The potential for excellent return on investment on a second home in Puerto Vallarta has never been better, due to incredible tourism numbers reported for the first six months of 2022.
In the first half of the year, the Puerto Vallarta International Airport saw an increase of over 43% for 2019 in domestic visitors, with 1,190,700 passengers arriving from other parts of Mexico. And an incredible 1,9000,000 travelers arrived from international destinations, for a total of 3,125,300 passengers from January to June 2022.
There are many factors to this draw to Puerto Vallarta including the security and beauty of our destination, the amazing culinary offer in the city, and excellent health care available in case of the unexpected. But easy access also makes the destination very appealing to travelers, with 12 direct routes, 23 direct flights from the United States to Puerto Vallarta, 14 from Canadian cities, and 2 routes from Europe.
For those considering real estate investment in Mexico, these strong tourism results are a compelling argument to purchase in our destination as the vacation rental market in Puerto Vallarta is very strong. Not only have traveler preferences changed, with many now looking for the spaciousness and benefits of renting a vacation property in Puerto Vallarta, like the conveniences of a full kitchen and washer/dryer, but also traditional hotel options are very limited in some of the most popular tourism areas in the city. For example, there are very few traditional hotels located in the Puerto Vallarta Romantic Zone or Old Town – two of the most desirable areas for tourists to stay – and the hotels that are found in these areas are generally considered economical or moderate. For those looking for more luxurious accommodations in these popular areas, the appeal of renting a Puerto Vallarta condo that comes complete with resort-style amenities, like a rooftop pool and lounge, is very appealing.
With Puerto Vallarta having transitioned in to an “all-season” destination, with no real drop-off in visitors during times that once would have been considered low season, the opportunity for buyers to see their vacation home in Puerto Vallarta generate enough rental income to help offset the cost of ownership has never been better.
If you would like to see properties for sale in the Puerto Vallarta Romantic Zone, contact one of our expert agents today.
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