Bedrooms
2
Bathrooms
2
m²
100
HOA / month
$8K MXN
Furnished
Furnished
Pet friendly
Yes
View
Street
Units in dev.
4
$/m²
US$3,452

Description

Welcome to Condominio Margarita, a charming residence in Centro Norte. This 100 m² unit features two bedrooms (one generously sized), two full bathrooms, and an open-concept living-dining area with kitchen. Ocean views grace the living room and both bedrooms, while a terrace offers street and sea views. Located on the third floor with direct elevator access, the property is fully furnished and includes one parking space. Ideal for those seeking comfortable Puerto Vallarta living.

Investment indicators

Factual signals from the listing data — not financial advice. Ask your HOMIA advisor.

Price
27% below area $/m²
Location
Centro North
Terms
Standard terms

Is this a good price?

▼ 27% below the Centro North median
◀ Better valueMedian US$4,735/m²Premium ▶
↙ This property is 27% BELOW the median (better value)
This property is priced at US$3,452/m². See the Centro North market report →

Investment estimates

📈
Estimated gross rental income
$23,330 USD/ year gross6.8% gross yield
≈ $16,331 USD/ year net (after ~30% costs)4.7% net
≈ $35K/mo gross · median ADR $2,301/night · 50% occupancy · from 126 Airbnb rentals in Centro
🧾
Estimated closing costs
$12,765 USD≈ 3.7%
Acquisition tax
$6,900 USD
Notary
$4,140 USD
Registry
$1,725 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 · 0.3 km
🎭
Romantic Zone
~3 min · 1.6 km
🏖️
Los Muertos Beach
~4 min · 2.2 km
🏥
San Javier Hospital
~8 min · 4.5 km
🛒
Costco / La Comer
~11 min · 5.9 km
⛵
Marina Vallarta
~12 min · 6.4 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%)
$103,500 USD
$1,863,000 MXN
what you pay upfront
Monthly payment
$2,251 USD
$40,520 MXN
per month
Loan amount: $241,500 USD
Total interest: $298,763 USD
Term: 20 yrs

How it compares

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

Listingm²Price$/m²
This property
100US$345,000US$3,452
79US$311,111US$3,927
108US$399,000US$3,691
146US$315,000US$2,162
87US$299,000US$3,441
Comparables avgUS$3,305
MLS data & disclaimer

Listing courtesy of Tropicasa Realty, S.A. de C.V. · David Hoffman. Data from Vallarta-Nayarit MLS. · MLS 00-43255 Information deemed reliable but not guaranteed. Buyer should independently verify all details.

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