Land for Sale in Puerto Vallarta | 742 m², Residential Use, CUS 1.60
$372,918≈ MX$6,950,000
- 7,987 sq ftLot area
About this home
Development Land for Sale | El Pitillal, Puerto Vallarta 742 m² lot with an existing building at Abasolo 421, Col. Calvario, El Pitillal, Puerto Vallarta. Established urban area with easy access to roads, shops, and services. A good option for investors and developers seeking a property with potential for a residential project. Property details: Lot: 742 m² Existing construction: 312.76 m² (ground floor 268.51 m² and upper floor 44.25 m²) Use indicated in the documentation: residential COS 0.80, with a building footprint of up to 593.60 m² CUS 1.60, with a maximum buildable area of up to 1,187.20 m² Potential: According to the available technical documentation, the property can be assessed for a residential project, an apartment complex, or another concept, subject to project design, regulations, and current municipal authorizations. The existing buildings may be used, remodeled, or replaced, depending on the project. Location: Abasolo 421, Col. Calvario, El Pitillal, Puerto Vallarta, Jalisco Fully urbanized area, with access to shops, services, and residential neighborhoods Request information and documentation from Milenium Realty | Puerto Vallarta and Riviera Nayarit.
Buying in Mexico as a foreigner
Yes, foreigners can buy property in Mexico.
Outside the restricted zone they may acquire directly, subject to applicable procedures. For residential purposes within the restricted zone, an authorized bank trust is commonly used.
- Near coasts and borders
- The Mexican Constitution establishes a restricted zone extending 100 km along borders and 50 km along coastlines.
- Residency
- Property investment of ~$220,000 USD (amount varies by exchange rate) can qualify you for Temporary Residency.
- Taxes and closing costs
- They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
- Financing
- Financing for foreign buyers exists, but depends on the lender, residency, income, credit profile, down payment, location and property type.
How buying works
Legal due diligence
Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.
Offer and contract
Define price, currency, deposits, conditions, timelines and default consequences.
Permit or trust
Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.
Notarial closing
The notary formalizes the transaction, calculates or withholds applicable charges and handles registry filing.
This information is general and educational. Legal, tax, immigration and purchase requirements may change and should be verified with a notary, attorney or authorized adviser in the state where the property is located. Research last reviewed July 2026.
Amenities
Outdoor & Recreation
- Garden
Lifestyle
- Pet Friendly
- Sea View
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$372,918
