The Developments of Puerto Vallarta

summer-fall/2001

The real estate industry is certainly alive and well along the shores of Banderas Bay, which now is referred to as one destination known as “Vallarta”. There is more new construction taking place today than at any other time, bypassing the boom of the late 1980s. It begins in Mismaloya on the southern shore and stretches all the way to Punta Mita in the north, and covers all points in between. The developments of Nuevo Vallarta and Flamingos, after seeing little construction over the past 20 years, are now hot spots with homes, condos, hotels and golf courses under full swing, pardon the pun.
And there doesn’t seem to be any slowdown in sight with Vallarta offering a variety of real estate options for both the national and international markets. It is well diversified between hotel stays, timeshare, full-time, and now the emerging fractional market. Vallarta has plenty to offer for those considering a second home in the sun or perhaps early retirement! In this special section, we present the major real estate projects now underway around the Bay of Banderas – now to be known as Vallarta.

Bay View Grand

With a fresh vision of what luxury and comfort on a grand scale should be, Bay View Grand draws inspiration from real estate concepts originated in Miami and other great tourist destinations to create a unique lifestyle on the beach. Here, the charm of traditional Mexico is a fascinating addition to world-class modern conveniences amid cascades and lush tropical gardens. Built on 20 acres of beachfront property within the exclusive development of Marina Vallarta Golf Club, BVG offers 489 condominiums ranging from one-bedroom, 770-square foot apartments to 3-bedroom, 3,850-square foot oceanview apartments. The imposing architecture blends beautifully with the surroundings, taking into account the preservation of its ecological balance. A small malecon, where one can stroll and enjoy the privacy of its beach, also adds to the charm of this resort. The huge infinity pool, four tennis courts, mini-golf course, state-of-the-art fitness and business centers and around-the-clock security round out a long list of amenities. With 68% sold out, thanks to the reasonable financial terms offered, BVG has been built and delivered in phases and on time!

BRISA LUNAR

Brisa Lunar, located in the heart of Amapas, the hottest condominium area, is a small and exclusive condominium development that features Mexican-style finishings, very spacious terraces and panoramic views. The development includes large gardens, swimming pool, cascades and parking for each unit. Each unit has been built with both bedrooms facing the view and terraces, Jacuzzi in the master bedroom and private laundry area. There is a two-story penthouse with private soaking-infinity pool, BBQ area, sundeck and palapa. Buyers of unfinished units can choose their own interior colors and accents. Completion is scheduled for December, 2001.

COLINA ENCANTADA

The enchanted hill is a private, gated, exclusive three villa community sitting on an acre of land above Amapas, approximately one and a half miles south of Puerto Vallarta. The first villa will be completed in winter 2001, with the second and third villas to be completed in 2002. All villas have a 180¤ view of Banderas Bay, the beach and Puerto Vallarta. All these luxurious villas have marble floors, granite counter tops and first-class finishes, as well as large terraces and palapas with infinity pools. These spacious 6,500 to 8,000 sq. ft. villas have been designed to take maximum advantage of the idyllic setting, views and climate.


EL MALECON II

From small fishing village to world-class destination, Puerto Vallarta has managed to retain the unique atmosphere of a small Mexican town. Malecon II 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 1- to 3-bedroom condominiums and are individually metered for water and electricity. All condominiums 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.

FLAMINGOS BEACH AND GOLF RESORT

Planned for family enjoyment FB&GR 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 of which forms part of a playground area for children, both surrounded by beautiful green areas. The project will also include two tennis courts, two paddleball courts, a mini-super, a mini-golf course, a recreation area for the little ones and a fitness center. With 171 oceanview units distributed throughout seven Vallarta-style buildings, a new extension of the original building with 100 new units is underway. From 2-bedroom, 2-bathroom units to 4-bedroom, 4-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 $40,000 USD to build your own residential property.

LA CIMA I, II & III

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, the first stage featured only 14 spacious 3/4-bedroom residences from 3,000 square feet to 5,500 square feet. La Cima I, completed in the summer of 2000, has been described by many as the most attractive and splendid condominium building in the area. La Cima II will consist of only two fabulous 5,500 square foot penthouses with unsurpassed town and bay views, as well as private infinity pools and wrap-around sundecks. La Cima III, located above the acclaimed Playa Los Muertos area, will feature all the luxury, unique craftsmanship and spectacular views of La Cima I in 22 exclusive terraced residences, which will be built amid tropical palm tree gardens, fountains and cascades.

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