Once overlooked in favor of glitzy neighborhoods like the Romantic Zone or Marina Vallarta, 5 de Diciembre is making a bold comeback.
And this time, foreign buyers are paying serious attention.
Key Takeaways
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5 de Diciembre is emerging as Puerto Vallarta’s next real estate hotspot
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More walkability, culture, and ocean views at lower prices
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New restaurants, renovations, and expat-friendly growth are transforming the area
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Strong rental potential for investors looking at ROI and cash flow
What is 5 de Diciembre?
Located just north of El Centro in Puerto Vallarta, 5 de Diciembre is a colorful, authentic Mexican neighborhood perched along the Pacific coast.
It combines old-school charm with sweeping ocean views, cobblestone streets, and easy access to everything—beaches, markets, and nightlife.
In the past, it was seen as too local or rough-around-the-edges.
But times have changed.
Why Foreign Buyers Are Coming Back
1. Lower Prices, High Potential
Compared to zones like Zona Romántica, prices in 5 de Diciembre are still accessible.
You can find condos for under $300,000—some with ocean views.
Investors are spotting the opportunity to buy low and ride the wave as demand increases.
2. Beach Access Without the Noise
Playa Camarones sits right at your doorstep.
It’s a swimmable, sandy beach without the massive tourist crowds.
For buyers who want walkability to the beach without constant nightlife noise, 5 de Diciembre is the perfect middle ground.
3. Local Culture Meets Modern Comfort
Boutique restaurants, rooftop cocktail bars, yoga studios, and art galleries are popping up fast.
But the tianguis (local markets), family-run taco stands, and authentic Mexican roots are still alive.
Foreign buyers appreciate that it feels real—without giving up comfort.
4. Airbnb Goldmine Potential
Short-term rentals are booming here.
With lower purchase prices and growing interest from digital nomads, this neighborhood is quickly becoming an Airbnb goldmine.
If you’re looking at ROI, this could be your sweet spot.
What’s Fueling the Comeback?
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Ongoing infrastructure improvements
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Interest from boutique developers
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A growing number of Americans and Canadians moving full-time to PV
The word is out—and properties are moving faster than ever.
What Should Buyers Know?
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Hillside homes offer incredible views but may require a hike or golf cart
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It’s still developing, so some areas are more polished than others
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Work with a local real estate agent to find the right pocket
Want boots-on-the-ground insight? Our team at VR Realty specializes in this area.
We’ll help you find undervalued gems before the crowd catches on.
Final Thoughts
5 de Diciembre isn’t just back—it’s booming.
Foreign buyers are finally waking up to its value, charm, and unbeatable location.
If you’re looking for real estate in Puerto Vallarta that mixes culture, views, and growth potential…
Look no further.
📩 Ready to explore 5 de Diciembre properties before they’re gone?
Contact VR Realty Today for a private tour or virtual walkthrough.