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Puerto Vallarta

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Baja Mexico

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Puerto Vallarta real estate has experienced phenomenal growth in recent years, often underestimated and not receiving as much attention as the supposed more popular property markets in Mexico as Cancun and Los Cabos.  Although these two such destinations are appealing, the real estate in Puerto Vallarta has now become the largest resort real estate market in the whole of Mexico.  Statistics have shown that more Americans own property in Puerto Vallarta than in any other city in Mexico.  Whether it is because of its beautiful Pacific coast beaches, perfect year-round climate, low-priced cost of living, top-class dining, championship golf, or excellent sailing and associated facilities, Puerto Vallarta offers the property investor, or holiday or retirement home buyer many reasons to buy property in Puerto Vallarta. 

 

With an American population of over 20,000 in Puerto Vallarta, the amenities in the town are excellent, from medical centers to major banks, large supermarkets, and quality dining, many people have found Puerto Vallarta a realistic destination for either part or full year-round.  Property prices are still very reasonable when considered with the other popular destinations for foreigners purchasing property in Mexico.  With condos starting at around $150,000 USD, homes starting from around $250,000 to $500,000 USD, and luxury beachfront properties ranging from $1 million to $5 million USD.  Puerto Vallarta still offers value for money and a wide variety of price ranges to suit any budget.

 

There are also a large number of major American and Mexican banks that are now lending to foreigners keen on purchasing property in Puerto Vallarta.  And it is becoming increasingly common for many property developers to also offer to finance to purchasers, whether foreign or local.

 

Puerto Vallarta’s location makes this property market a very popular purchasing market.  Only a little over 3 hours to Guadalajara, Mexico’s second-largest city, or a 3-4 hour flight to several major destinations in the USA including California, Texas, and Arizona, there is no reason to tire of Puerto Vallarta’s relaxed and laid back atmosphere.  Nestled between the Pacific coastline and the lush SierraMadreMountains, and built around one of the largest bays along the Pacific coast, the real estate available seems almost endless.  If you are looking for a property with stunning views from above the city and bay, then there is much property available nestled into the hillside surrounding Puerto Vallarta.  If central city living is what you prefer, then the options are varied.  If you desire beachfront living then you have over 150 miles of coastline to choose from, or if you prefer exclusive living on one of the many championships famously designed golf courses, or top-quality marinas, then head south and you’ll find that Puerto Vallarta real estate will not disappoint.  For those who are looking for top quality, luxury, and boutique real estate to purchase, then head north, where there is much property development in Puerto Vallarta going on.

 

Mexico’s ever-increasing tourism industry, which is becoming more and more popular with visitors from every corner of the globe, its government’s focus on increasing and strengthening trade with other major countries around the world, and it's benefiting from the global increase in oil prices (Mexico has one of the world’s largest oil reserves) has all helped to stabilize and increase Mexico’s economic growth.  Its now booming real estate market in the major areas such as Puerto Vallarta gives the buyer a positive outlook for the future as prices are set to continue to increase significantly with strength and stability.

 

As you will discover, whether through research or by visiting Mexico, the Mexican property market is strong and looks set to continue on its path upwards.  As more and more foreigners are looking for a lower cost of living, a relaxed lifestyle, and the opportunity to purchase a property that still remains very reasonably priced, one cannot look past Puerto Vallarta real estate.

 

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