How much rental income can this property generate?

Based on 235 comparable Airbnb rentals in Centro, an estimated $246K MXN/year gross (~$172K MXN net after costs), about 7.1% gross yield on the asking price.

What are the closing costs for this property?

Estimated $129K MXN (~3.7% of the price) in Jalisco: acquisition tax, notary and registry. Foreign buyers add a one-time bank trust (fideicomiso).

Can foreigners buy this property?

Yes. Foreigners buy coastal property in Mexico through a bank trust (fideicomiso) that grants full rights to sell, rent and inherit.

1322 Bolivia, Centro North — $3.49M MXN

Bedrooms

Bathrooms

m²

Floor

HOA / month

$4K MXN

Furnished

Parking

Street

Pet friendly

Yes

Description

Charming one-bedroom condo just a five-minute walk from Los Camarones beach. This modern unit blends comfort and convenience with coastal living. Open-concept design connects a bright living area with an elegant kitchen, offering welcoming and functional spaces ideal for beach proximity and everyday comfort.

Investment estimates

📈

Estimated gross rental income

$13,688 USD/ year gross7.1% gross yield

≈ $9,581 USD/ year net (after ~30% costs)4.9% net

≈ $21K/mo gross · median ADR $1,350/night · 50% occupancy · from 235 Airbnb rentals in Centro

🧾

Estimated closing costs

$7,168 USD≈ 3.7%

Acquisition tax

$3,874 USD

Notary

$2,325 USD

Registry

$969 USD

Standard Jalisco rates on the list price. Foreign buyers add a one-time bank trust (fideicomiso) setup ~US$1,500 + ~US$600/yr. Confirm exact figures with your notario.

Location & what's nearby

Approximate drive times from this property.

🏛️

Downtown / Malecón

~2 min · 0.9 km

🎭

Romantic Zone

~4 min · 2.3 km

🏖️

Los Muertos Beach

~5 min · 2.8 km

🏥

San Javier Hospital

~7 min · 3.8 km

🛒

Costco / La Comer

~10 min · 5.2 km

⛵

Marina Vallarta

~11 min · 5.9 km

What's nearby in Centro North

The lifestyle around this property.

Playa Camarones: Blue Flag, seafood, less touristy than Los Muertos
Just north of the Malecón — ~0.6 km, all walkable
Authentic colonia: taco stands, corner shops and seafood spots
Steps from the historic center and the Guadalupe Church
Central location at more accessible prices than the Romantic Zone

Top-rated in Centro North

The highest-rated spots in the area, by Google reviews.

Dining

La Traviata4.6(3,119)
El Andariego - Restaurante & Bar PV4.5(3,200)
Lola Restaurant5.0(860)

Health

Centro Médico Veterinario4.6(108)
Centro de Salud Puerto Vallarta4.4(14)

Groceries

Mercado Municipal del Mar 5 de Diciembre4.4(1,618)
Waldo's Puerto Vallarta Centro4.4(739)
Mercado Vallarta4.4(13)

Gyms

TOTAL GYM WELLNESS GIMNASIO4.6(164)
Sport Center4.7(85)
Simmon's Gym4.7(84)

Source: Google Maps ratings · indicative, subject to change.

Mortgage simulator

Estimate for U.S./Canada cross-border buyers — an estimate, not an offer. Most buyers pay cash; ask us about your case.

🧮 Mortgage simulator

Estimate for a cross-border mortgage (U.S./Canada buyers). Adjust the numbers — it's an estimate, not an offer.

Price (USD)

Down %

Rate %

Years

Down payment (30%)

$59,100 USD

$1,063,800 MXN

what you pay upfront

Monthly payment

$1,285 USD

$23,137 MXN

per month

Loan amount: $137,900 USD

Total interest: $170,598 USD

Term: 20 yrs

Ask about financing Closing costs

How it compares

This unit is priced ~15% above the average $/m² of 4 comparables nearby — usually newer, better located or finished.

Listing	m²	Price	$/m²
This property	45	US$197,000	US$4,407
2 Malecon	60	US$295,000	US$4,910
98 Lirios	131	US$222,545	US$1,696
Costa Rican Tower	31	US$160,000	US$5,205
398 HODURAS	51	US$180,000	US$3,506
Comparables avg			US$3,829