Condos Under $250K in Puerto Vallarta | Versalles, 5 de Diciembre & Centro South

Finding a condo in Puerto Vallarta under $250,000 USD (≈ $5,000,000 MXN) is still possible—if you know where to look. This article explores current FlexMLS listings in three of the city’s most desirable neighborhoods: Versalles, 5 de Diciembre, and Centro South.

These areas offer a strategic balance between lifestyle appeal, walkability, rental demand, and long-term appreciation, making them attractive for both full-time living and investment purposes. You’ll find an overview of each neighborhood, pricing expectations, and direct access to live, up-to-date MLS inventory, all curated by a local real estate professional with on-the-ground market insight.

Whether you’re searching for a primary residence, a vacation condo, or an income-producing property, this guide helps you evaluate your options and act with confidence in one of Puerto Vallarta’s most competitive price segments.