One Beach Street

Malecón, Zona Romántica, Amapas, Puerto Vallarta, Jalisco, México

For Sale: $17100 • 1-2 Bedrooms • 1 Bathroom

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About the property

Now for SALE – One Beach Street Puerto Vallarta, a tropical oasis located in the heart of Puerto Vallarta’s romantic zone. Our stunning beachfront property offers breathtaking views of the Pacific Ocean and the beautiful Bay of Banderas, along with luxurious accommodations, exceptional dining options, and unparalleled service. Whether you’re looking for a romantic getaway, a family vacation, or a relaxing retreat, we invite you to experience the ultimate in comfort and relaxation at One Beach Street Puerto Vallarta.

Built in 1998/1999

One Beach Street Built in 1998/1999.

2 Bedrooms

2 bedrooms in one Apartment

1 Bathroom

1 Bathroom in one Apartment

6 Floors

Total 6 follors

FRACTIONAL OWNERSHIP IS NOT TIMESHARE

Timeshares, typically, are right-of-use programs, especially in Mexico. Buyers get to use a property or group of properties for a determined amount of time per year for a determined time-period, say, twenty or thirty years. At no time do they hold title to the property. The property always stays in the developer’s possession, and he grants people the right to use the property.

Fractional ownership, on the other hand, is ownership. Buyers will go to the notary to close, and will have a legal deed in their name. As such, it is an asset which can be borrowed against, increases in value and can be rented out, just like a full-ownership condominium. It is for all intents and purposes the same as full-ownership, with ownership divided among the owners.

This is ideal for certain people, who tend to fall into three categories, sometimes overlapping: 1) people who want to stay as liquid as possible, 2) people who don’t want the hassle of maintaining a property, 3) people who want to have vacation homes in multiple destinations. It is a way to diversify their experience as well as their real-estate portfolio.