September 2014: Puerto Vallarta—Killer Deals if You Know  Where to Look; Risky Business if You Don’t

September 2014: Puerto Vallarta—Killer Deals if You Know Where to Look; Risky Business if You Don’t

Puerto Vallarta—one of Mexico’s most popular expat destinations—is home to an estimated 50,000 North Americans. It has endless beaches, marinas, and a yacht club. But California money helped turn a sleepy, stable market into a crazy mess. In the aftermath, we may find opportunity.

Icaraí de Amontada—Brazilian for “Cheap, Beautiful Beachfront”

Icaraí de Amontada—Brazilian for “Cheap, Beautiful Beachfront”

Natchi and her husband own the biggest guesthouse in town and business is booming. Wind energy is a big deal in this part of Brazil. When I stayed in their place—midweek during off-season—the place was packed to the rafters with 45 wind-energy workers. This is Icaraí (pronounced ick-areye), the closest town to the nearby wind farms. But sheltered in lush vegetation and right on the empty beach…this certainly doesn’t feel like a frontier energy town. It’s a tropical paradise.