Spanish:Unidad 203 - Este espectacular condominio de 2 recamaras y 2 banos en Las Penas de Teresa ofrece vistas impresionantes y un amplio patio con un diseno encantador. Ubicado en la exclusiva zona de Amapas, combina privacidad, confort y el autentico estilo de vida de Puerto Vallarta.English:Experience the beauty of Puerto Vallarta from this stunning 2-bedroom, 2-bathroom condo at Las Penas de Teresa. Nestled in the exclusive Amapas hillside, it offers tranquility and easy access to the Romantic Zone. The highlight is a spacious patio where the Pacific sparkles beyond Vallarta's iconic red-tile rooftops--your postcard view, every day.
Listing courtesy of Coldwell Banker La Costa · William Hutt. 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.
