Archive for: January, 2005

Pacific Mexican Renaissance — The coveted coastline of Mexico is now available for foreign investment

 

Luxury real estate and vacation rentals in Puerto Vallarta, Punta Mita, Costa Careyes, Riviera Nayarit and beyond

Lux­ury real estate and vaca­tion rentals in Puerto Val­larta, Punta Mita, Costa Careyes, Riv­iera Nayarit and beyond

Puerto Val­larta, Mex­ico — Fly South three-hours from Los Ange­les, Cal­i­for­nia to explore unspoiled, trop­i­cal, beach­front prop­erty. Along Mexico’s Pacific coast­line sits the Bay of Ban­deras. It is the largest nat­ural bay in Mex­ico. There are about 40 miles of coast­line, which has almost 30 miles of beaches and is dot­ted with inti­mate coves and cliffs.

 

The Bay of Ban­deras rep­re­sents Mexico’s sec­ond largest tourist des­ti­na­tion. Three cities along the bay include Cabo Cor­reintes, at the south­ern tip, Puerto Val­larta in the cen­ter and at the north­ern tip is Punta de Mita.

The explo­sive growth is tak­ing place in the North­ern part of the bay. Pre­miere devel­op­ments include the world renowned Four Sea­sons Resort, Punta Mita and the Rose­wood Resort.

The lux­ury devel­op­ment boom has brought world-class qual­ity. Mexico’s best archi­tects, builders and arti­sans are cre­at­ing imag­i­na­tive and stun­ning homes along the Pacific coastline.

The most excel­lent, lux­ury invest­ments are tak­ing place in the areas around Punta de Mita. The real estate has a restricted occu­pancy rate. It can be as lit­tle as nine bed­rooms per 2.5 acres. This will keep the num­ber of landown­ers down and encour­age devel­op­ment of high-end liv­ing. Pris­tine beach­front prop­erty can be as much as $2-million dol­lars per acre. La Punta Realty is offer­ing multi-million dol­lar homes and the most exclu­sive and pri­vate home­site lots in the Bay. These prop­er­ties are adja­cent to the Four Sea­sons Resort, Punta Mita.

Mex­i­can, North Amer­i­can, Span­ish, French and Ital­ian investors have put their money into the Bay of Ban­deras. The first group of lux­ury home own­ers have typ­i­cally come from Cal­i­for­nia, par­tic­u­larly Sil­li­con Val­ley and Hol­ly­wood. “It is truly amaz­ing what is hap­pen­ing here,” says Alexis Bur­well of La Punta Realty, “There are many active devel­op­ments to choose from along the north coast and the prop­er­ties are sell­ing well.”

Right now the Bay of Ban­deras attracts over 3-million tourists per year and has a pop­u­la­tion of about 325,000. Accord­ing to FONATUR, the Mex­i­can tourist devel­op­ment bank, and the Ban­deras tourism board, the num­ber of tourists in the next 20 years will exceed 6 mil­lion per year and the pop­u­la­tion will more than dou­ble in size.

The Mex­i­can gov­ern­ment is mak­ing the Bay of Ban­deras a pri­or­ity. It hopes to keep the infra­struc­ture grow­ing to accom­mo­date the ever­in­creas­ing num­ber of new home­own­ers. Elec­tric­ity, water treat­ment, telecom­mu­ni­ca­tions, air­ports, and high­ways are just some of the areas being addressed right now. The Mex­i­can gov­ern­ment has also changed some of the real estate laws. Now it is eas­ier for for­eign­ers to buy and develop prop­erty in Mex­ico. The aver­age num­ber of sunny days per year is 300. And with an aver­age yearly tem­per­a­ture of 85 degrees, you can almost always enjoy the great out-of-doors.

The area has seven spec­tac­u­lar golf courses, designed by some of the world’s top archi­tects, includ­ing Jack Nick­laus and Tom Weiskopf. The Bay is def­i­nitely earn­ing its rep­u­ta­tion as a world-class golfers destination.

Of course, the miles of coast­line offer lazy days on the beach, or all sorts of water sports like surf­ing, snor­kel­ing, para­sail­ing, boating,fishing, kayak­ing, and whale watching.

The Bay of Ban­deras serves as the fore­ground for behind it lays lush, trop­i­cal jun­gle, and the rugged Sierra Madre moun­tain range pro­vides a stun­ning backdrop.

It is this beau­ti­ful vista that plan­ners want to pre­serve. Many lux­ury home­buy­ers grav­i­tate to these eco­log­i­cally sound and con­ser­va­tion friendly com­mu­ni­ties. In this diverse nat­ural cli­mate eco-tourism is a fast grow­ing ven­ture. Activ­i­ties include moun­tain bik­ing, hik­ing, swing­ing through the trees on a canopy tour; horse­back rid­ing and you can be gone a few hours or a few days.

There are also excur­sions to remote colo­nial towns or a Hui­chol Indian vil­lage, where you can expe­ri­ence the true cul­ture of the area.

The Punta de Mita area is serene and tran­quil but only a short dis­tance away is Puerto Val­larta, which is a delight­ful mix of the old and the new. And gives every­thing you would expect in a world-class tourist destination.

In the area’s largest city, there are over 200 restau­rants offer­ing atmos­phere from casual bistros to fine din­ing. And with chefs from all over the world, the vari­ety of cui­sine will tempt everyone’s taste buds. Puerto Val­larta also offers a spec­tac­u­lar nightlife. You can enjoy quiet con­ver­sa­tion, stroll along the Male­con, catch a show, and boo­gie till dawn.

Many artists have found inspi­ra­tion in the Puerto Val­larta area. There are dozens of impor­tant art gal­leries to check out with works in a num­ber of medi­ums. The only city in Mex­ico with more is the cap­i­tal. So, the Bay can be as excit­ing, or laid back as you like.

Savvy investors can look at prop­er­ties in The Bay of Ban­deras as lucra­tive long-term invest­ments, espe­cially dur­ing this global eco­nomic slump. And La Punta Realty is offer­ing the for­tu­nate few, unique beach­front oppor­tu­ni­ties for development.

Visit their web­site for photo tours of all their prop­er­ties: http://www.lapuntarealty.com/

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