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 1.5% gross yield on the asking price.

What are the closing costs for this property?

Estimated $624K 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.

1821 Bolivia, Centro North — $16.9M MXN

View

City

$/m²

US$1,236

Description

Corner lot of 687.6 m² on Bolivia Street 1821 in Lázaro Cárdenas Centro Norte. An excellent prospect for developers or homebuilders seeking to capitalize on one of Puerto Vallarta's fastest-growing neighborhoods. The property features favorable building indices (COS: 0.8, CUS: 2.4, ICUS: 1.6) and a street frontage index of 30%, positioning it well for residential development.

Is this a good price?

▼ 73% below the Centro North median

◀ Better valueMedian US$4,619/m²Premium ▶

↙ This property is 73% BELOW the median (better value)

This property is priced at US$1,236/m². See the Centro North market report →

Investment estimates

📈

Estimated gross rental income

$13,688 USD/ year gross1.5% gross yield

≈ $9,581 USD/ year net (after ~30% costs)1% net

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

🧾

Estimated closing costs

$34,682 USD≈ 3.7%

Acquisition tax

$18,747 USD

Notary

$11,248 USD

Registry

$4,687 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

~3 min · 1.8 km

🏥

San Javier Hospital

~6 min · 3.0 km

🎭

Romantic Zone

~6 min · 3.1 km

🏖️

Los Muertos Beach

~7 min · 3.7 km

🛒

Costco / La Comer

~8 min · 4.3 km

⛵

Marina Vallarta

~10 min · 5.2 km

What's nearby in Centro North

The lifestyle around this property.

Playa Los Muertos, Playa Camarones and the Malecón
Top dining scene: Romantic Zone and Versalles
International airport (PVR) minutes away

Top-rated in Centro North

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

Dining

La Bodeguita del Medio Vallarta4.6(7,843)
Casa Prime Puerto Vallarta4.7(4,524)
Margarita PV4.5(4,480)

Health

Sanatorio Belén4.2(53)
Servicio Médico de La Bahía4.3(30)
IMSS Clínica 1703.3(133)

Groceries

Waldo's Puerto Vallarta Centro4.4(739)
Mercado Pto Vallarta4.6(279)
Los Mercados Puerto Vallarta4.6(207)

Gyms

LOTAN Strength & Conditioning4.9(93)
Optimus Gym4.9(45)
Central Gym4.4(76)

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%)

$255,000 USD

$4,590,000 MXN

what you pay upfront

Monthly payment

$5,546 USD

$99,831 MXN

per month

Loan amount: $595,000 USD

Total interest: $736,083 USD

Term: 20 yrs

Ask about financing Closing costs

How it compares

This unit is priced ~10% above the average $/m² of 4 comparables nearby — usually newer, better located or finished.

Listing	m²	Price	$/m²
This property	—	US$850,000	US$1,236
512 Arroyo del pedregoso	—	US$592,715	US$1,213
1009 Lirios	—	US$1,000,000	US$1,278
SN Allende	—	US$611,000	US$632
10 Uruguay y Jamaica	—	US$715,000	US$1,380
Comparables avg			US$1,126

MLS data & disclaimer

Listing courtesy of Mexlife Realtors · Vince Zontak. Data from Vallarta-Nayarit MLS. · MLS 00-39058 Information deemed reliable but not guaranteed. Buyer should independently verify all details.