Bedrooms
2
Bathrooms
3
m²
231
View
Beach
$/m²
US$4,113
🏢 See all units in El Faro Real II→

Description

This distinguished 2-bedroom, 3-bathroom condo features spacious decks with stunning panoramic views of Banderas Bay and the Punta Mita Peninsula. Beautifully decorated, the unit showcases granite countertops and rich parota wood finishes throughout. The spacious master suite offers a king-size bed, a large private bathroom with a bathtub, and ample closet space. The open-concept living, dining, and kitchen area provides a welcoming setting for relaxing and entertaining. For added convenience and privacy, the condo offers elevator access with a private access code. Ideally located within walking distance of the charming village of Punta de Mita.

Listed by North Shore Realty · Betty Richter

Investment indicators

Factual signals from the listing data — not financial advice. Ask your HOMIA advisor.

Price
34% below area $/m²
Location
Punta de Mita
Terms
Standard terms

Is this a good price?

▼ 34% below the Punta de Mita median
◀ Better valueMedian US$6,216/m²Premium ▶
↙ This property is 34% BELOW the median (better value)
This property is priced at US$4,113/m². See the Punta de Mita market report →

Investment estimates

📈
Estimated gross rental income
$43,678 USD/ year gross4.4% gross yield
≈ $30,575 USD/ year net (after ~30% costs)3.1% net
≈ $66K/mo gross · median ADR $4,308/night · 50% occupancy · from 56 Airbnb rentals in Punta de Mita
🧾
Estimated closing costs
$41,071 USD≈ 4.1%
Acquisition tax
$25,043 USD
Notary
$10,017 USD
Registry
$6,010 USD

Standard Nayarit 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.

⛳
Punta de Mita
~2 min · 0.5 km
🏄
Sayulita
~25 min · 13 km
⚓
La Cruz Marina
~27 min · 14 km
🐟
Bucerías
~35 min · 19 km
🌴
Nuevo Vallarta
~46 min · 24 km
✈️
Airport (PVR)
~54 min · 29 km

What's nearby in Punta de Mita

The lifestyle around this property.

  • Romantic Zone: LGBT+ epicenter with Mr. Flamingo & Industry
  • Playa Los Muertos and the iconic pier on foot
  • Foodie icons: Pancho's Takos, The Red Cabbage, Fredy's Tucán
  • Fully walkable cobblestone streets — PV's most vibrant area
  • Mexico's first LGBTQ+ Friendly District

Top-rated in Punta de Mita

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

Dining
  • Casa Prime Puerto Vallarta4.7(4,524)
  • La Madalena4.7(3,351)
  • La Palapa Restaurant4.5(5,028)
Health
  • Wellness Care by VMC5.0(23)
  • Médica Vallarta3.8(53)
Groceries
  • La Comer Fluvial Vallarta4.6(4,051)
  • Mercado Municipal Emiliano Zapata4.6(2,856)
  • Walmart Puerto Vallarta4.3(5,302)
Gyms
  • POWER ZONE GYM4.5(42)

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%)
$284,700 USD
$5,124,600 MXN
what you pay upfront
Monthly payment
$6,192 USD
$111,459 MXN
per month
Loan amount: $664,300 USD
Total interest: $821,815 USD
Term: 20 yrs

How it compares

This unit is priced ~16% above the average $/m² of 4 comparables nearby — usually newer, better located or finished.

Listingm²Price$/m²
This property
231US$949,000US$4,113
332US$875,000US$2,636
147US$635,000US$4,324
294US$1,185,000US$4,032
167US$535,000US$3,207
Comparables avgUS$3,550

Listing courtesy of North Shore Realty · Betty Richter. Data from Vallarta-Nayarit MLS. · MLS 00-46053 Information deemed reliable but not guaranteed. Buyer should independently verify all details.

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