We stayed here for just over 2 weeks in February. We were a group of 5: 3 adults and 2 young children (6 months and 3 years). The condo and the resort were just what we needed: walking distance to restaurants on the marina, and an easy bus or taxi ride to Walmart for groceries. PV's bus and taxi system work extremely well: low cost and very accessible. This condo was very comfortable: without too many nick-knacks for the kids to break. The owner and his family were great. They were there to welcome us and had a huge platter of fruit as a welcome gift. The owner was always available on email or by phone, whenever we had any questions. He was extremely accommodating; he even gave us a ride to the airport. It was no easy task with 5 people and tons of luggage.
The resort was busy when we were there - not crowded but comfortable. We had access to all the facilities and programs. The pools are very nice and well-maintained, and the beach is very good (for Puerto Vallarta). WIFI is free, but if you want higher speeds you have to pay. We found the free version was fine, and we had at least 5 devices connected. There were some issues with the AC when we were there, but the owner worked hard to resolve them. We found we didn't need the AC much anyway because of the open design of the condo, the ocean breezes and the cool PV nights. There is lots of space for 2 couples or an extended family like ours. It took us quite a while to find some good restaurants, but there are quite a few. There are 2 restaurants at the hotel; we ate in the one at the beach a couple of times. It was good, but a bit expensive. TripAdvisor (which is usually pretty good) doesn't even mention our favorites at the Marina: Basha's, Victor's and the Rock and Roll. The Mikado (not on the marina) has excellent sushi, and reasonable prices. While we were there they had a 30% off early-bird special, but you had to ask for it.
All in all, an excellent vacation. Thanks again to the Velas resort staff, and especially to the owner. I would certainly rent from him again.