs. Taylor helped a little as well…)
So the crawl continues. But this time to the south, where the intention is to duplicate the same success as the government’s spotlight did to the north. When President Fox was in office, an article stated “Litibú as the President’s Choice Real Estate†and, where that finger pointed, action followed. Real estate values to the north went to Mars. Mogul Tim Koogle, Yahoo’s former chairman and founding CEO, made a significant investment after that news. The result, an extra $100 million profit. But this development impacted the northern state of Nayarit and NOT Jalisco, where Puerto Vallarta actually is. By the way, beachfront lots 2-3 hours from the nearest international airport to the north go for 7 figures now, up from 5 before the government focused on the area.
So, with a proven record of success to the north, the government obviously does not consider this third international airport, in the center of the Costalegre, to the south, by any means a roll of the Monopoly dice. Just “follow the leader…â€
For more information please contact:
Beachfront Futures Trust Company
Daniel Berdshad
[email protected]
Phone: + (52) 322-297-1509
