Pacific Mexican Renaissance
The coveted coastline of
Mexico is now available for foreign investment.
Puerto
Vallarta, Mexico - Fly South three-hours from Los Angeles,
California to explore unspoiled, tropical, beachfront property.
Along Mexico's Pacific coastline sits the Bay of Banderas. It is the
largest natural bay in Mexico. There are about 40 miles of
coastline, which has almost 30 miles of beaches and is dotted with
intimate coves and cliffs.
The Bay of
Banderas represents Mexico's second largest tourist destination.
Three cities along the bay include Cabo Correintes, at the southern
tip, Puerto Vallarta in the center and at the northern tip is Punta
de Mita.
The explosive
growth is taking place in the Northern part of the bay. Premiere
developments include the world renowned Four Seasons Resort, Punta
Mita and the Rosewood Resort.
The luxury
development boom has brought world-class quality. Mexico's best
architects, builders and artisans are creating imaginative and
stunning homes along the Pacific coastline.
The most
excellent, luxury investments are taking place in the areas around
Punta de Mita. The real estate has a restricted occupancy rate. It
can be as little as nine bedrooms per 2.5 acres. This will keep the
number of landowners down and encourage development of high-end
living. Pristine beachfront property can be as much as $2-million
dollars per acre. La Punta Realty is offering multi-million dollar
homes and the most exclusive and private home site lots in the Bay.
These properties are adjacent to the Four Seasons Resort, Punta
Mita.
Mexican, North
American, Spanish, French and Italian investors have put their money
into the Bay of Banderas. The first group of luxury home owners have
typically come from California, particularly Sillicon Valley and
Hollywood. "It is truly amazing what is happening here," says Alexis
Burwell of La Punta Realty, "There are many active developments to
choose from along the north coast and the properties are selling
well."
Right now the
Bay of Banderas attracts over 3-million tourists per year and has a
population of about 325,000. According to FONATUR, the Mexican
tourist development bank, and the Banderas tourism board, the number
of tourists in the next 20 years will exceed 6 million per year and
the population will more than double in size.
The Mexican
government is making the Bay of Banderas a priority. It hopes to
keep the infrastructure growing to accommodate the ever increasing
number of new homeowners. Electricity, water treatment,
telecommunications, airports, and highways are just some of the
areas being addressed right now. The Mexican government has also
changed some of the real estate laws. Now it is easier for
foreigners to buy and develop property in Mexico. The average number
of sunny days per year is 300. And with an average yearly
temperature of 85 degrees, you can almost always enjoy the great
out-of-doors.
The area has
seven spectacular golf courses, designed by some of the world's top
architects, including Jack Nicklaus and Tom Weiskopf. The Bay is
definitely earning its reputation as a world-class golfers
destination.
Of course, the
miles of coastline offer lazy days on the beach, or all sorts of
water sports like surfing, snorkeling, parasailing, boating, fishing,
kayaking, and whale watching.
The Bay of
Banderas serves as the foreground for behind it lays lush, tropical
jungle, and the rugged Sierra Madre mountain range provides a
stunning backdrop.
It is this
beautiful vista that planners want to preserve. Many luxury
homebuyers gravitate to these ecologically sound and conservation
friendly communities. In this diverse natural climate eco-tourism is
a fast growing venture. Activities include mountain biking, hiking,
swinging through the trees on a canopy tour; horseback riding and
you can be gone a few hours or a few days.
There are also
excursions to remote colonial towns or a Huichol Indian village,
where you can experience the true culture of the area.
The Punta de
Mita area is serene and tranquil but only a short distance away is
Puerto Vallarta, which is a delightful mix of the old and the new.
And gives everything you would expect in a world-class tourist
destination.
In the area's
largest city, there are over 200 restaurants offering atmosphere
from casual bistros to fine dining. And with chefs from all over the
world, the variety of cuisine will tempt everyone's taste buds.
Puerto Vallarta also offers a spectacular nightlife. You can enjoy
quiet conversation, stroll along the Malecon, catch a show, and
boogie till dawn.
Many artists
have found inspiration in the Puerto Vallarta area. There are dozens
of important art galleries to check out with works in a number of
mediums. The only city in Mexico with more is the capital. So, the
Bay can be as exciting, or laid back as you like.
Savvy investors
can look at properties in The Bay of Banderas as lucrative long-term
investments, especially during this global economic slump. And La
Punta Realty is offering the fortunate few, unique beachfront
opportunities for development.
| 
