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Investing in Manzanillo

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Mike Woodley

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Featured Listings

Free Seminar

Click here for information on a Free seminar
August 7th, 2008 6:30-7pm at bayview Event Center
opportunity to win 4 days 3 nights in Manzanillo

 Buying Property in Mexico…Have You Met Manzanillo?

Minnesotans and many Americans have been buying real estate in Mexico for decades, but the trend has increased considerably in recent years. What's the primary reason for this? Well, as is usually the case with real estate, it comes down to two things - cost and location.

  • You can buy property in Mexico for much less than it would cost in the United States.

  • Mexico is home to some of the most pristine beaches and tropical locales of anywhere in the world.

Put these two factors together, and you have an attractive package for real estate investors, retirees and transplants from north of the border.

Location: Where in Mexico?
When most people think of buying real estate in Mexico, places like Puerto Vallarta and Baja often come to mind. But there are lesser-known areas with just as much appeal. One such area is the city of Manzanillo in the state of Colima, Mexico. Manzanillo also shares sister-city status with St. Paul, Minnesota. There is even a Snoopy statue in the city harbor! 

The City of Manzanillo
Located just three hours southwest of Guadalajara, Manzanillo lies in the center of what has been historically called "The Gold Coast" of Mexico. This centrally located area of Mexico includes world-famous destinations like Puerto Vallarta and Acapulco, which have long attracted visitors because of their temperate climate and mountainous seaside settings.

The State of Colima, Mexico
Colima is a small state, sharing a border with the Mexican states of Jalisco to the north and east, and Michoacan to the south. To the west, Colima borders the Pacific Ocean. In addition to the capital city of Colima, the state's main cities include Manzanillo and Tecoman. The state has an area of 5,455 square km, with an estimated population in 2004 of about 571,000 people.

"Cashing in on a Second Home in Mexico" by Tom Kelly                    How to Buy, Rent And Profit from Real Estate South of the Border Author Tom Kelly is a journalist and author of several books. He even purchased a home site in Manzanillo! His book is available at local book stores and also on amazon.com. I would be happy to help you receive a copy of this most informative book.

Is it safe to buy in Mexico?
In a word, yes. The New York Times and several other newspapers have written stories about how "not one American has ever lost the property they purchased in Mexico when it was purchased from a legitimate company with proper title insurance.

How do I get there?
Direct service from the Twin Cities—NORTHWEST and SUN COUNTRY AIRLINES. CONTINENTAL, ALASKA, AMERICA WEST and other major airlines also schedule flights year-round.

The Attractions of Manzanillo
Manzanillo is the self-proclaimed "sailfish capital" of the world, and it hosts an annual international fishing tournament. There is also year-round fresh water bass fishing available too. If you are into golf, there are several outstanding golf courses available to accommodate all levels of play. A vibrant city of culture and charm, Manzanillo has escaped the "western" commercialization found in other cities in the region. Visitors to Manzanillo have described it as an "old seaside village where the sunsets last forever." Manzanillo was also the site of the 1981 motion picture "10" starring Bo Derek and Dudley Moore. The seaside resort, Las Hadas, where the movie originated from is located in Manzanillo.

Prism Companies                                                                                                                   Home ownership in Mexico for U.S. Citizens has become a secure investment and easier than ever. Find out more about how Prism Companies can help you with all of your financing options, Please register for a FREE NEWSLETTER:

  • Financing options similar to your home mortgage in the U.S.

  • Streamlined process using trusted vendors

  • Vacation home financing in popular destinations, such as Manzanillo and more.

  • FINANCING PROGRAMS ARE AVAILABLE FOR MEXICAN PROPERTY OWNERSHIP!

 

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