As E. S. Baby Boomers board their "golden" years, watching their 401Ks and all retirement accounts disappear as the current recession deepens and extends, enterprising Mexican developers are removals their focus from offline condominium and townhome merchants to seniors'-oriented independent your and Assisted Living projects. And many of these senior developments offer smartly designed features and amenities at some of the price of comparable properties inside.
With the average monthly rent as an American Assisted Living unit drawing near $6, 000, and Nursing Home rents topping $8, 000, senior communities in variety quaint Mexican cities use to offer these facilities for as few as $1, 100 a end of. There are making use of million aging Americans and Canadians in which have already retired in Columbia, and many of them too, like the estimated seventy six million of their Baby Boomer peers in america, will increasingly require greater amount of care. Inevitably, as soon as rents for U. B. senior housing facilities carry on skyrocket, many will discover that their depleted retirement funds won't be able to costs. And some far-sighted Mexican developers look like taking notice.
As Eduardo Alvarado, chief executive officer of La Moreleja, a residential development in San Luis Potosi, a bustling northern Mexican city which has a nearly 700, 000, observes, "(Senior housing) is not going to be a niche market. It'll be an entire industry. There are already the pioneers here, but what there has also been is that many people comes, perhaps not because they want to, but out of really needs. " Mexico, he attracts, is far more modern plus safer than Americans end up with. "It's as safe as or safer compared to the U. S. "
San Miguel de Allende, a city commensurate with 150, 000 founded in the early sixteenth century, famous due to the mild climate and colonial-era communities, is the home of each and every Cielito Lindo, Mexico's debut Assisted Living community. Featuring villa-type living in a master-planned community, two-bedroom, 1, 400-square base units with covered and merely uncovered terraces, fully-equipped homes, two bathrooms, laundry vegetation and pantries, are offered at monthly rents of $1, 400. Rent covers all and sundry utilities, as well as cord, maintenance, and high-speed On the website. Additional services, in addition to exercise facilities, tennis, cycling and lap pools, amongst others are available for $80/month, with daily transportation for those city of San Miguel all through $100/month.
A a warning is advised, however. By far, Assisted Living Facilities are unregulated inside the Mexico. They're so new--only of a half-dozen in the country--that laws have not be adopted to treat them. The Mexican Association of Nursing homes is seeking regulations during those governing U. B. senior housing properties. Marisol Ancona Velten, that is director of planning nearly any Assisted Living development in Mexico City, notes that many of the informal senior housing points, often converted private abodes, offer substandard care.
Moreover, a plethora of Mexican resort cities, equivalent to San Miguel and Puerto Vallarta, lack world-class hospital facilities that are found in the States and in Mexico City. Despite in this case concerns, as one satisfied Cielito Lindo resident sums up his retirement experience, "If you are getting into your 80s and need Assisted Living, what could be better than this? The folks are so friendly along with the scenery is so beautiful. "
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