Bedrooms
2
Bathrooms
2
m²
198
Floor
2
HOA / month
$9K MXN
Furnished
Furnished
Parking
Carport
Pet friendly
Yes
View
Ocean
Units in dev.
20
Year
2008
$/m²
US$2,755
🏢 See all units in Terraza Del Mar(20)→

Description

Located in Terraza del Mar, Amapas, this 2-bedroom, 2-bathroom condo features 198 m² that feels more like a home than a condominium. Ten units per tower cascade down the hillside with spectacular Bahía de Banderas views. Luxury finishes include granite and marble countertops throughout. The property includes a spacious terrace, generous storage room, rear entry, funicular, small front stairs, and ample service stairs. Positioned south of the Romantic Zone, steps from the beach and town.

Listed by Puerto Vallarta Villas · Michael Holland

Investment indicators

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

Price
39% below area $/m²
Location
Ocean view · South Shore
Terms
↓ 9% below original price

Is this a good price?

▼ 39% below the South Shore median
◀ Better valueMedian US$4,487/m²Premium ▶
↙ This property is 39% BELOW the median (better value)
This property is priced at US$2,755/m². See the South Shore market report →

Investment estimates

📈
Estimated gross rental income
$61,209 USD/ year gross9.2% gross yield
≈ $42,846 USD/ year net (after ~30% costs)6.5% net
≈ $92K/mo gross · median ADR $6,037/night · 50% occupancy · from 409 Airbnb rentals in Amapas / Conchas Chinas
🧾
Estimated closing costs
$24,498 USD≈ 3.7%
Acquisition tax
$13,242 USD
Notary
$7,945 USD
Registry
$3,311 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.

🏖️
Los Muertos Beach
~2 min · 0.4 km
🎭
Romantic Zone
~2 min · 0.8 km
🏛️
Downtown / Malecón
~4 min · 2.1 km
🏥
San Javier Hospital
~12 min · 6.7 km
🛒
Costco / La Comer
~15 min · 8.2 km
⛵
Marina Vallarta
~15 min · 8.2 km

What's nearby in South Shore

The lifestyle around this property.

  • Panoramic Banderas Bay views from the hillside
  • 4–5 blocks from Playa Los Muertos and its pier
  • Part of the Romantic Zone: bars and Restaurant Row steps away
  • Relaxed, LGBT-friendly vibe with hillside calm
  • Limited supply + views = strong appreciation

Top-rated in South Shore

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

Dining
  • Margarita PV4.5(4,480)
  • El Dorado Restaurant4.4(1,977)
  • Algo Bueno PV4.9(516)
Health
  • Hospital Joya Marina4.3(356)
  • Hospiten Puerto Vallarta4.2(362)
  • SANMARÉ Health-Care Group4.6(108)
Groceries
  • Mini Super Amapas4.2(137)
Gyms
  • Life Gym Vallarta4.3(336)
  • Optimus Gym4.9(45)
  • Guerreros Fitness Training Center gym4.6(15)

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%)
$163,500 USD
$2,943,000 MXN
what you pay upfront
Monthly payment
$3,556 USD
$64,009 MXN
per month
Loan amount: $381,500 USD
Total interest: $471,959 USD
Term: 20 yrs

How it compares

This unit is priced ~39% below the average $/m² of 4 comparable listings nearby — a strong relative value.

Listingm²Price$/m²
This property
198US$545,000US$2,755
154US$795,000US$5,151
225US$885,000US$3,933
115US$455,000US$3,942
153US$775,000US$5,075
Comparables avgUS$4,525

Listing courtesy of Puerto Vallarta Villas · Michael Holland. Data from Vallarta-Nayarit MLS. · MLS 00-35147 Information deemed reliable but not guaranteed. Buyer should independently verify all details.

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