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Street
$/m²
US$805
MLS
00-43597
Description
Este terreno, a la venta en $1,450,000 MXN pesos, situado en el interior del Fraccionamiento Residencial en Avenida Palmares 499, en la colonia Villas Universidad, representa una opcion lista para un proyecto residencial. El lote cuenta con un frente a pavimento de concreto asegurando un acceso comodo y directo. El fraccionamiento cuenta con seguridad, y areas comunes.La ubicacion de este lote en la colonia Villas Universidad destaca por su equilibrio entre un entorno residencial tranquilo y la cercania a infraestructura urbana vital. Esta zona se caracteriza por un desarrollo habitacional consolidado.
Listing courtesy of Sixten Realty · Julisa Guevara Rodriguez. Data from Vallarta-Nayarit MLS.
Is this a good price?
▼ 68% below the Progresso/Universidad medianUS$320/m²Area rangeUS$2,745/m²
Best valueMedian US$2,544/m²Premium
This property is priced at US$805/m².
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Estimated gross rental income
US$6,760–US$10,140 / year (8–12% gross yield — varies by season & occupancy)
Location & what's nearby
Approximate drive times from this property.
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Airport (PVR)
~6 min · 3 km
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Marina Vallarta
~6 min · 4 km
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Downtown / Malecón
~13 min · 8 km
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Old Town
~15 min · 9 km
What's nearby in Progresso/Universidad
The lifestyle around this property.
- 🏖️Puerto Vallarta beaches & boardwalk
- 🍽️Top dining and cultural scene
- ✈️International airport nearby
Financing & what actually matters
How buyers — including foreigners — finance and own real estate in Mexico. Figures are typical ranges; your HOMIA advisor confirms your exact case.
Ways to finance
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Payment plans (pre-construction only)
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.
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Cross-border mortgage (US/CA)
U.S. and Canadian buyers can finance through cross-border lenders: typically 30–50% down and 15–25 year terms.
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All-cash or retirement funds
Most buyers pay cash. It's also possible to use self-directed retirement accounts (SDIRA) to invest in Mexican real estate.
Good to know
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Bank trust (fideicomiso)
Foreigners buy in the coastal zone through a bank trust with full ownership rights (sell, rent, inherit). Approx. $500–800 USD/year.
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Closing costs 5–8%
Closing costs run about 5–8% of the price (acquisition tax, notary, registry and trust setup).
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Very low property tax
Annual property tax in Mexico is a fraction of the U.S./Canada — often just a few hundred dollars per year.
