A growing market
According to the last Real Estate Market White Paper launched by Lamudi in 2018, Jalisco obtained the fourth place with the highest sales prices of the national market, with an average over 5 million pesos (258,666 USD*).
This means that the western state has an upward trend due a regular growth of its regional economy and because is a strategic trade point to the entire country.
Also, Puerto Vallarta, a municipality that belongs to the state, is recognized as one of the most important touristic spots in the Mexican Pacific, bringing a big amount of investment in different aspects. A good example could be the building industry and real estate.
The values of Houses for sale in Puerto Vallarta aren’t far from ones mentioned above. Nevertheless, you can find different rates depending on the neighborhood or location in the town. You may choose a place starting from 1.2 million pesos (62,080 USD*) in Ixtapa area (82 m2) or a 630 square meters villa in Conchas Chinas with a top price of 24.3 million (1,257,000 USD*).
This big houses for sale in Puerto Vallarta Jalisco regularly include swimming pool, terrace and garage. And in this case, you can find nine bedrooms with full equipped restrooms each.
Other fact to consider is its privileged location, its connection with Bahía de Banderas (half Jalisco and half Nayarit) expands the boundaries of the places you can discover, or the deliciousness you can taste along their different counties.
Houses for sale in Puerto Vallarta, Mexico
Most of the people have the perception that Puerto Vallarta is becoming a place where elder Americans and Canadians pass their retirement, but that isn’t true enough. Other generations, such as Generation X (35-45 years old) and Millenials (24-44 years old) are deciding to move down there.
That’s because Vallarta is bringing high levels of safety quality of life, and the hospitality industry is growing parallely with their economy, attracting lots of new employees. Health services are gaining importance with an overall of 30 institutes that take care of the population around, but the number of building is increasing because the rise of inhabitants moving.
A land of stars
Not only the sky of Puerto Vallarta are full of stars, some of them decided to come down and established their vacational properties such as Elizabeth Taylor, the actress who enchanted Hollywood with her mind blown performances.
Meanwhile, when Taylor bought the house, she was immerse in a romance with the actor Richard Burton, who played the character of Reverend Dr. T. Lawrence Shannon in the John Houston film “The Night of the Iguana”, which took place in this pristine town.
Since then (but not the only reason), the interest of the inmobiliare market for expats started to emerge.
Somehow, Puerto Vallarta became the other option for national travelers after Acapulco (municipality in the state of Guerrero: used to be the common place to visit due the closeness with Mexico City and the central area of the entire Mexican Republic).
Now, many citizens from Guadalajara (the main city of Jalisco), ride down to the beach each holidays to enjoy their houses for sale in Puerto Vallarta.
Things you can eat and enjoy in-site
The regional food is abundant of flavour and colour. One of its flagship dishes is La Torta Ahogada, a drowned cake, bathed in red broth and stuffed with meat, or a delicious shrimp Pozole (a soup prepared with corn and other local products), accompanied by a shrimp michelada (beer with ‘ black sauces’ and shrimp) to refresh the mouth.
It doesn’t matter the season, during your visit, go fishing (catch and release), it doesn’t matter the season, you will always find lots of samples of seabass, snapper, swordfish, marlins, etc.
Even Though, you can rent an ATV or other off-road vehicle and explore the tropical forest, or paddle across Punta Mita’s clear waters.
*Banxico.org.mx – $19.33 MXN/USD (03/13/2019)
