We stayed in a few different areas but only spent a day at PV. Honestly wasn’t a fan of the city. It’s pretty touristy but I’m sure there is more to it than what we saw.
Punta Monterrey is one spot we stayed for a few days and I’d recommend it. The hotel is super nice and laid back and the wave is really fun. It’s also very close to San Francisco/pancho which was our favorite town to hang in. The surf there was fun too, although we never got amazing surf. Getting to PM is kinda tricky once you get off the main road, I just wouldn’t recommend a low clearance car. I rented a small cross over type suv which got us up and down the steep unmaintained dirt road pretty good, albeit slow. I’m sure they could pick you up to avoid the rental.