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Why People Are Keen To Invest In Puerto Vallarta Real Estate?

Mexico’s development has been catching up with the rest of the world. Newspapers are splashed with news highlighting the potential of the country. Once a country loved by tourists for its exotic setting is now transforming into a real estate hotspot.

Advantages of Living in Puerto Vallarta

Puerto Vallarta is a wonderfully developed, yet simple little town on the Bahía de Banderas in the Pacific. Largely considered a resort community, there are a number of condominiums and other dwellings in the area.

One of the most striking things about Puerto Vallarta is the fact it’s become a popular destination for ex-patriots from the United States and Canada.

The reason so many people have emigrated to Puerto Vallarta is because of it’s weather, high standards of living and its affordability. Moreover, there’s much to see and do in this seaside Mexican city. Outdoor activities abound here and there’s no shortage of distractions.

About Puerto Vallarta

The town of Puerto Vallarta is the sixth-largest city in the Mexican state of Jalisco. It has a population of nearing 260,000. And though the city boasts plenty of recreational activities and a resort-like feel, it’s the main economic driver is agriculture.

Throughout the region, dry beans, flour corn, sweet corn, tobacco, resh chile fruit, and watermelon are grown. Livestock is common in Ameca Valley and there is a large fishing industry in the Bay of Banderas. But although these industries are the largest part of the economy in Puerto Vallarta, the tourism industry is a significant contributor.

The town of Puerto Vallarta has been named “LA CIUDAD MÁS AMIGABLE DEL MUNDO” or “the Friendliest City in the World”. The city has grown substantially in the past few decades and has become a very popular place to vacation and for those looking to relocate.

Advantages of Living in Puerto Vallarta

There are a number of reasons people choose to live in Puerto Vallarta. Most take advantage of the many things to see and do. Others relocate to enjoy a more peaceful lifestyle and still others like the affordable living the city provides.

Here are some of the most compelling reasons to live in Puerto Vallarta:

  • LOCATION, LOCATION, LOCATION. The defining measure of real estate value is the location. And Puerto Vallarta has it in more than one way. There are many condo communities in the city which are nearby schools, shopping, restaurants, and hospitals. Commutes in the town are short and easy.
  • FACILITIES. The condominium developments in Puerto Vallarta have many luxury amenities. From gyms to spas, to swimming pools and tennis courts, there are several amenities on each property.
  • MAINTENANCE. The living communities in the city are managed by professional companies. Upkeep and grounds maintenance is all taken care of.
  • SECURITY. Twenty-four hour-a-day, seven-day-a-week security is provided in these communities.

Cost of Living Advantages in Puerto Vallarta

The cost of living in Puerto Vallarta is more economical than living in the United States and the environment is much like living in southern California.

It’s a great place to retire or relocate because it’s already been developed and is more modern than comparable places south of the border, according to US News and World Report.

Here are some more financial advantages to living in Puerto Vallarta for those looking for a place to retire or those who just want to relocate to someplace exotic:

  • YOU GET MORE FOR LESS. While there are still more bargains to be found in Central and South America, Puerto Vallarta’s proximity to the United States makes it a great deal.
  • UTILITIES ARE LESS EXPENSIVE. Although the area is quite developed and there are a number of amenities compared to the USA, the UK, Canada, and Australia, home climate costs are relatively low here.
  • HEALTH CARE IS MORE AFFORDABLE. This is true in most of Mexico. Compared to the average cost of a doctor’s visit in the United States, it’s a serious bargain.

Read also: Compare Home Loan Interest Rates in Australia

Puerto Vallarta Arts and Culture

Puerto Vallarta is a growing community, home to many, many expats from the United States, Canada, and Europe alike. Located on the west coast of Mexico, in the state of Jalisco, bordering the Pacific Ocean and the Bahía de Banderas, it boasts a tropical climate, with warm winters and balmy summers.

The town has become a kind of resort community, having many modern features commonly found in the U.S. and Canada. Along with its location and low cost of living, Puerto Vallarta has become one of the leading places for vacationers, seasonal residents, and even expatriates.

The Puerto Vallarta Lifestyle

The lifestyle in Puerto Vallarta is quite laidback. It’s a departure from the hustle and bustle of the big cities, with miles of beach, along with lush forests and mountains nearby. Residents and visitors enjoy horseback riding, sailing, surfing, nightlife, hiking, kayaking, and much, much more.

One of the most spectacular things about Puerto Vallarta is the sunset. People watch in awe as the sun sinks over the horizon of the Pacific Ocean. And the weather is simply delightful. Summers are warm and winters are very mild, making it a great place to live, work, and play.
There are many new residential opportunities becoming available, as the town grows its year-round population.

The Arts and Culture of Puerto Vallarta

Art lovers will adore the many places to see and experience art mediums of all kinds. Downtown, both residents and visitors can find Art Walk Puerto Vallarta, on the south side, there’s the Boutique Theater, Cuale Cultural Center, which is to the east and nearby the Cuale River, Walking Art Tour of the Puerto Vallarta Malecon, Foundation Aire Fresco, Puerto Vallarta Artists Open Studios, Puerto Vallarta Festival Gourmet.

For dance enthusiasts, there’s the Xiutla Folkloric Dance and Ballet, a great and eye-catching experience. And performing arts lovers will absolutely delight in The Puerto Vallarta Theater, locally known as Teatro Vallarta, which is a modern theater that opened in 2010.

With its seating capacity in excess of 900, Teatro has played host to the Russian Ballet, operatic singer Filippa Giordano, and many others.

Get close to nature and discover the Puerto Vallarta Botanical Gardens, which have some of the finest specimens in all of Mexico.

Excitement awaits in the many yearly festivals the town hosts. Annual festivals in Puerto Vallarta keep growing year over year, from their infancy, they grow into highly attended festivities which include photography, film, jazz, even sailing regattas.

Come and discover all that Puerto Vallarta is and delve into an experience you’ll just fall in love with from the first day you arrive.

Puerto Vallarta Recreational Opportunities

Puerto Vallarta is fast becoming the home to more and more American and Canadian expatriates, making it a thriving city with a lot to offer both visitors, seasonal residents, and expats. Nestled near the Bay of Banderas in the state of Jalisco, Mexico, and right on the Pacific Ocean, this great city is known for its plethora of recreational opportunities, terrific weather, and laid-back lifestyle.

Agriculture is the principal industry in the nearby areas, but because of its location, tourism, and the industries it serves are growing. Hospitality, restaurants, and entertainment venues thrive in this wonderful, yet quaint city.

Life in the City of Puerto Vallarta

Puerto Vallarta residents enjoy the scenic Pacific Ocean, and that sets the pace of the lifestyle in the area. Common attire is casual attire, and the attitude by the locals has come as you are.

Weather is nice year-round, with a tropical type of climate that makes outdoor living and activities available no matter the month or the season. Highs during the summer during the daytime climb up to a balmy 86 degrees, with overnight lows dropping into the mid to low seventies.

Recreational Opportunities in Puerto Vallarta

As you might imagine, because of the warm weather and being located next to the Pacific Ocean, there’s a lot to see and do in Puerto Vallarta. Relaxing on the beach is always a nice option, spending the day lounging in the sun. Watching the sun sink into the horizon across the Pacific Ocean while cozying up next to a fire is a great way to end each and every day.

There are many outdoor recreational opportunities, from the Vista Vallarta Golf Club to horseback riding, to seeing the ruins in the nearby mountain range. Hiking, kayaking, canoeing, and camping are other activities many people like to indulge. Or, walk through the Puerto Vallarta Botanical Gardens.

Walk along the Zona Romantica, Los Muertos Pier, or visit the Puerto Vallarta Boardwalk, locally known as the Malecon. Or see Lucy’s CuCu Cabana & Zoo. For those who want to see historic sites, the El Faro Lighthouse is a great place to visit. There is also a healthy nightlife in the city of Puerto Vallarta. See the sites and hear the sounds of local entertainment in the city.

And for those who love the water, fishing, scuba diving, powerboating, and sailing are great activities. There’s more to see and do in the town of Puerto Vallarta. And when you live here, it’s available every day of the year.

Read also: 5 Tips for Owning a Second House in Another Country

5 Steps To Make A Mark in the Vallarta Real Estate Industry

A major role is being played by the real estate agents who work hard to strike the best deal for the buyers. This job isn’t easy and all those you are out on their own do require some serious tips.

Vallarta Real Estate
Vallarta Real Estate

Talk less, listen more:

While venturing out in this field, an agent should be open to learning. He/she can achieve this by observing, listening and asking questions. If an agent behaves as if he/she knows everything, then it is assured that the agent will never taste success.

The best way to learn is by finding a mentor who has prior experience in the field. New agents should remain alert always and realize that every day has something new to offer.

Be prepared for the worst:

All days aren’t the same and this should be remembered by the agents who have started taking their baby steps in this field. They should be ready to go the extra mile to learn as well as be successful.

They should not have any dos or don’ts instead willing to try out everything which makes them acceptable in the market. Things might not work out in one go but this should deter the agents from pursuing it till they succeed.

Stock up:

The initial days of every new beginning are unpredictable. Therefore before putting one’s foot in this business, it is advisable that the agents have enough funds to keep them going for at least a few months.

It will be foolish if they start expecting profits right from day one. Every new start takes time to reap benefits and a smart agent will always be prepared till the right time comes.

Keep emotions at bay:

The starting is always the toughest and most likely things might not go as planned. This doesn’t mean one should get all dishearten and assume it as the end. In fact, they should take these failures as opportunities to learn and become stronger for the upcoming struggles.

Go deep down:

Don’t take or accept anything at its face value is the mantra for success. Be skeptical and be inquisitive enough to find the ‘hows’ and ‘whos’ of everything. Have faith in yourself and follow basic instincts. Keep yourself prepared always and brace up for the tough world for it will definitely be a sweet-bitter journey.

5 Tips To Impress Puerto Vallarta Home Buyers

Puerto Vallarta homeowners are a lucky breed. Not only they have a home in probably the most scenic place in the world but they are sitting on a solid investment.  Any real estate in Puerto Vallarta bought at the right time at the right place can bring you windfall gains. Many people invest in a vacation home or a second home for the purpose of price appreciation.

If you have decided to sell off your home so that you can take away the profit then it is the right time to do so. The prices in Puerto Vallarta are at an all-time high. But before listing your home for sale there are few things that should be adhered to so that you can get the best offer your home deserves.

Though there are many steps that one can undertake and each home has its peculiar needs, there are few pointers that are common to all. These are most of the time minor enough to be undertaken without any great expenses but can make a lot of difference while selling.

Here are my top 5 recommendations to impress buyers for your Puerto Vallarta home:

1. Repairs

Most of the time, a home needs minor repairs. While you’re living there or not using it, these repairs can be ignored but when you are showing the home to a buyer then you can’t help but fix them. Homebuyers notice each and everything.

They undertake a rigorous inspection. Small repairs may give the impression that the home may be in need of some major repairs also. This may scare off the buyer or they will offer a lower price. Both are not ideal scenarios.

2. Painting

Before listing your home for sale, touch up your rooms. Take special care of damp areas and the areas where the repair has taken place. Paint gives a home a fresh look. Even if you can’t pain the whole house you can surely touch up the areas which require attention.

3. Remove clutter

Clutter can make a home look small or shabby. All you have to do is pick and throw away the clutter that you have been storing for so many years and have no intention of ever using it.

4. Depersonalize

When a buyer inspects your home, they try to visualize the home as their home. Personal items such as family pictures on the walls, your home décor collection on the shelf, your kid’s paintings on the refrigerator – all of them can obstruct a potential buyer to imagine the home as theirs.  Such personal items should be packed away.

5. Add curb appeal

The exterior of a home is as important if not more important than the interiors of a home. Remember the saying – ‘first impression is the last impression’? Keep your walkways clean. Remove the debris, tend your garden, and remove the shrubs. Paint the front door. Clean the dirty spots around the knobs and polish the metal door fixtures. Fix the outdoor lightings. Add some potted plants. And voila you will have a great looking home!

All these tips are very minor and do not cost a bomb.  As a real estate agent, I have found these to be invaluable. Hope you also find them useful.

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