It’s your unit’s fixed percentage of undivided interest in the complex’s common property, set out in the master deed and typically based on your unit’s or lot’s size relative to the whole. It’s the number everything else is calculated from: your share of the dues and your share of the reserve fund.
Not exactly. The A.C. is its own legal entity, separate from the condominium regime, with its own Members, Board of Directors, and Officers. It can run its own corporate affairs, but its authority over the condominium itself only extends as far as whatever the Homeowners Assembly has delegated to it — it can never override the bylaws or outrank the Assembly.
Because Mexico’s federal tax authority, the SAT, won’t recognize a bare Condominium Regime as a taxpayer — it can’t get a tax ID, open a bank account, or sign contracts in its own name. Communities solve that by forming a Civil Association (A.C.), a nonprofit corporation the SAT does recognize, and appointing it as the condominium’s Administrator.
Legally, it’s a Régimen de Condominio, or Condominium Regime — a structure created under state civil law and recorded with the government before any units are sold. Unlike a typical U.S. HOA, it isn’t a private contract the developer wrote; it’s a public legal structure, so a board has far less room to enforce anything that isn’t actually written in the Reglamento.
Annual HOA fees vary by lot size and development status to cover 24/7 security, street care, and water infrastructure. Ownership grants convenient access to the Pedregal beach on the Pacific side and to the tennis/pickleball courts. Owners in Pedregal may join the Mountain Club which offers gym facilities and spa services.
Buyers can purchase resale lots and custom-build homes in diverse architectural styles rather than being restricted to uniform designs. Nonetheless, strict rules are heavily enforced to protect neighbors’ views. Buyers must plan for the higher construction costs associated with the steep, rocky terrain in Pedregal.
Pedregal is a highly rental-friendly community and one of the highest-grossing vacation rental neighborhoods due to its close proximity to the downtown area. However, the Homeowners Association strictly enforces regulations regarding noise, trash, and guest registration to preserve neighborhood harmony.
The Marina side provides views of the marina and downtown lights, offering easier walkability to local nightlife and dining. In contrast, the Pacific Ocean side offers secluded, dramatic sunset views and stronger ocean breezes.
Pedregal addresses regional water scarcity by operating its own private desalination plant. This infrastructure ensures a constant, private supply of running water directly to its properties.
Real Estate sales in the Pedregal Community throughout 2024 and 2025, as reported on MLS, resulted in 30 sales with an average ocean view home price of $3.20m USD. Prices ranged from a low of $0.97m USD to a high of $9.83m USD, with an average value of $640 USD per square foot of air-conditioned interior space.