Puerto Vallarta is a beautiful and rich landscape that’s been seeing some great uptrends when it comes to the real estate side of things. Many investors, both foreign and local, have seen fit to buy their own piece of paradise for both business and leisure. Even families once single-time visitors to this spot near Banderas Bay have now started moving to the sunny shores. Why is that? And how can you get your own place around the areas of Puerto and Nuevo Vallarta?
VR Realty is poised to help you out in understanding why these two hotspots are what they are today and how you can get your own spot there. We’ll be going through some of the highlights of the place, as well as a few important details when you’re looking for condo puerto vallarta for sale.
The Quality Of Life In Puerto Vallarta
Puerto Vallarta offers a unique mix of both natural landscapes and urban development projects. It’s one of the reasons why many small and upcoming families are making moves to go there. Locals and Tourists can enjoy a wide variety of outdoor activities like hiking, ziplines, snorkeling, and even ATV tours for those inclined. With over 60 miles of coastal land, there’s plenty to do on the sun-kissed coasts.
The weather around the area of Puerto Vallarta and condos for sale in nuevo vallarta is similar to that of Hawaii and other tropical islands. During the daytime, you can expect temperatures to be around 70 to 80 degrees Fahrenheit (21 to 26 degrees Celsius) during the spring seasons. Once summer and the rainy season rolls in, the temperature can soar to around 90°F (32°C) while feeling hotter due to humidity. There’s also the chance for thunderstorms where the downpour gets intense.
Puerto Vallarta holds walkability in high regard with so many restaurants, markets, and centers within walking distance. The city’s public transportation system consists mostly of buses that travel on specified bus routes. Most fares amount to 10 pesos which already gets you to any point around the city. For more information on the bus routes around the city, you can check out this resource here.
Affordability and the relaxing atmosphere that surrounds Puerto Vallarta is another key reason why so many are choosing to live here. There’s something different about the place that just eases and relieves the mind. Many communities within Puerto Vallarta are known for their neighborly disposition where language barriers are crossed and cultures mingle with each other. The city is a melting pot is diversity, creating a great place to raise families and look for career opportunities.
Condo Trends In Puerto Vallarta
Now that we’ve gotten some of the highlights of the city down, we can look into what you’ll need to know about finding yourself a condo there. With the pandemic slowly easing up, expect to see a steady rise in demand for living spaces. Although, there is also the chance for properties to come around with steep discounts on their regular price.
In 2021, condominiums were seen to have an upward trend when it comes to pricing – about 25% up from 2017 to 2021. Two-bedroom condos have risen 20% in the same timeframe with average costs reaching $308,500. With a dwindling supply of lower-priced units, most of the market is populated with mid-range condo units. Compared to other tourist-centric regions, prices are still rather inexpensive but slowly reaching upwards.
2022 is looking to be a good year for real estate within the city as home sales have recovered and are on the rise once more. Tourists around the world have pivoted towards rental properties and condotels rather than going for large resorts that are packed. Many see this as an opportunity for the rental market as tourism picks back up around the world.
Want a Condo within the City? VR Realty has your back!
Mexico itself is a prime tourist destination, especially for travelers from North America. The distance and inexpensive nature of trips to the nation open up Puerto Vallarta to many prime business opportunities.
All eyes are on this small patch of heaven as all sorts of real estate developments are starting to take form there. Reliable and trustworthy real estate service around Banderas Bay is now in demand and VR Realty is here to provide clients with top-shelf properties around the city.
If you’re looking for prime condos for sale Puerto Vallarta, then VR Realty has properties that you might want to check out. We feature several condominium projects all around the areas of Puerto Vallarta and Nuevo Vallarta. Check out our official website to know more about our services and projects, as well as to contact us regarding our numerous real estate offerings.