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What is the Real Estate Market in Puerto Vallarta, Mexico like?

The Real Estate Market in Puerto Vallarta, Mexico is a solid investment with a steady and reliable appreciation in value. Puerto Vallarta´s combination of sunshine, strategic location, and relaxed lifestyle blended with modern infrastructure and conveniences has been attracting real estate investors from Canada, United States, Europe, and Mexico for many years.

The fact is that Puerto Vallarta is a small town, that is very famous. Everybody has heard the name Puerto Vallarta, so that is what they want to see. Although we have all these developments going up and down the coast (Riviera Nayarit, Tomatlan), Puerto Vallarta is still the famous town. Puerto Vallarta is where many foreigners have decided to retire.

Larry F. Clark has been in Puerto Vallarta for the last 25 years. He traveled all over the world, and when he finally came to Puerto Vallarta he realized he had found his home. Larry F. Clark has been working in Real Estate in Puerto Vallarta for those 25 years. He is a proud member of the Lighthouse Vallarta Real Estate team of professional realtors. In those 25 years he has seen recessions, devaluations, and still he has never seen the market drop like other parts of the world.

In this world economic crisis, In Puerto Vallarta, we still have not seen the market suffer losses. Buyers are holding back because they want to see how bad this crisis will be, or if it will affect the prices on the properties here in Paradise. The price reductions we are seeing, are normal. We have not seen price drops of 50%. Normal price drops are 10%. Sellers are not desperate to get rid of their properties down here because most of the properties are paid for. The fact of matter is that foreigners are still wanting to retire in Paradise. Even with this crisis, it is still a good option to invest in property in Puerto Vallarta and retire in Paradise, not to mention that our national buyers are also buying Real Estate in Puerto Vallarta. Lower cost of living, relaxed atmosphere, great weather year-round. Not to mention that Puerto Vallarta is one of the safest cities in Mexico. Puerto Vallarta is one of the most important destinations in Mexico. The Mexican Government knows this which is why Puerto Vallarta gets the attention it deserves.

The prices of Real Estate are higher than other parts of Mexico, but much lower than they are in parts of Canada and United States. The cost of living in Mexico is also lower than Canada and the US. So, you can live on the beach, with great weather, nice people, and stretch your buck to the fullest extent.

These are some of the reasons why the market in Puerto Vallarta has been steady for the last twenty five years that we know of.

In conclusion, we at LIGHTHOUSE VALLARTA REAL ESTATE COMPANY, think that the appreciation and rentability of Puerto Vallarta Real Estate will keep strong and steady for many years to come.

Financing is an option that became available in 2007, which is the reason why most of the properties are paid for. Up until then, the only financing available was for Mexican Nationals. Foreigners would use their equity at home to buy homes, condos or villas in Mexico. Even though the interest rates are higher than the U.S.A. or Canada, they are still lower than a Pesos based loan. Considering at least 15% appreciation in value of property per year, it is still a great option. Please take a look at our Financing page to get the full details. Contactus

Yes, foreigners can legally own in Mexico. Learn about the Bank Trust The Buying Process