Wanting to escape the winter cold, our family headed south for a couple weeks of surf and sun. As always, in these respects, Mexico didn’t disappoint.
Staying at a condo on a resort property quickly brought the mind back to real estate, as the complex had a number of properties advertised for sale. So, for fun, let’s look at comparable properties in Hamilton and Nuevo Vallarta (NV) with similar listing prices and property types to see how far your money can go in different places.
As a primer, NV is a beachfront community just outside Puerto Vallarta, in the Mexican state of Jalisco on the Pacific coast. Popular with snowbirds and family vacationers, the area boasts well over 300 days of sunshine a year, welcoming local hospitality year round and plenty of housing options.
For $230,000 USD ($325,000 CDN) this 1 bed, 1 bath condo boasts Pacific Ocean and Sierra Madre mountain views from its private terrace. Steps to heated pools and roughly 50 kms of continuous white sand beach, the unit has granite counters, stainless steel appliances and almost 940 sq ft of spacious living area. Located on the grounds of the Dreams Nuevo Vallarta resort, residents have access to high-end hotel amenities and entertainment. Monthly maintenance fees of $215 CDN.
If beach side living is what you’re after, this 3 bed 3 bath newly built townhouse located on the Hamilton beach strip is worth a look. Listed at $334,900, the property is spread out over three levels and is full of high-end finishes. Close to highway access, this established family-friendly community is steps from the 15 km waterfront bike path, boat launches, Confederation Park and local institutions like Hutches on the Beach and Baranga’s. Monthly maintenance fees of $128.