vallarta real estate on the rise

Puerto Vallarta real estate has increased as much as 25%

In the second quarter of 2018, condo prices in Puerto Vallarta rose 25%, despite an increase in inventory with more than 500 new units, according to brokerage firm Coldwell Banker.

The average price of a condo in Puerto Vallarta was $310,000 dollars at the end of the second quarter of this year, while during the same period of 2017 they were quoted at $248,000 dollars.

Likewise, the average price per square meter (m2) has an upward trend: the average was about $2,300 dollars per m2 in the second quarter of 2017 and went to $3,000 dollars in the same period of 2018.

Receive the PVDN newsletter, exclusive content, and Whatsapp messaging for emergency alerts, by becoming a PVDN Supporter, Become a Sponsor here.Or if you would like to make a one-time donation to show support for independent news make a donation here.

Brock Squire, director of Coldwell Banker La Costa, explained that the reasons for the increase were the new production in the condo market and that there is a lot of foreign demand.

“The location is very important, many of them are condominiums in front of the ocean in places with entertainment: restaurants, bars, malls, all of high-quality,” explained Squire. However, the real estate specialist considered that prices will stabilize in the future. | Photo by @123milhas

Pier 57 Unit 202

$521,700.00 174 Francisca Rodriguez 202 Innovative and adaptable are two words that best describe the cleverly designed Pier 57 condominiums.…
1014 sqft

Villas Banderas 2

$599,000.00 864 Carr. A Barra de Navidad Absolutely gorgeous Mexican style 2-bedroom, 2 full bath condo in Lower Conchas Chinas. Villas Banderas…
2614 sqft

CasAmanda Conchas Chinas

$1,700,000.00 134 Paseo De Las Conchas Chinas PRIVACY, TRANQUILITY & NATURE all within this stunning, multi-leveled villa nestled in desired Conchas Chinas.…
3421 sqft

Puerto Vallarta News

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms