Buying a presale property can be one of the smartest investment decisions in Puerto Vallarta’s booming real estate market. Presales often offer prices up to 50% lower than completed units, flexible payment plans, and the opportunity to choose finishes and layouts. But before you sign on the dotted line, it’s essential to ask the right questions. Here are the five most important ones.
1. Who Is the Developer, and What’s Their Track Record?
The success of a presale project depends largely on the developer’s reputation. Research their previous projects: Were they delivered on time? Do they match the promised quality? Speak with past buyers if possible. A reliable developer with a strong track record reduces your risk significantly.
2. What Is the Delivery Timeline, and What Happens If There Are Delays?
Delays in presale construction are common. Ask for a clear delivery schedule and review the purchase agreement for clauses on penalties or compensation if the project isn’t delivered on time. This ensures you’re protected if your property is delayed beyond the promised date.
3. What Are the Payment Terms and Financing Options?
Presale properties typically require staged payments during construction, rather than a large upfront investment. Clarify the payment structure—down payment, installment schedule, and final payment. If you plan to finance, check if the developer offers in-house financing or works with local banks for mortgages.
4. What Amenities and Features Are Guaranteed?
Developers often showcase impressive renderings of pools, gyms, rooftops, and social areas—but not all of these may be included in the final delivery. Ask specifically which amenities are guaranteed in writing. Also, confirm what upgrades and finishes are included in the base price versus what costs extra.
5. What Are the HOA Fees and Ongoing Costs?
Monthly homeowners’ association (HOA) fees can significantly impact your budget. Request a projected estimate of these costs, as well as details about what’s covered—security, pool maintenance, landscaping, etc. Knowing this upfront helps you plan for long-term expenses and evaluate rental income potential if you’re buying as an investment.
Final Thoughts
Presale developments in Puerto Vallarta offer excellent opportunities for both investors and those seeking a second home by the beach. By asking these five key questions, you’ll gain clarity on risks, costs, and timelines—ensuring your investment is well-protected and aligned with your goals.
At VR Realty, we specialize in guiding buyers through presale opportunities with transparency and local expertise. If you’re considering investing in Puerto Vallarta real estate, contact us today to explore the best projects available.