Buying a vacation home in Puerto Vallarta or Riviera Nayarit comes with a lot of consideration about what type of lifestyle you’d like to lead when you live in Mexico. For some, those considerations begin with thoughts about neighborhoods: do you want a beachfront property in Riviera Nayarit or an urban property in Puerto Vallarta Romantic Zone, for example. Another consideration is the style of home you would prefer: do you like contemporary architecture or the charm of traditional Mexican design? But one of the other choices you should be thinking about is whether owning a house or condo in Puerto Vallarta would be better for your lifestyle.
With the rise of remote work opportunities, more and more families are moving to Vallarta, and for them, a house in a family-friendly neighborhood in Puerto Vallarta often makes sense. But for others thinking about buying a vacation home in Mexico, the choice between house and condo may not be as easy. Here’s a few things to think about.
Are you moving to Puerto Vallarta full-time or part-time?
For those that are planning to use their Puerto Vallarta property primarily as a vacation home, the “lock and go” convenience of a condo makes sense. Additionally, condos have Homeowners Associations, so things like maintenance, gardening and security will all be taken care of, for easy homeownership.
Are you planning to place your property on the Puerto Vallarta vacation rental market?
Offsetting the cost of your Puerto Vallarta property by using it as a rental property is appealing to many owners. Puerto Vallarta condos, especially in areas like Old Town Puerto Vallarta, have a lot of potential on the rental market. But luxury homes and villas also do well as vacation rental properties in Banderas Bay. And single-family homes in areas like Fluvial perform well as long-term rental properties.
Do you want a personalized retreat or resort-style amenities?
One of the benefits of owning a home in Puerto Vallarta is that you can truly make it your own with design features, landscaping, and more. Those who own a condo in Mexico are generally more restricted about upgrades that can be made (exterior, for the most part, the inside of your Puerto Vallarta condo as be renovated or upgraded to your tastes), and you share building amenities with your neighbors. However, condos often offer amenities not often found in private homes like rooftop pools, restaurants or bars, and gyms.
At Tropicasa Realty, our agents are here to listen to your lifestyle goals and use their expertise to help guide you to the best possible choice of home in Mexico for you.
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