New Development on the East Cape

The East Cape, located east of San Jose del Cabo in the popular Los Cabos area, is getting a new marina along with several new housing developments. The whole project will offer more than 400 marina channel lots. It will be the first marina on the eastern side of the cape.

To read the article visit: Cabo Riviera Marina

Guess who is coming to San Miguel de Allende?

The quaint town of San Miguel de Allende is getting a luxury resort in 2009. Rosewood Hotels, creator of the fabulous Rosewood Mayakoba in the Riviera Maya, is going to open an ultra-luxe resort in San Miguel de Allende which will be a welcome addition to the famous colonial town. The hotel will have 63 rooms, private residences and a spa.

Rosewood also has another property in Mexico - Las Ventanas al Paraiso in Los Cabos.

Zihuatanejo to get a new Viceroy hotel and residences

The reknowned Viceroy hotel chain is set to expand its Mexico footprint by adding a luxury resort and residences in the Zihuatenejo area in 2010. This will be the chain's 2nd beach resort in Zihuatanejo, the first being The Tides resort on Zihuatenejo Bay.

The architectural firm of Denniston International hopes to create a luxurious, yet relaxed atmosphere. For more information on The Kor Group's properties, please visit: www.viceroyhotelsandresorts.com

Megayachts in Mexico

For those of you who were wondering where to dock your yacht in Mexico, the answer is here. Mexico will soon be home to two new megayacht ports: Liberty Cove in Puerto Libertad, Sonora, and Porto Hussong in Ensenada, Baja California.
These large scale developments will lure travelers from all over the world.

Liberty Cove, slated to be the "Monaco of Mexico", is located south of Arizona and sits on the Sea of Cortez. It is said to be the largest single development in all of Mexico.

On the Pacific side of Baja California, Porto Hussong will provide refuge for international yachters. The development has already received numerous inquiries from around the world for slips in the marina. The oceanfront condominium resort and private residence club will have its grand opening in the summer of 2009.

Construction Completed on Las Ventanas Project in Puerto Nuevo

Las Ventanas is an exclusive community of 38 homes in Puerto Nuevo, Baja California built by Irvine, California developer Waterfront Development Company. This project's completion represents a development milestone in Northern Baja as it is the first major project completed by a U.S.-based developer.

Irvine, CA (PRWEB) September 22, 2007 -- Irvine developer Waterfront Development Company announced the completion of construction at Las Ventanas in Puerto Nuevo, Baja California. "As the first U.S. developer to complete a project in northern Baja, we are proud of the quality of construction and attention to detail that we were able to bring to the project in concert with our Mexican construction partners," said Stephan Erkelens, managing partner of Waterfront Development Company.

Las Ventanas is an exclusive gate guarded enclave of 38 single family homes located 30 minutes south of the U.S. border and represents the high point of quality and livability in the area. With prices that are a mere fraction of those found north of the border, buyers have been attracted to the project in gratifying numbers. "Sales in the past six months have averaged a million dollars a month and we have just four units left to sell," said Robert Donnell of Beachfront Baja, the San Diego-based marketing firm selling Las Ventanas. "With prices in the area rising based on demand and the cost of construction, these remaining homes are being sold for less than their replacement value and represent a genuine buying opportunity for those looking for a beachfront house in Baja, that is ready to move into, now -- for less than the price of a condo," said Donnell.
More information is available on their website. http://www.las-ventanas.com/

Baja California Meeting Point

I recently attended the Baja California Meeting Point and was amazed by all of the development going on in the Sea of Cortez region. The Sea of Cortez is flanked by the Mexican States of Sonora, Baja California Norte, and Baja California Sur. The cities that are seeing the highest number of new developments are Rocky Point (Puerto Penasco), San Felipe, Loreto, the Tijuana-Rosarito-Ensenada corridor, and the Los Cabos/East Cape area. Cities like La Paz, San Carlos, and Kino Bay are also starting to see a number of new developments springing up.

The developments are becoming more and more sophisticated, with each developer trying to out do another with added amenities. One particular development I looked at will have a state of the art clubhouse, a gym over looking the ocean, and miles of exercise trails. Another development will have a mini-market and dry cleaners on-site so that residents can take care of their errands without leaving the property.

More and more people are choosing homes in Mexico as their primary residence. With the availability of high-speed internet connections and VOIP phones that allow you to call anywhere in the world for pennies on the dollar, working from a foreign country has become easier than ever.

I invite you to check out some of the new developments in the Sea of Cortez area by visiting:
Baja California Meeting Point

Ultra Luxe Properties at Punta Mita Mexico Selling Fast!

Home Sales Soar at Punta Mita's Porta Fortuna Residential Resort

Phase one of new "Zen Casita" product sold out in pre-construction; New estates, luxury condos planned on 14 acres of prime ocean property

PUNTA MITA, Mexico--(BUSINESS WIRE)--The Porta Fortuna community in Punta Mita, Mexico, has experienced strong demand for its new product, "Zen Casitas" - selling eight pre-construction units at an average price of $1.5 million each this summer. Set on 14 acres of oceanfront property, Porta Fortuna's "Zen Casitas" are two-story, three-bedroom units with some 4,000 square feet of combined indoor and outdoor space.

Spaciously nestled between two golf fairways and the Pacific Ocean, the Porta Fortuna residential, resort enclave is styled with a blend of Italian, Mediterranean and Mexican architecture into one "Mexiterranean"-crafted oasis, offering the tranquility of a Zen, ultra-luxury lifestyle. Porta Fortuna is located within Punta Mita, a 1,500-acre, master-planned, luxury second-home resort community on Mexico's Pacific Coast.

With such strong buying demand for phase one, two additional pre-construction homes will be released from phase two this month, with a total of 14 Zen Casitas planned. In addition, plans are finalized to develop 6,000 to 8,000 square-foot, single-family beach- and ocean-front estates, and more than 30, 3,000 square-foot, three-bedroom luxury condominiums at Porta Fortuna.

Construction is set to begin on the eight Zen Casitas in September 2007 as part of phase one, with a completion date slated for the fourth quarter of 2008, said Cliff Damavandi, marketing director of Los Angeles/Puerto Vallarta-based Inspired Resorts, owner and developer of Porta Fortuna.

"Buyers were attracted to our Zen Casitas because of their large floor plans, an interesting architectural blend and excellent value compared to similar home sizes and oceanfront property in Hawaii and other high-end second-home destinations. They also liked the idea of buying a luxury second home in Punta Mita, considered to be a world-class, master-planned community with convenient access to nine-and-a-half miles of shoreline and beaches, beach clubs, golf, water sports, tennis and fine dining," said Damavandi.

As hands-on developers, Damavandi explains that he and his father personally meet their customers and are on-property the majority of the time to oversee Porta Fortuna's development. Inspired Resorts spans more than 40 years of experience in real estate development, renovations, financing and acquisitions, management and operations.
Well before Porta Fortuna's first eight units are completed and occupied, Damavandi says the property's 14-acre infrastructure and common amenities will be in place at the start of the winter 2008 season, including artistic access roads, detailed landscaping and a private resident beach club called Playa Fortuna, featuring a palapa-colored living room, a full-service restaurant serving gourmet food, joyous bar, sleek saline pool, swinging daybeds, comfy puff pillows, lounge chairs, a series of isolated nooks and popular social areas.

The Porta Fortuna Yacht Club, located at the edge of the Bay of Banderas, is slated to begin construction before the end of 2007. When completed, it will become a central gathering place for members living in each Punta Mita community. The Club will be built with a wooden pier and a fresh seafood restaurant and bar.

Any whole ownership residence at Punta Mita qualifies for membership in the private Club Punta Mita, which includes the existing 18-hole Jack Nicklaus Signature Golf Course, and access to the Punta Mita Residents' Beach Club and Tennis Club. Residents also have access to a complete array of services and activities through Punta Mita's Residential Concierge Services.
For more information on Porta Fortuna, contact the Punta Mita Properties Sales Center toll free from the U.S. at 888-647-0979; or visit http://www.portafortuna.info/ or info@puntamitaproperties.net.

Punta Mita's master-planned developer/owner, DINE has been at the forefront of large-scale, high-end commercial, residential and resort communities in Mexico. The company has experienced solid growth, with the most recent second quarter 2007 sales reaching $31.1 million, an increase of 50 percent, up from $20.8 million in second quarter 2006, mostly due to its luxury master-planned resort and residential community, Punta Mita. DINE has invested $150 million so far in the project's infrastructure.

A spear-shaped peninsula with nine miles of Pacific Coast shoreline, Punta Mita is surrounded on three sides by white-sand beaches and dramatic coves, features an 18-hole Jack Nicklaus Signature golf course, with a second Jack Nicklaus Signature golf course and a St. Regis Resort and Residences slated for completion in early 2008. The property also boasts a Four Seasons Resort, a private Residents' Beach Club as well as several other villa, condo and private home residence projects planned or under development.

For more information on Punta Mita, contact the Punta Mita Properties Real Estate Center toll-free from the U.S. at 888-647-0979; or visit www.puntamita.com.mx/ or info@puntamitaproperties.net.

SPOTLIGHT: Puerto Penasco (Rocky Point)

What up and coming coastal resort town is drawing visitors from all over Arizona and California? It's Puerto Peñasco! Puerto Peñasco, also known as "Rocky Point", is located in the Mexican state of Sonora, about a 3 hour drive from Phoenix. Tourism has been growing steadily over the last few years, but with the recent addition of luxury developments Puerto Peñasco is sure to turn many of these visitors into residents. Also, the addition of the Coastal Highway, which will connect the San Luis Rio Colorado with the port of Guaymas, will attract investors and promote business in the area. In 2008, the city will open its new International airport, making it accesible to visitors from around the world.

Here are links to some of the newest communities in Puerto Peñasco:

Sandy Beach Resorts--luxury condos, gated homes, golf villas, fractional ownership
www.sandybeachresorts.com.mx

Puerta Privada--exclusive, private oceanfront condos
www.puertaprivada.com

Sonoran Resorts--luxury oceanfront condos
www.sonoran-resorts.com

Laguna Shores
www.lagunashoresgcc.com

ICON Vallarta breaks ground!

The long awaited ICON Vallarta development has broken ground. The development is a joint venture between the Chartwell Group and The Related Group. The project, which includes interior design by Yoo by Phillipe Starck, created a buzz by completely selling out its first tower in 3 days. One, two, and three bedroom units range from $200,000 to over $1 million USD. The sleek design of the buildings combined with its prime oceanfront location is sure to attract buyers from all over the world.

To see floorplans, amenities, etc, visit the Icon Vallarta website:
http://www.iconvallarta.com/home.html