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The Best Year Ever. Real Estate Annual Report - continued summer-fall 2000 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 for 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 six 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 the 25 owners, the beach clubhouse features a meandering infinity pool with built-in sun lounges, swim-up bar and facilities for entertaining large groups. MARINA VALLARTA GOLF CONDOS With a six-year long presence in Puerto Vallarta's real-estate scene and the successful Estrella del Mar development in Los Muertos Beach to back its prestige, Neptune Realtors undertakes a new project in Marina Vallarta. Located between the Marina's main thoroughfare and fairway #9 of its popular golf course, the residential project will consist on 36 luxury condominiums.. Each unit will feature two bedrooms and two bathrooms distributed in over 1,500 sq. ft. One block away from the marina boardwalk with its fabulous restaurants, boutiques and galleries and a few steps from a great game of golf, the development will also include a swimming pool and entertainment area exclusive for owners. MAYAN ISLAND The peacefulness of perfect safety where silence is broken only by the sounds of nature; the luxury of an 18-hole, par 71 Jack Nicklaus golf course to call your own; the convenience of a hotel-like infrastructure and at-home service seems like more than one could dream of from a residential development. Located along one mile of beachfront in Nuevo Vallarta and still under construction, Mayan Island offers three residential options available through excellent financing terms. Ranging from 1,450 sq. ft. to 2,900 sq. ft., the 32 apartments on the beach feature a 492-ft. long swimming-pool, while on the golf course there are 20 luxury villas and 64 units with a 393-ft. long pool. A destination in itself, Mayan Island simplifies the privileged resident's lifestyle with the convenience of a shopping mall, a 16-court tennis club, spa and fitness center. Life in this tropical paradise is enhanced by 1.8 miles of canals, a lake, marina and beach club. PARADISE VILLAGE Dubbed as "Heaven on Earth", this development matches the standards of harmony, functionality and comfort expected of a utopian community, to become an authentic home away from home for the most demanding clientele. With the enormous success of their resort and residential development behind them, Paradise Village embarks now on a new phase: the Ocean Vista Residences. Consisting of 54 deluxe beachfront apartments housed in a terraced building, these one- to four-bedroom residences offer views of the ocean as well as all the services of a five-star resort. Two minutes away by water taxi-or five if you decide to walk-the amenities of this impressive resort, including its European spa, marina and the facilities to practice all the water sports you can dream of, are part of owner privileges. Membership to the golf club with an 18-hole course is also included in the irresistible package. PUNTA MITA PROPERTIES Along the northernmost tip of Banderas Bay lies Punta Mita, an innovative, master planned resort and residential community covering over 1,500 acres on a spear-shaped peninsula. Surrounded on three sides by white, coral-sand beaches and crystalline waters and by tropical wilderness on the remaining side, Punta Mita promises to become the most privileged residential resort community in Latin America. Today, Punta Mita is home to the newly opened Four Seasons Resort and Jack Nicklaus Signature golf course. As it evolves over time, Punta Mita will ultimately be home to up to five luxury boutique hotels, three championship golf courses, a beach club, tennis center, spa and fitness center, marina, and a small commercial village. From its inception, Punta Mita has been planned in accordance with the highest quality of international real estate development and environmental standards. A variety of exclusive residential options and estate lots are currently offered for sale at Punta Mita. QUINTA DEL MAR Quinta del Mar is located within the Flamingos Country Club Estates in front of the longest beach in the bay. Inspired in the Catalonian architect Gaudí, its design displays large, curved terraces with plenty of windows to catch the spectacular views and the landmark mushroom-shaped umbrellas of the swimming-pool area. With phase one almost totally sold among an international community of professionals and retirees, work for the second six-story, 20-unit building will be completed by the end of 2000. Ranging from 3,500 sq. ft. to 7,000 sq. ft., the apartments feature three to four bedrooms plus maid quarters. Luxury touches include marble floors, granite kitchen counters and fine cabinetry. A centrally located elevator will open into a garden foyer. When finished, the complex will include a beach clubhouse, tennis courts, underground parking, shops, a spa and a restaurant-bar. The owners pride themselves in offering a product that is definitely luxurious at reasonable prices. SIERRA DEL MAR Fifteen minutes south of downtown Puerto Vallarta, Sierra del Mar lies within a magical tropical forest in the foothills of the Sierra Madre. Respect for the preservation of the ecology has been paramount in every aspect of its planning. To create a park-like setting, streets wind around rocks and massive mango and oak trees if need be. Homes are situated to receive full advantage of the breathtaking scenery; yet privacy is also important and architecturally inherent. The Osuna family emphasizes moderate growth and careful construction of the highest quality. Because of this, the development was awarded First Place in Jalisco for Residential Development and Urban Engineering at the XXXI annual construction contest. Sierra del Mar offers villas so completely equipped, you need only pack your clothes to move in! These magnificent homes have terraces offering splendid ocean and mountain views. You can also find spectacular homesites if you wish to build your own dream home in this privileged residential community. VALLARTA GARDENS Surrounded by 180,000 sq. ft. of tropical gardens, these 57 oceanfront residences are the perfect option for a second home or permanent dwelling for retirees or a vacation home for nationals who dream of a luxury hideaway on the sea. Infrastructure for this residential, low-density community will be finished by September and will include underground cabling and artificial terraces on the beach to enjoy the sea breezes without leaving the gated compound. Among well tended palm trees, flowers and plants, four swimming pools and outdoor jacuzzis, tennis courts and a gym will contribute to a healthier lifestyle. Although there is a master plan to insure homogeneity in the architectural style-Mediterranean-Vallartan-, homeowners may choose from a selection of seven different models. Luxury touches include double-height ceilings and granite kitchen counter tops. But in Vallarta Gardens luxury doesn't imply high prices, and homes are more accessible than would be expected considering their location and construction quality.

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