The Deep Dive: 2 Bed and 2 Bath Condos Market Analysis of the Bay of Banderas

The greater Bay of Banderas market offers buyers a plethora of options, from luxury, ocean-front homes with six+ bedrooms and baths; to cozy, artist studios – something for every person and price point. We analyzed the data and dissected it between built and pre-construction, as well as, Puerto Vallarta vs. Riviera Nayarit. These are some of the key findings.
Bay of Banderas 2024 Market Recap + 2025 Outlook

The past year saw the continued strength and resiliency of the Bay of Banderas real estate with a total of 547 condo sales recorded in 2024. The area saw more new condominium developments completed in the under $500K price range, a key driver in sales volume. This, combined with the strengthening US dollar to Mexican peso exchange rate made Mexico an attractive option for investors.