What's the price of a home, condo or apartment in Puerto Vallarta?

The prices of real estate here in Puerto Vallarta differs depending on the house’s location, age of the property, and the utilities. A basic three-bedroom, two-bathroom, 2,500 square foot house, in a safe neighborhood in Puerto Vallarta proper away from the beach would start at around $250,000. The same house in Lo de Marcos (a small town on the beach about an hour north of Puerto Vallarta) would start at around $150,000.

 

As an example, one of the...

The prices of real estate here in Puerto Vallarta differs depending on the house’s location, age of the property, and the utilities. A basic three-bedroom, two-bathroom, 2,500 square foot house, in a safe neighborhood in Puerto Vallarta proper away from the beach would start at around $250,000. The same house in Lo de Marcos (a small town on the beach about an hour north of Puerto Vallarta) would start at around $150,000.

 

As an example, one of the houses that I just sold recently in Lo de Marcos has a lot area of about a third of an acre. The house is 2,600 square foot with three bedrooms, three bathrooms and it costs $179,000. It is located four blocks away from the beach in a safe area. If you buy the same house in Punta de Mita (a high end area between Puerto Vallarta and Lo de Marcos), it would cost around $300,000. 

 

Generally, you can find anything that you want here in Puerto Vallarta and surrounding areas. There is a huge variety of real estate here from the basic houses in town all the way to the luxury $20-million villas.

 

(Offered at $105, 000, Casita Estrella is a two- bedroom home in the gated  community of Lo de Marcos,  near Puerto Vallarta, Mexico, pictured.) 

The average price of condominium in Puerto Vallarta is US $250,000. That would get you from 1,600 to 2,000 square feet, 2 bedrooms, 2 baths, brand new granite countertops, marble floors, common areas with a swimming pool, maybe a rooftop terrace on top of your building with a lounge and a gym.

 

Rooftop terraces have really become popular with condominium buildings because it’s a place where you can go and watch the sunset, with an infinity pool on the...

The average price of condominium in Puerto Vallarta is US $250,000. That would get you from 1,600 to 2,000 square feet, 2 bedrooms, 2 baths, brand new granite countertops, marble floors, common areas with a swimming pool, maybe a rooftop terrace on top of your building with a lounge and a gym.

 

Rooftop terraces have really become popular with condominium buildings because it’s a place where you can go and watch the sunset, with an infinity pool on the terrace.  (There is some really sexy, really beautiful design work that’s happening in the condominium sector for common areas here in Puerto Vallarta.) For that price, you can get elevator access right to your door.

 

If you want to jump up to the $400,000 to $500,000 range, you can get some really nice, beautiful and spacious properties. If you’re going to spend about $250,000, sometimes it’s not that easy to get a panoramic ocean view, but if you jump up to the $350,000 to $400,000 range, it’s easy to get an incredible view of the entire bay, and you get a bigger place.

 

Condos are the most popular part of the market right now.  To get a house in the $250,000 range it wouldn’t be in town in the tourist area, but they are certainly available.   

 

(Condo overlooking the bay, Puerto Vallarta, Mexico, pictured.)

The interesting thing about Puerto Vallarta is that you can either rent or own some very inexpensive places but you can still be in an okay area. The cost of a home, condo, or apartment is all over the range for almost every budget. In a hot zone, like the Old Town / Romantic Zone area, an older two-bedroom will cost you US $200,000 to $250,000. A newer condo costs $300,000. 

 

If you go to the 5 de Diciembre  area, a little north of downtown,...

The interesting thing about Puerto Vallarta is that you can either rent or own some very inexpensive places but you can still be in an okay area. The cost of a home, condo, or apartment is all over the range for almost every budget. In a hot zone, like the Old Town / Romantic Zone area, an older two-bedroom will cost you US $200,000 to $250,000. A newer condo costs $300,000. 

 

If you go to the 5 de Diciembre  area, a little north of downtown, which is more of a working class area, you could buy something there for $100,000 and be two or three blocks from the beach. It is affordable but it is not in some run down area where you will be afraid of walking down the street. It’s not a bad area at all and it’s only about three blocks from the beach and two or three blocks from the boardwalk so it’s still pretty safe. There was a condo that my wife and I lived in about 2 years ago which was nice, with two bedrooms and two baths and a balcony with an ocean view. Right now, it is for sale for $154,000. 

 

Here in Puerto Vallarta, real estate prices are all over. You can buy something for $100,000 up to several million, so there is something for everybody here.

 

(Condos by the lighthouse, Puerto Vallarta, Mexico, pictured.)

You could buy a nice, new, average, but small house in Puerto Vallarta for $150,000. You can buy one that's very large for $6 million. This is all within a very small area and not sectioned off into different parts of town. These properties are within a five-mile radius of this office. You've got diversity in construction.

 

The average price for a condo in Puerto Vallarta is around $250,000. The average price for a house is probably in that same...

You could buy a nice, new, average, but small house in Puerto Vallarta for $150,000. You can buy one that's very large for $6 million. This is all within a very small area and not sectioned off into different parts of town. These properties are within a five-mile radius of this office. You've got diversity in construction.

 

The average price for a condo in Puerto Vallarta is around $250,000. The average price for a house is probably in that same category.

 

For a $250,000 condo, you can get one that's 10 to 20 years old, about 2,000 square feet, and could possibly need some updating; or you can get a brand new condo that's about 1,100 square feet, but has an elevator and security service. The newer buildings are ADA-approved buildings that people could get in and out of easily. Some of the older buildings have a lot of steps and no elevators. You have an assortment of properties within the various areas in Puerto Vallarta. Many people prefer the older buildings because they feel like these are more Mexican. 

 

 

 

Some of the newer $250,000 houses are garden-style homes with three bedrooms, two-and-a-half baths, feel very contemporary, and have a very clean line look. A few traditional houses are trimmed in brick or Cantera stone and are quite often two stories. These houses are usually on a zero lot line or have common walls. 

 

(One level villa, Puerto Vallarta, Mexico, pictured.)

 

You don't find many houses built on lots with big lawns. The cost will bump to $500,000 to $600,000 for a large house on a lot size of 1,000 square meters (about a quarter of an acre) like what we would have in the States.