One-bedroom, one-bathroom condo offering 711 square feet (66 m) in the iconic La Palapa building, located directly on Los Muertos Beach in the heart of Puerto Vallarta's Romantic Zone.This stunning unit has been completely and tastefully remodeled in an elegant ''New York City apartment'' style. It's a proven rental income powerhouse with strong year-round demand.Residents enjoy access to a beautiful rooftop heated pool and terrace, plus 24-hour guarded security and reception in this landmark, secure building.
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.
Listing courtesy of Puerto Vallarta Villas · Russell Faulkner. Data from Vallarta-Nayarit MLS.
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.