CRATE Ideas

Curated Coastal Living

Debra Stevenson Debra Stevenson

MARVELLOUS MÉRIDA: Transforming a Yucatán-Inspired Colonial into a Multiplex Investment

MARVELLOUS MÉRIDA: How Serial Investors Transformed a Yucatán-Inspired Colonial into a Multiplex Investment 

When Daniel and Laura first spotted this Yucatán-inspired colonial in 5 de Diciembre, one of Puerto Vallarta’s most established traditional neighborhoods, they immediately saw what experienced real estate investors are trained to spot: massive potential.

Behind the carved doors, ironwork and timeworn finishes was an expansive multiunit property with three identical two-bedroom residences, generous outdoor spaces and a spectacular rooftop terrace overlooking both the Bay of Banderas and the Sierra Madre mountains.

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