Buying Real Estate in La Cruz de Huanacaxtle
Buying Real Estate in La Cruz de Huanacaxtle is an investment that should not be taken lightly. The decision to buy property can have a huge impact on your life, so it’s important to consider the pros and cons before you make the purchase.
La Cruz de Huanacaxtle has been considered an upcoming market for luxury properties in Riviera Nayarit. La Cruz de Huanacaxtle is now the number one destination in Riviera Nayarit according to international buyers.
La Cruz de Huanacaxtle has seen a large rise in luxury development over the past few years, which has contributed to its booming market. In this article, we will talk about things you have to consider before buying a property in La Cruz de Huanacaxtle.
Utilities & Services in La Cruz de Huanacaxtle
La Cruz de Huanacaxtle is located between Bucerias and Punta Mita. Only 35 minutes away from the International Airport of Puerto Vallarta. The closest supermarkets and malls are located in Bucerias that is only 10 minutes by car.
La Cruz de Huanacaxtle has a local grocery store, cafes, and a few shops in the residential area. There are also many different restaurants that offer Mexican and international cuisine to suit everyone's taste.
The electricity, water, and internet services are present in major parts of the city, in our MLS you will find disclosure what are the conditions of the utilities in each listing.
If you are buying a condo is less likely you will have this problem.
Process of Buy Real Estate in Mexico
The process of buy real estate in La Cruz de Huanacaxtle is similar to any property in Riviera Nayarit and Puerto Vallarta. All these cities are located in the Restricted Zone, which means you have to use a trust (Fideicomiso) to buy property.
The Restricted Zone goes within 50 kilometers (31 miles) of the ocean line. If you want to know more about this please read our articles explaining in detail these concepts:
Restricted Zone
Trust (Fideicomiso)
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Rental Market in La Cruz de Huanacaxtle
The rental market in La Cruz de Huanacaxtle in the last few years has been evolving into a luxury destination. The proximity to the airport, the growth of near cities like Bucerias, the exclusive Marina, and the luxury development projects have positioned La Cruz de Huanacaxtle as one of the favorites of many people.
According to Airbtics.com, in the last 12 months have been around 355 active listings in Airbnb with a median Nightly Rate of $240 USD compared with Puerto Vallarta which has a Median Nightly Rate of $178 USD.
Cost of Property in La Cruz de Huanacaxtle
It is no secret that property prices in La Cruz de Huanacaxtle are sky-high.
This has led to many people investing in renting, rather than buying their own home. However, this means they miss out on the benefits of owning a house - such as saving for retirement and building equity through appreciation.
Prices in La Cruz are not cheap. It's a luxury destination. It's a small, exclusive city with its own Marina.
The statistics of the Associations of Realtors in Mexico registered 64 transactions in 2021. The average price for a condo in La Cruz de Huanacaxtle is $353,008 USD, for a house is $685,960 USD.
If you want to see properties in La Cruz de Huanacaxtle click here.
La Cruz de Huanacaxtle is a luxury destination for buyers looking for a unique experience in México. One thing we know for sure - if you're going to invest in buying property anywhere in Riviera Nayarit or Puerto Vallarta, then this should be one of your top choices!
If you're looking for more information about this destination, let us know! We will be glad to help you.
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-Your Mexico Real Estate Expert.