Puerto Vallarta is one of the top destinations to invest in vacation rental property

According to La Haus, Puerto Vallarta and Mazatlán are positioned as the best cities in Mexico to invest in property to be used as short-term vacation rentals.

Alejandro Berman, Marketing Vice President of La Haus, indicated that although beach destinations stand out as those with the greatest potential in the short-term rental property segment, entities such as San Miguel de Allende, in Guanajuato, or tourist sites such as Peña de Bernal are holding their own as well.

“Rentals to travelers are a new channel for generating income for investors. The profitability of short-term rental housing can be between 10% and 15% per year, well above the interest earned in financial institutions,” said Berman.

For the director of La Haus, the value that tourism generates in Mexico makes the option of buying real estate only for rent attractive to real estate investors, since tourists appreciate this type of space for factors such as lower cost, the possibility of choosing a comfortable property or luxurious atmosphere, as well as wide range and security.

Cities like Puerto Vallarta or Mazatlán are positioned as cities with the potential to expand the property market for short-term rentals and turn a profit for owners.

“Currently there are multiple housing developers that have greater clarity about what type of properties these travelers are looking for, and with that knowledge, they develop properties that respond to specific needs of vacationers today,” said Berman.

Likewise, destinations that do not have a beach as one of their main attractions have also shown potential in this market, due to their conditions, such as San Miguel de Allende or Peña de Bernal.

“On our platform, between 30% and 40% of real estate purchases were for rent and were acquired among friends or relatives, who found pre-sales a key moment to start their investment project,” said the director of La Haus.

Looking to buy an investment property in Puerto Vallarta, contact Ryan Donner and Associates

Subscribe here for just .08 cents per day to read subscriber content, join the PVDN newsletter, and browse with site ad-free. Support local news.

Trending news on PVDN

  • Guadalupe pilgrimages begin in Puerto Vallarta The pilgrimages to the parish of Our Lady of Guadalupe and San José began in Puerto Vallarta, which this year expects more than 400 processions during the decade. According to the head of the Parish of Our Lady of Guadalupe and San José, Alberto Aldana López, the influx of parishioners is estimated when activities resume…
  • Mexico’s minimum wage increased to $10.50 USD for an 8-hour workday Mexico declared a 20% increase in the country’s daily minimum wage Thursday. Starting next year, the basic minimum wage will be 207 pesos, or about $10.50, for an eight-hour day. That’s up from the current level of 172 pesos, or about $8.80 per day. Stubbornly high inflation, however, is expected to eat into that increase.…
  • Police officer arrested for the murder of his girlfriend in Puerto Vallarta After months of investigations, the Special Regional Prosecutor’s Office of District VIII, in Jalisco, announced the arrest of a police officer from the State of Mexico who is accused of murdering his girlfriend and fellow police officer while vacationing in Puerto Vallarta.
  • The commission of missing persons organized a search to find dozens of missing people in Puerto Vallarta The Commission for the Search for Persons of the State of Jalisco, implemented an operational deployment for three days in the municipality of Puerto Vallarta with dozens of relatives of people who have gone missing in Puerto Vallarta. During Monday, Tuesday, and Wednesday of this week, various search actions were carried out, with the intention…
  • Puerto Vallarta ranks third worldwide in the top 10 global beach destinations that grew tourism in 2022 According to a list of tourist arrivals by air prepared by the firm specializing in data analytics, Forward Keys, and released at the World Travel and Tourism Council ( WTTC ) the Top Ten Global destinations with the highest growth include Puerto Vallarta and two other Mexican destinations. San José del Cabo, in Baja California…
Puerto Vallarta News

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms
error: Please contact PVDN if you wish to reprint something from this website