Canal Real Estate — Homes for Sale

There are 15 homes for sale in Canal right now, priced from US$329K to US$6.29M. The median asking price is US$1.05M ($18.4M MXN). Figures come from the Vallarta-Nayarit MLS and update daily.

2 bedrooms: 1 listed, median US$719K (~132 m²); 3 bedrooms: 4 listed, median US$645K (~248 m²); 4+ bedrooms: 10 listed, median US$1.99M (~558 m²).

Right now none of the 15 listings are marked beachfront or ocean view; most are inland or garden view, which is usually where the better price per m² is.

By current inventory: Rinconada Banderas, Loma Del Sol. Each one has its own page on HOMIA with every available unit and its price per m².

1 of the 15 listings are pre-construction and 0 offer developer or owner financing. 1 hit the market in the last 30 days, and the median listing has been on the market 250 days.

Houses in Puerto Vallarta offer more privacy, outdoor space, and renovation flexibility, but have higher maintenance costs and greater capital requirements. Condos offer shared amenities, lower maintenance, and generally better resale liquidity. For vacation rental, both perform well depending on the zone.

Annual maintenance for a house in Puerto Vallarta typically equals 1–2% of the property value, plus property tax (very low vs. US/Canada, generally $300–1,500 USD/year) and homeowner insurance ($800–3,000 USD/year depending on value and zone).

Yes. The Fideicomiso bank trust grants the foreign buyer full property rights, including the right to modify, build, or renovate within municipal building codes. Major renovations require a municipal construction permit.