Top Wellness Retirement Option In Riviera Nayarit, Mexico
Top Retirement Living Option In Latin America
Aug. 11, 2009
Riviera Nayarit, Mexico
PLUS:
- Help And Support For Your Move To Ecuador...
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How Are You Going to Be Able to Afford to Retire?
Seeking and building a new life abroad is not only the most sensible way to approach retirement in the current global market climate...
It's not only the best (maybe the only) way to assure
yourself that your retirement funds will carry you all
the way through retirement...comfortably and even in style...
It's not only the best way to make sure you're able to sleep at night...that you're not kept awake at 3 a.m. by money and budget concerns...
It's also the start of the greatest adventure of your life. The most fun you'll ever have.
The New Retirement Revolution
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Dear Overseas Opportunity Letter Reader,
This may be the most appealing option for overseas retirement living I've ever seen.
And it comes with something else you should be in the market for right now: a guaranteed yield from rental income.
First, some background:
FONATUR, the Mexican tourism development agency, knows what it's doing. For about three-and-a-half decades, it has been targeting particular stretches of Mexico's coasts, investing big in infrastructure and services to those regions, and then sitting back and watching as the investors and then the travelers descend.
The advantage for the investor and the property owner is that the private developer's efforts are supported by the Mexican government. Buy what you see, I remind you often. And, when FONATUR gets involved in developing a region, you typically see fast and reliable progress on things like the paving of roads and the running of electrical lines.
Early this decade, FONATUR targeted, for a next project, the country's Pacific coast from Puerto Vallarta 100 miles north to colonial San Blas, a region they dubbed the Riviera Nayarit.
This stretch of coastline is primo. If you like blue sea, white sand, and regular sunshine, really, you can't ask for better. Plus, there are golf courses, archeological sites, spas, every water sport you could name (including swimming with dolphins and whales), colonial cities, Aztec history, deep-sea fishing, five-star restaurants, wine and cheese shops, trendy cafes, art galleries... The region's transformation is well along.
This part of Mexico is safe, stable, and easily accessed from anywhere in the United States, Canada, even Europe. There are world-class hospitals and top-quality private bilingual schools.
There's also a proven rental market. Nuevo Vallarta hotels regularly see 85% occupancy, and the demand for condo rentals in the region increased 300% from 2007 to 2008.
This is a location that checks all the right boxes: Beautiful beaches; great weather year-round; safe; affordable cost of living; easily accessible; 21st-century infrastructure (not only for roads and highways, but for Internet, telecommunications, etc., as well); lots to do; established and expanding expatriate community; top-notch medical care; and, again, a track record for rentals.
It's easy to understand why so many expats, from North America and beyond, have sought out this part of Mexico for both part- and full-time escape.
But I predict that the best of Nayarit is just now coming online...in the form of Taheima, the first luxury wellness condo-hotel in all Latin America. This is a development product whose time has arrived. And right now is your chance to buy pre-construction for what amounts to the lowest per-square-meter cost in the region, while locking in (if you choose) two years of guaranteed rental yields of 7% per year. (You get free maintenance of your property during these two years, too.)
There are lots of private development communities throughout Mexico, offering golf, spas, fishing, etc. Taheima is different. It has been conceived as an alternative for the "new retiree," the Baby Boomer who is looking for quality affordable retirement options outside the States and who is gearing up, during this phase of his life, for anything but retreating to the sidelines.
Taheima is for the would-be retiree who wants to be active and engaged, both physically and intellectually. The focus is on education and wellness, of body and of mind. All the usual conveniences and amenities are included. This is a condo-hotel, remember, so you get not only private development services, but hotel services, as well, including housekeeping, concierge, valet parking, bellboy, room service...
There's a golf course (18 holes designed by Robert Von Hagge; owners have full access and get 50% off greens fees), a country club (you have full access here, too), a beach club, a racquet and sports center, four swimming pools, juice bars, and restaurants.
Plus daily classes in yoga, painting, dancing, languages, sculpting, cooking...and wellness and nutrition classes and clinics with professional trainers.
Taheima is the project of Canadian development group Dynamis, with a long track record building residential and retirement communities in Canada, including senior-focused apartments. As they put it, they build for retirees who are not content with "sitting on the beach."
Taheima is also a member of the WorldHotels group, which means that, as an owner, you have the opportunity to exchange your Taheima home for a stay in another luxury home in the WorldHotels network, which includes more than 155 properties in six countries. You can even arrange an exchange as much as 12 months in advance of taking possession of your Taheima property.
Specifically, at Taheima, you can choose from a junior suite, a one-bedroom apartment, a two-bedroom residence, or a three-bedroom penthouse. Every unit comes fully furnished and with full rental and property management services in place. You'd never have to touch up the paint or change a light bulb, if you didn't want to.
You can finance your purchase (up to 70% loan to value). This isn't a time-share. This is full titled ownership of a condominium in the most impressive overseas retirement community I've ever seen.
Full titled ownership of a condo that could pay for itself, over time, through rental income. To start, you can guarantee yourself two years of rental yields of 7% a year.
This makes sense from so many angles. This is an interesting investment opportunity of the kind that I believe you should be focused on in the current climate (it's yield-producing in a proven market).
It's an ideal second home in the sun if you're looking for part-time escape to the beach. Riviera Nayarit beaches are among the world's best. (Remember Night of the Iguana?)
And if you're not, you could rent to someone else who is. I say again: Taheima qualifies as one of the top options I've found anywhere in the world for the 70-million Baby Boomers set to retire over the next 10 years.
Your ownership comes with the international home-exchange option through WorldHotels. You could swap your place for a stay in another great place in another exotic location each year if you wanted.
Plus, Taheima caters to the fast-growing wellness market, augmenting the rental potential.
Finally, and perhaps most important, Taheima could be the ideal place for you to think about basing your new life in retirement overseas. The property comes with everything the would-be retiree could ever ask for. Buy today and rent until you're ready to take up residence yourself.
Prices start at US$169,000.
Find out more here.
Kathleen Peddicord
P.S. What's being built at Taheima is truly impressive. Our contact on site wrote yesterday to say that construction continues at a good pace. He even sent photos of a two-bedroom unit on the ground floor with its own private pool. Amenities include full kitchens equipped with all cookware, washing machine and dryer, dishwasher, and full-size refrigerator; private patio and sitting area; and bathrooms complete with walk-in marble showers, even robes and slippers. Take a look.
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