Puerto Vallarta Real Estate Articles

In this price range, if you are looking for a condominium, the word “penthouse” is used more often. The exclusive top floors of the buildings with penthouses, command a higher price for their view and location.

For $400,000US, you can select an elegant three-bedroom penthouse in Conchas Chinas, or a chic European style two bedroom, two and a half bath in a new building in downtown.

The mountain of Amapas offers new contemporary condominiums of 2,500 –3,000 ft. of three and four bedroom with double master suites. Prices here in existing and pre- completion run $445,000US and $495,000US.

Other options up to $500,000US are a penthouse of 3,300 plus s.f. with three bedrooms, five baths in an established building in upper Conchas Chinas, or a three-bedroom penthouse on the Malecon or a two bedroom in a small unique building in lower Conchas Chinas.

Choices in the price range of $500,000US-$685,000US, offer a style of architecture from traditional Vallarta style to contemporary. Conchas Chinas and Amapas have the majority of condos in this price range. Three and four bedroom plans are available with high-grade interior finishes.

Pricing at $765,000US includes a building on the Punta Negra beach south of town. This three bedroom, five- bath luxury beach front condominium is one of 9 units in the complex.

New entries into this exclusive list of up to $800,000US include a rarely available five-bedroom penthouse on Los Muertos beach, and a large duplex to be built in Amapas.

Over $800,000US includes a 4 bedroom, four bath in Marian Vallarta and a four bedroom condo in the charming area of Garza Blanca. Sizes of condominiums in this price range, including decks, range from 3.500 s.f. to over 5,800 s.f. Some of these condominiums are large enough to have their own pool in addition to the common area one.

At the top of this price list are two condos in Amapas and Punta Negra for $900,000US and $995,000US. These large, custom- finished homes offer panoramic views or beachfront. These upper- end properties are in small buildings and have many upgrades in finishes and appliances and compete well with single family homes in this price range.

The Multi-list inventory in this category of location and price range offers 24 units for sale.

$400,000US-$975,000US VALLARTA AND THE SOUTH SHORE HOMES

You can begin your search with a remodeled villa in El Cerro for $425,000US. This single family home is designed in a traditional Mexican style and has a pool and view of the bay and town.

Upper Conchas Chinas is represented with an older home of three bedrooms with separate staff quarters and a two-car garage at $430,000US. At this same price, Alta Vista has a newly completed home of over 3,00n s.f. with pool on more than 12,000 ft. of land.

Lomas del Pacifico, overlooking Los Arcos from a vantage point in Mismaloya, offers a beautiful well-appointed traditional home of four bedrooms and separate staff quarters for $439,000US. You can also choose a location in the heart of downtown near art galleries and restaurants in a three level home that has commercial possibilities. In the downtown hills of Diciembre, there is a home of four bedrooms and four baths with views of the bay and mountain.

Close to downtown on the mountain of Amapas, you have several choices of homes of 4 and five bedrooms with a pool for under $500,000US. You have a selection of newer homes or remodels going as far south as Garza Blanca and Mismaloya.

Marina Vallarta has an elegant four bedroom, 5,000 s.f. home overlooking the golf course for $485,000US.

For $500,000US to $599,000US, there are villas in upper Conchas Chinas and a development site at Los Muertos beach for a small condominium project or hotel.

Marina Vallarta is represented on the 17th hole with a new home of 4 bedrooms of 4, 500 s.f. at $615,000US.

A Spanish style three-bedroom villa in Mismaloya with 180-degree views of the bay on a large lot has a price tag of $650,000US.

One of the most elegant homes in town is in El Cerro on a private cul de sac. The price is $690,000US for 5,400 s.f. with three bedrooms, three and a half baths, large garden and pool.

In a gated community on the south shore, there are resales of two homes of 4 bedrooms each for under $800,000US apiece. In addition to these two homes being custom designed and unique from each other, the appeal of their community adds to their desirability.

Real de Amapas is a private enclave accessible from the first entrance to Conchas Chinas. Four new homes on a hilltop have privacy and commanding views of the bay and town for 849,000US each.

The remaining inventory of villas under $1,000,000US includes a new four bedroom with high ceilings in Conchas Chinas and a three bedroom on the waterfront in Mismaloya, as well as a secluded 6 bedroom villa in Palo Maria.

Inventory from the Multi-list in this category is 35 homes and the majority are offered for sale with furnishings.

$400,000US-$849,000US
LAND IN VALLARTA AND THE SOUTH SHORE

If you wish to be around the golf greens in Marina Vallarta, a building lot of 1,500 meters is available for $412,500US or $275US per meter. Utilities are nearby.

Available for development at $475,000US is a tract of more than 10,000 s.f. of land in lower Conchas Chinas. This parcel is one block from the ocean and can support two homes or four large condominiums.

The south shore has two beautiful lots overlooking Los Arcos of over 850 meters each. Your lot here would cost from $590,000US to $625,000US.

There is one large tract of over 13,000 square meters in upper Conchas Chinas for $849,000US. This is one of the rare opportunities to build a small residential development in this area.

In the small town of El Tuito, approximately 45 minutes south of Vallarta there is a ranch for sale with more than 16 acres of land with citrus trees and creeks. The asking price is $464,000US.

$400,000US-$945,000US
HOMES AND CONDOMINIUMS NAYARIT

In Nuevo Vallarta on the main canal, you can enjoy a two-bedroom home built for entertaining with a large pool, party palapa and boat dock for $415,000US.

In the town of La Cruz de Huanacaxtle, choose a beachfront hacienda home of two bedrooms and study with pool and white sand for $450,000US.

Perhaps you want a new home in Bucerias on the beach or a 5-bedroom beachfront bed and breakfast for under $550,000US. Both are available for viewing by appointment.

La Penita de Guayabitas is further south with a large bay and rock outcropping reminiscent of the south side of Vallarta. Well-know architects have designed and built homes in this area. A four-bedroom home of 3,000s.f. is listed for $550,000US.

For $600,000US, you can purchase a three-bedroom penthouse at the beach in Nuevo Vallarta.

For $600,000US in Bucerias, you can select an 8 bedroom, 7 bath for rental income. Another choice in Bucerias for $650,000US is an 8 bedroom, 6-bath property of six separate units. If you want to open a small hotel, you can own 13 bedrooms and 16 baths for $945,000US.

The small exclusive gated community of Punta del Burro has been discovered. There are choices of a lot of 1,500 meters on this oceanfront beach for $480,000US. A three-bedroom home with new three-story casita is at the beach here for $645,000US. A rotunda style entry in a home of three bedrooms is $925,000US. All of these properties are beachfront.

Also here, a new residential section is being built of 4 single homes. Three bedrooms are offered at $975,000US and four bedroom homes at $1,450,000US. Attention has been given in the designing stage to pre-wiring for full satellite, entertainment and security systems. A private, well-equipped reverse osmosis water treatment has been designed to provide plenty of fresh water.

There are 22 properties in Multi-list area of Nayarit in this price range.

$400,000-$995,000US
NEW DEVELOPER PROJECTS-JALISCO AND NAYARIT

In the area of Punta Mita, a second building of 12 condominiums has begun with units starting at $490,000US. A re-sale of two bedrooms and two and a half baths next door is available for $485,000US. These new condominium buildings are on the flat sandy beach of Punta Mita at Anclote. They are close to the new golf courses in the north section of the bay.

The largest new community in Marina Vallarta near the golf course has 4 bedroom condominiums beginning at $530,000US. Amenities include multi-pools, elevator, tennis, volleyball, putting greens, concierge and valet service.

In Nuevo Vallarta, large developments with new golf courses offer 4 bedroom villas beginning at $770,000US. The appeal here is the large infrastructure of services and amenities within a water environment. The marina, ocean and beach give an owner access to a number of water activities.

In Vallarta, on a bluff overlooking the city is a gated community planned for 40 new homes. Two bedrooms begin at $460,000US. The marketing strategy is to offer single homes with private pools for under half a million dollars each.

Within the price range of $400,000US to under a million dollars, buyers have choices of over a hundred properties to choose from within the Bay of Banderas. In this upper price range, there are more choices of single-family homes and large luxury condominiums.

This article is based upon legal opinions, current practices and my personal experiences in the PuertoVallarta-Bahia de Banderas areas. I recommend that each potential buyer conduct his own due diligence and review. The Vallarta Multi-list has supplied information.