Archive for: January, 2009

Mexico’s 2008 Private Tourism Investment Up 34% To $4.64 Billion

Jan 30 2009 Published by admin under 03 - Real Estate News, 13 - Financial News

Thurs­day Jan­u­ary 29th, 2009 / 21h16

MEXICO CITY -(Dow Jones)- Pri­vate invest­ment in Mexico’s tourism sec­tor rose 34% last year to $4.64 bil­lion, Tourism Min­is­ter Rodolfo Eli­zondo said Thursday.

States that saw major invest­ments included Quin­tana Roo, where the Caribbean resort of Can­cun is located, as well as the Pacific coastal states of Nayarit, Baja Cal­i­for­nia and Sinaloa, Eli­zondo said at a tourism event in Spain, accord­ing to a min­istry press release.
Of the total invest­ment, 52% came from domes­tic sources while 48% was put up by for­eign­ers, mostly from Spain and the U.S.

Pri­vate tourism invest­ment in 2007 and 2008 totaled $8.11 bil­lion, and Mex­ico is on track to reach the $20 bil­lion level the gov­ern­ment expects between 2007 and 2012, Eli­zondo said.

Mex­ico is a coun­try with enor­mous cul­tural, his­tor­i­cal, archi­tec­tural and gas­tro­nomic poten­tial,” he said. “It has extra­or­di­nary arche­o­log­i­cal zones, mar­velous beaches, forests and jun­gles, and peo­ple whose hos­pi­tal­ity puts us above our competitors.”

For­eign tourism is a major source of for­eign cur­rency income in Mex­ico, and brought in $12.12 bil­lion in the first 11 months of 2008.

http://www.easybourse.com/bourse-actualite/marches/mexico-s-2008-private-tourism-investment-up-4prc-to-S464-606604

–By Paul Kier­nan, Dow Jones Newswires; (5255)5001–5726, paul.kiernan@dowjones.com

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Sayulita: Mexico’s Surf City

0131A small Mex­i­can vil­lage caters to surfers and anglers look­ing for a slower pace and great experiences.

Pub­lished: 01/29/09   3:06 am   |   Updated: 01/29/09   3:01 am

This low-key vil­lage about 40 min­utes north of bustling Puerto Val­larta doesn’t have sprawl­ing beach­front hotels or rum­bling dis­cos where tourists do tequila shots out of each other’s navels.Sayulita doesn’t have a bunch of four-star restau­rants, chic bou­tiques or even paved streets. But the curved sandy beach, the lush jun­gle, the lines of warm surfer-friendly swells and the funky, open-air restau­rants attract a lot of adven­ture­some peo­ple from the Northwest.

Sayulita is Surf City, Mexico-style.

We come for the surf­ing,” said twins Becca and Elie Meier­bach­tol of Portland.

And the area is not too touristy,” Elie, 24, said as she looked over a table of local pot­tery. “You get a local feel.” 

The small-town feel is what I love,” Becca said.

The world-class surf­ing and fish­ing and beach explor­ing attracts North­west peo­ple, but the slow-paced, close-to-the-earth rhythms of the Pacific coast town keeps them com­ing back.

MEXICAN SURFING MECCA

Sayulita’s famous surf, which rises from a rock river mouth reef and peels off into near-perfect right and left break­ers, first attracted vis­i­tors in the mid-1960s.

The Mex­i­can gov­ern­ment had built the high­way that con­nected tiny Sayulita – mostly a fish­ing vil­lage in those days – to rapidly grow­ing Puerto Val­larta. Surfers soon dis­cov­ered the tiny town with great waves. Surfers – always a trav­el­ing tribe – spread the word about Sayulita, and more and more vis­i­tors arrived.

Amaz­ingly, the big hotels, chain restau­rants and golf courses never arrived. There are no Senor Frog’s restau­rants. Sayulita has lots of for­eign vis­i­tors – and res­i­dents – but the town remains charm­ingly, stub­bornly, delight­fully Mexican.

Small stores carry gro­ceries, ven­dors ped­dle fruit and fish from bat­tered, cooler-equipped trucks and many res­i­dents toss their wash water out onto the packed sand-and-gravel roads.

SUN, SURF, SURPRISES

Steve O’Neal, who lives in San Fran­cisco, vis­ited Sayulita on impulse in mid-January, mostly because of the leg­endary surf­ing – and the warm water and sunny skies.

I wanted to see what three hours of fly­ing from San Fran­cisco got me,” O’Neal said after he fin­ished his first day of surf­ing Sayulita. “I love it – the great waves and no wet suit is required.”

Sayulita’s south­ern beach has easy waves that are per­fect for begin­ners, while the swells break­ing near the reef can chal­lenge experts, said Nazario Car­ranza, co-owner of the Lunazul surf shop.

Many Mex­i­can surf­ing cham­pi­ons grew up in tiny Sayulita, and those experts are usu­ally in the lineup on good days, Car­ranza said.

Young Mex­i­can surfers – some younger than 10 years old – pad­dle short boards into the crash­ing, usu­ally unride­able shore­break and man­age slash­ing round­house cut­backs and quick tube rides. It’s easy to see why more Mex­i­can surf­ing cham­pi­ons will come from Sayulita. Yet, there is room for surfers of all abil­i­ties – although begin­ners should stick to the south end of the beach, where the waves are gentle.

Nearby areas – a short taxi or boat ride away – offer more world-class waves. Adven­ture­some surfers should check with surf shops or fish­ing char­ters to find these out-of-the-way waves. Some of these breaks are great for begin­ners or long­board­ers, while oth­ers attract wave-slashing short­board­ers. Those will­ing to explore and ask ques­tions can find surf­ing riches that are not far away.

But many surfers love stay­ing right in town.

It is the waves that bring many peo­ple here, but it is the atmos­phere they come to love,” Car­ranza said. “The area and town have a spe­cial charm, and many peo­ple who visit Sayulita come to love it.”

0012LOTS TO LOVE

Vis­i­tors quickly dis­cover that they’re in a real Mex­i­can town – not a posh, pol­ished resort. Most of the town’s streets are packed sand or gravel, although some are cob­ble­stone. Mex­i­can fam­i­lies live in small, stucco houses right next to larger homes and hotels that cater to tourists.

It’s com­mon to see locals mix­ing con­crete on the street or side­walk, cut­ting down coconuts in local gar­dens or cast­ing nets for bait­fish in the surf. Fish­ing guides skid their pan­gas up onto the beach and carry catches to local restau­rants and taco stands. After­noons bring school­child­ren onto the streets – and onto the local waves.

The cen­tral plaza is the place to be in the warm evenings. Locals and vis­i­tors stroll or sit on the con­crete walls, while chil­dren ride skate­boards or prac­tice hand­stands and other gym­nas­tic moves.

On the beach, coconut palms sway in the evening breeze, and pel­i­cans dive into the surf in search of baitfish.

The win­ter months are the dry months in Sayulita. Day­time high tem­per­a­tures are in the 80 to 85-degree range, but a breeze from the ocean keeps things comfortable.

Heavy rains arrive dur­ing the sum­mer months, and many win­ter expats head back to the United States, Canada or Europe.

GOOD EATS

Most of Sayulita’s restau­rants are mod­er­ately priced, casual, open-air places where tourists and locals sit and eat shrimp, dorado – often called mahi mahi in the United States – and other seafood caught that morning.

Even the food carts – often a bad idea for tourists in much of Mex­ico – are safe and turn out deli­cious, sim­ple fare, such as Rico’s tacos with sweet roasted onions and peppers.

Rico’s taco stand is excel­lent,” said Becca Meierbachtol.

And it’s also inex­pen­sive,” said sis­ter Elie Meierbachtol.

And even the swanky spots – such as Don Pedro’s – are open to the soft, trop­i­cal air and offer Mex­i­can cui­sine at rea­son­able prices.

CHASING SOME FISH

Sayulita began as a fish­ing town, and that hasn’t changed – despite the many small hotels, restau­rants and swarms of peo­ple car­ry­ing surf­boards in the streets.

Avid anglers load into pan­gas – a sturdy, open Mex­i­can fish­ing boat – each morn­ing and rocket off to the nearby blue water for dorado, sail­fish, tuna, mar­lin and other big-game fish.

Beach anglers also find hot fish­ing for jack crevalle, snap­per – called pargo in Mex­ico – Sierra mack­erel and other fish.

Off­shore boaters also see hump­back whales, leap­ing manta rays and amaz­ing bird life.

But the big kahuna in this lit­tle trop­i­cal town on Mexico’s trop­i­cal Pacific Coast is still surf­ing. Vis­i­tors surf. Locals surf. And they share the waves and streets and restau­rants and shops. No big hotels, dis­cos or golf courses here.

Just sim­ple peo­ple hav­ing sim­ple fun.

This place is won­der­ful,” said Mag­gie Mork of Peters­burg, N.D. “I stood up on my first wave – a great expe­ri­ence – and it’s beau­ti­ful here.”

All about Sayulita

HOTELS

In Sayulita, they run $60 to $130 a night. When they’re not in tow, Many expats from the United States and Canada rent their homes to visitors.

The Casablanca, a small, clean beach­front hotel with beau­ti­ful rooms and a pool, is $125 a night dur­ing high sea­son, Novem­ber through March. Locals say early Jan­u­ary through Feb­ru­ary is a great time, as hol­i­day crowds are gone and the weather and surf are great.

Infor­ma­tion: www.gosayulita.com

RESTAURANTS

Rico’s taco stand is located near the town plaza every evening. Look for a cir­cu­lar grill, the scent of grilled onions and spices and groups of locals and tourists eat­ing at tables set up curb­side. The food is cheap, won­der­ful and safe.

Bur­rito Rev­o­lu­tion serves mas­sive, tasty chicken, fish, beef and veg­gie bur­ri­tos made right in front of you at an open-air restau­rant. This is a must. The staff trade jokes with cus­tomers seated at a counter in this funky spot. It is located on Ave­nunida Rev­olu­cion near the plaza.

The best beach restau­rants are Don Pedro’s (www.donpedros.com), at the inter­sec­tion of beach sand and Marlin.

At the north end of Sayulita’s beach, La Ter­ra­zoln serves up fan­tas­tic, ultra-fresh Mex­i­can dishes in a charm­ing, open-air plat­form under a palm-thatched roof.

SURFING

Sayulita has good surf­ing all year, but the best swells – from the north – arrive from Novem­ber through April. The fall and win­ter months are the dry sea­son. Tor­ren­tial rains arrive dur­ing the sum­mer wet season.

Those new to the sport can learn the thrill of stand­ing up on a wave. Many good surf schools line the beach. One of the best is Lunazul (www.lunazulsurf.com).

FISHING

For char­ters, Cap­tain Pablo’s is the place to go. No one can miss the boats, bustling beach­side restau­rant and surf school on Sayulita’s beach.

GETTING THERE

A taxi from the Puerto Val­larta air­port to Sayulita – a 40-minute trip on most days – ranges from $30 to $40, depend­ing on your bar­gain­ing skills.

Chester Allen, The Olympian
http://www.thenewstribune.com/soundlife/story/609928.html

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Puerto Vallarta MLS Inventory continued to climb

MLS inven­to­ries con­tinue to increase with a total of 1,163 prop­er­ties now listed with Multi-List Val­larta. The MLV print cat­a­log is get­ting a lit­tle heavy and a lit­tle expen­sive to produce!

Since Octo­ber of 2006, as shown in the attached graph, inven­tory totals have risen from just under 500 list­ing to now nearly 1,163. The most dra­matic increase has been most recently, in the past three months. 

In the past I have com­mented that I thought these increases were just a nor­mal adjust­ment of a mar­ket that has seen five-to-six years of incred­i­ble growth, espe­cially with new devel­op­ments com­ing online. Now, how­ever, I think the increases we are see­ing are because of what is hap­pen­ing to the US and global economies. Peo­ple are putting their homes up for sale because they need to sell. Must be that rea­son because this cer­tainly is not the best time to be list­ing a home on the active mar­ket. I think this upward trend will con­tinue into the new year, as 2009 is not being fore­casted as a very good year for the global economy.mlv-inventory-totals

http://vallartarealestate.wordpress.com/

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Tom Brady and Gisele Bundchen soak up sun in Mexico

Jan 27 2009 Published by admin under 10 - Culture and Leisure, 12 - Travel News

012509bundchen_brady_015 By Gayle Fee and Laura Raposa
Tues­day, Jan­u­ary 27, 2009 

While the Pitts­burgh Steel­ers and Ari­zona Car­di­nals geared up for Super Bowl Sun­day, New Eng­land Patri­ots QB/QT Tom Brady spent a care­free week­end canoodling pool­side with his super­model GF in sunny Puerto Val­larta, Mexico.012609bradybundch01a-1

 

Tommy and his bikini-clad glama­zon, Gisele Bund­chen, smooched, relaxed and fed each other like babies as they lounged by the pool at a roman­tic five-star resort in the Mex­i­can vaca­tion hot spot. Gisele, who was fresh off a week in her native Brazil, where she walked the run­way for Sao Paulo Fash­ion Week, obvi­ously needed a rest, the poor thing.

 

And Tom, well, he’s been pretty much rest­ing since he got knocked out of the season’s first game with a knee catastrophe!

 Any­way, the ever-popular paparazzi snapped the happy pair as they oiled up and did a lit­tle sun­bathing. Later, the celeb cou­ple dozed in their comfy lounge chairs, then ordered some lunch and fed one another. Which is a lit­tle gag­ful if you ask us .…

 

http://news.bostonherald.com/track/inside_track/view/2009_01_26_Tom_Brady_and_Gisele_Bundchen_soak_up_sun_in_Mexico/srvc=home&position=2

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Old and new blend in Puerto Vallarta

2008-12-07-guadalupeBy Lau­rence Iliff
Dal­las Morn­ing News
Posted: 01/15/2009 12:24:14 PM PST
http://www.mercurynews.com/lifeandstyleheadlines/ci_11462195

PUERTO VALLARTA, Mex­ico — Two states of mind co-exist in this resort area on Mexico’s warm Pacific Coast. And they couldn’t be more dif­fer­ent, as my sis­ter and I discovered.

To the north of the air­port lies spank­ing new Nuevo Val­larta in Nayarit state. To the south, old Val­larta in Jalisco.

My sis­ter and her hus­band stayed at the new jewel of Nayarit’s tourism indus­try — the Four Sea­sons Resort at Punta Mita — and even weeks of plan­ning weren’t enough for them to get the digs they wanted.

They ended up slum­ming, rel­a­tively speak­ing, in the cheap­est room at just over $600 per night with twin beds and no ocean view.

I, on the other hand, was actu­ally slum­ming, pick­ing the best bar­gain I could find on a cou­ple of weeks’ notice in the heart of old Puerto Vallarta.

My entire pack­age — three days, two nights in a two-star hotel and round-trip air­fare from Mex­ico City — was still $200 shy of their nightly room rate. And their six-day hol­i­day cost thou­sands of dollars.

Val­larta, to use the generic term that cov­ers both old and new areas, is unique among Mex­i­can resorts in the vari­ety of what it offers along more than 50 miles of beau­ti­ful coast­line. It ranges from cob­ble­stone streets bor­dered by out­door cafes pop­u­lar among the locals, to absolute seclu­sion where Eng­lish is the offi­cial lan­guage and the only other peo­ple you will see are fel­low guests and the hosts.

Amer­i­cans are flock­ing to buy multimillion-dollar beach lots in Nayarit as well as hill­side con­dos in the so-called “roman­tic zone” in the extreme south of the port.

I was deter­mined to enjoy my vaca­tion on the cheap and not allow it to pale in com­par­i­son to my rel­a­tives’ just because of the thou­sands of dol­lars that marked the gap between our budgets.

But let’s start this jour­ney in the lap of luxury.

0102FORPRICE

I tracked down my sis­ter and brother-in-law in the bustling air­port on a Sat­ur­day. They were easy enough to find since their dri­ver was wait­ing for them with a promi­nent sign.

We were whisked into a nearby Sub­ur­ban and offered moist tow­els and refreshments.

About 45 min­utes later, the Four Sea­sons guard tower appeared, and we were waved in by smil­ing greeters.

Min­utes later, an English-language tour of the exten­sive grounds com­menced aboard an elec­tric golf cart. Soon, we were nosh­ing on the chips, gua­camole and salsa spread out before our arrival.

On our first walk­a­bout, a peace­ful­ness filled the jungle-like grounds where the ocean ebbed far below, birds chirped and only the occa­sional pass­ing of a golf cart momen­tar­ily broke the spell of being on a deserted island.

More than a hotel, the Four Sea­sons at Punta Mita is a par­a­disi­a­cal com­pound, with gourmet restau­rants, a full-service spa, and acres and acres dot­ted with the agave plants used to make tequila.

The set­ting is strik­ing, set on a hill­side over­look­ing a remark­able chunk of sandy, wild real estate.

Live gui­tar music wafts through the lobby, voices are kept to a mur­mur, the stars are brighter because of the seclu­sion, and the ocean pro­vides the soundtrack.

ON THE CHEAP

Shift south.

Diesel buses and music blar­ing from over­taxed radios at taco stands were the first sounds I heard after ven­tur­ing a half-block from my hotel, El Pescador.

But inside, the hotel was quiet and clean. I passed up the $16 per night charge for an ocean view and even turned down the $5 per night mini-fridge.

With two con­ve­nience stores and a super­mar­ket within two blocks, cold drinks and cheap food were five min­utes away.

So was the bus stop. As I waited for my room to be read­ied, I ven­tured toward the sea wall area, or malecón, which took about 10 min­utes by bus. Cost: 45 cents.

The sea wall is dot­ted with sculp­tures, some whim­si­cal (aliens walk­ing up a lad­der on their way back to outer space) and some with a local feel (a Mex­i­can cou­ple danc­ing in tra­di­tional dress).

On the other side of the street, early after­noon party-types were buy­ing drinks along the seem­ingly end­less line of restau­rants, bars and clubs that face the ocean, my favorite being the Cuban haunt Bode­guita del Medio.

As the sea wall ends, the Zona Roman­tica begins. It’s dom­i­nated by older hotels, some remod­eled, oth­ers in just pass­able shape. But most are inex­pen­sive, and nearly every­thing is within walk­ing distance.

The area has out­door cafes, sand­wich shops and retro bars.

After tak­ing the bus back to the hotel, I found my room tidy if a lit­tle dark. My win­dow looked onto a hall­way. Only a sliver of ocean was visible.

The pool was sim­ple but nice, and there was free Inter­net ser­vice in the lobby (or a com­puter with Inter­net that could be rented).

Dur­ing my week­end stay, the beach was packed near the restau­rants and bars, but not so much in other areas.

Drinks were cheap, about $2.50, and included an umbrella for shade and a cou­ple of chairs.

Malecón night life was lively, with dif­fer­ent musi­cal styles pour­ing from both gringo-ish and very chic Mex­i­can clubs, and the Zona Roman­tica was hop­ping well past midnight.

My sis­ter and her hus­band were prob­a­bly already asleep. The Four Sea­sons lobby-bar had closed, and the place prob­a­bly was dead quiet.

But that was the beauty of slum­ming. With $20 in my pocket, I could stay out late and have enough for a $4 dol­lar taxi ride back to my hotel and drinks on the beach the next day.

There, I would close my eyes and hear the same ocean that was crash­ing onto sands at Punta Mita, and the same seag­ulls, inter­rupted, to be sure, by mur­mur­ing voices.

All in all, it’s still the beach, still Val­larta, and def­i­nitely worth every cent.

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Joint Broker’s Open House in Punta Mita, this Thursday from 12 noon to 4 pm

Please join all of us for a Joint Broker’s Open House in Punta Mita, this Thurs­day from 12 noon to 4 pm.

The fol­low­ing Fine Homes will be avail­able for view­ing at that time:

casalaspalmas

Casa Las Pal­mas 1, Lot 8 in Ran­chos, Punta Mita
http://www.casalaspalmaspuntamita.com/index1.htm


aurora

Villa Aurora, Lot 17 in Ran­chos, Punta Mita
http://www.lapuntarealty.com/aurora/


islabonita

Villa Islas Boni­tas, Lot 18 in Ran­chos, Punta Mita
http://www.lapuntarealty.com/islasbonitas/

cariza001

Casa Cariza in Lagos del Mar, Punta Mita
http://www.lapuntarealty.com/cariza/

amanecer

Villa Amanacer at Pon­tiq­uito
http://www.lapuntarealty.com/amanecer/

Please call us for direc­tions or any other infor­ma­tion
Tel: 01 (329) 291‑6420
La Punta Realty — Christie’s Great Estates

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Four Seasons Residence Club Punta Mita announced last week the unveiling of 15 new fractional villas available to owners.

 http://puntademita-realestate.com/ Four Sea­sons Res­i­dence Club Punta Mita announced last week the unveil­ing of 15 new frac­tional vil­las avail­able to own­ers. Adja­cent to Four Sea­sons Resort Punta Mita, the Res­i­dence Club has gen­er­ated excite­ment and demand from the day it broke ground in June 2005. Four Sea­sons remains com­mit­ted to rais­ing the bar for lux­ury, ser­vice and ameni­ties for res­i­dence clubs in this pre­miere des­ti­na­tion, located in one of the most desir­able gated mas­ter planned res­i­den­tial devel­op­ments in North America.

We’re so pleased that sales have con­tin­ued to remain con­stant with over 50 per cent of Phase II inven­tory hav­ing sold out in advance of the sched­uled open­ing in Jan­u­ary — quite a tes­ta­ment to the lure of Punta Mita and the magic that it inspires.” said Paul White, Vice Pres­i­dent Res­i­dence Clubs, Four Sea­sons Hotels and Resorts.

 Demand for Four Sea­sons Res­i­dence Club con­tin­ues to grow as con­sumers seek value, a lower cost basis and a care­free way to own a fully fur­nished vaca­tion home in a service-rich envi­ron­ment. The suc­cess of Four Sea­sons Res­i­dence Club Punta Mita is fuelled by many addi­tional fac­tors, includ­ing the much-anticipated open­ing of a sec­ond Jack Nick­laus Sig­na­ture golf course and an expanded Kids for all Sea­sons pro­gram. Res­i­dence Club own­ers have full access to the acclaimed ser­vices and ameni­ties of the adja­cent Four Sea­sons Resort, includ­ing white sand beaches; sev­eral pools, mul­ti­ple restau­rants, the Resort’s Apuane Spa and fit­ness cen­tre, sep­a­rate facil­i­ties for chil­dren and teens to keep younger vaca­tion­ers busy — and of course, Jack Nick­laus Sig­na­ture golf. Fish­ing, water sports and whale watch­ing are among the many activ­i­ties avail­able at the Resort.

Sit­u­ate d in an exclu­sive pri­vate enclave on the north­ern tip of Ban­deras Bay, Four Sea­sons Res­i­dence Club Punta Mita enjoys easy air access into nearby Puerto Val­larta. Cre­ated by renowned Mex­i­can archi­tect Diego Vil­lasenor, and rang­ing in size from 1,900 square feet to over 3,100 square feet, each of the two, three or four bed­room pent­house frac­tional homes include designer fin­ishes, lux­ury appoint­ments — with gourmet kitchens replete with Sub Zero and Wolf appli­ances, large ter­races with pri­vate plunge pools and out­door show­ers. All vil­las come equipped with 50-inch plasma screen TVs, Bose 3–2-1 Home The­atre sound sys­tems and a Sony PS3.

0081004100110160032

For more infor­ma­tion, please visit Puerto Val­larta and

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Current Hot Topics in the Mexico Resort Real Estate Market

Jan 26 2009 Published by admin under 03 - Real Estate News, 13 - Financial News

By Matthew A. Miller
http://www.mexidata.info/id2135.html

 As the Mex­ico resort real estate mar­ket con­tin­ues to gain pop­u­lar­ity among North Amer­i­cans, one com­mon theme exists; an increas­ing demand for insight­ful and rel­e­vant infor­ma­tion among the entire Mex­i­can resort real estate com­mu­nity, includ­ing devel­op­ers, real­tors, own­ers, resellers and poten­tial buy­ers. This is espe­cially true in light of today’s more dif­fi­cult eco­nomic times. There­fore, it seemed worth­while to high­light the hottest cur­rent top­ics in the indus­try as dis­cussed at the fourth annual Mex­ico Resort Devel­op­ment Con­fer­ence in Carls­bad, Cal­i­for­nia held in Decem­ber 2008.

 This year’s con­fer­ence was once again well attended among the most knowl­edge­able indus­try play­ers, span­ning a broad range of func­tions, includ­ing debt and equity investors, banking/lending insti­tu­tions, devel­op­ers, land plan­ners, design­ers, archi­tects, con­sul­tants, real estate exec­u­tives and pro­fes­sional ser­vice firms, all of who pos­sess sig­nif­i­cant and direct expe­ri­ence through­out all of Mexico’s resort areas.

 The 2008 Mex­ico Resort Devel­op­ment Con­fer­ence focused on the chang­ing global eco­nomic land­scape and its direct effect on Mexico’s resort devel­op­ments and buyers.

 The Cur­rent State of the Mar­ket Will Drive Pos­i­tive Change

 It was made clear that the cur­rent global eco­nomic down­turn will have sev­eral effects on the Mex­ico resort real estate mar­ket. To under­stand the down­turn and its effects, one must first under­stand the upturn. 

The his­tor­i­cal upturn (from approx­i­mately 2000 to 2005) is sim­ple. Mex­ico was and con­tin­ues to be an extremely attrac­tive des­ti­na­tion for sec­ond and retire­ment home own­er­ship given its favor­able attrib­utes and prox­im­ity to the U.S. and Canada. As U.S. cit­i­zens con­tin­ued to dis­cover Mex­ico, they were able to pur­chase beach­front and ocean view prop­er­ties at a frac­tion of the cost of sim­i­lar real estate in the U.S., and they also enjoyed 40% to 100% returns on equity, as com­pared to 15% to 35% in the U.S. This, cou­pled with buoyed U.S. equity mar­kets and cheap and avail­able credit, made it rel­a­tively easy for devel­op­ers to sell to U.S. buy­ers who pur­chased the major­ity of the real estate in Mexico’s tourist cor­ri­dors over this time period. The num­ber of projects increased to meet the high demand, caus­ing the unit prices and rates of returns to rise as well as the num­ber of investors financ­ing such projects.

 As the U.S. eco­nomic down­turn begun to first sur­face in 2006, fol­lowed by a global down­turn that con­tin­ues today, the num­ber of U.S. buy­ers nat­u­rally decreased. A grow­ing num­ber of Mex­i­can and Cana­dian buy­ers emerged; how­ever, this was not enough to off­set the decrease among U.S. buy­ers. Despite weak­en­ing demand, many devel­op­ers con­tin­ued to build prop­er­ties, cre­at­ing higher inven­tory than seen in the past. 

While Mexico’s resort real estate mar­kets have not expe­ri­enced as severe of a down­turn as the U.S. real estate mar­ket, nor does any­one expect them to reach such a level, it is clear that demand has slowed and will remain slower for the short term as com­pared to the boom­ing years of 2000 to 2005.

 A slower mar­ket will trans­late into two things. First, it is evi­dent that Mexico’s resort real estate mar­ket is now more than ever a buyer’s mar­ket. Increased inven­tory in light of decreased demand puts buy­ers in the driver’s seat more than ever before. Sec­ond, a buyer’s mar­ket will force devel­op­ers to work harder in order to dif­fer­en­ti­ate them­selves and cre­ate valueadded projects that meet buy­ers’ demands even more. 

A Chang­ing Mar­ket – for the Better

 The upside of the recent mar­ket boom yielded the cre­ation of numer­ous worldclass resorts through­out Mex­ico, all of which paved the way for future suc­cess­ful projects plus they attracted the atten­tion of the inter­na­tional com­mu­nity, cat­a­pult­ing Mex­ico as the world’s top retire­ment des­ti­na­tion for the sec­ond year in a row as ranked by Inter­na­tional Liv­ing.

 The cur­rent state of the mar­ket will bring more pos­i­tive change. These pos­i­tive changes were expressed by sev­eral pan­els at the con­fer­ence, all stress­ing a sim­i­lar point; the stakes have been raised – buy­ers have new pri­or­i­ties in their lives and devel­op­ers will be forced to offer “pro­gram­ming” that is more cre­ative and bet­ter under­stands their tar­get market.

 While buy­ers con­tinue to value strong ameni­ties, the level and types of ameni­ties have changed. Among the new level of ameni­ties that buy­ers are trend­ing towards are spa, fit­ness and well­ness facil­i­ties, activ­i­ties for chil­dren such as kids clubs, edu­ca­tional and cul­tural pro­gram­ming, retail vil­lages, marina vil­lages, shared open spaces, indige­nous land­scapes that include envi­ron­men­tally sen­si­tive ameni­ties and sus­tain­able design with a stronger focus on authen­tic­ity. As all devel­op­ments appear to sell some sort of dif­fer­en­ti­at­ing lifestyle, devel­op­ers will be chal­lenged now more than ever to build the right lifestyle for the right tar­get market.

 In addi­tion to devel­op­ers being faced with the task of cre­at­ing more valueadded prod­ucts, the chang­ing mar­ket has made every aspect of financ­ing a more impor­tant part of the sale process. First, devel­op­ers will no longer be able to count on presales to finance part of their con­struc­tion, and there­fore must take a more con­ser­v­a­tive route and line up tra­di­tional financ­ing for the entire project. This is needed to ensure com­ple­tion of their projects and cre­ate the con­fi­dence among their buy­ers that units will be deliv­ered in a timely fash­ion despite a poten­tially slower mar­ket. Sec­ond, buy­ers are increas­ingly look­ing to finance their pur­chases through crossbor­der Mex­ico mort­gage providers such as Con­fi­Casa. Devel­op­ers and real­tors will increas­ingly work with Mex­ico mort­gage providers to build a main­stream and healthy crossbor­der Mex­ico mort­gage mar­ket that will help the mar­ket for both buy­ers and sell­ers by mak­ing Mex­ico real estate more afford­able. The topic of Mex­ico mort­gage financ­ing is dis­cussed in sig­nif­i­cant detail in ConfiCasa’s Spring/Summer 2008 Newslet­ter arti­cle “CrossBor­der Mex­ico Mort­gage Financ­ing  A Sil­ver Lin­ing to a Slower Mex­ico Real Estate Mar­ket.”

 Change Dri­ves Opportunity

 Mexico’s con­tin­ued attrac­tive­ness among for­eign home own­ers, due to its cli­mate, ameni­ties, close prox­im­ity to the U.S. and Canada, and safety, makes it clear that the U.S. and global eco­nomic down­turn is just a shorterterm hic­cup in what will con­tinue as Mexico’s longterm boom as a sec­ond home and retire­ment des­ti­na­tion among Amer­i­cans, Cana­di­ans and Euro­peans. It is impor­tant that peo­ple not lose sight of this fact and real­ize that a shorterterm cri­sis cre­ates oppor­tu­nity. Find­ing those oppor­tu­ni­ties is the new chal­lenge. For devel­op­ers, it means rais­ing the bar to what are already world class prop­er­ties. For buy­ers, it means being able to obtain tremen­dous value wher­ever they choose to pur­chase in Mexico. 

——————————

Matthew A. Miller is Pres­i­dent and CEO of Con­fi­Casa Mort­gage Inter­na­tional.  This arti­cle is reprinted, with per­mis­sion, from the Win­ter 2008–2009 Newslet­ter of Con­fi­Casa Mort­gage Inter­na­tional.  Con­fi­Casa Mort­gage Inter­na­tional, LLC is a U.S.-based com­pany with office loca­tions in Hous­ton, Chicago, Cabo San Lucas, Puerto Val­larta and, open­ing soon, Can­cun, plus it main­tains a diverse range of strate­gic part­ner rela­tion­ships through­out North Amer­ica. Con­fi­Casa offers the broad­est array of financ­ing prod­ucts for cross-border Mex­ico prop­erty own­er­ship includ­ing an exclu­sive loan pro­gram, as well as the infor­ma­tion, tools, sup­port and pro­fes­sional guid­ance needed to enable its clients to suc­cess­fully finance the pur­chase of their Mex­i­can dream home. As the pio­neer in financ­ing Mex­i­can prop­er­ties for Amer­i­can and Cana­dian dream­ers, the Com­pany has closed more than 1,500 cross-border Mex­ico mort­gages since its found­ing in 1997. To learn more visitwww.conficasamortgage.com.

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Tumbling peso makes Mexico a hot destination

 

MEXICO CITY — It’s got sun, white-sand beaches and bet­ter yet — a bat­tered peso.

Mex­ico is count­ing on its weak­ened cur­rency against the dol­lar and its prox­im­ity to the U.S. to attract recession-shocked Amer­i­cans and fuel its tourism indus­try — a major source of for­eign income.

Tourism offi­cials say Mex­ico saw 3% more vis­i­tors who spent an esti­mated 4% more in 2008, with tourists flock­ing to its beaches and cobble-stoned streets even dur­ing the global eco­nomic cri­sis. And, unlike most tourist des­ti­na­tions around the world, there is no sign that this year will be any different.

Can­cun, Mexico’s top beach des­ti­na­tion, had an occu­pancy rate of more than 90% dur­ing the hol­i­day sea­son and offi­cials expect at least 85% of the Caribbean resort’s 31,000 rooms to be occu­pied dur­ing the win­ter months.

Can­cun remains the pre­ferred beach spot in Mex­ico for spring-breakers, with some 30,000 rev­el­ers expected to visit this year. The same amount came to Can­cun last year, accord­ing to Quin­tana Roo state’s Tourism Department.

 

Erin Erwin, a senior at the Uni­ver­sity of North Car­olina at Chapel Hill, said she and five of her friends booked their spring-break trip to Can­cun because it offered a good deal.

The prices get so expen­sive, so I wanted to book my trip early, and my friends chose Can­cun because it was really cheap out of all the des­ti­na­tions,” Erwin, 21, said.

The group is pay­ing about $1,000 each for five nights at an all-inclusive hotel.

It’s basi­cally the envi­ron­ment for col­lege kids. There is drink­ing, and hav­ing fun and there’s sun and is warm and you lay out and not worry about any­thing,” she said.

Jackie Lewis, man­ag­ing direc­tor of studentcity.com, a web­site devoted to spring-break travel, said reser­va­tions for spring break in Can­cun and Aca­pulco remain strong, mostly because they can find good deals.

We’ve seen stu­dents who are ask­ing for pack­ages that are cheaper, so they may not be stay­ing at the five-star hotels and look­ing for seven-nights all inclu­sive. They may be doing four or five nights at a four-star or three-star,” Lewis said.

Mex­ico attrib­utes the pos­i­tive tourism trend to a tum­bling peso, which lost 30% of its value in 2008. In August, it was trad­ing at 10 to the dol­lar. Now it is 14 to the dollar.

Another advan­tage is the drop in jet fuel prices, which have made fly­ing cheaper and Mex­ico more attrac­tive to North Amer­i­cans look­ing to save some money.

Brian Hoyt, a spokesman for Orb­itz World­wide Inc., which owns Cheaptickets.com and Orbitz.com, said the company’s hotel book­ings in Mex­ico were up 25% in the first 11 months of 2008, com­pared to the same period the prior year.

There’s never been a bet­ter time to travel (to Mex­ico) from a value stand­point than right now,” Hoyt said.

The Tourism Depart­ment says more than 18 mil­lion tourists, about 80% from the U.S., vis­ited Mex­ico between Jan­u­ary and Octo­ber 2008 and spent about $14 billion.

Mex­ico is count­ing on tourism to drive it through the global eco­nomic cri­sis, with more aggres­sive ad cam­paigns on the Inter­net, the con­struc­tion of a $7.5 bil­lion resort in the Pacific Coast state of Sinaloa, and increased pro­mo­tion in places like China, Rus­sia and India, where the num­ber of peo­ple with dis­pos­able income is rapidly growing.

That will likely pay off. With end­less beaches, quaint colo­nial moun­tain towns, ruins, and boom­ing cities filled with restau­rants and muse­ums, the indus­try employs some 2.25 mil­lion people.

The Caribbean, mean­while, has seen a sharp drop in tourism prompt­ing resorts to lay off work­ers. Cheaper rooms can still be found in the region’s islands but experts say they are often off­set by expen­sive airfare.

Jesus Alma­guer, pres­i­dent of Cancun’s Hotels Asso­ci­a­tion, said Mex­ico is already draw­ing more North Amer­i­can tourists who would nor­mally go to other Caribbean spots.

We com­pete a lot for Cana­dian tourists with Jamaica and the Domini­can Repub­lic and I would dare to say that we’re win­ning the bat­tle this year,” Alma­guer said.

http://www.usatoday.com/travel/destinations/2009–01-20-mexico-tourism_N.htm?csp=34

 

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Revel in luxury, and savings, of Puerto Vallarta

Jan 26 2009 Published by admin under 10 - Culture and Leisure, 12 - Travel News

wineglassesSave up to $950 on three-night suite stays at an extrav­a­gant resort.

 

 

updated 10:06 a.m. CT, Mon., Jan. 26, 2009

 

The Deal

For lux­ury accom­mo­da­tions in Puerto Val­larta with plenty of old world charm, con­sider book­ing a stay at Hacienda San Angel. Over­look­ing the spires of the famed Guadalupe Cathe­dral, this colonial-style hacienda con­sists of five vil­las sur­round­ing a tran­quil trop­i­cal inner gar­den and fountain.
Grace­fully fur­nished with one-of-a-kind antiques, this ele­gant hotel offers four­teen pri­vate suites and ameni­ties that include three heated pools, a rooftop Jacuzzi, and com­pli­men­tary breakfast—all just a short stroll from the beach and Puerto Vallarta’s Old Town.
Book a stay here before Jan­u­ary 30 to take advan­tage of the hotel’s spe­cialCharm­ing Three rate, offer­ing 30% off three-night stays at the resort’s three newest suites this spring.
Try a stay at La Guadalu­pana, which offers 18th-century paint­ings and ocean views; the El Paraiso, where you’ll dis­cover ele­gant armoires and crys­tal chan­de­liers; or, the Fuente de Mila­gros, where guests can sleep on a 19th-century bed and mar­vel at the town’s his­toric cathe­dral from the suite’s pri­vate terrace. 
Charm­ing Three rates start at just $382/night, which equals a sav­ings of up to $950 (valid for stays this Feb­ru­ary 1–May 1).

700courtyardwhitekitch700poolstatues2700bed2yl0f7701700villa2_bed2_chair

The Dol­lars

Based on dou­ble occu­pancy. Taxes and gra­tu­ities are additional.

The Catch

Reser­va­tions for the Charm­ing Three spe­cial rate must be booked by emailing
rentals@lapuntarealty.com
Reserve your stay no later than Jan­u­ary 30.

Book­ing Details

For the Hacienda San Angel, visit http://www.lapuntarealty.com/sanangel/

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Luxury vacation club is financially threadbare

Lusso Col­lec­tion — offer­ing access to multimillion-dollar get­away homes around the world — has filed for bank­ruptcy protection.

 

 

For a busy exec­u­tive like weath­er­man Paul Dou­glas, vaca­tion means explor­ing the world with the com­forts of home but none of the has­sles of home ownership.

That’s why last April he paid a six-figure sum to join the Lusso Col­lec­tion, a des­ti­na­tion club that offers most of its mem­bers unlim­ited access to dozens of multimillion-dollar get­away homes around the world.

The attrac­tion? An on-site concierge, a fridge stocked with his family’s favorite food, and none of the finan­cial wor­ries that come with own­ing a sec­ond home. Dur­ing a recent stay at the club’s pent­house over­look­ing Times Square in New York, for exam­ple, the concierge helped Dou­glas arrange for tick­ets to a tap­ing of “Sat­ur­day Night Live.”

lussoThe notion of explor­ing new places and not being stuck in one spot really appealed to us,” said Dou­glas, the for­mer local TV  mete­o­rol­o­gist. “The time you have set aside for fam­ily, you want it be spe­cial and decrease the poten­tial for disaster.”

Now, less than a year after he bought into the Eden Prairie-based club, a gray cloud hangs over Dou­glas’ next vacation.

The Lusso Col­lec­tion recently filed for Chap­ter 11 bank­ruptcy pro­tec­tion, leav­ing Dou­glas, who writes a reg­u­lar col­umn for the Star Tri­bune, and more than 150 well-heeled mem­bers and investors across the coun­try won­der­ing what’s next.

Lusso isn’t the only high-end des­ti­na­tion club or pri­vate resort to suc­cumb to the sag­ging econ­omy and the erod­ing real estate mar­ket. Sev­eral recently have closed, con­sol­i­dated or reduced ser­vices as mem­ber­ship sales have fallen and their busi­ness mod­els have been turned upside down by plung­ing real estate values.

 

The club’s trou­bles are yet another sign that even savvy, wealthy investors aren’t immune to the mar­ket slow­down. The club’s cred­i­tors include Randy McKay, a for­mer exec­u­tive with Frauen­shuh Com­pa­nies, a Twin Cities-based real estate invest­ment com­pany, who invested more than $10 mil­lion in the club; the head of a multibillion-dollar Boston-based real estate invest­ment trust; Bruce Par­adis, CEO of ResCap, a Twin Cities-based mort­gage finance com­pany; and Life Time Fit­ness CEO Bahram Akradi.

Lusso’s founder, Steve Greer, said that the club’s oper­a­tions have gone on unin­ter­rupted. He expects a restruc­tur­ing plan to be filed by the end of the month.

We are exam­in­ing all strate­gic oppor­tu­ni­ties at this time,” Greer said. “I can say with cer­tainty that the strate­gic future of the club will be based on what is best for mem­bers and creditors.”

Greer, a for­mer chief finan­cial and oper­at­ing offi­cer of Rapala, the Finnish fish­ing lure com­pany, said that his deci­sion to start his own des­ti­na­tion club was rein­forced by his expe­ri­ences as a trav­eler. Once he started vaca­tion­ing with a tod­dler, he dis­cov­ered the has­sles of try­ing to com­fort­ably out­fit a hotel with neces­si­ties such as a crib and a dia­per pail. Even expen­sive hotels often had cramped quar­ters and ameni­ties suited more to busi­ness trav­el­ers than to families.

So in 2006, Greer gath­ered a group of investors to begin buy­ing prop­er­ties. One of the club’s early mem­bers, Scott Jagodzin­ski, a direc­tor at Eden Prairie-based Job­Dig Inc., said that he joined the club so he could vaca­tion with­out leav­ing the crea­ture com­forts he enjoys at home.

The club or its related lim­ited lia­bil­ity com­pa­nies paid an aver­age of more than $3 mil­lion for each of the vaca­tion prop­er­ties. Mem­bers bought a share of the club but didn’t have own­er­ship in the prop­er­ties themselves.

Early mem­bers paid $350,000 for what was sup­posed to be a refund­able deposit, plus annual dues of $25,000. When the club filed for bank­ruptcy pro­tec­tion in Decem­ber, the deposit had increased to $425,000, with fees set at $28,000.

Sales exceeded expectations

Greer said mem­ber­ship sales exceeded sales pro­jec­tions when the club began. But trou­ble already was brew­ing at one of its com­peti­tors. In July 2006, Tan­ner & Haley, one of the nation’s largest des­ti­na­tion clubs, filed for Chap­ter 11 pro­tec­tion. And just a year later the hous­ing and credit mar­kets began to unravel.

 

As mem­bers of Tan­ner & Haley were won­der­ing what would become of their invest­ment — some had paid as much as $1.3 mil­lion to join — Greer was acquir­ing more prop­er­ties. He touted the Lusso busi­ness model, which dif­fered from Tan­ner & Haley’s by offer­ing mem­bers unlim­ited access to its properties.

In a let­ter to mem­bers shortly after Tan­ner & Haley filed for bank­ruptcy, Greer reas­sured mem­bers and investors that the Lusso model and oper­at­ing phi­los­o­phy posi­tioned Lusso “for long-term suc­cess in the des­ti­na­tion club indus­try” in large part because Lusso owns its prop­er­ties. Greer also said that Lusso was unique because of its unusu­ally low ratio of mem­bers to prop­er­ties. The company’s mem­ber­ship agree­ment said that its ulti­mate goal was to have 550 mem­bers and 100 properties.

By July 30 of last year, Lusso had sold more than 150 mem­ber­ships and had just acquired its 30th prop­erty. But by then, dark skies already loomed over the econ­omy. The com­pany launched a cam­paign aimed at increas­ing its mem­ber­ship by offer­ing 50 mem­ber­ships at a dis­count. That pro­gram offered mem­bers just three weeks at its vaca­tion prop­er­ties for a reduced deposit of $325,000 and annual dues of $21,000. Lusso set a goal of hav­ing 39 prop­er­ties in 21 des­ti­na­tions by the end of the year.

Expanded to Europe

In Sep­tem­ber, Lusso expanded into Europe with its 31st prop­erty, La Ripa, a 500-year-old Ital­ian farm­house with beamed ceil­ings on 27 rolling acres stud­ded with olive groves and cypress trees in Tuscany.

Just three months after announc­ing the acqui­si­tion of that $5 mil­lion villa, the com­pany said it was fil­ing for bank­ruptcy protection.

Greer attrib­utes the company’s trou­bles to what he calls “unprece­dented eco­nomic times.”

Three of the ingre­di­ents in our busi­ness are access to cap­i­tal, real estate mar­ket con­di­tions and val­ues, and con­sumer con­fi­dence,” Greer said. “Each played a part in what led us to the filing.”

Greer said that the com­pany has stopped sell­ing mem­ber­ships — there are now 155 — until the restruc­tur­ing plan is final­ized. He said that Lusso mem­bers “have been extremely sat­is­fied with the club.” Before the fil­ing, he said, only one mem­ber had requested a refund. Since the fil­ing, how­ever, sev­eral mem­bers sub­mit­ted res­ig­na­tion let­ters and remain listed as unse­cured cred­i­tors in the bank­ruptcy filing.

These were largely acknowl­edged as a pre­cau­tion­ary mea­sure by mem­bers who believed that there was some [eco­nomic] ben­e­fit to hav­ing their name on the res­ig­na­tion list ear­lier,” Greer said. “When we explained to the mem­bers that it was irrel­e­vant in a Chap­ter 11 or Chap­ter 7 bank­ruptcy whether their name was on the res­ig­na­tion list or not, mem­bers stopped sub­mit­ting resignations.”

Jim Pip­pin, man­ag­ing direc­tor of the Veras Club, a des­ti­na­tion club adviser based in Col­orado, said Lusso stood out among the com­pe­ti­tion because of its com­pelling set of ser­vices and ben­e­fits, but it suf­fered from bad timing.

It’s the same cause of so much finan­cial hard­ship in the U.S. right now,” Pip­pin said. “In boom times, the model would have grown and been sus­tain­able for the long run. Their fatal flaw, if there is one, is that they didn’t pre­dict the future.”

Although Lusso has hired the Man­ches­ter Com­pa­nies to help with its restruc­tur­ing efforts, Pip­pin said it’s still unclear what will hap­pen to club mem­bers and investors. In its bank­ruptcy fil­ing, the com­pany listed assets and lia­bil­i­ties of $50 mil­lion to $100 mil­lion. Pip­pin said that while Tan­ner & Haley’s orig­i­nal mem­bers still await res­o­lu­tion of their claims, Lusso has sev­eral options, includ­ing a sale to another company.

The mar­ket­place is such that peo­ple who have cap­i­tal are look­ing for deals and they’re find­ing them,” Pip­pin said. “This could be a very good deal.”

If that hap­pens, Lusso mem­bers could find them­selves with fewer ben­e­fits and new mem­ber­ship terms. Lusso already has trimmed perks, includ­ing vehi­cles for mem­ber use, com­pli­men­tary air­port trans­fers and house­keep­ing ser­vices. And the com­pany has aban­doned plans to buy prop­er­ties in Naples, Fla., and Cabo San Lucas, Mexico.

Mean­while, Dou­glas remains opti­mistic. He’s already booked time at a Lusso prop­erty in La Jolla, Calif., to cel­e­brate a sister’s birth­day, and in Scotts­dale, Ariz., where he plans to study the region’s weather patterns.

We believe in the vision, and I’m hope­ful and con­fi­dent that they’ll find a way to reor­ga­nize and keep this thing going,” Dou­glas said. “It would be a real shame if it fell by the way­side, because it really is just a fab­u­lous company.”

Jim Buchta • 612–673-7376

 

 

 

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Sayulita becoming the next dream vacation spot

 

Pristine waters from Sayulita idylic surf as swim

Pris­tine waters from Sayulita idylic surf as swim

I’ve had the same dream each night in this trop­i­cal par­adise just a half-hour north of Puerto Val­larta. Long, shim­mer­ing lines — ocean swells — march in over the hori­zon. They look like mov­ing walls of water — and they are. The cough­ing booms of waves ham­mer­ing sand fill my mind. Then I wake up, look out the win­dow and see palm trees — and long shim­mer­ing lines of waves and hear the blasts of break­ing water. Then I go surf­ing. Sayulita is one of the surf mec­cas of Mex­ico — which is one of the most under­rated surf­ing des­ti­na­tions on this watery planet. Mex­ico has thou­sands of miles of shore­line, and, as seen from a United Air­lines flight, most of it is unpop­u­lated wilderness.

0051Sayulita, a lit­tle fish­ing and surf­ing vil­lage, has been a famous surf­ing spot for years. Many Mex­i­can pro­fes­sional surfers grew up in this lit­tle vil­lage and honed their skills each day.

But this place, although already dis­cov­ered, has as yet avoided becom­ing a tourist trap. Most of the streets are still packed sand and gravel — and most of them lead to the jun­gle in one direc­tion and a sprawl­ing bay in another. The waves roll in, pass over rocky reefs and explode on the sand.

 

Not every­one in this town is a surfer, but it’s not uncom­mon to see bare­foot peo­ple — from all over the world — tot­ing surf­boards toward the ocean. Coconut palms rat­tle in the breeze, which car­ries the clean scent of air blown over thou­sands of miles of Pacific Ocean. The water is warm when I first pad­dled out to the lineup — warm enough to leave the wet­suit at home in Olympia.

At first, it’s weird to feel warm water flow­ing over my bare legs. North­west surfers climb into thick neo­prene wet­suits — includ­ing hoods, gloves and booties — all year round.

In Sayulita, it’s warm, and the water feels like silk. Giant rays the size of car doors shoot out of the water and land in bel­lyflops that sound like a 12-gauge shot­gun blast. Fly­ing fish skit­ter away from pad­dling surfers just out­side of the break­ing waves.

And beau­ti­ful birds — pel­i­cans, egrets and more — are everywhere. In a way, it feels strange to be here, even though I’ve made a habit of trav­el­ing to steal a lit­tle sum­mer each winter. I think of the wretched econ­omy in the United States — one that has bit­ten me and every­one else at The Olympian. We all feel lucky to still have a job.

But I skimp and save hard to make these short trips to sum­mer pos­si­ble. I still know how lucky I am. I also see how peo­ple live in this small vil­lage. Tiny stucco homes line the streets, and many peo­ple seem to work well into the vel­vet evenings. Life is hap­pily sim­pler here, but many locals don’t enjoy the things we take for granted. Even Inter­net — the world­wide net­work that grows like a dan­de­lion 365 days a year — is not a given in this small town, where the major indus­tries are fish­ing, tourism and surfing.

Mex­i­can surfers must get exas­per­ated with the waves of vis­i­tors surf­ing the main breaks on the town’s beach. But they are often gen­er­ous with advice on how to surf this beau­ti­ful area. Sure, they have secret breaks, but this place is par­adise for me — and lots of other North­west surfers. So, I dream of long lines, hear them break in my sleep and then wake up.

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I walk on hot sand, pad­dle into warm water and then bob up and down watch­ing those lines approach. Then I pad­dle and a wave picks me up. I stand for a few moments — the sound of rush­ing water, the speed of a turn, the sense of fly­ing fill my mind.

I’m a mediocre surfer, but every part of me sings in this place.

And I know how lucky I am.

Chester Allen

———————————————————————————————————————

for fur­ther infor­ma­tion about Sayulita please con­tact La Punta Realty — Christie’s Great Estates

http://www.lapuntarealty.com/villaamor/

Within Mex­ico

Tel: 01 (329) 291‑6420
Fax: 01 (329) 291‑6421

From US/Canada
Tel: 011 52 (329) 291‑6420
Von­nage: (213) 291‑7590

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Four Seasons Residence Club Punta Mita, Mexico Opens Phase II

PUNTA MITA, MEXICO — 01/15/09 –

Four Sea­sons Res­i­dence Club

Four Seasons Residence Club Punta Mita, Mexico Opens Phase IIFour Sea­sons Res­i­dence Club Punta Mita is pleased to announce the unveil­ing of Phase II — with 15 new frac­tional homes avail­able to own­ers on Jan­u­ary 15, 2009. Adja­cent to Four Sea­sons Resort Punta Mita, the Res­i­dence Club has gen­er­ated excite­ment and demand from the day it broke ground in June 2005. Four Sea­sons remains com­mit­ted to rais­ing the bar for lux­ury, ser­vice and ameni­ties at this pre­miere des­ti­na­tion, located in one of the most desir­able gated mas­ter planned res­i­den­tial devel­op­ments in North America.

We are so pleased that sales have con­tin­ued to remain con­stant with over 50 per cent of Phase II inven­tory hav­ing sold out in advance of the sched­uled open­ing in Jan­u­ary — quite a tes­ta­ment to the lure of Punta Mita and the magic that it inspires.” said Paul White, Vice Pres­i­dent Res­i­dence Clubs, Four Sea­sons Hotels and Resorts.

Demand for Four Sea­sons Res­i­dence Club con­tin­ues to grow as con­sumers seek value, a lower cost basis and a care­free way to own a fully fur­nished vaca­tion home in a service-rich envi­ron­ment. The suc­cess of Four Sea­sons Res­i­dence Club Punta Mita is fuelled by many addi­tional fac­tors, includ­ing the much-anticipated open­ing of a sec­ond Jack Nick­laus Sig­na­ture golf course and an expanded Kids for all Sea­sons pro­gram. Res­i­dence Club own­ers have full access to the acclaimed ser­vices and ameni­ties of the adja­cent Four Sea­sons Resort, includ­ing white sand beaches; sev­eral pools, mul­ti­ple restau­rants, the Resort’s Apuane Spa and fit­ness cen­tre, sep­a­rate facil­i­ties for chil­dren and teens to keep younger vaca­tion­ers busy — and of course, Jack Nick­laus Sig­na­ture golf. Fish­ing, water sports and whale watch­ing are among the many activ­i­ties avail­able at the Resort.

Sit­u­ated in an exclu­sive pri­vate enclave on the north­ern tip of Ban­deras Bay, Four Sea­sons Res­i­dence Club Punta Mita enjoys easy air access into nearby Puerto Val­larta. Cre­ated by renowned Mex­i­can archi­tect Diego Vil­lasenor, and rang­ing in size from 1,900 square feet to over 3,100 square feet, each of the two, three or four bed­room pent­house frac­tional homes include designer fin­ishes, lux­ury appoint­ments — with gourmet kitchens replete with Sub Zero and Wolf appli­ances, large ter­races with pri­vate plunge pools and out­door show­ers. All vil­las come equipped with 50-inch plasma screen TVs, Bose 3–2-1 Home The­atre sound sys­tems and a Sony PS3.

There are 15 vil­las being released in Phase II offer­ing a 1/12th frac­tional own­er­ship oppor­tu­ni­ties — for a total of only 180 frac­tions. Pric­ing starts from the low $200,000s USD. For more infor­ma­tion on Four Sea­sons Res­i­dence Club Punta Mita, click here. For more infor­ma­tion on Four Sea­sons Pri­vate Res­i­dences and Res­i­dence Clubs, click here.

To view the video asso­ci­ated with the release, please visit the fol­low­ing link: www.youtube.com/watch?v=UwslzEA8UEw

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Giants muscling into boutique hotel niche

Luxury boutique hotel on playa punta de mita

Lux­ury bou­tique hotel on playa punta de mita

By David Jones and Deena Beasley

 

LONDON/LOS ANGELES (Reuters) — It’s a trend pre-dating the global slow­down: big hotel chains are mov­ing into the quirky bou­tique sec­tor to tap into a niche of prof­itable growth. What’s not clear now is how many can succeed.

 

Hotel rev­enues have fallen sharply since last Octo­ber and shares in hotel groups in Europe fell by more than 30 per­cent in 2008 as investors antic­i­pated pres­sure on earn­ings this year.

 

Nonethe­less global giants from Inter­Con­ti­nen­tal — the world’s largest hotel group — to Mar­riott and Star­wood are launch­ing bou­tique brands in Europe, with oth­ers set to fol­low as they face the biggest indus­try down­turn in a generation.

 

Con­sult­ing firm Price­wa­ter­house­C­oop­ers in Decem­ber fore­cast U.S. demand for hotels in 2009 would fall by 2 per­cent which, when cou­pled with an increase in sup­ply, would reduce occu­pancy lev­els to 58.6 per­cent — their low­est since 1971.

 

Against that back­drop bou­tique hotels — indi­vid­ual and usu­ally lux­u­ri­ous out­lets — offer big chains a chance to boost one of the industry’s key mea­sures: rev­enue per avail­able room (RevPAR), which PwC saw slid­ing 5.8 per­cent in this year, after last year’s esti­mated 0.8 per­cent decline.

The U.S. mar­ket looks the most exposed, accord­ing to Natixis Secu­ri­ties in a Jan­u­ary 9 note. Britain, Spain and Italy look more vul­ner­a­ble in Europe than France and Germany.

Punta de Mita HotelPick­ing a brand name that empha­sizes the mood of the moment — Indigo — British-based Inter­Con­ti­nen­tal Hotels Group last month opened its first bou­tique brand out­side Amer­ica. The out­let near Padding­ton rail sta­tion in Lon­don brought its chain to 22, and it says it aims to reach 200 in four to five years.

We saw an oppor­tu­nity for a hotel with a bit of a dif­fer­ence, but the ben­e­fits of a big brand,” said John Wag­ner, in charge of the brand for Europe, the Mid­dle East and Africa.

Hote­liers enter­ing the bou­tique niche are bet­ting that trav­el­ers will seek bet­ter value as spend­ing is squeezed, rather than set­tle for the usual bor­ing “beige box” hotel room.

But as the big chains mus­cle in on ground hith­erto occu­pied by smaller inde­pen­dents, the bat­tle could be intense.

The lat­est data show in Novem­ber U.S. hotel occu­pancy fell 10.6 per­cent, while room rates dipped 2.5 per­cent: the declines for bou­tique hotels were 12 per­cent and 12.7 per­cent, accord­ing to Smith Travel Research, which tracks the industry.

Unfor­tu­nately, from where we are sit­ting right now the lux­ury sec­tor is get­ting hit harder than the aver­age hotel,” said Smith Travel ana­lyst Jan Freitag.


“Lux­ury hotels are hav­ing a harder time and bou­tique prop­er­ties are com­pet­ing at the lux­ury end,” Fre­itag said, not­ing that many bou­tique prop­er­ties are inde­pen­dently oper­ated and lack the mar­ket­ing mus­cle and frequent-stay pro­grams asso­ci­ated with chain-affiliated hotels.

0031CAR PARKS, CHOCOLATE

Bou­tique hotels first appeared in the 1980s in the United States, fol­lowed in Europe with, for exam­ple, a con­verted multi-storey car park in Paris and a chocolate-themed hotel on England’s south coast.

The Mama Shel­ter, a budget-priced designer hotel in Paris’s 20th arrondisse­ment, was the brain­child of Serge Trig­ano, the son of the founder of Club Med, while the Choco­late Bou­tique Hotel in Bournemouth offers tast­ings at a liq­uid choco­late foun­tain and week­end work­shops for hand-making Bel­gian truffles.

With rates nearer four-star than five-star, the new­com­ers’ hope is that nov­elty will replace glam­our and osten­ta­tion for those who man­age to defy cor­po­rate thrift and travel. The hope is that char­ac­ter will help carry their brands.

Signs the bou­tique seg­ment may be resilient in a down­turn came in early Jan­u­ary as British bou­tique hotel and prop­erty group MWB Group Plc said trad­ing in 2008 at its Mal­mai­son and Hotel du Vin chains had remained firm com­pared with 2007.

The two chains, total­ing 26 hotels, man­aged to hold their occu­pan­cies and room rates unchanged last year at 2007’s level of 79 per­cent and 115 pounds ($169) despite the slow­down, with con­sumers drawn to unusual loca­tions such as a con­verted prison in Oxford.

With rooms start­ing at around 160 pounds a night, InterContinental’s west Lon­don Indigo line aims to com­pete with four-star main­stream hotels, includ­ing its own Crowne Plaza.

The group, which oper­ates over 4,000 hotels world­wide under brands includ­ing the main­stream Hol­i­day Inn, launched Indigo in Atlanta in Octo­ber 2004, and said its new 64-room hotel in Lon­don was full over the Christ­mas period.

In the next cou­ple of years, we would hope to have signed up sites in other Euro­pean cities as well as more in Lon­don,” Wag­ner said.

008Mar­riott Inter­na­tional Inc has joined with U.S. style icon Ian Schrager, who pio­neered the bou­tique con­cept with his Mor­gans Hotel on Madi­son Avenue, New York, in 1984, to forge a bou­tique brand.

Schrager saw a mar­ket gap in an indus­try that had hith­erto largely ignored style and was focused on con­cepts it could quickly and cheaply repli­cate across hun­dred of outlets.

Marriott’s Edi­tion bou­tique hotel ven­ture with Schrager is set to open its first hotel in 2010 and then hopes to reach more than 100 out­lets, with projects includ­ing Wash­ing­ton, Chicago and Los Ange­les, and Paris and Madrid.

Sheraton-owner Star­wood Hotels & Resorts World­wide Inc was the first big oper­a­tor to launch a bou­tique chain with its “W” lux­ury hotel in New York 10 years ago: it now has 26 and plans to triple its num­ber of rooms by 2011 with a first Euro­pean hotel in Barcelona this year and two in Lon­don in 2010.

Hilton Hotels, taken over by pri­vate equity group Black­stone in 2007, hired two exec­u­tives from Starwood’s lux­ury and bou­tique hotels in 2008 — sug­gest­ing it may be eye­ing the sec­tor — while Global Hyatt Corp has launched a hand­ful of Andaz hotels and Ritz-Carlton its Reserve brand.

Hotel des Artistes

100 UNIQUE PRODUCTS

Ana­lyst Nigel Par­son at Evo­lu­tion Secu­ri­ties was among those see­ing cope for larger chains to sal­vage prof­itabil­ity in the smaller-scale upmar­ket offer­ing. Their mar­ket­ing mus­cle and economies of scale may help them beat smaller operations.

It’s use­ful for these big com­pa­nies to have a bou­tique prod­uct as part of their port­fo­lio to offer their cus­tomers,” he said.

But smaller bou­tique oper­a­tors are pre­dictably sniffy, espe­cially bear­ing in mind cur­rent cap­i­tal mar­ket constraints.

I don’t think you can be a bou­tique if you do 100 of any­thing,” said Michael Achen­baum, chief oper­at­ing offi­cer at Gan­sevoort Hotel Group, with loca­tions in New York, Miami and, in March, the Caribbean Turks & Caicos Islands.

The prob­lem for the big guys is you can’t roll out 100 unique products.”

http://www.reuters.com/article/smallBusinessNews/idUSTRE50D3FW20090114?feedType=RSS&feedName=smallBusinessNews&pageNumber=3&virtualBrandChannel=0

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$24 Billion Vacation Rental Market Will Grow

Casa AmoreThe rapidly evolv­ing vaca­tion rental mar­ket, accord­ing to new research by Pho­CusWright, will impact online agen­cies, hotels and online trav­el­ers. A new study to be released Jan­u­ary 15, the  “Vaca­tion Rental Mar­ket­place: Poised for Change,” says the vaca­tion rental mar­ket­place is gear­ing up to go after new busi­ness oppor­tu­ni­ties, at the expense of online agen­cies and hotels.

This very frag­mented fron­tier of lodg­ing is poised to be the next major online growth oppor­tu­nity,” the research firm says. “Hun­dreds of mil­lions in ven­ture cap­i­tal have flowed into the cat­e­gory in recent years, and new research from Pho­CusWright reveals why. Vaca­tion rentals rep­re­sent a rich land­scape of prop­erty man­age­ment com­pa­nies and indi­vid­ual home­own­ers with low online pen­e­tra­tion but plenty of ambi­tion. Say good­bye to one-week min­i­mum stays, hefty deposits and BYOB (“bring your own bed­sheets”). Today’s inno­v­a­tive vaca­tion rental play­ers, no longer con­tent with their $24 bil­lion mar­ket, are start­ing to think, mar­ket and dis­trib­ute like hotels. And sev­eral new tech­nolo­gies and online ser­vices have emerged to turn that ambi­tion into bona fide business.”

Pho­CusWright says its research presents the first com­pre­hen­sive siz­ing and analy­sis of the com­plex, frag­mented, often over­looked, and usu­ally under­es­ti­mated vaca­tion rental mar­ket. The new study deliv­ers sweep­ing analy­sis of the more than $24 bil­lion vaca­tion rental mar­ket. This soon-to-be-released report pro­vides detailed siz­ing and assess­ment of key vaca­tion rental cat­e­gories and book­ing chan­nels, and takes an in-depth look at the key play­ers who make the mar­ket: prop­erty man­age­ment com­pa­nies, vaca­tion home­own­ers, and vaca­tion rental guests (consumers).

The study notes that just 12 per­cent of vaca­tion rentals were booked online in 2007, but this will change sig­nif­i­cantly as vaca­tion rentals chal­lenge tra­di­tional hotels and resorts for the leisure con­sumer. “Online play­ers and vaca­tion rental man­age­ment com­pa­nies are invest­ing in online dis­tri­b­u­tion and tech­nol­ogy as the first step in the com­pe­ti­tion,” Pho­CusWright says.

Visit www.phocuswright.com.

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Mexico: The road to Punta el Custodio

It’s almost exactly 75 miles from the air­port in Puerto Val­larta to Punta el Cus­to­dio where Chris and Malin Fletcher have a spec­tac­u­lar Mex­i­can retreat called Casa Corona del Mar. But the drive is not easy. And you’d be crazy to attempt it at night.

At the end of 12 miles of unbro­ken white sand beach, and con­nected to the main­land by a nar­row strip of sand lies a 10 acre trop­i­cal island called La Isla Bonita. On its North­ern end the Cus­to­dio tidal estu­ary flows past and enters an Eco­log­i­cal Pre­serve of myr­iad chan­nels and tidal flats giv­ing unequaled pro­tec­tion to this pri­vate trop­i­cal par­adise of sway­ing palms and ocean breezes.

La Isla Bonita is call­ing out for an owner with vision and a sense of place, some­one to develop a pri­vate estate, or a small eco­tourism loca­tion. On the fol­low­ing pages are high­lighted the on-site attrib­utes and sur­round­ing attrac­tions that make this island truly “a place like no other.”

I could tell you about the nar­row two-lane road that winds through the jun­gle and how you’re likely to get stuck behind a slow bus headed towards Guadala­jara or an over-loaded truck haul­ing water­mel­ons or used tires, but I think it’s bet­ter to just quote from the dri­ving direc­tions Chris sent me:

Pass the Punta Mita turnoff with the ceme­tery on the right. Around Rin­con de Guayabitos you’ll see a tall water tower that looks like a fly­ing saucer. Past that is Las Varas. This is where every­one misses the turn-off, so STAY ALERT. Enter Zacualpan—lots of speed bumps. Turn left at the sign (there may or may not be a sign) for San Blas, just before the town plaza on the left and the church on the right. Two BIG speed bumps. Take care not to turn into Tur­tle Beach. Take the cob­bled road down into Pla­tan­i­tos and con­tinue straight past the thatched restau­rants on your right and up the rut­ted hill (beware of raised rocks and giant pot­holes). You will come to a brick com­pound wall and a gate with a sign that says RING BELL. WELCOME! You are at Punta El Custodio!”

Piece of cake. I only got lost four or five times. Once I missed the Y in the road just before the sleepy lit­tle vil­lage of Ixtapa and ended up on a dusty dirt road where sev­eral cows were tak­ing a nap. Later I missed the cob­bled road into Plan­tan­i­tos and con­tin­ued for half an hour along the road to San Blas. Easy mistakes.

But I finally found their com­pound, Casa Corona del Mar. And there was Chris, bare-chested, out on the patio, fil­let­ing a Span­ish mack­erel he’d caught that morn­ing (and that his cook and house­keeper, Marta, would shortly turn into ceviche for our lunch) while his son, Nick, took the dis­carded entrails and scraps and tossed them from the rocks above the coast high into the air where a squadron of acro­batic frigate birds snatched them up, tus­sled, and some­times dropped their pre­cious catch into the ocean, 30 feet below, where the pel­i­cans were lazily wait­ing for their own lunch.

It was like watch­ing an exotic cir­cus act.  But here the per­form­ers truly were wild.

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Casa Genoa — Luxury vacation rental villa at Real del Mar — North Shore Puerto Vallarta

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Nes­tled among the beau­ti­ful, lush gar­dens of Real del Mar, a lux­ury, gated com­mu­nity on over 75 acres with homes rang­ing in price from $4 Mil­lion to $15 Mil­lion USD is the sump­tu­ous villa Casa Genoa. Com­pleted in June 2008, and offer­ing the lat­est in lux­ury ameni­ties, it extends your accom­mo­da­tions to the inclu­sion in a pri­vate beach club with two clay ten­nis courts, a full-service spa and gym, and a pri­vate restau­rant and bar, all within a five-minute walk. Casa Genoa is the per­fect sit­u­a­tion for fam­i­lies and friends to expe­ri­ence togeth­er­ness as well as pri­vacy in one villa. Gen­er­ously placed air con­di­tion­ing, top of the line appli­ances, sweep­ing vis­tas of the entire bay, next to the pri­vate gate afford­ing access to the beach, sec­ond level glass enclosed infin­ity swim­ming pool are but a few of the ameni­ties you will find at Casa Genoa

Open-air archi­tec­ture means lofty din­ing and liv­ing areas that flow into each other and include you in the envi­ron­ment. Design is con­tem­po­rary Mex­i­can, with thought­ful use of indige­nous woods, palapa thatch, tile, mar­ble, inlaid stone dec­o­ra­tion and plenty of atten­tion to detail-all to the high­est qual­ity stan­dards and out­stand­ing use of mate­ri­als. Perch above the panoramic vis­tas and watch the sparkling water cas­cade into infin­ity and into the beyond from your pri­vate pool. Relax and gaze at the tran­quil hori­zon of Ban­deras Bay (the largest bay in North Amer­ica on which sits Puerto Vallarta).

Casa Genoa is also one of the very few vil­las that has a 46 foot Bertrum that can accom­mo­date 10 peo­ple. This ves­sel is per­fect for your pur­suit of tro­phy, world class fish­ing, scuba div­ing and snor­kel­ing, or just plea­sure cruis­ing. Casa Genoa

 015004019026041

 

Fea­tures:

Brand New Estate
Beachfront/Oceanfront
Ulti­mate in Pri­vacy
Four Bed­rooms (sleeps 10)
Four Bath­rooms
Swim­ming Pool with Water­fall
Fish/Turtle Pond
Wire­less Inter­net
8 Per­son Golf Cart
Stereo/TV/DVD Through­out
Maid Ser­vice
REAL DEL MAR

Real del Mar is a very exclu­sive lux­u­ri­ous res­i­den­tial com­mu­nity unique in its class in the Ban­deras Bay. Located on the shores of the beau­ti­ful and select beach of Piedra Blanca, this devel­op­ment is a per­fect refuge for all senses offer­ing a seduc­tive essence of life with exclu­sive har­mony and tran­quil­ity right on the beach. This low den­sity project amidst streets, foot ways and traf­fic cir­cles made out of quarry, gran­ite and mar­ble. Located in the north­ern part of the Ban­deras Bay close to Punta de Mita and next to the brand new, world class marina in La Cruz de Hua­nacax­tle, about 20 min­utes from the inter­na­tional air­port of Puerto Vallarta.

Resort Fea­tures:

Hot tub
Pri­vate beaches
3 Ocean­front Swim­ming pools
2 lighted clay ten­nis courts
Full ser­vice spa
Full Gym
Lux­ury Indoor/Outdoor Poolside/Beachfront Restau­rant
Pool­side Indoor/Outdoor bar with T.V. and Stereo
Walk­ing Trails
24 Hour Secu­rity
On Site Concierge
Wire­less Inter­net
Kids Club

 0170021018003013

US Si” — 46′ BERTRAM

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Con­tact: La Punta Realty for more infor­ma­tion
http://www.lapuntarealty.com/casagenoa/
 

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Icon Mini Cooper

MINI Cooper
On Decem­ber 10, in an ambi­ence of cel­e­bra­tion and celebri­ties, Icon Val­larta offi­cially unveiled the Icon Mini Cooper, a cus­tom design that is the per­fect com­ple­ment to the Icon Val­larta lifestyle. As part of the suc­cess­ful sell-out of Icon Val­larta, our remain­ing proud own­ers and res­i­dents will not only live in par­adise, but they will also expe­ri­ence the magic of the pic­turesque streets of Puerto Val­larta while dri­ving a cus­tomized Mini Cooper. This unique vehi­cle is avail­able exclu­sively to Icon Val­larta prop­erty own­ers.
Dis­cover the Live and Drive Icon Expe­ri­ence today! Visit our sales pavil­ion to see the cus­tomized Icon Mini Cooper or call us to sched­ule your pri­vate view­ing. Please con­tact us at 011 52 (322) 223‑4801 in US or 01 (329) 291‑6420 in the Mex­ico or visit www.iconvallartacondos.com.

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Bargains Galore!–25% Discount on Everything in Puerto Vallarta, Mexico

Jan 03 2009 Published by admin under 12 - Travel News, 13 - Financial News

Bargains GaloreWell, it appears as though the effects of the mort­gage cri­sis in the US which began in March, 2008 fol­lowed by the col­lapse of the stock mar­ket in Octo­ber, 2008 are finally being felt in Puerto Val­larta. Thanks to the strong Cana­dian Dol­lar, tourist expen­di­tures in Val­larta for goods and ser­vices, includ­ing retire­ment real estate, held up fairly well for most of 2008. How­ever, dur­ing the September/October time­frame, the Cana­dian Dol­lar plunged by more than 20%, thus reduc­ing the Cana­dian pur­chas­ing power accord­ingly. Con­se­quently, both the Amer­i­cans and Cana­di­ans are now hes­i­tant to aggres­sively invest in any­thing, espe­cially for­eign retire­ment properties.

The air­planes and cruise boats packed with tourists con­tinue to arrive daily in PV; how­ever the vis­i­tors are much more thrifty and pru­dent with their pur­chases than they were a year ago. Many of the restau­ra­teurs and shop own­ers are claim­ing that sales are down from last year by as much as 35%. The con­struc­tion of new con­do­minium projects has also notice­ably decreased as new sales slow to a trickle.

Bargains GaloreDur­ing the past ten years, Val­larta has lit­er­ally been a boom town with explo­sive growth and new con­struc­tion every­where. Obvi­ously, many of the devel­op­ers and entre­pre­neurs failed to see the oncom­ing global finan­cial cri­sis and com­mit­ted to many long term con­struc­tion projects result­ing in a glut of more than 7,000 new con­do­mini­ums now on the market.

Finally, with the sup­ply of goods and ser­vices, includ­ing retire­ment prop­er­ties, cur­rently exceed­ing demand, we are now wit­ness­ing a true buyer’s mar­ket in Val­larta. Even though list prices for real estate have not dropped notice­ably, the devel­op­ers and sell­ers are much more apt to nego­ti­ate than they were a year ago. The same is true for store mer­chants and other ven­dors in the area.

Okay, now that we have a bet­ter under­stand­ing of how the econ­omy in the US and Canada have affected busi­ness in Val­larta, we should have a bet­ter appre­ci­a­tion for the North Amer­i­can bar­gain­ing posi­tion in this beau­ti­ful resort des­ti­na­tion. There­fore, let’s take it a step fur­ther. With the excep­tion of real estate, most all other goods and ser­vices in Puerto Val­larta are sold on a Peso basis and there­fore we must con­sider the mon­e­tary exchange rate.

Bargains Galore

The Mex­i­can Peso has held steady with the US Dol­lar for more than ten years at about 10.8 Pesos per US Dol­lar. It wasn’t until early in Octo­ber, 2008 when the Peso pre­cip­i­tously deval­ued to about 13.5 Pesos per Dol­lar result­ing in a 25% increase in the value or pur­chas­ing power of the US Dol­lar rel­a­tive to the Mex­i­can Peso.  

For those of us for­tu­nate enough to still be hold­ing a few US Dol­lars, almost all goods and ser­vices in Mex­ico just went on sale! For exam­ple, we recently pur­chased a high-end brand name washer/dryer set, nor­mally priced at $1,300 US, for $1,015 US. Most all gro­cery and food prod­ucts, cloth­ing, hard­ware, and elec­tron­ics man­u­fac­tured in Mex­ico, gaso­line, elec­tric­ity, and other native com­modi­ties are also 25% less expen­sive to those of us hold­ing US Dollars.

Bargains GaloreThrough infla­tion over time, the costs of these Mex­i­can prod­ucts will even­tu­ally rise until they return to where they were only a few months ago. The one cat­e­gory where costs will rise much more slowly is that of labor. Almost every worker in Mex­ico just took a 25% reduc­tion in wages rel­a­tive to the US Dol­lar! That includes all maids, gar­den­ers, restau­rant and store employ­ees, taxi dri­vers, doc­tors, archi­tects, engi­neers, etc. It will prob­a­bly require sev­eral years for the Mex­i­can labor rates to be equiv­a­lent to where they were only six months ago.

One very impor­tant labor group is that of the con­struc­tion work­ers which rep­re­sents a sig­nif­i­cant por­tion of the total cost of retire­ment res­i­dences, all priced in US Dol­lars. Add their 25% cut in pay to the cost of Mex­i­can con­crete and other native mate­ri­als which also dropped by 25% and you can imag­ine how that will affect the com­ple­tion costs of the thou­sands of con­dos cur­rently under construction!

Now, with the demand for goods and ser­vices reduced rel­a­tive to their sup­ply and the US Dol­lar being 25% stronger, you can see the ben­e­fit of shop­ping in Par­adise at this very moment; the time for buy­ing your retire­ment dream could never be bet­ter!
As Billy Mays, the famous TV pitch­man would say, “But wait, there’s more”! Yes, aside from the 25% sav­ings asso­ci­ated with the Peso deval­u­a­tion and an increase in will­ing­ness of the local ven­dors to nego­ti­ate lower prices (caused by the reduc­tion in tourist con­sump­tion brought on by the uncer­tain US econ­omy and the deval­u­a­tion of the Cana­dian Dol­lar), effec­tive in June, 2008, you now receive a rebate for the 15% IVA tax that you pay on many of your pur­chases while vis­it­ing Mexico.

Bargains GaloreThe 15% IVA or Value Added Tax (VAT) is returned to for­eign tourists who can prove they have spent a min­i­mum of 1,200 Pesos (approx­i­mately $90 US Dol­lars) on Mex­i­can ter­ri­tory and who are return­ing home by sea or air. Tourists now have the right to receive up to 50% of the net rebate, an amount not to exceed 10,000 Pesos (approx­i­mately $750.00 US Dol­lars), in the form of cash; the remain­ing 50% will be refunded via elec­tronic funds trans­fer within a period of 40 days.

In con­clu­sion, after being exposed to the past six months of eco­nomic frus­tra­tions, you deserve to escape from the pre­vail­ing gloom and doom. If you have ever con­sid­ered trav­el­ing to or retir­ing in Par­adise, now is the time and Puerto Val­larta is the place! You will find many great val­ues on every­thing this sea­son; val­ues that have not been seen for almost a decade and may not be avail­able again in the near future. As Billy would say, “Why wait, pick up the phone” and call your travel agent. The weather is guar­an­teed to be per­fect dur­ing the months of Novem­ber through May, the scenery of the Pacific Ocean, the sandy white beaches, and the Sierra Madres is world class, the mar­gar­i­tas are ice cold, and the Mex­i­can hos­pi­tal­ity is sec­ond to none. So, come on down; you’ll find bar­gains galore while enjoy­ing the time of your life on the Mex­i­can Riviera! 

http://www.pvmirror.com/realestate/212/bargainsgalore.html

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Real Estate Tax in Mexico

Jan 03 2009 Published by admin under 03 - Real Estate News, 13 - Financial News

 

Real Estate Tax in MexicoTaxes are usu­ally paid in cash and all peo­ple are oblig­ated, as pro­vided by law, to pay them to the Mex­i­can gov­ern­ment. The Con­sti­tu­tion estab­lishes the rights and oblig­a­tions of all cit­i­zens and one of these oblig­a­tions is pre­cisely the pay­ment of taxes. 

Taxes are one of the prin­ci­pal ways by which the gov­ern­ment earns rev­enue to cover the needs of soci­ety, such as pro­vid­ing a judi­cial sys­tem, pub­lic safety, edu­ca­tion, infra­struc­ture (hos­pi­tals, streets, roads, pub­lic build­ings, etc.) and welfare.

In recent years, Mex­ico has reformed its tax laws due to glob­al­iza­tion and inter­na­tional trade, how­ever real estate tax has not under­gone major changes because these assets are not sub­ject to inter­na­tional trade and can not be trans­ported from one place to another, in light of this, the tax bur­den for buy­ing and sell­ing real estate remains basi­cally the same as it has been for many years.
 
The Mex­i­can Gov­ern­ment con­sists of three lev­els; fed­eral, state and munic­i­pal, peo­ple must pay taxes on all three lev­els when buy­ing and sell­ing real estate. Hav­ing briefly explained why we pay taxes, we will now detail each of the taxes that are due when pur­chas­ing real estate.

 

TAXES ON THE PURCHASE OF PROPERTY

In Mex­ico, the for­mal­iza­tion of the sale of any piece of real estate will cause fed­eral, state and munic­i­pal taxes, which must be paid by the seller or buyer depend­ing on the tax we are talk­ing about. 
 
At the moment we buy prop­erty, we are oblig­ated to pay var­i­ous taxes:

Fed­eral: 

Income Tax for acqui­si­tion of prop­erty. It is gen­er­ated by the increase to a per­sons wealth and it is caused when we pur­chase an asset at a lower price than an offi­cial appraisal sets for that asset, pro­vided that the dif­fer­ence is greater than 10%, in this case we have to pay income tax on a rate of 20% cal­cu­lated on the dif­fer­ence.
 
Value Added Tax, VAT. A so called indi­rect tax due to the fact that it is not the gov­ern­ment that col­lects it but rather the per­son sell­ing the piece of real prop­erty. It is only caused in non hous­ing prop­erty and has a rate of 15% of said con­struc­tions. Con­struc­tions and land on hous­ing prop­er­ties are exempt of this tax.
 
Rights. Rights are taxes that are caused in the 3 lev­els of gov­ern­ment already men­tioned. They must be paid in exchange for the ser­vices pro­vided by every level of gov­ern­ment. For example:

  • Fed­eral - The license granted by the For­eign Sec­re­tary for an alien to acquire prop­erty in Mex­i­can soil.
  • State - Reg­is­tra­tion of title.
  • Munic­i­pal - Issu­ing a cer­tifi­cate of good standing.

State (State of Jalisco): 

- Busi­ness and Legal Instru­ments Tax. This tax is reg­u­lated by the Law of Finance of the State of Jalisco and the Rev­enue Act of the State of Jalisco, stip­u­lat­ing a charge in 2008 for the trans­fer of prop­erty for the amount of $ 100.00 (one hun­dred pesos).

It is worth men­tion­ing that this tax is caused by a vari­ety of acts and con­tracts, not­ing a per­cent­age accord­ing to the type of act or con­tract of no less than 0.5% and no higher than 1.0% of the value recorded in the act or contract.

Real Estate Tax in MexicoMunic­i­pal: 

Asset trans­fer Tax. (ITP) (also known as Acqui­si­tion of Build­ings Tax, ISAI), is caused by the trans­fer of own­er­ship of prop­erty, that is, the buyer of a prop­erty must pay this tax when chang­ing the record of own­er­ship before the munic­i­pal­ity. This tax is reg­u­lated by the Munic­i­pal Finance Law of the State of Jalisco as well as by the Munic­i­pal Income Law in which the prop­erty is located, this cal­cu­la­tion is car­ried out accord­ing to a rate applied to the value of the appraised prop­erty, said appraisal must be approved by the munic­i­pal coun­cil, the high­est rate in each munic­i­pal­ity of Jalisco is cur­rently 2.5%.

 

TAXES ON THE SALE OF PROPERTY

Hav­ing stated the taxes caused when acquir­ing a piece of real prop­erty, we will now men­tion those caused when selling.

The only tax a seller is sub­ject to is income tax. This tax is caused in view of an increase in wealth of the seller when the home was sold at a greater price than it was pur­chased expressed in Mex­i­can pesos, infla­tion rates are applied to all amounts in order to be coher­ent. To said profit, the rate estab­lished by law will be applied. The fol­low­ing deduc­tions are authorized

• The updated orig­i­nal cost of acqui­si­tion of the prop­erty. 
• The updated amount of invest­ment in con­struc­tion, improve­ments and exten­sions. 
• Notary fees, taxes and rights paid in the acqui­si­tion and sale. 
• Pay­ments for appraisals. 
• Com­mis­sions and medi­a­tions paid by the seller in con­nec­tion with the sale.

How­ever, there are cases where the per­son who has sold his res­i­dence lives abroad, mean­ing that per­son has no per­ma­nent res­i­dence in Mex­ico. This cre­ates dif­fer­ent sce­nar­ios, for example:

• Income deriv­ing from the sale of real estate found in Mex­ico is con­sid­ered income to have orig­i­nated in Mex­ico regard­less of the place of residence.

• A rate of 25% is applied with no pos­si­ble deductions.

• When sell­ing real estate through a proxy in Mex­ico, the seller can apply a max­i­mum rate of 28% if and when the sale is doc­u­mented through a pub­lic instrument. 

• The gain will be deter­mined by sub­tract­ing from the total income of the sale apply­ing the same deduc­tions men­tioned above.

• For this pur­pose, the rep­re­sen­ta­tive shall inform the Notary of any cor­re­spond­ing deductions.

• In this case the Notary must cal­cu­late the cor­re­spond­ing tax and report it to the authorities.

Real Estate Tax in MexicoExcep­tions to income tax: Under the fed­eral income tax law, indi­vid­u­als who sell their place of res­i­dence are exempt from pay­ing this tax; such exemp­tion applies only if the pur­chase price is not higher than 1,500,000 UDIS (invest­ment units), which cur­rently is equiv­a­lent to approx­i­mately 6,260,000 Mex­i­can pesos. If the pur­chase price is higher, seller must pay income tax on the excess, with cer­tain deduc­tions. If the seller is a for­eigner, in cer­tain cases this exemp­tion applies. This must be con­sulted with a tax expert and dis­cussed with the Notary Pub­lic involved.

Finally we would like to point out that you need not worry over tax bur­dens con­cern­ing real estate trans­ac­tions. Notary Public’s are legal experts with broad knowl­edge of both the law and tax issues. They will advise you on what taxes must be paid and it will be the Notary who actu­ally reports the tax to the author­i­ties; how­ever, as expressed above, in cer­tain cases an inde­pen­dent tax con­sul­tant should involved. 

Rob­les, Lazo y Gal­lardo — Law Firm 
E-mail: jgallardo@rlg.com.mx

http://www.pvmirror.com/realestate/212/taxinmexico.html

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Travelers will be getting lots of deals in 2009

cancun-topper.jpg

Wallet-watching trav­el­ers will be tak­ing fewer trips, wait­ing longer to book them in hopes of a deal and down­scal­ing vacations.

Las Vegas will remain a big draw, and Mex­ico will be hot­ter than a chili pepper.

That’s the out­look for 2009, accord­ing to travel ana­lysts and providers and a sur­vey of 547 agents, man­agers and agency own­ers with Travel Lead­ers (for­merly Carl­son Wag­onlit Travel Asso­ciates), out today.

Vegas is the No. 1 U.S. des­ti­na­tion Amer­i­cans are book­ing (as it was last year), the sur­vey says, fol­lowed by Orlando. Per­haps fueled by Obama fever, the Abra­ham Lin­coln bicen­ten­nial and a Harry Pot­ter exhibit at the Museum of Sci­ence and Indus­try, Chicago (No. 10) is more of a tourists’ kind of town. It moved into the top 10 “for the first time in years,” says Travel Lead­ers spokesman Steve Loucks.

Inter­na­tion­ally, Caribbean cruises rule yet again, but dollar-stretching Mex­ico has five des­ti­na­tions in the top 10: Can­cun, No. 2; Riv­iera Maya, No. 3; Puerto Val­larta, No. 4; Cabo San Lucas/Los Cabos, No. 9; and Mex­i­can cruises (tied for No. 10). Addi­tion­ally, some Caribbean cruises call at Mex­i­can ports.

You’ve got so many” new resorts in Mex­ico, and there are some excep­tional val­ues, Loucks says. He also cites increased inter­est in China, Mediter­ranean cruis­ing and Euro­pean river cruises.

At Apple Vaca­tions, famed for value get­aways in the Caribbean and else­where, Mex­ico remains pop­u­lar. Huat­ulco on the Pacific Coast is an up-and-coming des­ti­na­tion, with lots of new hotel rooms, says Apple mar­ket­ing vice pres­i­dent Sandy Babin.

Jamaica is “get­ting a lot of renewed atten­tion, most likely because of all the new hotels crop­ping up,” she says. Well-regarded all-inclusive brands with a pres­ence in Mex­ico and the Domini­can Repub­lic (such as Riu and Iberostar) have new Jamaican prop­er­ties and offer rates as low as $1,000 a per­son a week, includ­ing air­fare and all you can eat and drink.

Mean­while, well-heeled trav­el­ers are “tak­ing a step back” and down­grad­ing, says Roland Largay, chair­man of South­bury, Conn.-based Largay Travel, who recently was named agent of the year by Travel Agent mag­a­zine.

The peo­ple who were going to South Amer­ica are going to the Caribbean now,” he says. “Can­cun has been sell­ing well, and instead of Crys­tal Cruises, it’s Hol­land America.”

Rudi Steele of Rudi Steele Travel in Dal­las, another high-end agency, main­tains that the rich “are still going.” His clients are look­ing to “take a break from the con­stant doom and gloom” and book­ing Eng­land more now that the dol­lar is bet­ter vs. the pound, as well as Morocco and South Amer­ica (Patag­o­nia, Buenos Aires and São Paulo are among in-demand destinations).

Just try to get a seat on a (Dal­las) non-stop to Buenos Aires, San­ti­ago or São Paulo,” he says. “They’re packed.”

Other find­ings in the Travel Lead­ers 2009 trends survey:

•90.5% say cus­tomers are cut­ting back on travel com­pared with the same period last year.

•57.4% say clients are cut­ting back on the length of their trips.

•31.5% say air­fares on 2009 cor­po­rate book­ings are equal to or lower than those in 2008.

•81.6% say clients are trad­ing down when it comes to hotels.

•84.3% rec­om­mend Mex­ico as the best value out­side the USA, fol­lowed by cruises (61.1%) and the Caribbean (43.9%). Agents were asked to pick up to three places.

•Despite the rise of the dol­lar against the euro and pound, 77% say book­ings to Europe are even or down for 2009.

•71% say trav­el­ers are sav­ing money by stay­ing at all-inclusive resorts; 75.7% say vaca­tion­ers are being more flex­i­ble with travel dates to get bet­ter prices.

If you are flex­i­ble in your travel plans, there are going to be more soft spots (in hotel rates) every­where,” says Robert Man­del­baum, direc­tor of research infor­ma­tion ser­vices at PKF Hospi– tal­ity Research. He says con­sumers will have more luck this year nego­ti­at­ing bet­ter rates and extras at hurt­ing hotels. “It pays to ask,” he says.

When it comes to flights, Tom Par­sons, chief of Bestfares.com, says air­fares to Europe and else­where are com­ing down, and so are fuel surcharges.

He also advises keep­ing an open mind when decid­ing where to go and look­ing for good hotel/air pack­ages, which can save a lot of money.

2009 “is going to be a trav­el­ers’ mar­ket,” he predicts.

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Six days of fishing at Punta de Mita, Mexico

Jan 03 2009 Published by admin under 10 - Culture and Leisure

Just got back from my one week vaca­tion to Punta Mita and had a total blast . Ate like kings , fished 6 straight days and enjoyed all mex­ico has to offer.   

Quick Thanks and shout out to Hec­tor at Margarita’s for serv­ing us some of the the best local seafood din­ner one could ever ask for.….and man i love that drink “narinhara’s” holy shit they are good.

Sec­ond thanks goes out to Lorra the led­gend of PV and all his efforts to catch us fish dur­ing a tough week.


Day one :

Arrive in Pv at 1 pm and head straight to MEGA for Munchies , man was that place busy on Dec 24th.…really cool to shop there at that time of year as they had all kinds of local dishes for teh hol­i­day ready. Got to Punta mita to our Condo at El Anclote, and sat on the bal­cony chill­ing till din­ner time at Hec­tors ” Margarita’s where i had 2 kilos of Lan­gosta for din­ner washed down with some local drinks.….…“Oh what a Night ” as the song goes.

Day Two : 

Lorra calls and says lets go christ­mas rooster fish­ing .….…Ok !

Off we went to a tight spot anlong a huge moun­tain face to drift baits for roost­ers. the first hook up went to my wife can­dice to made short work of teh biggest rooster fish to date in PV at around 30 pounds. Next drift i hook up but the fish is fight­ing really weird ? at deep color lorra looks downa nd screams “Pom­pano…” and up comes my first ever African Pom­pano at around 25 pounds. In the box the fish went for din­ner and the baits went back in. Shortly after i am on again and this time i see dark color after a long fight, and again lorra looks over and scream ” lep­ord grouper” and up come a killer 20 pound grouper which i have never caught before. In the box went the grouper and out went the baits again. We hooked another larger grouper only to loose it right at gaff after the line parted ( we were using 40 # line around rocks). After that we decided to call it a day and head in to punta mita happy. On the way we saw the first of hun­dreds of whales breach­ing and Jump­ing along the beach.….…which was a cool added bonus to fish­ing that day. Hit the show­ers and then to Margarita’s for coconut Fried Grouper for dinner !

Day Three :

My buddy glen had flown in to fish, and we headed off­shore with Lorra’s brother to the Rock for a day of tunas and snap­pers. Long story short ‚fish­ing was awe­ful and very slow as we hooked and lost two snap­pers and hooked two tunas and caught one 80 pounder for the whole day .Even mak­ing bait was hard that day which was a bad omen. Got back to Punta Mita around 5 PM and show­ered up for the trip to Hec­tors for Fresh sashimi and ceviche.….holy shit that was good !

Day Four:

We had booked the TOPGUN for a all day trip to El Banco. Got to the bank early and trolled up some baits and got the Kite fly­ing. Fish was again very slow for us and we were able to hook two tunas and land one 70 pounder for the whole day ? Marla and Paci­fico seemed to be hooked up all day ? Not sure what hap­pened there , but we had shit for luck that day not to men­tion tackle fail­ure which cost me a huge Yel­lowfin on the kite. I think the biggest issue was the cap­tain we booked , stuck us with his mate and another deck hand because he couldnt come ? and i think that cost us a bit as Juan Moll is one of the best down there. We paid for Juan and got sen­ate’ .….…..My guess is we would have done bet­ter had Juan shown up .…..but thats another story.

Day Five:

We opted to fish inshore as the off­shore just wasnt hap­pen­ing and it was rough ! we headed out to some islands 8 miles off Punta mita and drift fished for roost­ers . The first bite was a Yel­lowfin tuna of all things , in 40 ft of water right next to the island. The next fish .…another 30 pound yel­lowfin ? so then i hook up and i have a beast . The fish ran 400 yards off my stella in one run, so wwe had to chase it down just to save the fish. This hap­pened 5 times till we could get him straight up and down after 1 hour. Finally we had deep color and lorra scream ” rooster ” ” Fuck .…big rooster” , sev­eral tense moments later and the fish was at the boat side dead. The fish had swal­lowed the bait and got the cir­cle hook in the throat and died, which was a total bum­mer as i had no inten­tion in killing any rooster , let alone this mon­ster . Lorra said it was one of the largest Rooster he had ever caught and est. it to be well over the 61 pounder he caught recently. We guessed the weight of the fish at 75 pounds , but with no scales at the dock we will never really know. I did mea­sure the fish for a mount and the length was 5 feet 5 inches long .….…..and at 8 bucks a inch that will be some kind of mount in my office next to my 111# pound wahoo ! We ended up catch­ing one more 35 pound roost­er­fish for my buddy Harry and called it a day , and once again ate at Hectors.

Day Six:

Opted inshore again .….this time fished way north past Punta Mita. Long story short .….fish­ing sucked and we caught abso­lutly noth­ing but 4 jacks and 2 huge 5 ft needle­fish on the popper. 

Then we decided to go to salulita for a short trip to get out of mita for one night . Had a blast shop­ping , and ate at calipso which was really good. Took lots of pho­tos of this drucken hip­pie town and plan to vist here again as it was lots of fun.

 

Day Seven :   

Our last day of fish­ing, and man it was good. Lorra took us early to teh ElBanco and it was finally on for us. The tunas ate every­thing that day from Pop­ers to kites it was on every time we put a bait in . Fin­ished the day with 12 tunas to 70 pounds with sevral taken on spin tackle and pop­pers which was a blast . had a est. 700 pound black mar­lin come righht to the boat try­ing to eat one of the tunas off the poer which was a freakin cool sight to see. We actu­ally saw sevral mar­lin free jump ate the bank , which makes me wish we had trolled some plas­tics , but thats for next time down.

The trip was such a nice break from work that i really didnt care that fish­ing was slow.……but it was very slow. Despite the slow fish­ing we still all landed per­sonal bests and caught fish we had never caught .……and thank god for teh last day of tuna fish­ing. I will never book on a no moon phase again as i think it killed the bite . I plan to c=go back twice thsi years so hope­fully fish­ing will be bet­ter next time around.…as i am still look­ing for a cow !

Pic­tures to fol­low , i took 700 .…..

http://www.bloodydecks.com/forums/mainland-mexico-fishing-reports-discussion/130095-pv-fishing-report-dec-24th-dec-31st.html

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SkyMed air ambulance service safely takes you home in Yuma County

Jan 03 2009 Published by admin under 12 - Travel News

kcx04h-skymedaguedawebIn a med­ical emer­gency, being able to travel within and out­side of the coun­try with secu­rity and peace of mind is some­thing every­one wants for their fam­ily.
  That is pre­cisely what Agueda Pala­cios offers her cus­tomers when they become mem­bers of SkyMed.

  “SkyMed is an air ambu­lance ser­vice,” said Pala­cios, SkyMed rep­re­sen­ta­tive. “It’s a med­ical res­cue trans­porta­tion by air and ground.”

  For more than 20 years, SkyMed Inter­na­tional Inc. has been pro­vid­ing air med­ical ser­vice to 31 coun­tries — includ­ing the United States, Canada and Mex­ico — led by Will Klein, pres­i­dent and CEO.

  In Sep­tem­ber, Pala­cios became the offi­cial local rep­re­sen­ta­tive for the ser­vice that cov­ers Well­ton, Yuma and El Cen­tro. She also cov­ers Mexico’s Puerto Penasco and is work­ing to include Cabo San Lucas and Puerto Vallarta.

  “Although the inten­tion is to enter the Latino mar­ket,” she said, “two agents from Florida will come to Yuma now to cover the win­ter vis­i­tors, but I can help them, too.”

  SkyMed offers a ser­vice for those who travel in and out of the coun­try. If mem­bers of SkyMed suf­fers an ill­ness or acci­dent and do not want to be treated where they are, they can con­tact SkyMed and a med­ically equipped air­craft with trained per­son­nel will be sent to pick them up and trans­port to the loca­tion where they want to be treated, Pala­cios explained.

  If the patient decides to stay where they are, SkyMed con­tacts the hospital’s med­ical staff and makes the appro­pri­ate arrange­ments, she added.

  “This works in sev­eral ways, or the patient is trans­ported from hos­pi­tal to hos­pi­tal or directly to their home, depend­ing on the patient’s requests,” said Pala­cios. If the patient is accom­pa­nied by a fam­ily mem­ber, that per­son is also transported.

  “Dur­ing my train­ing, I real­ized how impor­tant this ser­vice is and how lit­tle peo­ple know about it,” she said.

  Pala­cios said peo­ple have reported that SkyMed has saved them thou­sands of dol­lars. While many may think the ser­vice is a costly lux­ury, but it’s not, she said.

 SkyMed offers two types of ser­vice plans: yearly and five years. “Peo­ple only pay a sin­gle annual charge, and we have two options that are indi­vid­ual or a fam­ily plan.”

  With that sin­gle pay­ment, the per­son or fam­ily has secured their trans­fer either by air or by land to where they desire. In addi­tion, they will be under the care of med­ical staff dur­ing the flight who are in con­stant con­tact with the hos­pi­tal where the patient is going for admission.

  “To have this ser­vice is to have peace of mind,” said Pala­cios.
 SkyMed offers:

  •  Air trans­port for med­ical emer­gen­cies, includ­ing hospital-to-hospital service.

  • Escort med­ical staff if you are trav­el­ing on a com­mer­cial airline.

  • Return of under­age chil­dren or grand­chil­dren (19 years or up to 23 if they are in college).

  •  Return of your vehi­cle to your home.

  • Trans­porta­tion for com­pan­ions. They pay the return flight for who­ever accom­pa­nied the patient on the trip.

  • Trans­porta­tion of loved ones’ remains to the person’s place of origin.

 “Quite sim­ply, SkyMed keeps you pre­pared for the unex­pected,” said Pala­cios. “Most times we do not real­ize that we may need this ser­vice when we go on sum­mer vaca­tions or Christ­mas hol­i­day, when we travel abroad to visit relatives.

  “There is noth­ing like trav­el­ing or vaca­tion­ing safely, and SkyMed pro­vides the peace of mind that you need.”

  SkyMed requires a sin­gle annual pay­ment to buy the mem­ber­ship. The fam­ily plan costs $420, and $240 for an indi­vid­ual plan. Depend­ing on the options cho­sen, SkyMed brings back the client’s car, pets and belongings.

  “Our ser­vices are guar­an­teed,” she said. And a refund is offered if in 30 days you decide that it’s not what you want.

  For more infor­ma­tion , call Pala­cios directly at 246‑2684, or 1–800-475‑9633.

http://www.yumasun.com/articles/service_46857___article.html/air_skymed.html

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American Airlines’ sale on Mexico fares

Jan 03 2009 Published by admin under 12 - Travel News

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We were think­ing about head­ing to Cabo San Lucas, Mex­ico, in Feb­ru­ary — weather-wise, it’s a great time to be there, plus it hap­pens to be when a rel­a­tive has a time share avail­able for us to use. But we just returned from Costa Rica and don’t feel we can afford another splash-out for inter­na­tional flights so soon.

But Amer­i­can Air­lines is try­ing to con­vince us oth­er­wise, it seems….

Deal: With its cur­rent Mex­ico sale, you can fetch a mid­week flight to Los Cabos (SJD) from LAX for $92 one-way, pre-tax, per per­son. After taxes and fees, that price is bumped up to $280 round-trip per per­son, but that’s still bet­ter than other air­lines are offer­ing for that time period.

Other one-way, pre-tax trips to Mex­ico from LAX included under this deal start at $120 to Puerto Val­larta (PRV) and $145 to Can­cun (CUN).

When: Book by 9:59 p.m. Pacific time on Jan. 5 for travel com­menc­ing by Feb. 26. You must return by March 2.

Note: The sale fares will be found for travel on Mon­day through Thurs­day only. For Aca­pulco (ACA), you’ll need to travel on Mon­day, Wednes­day or Thurs­day for the dis­counted rates.

http://travel.latimes.com/daily-deal-blog/index.php/american-airlines-sa-3714/

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