The Hotel Zone
The hotel zone is the area just north of downtown Vallarta and it pretty well straddles both sides of the mouth of the Rio Pitillal. As the name of this zone implies, most all of the huge hotels are located along this stretch of beachfront as well as numerous world class restaurants and activities galore.
There are a number of large condominium buildings along this area with
more currently under construction. The largest of the new projects are
the Peninsula and the Grand Venetian. The Peninsula consists of three
25 story towers with a total of 300 condos, while the Grand Venetian,
also with three towers will have about 420 units. Both of these projects
are located at the mouth of the Rio Pitillal and have world class pools
and amenities. Prices range from about $300,000 for a very small unit
to $3,000,000 for a spacious penthouse overlooking a 50 mile radius.
The hotel zone and the marina area have the highest density of condos and should be considered by those searching for a part time vacation property that can be rented out while unoccupied by the owner. Unlike Florida and California, these condos continue to appreciate at a substantial and torrid pace.
Vallarta Real Estate Buyers' Agents
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