How much rental income can this property generate?

Based on 86 comparable Airbnb rentals in Zona Romántica, an estimated $604K MXN/year gross (~$423K MXN net after costs), about 11.1% gross yield on the asking price.

What are the closing costs for this property?

Estimated $201K 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.

426 Basilio Badillo, Centro South — $5.42M MXN

Bedrooms

Bathrooms

m²

View

Street

$/m²

US$4,257

Description

Own a beautifully renovated 2-bedroom condo in the heart of Puerto Vallarta's Zona Romantica. Located on vibrant Basilio Badillo, Casa Vallarta UP-2 places you within walking distance of Los Muertos Beach, celebrated restaurants, cafes, galleries, nightlife, shopping, and everything that makes Old Town one of Puerto Vallarta's most sought-after destinations.This approximately 75 m residence features two bedrooms, 2 full bathrooms, an updated interior, and a comfortable layout designed for easy living. Located within an intimate five-unit building, it offers a more private and authentic alternative to a large high-rise development.

Description

Investment indicators

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

Price

34% below area $/m²

Location

Centro South

Terms

Standard terms

Is this a good price?

▼ 34% below the Centro South median

◀ Better valueMedian US$6,472/m²Premium ▶

↙ This property is 34% BELOW the median (better value)

This property is priced at US$4,257/m². See the Centro South market report →

Investment estimates

📈

Estimated gross rental income

$33,550 USD/ year gross11.1% gross yield

≈ $23,485 USD/ year net (after ~30% costs)7.8% net

≈ $50K/mo gross · median ADR $3,309/night · 50% occupancy · from 86 Airbnb rentals in Zona Romántica

🧾

Estimated closing costs

$11,151 USD≈ 3.7%

Acquisition tax

$6,028 USD

Notary

$3,617 USD

Registry

$1,507 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.

What's nearby in Centro South

The lifestyle around this property.

Romantic Zone: LGBT+ epicenter with Mr. Flamingo & Industry
Playa Los Muertos and the iconic pier on foot
Foodie icons: Pancho's Takos, The Red Cabbage, Fredy's Tucán
Fully walkable cobblestone streets — PV's most vibrant area
Mexico's first LGBTQ+ Friendly District

Top-rated in Centro South

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

Dining

Casa Prime Puerto Vallarta4.7(4,524)
La Madalena4.7(3,351)
La Palapa Restaurant4.5(5,028)

Health

Wellness Care by VMC5.0(23)
Médica Vallarta3.8(53)

Groceries

La Comer Fluvial Vallarta4.6(4,051)
Mercado Municipal Emiliano Zapata4.6(2,856)
Walmart Puerto Vallarta4.3(5,302)

Gyms

POWER ZONE GYM4.5(42)

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%)

$95,700 USD

$1,722,600 MXN

what you pay upfront

Monthly payment

$2,081 USD

$37,466 MXN

per month

Loan amount: $223,300 USD

Total interest: $276,248 USD

Term: 20 yrs

Ask about financing Closing costs

How it compares

This unit is priced ~13% below the average $/m² of 4 comparable listings nearby — a strong relative value.

Listing	m²	Price	$/m²
This property	75	US$319,000	US$4,257
Nomada	62	US$410,000	US$6,610
El Remance	39	US$184,000	US$4,716
V399	90	US$415,000	US$4,611
465 Rodolfo Gomez	87	US$319,000	US$3,647
Comparables avg			US$4,896

MLS data & disclaimer

Listing courtesy of Coldwell Banker La Costa · Paola Daniela Armendariz Zepeda. Data from Vallarta-Nayarit MLS. · MLS 00-44981 Information deemed reliable but not guaranteed. Buyer should independently verify all details.