Puerta Vallarta Real Estate: Downtown and Beyond by Blair Stephens
Puerto Vallarta real estate is up and coming and if you are looking for chic downtown living, then the area from the Hotel Zone to Conchas Chinas on the Banderas Bay may be the right option for you. This area is not only great for retirees looking for a hip and active lifestyle, but also as a vacation or second home for anyone who is looking for the Miami lifestyle.
We'll start with the Hotel Zone, which is located on the coast stretching below Marina Vallarta and is home to most of the massive resorts and hotels to be found in Puerto Vallarta. Tons of shops, restaurants, and clubs and entertainment opportunities are available and new residential buildings and options are being constructed. Most of the coastal real estate and ocean views are reserved for the major hotels and condominium complexes, but new residential complexes are being constructed for both full time and part time residents. Versalles and Los Gaviotas are both known as popular residential neighborhoods. Again, very few water views but you will find lower to mid price ranges. The Hotel Zone, although near most of the shopping and amenities is known to be quieter than downtown and popular with people who are working and living in Puerto Vallarta. You'll find vacant lots, condominiums and houses from $40,000 up to around $1 million dollars.
El Centro, or downtown is really considered the core of Puerto Vallarta and it is filled to the brim with lively entertainment and fantastic restaurants. The broad boardwalk, or Malecon, is one of the most beautiful in all of Mexico and it is dotted with art, galleries, and bars and usually there are several bands playing from various locations. There is also a tiny and charming island at the south end of El Centro called the Isla Rio Cuale which offers a flea market, more restaurants and shops and a museum, Mexican active cultural center, and relaxing park spaces. Beach front living downtown is almost exclusively in high rise condo developments. The values of these have gone consistently up so of course, these units are now more expensive than the average condo in Puerto Vallarta real estate. Other accommodations are available inland with no water views and more reasonable prices. In the downtown area you'll find condos, commercial properties, lots and few homes for anywhere from $43k to $3.5 million.
Downtown South is just where you would assume it would be, down the coast from the Malecon and the hopping downtown, this is considered the more romantic and funky district. Instead of hopping night clubs, bars and museums you find sandy beaches, theater productions, swinging bridges and the oldest of Puerto Vallarta neighborhoods. You can actually walk to downtown south from the original Malecon via a new extension and this has become a great location those who want access to downtown but who enjoy the feeling of a bed and breakfast, smaller hotel or long term rental rather than a large resort.
As you move south from downtown and downtown south, you actually come across three residential neighborhoods along the south coast and they include Alta Vista, Amapas and Conchas Chinas. Alta Vista is the first of these neighborhoods and you'll find a mix of condominiums, homes and build-able lots for sale at moderate pricing. Amapas borders Alta Vista to the south and mirrors its makeup in terms of Puerta Vallarta real estate opportunities. There is a decent mix of homes and condominiums anywhere from $265 to $3 million.
Finally, you make your way to exclusive Conchas Chinas where prices begin to rise since this area is considered to be the Beverly Hills of Puerto Vallarta. There are neighborhoods down by the sea and up in the hills, high rise condominiums, and old style architecture. There are lovely small beaches and rocky grottos and coves and although the neighborhood is in close proximity to downtown, it feels quiet, private and expensive. The properties in Conchas Chinas tend to be expensive, running in the millions of dollars and most of them are bought as second homes and rental properties. The hacienda-style traditional Mexican architecture with domed cupolas dots the landscape with gorgeous decks and porches to take advantage of the views as houses rise up the mountains.
As you can see, the options in the Puerto Vallarta downtown for real estate are significant. You'll find low, moderate and high price options; homes, condos or palatial residences. No matter your preference in Mexican real estate, if you like downtown nightlife and the combination of Mexican culture with all the modern conveniences, these neighborhoods may be just the right choice for you!
About the Author
Blair Stephens is a real estate copywriter and member of the Executive Real Estate team. Executive Real Estate are the Mexican and Puerto Vallarta Real Estate experts here to help expatriots and locals alike to get the best real estate deals possible. Visit http://www.puertovallartabestrealestate.com/ to learn more about buying Mexican real estate and Puerto Vallarta real estate.