How much rental income can this property generate?

Based on 409 comparable Airbnb rentals in Amapas / Conchas Chinas, an estimated $1.3M MXN/year gross (~$905K MXN net after costs), about 7.4% gross yield on the asking price.

What are the closing costs for this property?

Estimated $648K MXN (~3.7% of the price) in Jalisco: acquisition tax, notary and registry. Foreign buyers add a one-time bank trust (fideicomiso).

Can foreigners buy this property?

Yes. Foreigners buy coastal property in Mexico through a bank trust (fideicomiso) that grants full rights to sell, rent and inherit.

Los Palmares: 2-Bed Condo in Punta Negra

This property is under contract (sale pending).

The sale could still fall through. Ask us or check similar listings.

Bedrooms

Bathrooms

m²

187

Floor

HOA / month

$19K MXN

Furnished

Part Furnished

Parking

Parking on Property

Pet friendly

Yes

View

Ocean

Units in dev.

$/m²

US$4,936

🏢 See all units in Los Palmares(33)→

Description

Experience the perfect balance of luxury, comfort, and absolutely stunning ocean views in this one of a kind, beachfront masterpiece.Welcome to Unit 703 at the exclusive Condominio Los Palmares, a rare listing opportunity on what is arguably the most beautiful and prestigious beach in all of Banderas Bay. With 187 m of beautifully designed living space and a smart, stylish layout, this residence is ideal for full-time living or unforgettable vacations.This spectacular home features 2 spacious bedrooms and 2 full bathrooms, including a primary suite with a private jacuzzi and floor to ceiling windows that showcase the crazy beautiful, panoramic views of the Pacific Ocean. Both bedrooms and the open concept living area offer breathtaking front row seats to the sea.

Investment indicators

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

Price

23% below beachfront $/m²

Location

Beachfront — top demand

Terms

Standard terms

Is this a good price?

▼ 23% below the beachfront market median

◀ Better valueMedian US$6,391/m² · beachfrontPremium ▶

↙ This property is 23% BELOW the median (better value)

This property is priced at US$4,936/m².

Investment estimates

📈

Estimated gross rental income

$71,864 USD/ year gross7.4% gross yield

≈ $50,305 USD/ year net (after ~30% costs)5.2% net

≈ $108K/mo gross · median ADR $7,088/night · 50% occupancy · from 409 Airbnb rentals in Amapas / Conchas Chinas

🧾

Estimated closing costs

$35,991 USD≈ 3.7%

Acquisition tax

$19,455 USD

Notary

$11,673 USD

Registry

$4,864 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.

What's nearby in South Shore

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

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%)

$276,460 USD

$4,976,284 MXN

what you pay upfront

Monthly payment

$6,013 USD

$108,233 MXN

per month

Loan amount: $645,074 USD

Total interest: $798,030 USD

Term: 20 yrs

Ask about financing Closing costs

How it compares

This unit is priced ~18% above the average $/m² of 4 comparables nearby — usually newer, better located or finished.

Listing	m²	Price	$/m²
This property	187	US$921,534	US$4,936
La Canada	204	US$999,000	US$4,897
D'Terrace	154	US$795,000	US$5,151
Horizon	225	US$885,000	US$3,933
Montemar	402	US$1,100,000	US$2,738
Comparables avg			US$4,180

MLS data & disclaimer

Listing courtesy of Timothy Real Estate Group · David Fernando Hernandez. Data from Vallarta-Nayarit MLS. · MLS 00-39278 Information deemed reliable but not guaranteed. Buyer should independently verify all details.