How much rental income can this property generate?

Based on 409 comparable Airbnb rentals in Amapas / Conchas Chinas, an estimated $1.1M MXN/year gross (~$771K MXN net after costs), about 10.8% gross yield on the asking price.

What are the closing costs for this property?

Estimated $379K 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.

Montemar: 2-Bed Condo for Sale in Upper Conchas Chinas

Bedrooms

Bathrooms

m²

167

Floor

HOA / month

$13K MXN

Furnished

Parking

Street

Pet friendly

Yes

View

Ocean

Units in dev.

$/m²

US$3,572

🏢 See all units in Montemar(10)→

Description

Villas Montemar Unit 3 is a professionally designed residence in the heart of Conchas Chinas. Completely remodeled with meticulous attention to detail and commitment to natural materials. The master bedroom faces the ocean directly, featuring a curated art installation, en-suite bath, and a tranquility that creates the ultimate coastal sanctuary. The second bedroom offers equally captivating bay views and private bath. Situated within an exclusive boutique building of only 10 units with pool, gym, elevator, twice-weekly maid service, and on-site administration—all covered by HOA with formal approved budget and funded reserve account. Five minutes walking to Conchas Chinas beach, fifteen to Old Town.

Listed by Dominium Real Estate and Construction · Alexis Ibarra Quinones

Investment indicators

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

Price

43% above area $/m²

Location

Ocean view · South Shore

Terms

Standard terms

Is this a good price?

▲ 43% above the South Shore median

◀ Better valueMedian US$2,494/m²Premium ▶

↗ This property is 43% ABOVE the median

This property is priced at US$3,572/m². See the South Shore market report →

Investment estimates

📈

Estimated gross rental income

$61,209 USD/ year gross10.8% gross yield

≈ $42,846 USD/ year net (after ~30% costs)7.5% net

≈ $92K/mo gross · median ADR $6,037/night · 50% occupancy · from 409 Airbnb rentals in Amapas / Conchas Chinas

🧾

Estimated closing costs

$21,052 USD≈ 3.7%

Acquisition tax

$11,380 USD

Notary

$6,828 USD

Registry

$2,845 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%)

$178,500 USD

$3,213,000 MXN

what you pay upfront

Monthly payment

$3,882 USD

$69,882 MXN

per month

Loan amount: $416,500 USD

Total interest: $515,258 USD

Term: 20 yrs

Ask about financing Closing costs

How it compares

This unit is priced ~24% below the average $/m² of 4 comparable listings nearby — a strong relative value.

Listing	m²	Price	$/m²
This property	167	US$595,000	US$3,572
D'Terrace	154	US$795,000	US$5,151
Blue Horizon	115	US$455,000	US$3,942
Villas Tizoc	113	US$549,000	US$4,847
149 Hortencias	92	US$449,000	US$4,876
Comparables avg			US$4,704

Listing courtesy of Dominium Real Estate and Construction · Alexis Ibarra Quinones. Data from Vallarta-Nayarit MLS. · MLS 00-43760 Information deemed reliable but not guaranteed. Buyer should independently verify all details.