The Developments of Puerto Vallarta

summer-fall/2002

The Vallarta real estate market is going through an amazing transition, evolving from a traditional market consisting primarily of homes and condominiums built along the city streets of Puerto Vallarta, to a residential community-driven market where a developer supplies the streets, the services and most of the amenities. These communities are not reliant on the city to supply essential services, they do it themselves and in most cases offer a much superior end product. They are located from one end of the bay to the other, with further developments now being planned outside of the bay, on the far northern shores of Costa Vallarta heading towards Guayabitos. This is the future for real estate in Vallarta, and there has never been a better variety of homes and condominiums available to those interested in owning a little piece of paradise. This guide offers helpful information on many of the projects presently in development along the shores of Vallarta.

EL MALECON

From small fishing village to world-class destination, Puerto Vallarta has managed to retain the unique atmosphere of a small Mexican town. El Malecón is ideally located in the heart of traditional Vallarta, offering the taste of local flavor. An 18-year-old building facing the bay was completely restored and remodeled to hold 55 condominium units, half of which are oceanfront properties. All enjoy excellent amenities, such as underground parking, elevator, rooftop swimming pool and sun deck area, 24-hour security system, gymnasium, laundry rooms and owner lockers.
The units range from one- to three-bedroom condominiums, and are individually metered for water and electricity. All offer interphone, cable TV and telephone wiring, as well as individual air conditioning. The common areas are tastefully decorated and landscaped to afford a very pleasant environment. To date, 36 units have been sold. Some excellent opportunities are left, including a few oceanfronts.

FLAMINGOS BEACH
AND GOLF RESORT

Planned for family enjoyment, Flamingos Beach and Golf Resort offers an insurmountable location 15 minutes from downtown Vallarta between the beach and the par-72 Flamingos Nayarta Championship Golf Course designed by Percy Clifford. A great place for children and sports lovers, this beachfront property offers two magnificent pools, one with two Jacuzzis for eight people, both surrounded by beautiful green areas. The project includes two tennis courts, basketball and shuffleboard courts, a practice green, TV room, remote-control entrance, 103 nautical garages, nautical ramp, game room, laundry room, a recreational area for children, three majestic fountains, two big palapas, lobby/reception area, motor lobby, fitness center and one of the best beaches in Vallarta. With 176 oceanview units distributed throughout seven Vallarta-style buildings, a new extension of the original building with 100 new units is underway. From one-bedroom, one-bathroom units to four-bedroom, four-bathroom units, all apartments boast walk-in closets in master bedrooms, terraces and fully equipped kitchens. Paved boulevards, vapor streetlights, underground cabling, a water-purification plant and two sewage plants guarantee the value of your investment and a carefree lifestyle. Enjoying the same privileged scenery, Coto Flamingos offers plots of land selling at $50,000 USD to build your own residential property.

FLAMINGOS CLUB RESIDENCIAL

Providing the perfect balance between nature, design, security and privacy, Flamingos Club Residencial is of the highest quality urban development. The property allows the mix of residential and commercial areas with the most modern services, such as the gracious private club as well as a convenient regional shopping center. With well-balanced urban development, Flamingos Club Residencial has considered every aspect to enhance the mix of ecological elements with a pleasant place to live. Located in the Vallarta-Punta Mita corridor, only 10 minutes north of the airport, you will enjoy the natural surroundings’ exotic wildlife and semi-tropical vegetation and mountain scenery. The fine beaches are safe for swimming with an average water temperature of about 71 degrees F, and sailing, water sports and ocean fishing close by.
The urban concept divides the property into two areas, a single-family gated area with controlled access and a mixed-use residential area. Both areas will have complete facilities for water treatment, sewage and drainage, as well as electrical and security systems to meet the highest standards of living, comfort, security and privacy.


LA CIMA l, ll, lll

When only the best will do, these luxurious condominium projects offer all the amenities needed to enjoy a perfect tropical vacation or a full-time residence in paradise. Located in the well-known Amapas area, La Cima l features 14 spacious three- and four-bedroom residences from 3,000 to 5,500 square feet. They have been described as the most attractive and splendid in the area. The second stage, La Cima ll, consists of only two fabulous 5,500-square-foot penthouses with unsurpassed town and bay views, as well as private infinity pools and wrap-around sun decks. Located above the popular Playa Los Muertos area, La Cima lll will feature all the luxury, unique craftsmanship and spectacular views of La Cima l in 22 exclusive terraced residences, built amid tropical palm tree gardens, fountains and cascades. For all three, the night life of the lively Olas Altas area is just steps away.

LA PLAYA ESTATES

In addition to its superb location along a two-mile stretch of soft, sandy beach on one of the most beautiful bays in the world, La Playa Estates is set off from the rest by its privacy and the kind of deliberately tranquil lifestyle it promotes. A haven for those who appreciate the slow pace of the warm tropics and can afford the luxury of excellence in construction, finishings and services, this exclusive development consists of seven beachfront estate homes and 19 well-appointed oceanview homes. The beachfront homes feature their own private pools, unique floor plans, spectacular views and direct beach access. The oceanview homes are built on two elevated terraces, so that nothing comes between the beholder and the ravishing vista of the bay. Exclusive for 26 owners, the beach clubhouse and spa building features a meandering infinity pool with built-in sun lounges, swim-up bar and facilities for entertaining large groups. For those more actively inclined, there are a tennis court and a paddle ball court.

MAYAN ISLAND

The peacefulness of perfect safety where silence is broken only by the sounds of nature, the luxury of an 18-hole golf course designed by Jim Lepe of the Jack Nicklaus Signature Group, and the convenience of the infrastructure and services offered by the spectacular Mayan Palace Hotel in Nuevo Vallarta seem like much more than one could dream of in a residential development.
The Mayan Island mega project in Nuevo Vallarta has made this dream possible, thanks to the excellent financing terms for its three residential options: luxury condominiums facing the ocean, with a spectacular 393-foot pool just a few steps away from one of the best beaches on the bay; 20 exclusive residential properties; and 64 apartments on the golf course, with amazing views of the bay and mountains. A destination in itself, Mayan Island simplifies the privileged resident’s lifestyle with the convenience of a shopping mall, a 12-court tennis club and a spa and fitness center. Life in this tropical paradise is enhanced by 1.8 miles of canals, a lake and marina and a beach club.

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