Puerto Vallarta received 6.2 million visitors last year. The Historic Centre receives them on foot. Casa Hidalgo stands finished at the heart of that demand: no construction to wait for, no promise to be kept.
Annual visitors
Hotel occupancy
Annual area appreciation
Average nightly rate
Area-level figures. Sources: Secturjal, AirDNA, AirROI. Not a guarantee.
A unit in short-term rental, operated at list price, is estimated to produce a gross yield of 5 to 7% per year.
Estimated area-level yields; not a guarantee. Gross figures before expenses, management and taxes (25% income tax withholding for non-residents).
In short-term rental, the rate is set by the location. Casa Hidalgo is a three-minute walk from the Parroquia de Guadalupe and four from the malecón: guests arrive on foot, with no transfers, and they pay for that. The Historic Centre doesn't compete with the hotel zone — it precedes it.
Take Studio 201, the lowest entry in the building: $3,900,000 MXN, approximately $223,000 USD. In the estimated band of 5 to 7% gross per year, the unit generates between $11,100 and $15,600 USD annually — an average of $930 to $1,300 USD per month. A standout operation, at the top of the band for Centro studios, approaches $17,800 USD a year. On top of that cash flow sits the asset itself: the area recorded +22% appreciation over the last annual cycle.
Illustrative scenario, not a projection or a guarantee. Gross figures before expenses, management and taxes (25% income tax withholding for non-residents); the appreciation cited is historical and does not imply future performance. Sources: TheLatinvestor, AirDNA, AirROI, Secturjal, 2026.
Ownership is acquired through a bank trust (fideicomiso): setup runs $1,500 to $2,500 USD with an annual bank fee of $500 to $700. Closing costs — a 2 to 3% acquisition tax, notary, registry and the foreign ministry permit — total between 6 and 9% of the property value. Rental income for non-residents carries a 25% withholding on gross income. Everything is on the table from the first conversation. For Mexican buyers, bank financing is accepted; in every case, title transfer is immediate.
The penthouse, all-in with closing costs, comes to approximately $573,000 USD. Units start at $3,900,000 MXN.