A Rare FindThis charming rustic Mexican colonial villa, ''Casa Cascadas'' cascading down to the Rio Quale river located in the famous Gringo Gulch Area one block from Elizabeth Taylor and Richard Burton's Hacienda which is now an hotel and restaurant.Most houses in this area including this one were built by Fredi Romero Architect and Guillermo Wulff, Engineer. It was extensively rebuilt and expanded 1995. It is in the historical part of Puerto Vallarta where cobblestone streets lead you to stores, restaurants and to the beach.The property is a very special - it is magical. The view from all five decks is amazing whether day evening or night. It has three separate floors and a loft. Below the ground floor is an area that has been excavated and ready to build one more floor
Listing courtesy of Zamilpa Realty · Alex Zamilpa. 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.
