Baby Boomers are Starting to Get It -- SeaSide Residential Resort Communities in Mexico
San Felipe, Baja, Mexico (PRWEB) May 2, 2007 -- A Blessed Generation
Of all the generations that span the history of mankind, it is the Baby Boomers who have experienced the most exciting and economically prosperous times of all. Those of the Greatest Generation, who fought the World Wars, delivered an economy that was ripe for explosive growth to their children -- indeed, it wouldn't be inappropriate to call Baby Boomers a blessed generation.
Real Estate Investments by BB - General Trends
Baby Boomers are touching 60 this year. It is obvious that people in the age range of 40 to 60 are either already retired, or the plan for retirement is now beginning to weigh heavily on their mind.
A key market survey conducted by Harris Interactive gives solid insight into the present thinking of the Baby Boomer generation. Almost 60% of the survey respondents want their vacation homes to be away from an urban setting. Many are planning on selling their current homes that have greatly appreciated in value. For some this equity is a large part of their retirement planning. The trick is to find a dream home that is affordable. This will allow them to also utilize this equity as part of their living expenses.
The message seems to be clear -- the baby boomers are restless, they are not going to be in their present homes forever and are seeking a change of both home and lifestyle. And where else -- but away from the hurly burly and humdrum of city life?
Heading For Sunnier Climes, Not Far From Home -- Mexico
After spending a lifetime chasing money in crowded, polluted, and stuffy offices and factory floors in busy cities, the Baby Boomer generation longs for life that is totally different. To enjoy the goodies that this world has to offer. To be in the lap of Mother Nature, and yet partake in the material comforts that money in the bank can buy.
This perception has driven the Baby Boomers toward climes that are relaxing and soothing to the body and the mind. México has long been an attractive destination, with its exotic locales, sunny weather, intriguing history, and familiar culture, plus of course its proximity to home country, which is a bonus. The NAFTA agreement between Canada, the USA and México (initiated by yet another Baby Boomer, Bill Clinton), signed in 1994, opened up the possibility of México becoming a favorite place to retire. Today, more than a million Americans have chosen México as their home; indeed it is the largest group of Americans residing anywhere on the planet outside the U.S. And a majority of these residents and investors are Baby Boomers.
Residential Resort Communities
Savvy developers have imported the technology of "Residential Resort Lifestyles" -- a true-blue American concept -- into the country, with the result that for Baby Boomers, a home in a resort in México is truly a home away from home. These residential resorts are typically located by the seaside with all amenities that one can imagine -- swimming pools, a community center, recreation hall, nearby golf courses, theater, bar and restaurants, pizza, shopping mall, launderettes and wi-fi internet service.
The Baby Boomers who participated in various studies cited that rural areas where they could get affordable health care quickly was more important than the proximity to their favorite past time. However, as this generation throughout their lives has become accustomed to, they want it all. In Mexico, they get it all, access to affordable high quality medical facilities as well as the beach/golf lifestyle that they have been looking for. Many are choosing to settle in Residential Resort Communities in Mexico that are only a few hours drive from the USA for that additional peace of mind
Financing Homes in Mexico
For those that want to stretch their equity, there are now options for USA financing of homes in Mexico. Baby Boomers can sell their current homes and place only a portion of the proceeds into their home in Mexico as a down payment. Monthly payments will often be much less than their current payment on their "Raised the Children In" home. Buyers need to make sure that their ownership is insured, as part of the sales agreement, by a professional title insurance company. This protects the nest that the Baby Boomer is so assiduously building for themselves, post-retirement.
Final Word
It has begun to happen -- prospective retirees are buying their dream houses along the serene and peaceful coasts of México. While waiting for the big day when they actually retire, these Baby Boomers snatch long weekends from their hectic schedule and drive to or hop on to the next flight to their SeaSide vacation home. The moments spent at the waterfront are so relaxing and rejuvenating.
Playa de Oro and Playa San Rafael are Premier Residential Subdivisions, San Felipe real estate are marketed exclusively by SeaMexico Realty in San Felipe, Baja Mexico. They provide ownership in Gated Sea Side ocean beach real estate with USA Title Insurance just a 2 hour drive south of the USA border on the Sea of Cortez. SeaMexico Realty stands ready to partner in this market utilizing their years of experience in SeaSide Residential Resort properties in San Felipe, Baja, Mexico.
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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