Since 1998, Puerto Vallarta has experienced steady expansion of resort hotels and residential developments. Today, the core of Puerto Vallarta is virtually built out. Not much buildable land remains, which limits expansion of residential construction. One of the reasons that the Mexican government is spending billions of dollars on infrastructure north of Puerto Vallarta is to generate growth along the coast.
New growth is concentrated in the northern part of the Bay of Banderas. However, the northern zone is considered, by some, to be too far from the excitement and old town charm of downtown Puerto Vallarta. With the reduction of inventory close to the action, sales prices for houses and condominiums are increasing at a consistent rate.
Given these dynamics, Rivera Cuale offers a unique investment opportunity because it is one of the newest projects south of the Bay, with room to expand. Rivera Cuale is walking distance to the beach, and only blocks from markets and fine dining. While Rivera Cuale offers the excitement of downtown, it equally serves as a tranquil, riverfront oasis. Above all, Rivera Cuale is affordable in relation to its superior quality and desirable location.
Puerto Vallarta’s Strong Rental Market
If you are purchasing at Rivera Cuale for investment purposes, you are probably familiar with the popularity of Puerto Vallarta as a vacation destination. Vallarta has become so popular in recent years that young couples are now bringing their children, and eco-enthusiasts have found a new location to explore. But let’s not forget that Puerto Vallarta is also home to many working and retired expatriates. Rivera Cuale is an excellent location to rent to families, environmental enthusiasts, and those living in Vallarta year round.
Examples of Rental Rates Expected at Rivera Cuale (in USD)**
–Weekly, High Season (typically from November – April)
One-bedroom: $850
Two-bedroom: $1,750
Three-bedroom: $2,050
–Weekly, Low Season (typically from May – October)
One-bedroom: $650
Two-bedroom: $1,050
Three-bedroom: $1,350
–Monthly Lease of 6 to 12 Months
One-bedroom: $650
Two-bedroom: $1,050
Three-bedroom: $1,350
**Disclaimer: These are examples of actual rents received from comparable properties in 2009. While rates for 2010 have risen, unforeseen market fluctuations could strengthen or weaken the rental market.
Lock It Off
Rivera Cuale’s two-bedroom + den (Type B) floor plan offers a unique design feature that allows an owner to “lock-off” one half of the unit for rental purposes, while maintaining access to the second half of the unit. The second half then becomes another rental, or is used exclusively by the owner.
This is not only a smart option for pure investors, but also for part-time owners who do not want to limit their vacations due to rental availability. In addition, this is an option that can be implemented in the future, to accommodate a lifestyle change, like a sudden move out of the area. Likewise, it is just as easy to remove the “lock-off” feature.
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No Real Estate Bubble Here
In simple terms, the real estate bubble and subsequent price corrections experienced in the United States were caused by overpaying for property, and the inability to re-pay loans. In contrast, Mexicans 
have a long standing history of cash real estate purchases. While mortgages are becoming increasingly more popular in Mexico, lenders require a 30% – 50% down payment. With such strict terms, it is unlikely that buyers will overpay, and there is little chance that mortgage holders will default. As such, the value of your investment is safe, and likely to grow at a steady rate.
Need a Nudge?
If Rivera Cuale is on your short list of desired properties to own, yet you need a little more convincing, treat yourself to two nights in our guest suite through the “Fly, Stay & Buy” program. If you are short on time, enjoy a “Sunset Evening” with wine and cheese on the terrace of our model unit.
Personalized Assistance
For customized assistance, please contact your Rivera Cuale representative.