View
Ocean
$/m²
US$908
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Description

Investment opportunity on a 5,866 sq ft ocean view lot in Las Canoas, situated on the main road east of the Romantic Zone. The property features two entrances and is well-suited for a small condominium building with commercial space at the upper entrance. An ideal location for investors seeking accessibility in an emerging area with strong growth potential.

Listed by Berkshire Hathaway Applegate Realtors · Moray Applegate

Is this a good price?

▼ 85% below the Centro South median
◀ Better valueMedian US$5,974/m²Premium ▶
↙ This property is 85% BELOW the median (better value)
This property is priced at US$908/m².

Investment estimates

📈
Estimated gross rental income
$23,948 USD/ year gross4.8% gross yield
≈ $16,764 USD/ year net (after ~30% costs)3.4% net
≈ $36K/mo gross · median ADR $2,362/night · 50% occupancy · from 139 Airbnb rentals in Zona Romántica
🧾
Estimated closing costs
$18,315 USD≈ 3.7%
Acquisition tax
$9,900 USD
Notary
$5,940 USD
Registry
$2,475 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.

Location & what's nearby

Approximate drive times from this property.

🏛️
Downtown / Malecón
~2 min · 0.9 km
🎭
Romantic Zone
~2 min · 1.1 km
🏖️
Los Muertos Beach
~3 min · 1.7 km
🏥
San Javier Hospital
~10 min · 5.5 km
🛒
Costco / La Comer
~13 min · 6.9 km
⛵
Marina Vallarta
~14 min · 7.5 km

What's nearby in Centro South

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

Top-rated in Centro South

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

Dining
  • La Bodeguita del Medio Vallarta4.6(7,843)
  • Casa Prime Puerto Vallarta4.7(4,524)
  • Margarita PV4.5(4,480)
Health
  • Sanatorio Belén4.2(53)
  • Servicio Médico de La Bahía4.3(30)
  • IMSS Clínica 1703.3(133)
Groceries
  • Waldo's Puerto Vallarta Centro4.4(739)
  • Mercado Pto Vallarta4.6(279)
  • Los Mercados Puerto Vallarta4.6(207)
Gyms
  • LOTAN Strength & Conditioning4.9(93)
  • Optimus Gym4.9(45)
  • Central Gym4.4(76)

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%)
$148,500 USD
$2,673,000 MXN
what you pay upfront
Monthly payment
$3,230 USD
$58,137 MXN
per month
Loan amount: $346,500 USD
Total interest: $428,660 USD
Term: 20 yrs

How it compares

This unit is priced ~42% below the average $/m² of 3 comparable listings nearby — a strong relative value.

Listingm²Price$/m²
This property
—US$495,000US$908
—US$325,000US$696
—US$582,000US$2,385
—US$299,000US$1,612
Comparables avgUS$1,564

Listing courtesy of Berkshire Hathaway Applegate Realtors · Moray Applegate. Data from Vallarta-Nayarit MLS. · MLS 00-40385 Information deemed reliable but not guaranteed. Buyer should independently verify all details.

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