Do you love visiting Mexico and dream of owning a vacation home there? Many visitors fall in love with the country’s rich culture, amazing climate, and stunning natural beauty. Plus, the food is incredible and the cost of living is typically less expensive when compared with other countries. If you want to invest in real estate properties in Puerto Vallarta, there are a variety of excellent options available. For example, you can buy a single family home, a condominium, or even join a vacation club. It really depends on how often you want to visit, how much space you need, and what kind of amenities you desire. As far as top locations in Mexico, Puerto Vallarta is a great choice. Today, the former fishing village is an ideal mix of old charm and modern day conveniences that investors from all around the world appreciate. Keep reading below about types of real estate investment properties in Puerto Vallarta.
Condominiums with Amenities
One of the most popular real estate options in Mexico for investors are new condominiums. As a vacation home or full-time abode, they really offer a lot of value. Firstly, there are many brand new developments in Puerto Vallarta or projects that are currently under construction. Depending on location, number of bedrooms, and price point, the options are truly endless. Plus, most new condominiums in Puerto Vallarta come with excellent amenities such as pools, gyms, spas, green spaces, and more. That way, whether you are at your vacation home or renting it out, every day will feel like a dream thanks to incredible amenities. Plus, a condominium is low-maintenance. Today’s homebuyer doesn’t want to waste a bunch of time dealing with expensive renovations or time-consuming repairs. As a result, a new condominium is a top choice out of the available types of real estate for sale.
Single Family Homes
Another type of real estate in Puerto Vallarta are traditional single family homes. However, one big difference about houses in Mexico is related to lot size. Generally, lot sizes are much smaller when compared to houses in other countries. Sometimes, neighbors even share walls of the main dwelling as well. There are older, single family homes available in the established neighborhoods in Puerto Vallarta that have great access to the city’s amazing restaurants, beaches, and bars. In general, older homes have authentic Mexican charm, but sometimes need a lot of work and upkeep due to the property’s age. In addition, there are newer, larger modern homes in some of the newer neighborhoods that often have gated access and 24-hour security, too. However, many of these neighborhoods are in locations that don’t have great access to restaurants and shops close by. What are you looking for in a vacation home?
Timeshare Ownership Properties
Another investment option for people wanting to spend time in Puerto Vallarta is timeshare ownership. Also known as a vacation club, timeshare owners lock in today’s low rates to prepay for future vacations. By doing so, they enjoy the perks of having access to a vacation unit for a set period of time each year. Many people enjoy the resort life and the amenities and services that come with that. While there is an investment required as well as monthly dues and maintenance fees, timeshare ownership is a good choice for travelers who don’t travel as often. Plus, it’s a lower investment level than buying real estate, so it could be a good option for people who want the feel of having a vacation home in Mexico without a significant investment. In Puerto Vallarta, the most exclusive vacation clubs are only for eligible individuals who meet certain criteria.
If you’ve been to Puerto Vallarta and want to buy property in the area, what type of Mexican real estate are you interested in? It may be that a new condominium with incredible amenities is the perfect balance. It’s like having the best of both worlds. Condominiums offer the privacy of owning your own home but with the added convenience of resort quality amenities right at your front door. Plus, if you buy real estate from a quality developer, you know that you are making a wise investment in your vacation home. Also, location is really important when choosing real estate, so the most desirable properties tend to be beachfront. If you want to live a luxury lifestyle, look into investing in an upscale beachfront condominium in Puerto Vallarta. That way, your vacation home is low-maintenance, high-quality, and will help make every moment spent in Mexico feel ultra special.
About Lemuria Real Estate
Ideally situated on Puerto Vallarta’s exclusive South Shore, Lemuria Residences is a new luxury condominium complex that belongs to a Master planned community designed by the prestigious Gensler Global Architecture firm. The ecologically planned themed property includes more than 1700 acres of preserved Sierra Madre jungle with stunning views of the mountains and Banderas Bay. The outstanding onsite amenities include multiple pools, BBQ areas, restaurants, a 2000 square meter spa, Sports Club, gym, tennis courts, pickleball courts, organic herb garden, and yoga spaces. There are also freshwater rivers and private hiking trails located nearby so it’s the ideal place to invest if you want to be close to nature. Contact Lemuria Residences today to learn more about our luxury beachfront condominiums for sale in Puerto Vallarta.