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Street
$/m²
US$866

Description

Lot in El Cerro, Centro Norte, featuring an older structure that offers flexibility—either renovate it or demolish and start fresh. The standout feature is its prime location just steps from the waterfront boardwalk, making it an appealing opportunity for residential, commercial, or mixed-use development.

Listed by Donner & Associates · Raul Serna Ramirez

Is this a good price?

▼ 81% below the Centro North median
◀ Better valueMedian US$4,601/m²Premium ▶
↙ This property is 81% BELOW the median (better value)
This property is priced at US$866/m².

Investment estimates

📈
Estimated gross rental income
$13,688 USD/ year gross4.1% gross yield
≈ $9,581 USD/ year net (after ~30% costs)2.9% net
≈ $21K/mo gross · median ADR $1,350/night · 50% occupancy · from 235 Airbnb rentals in Centro
🧾
Estimated closing costs
$12,231 USD≈ 3.7%
Acquisition tax
$6,611 USD
Notary
$3,967 USD
Registry
$1,653 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 · 0.2 km
🎭
Romantic Zone
~3 min · 1.4 km
🏖️
Los Muertos Beach
~4 min · 2.0 km
🏥
San Javier Hospital
~9 min · 4.8 km
🛒
Costco / La Comer
~12 min · 6.2 km
⛵
Marina Vallarta
~13 min · 6.7 km

What's nearby in Centro North

The lifestyle around this property.

  • Playa Los Muertos, Playa Camarones and the Malecón
  • Top dining scene: Romantic Zone and Versalles
  • International airport (PVR) minutes away

Top-rated in Centro North

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

Dining
  • La Bodeguita del Medio Vallarta4.6(7,843)
  • Casa Prime Puerto Vallarta4.7(4,524)
  • Margarita PV4.5(4,480)
Health
  • Sanatorio Belén4.2(53)
  • Servicio Médico de La Bahía4.3(30)
  • IMSS Clínica 1703.3(133)
Groceries
  • Waldo's Puerto Vallarta Centro4.4(739)
  • Mercado Pto Vallarta4.6(279)
  • Los Mercados Puerto Vallarta4.6(207)
Gyms
  • LOTAN Strength & Conditioning4.9(93)
  • Optimus Gym4.9(45)
  • Central Gym4.4(76)

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%)
$105,000 USD
$1,890,000 MXN
what you pay upfront
Monthly payment
$2,284 USD
$41,107 MXN
per month
Loan amount: $245,000 USD
Total interest: $303,093 USD
Term: 20 yrs

How it compares

This unit is priced ~52% below the average $/m² of 2 comparable listings nearby — a strong relative value.

Listingm²Price$/m²
This property
—US$350,000US$866
—US$399,999US$2,062
—US$410,000US$1,552
Comparables avgUS$1,807

Listing courtesy of Donner & Associates · Raul Serna Ramirez. Data from Vallarta-Nayarit MLS. · MLS 00-44204 Information deemed reliable but not guaranteed. Buyer should independently verify all details.

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