mericans have been buying like Puerto Vallarta and Baja
real estate in Mexico for often come to mind. But there are
decades, but the trend has lesser-known areas with just as
increased considerably in recent much appeal. One such area is the
years. city of Manzanillo in the state
of Colima, Mexico.
What's the primary reason for
this? Well, as is usually the The City of Manzanillo
case with real estate, it comes
down to two things -- cost and Located just three hours
location. southwest of Guadalajara,
Manzanillo lies in the center of
The cost factor is obvious. You what has been historically called
can buy property in Mexico for "The Gold Coast" of Mexico. This
much less than it would cost in centrally located coastal area
the United States. As for the has long attracted visitors with
location factor, Mexico is home its temperate climate and
to some of the most pristine mountainous seaside settings.
beaches and tropical locales of
anywhere in the world. Put these The State of Colima, Mexico
two factors together, and you
have an attractive package for Colima is a small state, sharing
real estate investors, retirees a border with the Mexican states
and transplants from north of the of Jalisco to the north and east,
border. and Michoacan to the south. To
the west, Colima borders the
But Where in Mexico? Pacific Ocean. In addition to the
capital city of Colima, the
When most people think of buying state's main cities include
real estate in Mexico, places Manzanillo and Tecoman. The state
has an area of 5,455 square km, "western" commercialization found
with an estimated population in in other cities in the region.
2004 of about 571,000 people. Visitors to Manzanillo have
described it as an "old seaside
The Attractions of Manzanillo village where the sunsets last
forever."
Manzanillo is the self-proclaimed
"sailfish capital" of the world, * You may republish this article
and it hosts an annual online as long as you keep the
international fishing tournament. hyperlinks active.
A vibrant city of culture and
charm, Manzanillo has escaped the
About the Author:
Want to learn more about buying property in Manzanillo, Mexico? Schedule a tour of Cascadas de Manzanillo, a luxury resort community in Manzanillo that overlooks the Pacific Ocean. Visit their website for tour information, photos and more. Online at: http://www.vivacascadas.com
Read more articles by:
BR Cornett
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