While condos are nice, there are some people who prefer a home, with a personal touch to it; the problem is that if you've been dreaming of owning a
Puerto Vallarta home, perhaps you feel the prices are sometimes out of reach. The good news is that if you have a dream and a relatively small amount of funds available, you can plan to own some beautifully renovated
Puerto Vallarta real estate for your retirement or as a vacation home.
In many of the favorite neighborhoods in Puerto Vallarta new homes are listed with prices around the $500,000 range. While these homes are well worth the price, not everyone has a budget that can handle this much of an expense for a second home, especially just now recovering from the recession. Many neighborhoods also offer excellent homes for around the $250,000 mark.
But for those who enjoy a personal project and have their own vision of what they could do with a home near the beachfront, fixer-uppers can often be found for as little as half the usual market price. For example, in the community of Alta Vista, a home in need of renovation can be found for as little as $250,000. The selling price for most homes in top condition (which are in lower supply) is closer to $500,000.
Up on a hillside overlooking the bay, a quaint
Puerto Vallarta property with lots of potential could be found for as low as $90,000. Again, with a vision of a dream home, a plan, and a small investment, a buyer could transform this property into a beautiful home with one of the most sought-after views in beachfront real estate!
Whether for investment purposes, planning ahead for retirement or to have a vacation home available, there are many possibilities for owning a beautiful home in Puerto Vallarta; with a vision and a bit of dedication, a fixer-upper can become a dream come true!
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