Real Estate Buyers Guide 2011-2012

Making Real Estate Shopping Easy!

Multi-Dev Vallarta/Nayarit

Featuring property listings of over 50 real estate offices in and around Puerto Vallarta and Riviera Nayarit Incluyendo propiedades de más de 50 agencias inmobiliarias dentro y en los alrededores de Puerto Vallarta y Riviera Nayarit.

So, you think you may be interested in owning real estate in Puerto Vallarta or Riviera Nayarit, but you’re not quite sure where to start? ¿Así que crees estar interesado en adquirir una propiedad en Puerto Vallarta o Riviera Nayarit, pero no estás seguro de dónde empezar a buscar?

The first place you should probably check is the MLS service for this region. It’s been in place for more that 20 years, making it the longest running MLS service in Mexico.

El primer lugar en donde debes buscar es en el servicio de listado múltiple de propiedades para esta región.

Ha estado en funcionamiento por más de 20 años, lo que lo convierte en el servicio con mayor trayectoria de México.

You can browse through the complete MLS Inventory online with the help of our search interface at www. mlsvallarta.com. Even if you are not familiar with the regions and the most popular real estate neighborhoods, you will find it very easy to use.

Ahora puedes buscar en todo el inventario de MLS disponible en línea con la ayuda de nuestra interface de búsqueda de www. mlsvallarta.com. Aún cuando no estés muy familiarizado con las regiones y las colonias más populares, verás que es muy fácil de usar.

For information regarding MLS please contact patty@mexmags.com.

For MDV please contact claudia@mexmags.com, Tel. (322) 221-0106

¡Facilitando la compra de bienes inmuebles!

Multi-List Vallarta/Nayarit

Multi-Dev Vallarta (MDV) is a multiple listing service operated by Vallarta Lifestyles Publishing Group, the same group that has been operating MLS Vallarta for over 20 years on behalf of developers or real estate agencies in and around Vallarta and Riviera Nayarit, and features more than 60 real estate developments.

Multi-Dev Vallarta (MDV) es un servicio de listado múltiple de propiedades operado por Vallarta Lifestyles Grupo Editorial, mismo que ha administrado MLS Vallarta por más de 20 años en nombre de desarrolladores o agencias de bienes raíces dentro y en los alrededores de Vallarta y Riviera Nayarit, y cuenta con más de 60 desarrollos.

MLSVALLARTA.COM

Members of MDV have access to an online database where they can list their projects as well as their inventories, which is available to the public at vallartarealestate guide.com Los miembros de MDV tienen acceso a una base de datos en línea a través de la cual pueden ingresar sus inventarios, disponibles para el público en general en vallartarealestate guide.com

More than 1,600 listings! ¡Más de 1,600 propiedades!

In 2010 the Multi-Dev database was combined with the Multi-List database and it is now available at mlsvallarta.com and mlsnayarit.com. The public now has access to new development inventory (mostly pre-construction) as well as the resale market (existing and titled properties), represented by MLS real estate agencies through exclusive listing agreements.

En el 2010 las bases de datos de Multi-List y Multi-Dev Vallarta se fusionaron y ahora están disponibles a través de mlsvallarta.com y mlsnayarit. com. El público ahora tiene acceso al inventario de nuevos desarrollos (principalmente proyectos de pre-construcción) así como también a la información del mercado de las reventas (propiedades existentes y escrituradas) representadas por agencias miembro de MLS mediante un contrato de exclusividad.

Before purchasing or selling real estate properties around the bay, make sure to check out these sites!

Antes de comprar o vender alguna propiedad en la bahía ¡asegúrate de visitar estos sitios de Internet!

MLSNAYARIT.COM

Buying Real Estate 101

Purchasing real estate in Mexico may appear to be a daunting venture.

To help demystify the process, we’ve created this CliffsNotes-style, jargon-free guide. Providing an informative overview of this multidimensional topic, it includes answers to a number of the Frequently Asked Questions that repeatedly come our way.

Adquirir bienes raíces en México puede parecer una aventura intimidante. Para ayudar a desmitificar este proceso hemos creado esta guía al estilo “Cliffs Notes”, ofreciendo un repaso informativo sobre este tema multidimensional, e incluyendo respuestas a un buen número de Preguntas Frecuentes.

Should I be working with a real estate agent?

¿Debería trabajar con un agente de bienes raíces?

Yes, you should, whether you are buying or selling. The process is not as simple or straightforward as it is in the USA and Canada, and there are potential obstacles that a guide will help you navigate through (unless you speak Spanish, you’re at an immediate disadvantage). They also have access to marketing tools, such as the MLS, that sellers are not privy to.

Sí, deberías, ya sea que estés comprando o vendiendo. El proceso no es tan simple o directo como en los Estados Unidos o Canadá y hay obstáculos potenciales que sería mejor sortear con la ayuda de un guía. A diferencia de los vendedores, los agentes también tienen acceso a herramientas de marketing como el MLS.

Is there a RE association, and are realtors licensed?

AMPI, the Mexican real estate association, has three chapters in Puerto Vallarta that provide traditional real estate services and also ensure that realtors are behaving according to the highest professional standards. There is no mandatory licensing currently for realtors in Mexico; however, in Puerto Vallarta AMPI has stepped in to fulfill a similar role as best they can. More information regarding the local real estate association can be found at www. vallartanayaritmls.com.

What is the MLS system in Vallarta?

Our MLS service, one of the first and the longest running in Mexico, comprises two systems, Multi-List Vallarta (for the resale market) and Multi-Dev Vallarta (for developers), which are merged together on our websites. It can be found at www.mlsvallarta.com, www. mlsnayarit.com or www.vallartarealestateguide.com and on many real estate company websites. AMPI also has an MLS system, which can be viewed at www.vallartanayaritmls.com.

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continued on pg. 82

¿Hay alguna asociación de Bienes Raíces, y hay agentes con licencia?

AMPI, la Asociación Mexicana de Profesionales Inmobiliarios, tiene tres capítulos en Puerto Vallarta, los cuales ofrecen servicios tradicionales de bienes raíces y también se aseguran que los agentes se atengan a los más altos estándares profesionales. Actualmente no existe ninguna licencia obligatoria para agentes inmobiliarios en México; sin embargo, en Puerto Vallarta AMPI ha intervenido para ejercer una función similar de la mejor forma posible.

Puedes encontra más información sobre la asociación inmobiliaria local en www.vallartanayaritmls.com.

¿Qué es el sistema de MLS en Vallarta?

Tenemos uno de los primeros y más perdurables servicios de listado múltiple en México, el cual se compone de dos sistemas: Multi-List Vallarta (para el mercado de reventas) y Multi Dev Vallarta (para desarrolladores), que se fusionaron en nuestros sitios Web. Puedes tener acceso a estos sistemas a través de www.mlsvallarta.com, www.mlsnayarit. com o en www.vallartarealestateguide.com, o en los sitios Web de muchas compañías de bienes raíces. AMPI también cuenta con un sistema MLS que se encuentra en www.vallartanayaritmls.com. continúa en pag. 82 Visit: www.virtualvallarta.com

Can I actually own land in Mexico?

¿Puedo adquirir propiedades en México?

Yes. Although the restricted zone specified in the Mexican Constitution prohibits a foreigner from acquiring direct ownership of land within 100 kilometers along the border or 50 kilometers along the coast, you can obtain all the rights of ownership in the restricted zone via a bank trust known as a fideicomiso. Since Vallarta lies within this zone, you need to use a trust here if you are not Mexican, but for all intents and purposes, it’s just like getting title.

SÍ, pero la Constitución Mexicana establece una zona restringida en la cual un extranjero no puede ser el propietario directo. Dicha zona se extiende a lo largo de 100 km de la frontera y en los 50 km contiguos a la costa. Sin embargo, puedes obtener todos los derechos de propiedad incluso en estas zonas restringidas a través de un fideicomiso bancario. Vallarta se encuentra dentro de esta zona, por lo que deberás utilizar un fideicomiso en caso de que no seas mexicano. Pero para todos los fines y propósitos, es casi como tener el título de propiedad.

What’s a “trust”?

Because of the restriction mentioned above, a buyer can request a Mexican bank of his choice to act as a trustee on his behalf. The fideicomiso (trust) can be established for a maximum term of 50 years and can be automatically renewed for another 50-year period. The title is transferable to any other party. The bank becomes the legal owner of the property for the exclusive use of the buyer/beneficiary, who has all the benefits of a direct owner.

What other ways can I find information about real estate in this area?

Consider our print publications: Vallarta Real Estate Guide (free distribution all over town) and Vallarta Lifestyles (hotel rooms, newsstands and advertising clients), or check online at www.mlsvallarta.com, www.mlsnayarit.com, www.vallartarealestateguide.com or www.virtualvallarta.com.

What are the closing costs involved?

Whenever a real estate purchase takes place in Mexico, a number of additional closing costs are involved and should be taken into account.

These can vary in amount and complexity, depending on the type of transaction and whether a trust is involved, and are determined by the notary office of your choice, along with the real estate agency handling the transaction. The following examples, provided by Tropicasa Realty, are broad guidelines that should give you an idea of what to expect.

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continued on pg. 84

¿Qué es un Fideicomiso?

Debido a la restricción ya mencionada, un comprador puede solicitar al banco mexicano de su preferencia que actúe como fideicomisario en su representación.

El fideicomiso puede ser establecido por un plazo máximo de 50 años y puede ser renovado automáticamente por un periodo adicional de 50 años. Además, el título es transferible a cualquier otra persona. El banco se convierte en el dueño legal de la propiedad, para el uso exclusivo del comprador o beneficiario, quien disfruta todos los beneficios que tendría un comprador directo.

¿De qué otra manera puedo encontrar información sobre bienes raíces en esta área?

Considera leer nuestras publicaciones: Vallarta Real Estate Guide (de distribución gratuita en toda la ciudad) y Vallarta Lifestyles (disponible en habitaciones de hotel, puestos de revistas y en las tiendas de los anunciantes).

También en línea: www.mlsvallarta.com, www.mlsnayarit.com, www. vallartarealestateguide.com, o www.virtualvallarta.com

¿Cuáles son los costos de cierre?

Cuando se realiza una transacción de bienes raíces en México, hay costos adicionales que debes tomar en cuenta. Éstos pueden variar en cantidad y complejidad dependiendo del tipo de transacción continúa en pag. 84 Visit: www.virtualvallarta.com

Visite: www.virtualvallarta.com

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Benefits of Owning Real Estate in Mexico/Vallarta

Beneficios de adquirir bienes raíces en México/Vallarta

• Variety of real estate options • Real estate price points to suit every budget • Low property taxes • Lower cost of living than you may be used to • Affordable household staff (eg, maid service and gardeners) • Great weather year round • World-class amenities and services such as legal and medical available in English • Growing expat community with a year-round array of social events and activities • Fabulous golf, boating and water activities throughout the year • Chain outlets such Wal-Mart, Home Depot and Costco to provide the comforts of “home”

• Variedad de opciones en bienes raíces • Precios de bienes raíces que se ajustan a cualquier presupuesto • Bajos impuestos sobre la propiedad • Costo de vida más bajo al que puede que estés acostumbrado • Personal doméstico de bajo costo (servicio de limpieza, jardineros, etc.)

• Excelente clima durante todo el año • Instalaciones y servicios de clase mundial, así como hospitales y atención legal disponible en inglés • Creciente comunidad de extranjeros residentes, con una gran variedad de eventos sociales y actividades durante todo el año • Fabulosos campos de golf, yates y actividades acuáticas todo el año • Sucursales de cadenas como Wal-Mart, Home Depot y Costco que ofrecen las comodidades de “casa”

How much are property taxes and other regular home expenses?

Property taxes are very low compared to the USA and Canada; however, condos charge additional fees, such as homeowners’ association and master homeowners’ association charges. Utilities are reasonably priced, and household staff, such as maid, chef and butler, is extremely affordable.

Is financing available?

Yes. This process is easier than ever, and interest rates are lower than in the past. Many banks currently have English-speaking divisions, and many realtors are bilingual. Established realtors often have their own mortgage broker who can pre-qualify purchasers.

What are the advantages and disadvantages of condo living?

Advantages: When it’s time to leave, you simply lock the door, making it more secure than a private home. • Sharing maintenance costs with the other residents lowers monthly expenses. • Condos often offer a better view if you live on a higher floor. • Because 80 percent of the product inventory in Vallarta is condos, there are properties available at all price points, with a wide variety of locations and styles to choose from.

Disadvantages: Sharing your costs means living in close proximity to others. • Decisions about the property are made by group majority and may not reflect your preference. • Homeowners’ association meetings can be challenging, particularly for those who’ve never lived in a condo.

What is the role of the homeowners’ association (HOA)?

The HOA is responsible for maintaining and administering the common areas of any project or development. They collect maintenance fees from the owners, provide reserve funds, pay the bills and work with a board made up of homeowners. A well-run association can keep your costs down, but it’s a good idea to find out how it’s functioning in any property you may be interested in. This is something that is too often overlooked when prospective purchasers are considering a property.

Are maintenance fees consistentin all developments?

What the condo fee covers varies from project to project, so research thoroughly before purchasing to find out exactly what the fees include.

What are the advantages of buying presale vs. resale?

When purchasing a resale property, you know exactly what you’re getting; however, if it’s an older home or condo, it may require maintenance or upgrading or may be missing the stylish amenities a new unit may offer.

Presale purchases often involve purchasing over floor plans, models and artist renditions, which may leave some aspects up for contention later. Sometimes, though, it turns out even better than the buyer expected, but not always!

Also, in challenging economic times, a developer may cut back on quality of finishing, in order to save money. But with a presale property, you get the advantages of sometimes better pricing and stylish, new amenities. And it’s new, so serious maintenance should not be needed for some time.

involucrada y son determinados por el notario de tu elección, en conjunto con la agencia de bienes raíces que maneje la transacción.

Los siguientes ejemplos, proporcionados por Tropicasa Realty, te darán una idea general de los costos involucrados. ¿A cuánto ascienden los impuestos sobre la propiedad y otros gastos residenciales regulares?

Los impuestos sobre la propiedad son muy bajos comparados con aquellos de Estados Unidos y Canadá. Sin embargo, los condominios cobran cuotas adicionales, como la de una asociación de propietarios y asociación general de propietarios. Los servicios tienen precios bastante razonables y el personal doméstico, como servicio de limpieza, chef y mayordomo, es extremadamente barato.

¿Hay financiamiento disponible?

Sí. El proceso es más fácil que nunca y las tasas de interés son más bajas que en el pasado. Actualmente muchos bancos tienen una división angloparlante y muchos agentes son bilingües. Los agentes establecidos a menudo tienen su propio agente hipotecario que puede precalificar a los compradores.

¿Cuáles son las ventajas y desventajas de la vida en condominio?

Ventajas • Cuando llega la hora de irse simplemente cierras la puerta, y es más seguro que una casa particular. • Compartir los costos de mantenimiento con otros residentes disminuye los gastos mensuales. • Los condominios a menudo ofrecen una mejor vista si vives en uno de los pisos superiores.

• Debido a que el 80% del inventario de bienes raíces en Vallarta son condominios, hay propiedades disponibles en todas las gamas de precios, con una gran variedad de ubicaciones y estilos de dónde elegir.

Desventajas • Compartir tus costos significa vivir muy cerca de otros. • Las decisiones con respecto a la propiedad se hacen con el voto de la mayoría del grupo, y puede que éste no refleje tus preferencias. • Las reuniones de condóminos pueden ser difíciles, particularmente para aquellos que nunca han vivido en un condominio.

¿Cuál es el papel de la Asociación de Propietarios?

Tiene la responsabilidad de mantener y administrar las áreas comunes de cualquier proyecto o desarrollo. Recauda cuotas de mantenimiento de los propietarios, asignando fondos de reserva, pagando los gastos y trabajando con un consejo compuesto por propietarios. Una asociación bien administrada puede ayudar a reducir los costos, pero es una buena idea saber qué tal está funcionando en cualquier propiedad que te interese. Esto es algo que a menudo es pasado por alto cuando los compradores potenciales buscan adquirir una propiedad.

¿Las cuotas de mantenimiento son consistentes en todos los desarrollos?

Los gastos cubiertos por las cuotas varían de proyecto en proyecto, así que debes investigar antes de comprar y saber exactamente qué es lo que cubren las cuotas. continúa en pag. 86

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Visite: www.virtualvallarta.com

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¿Cuáles son las ventajas de comprar en pre-venta o reventa?

Cuando adquieres una propiedad de reventa sabes exactamente lo que estás obteniendo. Sin embargo, si se trata de una casa o condominio con algunos años, puede que requiera mantenimiento, mejoras o que le falten las instalaciones de moda que un condominio nuevo puede ofrecer. Las compras en preventa a menudo involucran hacer una adquisición basada en planos de distribución, modelos y representaciones gráficas, las cuales pueden dejar algunos aspectos para definir después.

Sin embargo, a menudo resultan ser mejor de lo que el comprador esperaba, ¡pero este no siempre es el caso! También, en tiempos económicos adversos, un desarrollador puede reducir la calidad de los acabados para ahorrar dinero. Con una propiedad en preventa a veces tienes la ventaja de obtener mejores precios e instalaciones nuevas y modernas, y al ser nuevo, no debería requerir mantenimiento importante en algún tiempo.

A Short Questionnaire to Help Focus Your Housing Search

Un pequeño cuestionario para ayudar a enfocar tu búsqueda residencial

1. Do you want to be close to town or do you want to get away from it all? More people are moving toward developments for social and security reasons and because they relish a sense of community.

1. ¿Quieres estar cerca de la ciudad o lejos de todo? Cada vez más gente se está mudando a desarrollos por razones sociales y de seguridad, y porque realmente disfrutan la sensación de comunidad.

2. Do you want a condo, a villa or a home? All options are readily available, so consider the pros and cons of each.

2. ¿Quieres un condominio, una casa o una villa? Todas estas opciones están disponibles, así que considera los pros y contras de cada una.

3. Amenities? If amenities and activities such as golf, surfing and shopping are important, find out where the ones you’re most likely to frequent are located and investigate the housing options within reasonable proximity.

3. ¿Atractivos? Si las instalaciones y actividades como el golf, surf y compras son importantes para ti, averigua la ubicación de las que más probablemente frecuentarás y considera aquellas opciones de vivienda que estén razonablemente cerca.

4. Is having a view important? The Puerto Vallarta area offers river, ocean and jungle views, with prime properties offering all three.

4. ¿Es importante que tenga vista? El área de Puerto Vallarta ofrece vistas a ríos, al mar y a la selva, con propiedades de primera que tienen todo.

5. Which floor is best when purchasing a condo? All floors have their pros and cons. Talk to others who live in condos and find out their preferences, especially if you’re coming from a single-family dwelling.

6. Will this property be primarily used by adults or entire families? Some developments cater more to adults, while others have beach clubs and children’s activity programs and are suited for the entire family.

7. Do you need quick access to medical facilities? There are some excellent hospital throughout the area. Make sure you know their locations before viewing properties if this is an essential amenity.

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5. ¿Qué plano de distribución es mejor cuando se compra un condominio?

Todas las distribuciones tienen sus pros y sus contras. Habla con personas que viven en condominios y averigua sus preferencias, especialmente si vienes de una vivienda unifamiliar.

6. ¿La propiedad será utilizada principalmente por adultos o por toda la familia? Algunos desarrollos se enfocan más en adultos, mientras que otros tienen un club de playa y programas de actividades para niños, siendo adecuados para toda la familia.

7. ¿Necesitas acceso rápido a instalaciones médicas? Hay excelentes hospitales en toda el área. Si este es un atractivo esencial, asegúrate de conocer su ubicación antes de considerar comprar una propiedad.

Visit: www.virtualvallarta.com

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Visit: www.virtualvallarta.com

Real Estate Trends 2011 - 2012

by John Youden

When compiling our annual real estate trends article last year, we saw the year as a turning point in the market. The bottom of the cycle seemed to have been reached, and it should begin to swing upward as we moved into 2011. This seems to have proven to be true, at least for the re-sale market. The number of sales has increased and the number of listings on the market reduced. New product or development properties still seem to be working through this, but that’s natural after a downturn cycle in the market; recovery is led first by the re-sale market and then followed by new product as developers start building again.

Most realtors we talked to believe that we are over the worst but that it’s going to be a slow recovery, continuing well into next year. The Vallarta multiple listing service, Multi-List Vallarta, seems to confirm this with average inventory levels dropping slightly, from 1,100 to 1,000 re-sale property listings this past season, and with new property inventory (development projects) dropping slightly as well. continued on pg. 90

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Cuando desarrollamos nuestro artículos de tendencias inmobiliarias el año pasado, vimos que el año marcó un punto decisivo en el mercado. Parecíamos haber llegado al fondo del ciclo, y que éste volvería a mejorar al comenzar el 2011. Por lo menos, en cuanto al mercado de re-venta se refiere, esto parece haber sucedido. El número de ventas ha incrementado y el número de listados en el mercado ha decrecido. Las propiedades y desarrollos nuevos parecen estar saliendo adelante poco a poco, pero esto es natural después de un ciclo de descenso en el mercado. La recuperación comienza con el mercado de re-venta, y es seguido por las propiedades nuevas, al continuar los desarrolladores sus construcciones.

La mayoría de los agentes inmobiliarios con los que hablamos creen que el periodo más difícil ya pasó, pero que la recuperación será lenta, continuando hasta el año entrante. El sistema MLS de Vallarta, Multi-List Vallarta, confirma esta noción con un decremento promedio de inventario de 1,100 a 1,000 listados de re-venta en la temporada pasada, y con nuevo inventario (desarrollos) decreciendo un poco también. continúa en pag. 90

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Below are trends we see currently taking place in regard to the local real estate market.

It’s All about Price Point The trend I hear most often when talking to realtors about the local real estate market is that it’s no longer about price per square foot or square meter, as was the custom in years past. Today, buyers have in mind a price they can afford or a limit to what they are willing to invest, and they want to see what’s available at that price point. If they wanted two bedrooms but only one-bedroom units are available at that price, that’s what they’ll look at—just don’t try to get them to move out of their price comfort zone.

This has led to one-bedroom condominiums becoming popular again, whereas you couldn’t give them away in 2007. Back then, buyers wanted an extra bedroom or two for visiting friends, plus a TV room or an office, and they were willing to pay for it. Developers stopped including one-bedrooms in their inventory or drastically cut back on them, instead starting to build three-bedroom units—but no longer.

They are popular once again, meeting the price comfort level for many. The most popular price range in 2010 was $100,000 to $200,000, and that’s not something a developer can provide except for one-bedroom units.

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The same goes for maintenance or carrying costs for the property. Buyers also have a number in mind for what they can afford to pay monthly. And with one-bedrooms being about 60% the size of two-bedroom units, maintenance fees are 40% less, another very good reason to consider a one-bedroom unit.

Buyer’s Market It continues to be a buyer’s market, especially the higher you go in pricing. At the lower end of the market, realtors report that prices seem to have stabilized, especially below $400,000.

The average difference between original list price and selling price has been 15%. Above the $400,000 level, it’s not so much that prices are dropping but that there is a lack of interest in this price range. The first quarter of this year saw quite a bit of activity in the million-dollar range, but with properties that were originally listed much higher selling at discounts of 35% to 50%. For properties above $1.5 million, there has been very little activity. For estate properties listed at over $2.5 million, a few have sold but for basically half of the original asking price. The market is adjusting, and that is healthy. Traditionally, during market downturns, Vallarta has not seen major drops in pricing. This is primarily because it’s still a cash market; there is not a lot of financing, which means little to no foreclosures. continued on pg. 92

A continuación presentamos las tendencias que vemos actualmente en lo que al mercado inmobiliario local se refiere.

El Punto de Venta es lo que Cuenta La tendencia que parece predominar cuando hablamos con inmobiliarias sobre el mercado local es que el precio por pie o metro cuadrado ya no es tan importante como lo fue en años pasados.

Hoy en día, los clientes tienen una cantidad específica, o límite de lo que están dispuestos a invertir, y desean evaluar el producto disponible a ese precio. Si quisieran dos recámaras, pero solo hubiera unidades de una a ese precio, es eso lo que visitarán—no es viable el intentar sacarlos de su presupuesto establecido.

Esto ha hecho que resurja la popularidad de condominios de una recámara, los cuales eran difíciles de vender en el 2007. En aquel entonces, los compradores buscaban una o dos habitaciones adicionales para visitantes, un cuarto de televisión u oficina, y estaban dispuestos a pagar por ellas. Por ende, los desarrolladores dejaron de incluir unidades de una recámara en su inventario—o las disminuyeron considerablemente—para construir unidades de tres recámaras. Ese ya no es el caso. Nuevamente son populares, ya que se encuentran justo en el presupuesto de muchos. El rango de precio más popular en el 2010 fue de $100,000 a $200,000 USD, y hoy continúa en pag. 92

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continued on pg. 198 Visite: www.virtualvallarta.com

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en día, los desarrolladores solo pueden ofrecer unidades de una recámara a ese precio.

El caso es igual con los gastos de mantenimiento para las propiedades. Los compradores tienen una idea en mente sobre lo que pueden pagar mensualmente. Y con las propiedades de una recámara siendo aproximadamente un 40% más pequeñas que las de dos, los gastos de mantenimiento también suelen ser 40% mas baratos, otra buena razón para considerar una propiedad de una recámara.

Economic Uncertainty Before we can expect any significant change in the market, uncertainty must decrease, especially with regard to the USA. Americans were the primary buyers of tourism real estate in Vallarta for years, ahead of Canadians and Mexicans, but that trend has been reversed. Americans are still uncertain about the strength and direction of their economy, the value of their homes and whether they have saved enough for retirement.

Although the US stock market has recovered, US real estate has not.

market is not going to bounce back as quickly as they would like. So, those who need or want to sell have become a lot more realistic with their listing price. As one realtor put it, it’s gone from the “How high can you price it?” of 2003 - 2007 to “How low can you get it?” As mentioned above, the market has firmed up in the lower end, but it’s difficult to determine if a bottom has been reached for higher-end properties because of a lack of demand.

As we mentioned last year, this uncertainty is reflected in the local real estate market, not only by a drop in the number of people looking at real estate but also by the fact that those who are looking are not rushing into anything or making quick decisions. They realize that properties are not selling briskly and they have time to look around to ensure they get what they want.

In years past, people typically viewed 7 to 10 properties before they were ready to make an offer. Today, it’s 25 to 35 properties. As one broker put it, there’s a lot of “hand holding” as clients are taken through the purchasing process, much more than in previous years. If not, the deal can go sideways.

More Diversified Market Five years ago, the tourism real estate market primarily was composed of American buyers, with some realtors estimating that sector as high as 75%.

Today, after the downturn in the US economy and the rise in value against the dollar for both Canadian and Mexican currencies, it’s leveled out so that it’s evenly distributed between the three groups. In 2010 it was the Canadians and the national market that kept realtors in business. While Canadians are buying real estate in regions all along the bay, Mexicans prefer areas such as Nuevo Vallarta or the Hotel Zone high rises. They already have what many Canadians or Americans are looking for—the quaint villages with plazas and cobblestone streets—back home in or near Guadalajara or in the Bajio region; they want something that looks more like Miami.

Sellers More Realistic It’s been three years since the market first began to slow down, and it seems sellers now realize the

Mega-Home Market As in the USA, 2003 - 2007 saw the average size of homes increase substantially, including

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Mercado Para Compradores Continúa siendo un mercado para compradores, especialmente mientras más altos son los precios.

En el extremo inferior del mercado, reportan los agentes inmobiliarios que los precios parecen estar estabilizándose, en especial bajo los $400,000 USD. La diferencia promedio entre el precio de lista original y el precio de venta ha sido de 15%. Arriba de los $400,000, no se trata tanto de que los precios estén disminuyendo.

Mas bien, hay una falta de interés en ese rango.

El primer trimestre registró mucha actividad en el rango del millón de dólares, pero se trató de propiedades originalmente listadas a precios más altos, y que fueron vendidas con descuentos del 35 al 50%. Para propiedades arriba $1 millón y medio USD ha habido muy poca actividad.

Y en cuanto a las listadas sobre $2.5 millones USD, se han vendido algunas, pero básicamente por la mitad del precio original. Efectivamente, el mercado se está ajustando, lo cual es saludable. Tradicionalmente, durante bajas en el mercado, Vallarta no ha sufrido grandes descensos en precios, ya que nuestro mercado es primordialmente en efectivo; no hay muchas opciones de financiamiento, lo que implica la ausencia de embargos hipotecarios.

Incertidumbre Económica Antes de notar un cambio significativo en el mercado, debe disminuir la incertidumbre, en especial en los Estados Unidos. Durante muchos años, los norteamericanos fueron los compradores principales de propiedades turísticas en Vallarta, con mayor presencia que los canadienses y mexicanos. Pero esta tendencia se ha invertido. Los norteamericanos siguen sin estar seguros en cuanto a la fuerza y dirección de su economía, el valor de sus propiedades y sobre si han ahorrado suficiente para su jubilación. Aunque la bolsa en los Estados Unidos se ha recuperado, los bienes raíces en dicho país no lo han hecho.

Como los mencionamos el año pasado, dicha incertidumbre se refleja en el mercado inmobiliario local, no sólo con un decremento de personas buscando adquirir propiedades, pero también porque dichas personas no están tomando decisiones apresuradas en cuanto a dichas adquisiciones. Están conscientes de que las propiedades no se están vendiendo rápidamente continúa en pag. 94

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the building of “McMansions.” Vallarta was no exception, with some incredible homes built during this time, especially along the North Shore of Banderas Bay. Although few of these homes actually came on the market, when they did, they were testing the market between $10 and $15 million. Nothing ever sold for that. For the few that did sell most recently, it was at a serious discount.

y se pueden tomar el tiempo necesario para encontrar lo que realmente desean. En años pasados, la gente solía evaluar entre 7 y 10 propiedades antes de tomar una decisión. Hoy en día el rango está entre 25 y 35.

Como lo comentó un agente, a los clientes hay que “llevarlos de la mano” a través del proceso de compra, mucho más que en años anteriores. De no ser así, se pueden echar para atrás.

At the current time, there is little interest in this part of the market. It involves a serious investment, which those who can do it don’t seem willing to do at this time. One architect I talked to recently, who specialized in this segment of the market, said it’s dead and he does not think it will be coming back for quite some time. He’s now designing condominiums projects, with a lot less amenities involved.

Vendedores Mas Realistas Han pasado tres años desde que el mercado local comenzó a decrecer y parece ser que los vendedores finalmente se están dando cuenta de que la recuperación no va a ser tan rápida como se esperaba. Por lo tanto, aquellos que tienen que, o quieren vender han puesto los pies en la tierra en cuanto al precio de lista. Un agente comentó que, mientras que del 2003 al 2007 se solía preguntar “¿Qué tan caro se puede vender? ahora la pregunta suele ser “¿Qué tanto podemos bajar el precio”. Como lo mencionamos anteriormente, el mercado se está estabilizando en el rango bajo, pero es difícil determinar si lo mismo ha sucedido en el rango mas alto por la falta de demanda de propiedades.

Developers, Get It or Lose It The market is particularly difficult for developers right now. They benefited greatly during the boom years, but now many find themselves with product that is not what people may be looking for, developed at costs that make it hard for them to adjust and be competitive. They find themselves competing with the re-sale market—which is seeing good activity—and, in some cases, with re-sales in their own projects.

Today, developers are carefully reconsidering the make-up of their inventory offerings, as mentioned previously, less three-bedroom units (if any) and more onebedroom units. Amenities (gymnasiums, restaurants, oversized pools, concierge service) that in the past helped draw in many buyers are now looked upon as negatives. Buyers are looking at the cost to the HOA to provide these types of amenities and are saying it’s too much, they don’t need it. The indulgences of earlier days that created lineups of interested buyers are now scaring some away.

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Un Mercado Mas Diverso Hace cinco años la mayoría de compradores de inmuebles turísticos eran norteamericanos, un sector que, de acuerdo a varias agencias, era de aproximadamente 75% del total. Hoy en día, después del descenso económico en Estados Unidos y el incremento del valor del peso y el dólar canadiense, ha cambiado el mercado, de tal modo que hay una proporción mas balanceada entre compradores de los tres países. En el 2010 fueron los canadienses y mexicanos quienes mantuvieron a muchos agentes inmobiliarios ocupados y con empleo. Y mientras que los canadienses están adquiriendo propiedades en toda la bahía, los mexicanos prefieren áreas como Nuevo Vallarta o los altos edificios de la Zona Hotelera: Ellos ya cuentan (en Guadalajara o el Bajío) con lo que muchos extranjeros buscan: las colonias típicas o calles empedradas, y buscan a cambio, algo que parezca mas como Miami. continúa en pag. 96

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Desarrolladores: O Captan o Pierden Estos tiempos son particularmente difíciles para los desarrolladores. Tuvieron mucha prosperidad en los años anteriores, pero hoy en día ofrecen productos que tal vez no sean lo que los compradores están buscando, y que fueron desarrollados con un margen de costo que les dificulta el poderlos ajustar para ser más competitivos. Su gran competencia es el mercado de reventa, en el cual está incrementando la actividad, y en algunos casos, reventa en sus propios desarrollos.

units and reducing the number of bedrooms for future phases. While there were 100-unit-plus developments with only three-bedroom units in the past, you can now find projects with mostly one-bedroom units or seriously downsized twobedroom units. New projects that are coming online tend to be smaller in overall size, along with the units themselves, and offer limited amenities, in order to be price competitive.

Remember, it’s all about price points now.

Long-Term Developers Positive Although there has been little or no new development taking place in the region, there continues to be interest from longterm development companies, which usually are looking 5 to 10 years down the line in accumulating large parcels of land for megadevelopments. For the first time in some time, we have large development/investment companies making offers on large tracts of land suitable for real estate/tourism development. They are confident the market will come back, and when it does, they will be ready to take advantage of it. continued on pg. 98

Mercado de Mega-Residencias Al igual que en Estados Unidos del 2003 al 2007, Puerto Vallarta demostró un incremento en la construcción de mega mansiones, con espectaculares residencias primordialmente en la Costa Norte de Bahía de Banderas. Aunque pocas de ellas entraron al mercado, las que lo hicieron fueron con precios de entre $10 y $15 millones USD. Nada se vendió a esos precios. Y las que se vendieron recientemente, fueron con grandes descuentos.

Hoy en día, hay muy poco movimiento en este segmento del mercado, ya que requiere de una inversión considerable, y aquellos que la pueden realizar, no parecen estar dispuestos a hacerlo por el momento. Un arquitecto especializado en el segmento con quien hablamos recientemente, nos comentó que no hay nada que hacer ahí y no piensa que eso vaya a cambiar por algún tiempo. Ahora se encuentra diseñando proyectos condominales con menos amenidades.

Hoy en día, los desarrolladores están reconsiderando cuidadosamente su inventario, y tratando de ofrecer, como mencionamos previamente, menos unidades de tres recámaras (o ninguna) y más de una recámara. Amenidades como gimnasios, restaurantes, piscinas enormes y servicios de concierge, los cuales solían ser atractivos importantes entre los compradores, ahora se perciben como negativos. Los compradores esperan que sus cuotas a las asociaciones de propietarios sean las que se encarguen de financiar dichas comodidades, y si estas cuotas son altas, prefieren no tenerlas. Los lujos que en años pasados atraían filas de compradores interesados ahora parecen alejar a algunos de ellos.

No hay mucha actividad en lo que a nuevos desarrollos se refiere. Los desarrolladores que ya iniciaron sus proyectos están reduciendo el tamaño de sus unidades, así como el número de recámaras en fases posteriores. Si antes contábamos con más de 100 desarrollos que ofrecían únicamente unidades con tres recámaras, hoy puedes encontrar proyectos con una mayoría de unidades de una recámara, o de dos recámaras pequeñas. Los nuevos proyectos tienden a ser menores en su escala total y por unidad, ofreciendo amenidades limitadas para poder mantenerse competitivos. Recuerda: ahora el punto de venta es lo que cuenta.

Desarrolladores a Largo Plazo, Optimistas Aunque no ha habido mucha actividad nueva entre los desarrollos de la región, el interés por parte de los desarrolladores de invertir en el destino a largo plazo continúa, y están considerando plazos de 5 a 10 años para adquirir grandes propiedades para nuevos mega-desarrolladores. Por primera vez en algún tiempo, los desarrolladores e inversionistas están proponiendo ofertas en grandes terrenos para desarrollo inmobiliario y turístico. Es decir, tienen confianza en el repunte del mercado, y cuando éste llegue, estarán listos para sacarle partido. continúa en pag. 98

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The Truth about Inventories (Graph) We recently contacted every development we could that was open for business and came up with 136 projects. Of these 136 projects, we calculated that they have about 2,300 units actively listed for sale.

This is down from a high of 7,200 in 2007.

La Realidad de los Inventarios (Gráfica) Recientemente contactamos a todos los desarrollos posibles y recopilamos una lista de 136 proyectos. De éstos, calculamos que tienen aproximadamente 2,300 unidades a la venta, un descenso considerable, comparando 7,200 unidades en el 2007.

However, what needs to be taken into consideration is a “shadow” market of dormant inventory. Since 2008 many developments have scaled back the size of their projects, with some cancelled, but many decided to only release product in phases. A good example would be Alamar. We originally included that this project had over 600 units for the market. However, they only released for three towers, and eventually even put the third tower on hold. This reduced the number of units they have on the market, but it doesn’t mean this product will not be released sometime in the future.

There are still around 500 units that Alamar will decide to introduce to the market at some point.

Sin embargo, debemos considerar el mercado “secundario” y su inventario.

Desde el 2008, muchos desarrollos comenzaron a disminuir el tamaño de sus proyectos, con algunos inclusive cancelados, pero muchos decidieron ofrecerlos en fases. Un ejemplo de esto sería Alamar. Originalmente registramos que el proyecto tenía más de 600 unidades. Sin embargo, únicamente pusieron tres torres al mercado y eventualmente pusieron la tercera en pausa. Esto redujo el número de unidades disponibles en el mercado, lo cual no significa que eventualmente no serán puestas a la venta en el futuro. Alamar todavía cuenta con aproximadamente 500 unidades, las cuales seguramente ofrecerán al mercado en algún momento.

We calculate that there are about 2,500 dormant units waiting on the sidelines.

Fortunately, they do not directly affect our market at this time, but any new developer considering starting up a new project in the region should be aware of this inventory. Since much of it hasn’t been constructed yet, although the land most likely has been paid for, they have the flexibility of introducing product that is more relevant to the current market, such as smaller units with fewer amenities, at perhaps a better price.

Por ende, calculamos que existen aproximadamente 2,500 unidades en espera de ser ofertadas. Afortunadamente, no afectan nuestro mercado hoy en día. Pero cualquier nuevo desarrollador las debe de tomar en cuenta. Dado que muchas ni siquiera han sido construidas a pesar de que seguramente sus terrenos ya fueron adquiridos, tienen la flexibilidad de poder introducir producto mas relevante para el mercado actual, como unidades mas pequeñas, menos amenidades y precios mas atractivos.

In 2007, 53 new projects came onto the market, providing a total inventory of 5,400 units. In 2009 only 8 new projects entered the market, with just 200 units. In 2010 there were 9 new projects, providing over 400 units.

En el 2007, entraron al mercado 53 nuevos proyectos con un total de 5,400 unidades. En 2009, sólo llegaron 8 nuevos con 200 unidades, mientras que en 2010, 9 proyectos fueron introducidos al mercado con más de 400 unidades.

Developer Inventory Levels 2007 - 2010

Se Acabó la Especulación—Al Menos Por Ahora La especulación fue un gran motor del mercado en años anteriores. Hoy en día, una inversión inmobiliaria debe tener sentido y validez por su propio mérito, con cualquier ganancia potencial considerada como un bono extra, y no una razón para realizar una compra. Ya no hay especuladores de una sola propiedad, inclusive entre los inversionistas hasta cierto punto, con algunas excepciones elocuentemente reportadas por las agencias inmobiliarias. Ha surgido un cambio de personas buscando adquirir una propiedad “vacacional” a una de “jubilación. Los compradores ahora buscan no sólo un lugar para vacacionar, sino también algo que se convierta en su residencia principal o secundaria en el futuro. Todo esto es bueno a largo plazo, pero lamentablemente no apoya a los vendedores y desarrolladores que quieren realizar ventas ahora.

Speculation Is Gone—At Least for a While Speculation drove a large part of the market in years past. Today, real estate investment has to make sense and stand on its own merit, any potential upside gain considered a bonus and not necessarily a reason for buying. Single-property speculators are gone, and even the investors, to some degree, except for some bottom feeders that every real estate agency reports dealing with. There’s been a shift from people buying a “vacation” property to now buying a “retirement” property. People are looking for a place not only to vacation in but to have as their primary or secondary home in the near future. This is all good long term, but it doesn’t help sellers and developers who want sales now. continued on pg. 100

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En cuanto a compras como inversión, Vallarta no cuenta con altos números de propiedades en embargo como se pueden encontrar en los Estados Unidos. Como la gran mayoría de propiedades adquiridas aquí son pagadas en efectivo, no hay necesidad de venderlas, a menos que sus propietarios estén pasados en gastos en casa. Este ha sido tradicionalmente en caso en Vallarta durante descensos previos en el mercado.

Las Rentas, Mas Comunes Cada vez más propietarios están considerado el mercado de arrendamiento.

Los presupuestos están más apretados, y propietarios que no hubieran considerado rentar sus unidades anteriormente, ahora lo están considerando para pagar utilidades y cuotas de propietarios. Esto está sobresaturando el continúa en pag. 100 Visit: www.virtualvallarta.com

With regard to investment buyers, Vallarta just doesn’t have the foreclosure or distress properties to the extent that can be found in the USA. Since properties here were purchased primarily with cash, there is no need to sell at this time unless the owner is over-extended back home. This traditionally has been the case for Vallarta in other downturns in the market.

Renting More Common More owners are entering the rental marketplace now. Budgets are tighter, and owners who would not have rented in the past are doing what they can to cover HOA and utility expenses. This is flooding what is an already saturated market. Short-term renters realize this and are bargaining, obtaining good rates. While rates will most likely go down, homeowners who wish to rent will need to offer not only better prices but also better services and extras, such as full maid service, a chef and/or bundled extras such as golf rounds, massage services and restaurant coupons.

Security a Concern With the increase in violence in Mexico between rival drug cartels and the police and soldiers trying to suppress them, along with the coverage it has been receiving in the American press, it’s understandable that people are concerned about security. However, the violence is concentrated mostly along the border and around Mexico City and has not affected Americans or Canadians living here, especially in this region of the country. Yet, no matter how safe it may be, there is no question that US media coverage of this—in our opinion, oversensationalizing it—is affecting the real estate market.

Lowered Expectations Coming out of this past recession, Americans have lowered their level of expectations considerably. The over-exuberance—the rush to use credit, feeling richer than perhaps they actually were—is mostly over. In its place comes a more realistic prospective homebuyer, who realizes that big is not always better and that they can actually get by with a lot less in regard to their home size and still have a great second-home-in-Vallarta experience.

As mentioned earlier, buyers are now coming to the market with a price they are comfortable investing, along with how much they can afford for monthly living expenses such as HOA fees and all that goes with owning a home. They realize they don’t really need the extra bedroom, especially when they see the difference in both purchase price and maintenance fees. They see the extras at condo projects, such as gyms or concierge services, not as nice amenities but as unneeded extra carrying costs. The Baby Boomers, who continue to be a large part of second-home buyers in the region, still want a second home somewhere warm during the winter; however, their expectations of what they need are more in line with what they can afford or should be investing.

An interesting trend that has come out of this is that people are looking at what are traditionally non-tourist-type properties, not social housing but a step above. These usually are gated communities of townhouses, which can provide a home of a decent size at a very affordable price, usually under $150,000. The most popular region for this is in and around Nuevo Vallarta and Flamingos.

Infrastructure Improvements Whenever a real estate market slows down or is on the downward side of a cycle, the region experiences a lull in development, along with those things related to it. Roadways are no longer actively trafficked by flatbed, container or dump trucks dispersing dust everywhere and creating heavy wear and tear on the road system, and utility services are no longer overly stressed. For most of the past decade, Vallarta seemed to be in a continual state of construction development; it never stopped.

It was like living in a never-ending construction job site.

When there’s this much development taking place, the government has difficulty keeping up and providing proper infrastructure. Well, they have continued on pg. 114

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mercado y aquellos que buscan rentar a corto plazo están conscientes de ello y, consecuentemente, encuentran mejores precios. Las cuotas seguramente disminuirán. Sin embargo, los propietarios que buscan rentar sus unidades tendrán no sólo que bajar sus rentas, sino también ofrecer mejores servicios y extras, como servicio de limpieza, chef, y otras amenidades como cuotas de golf, masajes y cupones para restaurantes.

La Seguridad, un Factor Importante Con el incremento de violencia entre diversos cárteles en México y la policía y ejército tratando de suprimirlos, sin olvidar la amplia cobertura que la prensa norteamericana ha realizado al respecto, es comprensible que la gente esté preocupada por su seguridad. Sin embargo, la violencia se ha dado en su mayoría en la frontera y en la Ciudad de México, sin afectar a los norteamericanos y canadienses que viven en el país, y en especial en esta región. Dicho eso, no importa qué tan seguro sea nuestro destino. Es indudable que la cobertura que han realizado dichos medios—en nuestra opinión, sensacionalista y exagerada—está afectando al mercado inmobiliario.

Expectativas Disminuidas Al salir de la reciente recesión, los norteamericanos han disminuido su nivel de expectación de manera considerable. La exuberancia excesiva—el abuso del crédito, y de un falso poder adquisitivo—ya pasó. En su lugar, ha llegado un propietario potencial mas realista, alguien que sabe que lo más grande no es necesariamente lo mejor, y que realmente puede salir adelante con menos, en cuanto al tamaño de su residencia, y aún así, tener una excelente experiencia con una segunda propiedad en Vallarta. Como lo mencionamos antes, los compradores se acercan al mercado con un precio establecido y un presupuesto que les permite vivir y pagar sus gastos de mantenimiento y otros relacionados con ser proletarios. Se dan cuenta de que realmente no necesitan esa recámara adicional, especialmente al comparar precios y gastos de mantenimiento.

Perciben amenidades como gimnasios y servicios de concierge no como tales, sino como gastos adicionales y no necesarios. Los “baby boomers” que continúan siendo entre los compradores principales en la región, aún desean tener una segunda residencia en algún lugar cálido durante el invierno. Sin embargo, su expectativa en cuanto a sus necesidades y presupuestos se refiere, es mucho más realista.

Una tendencia interesante que ha resultado a partir de lo anterior, es que muchos compradores están comenzando a considerar propiedades que no han sido consideradas como “turísticas.” No hablamos de vivienda social, sino de algo entre las dos. Usualmente se trata de pequeños cotos privados, los cuales pueden ofrecer una residencia de buen tamaño y a un buen precio, generalmente menos de $150,000 USD. Las regiones en las que más se ha visto esta tendencia son Nuevo Vallarta y Flamingos.

Mejoras en la Infraestructura Cuando disminuye la actividad en el mercado inmobiliario, o este se encuentra de bajada, la región geográfica manifiesta una falta de actividad en cuanto a desarrollo y actividades relacionadas. Las calles no son afectadas por camiones de carga esparciendo polvo por todos lados y desgastando la capa asfáltica de éstos. Por casi una década, Vallarta parecía estar en construcción constante, y sin parar. Era como vivir en una gran obra de construcción.

Cuando hay tanto desarrollo, es difícil para el gobierno el permanecer al corriente y ofrecer la infraestructura necesaria. Hoy en día, sin embargo, tienen más que suficiente tiempo para actualizarse, y es exactamente eso lo que está pasando. Y a pesar de que el municipio de Vallarta no cuenta con los recursos económicos suficientes, el alcalde parece estar realizando una buena labor al obtener recursos monetarios a nivel estatal y federal, para realizar mejoras importantes en toda la ciudad.

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plenty of time to catch up now, and that’s exactly what they are doing.

Although the Vallarta municipality certainly doesn’t have much in the way of financial resources, the mayor seems to have done a good job of obtaining funds on the state and federal levels to undertake major city works.

Currently, the Malecon is being extensively renovated; funding has been found to renovate at least half of the South Shore highway, along with a badly needed sidewalk; the main tunnel on the Libramiento is being widened to provide four-lane traffic; and the highway to Punta Mita is being redirected, straightened and widened between La Cruz and Pontoquitos. There are also a number of smaller projects going on all around bay. In downtown Puerto Vallarta, a number of new viewpoints have been renovated on the hillside behind town, along with sidewalks being rebuilt in a charming manner. This is all good. When the market cycle turns back up, Banderas Bay will be ready.

The 9/11 Trend All Over Again One realtor had an interesting take on a trend he believes is currently evolving. When 9/11 happened, it was thought that it would certainly slow down activity in the local real estate market, but it didn’t. As a matter of fact, it helped fuel the largest real estate boom Vallarta has seen. Americans were shocked, not just by the horrendous event itself but also by the wake-up call for some that it could have been them. This got some thinking that they weren’t getting any younger and should be working less instead of more, spending more quality time with family, traveling more and, perhaps, buying that condo they’d been thinking about down in Puerto Vallarta. The economic downturn that followed only elevated this sentiment.

This takes us to the Baby Boomers. They didn’t disappear, but their longawaited retirement was unfortunately delayed for some. Now that the economy seemingly is getting back on track—the US stock market up to nearly pre-crisis level—many have recovered any losses they incurred and can more seriously consider retirement or at least take further steps in that direction, like buying a condo in Puerto Vallarta.

The realtor’s take is that a pent-up demand is being created. Some people have called off buying, but many have just delayed it for awhile for reasons given earlier, but they still intend to buy. And each year brings even more who are holding off. But at some point, the moment is going to seem right for these buyers, and there will be a flood of them looking to buy real estate—perhaps not a tsunami, but something significant.

Additionally, in today’s financial markets it’s difficult to find good places to put your money. So some are thinking, Why not invest in a home in a warm place—where I can at least physically enjoy it—at prices that are looking quite good these days? He concludes that the recent uptick in activity he has seen is because the “demand” is now starting to come into the marketplace.

We’ll be keeping an eye on this particular trend!

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Actualmente el Malecón está siendo renovado de manera total, y se cuentan con los fondos suficientes para renovar por lo menos la mitad de la carretera de la costa sur, junto con una necesaria banqueta; el túnel del Libramiento se está ampliando con capacidad de cuatro carriles, y la carretera a Punta Mita está siendo ampliada entre La Cruz y Pontoquitos.

Existen otros proyectos urbanos actualmente en construcción alrededor de la bahía. En el centro de Puerto Vallarta, varios miradores han sido renovados en las colinas circundantes, junto con sus banquetas y escalinatas. Todo esto es bueno. Cuando el ciclo del mercado comience a ascender nuevamente, Bahía de Banderas estará lista.

La Tendencia “9/11” Regresó Un agente inmobiliario ofreció una interesante opinión sobre una tendencia que está evolucionando actualmente. Cuando sucedió la tragedia del 9/11, se pensó que la actividad en el mercado inmobiliario local disminuiría, pero, de hecho, no lo hizo. Es más, ayudó a incentivar la bonanza más grande que ha vivido Puerto Vallarta. Los norteamericanos estaban asombrados, no sólo por el horrible evento, sino por la cruda realidad de que les pudo haber sucedido a ellos, personalmente. Esto los hizo reflexionar al respecto y pensar que tal vez deben comenzar a disminuir su carga de trabajo, aumentar el tiempo familiar, viajar más y, tal vez, comprar el condominio que han estado deseando en Puerto Vallarta. La crisis económica que sucedió después, ayudó a impulsar este sentir.

Esto nos lleva nuevamente a los “baby boomers”. No desaparecieron, pero, para algunos, su anticipada jubilación tuvo que esperar un poco más de tiempo. Ahora que se está estabilizando la economía nuevamente— con la bolsa estadounidense casi al nivel anterior de la crisis—muchos han recuperado sus pérdidas y pueden nuevamente considerar su jubilación, o al menos comenzar a hacer planes al respecto, como el adquirir un condominio en Puerto Vallarta.

Lo que opina el agente es que se está creando una demanda potencial.

Algunas personas han decidido no comprar inmuebles, pero seguramente muchos sólo demoraron la compra—por un tiempo por los motivos mencionados anteriormente—pero siguen interesados en ella. Y cada año llegan cada vez más personas que parecen estar esperando el momento ideal.

Pero en algún momento, ese momento llegará para estos compradores, y seguramente habrá una “inundación” de aquellos buscando comprar un inmueble—tal vez no un tsunami, pero sin duda, algo considerable.

Adicionalmente, hoy en día en los mercados financieros, es difícil decidir en dónde guardar tu dinero. Así que algunos están pensando: ¿por qué no invertir en una residencia en algún lugar cálido, donde al menos pueda disfrutar de mi compra, y a precios cada vez mas atractivos? El agente concluye que el incremento reciente de actividad es porque dicha demanda está comenzando a manifestarse en el mercado. ¡Estaremos analizando esta tendencia en especial con mucho detalle!

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Popular Costa Vallarta Real Estate Regions and Developments The developments listed on the right-hand pages are part of Multi-Dev Vallarta, a multiple listing service (MLS) created to provide public online and realtor content regarding real estate developments in and around Puerto Vallarta. For more information on any of these developments, please check out www.vallartarealestateguide.com, where you’ll fine developer inventories, locations using Google Maps and full development descriptions.

Los desarrollos que aparecen en las páginas derechas forman parte de Multi-Dev Vallarta, un servicio de listados MLS creado para ofrecer información en línea sobre desarrollos de bienes raíces en Puerto Vallarta y sus alrededores, así como agencias de bienes raíces. Para más información sobre cualquiera de los desarrollos, visita www. vallartarealestateguide.com.

On the left-hand pages are descriptions of the most popular second- or retirement-home neighborhoods or regions around Vallarta. Aerial photos are supplied to give you a better idea of what these regions look like. More information can be found at www.MLSVallarta.com.

Las páginas izquerdas ofrecen descripciones de las colonias y áreas de Puerto Vallarta y sus alrededores más atractivas para aquellos que buscan adquirir una propiedad vacacional o para jubilación. Las fotos aéreas ofrecen una referencia de las regiones. Puedes encontrar más información sobre ellas en www.virtualvallarta.com.

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Conchas Chinas/Amapas

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COSTA VALLARTA

Costa Tortuga

Real Estate Map The following regions are the most popular real estate areas and are used by both MLS services (Multi-List Vallarta and Multi-Dev Vallarta) to help define where properties and developments are located.

Costa Nayarit North Shore (Costa Norte) Valle Nayarit Valle Jalisco Vallarta North (Vallarta Norte) Vallarta Central South Shore (Costa Sur) Costalegre

Rincon de Guayabitos

Lo de Marcos

San Francisco (San Pancho)

Sayulita

San Juan de Abajo Las Palmas

Valle de Banderas Litibu

Punta de Mita Costa Banderas

La Cruz de Huanacaxtle

San Jose del Valle Bucerias Ixtapa Flamingos

Mezcales Las Juntas

Nuevo Vallarta Jarretaderas Marina Vallarta Hotel Zone

Puerto Vallarta Conchas Chinas

El Pitillal Las Gaviotas

Versalles

Amapas

Garza Blanca

Mismaloya Boca de Tomatlan Quimixto Yelapa

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La Cruz and the North Shore

Amapas – Conchas Chinas Some say the best views in all Banderas Bay are from the hills of Amapas and Conchas Chinas. For many, that’s the primary reason for living in this exclusive zone just south of Vallarta’s downtown area, nestled in the foothills of the Sierra Madre.

For years, Conchas Chinas has offered some of the most exclusive homes and condominiums available around the bay. Recently, Amapas has followed suit with mostly mid-range condominiums. The views are spectacular, and the easy access to town has made this a favorite place to live for many.

Amapas – Conchas Chinas Algunos dicen que las mejores vistas de Bahía de Banderas se disfrutan desde las colinas de Amapas y Conchas Chinas. Para muchos, esa es la razón para vivir en esta exclusiva zona al sur de Vallarta, cobijada a los pies de la Sierra Madre.

Durante años, Conchas Chinas ha ofrecido algunas de las residencias y condominios más exclusivos disponibles en la bahía. Recientemente, Amapas le siguió principalmente con condominios de gama media. Las vistas son espectaculares, y la facilidad de acceso al pueblo ha hecho para muchos éste el lugar favorito para vivir.

Bucerias – La Cruz This has been a favorite area for homeowners for many years, especially when Puerto Vallarta became too big for some, who headed north to the relatively small towns of Bucerias and La Cruz. But now there are a number of large developments situated between the two towns, as well as a new marina facility.

Bucerías – La Cruz Durante años ha sido un área favorita para los propietarios de casas, especialmente cuando Puerto Vallarta se volvió demasiado grande para algunos, quienes se dirigieron al norte a los pueblos relativamente pequeños de Bucerías y La Cruz.

Sin embargo, ahora hay un buen número de desarrollos grandes situados entre los dos pueblos, así como unas nuevas instalaciones de marina.

These two towns have plenty of character and reflect the strong culture of Mexico. If it’s Mexico you are looking for, you’ll find it here more so than in neighboring Flamingos or the North Shore. The area has strong markets for both homes and condominiums on the beach, hillside and in the towns.

Real estate development for the marina is yet to come.

Estos dos pueblos tienen bastante carácter y reflejan una fuerte cultura mexicana. Si México es lo que estás buscando, lo encontrarás más aquí que en las áreas vecinas de Flamingos o la Costa Norte. Esta área tiene importantes mercados para casas y condominios en la playa, en la montaña y en los pueblos. El desarrollo de bienes raíces en la marina está todavía por venir.

Costalegre At Boca de Tomatlan, the coast highway turns toward the mountains, winding its way through pine forests before eventually returning to the coast. Because the road is so curvy and far from the coast, the area has seen very little home or condominium development. But it will be coming. New roads have been constructed from the main highway to the coastline, opening it up for development.

Costalegre En Boca de Tomatlán, la carretera costera gira hacia las montañas, encontrando su camino a través de bosques de pinos antes de eventualmente volver a la costa. Debido a que el camino es tan sinuoso y alejado de la costa, esta área ha tenido muy pocos desarrollos de residencias y condominios. Pero ya vendrán; se están construyendo nuevos caminos desde la carretera principal hacia la costa, abriendo posibilidades para nuevos desarrollos. Más hacia el Sur por la carretera

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Hotel Zone and Marina Vallarta Farther down the highway, there are a number of small towns and exclusive developments, but only Careyes has an active real estate market. Careyes is about three hours from Vallarta and offers exclusive, high-end homes perched along the cliffs of Careyes bay.

hay algunos pueblos pequeños y desarrollos exclusivos, pero sólo Careyes tiene un mercado activo de bienes raíces. Careyes está aproximadamente a tres horas de Vallarta y ofrece residencias exclusivas de gama alta, empotradas en los acantilados de la bahía de Careyes.

El Centro There’s no doubt that living in the heart of downtown is attractive for many who move to Puerto Vallarta specifically for the romantic life suggested by strolling along the Malecón on a sunny Sunday, surrounded by the friendly faces of Mexico. This is where tourism real estate began in Puerto Vallarta, with builders such as Wulff and Romero constructing homes for gringos on the hills behind town and along the Cuale River (hence, the nickname “Gringo Gulch”). Traditional homes dot the hillside, offering wonderful views of the town and bay.

Although there are a few small condo projects here, most are located along Los Muertos to the south. This is the town’s most popular beach, with an active day and nightlife along Olas Altas Street above the beach. Along the Malecon, which stretches from one end of town to the other, there are mostly shops, restaurants and nightclubs, with few homes or condominiums. But if you like to be close to the best restaurants and nightlife, this is the place to be.

El Centro No cabe duda que vivir en El Centro de la ciudad resulta atractivo para muchos de los que se mudan a Puerto Vallarta específicamente por la vida romántica que sugiere caminar a lo largo del Malecón en un domingo soleado, rodeado por los rostros amigables de México. Es aquí donde el turismo de bienes raíces inició en Puerto Vallarta, con constructores como Wulff y Romero creando casas para “gringos” en las montañas detrás del pueblo y a lo largo del río Cuale (de ahí el nombre de “Gringo Gulch”). Las casas tradicionales adornan la ladera de la montaña, ofreciendo maravillosas vistas del pueblo y la bahía. Aunque hay algunos pequeños proyectos de condominios aquí, la mayoría están ubicados a lo largo de Los Muertos, hacia el sur. Esta es la playa más popular del pueblo, con una activa vida diurna y nocturna a lo largo de la calle Olas Altas, a un lado de la playa.

A lo largo del Malecón, el cual se extiende desde un extremo del pueblo al otro, principalmente hay tiendas, restaurantes y clubes nocturnos, con pocas casas o condominios. Si quieres ubicarte cerca de los mejores restaurantes y vida nocturna, este es el lugar.

Hotel Zone Aptly named, this area is where most of the hotels have been built as Vallarta has grown over the years. It starts at Marina Vallarta and extends south along the coastline to downtown Puerto Vallarta. Most recently, the coastline has become popular for the development of high-rise condominiums, not just hotel rooms. The location is convenient, easy to reach from both downtown and the airport, as well as the coastal highway heading north and south.

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Zona Hotelera Con un nombre muy apropiado, este es el área donde se han construido la mayoría de los hoteles mientras Vallarta ha crecido a lo largo de los años. Comienza en Marina Vallarta y se extiende hacia el sur a lo largo de la costa hacia el centro de Puerto Vallarta. Recientemente, la línea costera se ha vuelto popular por el desarrollo de condominios de gran altura, y no sólo por sus habitaciones de hotel.

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Alamar

coto san xoaquin

Country club

Type: 125 Condos

Type: 40 Homes

Type: 272 Lots

Location: La Cruz de Huanacaxtle

Location: Garza Blanca

Location: Nuevo Vallarta

This luxury gated community covers 100 acres, of which only 20% will be built.

Alamar offers not only expansive, fly-high views of the bay but also a private enclave within a manicured jungle. Extensive amenities include the finest beach club on the bay, multiple common area pools, a health club and a shopping village.

Buildings will be contemporary in design, with complete focus on bay views from every single residence, as well as additional views of the surrounding lush, rolling jungle.

This private gated community of exclusive, custom-designed, freestanding villas and home sites, with several already built and sold, each with sweeping ocean views and meticulously designed floor plans, offers homeowners the ultimate in leisure living, highlighted by the privacy, comfort and security of a master-planned community located only two miles south of downtown.

Designs for each home are intended to ensure that owners enjoy the best ocean views and preserve the natural setting.

This unique development features an amazing array of amenities, high-quality infrastructure and strict building standards, all designed to ensure the lifetime desirability of the development and peace of mind for its future residents. To maintain the utmost in privacy and security, a seven-kilometer barrier encircles the entire development, while privileged access to a private beach club, golf course, marina, spa and recreation center provides residents with the ultimate in recreational amenities.

Grupo Real del Mar (329) 295-5360 info@alamar-vallarta.com www.alamar-vallarta.com

P.V. Realty (322) 222-4288 info@pvre.com www.sanxoaquin.com

Paradise Village Real Estate (322) 226-6763 hgonzalez@paradisevillagegroup.com www.paradisevillage.com

delcanto

flamingos orquideas

grand marina villas

Type: 250 Condos

Type: 56 Condos

Type: 83 Condos & 24 Homes (sold out)

Location: Flamingos

Location: Flamingos

Location: Nuevo Vallarta

Located in front of the Flamingos beach, this renowned real estate development stands out for the exceptional quality of its details and commitment to top-notch service. Offering great amenities, such as spa, gym, game room, snack bar, deli, concierge service, pools and beach services, Delcanto is designed to afford comfort and enjoyment of a luxurious lifestyle on the Riviera Nayarit coastline. Every detail at Delcanto was carefully planned to create a private and safe place for residents.

This private, exclusive residential condominium development features 56 affordable units and is close to golf courses, sports facilities, shopping malls and beautiful beaches. The units feature three bedrooms, mini-split air conditioning and granite countertops. Some of the amenities of this condominium community include a swimming pool, ample green areas, a palapa for gatherings, security, access to sports facilities and access to golf courses with special discounts.

A unique combination of condominiums and villas set into four separate clusters each with private pool and facilities, this development is for all those who love the sea whether om a boat, or a beautiful sandy beach. All units feature the conveniences and luxuries of home: full kitchens, spacious living areas, luxurious bathrooms, outdoor terrace and much more. Owners will enjoy privileged access to Paradise Village’s exclusive recreational amenities and benefits.

Mexico Alive (322) 297-4115 info@mexicoalive.com www.delcanto.com.mx

Flamingos Orquideas (329) 298-5006 flamingosorquideas@gmail.com www.flamingosorquideas.com

Paradise Village Real Estate (322) 226-6763 hgonzalez@paradisevillagegroup.com www.paradisevillage.com

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Marina Vallarta towns such as Pitillal, along with residential neighborhoods of differing ages and affluence. This area is well-serviced by a number of shopping centers and stores, such as Sam’s, Wal-Mart, Soriana and Costco.

Marina Vallarta Marina Vallarta began with a dream of creating a new lifestyle on Banderas Bay, where sailboats, yachts and fishing craft could count on a safe harbor.

Today, Marina Vallarta is a planned community that includes residential sites, a shopping mall, a school, condominiums, first-class hotels and professional landscaping throughout. Work on the 450-boat-slip marina itself began in 1986, and by 1990 the marina was in full swing, although it was 1993 before it was completed (ahead of schedule). Now, there are high-rise condominiums along the shoreline, marina-front condos, and homes and small development condominiums along the fairways of the Marina Vallarta Golf Course. It’s an excellent location that’s close to the airport and not far from downtown Puerto Vallarta.

North Shore One of the fast-growing areas of the bay, the region between La Cruz de Huanacaxtle and Punta de Mita is often referred to as the “North Shore” (Costa Norte), since it’s the north shore of Banderas Bay. It includes a number of new developments, as well as a few established ones, on a fantastic stretch of sandy beaches and coves. While some areas offer beachfront, others provide oceanfront or ocean-view residences, with numerous options for a luxurious but laid-back lifestyle. Development here has been mostly high-end luxury homes and, most recently, some larger condominium developments.

The only urban areas are at the point of Punta de Mita, where the towns of El Corral del Risco and Emiliano Zapata (also known as El Anclote) are located. There are a few small condominium projects along the beach here, with reasonably priced homes and lots situated behind.

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Además, mientras Vallarta ha crecido, ha crecido tierra-adentro, incluyendo desarrollos como Fluvial y Versalles, y pueblos como el Pitillal, junto con colonias residenciales de diferentes etapas y precios.

Esta área tiene buenos servicios gracias a centros comerciales y tiendas como Sam’s, Wal-Mart, Soriana y Costco.

Marina Vallarta Marina Vallarta comenzó con el sueño de crear un nuevo estilo de vida en Bahía de Banderas donde los veleros, yates de lujo y de pesca pudiesen llegar a puerto seguro. Hoy es una comunidad planeada que incluye sitios residenciales, un centro comercial, escuela, condominios, hoteles de primera categoría y arquitectura de paisaje profesional en toda su extensión.

El trabajo en los 450 embarcaderos de la marina comenzó en 1986, y para 1990 ya estaba en pleno desarrollo, aunque fue completada en 1993 (antes de lo planeado). Ahora hay condominios a lo largo de la costa y frente a la marina, casas y pequeños desarrollos de condominios a lo largo de los fairways del Campo de Golf Marina Vallarta. Es una ubicación excelente, cerca del aeropuerto y de El Centro de Puerto Vallarta.

Costa Norte Una de las áreas de más rápido crecimiento en la bahía, la región entre La Cruz de Huanacaxtle y Punta de Mita a menudo es llamada Costa Norte, puesto que está en la costa norte de Bahía de Banderas. Incluye un buen número de desarrollos nuevos, así como algunos ya establecidos sobre una fantástica extensión de playas y caletas. Mientras algunas áreas ofrecen frente de playa, otras ofrecen vista o frente al mar, con numerosas opciones para un estilo de vida lujoso y relajado. El desarrollo aquí ha constado principalmente de lujosas residencias de gama alta, y recientemente algunos grandes desarrollos en condominio.

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HAIXA

grand venetian

ibiza ii

Type: 529 Condos

Type: 164 Condos

Type: 39 Condos

Location: Hotel Zone

Location: Litibú

Location: Nuevo Vallarta

Near Puerto Vallarta’s main boulevard, you will find the Grand Venetian, an ambitious development that stands out for its extraordinary spaces, evoking a sumptuous and elegant style. Composed of three majestic towers that rise in front of Banderas Bay, the Grand Venetian offers its residents a variety of amenities and services, such as infinity pools, world-class spa, business center, movie theater, game room and billiard table, fitness center, tennis court and children’s playgrounds.

Haixa is the Huichol Indian word for “source” or “spring” and refers to the origin of life in water. Its luxurious apartments, as well as penthouses, feature a living/dining area surrounded by expansive wrap-around balconies and breathtaking views of the ocean, jungle and/or Greg Norman golf course. The modern furniture, appliances and details are perfect complements to the surrounding beauty. Amenities include concierge services, fitness center, spa, private gated 24/7 security and owners’ lounge.

This low-rise condominium project of only 39 condominium residences is located in the heart of El Tigre Golf and Beach Club.

The developer is the experienced Alejandro Iñiguez contracting group, which has been building in this market for more than 20 years. Featuring a large common pool with palapa and ample parking space, Ibiza II is an affordable property with many amenities, such as a world-class golf club and sports club, beach club, marina and spa.

Grand Venetian Bay View Grand (322) 225-1794 angelicalara@bvg.com.mx www.bvg.com.mx

Haixa (322) 209-1211 jarteaga@frava.com.mx www.haixa.com

Ibiza II 044 (322) 779-9310 haglez@hotmail.com

ikal residencial

La joya huanacaxtle

La Mision de Mita

Type: 37 Homes & Lots (Phase I)

Type: 89 Condos

Type: 28 Condos

Location: Nuevo Vallarta

Location: La Cruz de Huanacaxtle

Location: Punta de Mita

Created by GVA, one of the most renowned architectural firms in Latin America, Ikal (meaning “poetry” in Mayan) is a residential community that offers comfort and affordability in one of the most desirable neighborhoods of Banderas Bay. First-class infrastructure and amenities include underground utilities, roads with cement trimming, decorative cobblestone, extensive green areas and an artificial lake, administration services, rental program (optional) and visitors’ parking lot.

Perfectly located within walking distance of the marina pier at La Cruz de Huanacaxtle, La Joya de Huanacaxtle offers two- and three-bedroom units with ample terraces and quality finishes. The overall design of La Joya de Huanacaxtle is modern on the exterior, with treatments that fit the ambiance of the pueblo, while interiors have finishes that celebrate Mexican colors and textures. Lots of landscaped green space, a huge infinity pool and gym facilities are offered, as well as underground parking.

This brand-new condominium project located across the street from the ocean is composed of 8 one-bedroom units, 11 two-bedroom + office units, 3 threebedroom units, 5 three-bedroom + office penthouse units and 1 four-bedroom + office penthouse unit. All offer granite countertops, marble shower stalls, stainless steel faucets and fixtures, state- of-the-art water filtration system and storage space.

Frava Real Estate (322) 186-0606 jarteaga@frava.com.mx www.ikalvallarta.com

Grupo Real del Mar (329) 295-5360 info@ljh.com.mx www.ljh.com.mx

La Mision de Mita (329) 291-6283 lamisiondemita@gmail.com www.mitacondos.com

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Nuevo Vallarta

Nuevo Vallarta – Flamingos As one of the fastest growing, most successful investment regions in the state of Nayarit, the mega developments of Nuevo Vallarta and Flamingos are known best for the full spectrum of real estate types and amenities they offer, including three golf courses and two marinas. Situated along the longest beach in the bay, stretching from the Paradise Village Marina to Bucerias, there are fairway homes and condos, beachfront homes (but mostly condos) and canal-side opportunities.

If access to the ocean is important to you, as well as golf, this area is probably your best option. Prices are mid-range for the most part, and there’s plenty to choose from. The southeast border of this area is the Ameca River and the main highway; therefore, the town of Jarretaderas is included, as well.

Riviera Nayarit Norte As you travel north beyond Banderas Bay, the mountains hide the Pacific coastline until the highway zigzags through them to once again connect with the shore. This coastline can also be reached via Punta de Mita, taking a back road along the coast from Punta de Mita to Sayulita. Along this road, the new oceanfront FONATUR development of Litibú features an 18-hole golf course with preliminary condo, hotel and fairway home opportunities. Farther along toward Sayulita, there are a few small towns and developments built along the rugged coastline.

At Sayulita, the road cuts back in and connects with the main highway (Carr. 200 Norte). Whereas Punta de Mita is high-end luxury real estate, fun and funky Sayulita offers low- to mid-range real estate pricing, a surf destination that is becoming more stylish and chic.

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Las únicas áreas urbanas están en la punta de Punta de Mita, donde los pueblos de El Corral del Risco y Emiliano Zapata (también conocida como El Anclote) están ubicados. Aquí hay unos cuantos proyectos en condominio a lo largo de la playa, con residencias de precios razonables y algunos lotes ubicados detrás.

Nuevo Vallarta – Flamingos Se trata de una de las inversiones más exitosas y de más rápido crecimiento en el estado de Nayarit; los mega-desarrollos de Nuevo Vallarta y Flamingos son mejor conocidos por el amplio espectro de tipos de bienes raíces y atractivos que ofrecen, incluyendo tres campos de golf y dos marinas. Están ubicados en la extensión más larga de playa en la bahía, que va desde la Marina del Paradise Village hasta Bucerías, y ofrecen casas y condominios en los fairways, residencias frente a la playa (aunque se trata principalmente de condominios) y propiedades al lado de los canales.

Si el acceso al mar y el golf son importantes para ti, esta área probablemente es tu mejor opción. Los precios son principalmente de gama media, y hay bastante de dónde elegir. La frontera sureste de esta área son el río Ameca y la carretera principal, por lo que el pueblo de Jarretaderas también está incluido aquí.

Riviera Nayarit Norte Mientras viajas al norte más allá de Bahía de Bandearas, las montañas esconden la costa del Pacífico hasta que la carretera vuelve a serpentear a través de ellas para una vez más conectar con la costa. También es posible acceder a esta línea costera desde Punta de Mita, tomando una carretera a lo largo de toda la costa desde Punta de Mita hasta Sayulita. Ubicado en este camino se encuentra el nuevo desarrollo de

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LA RESERVA RESIDENCIAL

LAguna azul

LA Vida

Type: 134 Homes

Type: 23 Condos & Homes

Type: 16 Lots

Location: Mezcales

Location: Bucerias

Location: El Portezuelo

La Reserva Residencial is a gated community located between Nuevo Vallarta and Flamingos, with ample green areas, a large heated swimming pool, Jacuzzi and gardens with palapa, clubhouse, gym, jogging track and commercial area. This one-of-a-kind development features an extensive array of amenities and is located just 10 minutes from the Puerto Vallarta international airport and less than five minutes from the beach, the marina at Nuevo Vallarta, malls and three golf courses.

This exclusive private resort is located in the romantic seaside village of Bucerias. The quality and distinction built into each of the homes is truly impressive, all units featuring spacious entryways with master-crafted stone rugs, terracotta floors with pebble accents, tropical hardwoods, exquisite artisan-crafted lighting fixtures, Wolf appliances and remote-controlled zone air conditioning.

On-site amenities include an infinity pool, Jacuzzi, beach clubhouse, 24-hour security, parking and storage space.

Laguna Azul is located at El Portezuelo, facing the beautiful Laguna Agua Dulce.

Laguna Azul is divided into 16 individual lots that can be purchased separately or as a whole. The lots are big enough to build a villa or a brand-new development, sizes varying from 10,000 to 16,000 sq meters.

These lakeside home sites boast spectacular ocean, mountain and, of course, lake views; dawns and sunsets can really be appreciated.

The wildlife is also rich in the area, with raccoons, possums and sometimes deer.

La Reserva Residencial (322) 297-6943 ventas@lareservapv.com www.lareservapv.com

La Vida (329) 298-0300 lavida.management@gmail.com www.lavida.com

Ron Morgan Properties (322) 222-6678 ron@ronmorgan.net www.ronmorgan.net

Los altos Villas

Los veneros

LUMA

Type: 40 Condos

Type: 66 Condos & 25 Residence Club units

Type: 230 Condos (approximately)

Location: Vallarta Central

Location: Costa Banderas

Location: Nuevo Vallarta

This newly built condominium project located just blocks from the heart of town offers the cachet of luxury features, panoramic views and two refreshing pools. From the granite countertops and stainless steel appliances in the kitchen to the beautiful ceramic tile floors, these condos are an ideal combination of modern convenience and traditional flair.

This low-density residential community distinguishes itself with its spectacular ocean views and architectural details, all in complete harmony with the surroundings.

The residences at Los Veneros have been designed to maximize oceanfront living.

Recreational amenities include inviting swimming pools; a beach club with bar and grill; fitness, wellness and spa services; and an ocean activities center. The community also features a large reception and Discovery Center, lush gardens and walking trails.

Luma is a masterpiece of contemporary Mexican design, defined by bold, sculptural forms and extraordinary handcrafted details. Spacious, modern homes are designed around dramatic ocean and mountain views and feature a wealth of sophisticated appointments: high-speed Internet connections, hi-tech security, American-style health care, beach club bar, multipurpose room, art gallery, library, business center, and a full English-speaking staff to complete the picture.

Coldwell Banker La Costa (322) 223-0055 brock@cblacosta.com www.losaltosvillas.com

Los Veneros (329) 291-7085 mauricio@losveneros.com www.losveneros.com

Luma (322) 226-7290 iescamilla@grupokrone.com www.lumaliving.com

Visite: www.virtualvallarta.com

VALLARTA Lifestyles | 115

MDV Development Directory Type

Project

Region

Units Bedrooms Situation

Price Range

Condos

Alamar

North Shore

125

1, 2, 3

Hillside/Ocean View

Starting at $270,000

Condos

Delcanto

Valle Nayarit

250

2, 3

Beachfront

Starting at $325,000

Condos

Flamingos Orquideas

Valle Nayarit

56

3

Across Golf Course

Starting at $135,000

Condos

Grand Marina Villas

Valle Nayarit

83

1, 2, 3

Marina

From $213,647 to $468,142

Condos

Grand Venetian

Vallarta North

529

1, 2, 3, 4

Beachfront

Starting at $199,000

Condos

Haixa

Costa Nayarit

164

1, 2, 3

Oceanfront/Golf

From $301,000 to $802,000

Condos

Ibiza II

Valle Nayarit

39

2

Golf Course

Starting at $313,000

Condos

La Joya Huanacaxtle

North Shore

89

2, 3

Oceanside

Starting at $195,000

Condos

La Mision de Mita

North Shore

28

1, 2, 3, 4

Ocean View

Starting at $212,000

Condos

La Vida

North Shore

12

3, 4

Ocean View

From $540,000 to $1,200,000

Condos

Los Altos Villas

Vallarta Central

40

2

Hillside

Starting st $169,000

Condos

Los Veneros

North Shore

66

3, 4

Beachfront

From $833,831 to $1,891,866

Condos

Luma

Valle Nayarit

230

1, 2, 3

Beachfront

From $500,000 to $1,500,000

Condos

Marina Ibis

North Shore

6

2

Ocean View

Starting at $198,000

Condos

Marival Residences & World Spa

Valle Nayarit

162

1, 2, 3, 4

Oceanside

From $266,000 to $1,350,000

Condos

Nautica La Cruz

North Shore

12

1, 2

Oceanside

From $142,000 to $430,000

Condos

Nautilus Residences

Vallarta Central

6

3

Beachfront

Starting at $1,465,000

Condos

Nima Bay

Vallarta North

217

1, 2, 3

Marina

Starting at $337,000

Condos

Pelagio Signature Residences

Vallarta Central

6

3, 4

Hillside

Starting at $1,578,600

Condos

Playa Royale

Valle Nayarit

309

1, 2, 3

Beachfront

From $429,859 to $627,314

Condos

Portamar

Vallarta North

32

3

Centrally Located

From $176,500 to $255,625

Condos

Puerta al Mar

Vallarta Central

8

2, 3

Beachfront

From $500,000 to $1,050,000

Condos

Punta Esmeralda

North Shore

139

2, 3

Oceanfront

Starting at $420,000

Condos

Punta Mita El Encanto

North Shore

15

3

Golf Course/Ocean View

From $1,050,000 to $1,250,000

Condos

Punta Vista Signature Residences North Shore

22

2, 3, 4

Beachfront

Starting at $1,000,000

Condos

Quinta del Mar

Valle Nayarit

24

3, 4

Beachfront

From $850,000 to $2,300,000

Condos

Rivera Cuale

Vallarta Central

37

1, 2, 3

Riverfront

Starting at $149,000

Condos

Sayan Tropical Condominiums

Vallarta Central

36

2, 3, 4

Beachfront

From $349,000 to $1,100,000

Condos

Sierra del Mar at Los Arcos

South Shore

18

3

Beachfront

Starting at $787,500

Condos

Terraza del Mar

Vallarta Central

20

2, 3

Hillside

From $399,000 to $499,000

116 | VALLARTA Lifestyles

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Directorio de Desarrollos MDV Type

Project

Region

Units Bedrooms Situation

Price Range

Condos

Vallarta 399

Vallarta Central

59

1, 2

Centrally Located

From $129,990 to $438,990

Condos

Villa La Estancia

Valle Nayarit

125

2, 3

Beachfront

Starting at $970,000

Condos

Villas Alta Vida

Vallarta Central

3

3

Hillside

From $1,650,000 to $1,950,000

Condos

Villas de la Colina II

Vallarta Central

42

2, 3, 4

Hillside

From $175,000 to $895,000

Homes

Coto San Xoaquin

South Shore

40

2

Hillside

Starting at $825,000

Homes

Ikal Residencial

Valle Nayarit

6

2, 3

Golf Course

From $229,000 to $339,000

Homes

La Reserva Residencial

Valle Nayarit

134

3

Ecological Reserve

Starting at $115,000

Homes

La Vida

North Shore

11

3, 4

Beachfront/Ocean View

From $850,000 to $1,500,000

Homes

Marina Yubarta

Vallarta North

17

3

Golf Course/Gardens

From $273,000 to $360,000

Homes

Marival Residences & World Spa

Valle Nayarit

7

3

Oceanside

Starting at $1,070,100

Homes

Punta Esmeralda

North Shore

27

3, 4

Oceanfront

Starting at $875,000

Homes

Punta Mita El Encanto

North Shore

10

4

Oceanfront/Golf Course

Starting at $2,150,000

Homes

Punta Mita Four Seasons Villas

North Shore

54

4

Oceanside/Hillside

Starting at $2,600,000

Homes

Punta Sayulita

Costa Nayarit

10

3, 4

Oceanfront/Ocean View

Starting at $1,500,000

Homes

Royal Amapas

Vallarta Central

4

3, 4

Hillside

From $995,000 to $1,195,000

Homes

San Pancho

Costa Nayarit

60

2, 3

Oceanside

Starting at $400,000

Townhouses Punta Mita El Encanto

North Shore

4

3

Ocean View

Starting at $750,000

Townhouses Ucuatro Palma Residencial

Valle Nayarit

32

3

Club Flamingos Residencial Starting at $187,000

Lots

Country Club

Valle Nayarit

272

N/A

Golf Course

From $239,669 to $4,581,062

Lots

Ikal Residencial

Valle Nayarit

31

N/A

Golf Course

Starting at $85,000

Lots

Laguna Azul

Costalegre

16

N/A

Lakeside

From $297,612 to $360,770

Lots

Marina Yubarta

Vallarta North

11

N/A

Golf Course/Gardens

From $90,000 to $255,000

Lots

Puerto Bahía Villas & Spa

North Shore

77

N/A

Ocean View

Starting at $95,000

Lots

Punta Mita Kupuri

North Shore

14

N/A

Beachfront/Oceanside

From $1,520,000 to $3,740,000

Lots

Punta Sayulita

Costa Nayarit

2

N/A

Oceanfront/Ocean View

Starting at $2,000,000

Fractional

Los Veneros

North Shore

25

3, 4

Beachfront

Starting at $150,000

Fractional

Villa La Estancia

Valle Nayarit

10

2, 3

Beachfront

Starting at $170,000

Fractional

Villas de la Colina II

Vallarta Central

42

2, 3, 4

Hillside

Starting at $20,000

Disclaimer: We have tried to be as accurate as we can with this information; however, all information provided should be verified with the developer/real estate office.

Aclaración: Hemos tratado de que la información sea lo más acertada posible; sin embargo, ésta debe ser confirmada con el desarrollador u oficina de bienes raíces representante.

Visite: www.virtualvallarta.com

VALLARTA Lifestyles | 117

Punta de Mita

South Shore The boundless green jungle and surf-splashed rocks of a coast interspersed with private coves distinguish the South Shore, where rugged, low-density residences, along with villas and other homes, dot the coastline on the curving road toward Barra de Navidad, providing views of the constantly changing palette of the bay.

Where Conchas Chinas ends, the South Shore begins, stretching south to the small community of Boca de Tomatlan. This is where the region’s first gated hillside communities were built. Today, there are a number of them, offering mostly single-family residences or villas. The coastline has some homes built along the cliffs, but most development has been for condominiums.

Valle de Jalisco On the Jalisco side of the valley, extending from the Ameca River (the northwest border) eastward around Vallarta and Pitillal, is the Valle Jalisco area. It also includes everything along the highway from Marina Vallarta, around the airport, and back into the valley.

This area includes mostly low-end residential homes, businesses and farms, with little tourism real estate development. The main small towns on this side of the river are Las Juntas, Ixtapa and Las Palmas. The road through these towns eventually heads into the hills to towns in the Sierra Madre: San Sebastian, Mascota and Talpa.

118 | VALLARTA Lifestyles

continued on pg. 120

FONATUR llamado Litibú, el cual cuenta con un campo de golf de 18 hoyos con oportunidades preliminares para adquirir propiedades en condominio y hotel frente a los fairways. Siguiendo hacia Sayulita, hay algunos pequeños pueblos y desarrollos construidos a lo largo de la escarpada línea costera. En Sayulita, el camino gira y se conecta con la carretera principal (Carr. 200 Norte). Mientras que Punta de Mita es una propiedad de lujo y gama alta, el divertido y ecléctico Sayulita ofrece precios de bienes raíces bajos y medios, en un destino de surf que se está volviendo más de moda y chic.

Costa Sur El infinito verde de la selva y las rocas bañadas por la marea en una costa agraciada con caletas privadas distingue a la Costa Sur, donde las residencias de baja densidad, así como villas y otras casas demarcan la línea costera en camino hacia Barra de Navidad, ofreciendo vistas de la siempre cambiante paleta de color de la bahía.

Donde Conchas Chinas termina, la Costa Sur comienza, extendiéndose hacia el sur hacia la pequeña comunidad de Boca de Tomatlán. Es aquí donde se construyeron las primeras comunidades privadas en la montaña de la región. Hoy hay un buen número de ellas, ofreciendo principalmente residencias unifamiliares y villas. La línea costera tiene algunas casas construidas en los acantilados, pero la mayor parte del desarrollo ha sido en condominios.

continúa en pag. 120

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marina ibis

marina yubarta

Type: 6 Condos

Type: 28 Homes & Lots (Phase I)

marival residences & world spa Type: 169 Condos & Homes

Location: La Cruz de Huanacaxtle

Location: Marina Vallarta

Marina Ibis is an extraordinary complex of only six inviting and luxurious condominiums located just a few steps from the beach of La Cruz de Huanacaxtle and 30 minutes from the Puerto Vallarta international airport. These contemporary-designed condominiums are approximately 130 sq meters in size and consist of two bedrooms, two bathrooms, a kitchen equipped with granite countertops and stainless steel stove, hood fan and microwave, balconies and one parking space.

Marina Yubarta is an exclusive residential community within Marina Vallarta, one of the most sought-after neighborhoods within Banderas Bay. Located in front of the Marina Golf Course, just minutes from downtown Puerto Vallarta and only a few steps from the beach and the marina, Marina Yubarta’s ideal location offers privacy and easy access to all services, including shopping malls, galleries, restaurants and the airport. All homes have three bedrooms plus studio, a private garden, full kitchen and ceiling fans.

Marival Residences & World Spa is a new concept in ownership, an investment opportunity, with an extensive array of amenities: world-class spa, sky bar, tennis court, restaurants, fabulous pools, commercial area, 24-hour medical service, hotel services a la carte, as well as benefits such as three years’ free maintenance and rental pool program with Marival Group.

All units come fully furnished and feature full kitchens, spacious living areas, luxurious bathrooms and outdoor terraces.

Marina Ibis (329) 298-3452 jml@menloprealty.com www.marinaibiscondos.com

Marina Yubarta (322) 221-2525 contacto@yubarta.com.mx www.yubarta.com.mx

Marival Residences & World Spa (322) 226-9740 iosuna@marivalresidences.com www.marivalresidencesdevelopment.com

nautica la cruz

NAUTILUS RESIDENCES

NIMA BAY

Location: Nuevo Vallarta

Type: 12 Condos

Type: 6 Condos

Type: 217 Condos

Location: La Cruz de Huanacaxtle

Location: Conchas Chinas

Location: Marina Vallarta

Located just a few meters from the beach the development consists of two towers, one with a mountainside view and the other with an oceanside view, and 12 condominiums in total. Each of the condominiums will have a different design and finishes, merging into a unique and exclusive concept. On-site amenities include an exterior pool, garden area between the two towers, individual access corridors, elevator, gym and assigned parking spaces.

This low-density luxury project is located only five minutes from all Puerto Vallarta has to offer. The whole complex has a Mexican contemporary design in which open spaces predominate. Nautilus Residences features six oversized units with more than 306 sq meters of living space in two towers, one per floor, and direct beach access from the complex and sundeck/lounge area. Each unit has three bedrooms, plus media room, marble floors, granite countertops, PVC pocket doors and Viking appliances.

This architecturally designed 11-story residential development features a full fitness center, dedicated spa treatment zone, owners’ club, landscaped sun terrace with Jacuzzis, bar, snack bar, two large swimming pools, full underground parking and ample visitors’ parking. With sizes ranging from 150 to 412 sq meters, most units run front to back, with marina and golf course views. Nima Bay also offers 28 commercial spaces of varying sizes for lease only, featuring Starbucks Coffee, Sonora Grill and Benitto’s.

Casa Noble Real Estate (322) 209-0336 fc@nauticalacruz.com www.nauticalacruz.com

Applegate Realtors (322) 221-5434 info@applegaterealtors.com www.applegaterealtors.com

Nima Bay (322) 209-0075 sales@nimabay.com www.nimabay.com

Visite: www.virtualvallarta.com

VALLARTA Lifestyles | 119

Puerto Vallarta

Valle de Nayarit There are a number of small towns situated in the valley behind Nuevo Vallarta and Flamingos, including Mezcales, San Vicente, San José and Valle de Banderas. Although not commonly referred to as tourism real estate, these towns are experiencing growth because the regional economy has been strong. The southeast border of this area is the Ameca River, with Bucerias to the northwest.

Bucerías

Valle de Jalisco En el lado perteneciente a Jalisco del valle que se extiende desde el río Ameca (su frontera noroeste) hacia el este, y alrededor de Vallarta y Pitillal, se encuentra el área del Valle de Jalisco. También comprende todo lo que hay a lo largo de la carretera desde Marina Vallarta, alrededor del aeropuerto y de vuelta hacia el valle.

Esta área incluye principalmente casas de gama baja, negocios y granjas, con poco desarrollo en bienes raíces turísticos. Los principales pueblos pequeños en este lado del río son Las Juntas, Ixtapa y Las Palmas. El camino entre estos pueblos eventualmente se dirige hacia las colinas y pueblos de la Sierra Madre: San Sebastián, Mascota y Talpa.

Valle de Nayarit Hay algunos pueblos pequeños situados en el valle detrás de Nuevo Vallarta y Flamingos, incluyendo Mezcales, San Vicente, San José y Valle de Banderas.

Aunque no son comúnmente considerados como bienes raíces turísticos, estos pueblos están experimentando crecimiento porque la economía local ha sido fuerte.

La frontera sureste de esta área es el río Ameca, con Bucerías al noroeste.

120 | VALLARTA Lifestyles

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Pelagio signature residences

Playa royale

Portamar

Type: 6 Condos

Type: 309 Condos

Type: 32 Condos

Location: Conchas Chinas

Location: Nuevo Vallarta

Location: Fluvial Vallarta Residencial

The Pelagio is nestled on the hillside of Conchas Chinas, offering spectacular bay and city views. Where The Pelagio really shines is what it has managed to do regarding sustainable energy. Their environmental achievements have lowered electrical energy, water consumption and domestic hot water heating costs, leading them to the creation of a whole new concept: environmental luxury. These residences also feature home automation, integrating next-generation lighting, climate, media and security systems.

Playa Royale is one of Paradise Village’s finest condominium developments. All units inside this complex come fully furnished and with the most sophisticated appointments: fine wood cabinetry and natural stone countertops, luxurious ceramic tile flooring, marble bathrooms, central water filtration unit, pre-wired for private telephone and Internet, spacious outdoor terrace and central air conditioning. Owners will enjoy privileged access to Paradise Village’s exclusive recreational amenities and benefits.

Centrally located between the ocean and mountains in Fluvial Vallarta, Portamar is comprised of 32 units distributed among three buildings that exemplify style, comfort and taste. All come complete with granite countertops, tropical hardwood doors and cabinets, tile flooring, great contemporary design, A/C and secured parking for two cars. Amenities include a spacious pool and garden area and 24-hour security, with shopping centers, movie theaters, hospitals and the airport nearby.

Applegate Realtors (322) 221-5434 marcel@applegaterealtors.com www.pelagioresidences.com

Paradise Village Real Estate (322) 226-6763 hgonzalez@paradisevillagegroup.com www.paradisevillage.com

Vallarta Estates (322) 225-6665 rick@vallartaestates.com www.vallartaestates.com

PUERTA AL MAR

PUERTo bahÍa villas & Spa

PUnta esmeralda

Type: 8 Condos

Type: 77 Lots (Phase I)

Type: 232 Condos, Homes & Townhouses

Location: Vallarta Central

Location: La Cruz de Huanacaxtle

Location: La Cruz de Huanacaxtle

Located just a few steps from the Malecon, this boutique, beachfront Mexicanstyle building offers six two-bedroom/ two and a half bathroom units and two penthouses with three bedrooms and three and a half bathrooms. All have traditional Mexican finishes and offer mountain and beachfront views. Puerta al Mar also offers elevator service, swimming pool, Jacuzzi, outdoor bar, direct beach access, covered parking, 24-hour security and an excellent management program.

Designed and built by the #1 architectural firm in all of Latin America, GVA, Puerto Bahia Villas & Spa is a blend of Old World Mexico and contemporary luxury in Banderas Bay. The new world-class Marina Riviera Nayarit is just minutes away, within a short walking distance to the beach. As a community, it offers a state-of-the-art clubhouse, full-service spa and gym, wellness center, restaurant-bar, deli and gift shop, oversized infinity pool and Jacuzzi, walking trails, lake and extensive green areas.

Punta Esmeralda is a luxury gated community covering 24.5 acres of prime oceanfront property. All units inside this exclusive complex have been designed with wide frontages and are surrounded by lush landscaping and multiple green areas, including private beach clubs, eight swimming pools, tennis courts, gym and spa, tropical gardens and, of course, the beach itself. Marble floors, granite countertops, high-quality fixtures and PVC windows are among the high-end finishes.

La Puerta Real Estate (322) 223-5871 info@investpv.com www.investpv.com

RE/MAX Paraíso (329) 295-6031 info@remax-paraiso.com www.puertobahiavillas.com

Grupo Real del Mar (329) 295-5360 ventas@punta-esmeralda.com www.punta-esmeralda.com

Visite: www.virtualvallarta.com

VALLARTA Lifestyles | 121

Sayulita and Punta Sayulita

RE Advertisers’ Index Alamar

89

Pacific Boutique Properties

101

Applegate Realtors

126

Paradise Village

76

B Vallarta

108

Peninsula Nuevo Vallarta

81

Beachbay Properties

92

Punta Mita Properties

BC

Coldwell Banker

94

Punta Sayulita

85

Connell y Asociados

88

Punta Vista Signature Residences

85

Delcanto

87

PVRE

Grand Venetian

72

Riviera Partners Realty

Haixa

93

Sayan

127

La Punta Realty

74

Spacio Integral

105

Lloydshare Ltd.

103

128 83

Stone Contractors

99

Luma

91

Timothy Real Estate Group

97

MannerMex

90

Tropicasa Realty

95

Mortgages In Mexico

96

122 | VALLARTA Lifestyles

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Punta mita EL ENCANTO

punta mita FOUR SEASONS VILLAS

punta mita KUPURI

Type: 29 Condos, Homes & Townhouses

Type: 54 Homes

Type: 14 Lots

Location: Punta Mita Development

Location: Punta Mita Development

Location: Punta Mita Development

This luxury community of waterfront and golf-view properties offers residences and condominiums in various configurations: Residencia La Marea, Residencia La Brisa, Villa El Mirador and Condo La Vista, all with three to four bedrooms and sizes ranging from 379 to 677 sq meters approximately.

Amenities include 24-hour security, comprehensive residential services, on-site development property and maintenance managers, and ability to acquire a Club Punta Mita Membership.

Distinguished by a hillside setting, expansive ocean views, infinity-edge plunge pools, elegant furnishings, spacious terraces and patio areas, FSPV offers four bedroom/ four and a half bathroom units crafted and furnished to the impeccable standards of the Four Seasons, with classic Mexican decor, living and dining rooms that open up to terraces, high ceilings and fine flooring.

Access to acclaimed amenities such as firstclass restaurants, golf courses, tennis center, steam room, pools and beaches.

Kupuri is defined by three distinct settings: beachfront, ocean-view with direct beach access and hillside. These homesites are not only appreciated for their lush vegetation and welcomed privacy but also for their beautiful early morning light, generous beach frontage and terrific views of Litibu Bay and beyond to the blue waters of the Pacific Ocean.

Ownership includes membership to the Punta Mita Golf Club, Punta Mita Tennis and Fitness Club and Punta Mita Residents’ Beach Club.

Punta Mita Properties (329) 291-6500 sales@puntamitaproperties.net www.puntamita.com

Punta Mita Properties (329) 291-6500 sales@puntamitaproperties.net www.puntamita.com

Punta Mita Properties (329) 291-6500 sales@puntamitaproperties.net www.puntamita.com

punta sayulita

punta vista signature residences

quinta del mar

Type: 12 Homes & Lots (Phase I)

Type: 22 Condos

Type: 24 Condos

Location: Sayulita

Location: Punta de Mita

Location: Flamingos

Punta Sayulita is a private oceanfront club and residential community located on an extraordinary 33-acre peninsula adjacent to the seaside village of Sayulita. Punta Sayulita will be restricted to the development of only 62 detached oceanfront and ocean-view homes. Residents and their guests will enjoy a private Beach & Surf Club with a relaxing beach bar, lounge, restaurant, pool, fitness center, spa facilities and a children’s game room. Personalized residential concierge services and club level services provided.

This exclusive beachfront property consists of 22 superior-sized condominiums with top-quality design, spacious balconies and private terraces to create a gracious indoor/ outdoor lifestyle and enjoy the amazing view of the ocean and the Marietas Islands.

The project offers beach staff, personalized service and full property management available through the concierge (maids, bell boys, bill payment, grocery shopping, etc) spa and wellness center managed by WTS International and restaurant/deli service.

Located in the private and secure masterplanned area of Nuevo Vallarta in prestigious Flamingos residential area and surrounded by expansive white sandy beaches, Quinta del Mar offers three-bedroom + den or four-bedroom units ranging from 343 to 455 sq meters. The superior construction is luxuriously appointed with marble floors, fine hardwood cabinetry, granite countertops, high-end fixtures and appliances and topquality A/C. Amenities include gated access, 24-hour security, pool and clubhouse.

Punta Sayulita (329) 291-3957 kroberts@puntasayulita.com www.puntasayulita.com

La Punta Realty (329) 291-6420 info@lapuntarealty.com www.puntavistasignature.com

Quinta del Mar (322) 297-0405 marcytr@prodigy.net.mx www.quintadelmar.com

Visite: www.virtualvallarta.com

VALLARTA Lifestyles | 123

RIVERA CUALE

Royal amapas

san pancho

Type: 37 Condos (Phase I)

Type: 4 Homes

Type: 60 Homes (Phase I)

Location: Vallarta Central

Location: Conchas Chinas

Location: San Pancho

Rivera Cuale is a gated, master-planned residential community located on the banks of the Cuale River. Surrounded by lush gardens with beautiful outdoor lounge spaces, condos at Rivera Cuale feature large terraces to enjoy the beautiful views of the river, town, mountains and ocean.

The architectural design of the complex is traditional Vallarta with modern influences, and the amenities are unparalleled, including fountains, riverbank lounge area, solarheated swimming pool and fitness room.

These brand-new luxury villas are in the heart of one of the most exclusive residential areas in Puerto Vallarta: Conchas Chinas.

Developed by one of Mexico’s top builders, Royal Amapas offers its buyers the option of using their team of designers for final color choices to turn one of these villas into a dream home. The villas range in size from 380 to 428 square meters, and all of them feature assigned parking spaces, A/C and top-of-the-line appliances.

Set amid the jungle overlooking the expanse of the Pacific Ocean, San Pancho’s architectural style recreates the traditional designs of the Mexican Pacific coast with large windows and doors, exterior balconies and the use of traditional materials. San Pancho was developed with a cultural center dedicated to the promotion and enjoyment of culture and the arts. The cultural center is a non-profit foundation offering workshops in a variety of areas, such as painting, sculpture, pottery and music.

Rivera Cuale (322) 223-3770 info@riveracuale.com www.riveracuale.com

Applegate Realtors (322) 221-5434 info@applegaterealtors.com www.applegaterealtors.com

Luxury Beach (322) 221-3581 lawrence@luxurybeach.com www.san-pancho.com.mx

Sayan tropical condominiums

SIERRA DEL MAR at los Arcos

TERRAZA DEL MAR

Type: Condominiums

Type: 18 Condos (Phase I)

Type: 20 Condos

Location: Conchas Chinas

Location: Playas Gemelas

Location: Amapas

Sayan Tropical Condominiums is an exclusive project of 36 units located on Leo St. in prestigious Conchas Chinas, one kilometer from the new Malecon and 200 meters from Los Muertos Beach. The complex features high-end finishes throughout, lush tropical landscaping and unparalleled amenities, including a beach club with on-site palapa restaurant, lush tropical gardens, pools, Jacuzzis, sundecks, sand terrace. An on-site administrator, gym, tennis court and spa are also included.

This oceanfront community offers limitededition luxury condominiums designed to function as “condominium residences” of approximately 297 sq meters. Each has three bedrooms, three and a half bathrooms, spacious dining, entertaining and kitchen areas and ample terraces that enjoy approximately 14 meters of ocean frontage.

The project’s infrastructure includes two separate entryways, underground utilities, private beach club with a palapa lounge, sunning terrace, snack bar, pool and gym.

Terraza del Mar is composed of 20 two- and three-bedroom residences, including six spectacular penthouses. Each has spacious terraces with breathtaking views of the bay, interiors that are warm and elegantly appointed with innovative features and fulllength sliding glass doors for true indoor/ outdoor “Vallarta-style” living. Amenities of the complex include 24-hour security, infinity-edge pool, gym, sundeck, private parking for each unit, landscaped tropical gardens and a funicular-style elevator.

Applegate Realtors (322) 221-5434 marcel@applegaterealtors.com www.applegaterealtors.com

Sierra del Mar (322) 228-0356 sales@sierradelmar.com www.sierradelmar.com

Applegate Realtors (322) 221-5434 info@applegaterealtors.com www.applegaterealtors.com

Visite: www.virtualvallarta.com

VALLARTA Lifestyles | 124

ucuatro palma residencial

vallarta 399

VILLA LA ESTANCIA

Type: 32 Townhouses

Type: 59 Condos

Type: 135 Full & Fractional Ownership Units

Location: Flamingos

Location: Vallarta Central

Location: Flamingos

This private gated community is composed of 32 townhouses with three bedrooms and four bathrooms each. All units boast fully equipped kitchens with granite countertops, stove and extractor hood, marble in bathrooms, maid’s quarters with full bathroom, and storage space, but only the units located on the top floors feature a roof garden with Jacuzzi and barbecue area. Amenities within the complex include ample common areas, gym and pool, 24-hour security and controlled access.

Vallarta 399, the latest condominium project by seasoned builders Carlos Vazquez and David Herman, lies in the heart of the Romantic Zone in Puerto Vallarta, offering premier upscale living, seclusion and comfort. Surrounded by plush lounges and bars, gourmet restaurants, an art scene and some of the most popular PV beaches, V399 features a spacious heated pool, two heated Jacuzzis, relaxation areas and rooftop lounge, security with TV cameras, controlled access and on-site management personal.

The two- and three- bedroom villas at Villa La Estancia offer a lifestyle opportunity beyond compare, with lock-off capabilities to allow use of the entire condominium or only a portion, which offer owners unique usage and rental options. Enjoy the benefits of full or fractional resort ownership and also those of a five-star resort. Hacienda-style, terracotta barrel-style roofing; artisan rusticstyle antiqued metal for balcony railings, terraces and verandas; and other spectacular features surround you at Villa La Estancia.

Ucuatro Palma Residencial (329) 298-5023 rodolfo.gonzalez@grupo-gl.com www.ucuatro.com

Applegate Realtors (322) 222-7817 sarah@applegaterealtors.com www.vallarta399.com

Villa La Estancia (322) 297-5560 infonv@villalaestancia.com www.villalaestancia.com

VILLAS ALTA VIDA

VILLAS de la colina II

Type: 3 Condos

Type: 42 Full & Fractional Ownership Units

Location: Amapas

Location: Amapas

In these villa-sized residences within a private gated enclave just two minutes south of downtown, each residence feels like a private home featuring a spacious master suite, two guest suites, storage bodega and two covered parking spaces. The fine finish-outs and Mediterranean styling, 180° views, extensive marble flooring and extra-high boveda ceilings make this project the only one of its kind. The entertainment terrace with infinity pool, bar area, BBQ and exterior lounge and seating areas defines the amenities.

With an exquisite Mexican contemporary design, Villas de la Colina II sits atop Puerto Vallarta with views of the famous church steeple, city and bay. Offering a unique opportunity for either full-time or deeded residence ownership, buyers enjoy an extensive array of amenities: membership in the exclusive Las Animas Bay Beach Club, yacht charters, sport fishing, Coco Palms Bar & Grill, 24-hour concierge services, a sports bar/restaurant (future phase) and future access to all the amenities of Eden Falls.

Sherri Narro y Asociados (322) 228-0584 sherri@puertovallartadreamhomes.com www.puertovallartadreamhomes.com

McFadden Group Real Estate (322) 293-4380 william@mcfaddengroupmexico.com www.villasdelacolina2.com

Visite: www.virtualvallarta.com

Multi-Dev Vallarta (MDV) is a multiple listing service operated by the Vallarta Lifestyles Publishing Group on behalf of developers and/or real estate offices located in and around Puerto Vallarta. Members of MDV have access to an online database where they can list all their inventories, which is then available for the public at mlsvallarta.com, mlsnayarit.com and/ or vallartarealestateguide.com.

For more information about Multi-Dev Vallarta and how a development can participate in the program, contact our office at the number listed below or by email.

Multi-List Vallarta (322) 221-0106 • claudia@mexmags.com www.mlsvallarta.com VALLARTA Lifestyles | 125

126 | VALLARTA Lifestyles

Visit: www.virtualvallarta.com