Puerto Vallarta Real Estate's Best Kept Secrets
 Top Mexico Real Estate
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While Puerto Vallarta Real Estate is an established market, with many new communities that have sprouted up recently around the Bay of Banderas, TOPMexicoRealEstate expert, Michael Green, points out that there are a couple of neighborhoods with the usually high-priced luxury of walking distance to downtown, which are just now beginning to draw large amounts of attention from foreign buyers.
One such neighborhood is Alta vista, a short walk southeast of the historic town center. The neighborhood offers Puerto Vallarta condos, with excellent views of the Bay and the surrounding mountains, with prices as low as $200,000 U.S., and slightly fewer luxury villas, starting around $500,000. A less-known aspect of this neighborhood are the homes that are being sold as projects for innovative buyers who are willing to take on a renovation project. These Puerto Vallarta properties can be acquired at half the price or less, and with some time, dedication and investment can become excellent homes for enjoying Puerto Vallarta's beachfront lifestyle, or profitable investments for re-sale.
Another area which will catch the attention of savvy buyers is neighborhood known as "5 de Diciembre." This neighborhood is at the north end of the historic old town, just at the beginnings of the hillside. The neighborhood includes "old town" Mexican homes, some cobblestone roads, and a few working class areas. Some of the traditional Mexican homes have been kept up, and have found appeal with international buyers who prefer the romantic atmosphere; a bit higher on the hillside, there are some new condo projects, with excellent views, close walking access to downtown, modern design, and very accessible prices beginning at $200,000. One example is "Los Altos Villas" condos, which includes a central court yard with a rustic-stone style.
There are many other neighborhoods with excellent real estate options available in Puerto Vallarta, and these are only two samples of two which are offering exceptional opportunities, and have only recently begun capturing more attention for buyers. While the advantage of being within walking distance to the old town usually commands much higher prices, these two communities still have more accessible prices for high-quality new developments, as well as renovation projects.
TOPMexicoRealEstate is one of Mexico's leading networks of specialists for finding and purchasing Mexican properties safely. |
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