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Owing a Puerto Vallarta Home – Should You Buy a Complete Home or Land to Build?


Michael Green, puertovallarta Broker By Michael Green
2012-05-24

When you decide that you would like to own a Puerto Vallarta home, you basically have two approaches to choose from before you start your search; one is buying a complete home, the other is investing in Puerto Vallarta land for sale and having a home built.  The following is a brief overview of each option.

 

Puerto Vallarta homes for sale

There is a good variety of homes for sale in Puerto Vallarta for any budget and lifestyle.  There are quaint little Mexican-style casitas that are extremely low-cost by North American standards, and there are luxurious beachfront villas on private estates that can run up into the millions (although they are still much cheaper than they would be in the U.S.)  There is also everything in between.

One of the favorite choices is the hillside homes in the communities surrounding downtown.  These offer spectacular views of the town, the beach, the ocean with its fiery sunsets and the surrounding mountains (Puerto Vallarta is on a bay.)  They are usually a walk away from shopping areas, dining and maybe even nightlife.  Since they are a little further back from the beach, prices are accordingly lower.

Another option which more buyers are beginning to notice is that of fixer-uppers.  These can sometimes be found for as little as half of the normal prices for a similar home nearby.  They are a great option for those who love projects.

Puerto Vallarta land for sale

Mexico land for sale is a very overlooked real estate type in Puerto Vallarta; in the downtown area, prices tend to be quite high due to high demand and booming business.  Yet, in communities not that far away, good sized lots can be found for excellent prices.  Some of these are up on the hillside offering excellent views and others are near new shopping areas.

Having a beautiful custom home built with a solid, high-quality concrete construction does not cost as much in Puerto Vallarta as North Americans would suspect.  One of the appeals of this approach is that buyers can invest chunks as their funds become available, completing their home over time without paying interest.

Both approaches are viable, good options for owning a home in Paradise; each has its own appeal, and most buyers can decide fairly quickly which is right for them.  Any buyer who might think that both are appealing can ask their agent to show them a couple of examples of each and help them do the math to compare final prices.

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Region:  Puerto Vallarta real estate by Michael Green, an expert on Mexican real estate contract law, Green is active in national and state realty boards.  Green's excellent service record both in Puerto Vallarta and the U.S, combined with an old-fashioned work ethic and an intimate knowledge of Puerto Vallarta's luxury market, make him the ideal person to consult for real estate transactions. You can contact him at (512) 879-6546.

 

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