What's the difference between a house and a condo in Puerto Vallarta for investment?

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.

How much does it cost to maintain a house in Puerto Vallarta?

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).

Can a foreigner remodel or renovate a house in Puerto Vallarta?

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.

Live MLS

Punta Iguana Real Estate — Houses for Sale

Search live listings, prices and market data for houses in Punta Iguana.

Zone

Type

Beds

Min price

Max price

Min m²

Max m²

Punta Iguana Houses Market

Active listings

$40.6M MXN

Median price

$32.3M–$50.4M

Price range

US$0

Median $/m²

Top developments:Puerto Iguana 1

About Punta Iguana

Punta Iguana, Puerto Vallarta, is one of the most sought-after areas to buy real estate in the Puerto Vallarta & Riviera Nayarit market. Right now there are 4 homes for sale, from $32.3M to $50.4M MXN (median $40.6M), 3–4 bedrooms and 250–550 m². Many enjoy ocean views. Leading developments include Puerto Iguana. Prices and inventory update daily from the Vallarta-Nayarit MLS.