Discover a one-of-a-kind income-generating property nestled in the sought-after Gringo Hill neighborhood. This unique artistic retreat features one fully finished one-bedroom casita, and one loft-style studio apartment, each thoughtfully designed and equipped with its own kitchen and private entrance, offering guests or tenants privacy and comfort.A partially built studio awaits someone with a creative vision to bring it to life--perfect for adding your personal touch and expanding rental potential.At the heart of the property, a serene pool with a tranquil fountain is surrounded by inviting outdoor seating areas, both covered and open-air, creating an ideal setting for relaxation and gatherings.
Listing courtesy of MexHome Real Estate · Leyla Morris. 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.
