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City
$/m²
US$514

Description

Ocean view lot in El Cerro's historic center, rare in this established neighborhood. Pedestrian access only, well-suited for a single-family home or up to four small units. Just four blocks from the malecón, surrounded by restaurants and shops. Centrally located property with solid investment potential and building flexibility.

Listed by Berkshire Hathaway Applegate Realtors · Moray Applegate

Is this a good price?

▼ 89% below the Centro North median
◀ Better valueMedian US$4,601/m²Premium ▶
↙ This property is 89% BELOW the median (better value)
This property is priced at US$514/m².

Investment estimates

📈
Estimated gross rental income
$13,688 USD/ year gross9.2% gross yield
≈ $9,581 USD/ year net (after ~30% costs)6.4% net
≈ $21K/mo gross · median ADR $1,350/night · 50% occupancy · from 235 Airbnb rentals in Centro
🧾
Estimated closing costs
$5,513 USD≈ 3.7%
Acquisition tax
$2,980 USD
Notary
$1,788 USD
Registry
$745 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
~2 min · 1.1 km
🏖️
Los Muertos Beach
~3 min · 1.7 km
🏥
San Javier Hospital
~9 min · 4.9 km
🛒
Costco / La Comer
~12 min · 6.4 km
⛵
Marina Vallarta
~13 min · 6.8 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%)
$44,700 USD
$804,600 MXN
what you pay upfront
Monthly payment
$972 USD
$17,500 MXN
per month
Loan amount: $104,300 USD
Total interest: $129,031 USD
Term: 20 yrs

How it compares

This unit is priced ~42% below the average $/m² of 4 comparable listings nearby — a strong relative value.

Listingm²Price$/m²
This property
—US$149,000US$514
—US$147,337US$779
—US$169,000US$1,594
—US$199,000US$739
—US$89,900US$433
Comparables avgUS$886

Listing courtesy of Berkshire Hathaway Applegate Realtors · Moray Applegate. Data from Vallarta-Nayarit MLS. · MLS 00-44342 Information deemed reliable but not guaranteed. Buyer should independently verify all details.

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