Olympia: Vallarta's Newest Gem. Don't miss your chance to be part of Olympia, the stunning new development in one of Vallarta's fastest-growing neighbourhoods. Located in Col. Lazaro Cardenas, this vibrant community offers an incredible lifestyle with something for everyone. Enjoy an easy stroll to the beach on flat roads, indulge in the area's delicious street food, and explore a variety of local shops and dining options. For those with an active lifestyle, you'll love the nearby stadium with sports facilities and the range of social activities available. Plus, fresh markets brimming with fish, fruit, and vegetables, and some of the best tortillas in town are just around the corner.
Listing courtesy of Elengorn Realtors · Sarah Elengorn. Data from Vallarta-Nayarit MLS.
Approximate drive times from this property.
The lifestyle around this property.
How buyers — including foreigners — finance and own real estate in Mexico. Figures are typical ranges; your HOMIA advisor confirms your exact case.
NEW / pre-construction developments often offer direct plans (down payment + monthly during construction). Resales are usually cash or mortgage. Ask us whether this property qualifies.
U.S. and Canadian buyers can finance through cross-border lenders: typically 30–50% down and 15–25 year terms.
Most buyers pay cash. It's also possible to use self-directed retirement accounts (SDIRA) to invest in Mexican real estate.
Foreigners buy in the coastal zone through a bank trust with full ownership rights (sell, rent, inherit). Approx. $500–800 USD/year.
Closing costs run about 5–8% of the price (acquisition tax, notary, registry and trust setup).
Annual property tax in Mexico is a fraction of the U.S./Canada — often just a few hundred dollars per year.
Well-located condos typically generate 8–12% annually in vacation rentals (Airbnb/VRBO) depending on area and season.
Estimate for a cross-border mortgage (U.S./Canada buyers). Adjust the numbers — it's an estimate, not an offer.
