Developments in Puerto Vallarta
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Developments in Puerto Vallarta

by Marla Hoover

The Mega-Developments of Puerto Vallarta Mexico
Mega-Developments in Puerto Vallarta
Puerto Vallarta, Nuevo Vallarta and the north coast area to Punta Mita and beyond, have seen an explosion of mega developments. These residential driven communities incorporate developer supplied essential services such as streets, lighting and the latest technological features along with resort living including all the amenities you would expect.

From spa treatments, golf, children's activities, family centers, shopping, restaurants, concierge services, these mega developments offer everything needed for resort-style living in a variety of price ranges. Puerto Vallarta's development driven real estate market is apparent by the creation of several new projects up and down Costa Vallarta in the last year.

The influx of developers in both the affordable as well as the luxury market is evidence of the healthy real estate market along the entire coast of Vallarta. The popularity of these multi service-included developments is also unmistakable by the number of new, yet smaller, like kind projects that have been breaking ground in the more established residential areas within the city of Puerto Vallarta. This last year has also seen the planned community design springing up in the small beach downs that dot the coast, such as Sayulita and San Pancho. However, the corridor between Marina Vallarta, the grandfather of planned communities, and Punta Mita remains the stronghold for this ever-growing residential concept.

Whether the locale is beachfront, ocean view, golf course, jungle, colonial, in town or countryside, residential developments are the future of real estate in Puerto Vallarta.

BEL AIR ESTATESBEL AIR ESTATES - Bel Air Estates is situated on a bluff over looking the south side of Puerto Vallarta and Los Muertos Beach. The 40-lot community will consist of three and four bedroom homes, each with private pool and landscaped gardens. All homes will have ocean and mountain views, with enclosed garage, fireplaces, air conditioning, and Jacuzzis. Clients will have the opportunity to choose their own finishings. Construction begins in October 2003. Pre-Construction prices start at $460,000 USD.

EL MALECONEL MALECÓN - El Malecón is centrally located in the heart of traditional Vallarta. As an 18-year-old building facing the bay, El Malecon was completely restored and remodeled to hold 55 condominium units, half of which are oceanfront properties while others offer mountain views. All units share amenities, such as underground parking, elevator, rooftop swimming pool and sun deck area, 24-hour security system, covering the main gate and the car park, gymnasium, laundry rooms and owner lockers.

The units range from one- to three-bedroom condominiums, and are individually metered for water and electricity. All offer interphone, cable TV and telephone wiring, as well as individual air conditioning. The common areas are tastefully decorated and landscaped for a very pleasant environment. To date, 43 units have been sold, which is 79% of the project, with 8 being sold in the past year. Some excellent opportunities are left, including a few ocean fronts. Prices begin at $100,000 USD

FLAMINGOS BEACH AND GOLF RESORTFLAMINGOS BEACH AND GOLF RESORT - Planned for family enjoyment, Flamingos Beach and Golf Resort is located 15 minutes from downtown Vallarta between the beach and the Percy Clifford designed par-72 Flamingos Nayarit Championship Golf Course. A project intended for children and sports lovers, this beachfront property offers two pools, two Jacuzzis, both surrounded by green areas. The Flamingos Beach and Golf Resort includes two tennis courts, basketball and shuffleboard courts, a practice green, TV room, remote-control entrance, 103 nautical garages, nautical ramp, game room, laundry room, a recreational area for children, three fountains, two big palapas, lobby/reception area, motor lobby, fitness center and access to the beach.

With 176 ocean view units distributed throughout seven Vallarta-style buildings, a new extension of the original building with 100 new units is underway. From one-bedroom, one-bathroom units to four-bedroom, four-bathroom units, and all apartments boast walk-in closets in master bedrooms, terraces and fully equipped kitchens. There are also paved boulevards, vapor streetlights, underground cabling, a water-purification plant and two sewage plants. Enjoying the same privileged scenery, Coto Flamingos offers plots of land selling at $50,000 USD.

FLAMINGOS CLUB RESIDENCIALFLAMINGOS CLUB RESIDENCIAL - Flamingos Club Residencial is an urban development that allows a combination of residential and commercial areas with modern services, such as a private club as well as a convenient regional shopping center. A balanced urban development, located in the Vallarta-Punta Mita corridor, only 10 minutes north of the airport, Flamingos Club Residencial has mixed natural surroundings' exotic wildlife and semi-tropical vegetation and mountain scenery with a pleasant place to live .The beaches and water sports and attractions are nearby.

The urban concept divides the property into two areas, a single-family gated area with controlled access and a multi-use residential area. Both areas will have complete facilities for water treatment, sewage and drainage, as well as electrical and security systems to meet high standards of living, comfort, security and privacy.

GREEN BAYGREEN BAY - Part of the Paradise Village Golf and Country Club in Nuevo Vallarta is the new Green bay Golf -Tennis and Beach Club. Sixty condominium homes comprise the development that will feature one, two and three bedroom residences, located inside the golf course at "El Tigre." Ownership provides access to the El Tigre beach and sports clubs that include restaurants, tennis courts, swimming pool, gym, and spa, as well as the marina and the El Tigre clubhouse and shopping areas. Several benefit packages are available for club privileges.

Condominium homes range in square footage from 1,345 to 2,745 sq. ft. Currently, 14 units have been sold with several on hold. Amenities include: Major appliances and upgrades, integral kitchen, air conditioning, satellite TV system, phone lines pre-wired. Starting prices for ownership is $168,000 to $365,000 USD. Financing is available.

LA PLAYA ESTATESLA PLAYA ESTATES - La Playa Estates consists of seven beachfront estate homes and 19 well-appointed ocean view homes set along a two-mile stretch of sandy beach. The beachfront homes feature their own private pools, unique floor plans, and excellence in construction, finishings and services, with panoramic views and direct beach access.

The ocean view homes are built on two elevated terraces that offer unobstructed views of the bay. Exclusive for 26 owners, the beach clubhouse and spa area feature a meandering infinity pool with built-in sun lounges, swim-up bar and facilities for entertaining large groups. There are also tennis and paddleball courts on the premises. La Playa Estates is located on near Estilarderas Beach on the highway to Punta de Mita.

LAS OLASLAS OLAS - Las Olas is a single family gated residential beachfront community located in San Francisco, Nayarit-a small beach town 30 minutes north of the international airport. The development includes 26 single-family residence home sites, 18 of which are beachfront and 8 view lots; there are now 22 lots available to choose from. Prices range from $200,000 to $600.000 USD. Amenities include beach club and ocean side pool, 24-hour security, single entrance, underground phone, water and electrical services.

MAYAN ISLANDMAYAN ISLAND - The Mayan Island mega project in Nuevo Vallarta has three residential options: luxury condominiums facing the ocean, with a 393-foot pool just a few steps away from a mile long sandy beach, 28 exclusive residential properties; 2 penthouses; 19 golf course residences and 64 apartments on the golf course, with views of the bay and mountains. A destination area, Mayan Island offers residents the convenience of the infrastructure and services offered by the Mayan Palace Hotel in Nuevo Vallarta, including a shopping mall, a 12-court tennis club, spa and fitness center, 1.8 miles of canals, a lake, marina, beach club, as well as the 18-hole golf course designed by Jim Lepe of the Jack Nicklaus Signature Group.

The beachfront Ixcun building is currently 84% sold, with the golf courses residences 55% sold. This year the new Edznda tower on the beach was launched. This new ultra luxury addition to Mayan Island will consist of 36 condominiums with 2 penthouse units.

MONTEMARMONTEMAR - Located in Conchas Chinas on Paseo de los Delfines, Montemar Condominiums offer 10 residences from one bedroom to four bedrooms, with panoramic views of Banderas Bay and the city of Puerto Vallarta. Most units have a private Jacuzzi, and innovative, open style floor plans. Units are all electric and include range, dish washer, mini split air conditioning, continuous fill hot water takes, triple filter water purification, and marble bathroom counter tops. Other amenities include covered parking, pool, elevator, two-story penthouse, common area, and gym. The project is developed by Windsor Peninsula/Equus Development Corporation.

The architect is Jean Claude Gailbert, Interior Design by Pauline Edgelow. Montemar is just a few minute walk to the Los Muertos beach area and the South Side. Units are for sale now, by onsite sales representative, Devaki Dharno. These homes are also available with title insurance from Stewart Title. Prices start at $169,000 USD for a one- bedroom unit to $799,000 USD for the two story penthouse.

PARADISE COVESPARADISE COVES - The concept behind Paradise Coves was to create an upscale, yet ecologically sound, residential neighborhood that respects the flora and fauna and diverse marine life found along its 820 feet (250 meters) of coastline. The planned community is designed by a group of French architects, working closely with well-respected local firms of architects and engineers responsible for designing the infrastructure and services. All of which have extensive experience in the luxury home market in both Europe and Mexico.

Paradise Coves is comprised of 12 homes on more than 8 acres of beachfront land, with lots ranging from 13,000 square feet (1,209 square meters) to 24,500 square feet (2,277 square meters- all with 30 meters of frontage.) The generous size of the home sites was planned so that owners can enjoy the privacy of their own space, from which they can walk through the specially designed hiking trails to the residents' beach club located on the shore of the cove from whence the community takes its name. Lots start at $275,000 USD, with finished homes from $600,000 USD.

PARADISE VILLAGEPARADISE VILLAGE - With the success of their resort and residential development, as well as the new Ocean Vista apartments and Paradise Plaza shopping mall, Paradise Village has now embarked on a new expansion phase. It has now has added an 18-hole par-72, 7200-yard championship golf course designed by golf architect Robert Van Hagge. The new residential home sites and a country club will round out the private gated community. Along with this project, Paradise Village has also initiated a new residential project, Grand Tortuga, which includes 400 luxury condominiums facing the ocean, and a 264-unit development, Grand Marina Villas, overlooking a residential canal area.

These new developments will have private access to the new 18-hole golf course. Golf memberships are included on select units in this package. Residents are also close to the amenities offered by Paradise Village Resort, which includes a European spa, a 200-slip marina and facilities for water sports, all of which are part of owner privileges.

PORTOFINOPORTOFINO - PortoFino is the newest project from Grupo Bay View Grand. Due to the strong demand for the Bay View Grand concept since its completion in 2002, construction on PortoFino has already begun. The pre-construction phase will offer 230 oceanfront condominiums and 10 luxurious beachfront homes, all with panoramic view of Banderas Bay.

Reserved for fewer than 250 families, PortoFino's waterfront enclave offers one- to four-bedroom condominium residences, pre-completion priced at $130,000 to $1,000,000 USD. Each features views of the bay, the colonial town of Puerto Vallarta and its marina and golf course as well as infinity pool, tennis court, restaurant, business center and convenience store.

PUNTA ESMERALDAPUNTA ESMERALDA - Punta Esmeralda is the newest oceanfront subdivision by the developers of Real del Mar. The development is located just before Cruz de Huanacaxtle, situated on the coast to the left just before the turnoff to Cruz and Punta Mita. Delivery of the first phase of construction is slated for the 2004/2005 seasons. Punta Esmeralda is a planned luxury gated community covering over 20 acres of oceanfront property with low profile terraced land construction, which affords each unit views of the bay. The project will be complete with landscaping and multiple green areas including a private beach club with swimming pools, tennis courts, tropical gardens and beach access.

Punta Esmeralda consists of 113 villas and 117 condominiums, 240 units in total, located on the beach or hillside overlooking Banderas Bay. The villas to be developed first and will consist of two to four bedrooms and will range in size from 1700 to 3000 sq. ft. Each home will also feature mini-split air conditioning, covered parking, and fully equipped kitchens, private patios and terraces. All villas and oceanfront condominiums with have a private pool on their terrace. Title insurance is available through Stewart Title. Financing terms are also available. Prices begin at $250,000 USD and move up to $700,000 USD.

PUNTA MITAPUNTA MITA - Perched on the point of land separating the Pacific Ocean from the Banderas Bay, lay Punta Mita. The master-planned resort and residential community covers more than 1,600 acres with 9 ½ miles of beachfront and uninterrupted views of both waters. Home to the renowned Four Seasons Resort and Jack Nicklaus Signature golf course, Punta Mita will soon welcome the addition of the Rosewood La Solana Resort and Villas, as well as up to 3 more luxury boutique hotels, two additional championship golf courses, an equestrian center and marina among other planned amenities. The first two offerings of custom estate lots are sold out.

Current availability includes Lagos del Mar; custom lots with over 100 feet of golf course frontage and water views of Banderas Bay or the Pacific Ocean, across golf fairways. Sizes range from ½ to 1 acre; prices average $550,000 USD. Beginning this past May the Four Seasons Private Villas became available for sale. These are full ownership villas that have selected services and amenities provided by the Four Seasons Resort. Modern Mexican coastal architecture describes a variety of 2 and 4 bedroom floor plans, each with an optional guest casita. Fully furnished interiors include the custom craftsmanship of many regional artisans. Prices begin at $1.9 million USD.

PUNTA TORTUGASPUNTA TORTUGAS - Punta Tortugas located in Los Veneros on the north side of Banderas Bay between La Cruz de Huanacaxtle and the Four Seasons Golf Course. With 24 oceanfront home sites on the bay, Punta Tortugas offers its owners design opportunities for their beachfront homes. These home sites also offer the advantages of an exclusive development with a gated system to ensure the privacy and security of its residents.

PUNTA VISTAPUNTA VISTA - Punta Vista is built on the beach at Punta de Mita, 30 minutes north of Puerto Vallarta. The modern Mexican architecture features light open spaces while at the same time creating a sense of privacy by having only one unit per floor. Each of the 12-three bedroom residences has a 40-foot-long private terrace. With Kommerling windows that slide back completely to give uninterrupted views out to sea, the Marietas Islands and around the point of Punta Mita.

Standard features include gourmet kitchen with granite countertops, marble bathrooms, elevator, heated oversized swimming pool Jacuzzi and individual garages with remote control openers and individual beach gear storage lockers. In the last 12 months 4 units have been sold, leaving 3 units available. The developer is delivering condominiums with a title insurance policy from Stewart Title Guaranty Company of Houston, Texas. Prices start at $450,000 USD. The building and model unit are open for viewings through La Punta Realty.

REAL DEL MARREAL DEL MAR - Covering over 29 acres of oceanfront properties facing north to south with views of the Bay of Banderas is Real Del Mar. The development is located 15 minutes north of Puerto Vallarta's international airport. Real Del Mar consists of 17 oceanfront and 20 additional home sites- with maximum of 56 home sites on the 37 lots - all with views across Banderas Bay to Puerto Vallarta and the Sierra Madre Mountains. Residents and guests also have use of two private Mexican- Pacific Beach style beach clubs, each with pools, terraces, private lounge areas and fully equipped kitchens offering meal and beverage services to residents. Owners are also offered use of 2 all weather, championship tennis courts, a gym and spa.

Other amenities include 24-hour security, high-speed Internet access fiber optic phone lines, a waste treatment system, and extensive underground water drainage systems. Each lot is also wired with central cable/satellite TV lines. Title insurance is available through Stewart Title. Financing is available at limited 12, 18, and 24-month packages. All planned infrastructure and common areas were completed December 15, 2002. Two homes are now completed, 4 homes are under construction with 7 more slated to begin in 2003. Real Del Mar has closed escrow on 5 lots within the past 12 months. Lot prices start at $350,000 USD. At present custom and spec homes being built are valued beginning at 1.3 million USD.

ROSEWOOD LA SOLANA RESORT AND VILLASROSEWOOD LA SOLANA RESORT AND VILLAS - Santa Barbara Partners and Greg Norman's Medallist Developments along with Rosewood Hotels and Resorts have joined to create Punta Mita's newest planned residential complex, Rosewood La Solana Resorts and Villas. The project will include 70 hotel suites and 58 ownership villas, a luxury spa with 16 suites and nearby fitness club as well as beach and ocean clubs with infinity pools, and food and beverage service. The Villas of La Solana are available for whole ownership and as part of a Private Residence Club. There will be both attached and detached villas available to choose from. Whole ownership prices will start at approximately $1.5 Million USD. Private Residence Club Interests will start at approximately $300,000 USD.

Three different floor plans will be available containing 3 bedrooms, 4.5 baths, library/media room, private plunge pool, and significant terrace space. Total square feet of the villas range from 5,600 sq. ft. to 6,200 sq. ft. including the terrace space. Some villas have optional master suites, including approximately 1,500 total sq. ft., a private plunge pool, and fireplace. Fourteen villas are located on the ocean, the remainder terrace up the hillside, with a slope of 20%. Ownership within The Villas of La Solana provides entree to the amenities of Punta Mita, including access to the existing Jack Nicklaus Signature Golf Course as well as La Plaza, or the mountaintop village where the hotel's reception areas, retail boutiques, tequila bar, general store, gourmet bistro will be found.

SIERRA DEL MARSIERRA DEL MAR - Sierra del Mar, Puerto Vallarta's established gated residential community, is located 12 minutes south of downtown before Mismaloya. The development is comprised of 36 home sites of between 8,800 and 21,500 sq. ft. To date there are 19 homes built, 3 under new construction, 3 original lots left available and 3lots are available for resale beginning at $115,000 USD. Ocean-view homes range from resale at $795,000 USD to new turnkey luxury villas for $1,795,000 USD. All services are underground and there is design review committee to ensure a strict control over building and height restrictions, which insures all homeowners' rights and views are protected. The homeowner's association maintains all streets and utilities and provides 24-hour gated security. Sierra Del Mar's management company offers property management, luxury lodging services as well as construction and management services. There is also a pre-construction program available for presales.

Future phases are currently in advance planning stages. Sierra Del Mar homes offer the following amenities; pool, Jacuzzi, air conditioning, views of Banderas Bay, town and or jungle and 2 car garages. The developments model homes are fully furnished and are open for touring. Standard appliances include: Washer/dryer, Sub-zero GE Profile Fridge, wall mounted stove and microwave oven and a variety of small appliances. The Osuna family, as developers of the estate, also live onsite and together with an active homeowners' association, help oversee the maintenance of all common areas surrounded by 500 acres of private land, 75% of which will remain as open space. The planned community provides a state-of-the-art infrastructure, ensuring comfort, privacy and security.

VELA VISTAVELA VISTA - Vela Vista Marina Beach Residences located on the beach at Nuevo Vallarta, consists of 29 full ownership condominiums and 6 two-level penthouses that range in size from 1,800 to 4,735 square feet. Amenities include, underground parking, 24 hour security, 2 glass elevators with view of marina, infinity pool 3-18 hole golf courses. Choose from 4 different models of 2 or 3 bedroom floor plans.

Owners can receive immediate title and may obtain 20 year financing with 25% down. Design concepts include: wood cabinetry, marble details throughout, crown molding, mini-split A/C, high-quality European window systems, soaker tubs, imported Italian ceramic tile floors and out door living areas.

VILLAS LA TEJAVILLAS LA TEJA - Located in the exclusive Amapas area, just minutes from downtown Puerto Vallarta and the beach, each of the nine villas - including two penthouses - features a large sun terrace and its own infinity pool, technological equipment includes a cable car to access the villas.



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