Real Estate in The Ribera region certainly has been afected by the sluggish world wide economy, neverthlees optimism among investors and realtors still holds very high.
This of the changes felt recentlyis that realtors don´t face the traffic of people they were accustomed to, instead,fewer prospects but more serious investors are looking to acquire real estate at a good bargain price. Furthermore, those bargains that the investors are looking for are beeng materialized since, now builders and property owners are more willing to negociate the final price and/or terms of the purchase.
Another change felt recently, is that, for the most part, home sales have concentrated in properties located in private, new developments rather than in older, busier areas. This can be explained since people, in addition to looking for privacy and security, are more enticed to purchase new houses, rather then properties that will require time and money to be repaired and maintened.
What has not changed is the fact that investors are still looking primary for an affordable-good life style, and this they can find and enjoy in this great area with its beautiful natural assets that are, among many others, good climate and formidaable views, adding to these good qualities, services that carter to their needs and friendly welcoming people.
By Marina Vera Soria
El Informador
iario Independiente
Tags: ajijic investors, ajijic properties, ajijic real estate, chapala, economy crisis, Real estate, world wide economy
