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The Best Year Ever. Real Estate Annual Report summer-fall 2000 The way in which the Costa Vallarta area has been growing lately displays a definite trend towards more upscale, luxury developments. Instrumental for the boom of such residential communities to the north is the four-lane highway from the airport to the Punta Mita junction. This fast, smooth, well signaled thoroughfare has paved the way for the more demanding clientele who find even the insuperable charm of the pristine tropics unworthy of the slightest nuisance. On the other hand, first-class golf courses, now mushrooming in the area, could transform Vallarta into the number one golf corridor in the country. (Watch out Los Cabos!) Property is harder to come by in the south where the jungle-covered foothills of the sierra offer precious few residential options. This jagged coastline of rocky points and white-sand beaches has always been regarded as one of the most privileged areas to live or own a second home in Puerto Vallarta. Each year this special section increases in size, and we have no reason to believe it will be any smaller next year. If you aren't part of the Vallarta real estate scene, now is the time to get involved. The options and opportunities have never been better. BAY VIEW GRAND With a fresh vision of what luxury and comfort in a great 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. Built on 20 acres of beachfront property within the exclusive development of Marina Vallarta, BVG offers 475 condominiums ranging from one-bedroom, 770-sq. ft. apartments to 3-bedroom, 3,850-sq. ft. oceanview apartments. The imposing architecture blends beautifully with the surroundings taking into account the preservation of its ecological balance. The huge infinity pool, four tennis courts, mini-golf, state-of-the-art fitness and business centers and around the clock security, round up a long list of amenities. 50% sold out thanks to the reasonable financial terms offered, BVG has been built and delivered in phases and on time! CASA DEL MAR Alfonso Orozco and Jorge Chávez, developers of Casa Delmar, joined their talents to bestow upon this project the personal energy they would have directed to building their own home. Their attention to detail reflects their vocation to realize their professional objective of creating comfortable living spaces. Backed by a rich trajectory in the construction business Alfonso Orozco-a 14-year Vallarta resident-is responsible for the remodeling of the Vallarta Torre Hotel, which was damaged during the 1985 earthquake. He was also in charge of urbanizing the Bosques section of the Sierra del Mar development. Alfonso has worked for such famous developers as Nick Coates, Richard Greenberg and Bernd Glaeser among others. Jorge Chávez is a young, brilliant architect who designs from luxury homes to residential complexes and tourist resorts. He is presently responsible for three developments in the Nayarit coast and five homes in Sayulita, Punta Mita and Marina Vallarta. FLAMINGOS BEACH & GOLF RESORT Planned for family enjoyment this oceanside project offers an insuperable location 15 minutes away 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 will include magnificent pools surrounded by green areas, two covered tennis courts, two paddleball courts, a mini-golf course, a recreation area for the little ones and a fitness center. Consisting of 170 oceanview units distributed throughout seven Vallarta-style buildings, the project will be completed by the end of 2001. 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. LA CIMA With all the amenities needed to create perfect days in the superb tropical scenery of Vallarta, La Cima is the ideal setting for the leisurely lifestyle. From a privileged situation on a hilltop, in the residential area south of downtown, 16 apartment suites (two per floor) offer sweeping views of the bay and the city. The private covered and uncovered terraces feature built-in BBQ grill and wet bar, while Mexican marble gives a sparkle to the floors. The 3,000 sq. ft. of the smallest unit-penthouses are 5,000 sq. ft.-are plenty of space for two ample bedrooms-the master featuring walk-in closets and jacuzzi. The infinity swimming pool, entertainment area with sundeck, built-in BBQ and wetbar make up the common areas. Entrance to the complex is through a remote-control electric gate that opens up to the private parking. La Cima has been described as the perfect blend of American-standard comfort, spectacular luxury and incredible investment opportunity Click here to continue...

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