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Shopping Selection If your budget to purchase a property is from $200,000US-$350,000US, let’s see what we can find. May 18, 2003

You can be on the beach at Los Muertos with a two bedroom, two bath or have a penthouse in a prime Marina Vallarta building. You can enjoy the marina in Nuevo Vallarta in a three-bedroom condo with 2 golf courses nearby. Your beach choices range from Los Muertos, Playa Esmeralda, Mismaloya, Playas Gemelas, and El Centro.

Within Vallarta, there are new large condos overlooking town and the bay in a small 5 unit building for under $250,000US each. On the mountain of Amapas, you have a selection of re-sales of two bedrooms two baths in the $250,000US range. If you want a new building in Amapas, one of the premier contemporary structures being built has inventory beginning at $355,000US for two bedrooms, two baths. This building has a large common pool and cabana area in addition to a choice of private pool or whirlpool on the individual decks.

Conchas Chinas, the established neighborhood south of town, has a selection of 2 bedroom units for $250,000US-$375,000US. For $350,000US, you can live at the beach of Conchas Chinas in a remodeled two bedroom, which has a fabulous common pool, guest casitas and clubhouse.

If you prefer an individual home, you can start your search in Vallarta with $200,000US for in-town living near Basillio Badillo. Here the appeal is that you are within walking distance to shopping and restaurants in an established neighborhood.

If you want to tackle a remodeling project, you can buy homes for under $250,000US in El Cerro and Alta Vista. These locations offer views of the bay and town as well as convenience of location.

Rarely is there a town home in Isla Iguana of three bedrooms, three baths for sale. This remodeled home with pool is offered under $250,000US. If you want a private boat slip, the neighbor of Puerto Iguana has a 3 bedroom, 4.5 baths with a common pool for $250,000US.

The central neighborhood communities of Las Gaviotas and Versalles offer three and four bedroom re-sales with large yards. This location appeals to a number of buyers that want the feel of space with easy access to downtown or the airport.

For under $300,000US, Gringo Gulch is an option with new and remodeled historic homes ranging from 2,500 s.f. -3,500s.f. Here you get the views of the famous “Gulch” created by the valley and the Rio Cuale. The mountain, jungle and bay round out the views from the terraces.

In a small-gated community near St. Javier Hospital, you may select a contemporary home with pool under $300,000US. Choose the neighborhoods of 5 de Diciembre or Diaz Ordaz for large properties with a central location within your budget.

A three bedroom remodeled town home in Conchas Chinas, a large home in La Pechuga, or a new contemporary near Plaza Caracol, can be yours for under $350,000US each.

If you want to build, you can buy a spectacular view of town and the bay in La Pechuga for $155,000US with over 700 meters of land. Select a lot of over 800 meters in a private community south of town for under $175,000US. Finished homes range in this exclusive area from $800,000 to 1,800,000US. The mountain of Amapas still has available lots for private homes or small condominium buildings. Lots range from under $100,000 to $300,000US.

In the hotel zone, a remodeled tower of beachfront condos enjoy nearby hotel amenities including pools, tennis courts, and gym. The two bedrooms start at $180,000US.

In Nayarit, there are view lots under $200,000US facing the ocean off the main highway to PV. This price includes the infrastructure including underground utilities. These beach-view lots are over 600 meters each.

In Punta Mita, there is a choice of 2 bedroom condos on the beach at El Anclote or a small Hacienda style home in a quiet neighborhood for under $200,000US. A larger hacienda style residence with gardens can be purchased in the north community of San Vicente in this same price range.

If Bucerias is your pick of towns, you can buy a furnished town house two blocks from the beach for a little over $200,000US or select a new three-bedroom home for $250,000US. For over $300,000US, a three-bedroom home on more than 500 meters of land is available.

Playas de Huanacaxtle offers beachfront in a small condo unit for $259,000US or a large villa of three bedrooms with 24-hour security for $280,000US. The neighborhood of La Puntilla has a three bedroom, three bath home for $300,000US. If you like Italian food, can also own a home and a well-established restaurant for under $300,000US. A lot in an exclusive beachfront community of 39 home sites starts at $360,000US. The completed homes are over 1.5 million dollars.

In Nuevo Vallarta, you can have the home of your dreams beginning with a lot over 1,000 meters facing the golf course for less than $250,000US. Or choose a completed three bedroom, three-bath home with large garden for under$250,000US. For $300,000US, you can purchase a home of 3,500 s.f. with large yard, and parking for 4 cars. A luxury condo of 4 bedrooms and 4 baths, two pools and sandy each is an option at $365,000US.

The majority of these re-sale condominiums and homes are offered for sale furnished, but always check first.

New construction is available in the pre-sale stage in the small “lighthouse” project in Punta Mita on the beach for $320,000US up. These condos are two bedrooms with one unit per floor. Amenities include an elevator, pool and jacuzzi.

In Flamingos, Nayarit, 16 units of two bedroom full-time ownership condominiums start at $249,000US. They include full amenities of a pool, gym, restaurant and newsstand. A larger beachfront building of 176 units has 2-4 bedrooms for $200,000US -$300,000US. Amenities include two pools and sports facilities.

In Nuevo Vallarta, the large developments with new golf courses offer a variety of product, from home sites, town homes and individual villas to condominiums. These self-contained properties offer dining, shopping, personal services.

In Marina Vallarta, there are re-sales in existing condominium buildings and homes on the golf course. The prices vary, depending on the size and age of the property. Two large developments on the beach have inventory beginning with two bedrooms units from $200,000US up.

New developers usually do not include furnishings within the quoted sales price. They may offer optional furniture packages. Again, check first.

This article is based upon legal opinions, current practices and my personal experiences in the PuertoVallarta-Bahia de Banderas areas. I recommend that each potential buyer conduct his own due diligence and review. Material has provided for this article by Boye De Mente.

HARRIET MURRAY

Harriet Murray, Broker
For additional information on properties for sale or lease within the bay, please call or e-mail me at: harriet@pvmirror.com

Thanks and until next week.

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