As Cost of Living Increases, Boomers Look Abroad for New Homes.Long-Term Projected Rise in Healthcare and Gas Prices Have Boomers Looking to Mexico for Retirement LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- An ever-increasing rise in the cost of living has Boomers concerned about life after work. In search of affordable healthcare, reasonable gas prices and a lifestyle comparable to home, retirees and second home buyers are looking abroad for new residences and finding them in Mexico's Yucatan Peninsula, one of Fortune Magazine's "Top 5" picks for residential real estate investment. Based on surveys conducted on over 200 websites within TheUSARealty.com's network, Matthew Nussbaum, principal of www.TheUSARealty.com, compiled a list of traits buyers desire in their ideal retirement or second home. They include: * Big Lifestyle for Less Money * Attractive Climate * Rich Cultural Tradition * Low Crime Rate * Excellent Healthcare * Convenient Location * American-Standard Conveniences * Abundant Recreational Activities "Retirees want to make a good investment while reducing their living costs," said Nussbaum. "Low property taxes and inexpensive healthcare are a few things that make retirement easy and enjoyable in Mexico." One of the hottest areas for development is Merida, Yucatan's picturesque picturesque, term used in 18th-century England to refer to a landscape that looked as if it had come out of an academic painting. Used as derogatory criticism of such painting, the picturesque was considered pretty rather than beautiful. capital. Located near Mayan ruins, Merida is home to the oldest cathedral in the Americas yet modern enough for a Porsche dealership, full-service Costco and a new luxury development: Flamingo flamingo, common name for a large pink or red wading bird, similar to the related heron, stork, and spoonbill but with a longer neck, webbed feet, and a unique down-bent bill. Flamingos are tropical birds, although large colonies have been observed high in the Andes. Lakes Resort. Yucatan's year-round tropical climate A tropical climate is a type of climate typical in the tropics. Köppen's widely-recognized scheme of climate classification defines it as a non-arid climate in which all twelve months have mean temperatures above 18°C (64.4 °F). , superb healthcare facilities, affordable cost of living and low crime rate have attracted many to the master-planned community. Don Klein, a recent buyer, remarked, "Since I will be on a fixed income after retirement, my new home had to be in a safe and affordable place where the grandkids would visit." Conceptualized to make residents feel like they could be anywhere in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Flamingo Lakes Resort will combine 21st century living with rich local heritage. The resort will be highly amenitized and include a private beach club, marina, 18-hole Championship golf course, 9-hole Executive golf course and country club, spa and health center, sports club A sports club, athletics club or sports association is an eclectic institution oriented to multiple sports, which fields many teams and has varied sports departments in several sports, working under the same umbrella organization. and bar, equestrian equestrian a rider of horses. club, tennis courts, hiking hiking Walking, often among hills or mountains, as recreational sport. It represents an activity in its own right and also figures in backpacking, camping, hunting, mountaineering, and orienteering. and cycling trails, shops and restaurants. To learn more about Flamingo Lakes, interested buyers are encouraged to visit www.flamingolakesresort.com or contact the onsite sales office at 310-691-2398. |
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