Puerto Vallarta is beautiful and enchanting. It has a friendly atmosphere and an old world charm which is missing in newer destinations such a Playa del Carmen and Cancun.
It can be said that Puerto Vallarta is a complete package with sun, sand, water and hills. On one hand you will find old building and on the other you will also see high end condominiums providing the latest in luxury.
No wonder, Puerto Vallarta continues to lure tourists to its shores year after year. A positive spinoff of strong growth of tourism has been Puerto Vallarta real estate. Vallarta property scene is vibrant and diversified with all kind of properties at all budgets available. A significant portion of real estate investors are from U.S. and Canada who like its sunny climate and relaxed lifestyle to the hustle bustle of their cities back home.
Since, Puerto Vallarta provides all amenities and luxuries, expats and tourists do not feel anything lacking in Mexico. For this reason, Puerto Vallarta has also emerged as an important retirement destination.
Though, Vallarta enjoys the confidence of real estate investors, the local government and citizens are not the one to rest on their laurels forever. Mexico has numerous great tourist destinations. There is a lot of competition among these towns to grab share of the tourism and real estate pie. Playa del Carmen real estate, Cancun, Cabo San Lucas are few of some of the world class tourist destinations.
Because of this Puerto Vallarta is improving and developing all the time to keep its reputation as the numero uno hot spot in Mexico intact! The local government has invested huge sums on infrastructure development even when the recession was ravaging the whole world.
These investments meant that Puerto Vallarta real estate continued to develop as well sent strong signals to investors that Puerto Vallarta is not going to be one off miracle but is in for along haul.
Authorities developed bridges and high quality road network to ease the traffic issues. Recently, the project to expand Puerto Vallarta’s South Shore Highway was flagged off. The ambitious project involves not only expanding to 3 lanes but also use of high quality material and a pedestrian corridor.
In May, Jalisco’s Governor Emilio Gonzalez along with Puerto Vallarta’s Mayor, Salvador González and other municipal authorities participated in an official ceremony to launch the south shore highway improvement project which envisages expanding the highway to three lanes where the adjoining land allows for it. The stretch which will be taken care off during the initial phase starts on Basilio Badillo and continues four kilometers along the South shore highway. The project also involves replacing the road with long-lasting hydraulic concrete. This will mean that roads will last longer reducing recurring costs of road repair. For pedestrians’ convenience, a pedestrian corridor will be added.
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