Mexico in the News
Waterfront and view property have always had a strong track record for appreciation. Mexico is no exception to this rule, especially with the variety of homes at El Cid in Mazatlan, an established resort complex that features a championship golf course, waterfront homes and new marina famous for is sport fishing fleet. Properties in the area have averaged an annual appreciation rate of 10 percent for the past 10 years. For example, new two-bedroom, two-bathroom, golf-course condominiums in the El Cid gated community begin at $180,000. The same units were priced at $140,000 in June, 2008.
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