Vallarta & Riviera Nayarit
REAL ESTATE DEVELOPMENTS
Some of the most beautiful luxury homes and condominiums can be found in and around Puerto Vallarta and Riviera Nayarit, with many currently under construction and/or available for sale. This section offers information about many of these luxury homes or condominiums in and around Puerto Vallarta that are valued over $1 million dollars and that are currently listed for sale.
The most popular areas for luxury homes are Conchas Chinas, Careyes, Punta Mita and Costa Banderas, north along Riviera Nayarit, however beautiful properties can be found now along this entire coastline. For more information on these homes just click on the names listed above.
Listed to the right are a number of articles written by staff writers or professionals in their field about Puerto Vallarta real estate and related topics. Purchasing real estate in Mexico is not the same as in the USA or Canada, so it is worth reading up on the process before you begin your search. For more information you should consider contacting a real estate professional that is a member of Multi-List Vallarta.
Trends and Market
Real Estate Trends 2006-2007
The primary trend for the Vallarta real estate market over the past three years has been strong, continual growth that has been difficult for developers, realtors or buyers to keep up with.
Real Estate Trends Update 2005-2006
The growth of the Vallarta real estate market continues to be very strong, with sales tripling for the local real estate association’s MLS (Multiple Listing Service) and doubling for developers compared to the 2003-2004 season.
State of the Market
As the high-season ends and we look back at what transpired from November until April, we’ve seen the market go from one of denial to acceptance. By January, real estate developers could no longer ignore the fact that our market is no different than any other market in Mexico or the USA for that matter.
Real Estate Market Update 2008
Realtors, developers, potential buyers and sellers, all are looking at the local real estate market these days. So far, there have been few signs of any considerable change in the market that would give them a better idea about how things may go in 2008, especially when considering what is currently happening north of the border.
Real Estate Trends 2007-2008
For the past five years, we have prepared a list of trends we perceived to be taking place in the Vallarta real estate market. Information is gathered through interviews with real estate agents and developers, then compiled and reviewed for trends.
Living in Vallarta Full-Time
Useful Information for Vallarta Real Estate Owners
At the beginning of every year, you need to pay property taxes (Impuesto Predial). If they are paid in January, you receive a 15% discount.
Leaving the Dream in Good Hands
The taxi is waiting. The drapes are drawn and the door double-locked, but a pang of anxiety persists. After all, you’re leaving your special dream dwelling by the bay to fly north, while the pounding surf continues to spray the patio doors, and the balcony plants bake in the Vallarta sun.
Now that I have bought property in México
For a foreigner, buying property in Mexico is a new and different experience. Most foreigners spend time researching the procedure of buying property, setting up a trust or a corporation and becoming familiar with the different permits and costs required to close on a property transaction in Mexico. Letting Someone Else Do the Chores Cooking without having to do the dishes or even not cooking at all! A beautiful garden without the weeding! The availability of reasonable domestic help makes all this possible for most North Americans living in Vallarta, but be aware that the casual arrangement you make with Maria to straighten up your condo three days a week is a binding legal contract.
VALLARTA & RIVIERA NAYARIT
THE DREAMING PLACE TO LIFE
In recent decades, the Puerto Vallarta Real Estate area has grown from a small town on the beach, into a complete and thriving metropolitan, offering many excellent Mexico Condo opportunities, as well as beautiful villas with views of the bay and the surrounding mountains. As the city has grown, so has the number of American and Canadian retirees living in Puerto Vallarta; currently it is one of the larges Mexico Retirement communities, with a expat population of more than 50,000.
There are many reasons why Puerto Vallarta has been chosen by so many retirees as their new home; near perfect weather, which has an average temperature of about 72, beautiful beaches, and amazing views are a few of the top motivations. Another factor equally important is the convenience of living in a city that has all the conveniences and services a retiree may need. As the city has grown, and condos have sprouted up all across town, infrastructure has also been planned, expanded and improved to meet the needs of the new population. Roads are extensive an in excellent condition; modern hospitals with the newest equipment offer excellent health care.
With the recent municipal elections, those considering a retirement in a Puerto Vallarta condo will be happy to know that the new administration has announced a dedication to continuing maintaining this balance between growth and infrastructure development, dedicated to sustainability.
So far efforts from various organizations such as business and professional organizations of architects and engineers have brought a fairly organized growth pattern to Puerto Vallarta real estate, and the new administration intends to support and participate in these efforts.
This commitment can bring confidence to retirees and other real estate buyers in Puerto Vallarta that their condo purchase in Mexico will be supported by continued improvement of services and infrastructure. This means that enjoying retirement on one of Mexico's best beaches is easier and comfortable, knowing that necessities for a relaxing lifestyle will continue to be easily accessible.
