What's the difference between a house and a condo in Puerto Vallarta for investment?

Houses in Puerto Vallarta offer more privacy, outdoor space, and renovation flexibility, but have higher maintenance costs and greater capital requirements. Condos offer shared amenities, lower maintenance, and generally better resale liquidity. For vacation rental, both perform well depending on the zone.

How much does it cost to maintain a house in Puerto Vallarta?

Annual maintenance for a house in Puerto Vallarta typically equals 1–2% of the property value, plus property tax (very low vs. US/Canada, generally $300–1,500 USD/year) and homeowner insurance ($800–3,000 USD/year depending on value and zone).

Can a foreigner remodel or renovate a house in Puerto Vallarta?

Yes. The Fideicomiso bank trust grants the foreign buyer full property rights, including the right to modify, build, or renovate within municipal building codes. Major renovations require a municipal construction permit.

Live MLS

Houses for Sale in 5 de Diciembre

Search live listings, prices and market data for houses in 5 de Diciembre.

Zone

Type

Beds

Min price

Max price

Min m²

Max m²

5 de Diciembre Houses Market

Active listings

$17.5M MXN

Median price

$5.5M–$56.1M

Price range

US$0

Median $/m²

5 de Diciembre market snapshot

The median asking price in 5 de Diciembre is $17.5M MXN (≈ US$995,809), about $0/m². Homes sit ~190 days on market.

$17.5M MXN

Median price

US$0

Median $/m²

190

Days on market

Price distribution (MXN)

About 5 de Diciembre

5 de Diciembre, Puerto Vallarta, is one of the most sought-after areas to buy real estate in the Puerto Vallarta & Riviera Nayarit market. Right now there are 12 homes for sale, from $5.5M to $56.1M MXN (median $17.5M), 3–12 bedrooms and 120–874 m². Prices and inventory update daily from the Vallarta-Nayarit MLS.