The ideal time to invest in a lifestyle asset is after amenities and infrastructure have begin to grow, but before a population and development boom fully take root. Existing infrastructure growth means investment is already flowing into the area. Before a population and development boom means prices reflect tremendous value.
Through meticulous research, the Vivo team sought to identify a destination on the verge of discovery, which optimized both lifestyle and investment factors. Palmarito Beach and Puerto Escondido reflect the perfect mix of tremendous, unspoiled natural beauty, growing infrastructure and costs per square foot that are the lowest they will ever be. The most exciting growth for this area is about to happen.
The Past 10 Years
The first traffic lights were installed in only 2005, and the population has since increased from 20,000 to more than 30,000. A new hospital, and a growing number of chain stores and car dealerships followed in short order – as will as a 300% increase in air passenger volumes.
The Next 10 Years
The local, state and national governments have begun major highway expansions, telecommunication upgrades and socio-economic development initiatives because population is expected to grow by another 50% over the next 10 years. In total, more than $50 billion is earmarked for infrastructure upgrades and development in the coming years.