Naya Homes
Homeowners     17 Mar 2023

5 Puerto Vallarta Real Estate Agencies for Foreign Investors

Getting to know Puerto Vallarta real estate agencies is the starting point when you are looking to diversify your portfolio or generate passive income. This charming beach town on Mexico’s Pacific coast has been a favorite destination for tourists and expats for decades. Also, with professional property management companies like Naya Homes to manage your assets when you’re away, real estate investment has never been easier.

Consider this before investing in Puerto Vallarta real estate
  1. Location: Puerto Vallarta has many neighborhoods and areas with different price points and amenities. Researching and understanding the different areas of the city is crucial in making an informed decision. Some popular neighborhoods for real estate investment include the Romantic Zone, Marina Vallarta, and Nuevo Vallarta.
  1. Market trends: Like any investment, it’s also important to keep an eye on market trends and forecasts. Puerto Vallarta’s real estate market has been steadily growing over the past few years. According to local real estate experts, demand for homes and condos is outstripping supply, making it a seller’s market.
  1. Rental potential: If you’re looking to generate a passive income, Puerto Vallarta’s tourism industry also makes it an attractive location for vacation rentals. Many real estate investments in the area can provide a good return on investment through short-term rentals. Be sure to research local rental regulations and property management options.

Read: Short-term vs. Long-term rentals: The Pros and Cons of Both

  1. Legal considerations: Investing in real estate in a foreign country can be complicated. It’s important to understand the legal framework and regulations in Mexico. Working with a local real estate agent and lawyer can also help ensure your investment is protected.
  2. Financing options: It’s important to research your options thoroughly because financing options for foreign investors in Mexico can be limited. Some local banks and financial institutions offer mortgages to foreign investors, but interest rates may be higher than those for Mexican citizens.

There are certainly plenty of real estate agents and brokerages who specialize in foreign investment. These agents are usually fluent in English and Spanish and have spent years working in the local real estate industry.

5 Puerto Vallarta real estate agencies and brokerages we recommend for foreign Puerto Vallarta real estate investment

  1. Ryan Donner & Associates 

As one of Puerto Vallarta’s leading brokerages, Ryan Donner & Associates has exclusive access to properties in the most desirable neighborhoods. Those neighborhoods include Zona Romántica, 5 de Diciembre, Hotel Zone, Versailles, Marina Vallarta and Nuevo Vallarta. They offer home loans/mortgages, exclusive access to new developments and provide clients with market trend insights. 

  1. Tropicasa Realty

Tropicasa Realty has been a trusted name in Puerto Vallarta real estate since 1997. As it states on their website, “Integrity, professionalism and sustainability” characterize their entire real estate agency team. Their dedication to sustainable business practices is what sets them apart from the rest. They collaborate with sustainable developments in Banderas Bay and monitor their own internal carbon footprint as a company.

  1. Keller Williams

Keller Williams is a globally recognized real estate agency. They have agencies in over 60 cities across North America, Europe and the Caribbean. They are experienced, professional and utilize technology to gain industry insights and monitor market trends. 

  1. Boardwalk Realty Puerto Vallarta

Boardwalk realty’s founders, John and Mike, are originally from the Seattle area but have been living and investing in real estate in Puerto Vallarta for many years. John and Mike say their specialty is their local legal knowledge. For a foreign investor, this can be the biggest asset, as the local legal system can be hard to navigate if you are not familiar with Mexico. John, Mike and their team take a personalized approach to their services and say that ongoing customer service is most important to them.

  1. Hogar Realtors

Hogar Realtors in Puerto Vallarta is a top choice for foreign investors thanks to founder Marc Serrao’s 15+ years of expertise in the local real estate market. As a boutique agency, they offer personalized service with a team of bilingual real estate attorneys, immigration consultants, contractors and interior designers. Whether you are looking for a vacation home, rental property, or retirement retreat, Hogar Realtors’ team works diligently to find the perfect property that aligns with your unique needs, desires, and budget.

Naya Homes property at Plaza Mar, Zona Romántica, Puerto Vallarta
Summary

There are many reputable and experienced real estate agents and companies in the Vallarta area that specialize in working with foreign investors. To find the right Puerto Vallarta real estate agencies for your needs, you may want to consider doing some research online, looking for reviews and recommendations from other investors, or asking for referrals from friends or colleagues who have experience investing there. Additionally, you can consult with professional real estate organizations in Puerto Vallarta, such as the Puerto Vallarta Chapter of the Mexican Association of Real Estate Professionals (AMPI).

Are you looking for a property manager in Puerto Vallarta? Click here to learn more about Naya Homes’ full-service property management. Naya Homes is Puerto Vallarta’s broker’s choice for their clients.

F.A.Q.

Can foreigners buy property in Puerto Vallarta?

Yes, foreigners can buy property in Puerto Vallarta. However, you should work with a reputable real estate agent and a lawyer who is familiar with Mexican real estate law to ensure that the transaction is legal and to protect your investment.

What is the real estate market like in Puerto Vallarta?

The real estate market in Puerto Vallarta is diverse, with a range of properties available at different price points. The market is generally stable, with moderate appreciation in property values. It’s a good idea to work with a local real estate agent who can provide you with up-to-date information on the market and help you find the right property for your needs.

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