Composed of 72 units distributed throughout three six-level towers, Distrito Coral is a new condominium development currently being built in the city-center of Puerto Vallarta.
To learn about its main characteristics, the Vallarta Real Estate Guide editorial team spoke with the architect Eduardo Gómez Topete, director of the Distrito Coral project, who share the details and characteristics of this construction project. The development construction began in July 2020 and is currently at 20 percent completion.
“Distrito Coral is designed both for the permanent residents of our community, as well as for the visitors who reside temporarily. It is a condominium project that, since its inception, has been developed with the highest quality standards,” he explains.
Located on María Montessori Street, within the North Hotel Zone of Puerto Vallarta, Distrito Coral features a variety of activities in the vicinity such as a beach less than one-half mile away, shopping centers, hospitals and various dining and entertainment options (such as casinos, hotels, bars, cafes, gourmet shops, boutiques, organic markets and nightclubs, among others).
“Distrito Coral is located in an exclusive area of Puerto Vallarta. By purchasing in this development, you will get peace of mind and a quality home. Furthermore, in the short-term, you will have a fully developed condo community, which will increase the value of this investment.”
This development will have amenities including security and controlled access, business center, gym, pool on the ground floor, games area, terrace, green areas, large gardens, elevators and covered parking.
Of the 72 units to be built, 60 are two-bedroom condos while the other 12 are penthouses. The penthouses offer flexibility in the floor plan with flex-style layout, that is, one of the bedrooms can be converted into a study and/or office making it a great option for residents who work from home. The apartments have balconies which offer views of the city, the common areas including the gardens and pool area of the development or towards the Sierra Madre Occidental mountains.
All the apartments are equipped with the best quality amenities and accessories, which are designed for the ultimate comfort of its residents. The units come with minisplit air conditioners, stove, hood and electrical appliances for the best in quality and comfortable living. The bathrooms come complete with toilets, sinks, faucets, adequate showers and doors. For easier maintenance, the gates are made of PVC and the floor and tile finishes are included, as well as the hardware for the balconies.
Scheduled to be completed in June 2022, Distrito Coral is developed by DMBTA, a company based in Guadalajara, Jalisco. The executing arm of this company, Del Muro Construcciones, has more than 30 years of experience in the construction industry. It is led by a group of highly qualified investors with much experience in condominium developments.
“Once the units are delivered, there is a policy that covers a variety of subsequent maintenance issues that can come up with new construction, which guarantees peace of mind for the residents themselves. It is an insurance that is not dependent on the development company but is contracted with an external insurer. Without a doubt, this is a benefit that offers tranquility for those who purchase in the Distrito Coral.”
The Distrito Coral concept allows its residents to access quality homes with beautiful finishes and amenities in an exclusive location surrounded by activities and services—all without the extravagant costs that can be associated with a beach-front property.
Even with the outstanding interior and exterior design, top-notch finishes and high-quality amenities of the development, the price of the Distrito Coral units starts at only 155,000 USD and the developer is offering direct financing for qualified buyers.