What is the cost to buy land or a lot in Puerto Vallarta?

The price of land in Puerto Vallarta is all over the place because just like anywhere else we have neighborhoods that are dense and considered highly desirable because they’re close to the beach or maybe they’re nestled in the side of a mountain.  And then we have the areas inland and further from the beach and town.

 

And Puerto Vallarta is big.  It’s the entire Banderas Bay area, which covers a lot of miles.  Much of it is...

The price of land in Puerto Vallarta is all over the place because just like anywhere else we have neighborhoods that are dense and considered highly desirable because they’re close to the beach or maybe they’re nestled in the side of a mountain.  And then we have the areas inland and further from the beach and town.

 

And Puerto Vallarta is big.  It’s the entire Banderas Bay area, which covers a lot of miles.  Much of it is ocean front and much of it inland.   The good news is that someone coming down to buy a starter home or vacation/retirement property who didn’t need to be right near the beach, could buy a beautiful little house or condo for $50,000 to $100,000.  The prices can go up well into the Millions for luxury beach front property in prime areas.

 

A 3-bedroom, 2-bathroom home, 2,000 square feet in a nice, safe neighborhood, not on the beach but maybe 10 minutes away, would cost $150,000 to $200,000 for the home and the land.

 

(A little town only accessible by boat in Banderas Bay, Puerto Vallarta, Mexico, pictured.) 

The cost to buy land in Puerto Vallarta depends on the location. Where we bought land, it’s getting more expensive. We knew the owner of the property that we bought so we were able to get a good deal. In the area where our property is, everything’s selling for $100,000 - $250,000 per lot, depending on how close to the beach it is. There are other areas that are not too far from the beach, such as half a mile from the beach but more inland, which would probably cost half...

The cost to buy land in Puerto Vallarta depends on the location. Where we bought land, it’s getting more expensive. We knew the owner of the property that we bought so we were able to get a good deal. In the area where our property is, everything’s selling for $100,000 - $250,000 per lot, depending on how close to the beach it is. There are other areas that are not too far from the beach, such as half a mile from the beach but more inland, which would probably cost half the price. I just happened to buy property in a hot area where everybody’s building.

 

A $100,000 property would be an entire 200-square-meter lot that’s about six to eight blocks from the beach. Most of the lot sizes are going to be that small or even smaller in the most popular area, which is an Old Town. It would be cheaper in some other zones, but it’s where all the restaurants are and condos are going up. In some other less expensive areas, it would probably cost half of that.  

 

 

 

(Colorful neighborhood in Puerto Vallarta, Mexico, pictured.)