ICON Vallarta

Surrounded by lush mountains, peerless beaches and the Pacific, Icon Vallarta is one of the most exclusive condominium tower to rise in Banderas Bay to date. Only five minutes from downtown’s restaurant and gallery scene, Icon is a modern oasis with luxury amenities, offering a variety of personalized services and stellar design that will allow you to live the life of opulence you've always wanted.

Yoo brings design and quality to the forefront with this hallmark project in collaboration with Related International. The creative, beautiful and unique designs of Yoo by Starck translate into increased demand, sustained added value and comfort for owners and investors alike.

First announced in 2006, Icon was the first project to break ground in Related Group's first incursion into international markets, while back in Miami its projects were being repossessed and losing value.

Partly because of this, Icon Vallarta is the only project listed on Related's website. The 3 tower, 343 unit development covers 5 acres on Banderas Bay. Featuring Yoo and Phillip Starck's off-beat, minimalist style, units range from $199,000 to $1.299 million. Most of the buyers have been second-home buyers and not investors, evenly split between Mexican and U.S. residents, and the majority of the sales have taken place during the last few months.

According to Luxury Beach, one of the preferred sales agents promoting Icon and many of the areas other top development, Puerto Vallarta and the nearby Riviera Nayarit continue to offer incredible opportunities for those seeking a different lifestyle outside of the United State or Canada.

The average sale price in the current markets starts at around $320,000. Though many expect prices in high rise condominiums and luxury villas to continue to rise, mainly because prospective buyers are beginning to look at higher-priced properties now that the real estate market at home has stabilized if not completely recovered.