In October, JamesEdition published a feature called “Investing in Puerto Vallarta’s Trophy Penthouses and Hillside Homes,” built around four residences we represent with Coldwell Banker La Costa: the two Grand Venetian penthouses in Tower 2000, Residence 1302 at Mayāmar and Residence 1002 at Velōa. You can read the original on JamesEdition, and we are glad to see these homes in it.
A magazine feature has room for the highlights. It does not have room for what we tell buyers once they are sitting across from us: what each floor plan means for daily life, what stage each building is at, and what a closing in Mexico really costs. This is the longer version, written by the two people who will walk you through any of them.
Grand Venetian, Tower 2000: two penthouses joined by one door
PH1-02 and PH1-03 (units 2602 and 2603) sit on floors 26 and 27 of Tower 2000, and an interior door on floor 26 connects them. Each one is 344 m² (3,706 sq ft) across two levels, counting the terraces, and each sells fully furnished with original artwork by Beatriz Hidalgo de la Garza. Both are listed at $2,400,000.
That door is what makes them unusual. A buyer can take one penthouse, or take both and live in a single home of about 7,400 square feet. If you are thinking about both, tell us early, because we will want to walk you through what the building requires.
The complex around them includes five pools, a beach club, tennis and pickleball, a spa and 24-hour gated security. Our Grand Venetian site lets you switch between PH3, PH2 and the two combined, with a 3D tour of each, and the penthouses are also on our home page.
For a closer look, watch the Grand Venetian walkthrough on our YouTube channel, and read The New Standard of Outdoor Luxury Living in Puerto Vallarta, which also explains why a square-metre figure that includes terraces is not comparable to one back home.
Mayāmar Residence 1302: the largest plan for sale in Torre Sur
Residence 1302 is on the 13th floor of the south tower at Mayāmar, the Grupo Solcon development on Calle Gardenias in Amapas. It is a 289 m² (3,142 sq ft) plan with two bedrooms plus a flex room and three baths, one floor below the penthouses, and it is the largest floor plan offered for sale in the tower.
The point worth understanding before you fall for it is that Mayāmar is two buildings at one address. Torre Norte began handing over units in September 2026 and is still being finished. Torre Sur is preconstruction, with delivery expected in April 2028, and that is where 1302 sits. The published price for 1302 on the 80% down, 20% at delivery plan is $1,387,584, and developer promotions change, so ask us for the current figure. Parking spaces and storage units are sold separately at Mayāmar, which surprises some buyers.
We explain how buying before a building exists works in What Buying Pre-Construction in Puerto Vallarta Really Looks Like, and you can see the development on our Mayāmar card.
Velōa Residence 1002: the biggest plan in the Zona Romántica building
Velōa is a 94-unit Grupo Solcon building at Lázaro Cárdenas #286 in the Zona Romántica, with a rooftop infinity pool, a swim-up bar, a spa and a gym. Residence 1002 is its largest floor plan, about 187 m² (2,013 sq ft) on level 10 with three bedrooms. Its headline price is $1,092,720, which is the 80% down, 20% at delivery plan and carries the developer’s largest discount, 30% off the list price.
Velōa is still a preconstruction building, with delivery planned for April 2028. Once the developer accepts an offer, the buyer has three business days to place a $5,000 deposit and about ten business days for due diligence.
The best amenity in a building like this is the neighborhood around it. JamesEdition puts Cuale Island about two minutes away on foot, Los Muertos Beach about six and the Malecón about seven. The Zona Romántica is also lively at night, so we always suggest spending a Friday or Saturday evening on the street before you decide. The Velōa details are on our home page.
One of our Journal pieces, Puerto Vallarta Is Becoming More Valuable, Not More Expensive, uses a Velōa penthouse as one of its examples.
What closing actually costs, and who owns the home
Closing costs in Puerto Vallarta are usually quoted as 4% to 7% of the purchase price, and the width of that range has a simple explanation. Most of the line items are fixed fees, so the same paperwork costs about the same on a $240,000 condo as on a $1.5 million one, which makes it a bigger share of the smaller price. On a $240,000 closing this July the total came to 4.4%. On a $1.52 million closing in August it came to just over 3.3%.
Two things move the final number. The notary and the attorney, who take most of the cost, accept only pesos, and a closing usually takes 45 to 60 days, so a dollar figure quoted at contract changes with the exchange rate. On a new building, the closing can also fall several months after delivery.
The rest of the process is covered in Buying Property in Puerto Vallarta as a Foreigner, Can You Get a Mortgage in Mexico? and Money in Puerto Vallarta: Pesos, Tipping, Cards and ATMs.
Foreign buyers near the coast hold title through a fideicomiso, a bank trust with a renewable 50-year term. Who inherits the property deserves its own look, so we wrote it up in Who Gets Your Puerto Vallarta Home? You Decide.
Which one caught your eye?
We are Hannah López and Tom Gordon, the number one Coldwell Banker Global Luxury team in Mexico for 2025, in the top 2% of Coldwell Banker agents worldwide and members of the President’s Elite. We live in Puerto Vallarta, and we have a sales office at Velōa. Tell us which of the four homes interests you and we will set up a visit or a video walkthrough, whichever suits where you are. You can reach us from our home page.
If you are weighing a move and not only a purchase, start with Healthcare in Puerto Vallarta and Riviera Nayarit and Living and Working in Mexico, Legally.
Tom & Hannah
Selling Puerto Vallarta
Tom Gordon & Hannah López
Coldwell Banker La Costa, Puerto Vallarta
Hannah Lopez & Tom Gordon Team
Coldwell Banker Global Luxury · CLHMS · AMPI · Lawgic Accredited
tom.gordon@luxuryvallartarealty.com
WhatsApp +1 512 569 6371
luxuryvallartarealty.com
Renderings are artist’s interpretations and finished buildings may differ. Prices, payment plans, deposits and terms are as of November 2026, vary by developer and change over time. This article is general information based on our experience, not legal, tax or investment advice. Always have your contract reviewed by your own attorney.
Written November 2026.