In 2016 the most popular region for new home buyers in Puerto Vallarta was most certainly the downtown area, where a number of new real estate developers are offering a great variety of condominium styles, types and amenities. Being situated in the heart of the town means not needing a car as one can walk to the markets, restaurants, shops and beach. It also means never being bored as there is always something going on in this very active part of Vallarta. Another great common-area feature that seems to be a staple with these projects, are amazing rooftop terraces with infinity swimming pools and other great amenities.
There are five projects that really stand out, all currently being marketed by a few local real estate agencies:
D Terrace is situated just a couple blocks from Los Muertos Beach, just a few steps from the Romantic Zone. It is another project by Octavio López, who for nearly 20 years has been building in the Vallarta area with projects such as Paramount Bay, Horizon, Avalon and La Cima. D Terrace is comprised of 43 units, most with two bedrooms and some offering ocean views. On the roof is a large common area terrace with an infinity pool, jacuzzi, gym, fire pit and sky bar with 360º degree views. It is currently being offered by Applegate Realtors. Prices start at US$225,000.
Pacifica is also being represented by Applegate Realtors, and again by an experienced developer with previous projects such as Amapas 353 and The Park. Situated on the very active Basilio Badillo, Pacifica will have 39 residences with ocean, mountain and city views with studio, 1 and 2 bedroom opportunities. There will be a roof top terrace with an infinity pool, jacuzzi and bar, and workout room. Prices start at US$179,000.
Pavilion is represented by Elengorn Realtors and is part of the portfolio of the developers CRAGSA, who also are the builders of Zenith Condominiums, also in this area. Pavilion consists of 62 units over six levels with again, a roof top terrace and gardens with infinity pool jacuzzis, fitness room and lounge seating. There is also a common area lap pool located on the fifth level. Prices start at US$160,000.
Pier 57 is represented by Tropicasa Realty and is situated just a couple blocks from the beach in old Vallarta. The project offers 1 and 2 bedroom units which allows, however, for each home the ability to convert to an oversized one bedroom with larger living areas or spacious open studio loft-style apartment all in about 1,100 sq. feet of living space. Rooftop amenities include an infinity-edge swimming pool, raised sundeck, private cabanas with entertainment systems, full bar, restaurant facilities and full-feature gym facilities. Prices start at US$280,000.
Zenith is another development represented by Elengorn Realtors and developed by GRAGSA (who have also developed the Banderas Bay projects of Velmar, Velmar II, Punta Plata, Nova, Diagonal, Playa Seis, Punta Arena and Azul). Zenith features 46 units with 1 and 2 bedroom residences featuring contemporary design and stunning panoramic views towards the city, mountains and sea. For common areas Zenith offers a fitness center, infinity pool, jacuzzi, BBQ area, business center and concierge. Prices start at US$245,000.