For those who don’t know about it, Manzanillo is a hidden gem located south of Puerto Vallarta. It is well known by its commercial importance in Mexico, since it’s the number one port on the Pacific Ocean operating thousands of containers a day. But besides the busy rush of containers coming in and out of it, Manzanillo is a very quaint little Mexican town with beautiful beaches and where you will be greeted by locals with warmth and enthusiasm as only Mexicans know how to do it. A little trivia fact is that this is the place where the famous Blake Edwards´movie “10” was filmed in 1979, featuring Julie Andrews, Dudley Moore and Bo Derek.
Manzanillo is home to many American and Canadian retirees, who chose to move here full time because they find the quality of life so much better than back home and because deep down, they fall in love with the “town” feeling that this little city has to offer; in that regard, Manzanillo has it all: year-round warm weather, gorgeous beaches to swim, snorkel, dive and do as many water sports as you can think of. There are amazing hikes with endless views and some even meander through lush coffee plantations.
New real estate projects are being built in the city and open new opportunities for investors looking to get involved with this beautiful city. Probably owing to its increasing popularity with expats and travelers and partially beacuase of the pandemic (when most people realized they could work from home), real estate in Manzanillo has been increasing at a rate of approximately 20 percent per year over the last two years. So if you are thinking about investing in a forever home, a second home or looking for an investment opportunity, this is the right time to look into the Manzanillo real estate market.
Fly-in market offers direct flights from cosmopolitan hubs, fueling demand during the peak-rate period of Manzanillo´s reliable, warm winters; while Drive-in market assures year-round demand from 7.5 million people living within a 4-hour drive of Manzanillo´s beaches, including the metropolitan centers of Guadalajara and Colima. Combining the fly-in and drive-in market throughout the season, weekdays, weekends, holiday periods and work travels assures a consistent operation and return of investment.
By Amaya Bielsa | Coldwell Banker Colimar, Manzanillo