• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result

The Advantages Of Buying Real Estate In Puerto Vallarta

Why This Brand-Name City Is A Top Choice For Rental Return

Lee Harrison by Lee Harrison
Nov 01, 2019
in Mexico, Real Estate
0
Puerto Vallarta in Mexico beach and town

Image Source: istock/Elijah-Lovkoff

215
SHARES
3.1k
VIEWS
Share on FacebookShare on Twitter

Puerto Vallarta has been an elite destination since Richard Burton, Ava Gardner, and Tennessee Williams arrived in 1963 for the filming of “The Night of the Iguana”… and it was made even more famous by the affair Burton had with Elizabeth Taylor during the filming.

Since then, Puerto Vallarta has enjoyed the status of a “branded” city that conjures images of sun, fun, surf, beaches, fine dining, and natural beauty.

Branded cities hold a big advantage for property investors… as their public image alone goes a long way toward making the case for visiting, buying, or investing. When it comes time for renting or resale, your life is easier if you’re in a branded city.

What’s more, the operating cost for a property in Puerto Vallarta is cheap these days, thanks to the current strength of the U.S. dollar. Your taxes, restoration costs, furniture, and upkeep will be half of what they would have cost at the exchange rates of just a few years ago.

And it’s not only the operating costs… the cost of living here is now also incredibly low, which makes Puerto Vallarta even more attractive to visitors, renters, and resale buyers. Everything from fine dining to clothing and car repairs is a bargain these days. Back in the 60s, Puerto Vallarta was a famous jet-set destination… today, it’s affordable for most any traveler or expat.

There’s no better place for escaping the harsh winter weather than coastal Mexico, and Puerto Vallarta (PV) is one of Mexico’s most popular destinations. The climate in PV is absolutely magnificent during the North American winter with warm, dry days and cool nights. The average high in January is just over 83 degrees, while the average low is down at 62 degrees.

But it’s hot in the summertime, with August temperatures averaging almost 93 degrees. That may not sound like much if you live in Arizona, but humidity at this time runs about 70%… so it feels a lot warmer.

Ocean temperatures are fairly warm all year… at least by my Northeastern U.S. standards. The rainy season goes from June through October, with most rain falling between July and September. Dawn-to-dusk rainy days are unusual though, and afternoon showers are the norm.

Puerto Vallarta excels when it comes to dramatic scenery and long ocean views, as it’s located at a point where the western Sierra Madre range joins the ocean. Its elevation rises rapidly as you go inland from the beaches, which provides for a wealth of magnificent ocean and sunset views in this area. Thanks to adequate summer rainfall, the hills around Puerto Vallarta (and points south) are green, lush, and thick with vegetation.

The city of Puerto Vallarta is centered on the Banderas Bay, with the greater PV area extending for miles in both directions. And make no mistake… there are a lot of good living options outside of the original downtown, both to the north and south.

But downtown Puerto Vallarta is the most popular with expats. It not only offers a sought-after, walkable lifestyle, but also the best liquidity, the strongest short-term rental market, and good property price performance.

The city proper includes Centro (along with El Cerro, 5 de Diciembre, and Gringo Gulch) and what’s popularly known as the Romantic Zone (Zona Romántica), along with Emiliano Zapata and Alta Vista. Centro and the Romantic Zone are divided by the Cuale River.

Centro is on the north side of the river, and it’s the heart of Puerto Vallarta. It has preserved its original cobblestone streets and buildings, and has maintained the appearance of old Mexico. Centro offers everything you need, within easy walking distance. There are plenty of shops, cafés, fine and casual restaurants, markets, and some of the city’s best nightlife. The long and beautiful Malecón (boardwalk) begins here, which is the hub of seafront life.

El Cerro and 5 de Diciembre are also on the north side of the river, just inland from Centro, located where the terrain begins to rise into the surrounding hills. And while not as polished or well-maintained as Centro, they still maintain the appearance of old Mexico while offering some amazing ocean views.

Here you’ll find some areas in beautiful condition, while others can be run down… but there are some good property deals here, so it’s worth a look. Gringo Gulch is another (unofficial) area inland of Centro, and as the name implies, it’s very popular with Anglo expats from the United States and Canada. This is the original American sector in PV, from the days when Richard Burton and Elizabeth Taylor owned a home here.

This is a convenient area, located along the north bank of the Cuale River just east of Centro. You can walk easily to all the conveniences of Centro… although the uphill walk back won’t be quite so easy. Gringo Gulch is a good place to live and a popular place to buy property.

The Romantic Zone is still in PV proper, but south of the Rio Cuale. I’m not sure how the Zona Romántica got its name. Apparently, someone’s idea of “romantic” includes hordes of tourists and cruise passengers, crowded beaches, souvenir shops, and plenty of places where you can buy a Puerto Vallarta T-shirt.

In fairness, the Romantic Zone also includes PV’s best restaurants and cafés, best nightlife, and elegant beachfront dining. The south side of the river also includes the old-fashioned neighborhood of Emiliano Zapata and the more-upscale Alta Vista.

Puerto Vallarta offers beautiful beaches, an iconic boardwalk, and more fine dining and entertainment than you can ever explore. It’s well worth your consideration for a winter home or for that vacation rental property to provide you with some extra income.

Moreover, this is a branded city… one that’s well-known throughout the world.

Puerto Vallarta is also a good example of a place where it’s critical to keep your objectives in mind. Are you planning to live in the city part-time? Full-time? Is your objective to earn the best rental income… or just to cover costs for a second home?

Honest answers to these questions are important in Puerto Vallarta.

The highest rental demand will be in the Zona Romántica, near Los Muertos beach… but this is also the noisiest section of the city, and won’t be ideal for a long-term resident. The most peaceful areas are up in the hills south of town… but these areas are not walkable to all the action, as your potential renters will want.

So take stock of your objectives and priorities honestly… then plan a visit.

Then enjoy shopping for real estate in one of Mexico’s most exciting coastal cities.

Lee Harrison

Comments

Share86Tweet54
Previous Post

Living In Belize As An Expat: What You Need To Know

Next Post

Lazy Days In Paris: How Live And Invest Overseas Was Born

Lee Harrison

Lee Harrison

Lee has been living overseas for nearly two decades, making his first purchase abroad in the colonial city of Cuenca, Ecuador. After that first investment, he traveled extensively across Latin America and Europe looking for the best property deals possible. Lee’s network of property insiders from those travels, along with his understanding of local cultures and languages, has helped him develop insight into local property markets that only the locals usually possess.

Related Posts

Beautiful view of Tulum beach during sunrise in Mexico
Mexico

Buying Property In Mexico: Step-By-Step Guide For Expats

by Lee Harrison
April 20, 2021
0

This is my sixth year in Mexico, and I’ve never seen real estate action like I’m seeing now. And the...

Read more
Carvoeiro town and beach in the Algarve, Portugal.

Some Helpful Tips Before You Buy Real Estate In Portugal

April 14, 2021
El Castillo and Caribbean beach, Mayan Ruins of Tulum, Mexico.

Big Opportunities In Tulum And Puerto Vallarta, Mexico

March 19, 2021
Cabo San Lucas, Baja California Sur, Mexico.

The 9 Places Expats Should Consider When Retiring In Mexico

March 18, 2021
Mazatlan Beach strip, an area with many hotels for tourist.

Mazatlán: The Best And Easiest Option For Beachfront Lifestyle For Expats

March 17, 2021
Alamos, Mexico.

Why Álamos Is The #1 Place For Single Women Overseas

March 16, 2021
White sand beach in Playa del Carmen, Riviera Maya, Mexico.

Move To America’s Most Popular Expat Destination In 2 Weeks

March 15, 2021
Next Post
An autumn afternoon in paris is how live and invest overseas was born

Lazy Days In Paris: How Live And Invest Overseas Was Born

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.

Start Your New Life Today, Overseas

how to retire overseas

LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2021

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

WANT TO RETIRE OVERSEAS?

Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll immediately send you a free report on the 10 BEST PLACES TO RETIRE in style overseas. Each day you’ll learn about the best opportunities for international living, retiring overseas, offshore diversification and asset protection, and investing in real estate around the world.

Get Your Free ​Mexico Report Today!
 

​​​Learn more about ​​​MEXICO ​​​and other countries in our free, daily Overseas Opportunity Letter​​​​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT – ​​​Mexico: Home To The World's Largest Population Of North American Retirees
 

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.