Investing has become a trend for many people. Between structural adjustments that are affecting retirement plans, desires to retire earlier or new ways of making money with the internet and technology; it is increasingly common to find people who see an opportunity to grow their money through a variety of economic mechanisms.
Real estate is one of the preferred instruments for investors, whether they are first-time or experienced, since it guarantees that their money will be practically insured against different economic phenomena, such as inflation. Even when the properties they acquire are located in another country, buyers have the peace of mind and security that they will enjoy a capital gain, which gives them certainty that their money will continue to grow with that asset.
With this in mind, we took on the task of making this special article that highlights some of the main attributes and factors that investors can appreciate when considering a real estate purchase and sale in Puerto Vallarta and/or Riviera Nayarit.
Supply vs. Demand
While it is true that property prices are rising in the destination, Vallarta · Nayarit’s real estate market is extremely healthy thanks to the constant and sustained demand even through the pandemic that has allowed properties to increase in value quickly.
The variety of real estate properties available in our destination is wide and allows you to find units near the sea from 150,000 USD to spectacular beachfront villas of more than 20 million USD. Currently, this price range found in Puerto Vallarta and Riviera Nayarit is more accessible than in iconic destinations in some US states such as Florida and/or California (the latter considered, precisely, as one of the main buyer markets seeking property in this region).
Surplus Value
Currently, the type of development that has the most boom and that represents the greatest profitability in Puerto Vallarta and/or Riviera Nayarit are the condominium developments oriented to be the second home or beach home, which offer amenities according to the price and location of each one.
As an investment, a beach property of this type not only allows you to enjoy a few months of sunshine a year, but also the good performance and optimal surplus value that is acquired by the high demand, as well as by the climate, view, location, environments and services. Additionally, many homeowners rent their units during certain periods, allowing them to earn extra income.
Quality Infrastructure and Services
In part, there are those who see in Vallarta · Nayarit a new opportunity to enjoy retirement and/or start a new life because our destination has infrastructure that attracts brands and products of international renown for shopping, dining and more.
In fact, a range of health services is one of the reasons that attracts foreigners to reside in this part of the bay, since the consultations and treatments are not only of the highest quality, but the rates offered are excellent when compared to those of their countries of origin.
Strategic Location
Vallarta · Nayarit has a privileged geographical location that favors both foreigners and Mexicans alike. Many foreigners are only a few hours away by direct flight from the most important international airports in the United States and Canada, making it an attractive option for a second home. On the other hand, the main Mexican cities (Mexico City, Guadalajara and Monterrey) are less than an hour away by direct flight.
In addition, as our destination is located between the Sierra Madre and the Mexican Pacific, the Banderas Bay manages to combine the climate of the tropical forests with the cool breeze of the beach, which results in an average annual temperature of 75 degrees Fahrenheit, very pleasant for both residents and visitors.
The Best Area to Invest in Vallarta · Nayarit
Undoubtedly, both in Puerto Vallarta and in Riviera Nayarit, you can find vast options of developments in which to buy an apartment, house or villa. The correct choice of a colonia or neighborhood should be made based on the budget, personal needs and lifestyle that you want to have or improve in our destination.
In the August and November 2021 print editions, the Vallarta Real Estate Guide editorial team presented a small guide outlining the benefits and amenities of some of the main neighborhoods in Vallarta · Nayarit to invest in a property.