Hartlepool, United Kingdom (PressExposure) April 23, 2009 -- Mexico is benefitting from the credit crunch in America, as more American's are looking for exotic destinations closer to home, and Mexico is becoming a favourite.
Mexico has a favourable Latin American climate and some of the best beaches in the world. It has long been one of the top tourism destinations in the world, with places like Cancun and Acapulco being famous around the world -- if for very different reasons.
Overseas property portal Property Abroad is currently having a big push on Mexico properties, which it says are equally perfect for investors as they are for lifestyle buyers.
"Incredibly, owners of holiday property in Mexico have continued to earn good money throughout the credit crunch. And now their figures are increasing as more American's begin to look for exotic and warm destinations closer to home," said Les Calvert director of the portal.
"The credit crunch has given Mexico the chance to show that it has a resilient tourism industry that can withstand global downturns. This will make it very attractive to investors in future, and we advise people to get in now before prices go up," explained Calvert.
Property Abroad is currently advertising dozens of properties for sale in Mexico, with prices starting from Â£222,000.