Bucerias Condos, Houses and Land - Riviera Nayarit Homes for Sale

Bucerías meaning “place of divers“, is a small beach resort town in Nayarit on a stretch of Mexico‘s Pacific coast known as the Riviera Nayarit, on the Bay of Banderas, between La Cruz de Huanacaxtle and Nuevo Vallarta. 

It has a population of about 9,000 residents (seasonal influxes double that number) and is a typical town of the region with cobblestone streets, the main square, church, and many services for visiting foreigners, and features a wide array of restaurants. It has uninterrupted beach that continues north and south for a total of more than 29 km (18 miles)

 

Bucerías is bisected by the Arroyo del Indio, a mountain run-off that remains dry most of the year. The Arroyo also serves as an unimproved roadbed under Fed 200 overpasses and can be navigated by car far up into the foothills.

The half of Bucerías north of Fed 200 mostly consists of citizens; the other half south of Fed 200 beach-ward consists of primarily foreign residents, both permanent and part-time.

Once a quaint fishing village incorporated in the 1930s, Bucerías has become a quaint tourist town since the 1980s, when primarily Canadian residents began coming for extended stays with RVs and fifth wheels; Canadians remain a very large part of the seasonal population.

The boom of all-inclusive hotels to the south in Nuevo Vallarta development extending from the north end of Puerto Vallarta has driven building in Bucerías as well, although in a more muted way. Buildings rarely exceed seven floors, and the units are a condominium, rather than hotel style.

Each January the town celebrates Our Lady of Peace (La Virgen de la Paz), who is the patron of the local Catholic church. There is a large and vibrant street bazaar featuring traditional regional art & textiles. source: https://en.wikipedia.org/wiki/Bucerias, Nayarit

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Absortion Rate in Bucerias

Condos

[market_stats type="absorption" property_type="A" location="MLSAreaMinor=Bucerias&Bucerias"]

Houses

[market_stats type="absorption" property_type="B" location="MLSAreaMinor=Bucerias&Bucerias"]

Land

[market_stats type="absorption" property_type="E" location="MLSAreaMinor=Bucerias&Bucerias"]

The Absorption Rate, in Months chart shows how long the current inventory of properties would last at the current rate of sales.  If no new properties were added to the market, and sales continued at a steady pace, the Absorption rate indicates the number of months required to sell all the properties on the market.

Absorption rate is based on two numbers: 1 The number of active listings 2 The average number of listings sold per month for the previous n months. The number of active listings is a “snapshot” of listings active on a single day (the 15th of the month). The number of months of sold listings, here, is 12. The formula is Absorption Ratio = A ÷ N Where A = listings active on the 15th of the month, and N = the average number of listings sold during each of the previous 12 months.

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