Cabo Corrientes, Puerto Vallarta, and Bahía de Banderas form a shared paradise.
The evolution of Puerto Vallarta, transitioning from a humble fishing village to a world-renowned tourist city, gave rise to a new business that has profoundly impacted the community like never before.
Indeed, previous governments played a role in promoting tourism development, but it was undoubtedly the inherent demand that propelled the real estate business to its current heights.
In the past, acquiring land or a house with a sea view was straightforward. However, today, the same land or property commands a significantly higher price, up to 350% more expensive than it was 40 years ago. The real estate business has experienced gradual growth over the years, especially in the Bahía de Banderas area, spanning from Cabo Corrientes to Bahía de Banderas. Historically, property prices have consistently increased, albeit with temporary pauses during crises. Nonetheless, property prices have never gone down concerning purchases. Even during the pandemic, there was a brief pause, and the world hoped for an opportunity with lowered prices. However, the prices never decreased; they remained stable and then resumed their constant rise and increment.
The paradisiacal features, delightful climate, and the kindness of the people throughout Bahía de Banderas make it not only a privileged location but also one of the best places to do business. It stands as the ultimate destination for vacations, the prime spot for foreigners to purchase retirement homes, and the perfect site for building and selling dreams come true.
Therefore, if you're contemplating investing in real estate, especially in this region, go for it, don't hesitate any longer. Each passing day means an increase in property prices, and it's essential to keep in mind that land is a finite resource. Seize the opportunity today, and it will secure a promising future, as God won't be creating more land to buy.