| The Puerto Vallarta Real Estate market has been | | | | development. Prices for condos have seen |
| one of the most preferred areas of Mexico in the | | | | increase in prices. For example, a condo that was |
| past few years. The real estate in Puerto Vallarta | | | | selling for 300,000 USD is now available above |
| has seen strong demand even in tough economic | | | | 450,000. |
| conditions basically because of wide choice of | | | | Vallarta has seen a strong influx of tourists and |
| investment options like beach front condos, | | | | expats from all over the world. This has fueled |
| vacation rental condos, rentals villas and lots. | | | | the growth of Puerto Vallarta Real Estate sector. |
| When a second home is mentioned, most people | | | | This is evident by the launch of big ticket real |
| conjure up an image of a beachfront villa in Costa | | | | estate projects by real estate majors from all |
| Vallarta, but reality is that for an average investor | | | | over the world. The tourist boom has also |
| looking for a second home with good ROI, condos | | | | boosted the local economy, created more jobs |
| are the best option. | | | | which have attracted people. Therefore, now not |
| Condo Homes for sale are in reach for most of | | | | only expats are buying homes but also locals who |
| the people looking for a vacation home in Puerto | | | | have benefitted economically from this increased |
| Vallarta. Condominiums are becoming | | | | tourist activity. |
| contemporary, luxurious and high end, sought | | | | Puerto Vallarta offers an eclectic life style which |
| after by an increasingly larger portion of real | | | | no other city in Mexico can offer. Puerto Vallarta |
| estate buyers. Buyers now look for condos that | | | | city is abound with art and music. City regularly |
| come with all luxuries and space that is usually | | | | hosts live concerts of diverse music, art galleries, |
| expected only with a home, but they also want | | | | beachfront sculpture displays and much more. The |
| to be able to just lock up their home and leave. | | | | local Indian culture scene is quite strong in this city |
| This is driving the demand and prices of condos in | | | | signifying that even though the city is modern, it |
| Vallarta. Million dollar condos are getting common. | | | | has not severed its umbilical chord with its past |
| Three bedrooms condos with over 3,000 square | | | | heritage. Lot of crafts and local wares are on |
| feet are increasingly popular with investors. All | | | | display and sale. |
| regions in Puerto Vallarta are witnessing this | | | | Another factor is for what a person pays in |
| strong trend. Condos at Punta Mita usually start | | | | property taxes alone in California , USA ; one can |
| around $1 million USD. Many projects in Conchas | | | | pay the property taxes and nearly all the |
| Chinas, Amapas are experiencing incredible | | | | operating expenses of a home in Puerto Vallarta. |