• 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

Rental Yields In Puerto Vallarta, MX

Lief Simon by Lief Simon
Oct 29, 2010
in Retirement/Living
0
Investing In Puerto Vallarta, Panama, Or Ambergris Caye, Belize For Rentals
209
SHARES
3k
VIEWS
Share on FacebookShare on Twitter

Most Proven Yield Market In Mexico

Every real estate market has layers and levels. You can buy at the local level, which generally means a sometimes much lower price but also lower quality and higher density. You can buy in the established part of town. You can buy in a new development. Or you can buy on the edge, way out in front of everyone…in the path of progress.

The Puerto Vallarta area where I’m scouting this week has all of these levels of opportunity, making it one of the few markets I know that qualifies as truly for everyone.

The real estate agent touring us around has helped us to get the lay of the land…

Immediately south of Puerto Vallarta has been developed over decades and is pretty much done from a new development point of view. However, a surge in land buying very far south by developers probably means a new round of construction in that region in the next few years.

Along this part of the coast, south of P.V., you find a wide range of high-end condos and multi-million-dollar houses overlooking the beach. The feel in this area is more residential, although resorts dot the coastline.

The Riviera Nayarit, the area that has my interest right now, lies north of P.V., just over the state border between the state of Jalisco (where you find Puerto Vallarta, the airport, and the cruise ship dock) and that of Nayarit. Crossing this border, you come first to Nueva Vallarta, a densely developed area of hotels and condos, golf courses, and a marina.

Past Nueva Vallarta, development density lessens. At Punta Mita, there’s a Four Seasons resort and a number of villa and condo developments. We’re staying in between Nueva Vallarta and Punta Mita, in La Cruz de Huanacaxtle, at a villa community called Vallarta Gardens. The property includes around 50 villas, several swimming pools, a clubhouse, and a restaurant. The units are built so you could rent out the entire house or individual rooms.

Past Punta Mita, development density lessens again. Of note is the town of Sayulita, a tourist destination that has managed to retain its “Old Mexico” charm. Lots of restaurants, small hotels, and B&Bs right on the beach. This is the kind of town that Americans have been coming to Mexico to find for decades.

The coast continues, beach after beach, bay after bay, to Playa de Tortugas and then on to San Blas, where the “Riviera” officially ends. It’s a long stretch of the stuff that, as Will Rogers pointed out, nobody’s making anymore of.

And the Mexican government has a plan to make it more accessible. They’re intending to widen the road and to build a new international airport. Meantime, the governor of Nayarit has been working aggressively to promote tourism to his region’s biggest asset. This year, he wooed a regatta that previously had been held in Acapulco. By offering incentives, he persuaded the regatta planners to hold their event in Nayarit instead.

In other words, the path of progress is heading north. And, because this market is so diverse, your options for positioning yourself to benefit are many. Go far north, and you’re really ahead of the curve. Stay between Nueva Vallarta and Punta Mita, and you’re in the current area of activity.

The variables to consider are proximity to P.V. town and the airport, age of construction, rentability, and, of course, cost. For what you could spend on a small condo on the water close to P.V., you could buy a villa with an ocean view about 30 to 60 minutes north.

I’ll detail particular purchase opportunities at various price points for my Marketwatch members in the coming couple of weeks.

Meantime, the salient point for this market from an investment point of view is that, while tourism to Mexico fell off dramatically in 2009, it is up in 2010 and rising steadily.

However, even through the downturn, the hotels in Nueva Vallarta maintained their historically high occupancy rates. Again, I’ll have particulars for my Marketwatch members, but, in my mind, Puerto Vallarta, especially certain areas of this wide and expanding market, is Mexico’s most proven rentals market.

If you want to buy for yield, therefore (and, as I remind you often, this is the play to be making right now), P.V. is the place in Mexico to shop.

Beyond the investment angle, this area of Mexico, thanks to its beauty, accessibility, and interesting old town, is one of the few places I care to spend time in this country.

Lief Simon

Comments

Tags: 'Rental Yields'puerto vallarta rental
Share84Tweet52
Previous Post

Retire To Beachfront In Mexico

Next Post

Precious Metals Investing

Lief Simon

Lief Simon

Lief Simon has lived and worked on five continents and traveled to more than 60 countries. In his long career as a global property investor, Lief has also managed multimillion-dollar portfolios of rental properties, for others and for himself. He offers advice on international diversification in his twice-weekly Offshore Living Letter and monthly Simon Letter dispatches.

Related Posts

Riverside in Tavira on a summer morning, Faro District, Algarve, Portugal.
Retirement/Living

Why Tavira Is The Best Place To Retire In Portugal

by Sophia Titley
February 24, 2021
0

Our 2021 Retire Overseas Index names Tavira, Portugal, as the single best place in the world to launch a new...

Read more
Cost Of Retirement In Portugal vs. Panama

Cost Of Retirement In Portugal vs. Panama

February 24, 2021
Dordogne, France.

The Challenges Of Living Abroad And How To Overcome Them

February 22, 2021
Beautiful Caribbean sight with turquoise water in Caye Caulker island, Belize.

10 Reasons To Reinvent Your Life In Beautiful Belize

February 17, 2021
View overlooking Corozal township in Belize.

Different Places To Live Well In Northern Belize

February 16, 2021
Paradise beach on Koh Kood island, Thailand.

Expat Community Share Their Biggest Fears Of Moving Overseas

February 14, 2021
Sunset at Algarve coast, Carvoeiro, Portugal.

The Key To Moving To A Different Country In Today’s World

February 12, 2021
Next Post
Rare Strategic Metals can be a great investment to make as their demand is going higher.

Precious Metals Investing

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.

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