Investing in Puerto Vallarta Real Estate: What Neighborhoods Should You Consider?

by Applegate Realtors on May 19th, 2017 under Puerto Vallarta

Over the years, many individuals have responded to the appeal of earning passive income from rental properties in Puerto Vallarta. Although the real estate market has been growing steadily over the past 50 years, the potential to make money from investing in property in Puerto Vallarta continues to grow exponentially. In fact, 2017 is a great year for buyers looking to invest in the Mexican real estate market.

If you’re considering Puerto Vallarta as an investment opportunity, these are the neighborhoods you should consider:

Conchas Chinas

Conchas Chinas is one of Puerto Vallarta’s oldest, most distinguished neighborhoods. Sophisticated resorts and high profile residents draw investors to this area. For this reason, it’s often referred to as the “Beverly Hills” of Puerto Vallarta.

Conchas Chinas occupies the hillside of the Sierra Madre mountains and dips down to the Pacific Ocean. Homes that are elevated in the hills are surrounded by the jungle and boast spectacular views of the Banderas Bay. Residents who live in the lower portion of Conchas Chinas have quick, and sometimes direct, access to smaller, more exclusive beaches that are separated by charming coves. One of the biggest allures of Conchas Chinas is its proximity to Puerto Vallarta’s Old Town.

Real estate options in Conchas Chinas are eclectic. Property types include modern condominiums, traditional-style villas, and beachfront homes and mansions. Additionally, Conchas Chinas offers real estate options for business locations, including commercial buildings.

Amapas

North of Conchas Chinas is Amapas. Amapas is one of the most popular locations in Puerto Vallarta for real estate investors. Amapas boasts some of the most stunning views of the Banderas Bay in the entire region. It’s also well-known for the peace and quiet that come with living in a more secluded part of Puerto Vallarta. This area is best for individuals who want to be close to the action but not in the thick of it all.

Similar to Conchas Chinas, part of Amapas has direct beach access while another portion is nestled in the hillside and has stunning views of the Pacific ocean. Amapas has experienced tremendous growth in the past few years. Most real estate options in this area include mid- to upper-range condominiums and villas.

Old Town

The heart of downtown Puerto Vallarta lies in Old Town. Old Town is referred to as Puerto Vallarta’s “romantic zone” and is busier than its neighbors Amapas and Conchas Chinas. The area is rich in culture and offers a plethora of sights, tastes, and experiences all within walking distance along the charming cobblestone streets.

Real estate options in Old Town include apartments, beachfront condominiums, and quaint single-family homes. A recent addition to Old Town real estate includes boutique condominiums, such as Oceana. These developments offer more affordable residential options, private amenities, and put residents right in the heart of the city.

Are You Ready to Invest in Puerto Vallarta?

When looking for the right investment, it’s important to work with someone who understands your goals, has your best interests in mind, and has a deep understanding of the Puerto Vallarta real estate market. Applegate Realtors is dedicated to helping investors conduct the proper due diligence necessary for evaluating and choosing the right investment opportunity. If you are considering purchasing property in Puerto Vallarta, contact us online to schedule a consultation or call us at our toll-free number from the US and Canada at 1 866 519 4342.