Ever wish your vacation lasted a few more weeks? What about years?
You have been vacationing in Puerto Vallarta for years, whether you went every year as a kid with your family and have continued the tradition as an adult, or you've only recently discovered Vallarta and keep coming back again and again, there is, as you know, no place like Puerto Vallarta. And while vacationing here in tropical paradise is great and all, you find yourself wanting more. Well, now is your chance to invest in Puerto Vallarta!
Whether you're looking to buy a vacation home or looking to relocate full-time, there's never been a better time to invest in Puerto Vallarta real estate. And let's be clear, when we talk about Puerto Vallarta and the Bay of Banderas, we are referring to the areas from Punta Mita to Boca de Tomatlan, and even further down the southern coast into the Sierra Madre Mountains. So, needless to say, there are many areas to explore, and many areas to invest in.
Is it complicated?
Buying real estate in Puerto Vallarta means an easy and quick return on investment. Yes foreigners can OWN land here, it's NOT a lease. With rental demand skyrocketing, owners continue to see their properties not only pay for themselves, but also generate very positive income. From November through April, during the time of year known as high season, rental demand reaches an all-time high, and prices increase to meet this demand. These months are the best months for owners, as there is an effortless return on property investment and extremely positive income generation. Buying a property for rental use is easier now than ever before.
What about my budget?
With one development after development being built, there are hundreds, if not thousands of condo units to choose from in all areas of the Banderas Bay. You can choose to purchase a 1bd/1ba Venecia unit in the up-and-coming Versalles neighborhood for as little as $163,000 USD, or you can opt to purchase a more luxurious 3bd/3ba Xalli condo overlooking the famous Los Arcos for $786,000 USD. The possibilities are endless. Luxury properties are an incredible investment, as nightly rental rates for many luxury villas reach $10k USD, if not more. Not to mention, luxury properties continue to be in high demand. Regardless of the property and the area in which you decide to purchase, you will undoubtedly see an easy return on your investment.
How do I manage rentals?
Coldwell Banker La Costa's rental department is here to take the pressure of property management off of you. When you list your property for rent with us, we take care of everything from booking clients, arranging check-ins, concierge services and much more. Coldwell Banker La Costa's rental department makes your investment property much easier to manage.
Not only are we seeing incredible seasonal rental potential, but in the last year there has been a huge shift in the work-from-home culture, mostly due to COVID19. Today, many jobs are remote, giving employees the freedom to relocate without having to change jobs, quit or retire. This means that relocation is happening right before our eyes; people looking to buy property for full time relocation, people looking to rent long term, people traveling and renting short term year round are all trends we continue to see in the Puerto Vallarta real estate market.
Not only are rentals an incredible asset to investing in property in the paradise of Puerto Vallarta, but property values continue to rise across the board as we see a real estate market in Puerto Vallarta like never before, a market that shows no signs of slowing down. With the popularity of both relocation and the city of Puerto Vallarta on the rise, there is a great demand for property in Banderas Bay. This means that a home you buy today for X amount of dollars will be worth much more in the next few years. The return on investment not only has to be through rental potential, it can mean a much higher property value when you are looking to sell or upgrade your property in paradise. The time to buy is now!
Why Puerto Vallarta?
Puerto Vallarta is unlike any other tourist destination in Mexico. Home to both the Sierra Madre Mountains and the beautiful, tranquil beaches of Banderas Bay, Puerto Vallarta offers the best of both worlds: land and sea. It's airport also serves most of the major US and Canadian cities as well as access to Guadalajara and Mexico city. The jungle, full of freshwater rivers, breathtaking hikes and exhilarating action sports such as ziplining and ATVing, along with its proximity to sand and sea, offers visitors and residents alike something that no other place in Mexico can offer. The activities, culture and dining experience keep people coming back year after year, while others choose to call Vallarta home year-round.
The possibilities for investing in Puerto Vallarta are endless! You can become a proud owner of a hotel, buy a vacation home to rent out when not in use, or you can buy a property to live in year-round, feeling safe in knowing that the value of your property increases exponentially as time goes on. Puerto Vallarta is still a fairly new city, and although it has years and years of culture and tradition behind it, it has come a long way from its beginnings as a small fishing village. In the last 15-20 years, Puerto Vallarta has undergone important and significant changes, paving the way for better accessibility and redefining Puerto Vallarta in the eyes of residents and visitors alike. Now, Puerto Vallarta is one of the top three places to visit in all of Mexico and is quickly becoming one of the most desirable residential locations. Not only is our tourism market booming, but also our real estate market, as people are moving to Puerto Vallarta like never before. All over the world, and especially in the United States and Canada, the real estate markets do not have enough supply to meet the demand. Luckily for us, here in Puerto Vallarta, there are homes being listed daily. So, in simple terms, the time to invest in Puerto Vallarta real estate is now, while inventory is still large and prices are still small. With unlimited investment possibilities, Puerto Vallarta is the only place to invest in real estate.
The time to invest in Puerto Vallarta is now! Whether you want to live in Puerto Vallarta full time or buy a vacation home that you can rent out when you're not using it, there are properties and options tailored to every need! Regardless of how you are looking to invest in Puerto Vallarta real estate, there has never been a better time to do it. Contact us to set up your own free MLS search portal.
Ever wish your vacation lasted a few more weeks? What about years? We left the daily grind in California to live and work in Mexico and now help others do the same! From assistance with residency visas to property rentals and purchases to digital nomad networking, we are here to help people take that leap towards living in paradise. DM us your questions! Or follow us on Instagram for a peek at what it’s like to live the #mexicolife