Mark Murphy

Puerto Vallarta, a unique option for real estate

We interviewed Mark Murphy, a real estate specialist with extensive experience in the Puerto Vallarta market. He gives us a very clear idea of the benefits of investing in this tourist destination today.

How has your experience been with Vallarta real estate and working with international investors?

The flow of tourism has increased significantly in the last 15 years; we are one of the most connected destinations in the country and that encourages the arrival of national and foreign capital from those who seek a good return on their investment.

Vallarta, being a bubble of paradise, offers you that. And you are a facilitator for investors and developers…

Yes, based on my experience as a real estate and tourism development advisor, some investors look to me to give them a projection, based on studies, of how the region is growing and what is the return on investment projection based on what they they have thought.

With whom do you work?

Sometimes I work with joint ventures, with independent entities and hotel chains that seek advice from me beyond simply finding land for them. I also give them advice for negotiations with the town hall, market studies, I help them find brokers that market the project.

How has the value of real estate in this area gone up? For 7 or 9 years now, the real estate value has been increasing year after year by around 20% and this is a very strong argument for developers and investors, but also for the end customer, who is looking to buy a unit.

In other words, Vallarta is an excellent destination not only for investors and developers, but also for those looking to live here or own a vacation property…

That’s right, anyone who buys an apartment here knows that next year his property will be worth 20% more. That is the great opportunity that Puerto Vallarta offers at this time.