Just south of Puerto Vallarta and the Bay of Banderas, you’ll find the rugged coastline known as Costa Alegre. It stretches from El Tuito, in the mountains, and Cabo Corrientes as the southern point of Banderas Bay, all the way to Barra de Navidad. So far, there is not much residential development going on, but many new projects are in the planning stage.
The most famous and populated foreign community would be in Careyes, where numerous estate homes and villas are situated along Playa Rosa and the dramatic coastline.