The real estate market in Puerto Vallarta continues to boom with properties flying off the market almost as quickly as we list them. If you’ve been considering listing your Puerto Vallarta property for sale, you’re not alone. Many owners are seizing the opportunity to maximize their return on investment by selling in this hot market and up or down-sizing to a new home.
But even with an active market, is putting your property for sale during the busy holiday season the best idea? We’ve got a few things to think about before you decide.
Potential Disadvantages
· If you’re used to holiday hosting, you’ll have to put your party plans on hold if you list your home for sale in December. You’ll need to have your property prepared and ready to show, so this year decide on being a party-goer not a party-thrower.
· Expect delays with December sales as notaries, banks, and mortgage brokers take vacation days. Plan for contracts to have longer closing windows due to the holidays.
Potential Advantages
· There will be less competition on a market that already has limited inventory, as many potential sellers hold off on December listings to capitalize on vacation rentals during the highest rental rate period of the year or to enjoy one last holiday of personal use. Less inventory makes your property shine even brighter.
· Vacationers fall in love with Puerto Vallarta over the holiday season, and with travel having bounced back to almost 2019 rates in PV, you’ll have lots of potential buyers visiting.
Still not certain what the best move is for you? Talk to one of our expert Tropicasa agents for experienced advice about selling your property and an honest assessment on the value of your home. And, bonus tip, if you do plan on selling your home or if your home is currently on the market, keep the seasonal decorations subtle this year to let the view, architecture, location and design of your home take centerstage.
Click here for more Puerto Vallarta real estate and lifestyle tips from Tropicasa Realty.