Chicago-Based Auction Firm Diliberto Real Estate Services Launches Puerto Vallarta Condo Auction

Chicago-area-based Diliberto Real Estate Services, LLC announces today a Puerto Vallarta, Mexico luxury condominium auction, headlined by two units including one nearly crowning the skyscraping Grand Venetian Bay View Grand, one of the tallest new developments in the hotel district right on a private beach astride the Bahai de Banderas. Originally marketed for nearly $3 million, the penthouse suite will now start at under a million dollars.

The internationally advertised auction will provide a live and Internet bidding forum and will include various commercial and residential properties in multiple locations. Bidders can bid online from their home and view the event live on the Internet.

Also featured at auction will be a second unit in the Grand Venetian: a three-bedroom unit originally marketed for $800,000 will now be auctioned with an opening bid under $400,000.

The Grand Venetian Bay View Grand, a sister property to Puerto Vallarta’s similarly luxurious Bay View Grand, features not only a private beach right on one of the best-reputed beaches along the city’s main Oceanside boulevard, but also several private “Infinty-edge” (or “disappearing-edge”) swimming pools.

Both units feature balconies and a hot tub. In the 5,670-square-foot, four-bath penthouse unit, the hot tub is located on the balcony and offers a private view of the ocean from the tub. The penthouse balcony wraps around the corner of the building, affording not only the titular “bay view” but also an eastern exposure overlooking the complete hotel district.

The building, one of two completed condominium towers (a brand-new third tower is also nearing completion), benefits from the development’s private security team and gated access in what the US government recently deemed one of the country’s safest and most desirable cities for tourism.

The open outcry auction will be held on May 25.