México/Puerto Vallarta named one of the top 10 foreign markets to own Investment Rental Property
Updated: Nov 29, 2020
Mexico remains a top destination among Canadians and Americans for both tourism and retirement and is enjoying good growth in the local tourism market as the country’s middle class continues to expand.
All that combines to make Mexico a top choice for a property rental investment.
Top markets in Mexico include Puerto Vallarta on the Pacific coast and Playa del Carmen on the Riviera Maya. In both of these are popular tourist towns where a rental property can generate an excellent yield. Puerto Vallarta is the strongest market and most popular.
Mexico offers financing options for non-residents, generally from U.S. lending institutions set up in Mexico specifically for that purpose.
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