By Susan A. McKenna, JD
JD
Broker, Shoreline Realty Group PV
The Short answer is: YES. Even as Puerto Vallarta becomes one of the hottest markets in Mexico, you can still score stylish homes and condos under $200,000 USD—especially if you're willing to explore just beyond the city center.
In this article, we’ll walk you through the neighborhoods in and around PV where you can live well without overspending. Think modern finishes, beach access, and mountain views—without the luxury markup.
What Does “Bougie on a Budget” Look Like in Puerto Vallarta Real Estate?
It’s not beachfront penthouses or gated compounds in Conchas Chinas—but it’s darn close. You’ll find:
- Rooftop pools
- Quality finishes
- Gated security
- Walkable locations
- Rental potential
All for under $200,000 USD / $250,000CAD// 3.3M–3.6M MXN based on current exchange rates.
Top Areas to Find Homes & Condos Under $200K USD
Puerto Vallarta
- Versalles– Trendy, walkable, and café-packed. 1-bed condos: $165,000–$185,000 USD
- Lázaro Cárdenas– Local charm meets urban convenience. 2-bed homes or older condos: $150,000–$180,000 USD
- El Pitillal– Spacious homes, low prices, family-friendly. 2-3 bed houses: $120,000–$160,000 USD
- 5 de Diciembre– Edge of Centro with peekaboo views. Studios and small condos: $175,000–$195,000 USD
Ixtapa (Jalisco)
Just 35 minutes from downtown, it's ideal for families and buyers who value privacy and space.
- 2-story homes in planned communities: $140,000 to $165,000 USD
Bucerías (Nayarit)
Just 25 minutes north of PV, Bucerías is a boho beach town that’s grown into a prime expat hub. Known for its art scene, walkable streets, and long beaches.
- Golden Zone condos can reach $300K+, but just inland: Studios & 1-bed units: $160,000–$199,000 USD;
- Areas further from the beach offer better prices.
Mezcales (Nayarit)
A fast-growing local suburb between PV and Nuevo Vallarta, with new builds popping up every month. Great for long-term living and easy access to Costco, hospitals, and the airport.
- New condos: $155,000 – $190,000 USD
- Townhomes: $190,000+ USD
Boca de Tomatlán
A lush, sleepy cove at the gateway to the south shore. Stunning nature, mountain-meets-ocean views, and water taxis to Yelapa, Quimixto, and remote beaches. Limited inventory, but unique finds:
- Jungle-view condos and eco-homes: $140,000–$195,000 USD Fixer cabins: $125,000–$195,000 USD .
- Boca is a place to unplug— perfect for nature lovers, creatives, or part-time living.
What You Won’t Get at This Price Point
- Direct beachfront property in Zona Romántica or Marina Vallarta
- Large balconies with ocean views (unless you go rustic or remote)
- Turnkey luxury (you may need to furnish or update)
What You Will Get
- Clean, modern finishes
- Rooftop pools, terraces, and amenities in many new builds
- Walkable or transit-friendly access to shops, beaches, and services
- Entry into a booming real estate market with strong ROI potential
Sample Listings Snapshot
| Property type | Zone | Price (USD) | Features |
|---|---|---|---|
| 1 bedroom condo | Versalles | $179,000 | Swimming pool, pet friendly, near cafés |
| Studio Condo | Bucerías (East) | $165,000 | Pre-sale unit, walk to beach |
| 2BR Townhome | Mezcales | $155,000 | Gated community, near highway access |
| Eco-Cabin | Boca | $145,000 | Ocean view deck, jungle surrounds |
Yes, You Can Still Live the Good Life—Affordably
The Puerto Vallarta Real Estate market hasn’t closed its doors to budget-conscious dreamers. In fact, by widening your search just a few kilometers outside of Centro, you can still find amazing deals—without giving up comfort, style, or connection to the beachy lifestyle that drew you here in the first place.
Want a custom list of bougie-on-a-budget listings?
Check out shorelinerealtypv.com or send a message on Instagram to @shorelinerealtypv.
