Located in the north part of town starting at the ocean and reaching up into the mountains, the area is a combination of new luxury homes and condos and older traditional homes. Due to the topography, many of these homes have spectacular ocean, city and mountain views.
There are plenty of young Americans and Canadians here; the area appeals to an art-loving, almost bohemian crowd.
The area is well situated with easy access to beaches, the Malecón, shopping and great restaurants – not to mention one of the best seafood, fresh fruit and vegetable markets in town. Colonia 5 de diciembre combines the feel of Old World Mexico with all the conveniences needed to live a very comfortable life. And because of the blend of people here – it truly feels like a neighborhood more than just a tourist destination.
5 de Diciembre Real Estate
Options for housing in 5 de diciembre are many and the price per square foot tends to be lower than what you’ll find in the south side of downtown Puerto Vallarta. There is something for everyone in this neighborhood with prices to fit any budget. Whether you are looking for a hilltop lux condo or a tucked-away hillside cabaña, 5 de Deciembre has many options to suite both foreigners and locals alike.
Though some homes are fairly expensive, good deals are to be found. Several new condominium buildings at the top of the hill feature spectacular views and all the mod-cons. Prices start in the low $200,000 USD range.