Posts Tagged ‘Mazatlan Investments’

MAZATLAN has it ALL

Tuesday, January 6th, 2009

I believe that Mazatlan is the most undervalued beach market in Mexico today. These are some of the reasons:
1) Affordability
2) Access from the West Coast of the U.S.
3) Potential for appreciation
4) Recreational enjoyment – golf-fishing-sailing-water sports- tennis
5) Rental income potential
I’ll do my best to give brief description of the 5 reason:

1) When considering purchase real estate in Mexico, Mazatlan is one of the top opportunities. For many years it has been over looked in the real estate market providing affordable investments; that will no doubt only increase in value. Although beachfront and view property prices have risen over the last 5 years they are still far below the other Mexican resort town property prices and far below U.S. waterfront and view property prices.
2) Mazatlan is one of the most accessible Mexico resort destinations. From the western side of the United States you can travel there by air, bus, or car. There are many cheap and short flights from Los Angeles, San Francisco, Phoenix, Portland, Seattle and Vancouver with daily service available from several airlines.
Airlines that fly between the United States and Mazatlan include the following:
• American Airlines
• Alaska Airlines
• Aeromexico
• Continental Airlines
• Mexicana Airlines
The airport (code MZT) is 17 miles southeast of the hotel and resort area of town
3) The price of beach front or beach view property is lower in Mazatlan than any other major Mexican resort town so it stands to reason that it has more room for appreciation. There are beautiful homes in old town or the central distract that date back to the 1800’s. Many of these have been remodeled and updated. There prices are still far below areas like San Miguel de Allende and Merida where colonial homes from the same period can be found. If you are willing to take the time to look and hire the work done there are still “fixer ups” to be found in the central district that have great potential for appreciation.
4) This small city has a lot to offer. Even before it became a tourist attraction Mazatlan was famous for its superb fishing. Eight fleets of charter boats bring in approximately 8,000 to 9,000 marlin and sailfish each year! Besides the fishing there are many other water attractions such as surfing, swimming, snorkeling, or just relaxing on the beach. Golf has been popular in Mazatlan for many years. The El Cid Golf and Country Club golf course offers 27 holes of golf and has hosted many International golf events. It is uniquely situated on a biological reserve, so keep your eyes open for deer, turtles, fish, exotic birds, and crocodiles. Estrella del Mar is a magnificent18-hole par 72 course that is rated among the top golf courses in the Mexico! Designed by Robert Trent Jones Jr. this course proves challenging and beautiful views with six of its holes along the beach. It is challenging and beautiful as you hit your approach shots into the onshore sea breeze at an elevated green framed by swaying palm trees with the Pacific Ocean as the back drop.
5) Due to the lower cost of condos and homes it is possible to rent out properties at a fair price, one that many vacationers can afford. Vacation rentals are a great way to help with the cost of up keep, HOA dues and mortgage payments. It is also a good way for potential purchasers to find out if they are ready to live in Mexico without spending a large amount of their savings.

Mazatlan’s top Developer

Impulsa Real Estate in my opinion is the most reliable, responsible builder in the Mazatlan market. They have built and delivered over 20 different projects. Impulsa was founded by Manuel J. Clouthier Del Rincón more than 40 years ago. In 1986 he was candidate for Governor of the State of Sinaloa representing the political party PAN and in 1988 he was the candidate for President of Mexico I have worked with Impulsa Real Estate, have seen their developments in 3 different cities and have heard testimonials about well they were treated and how happy they are with their investments.