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~ January 2012 Newsletter ~
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Market Update
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The year is underway and the high season started for us here in paradise. With the early season activity we feel very optimistic, energized and positive about the coming year. The occupancy at the North Shore hotels – namely the Four Seasons & St. Regis – as well as throughout the Puerto Vallarta bay area over the final weeks of December was at record highs compared to the past three years, which gives us additional confidence that more people are refocusing on Mexico and on our Punta Mita/Riviera Nayarit region. We are seeing traffic increase in all the different areas: hotels, vacation rental properties and residents of the area coming back to enjoy their homes. All of this indicates that confidence is returning. The news in this new year –in both the U.S. & Mexico – started with improvements and optimism in employment and market growth numbers. The stock markets continue to demonstrate more optimism but with some caution as we are all aware there is still a potentially rocky road ahead.
Residents and guests coming to our area expressed optimism and are actively looking at real estate, making offers and decisions about purchasing some of the very attractive opportunities that exist in the North Shore real estate market today. We started the year with offers accepted in some properties and some other negotiations underway.
We still foresee that this year will have some challenges not only with regards to the economy, but also the political arena is front and center for both the U.S. and Mexico, as both countries will have presidential elections during 2012. This certainly has the potential to slow down the buying process for some, until the elections have passed. However from what we are seeing, the sentiment of those that are interested is that they are not too concerned with the outcomes, and will move forward with their purchases as they realize that the amazing opportunities that exist today will not be around forever!
Developers and sellers will continue looking for new strategies to sell and move more inventory that might require some additional pricing flexibility and creativity, inter-home exchanges and other creative options as we have been pioneering in Punta Mita lately. We feel confident that we have reached the 'bottom', however, until more of the lower priced real estate inventory gets absorbed we do not expect to see any significant increases in values in the near term. It is a great time to be a buyer in our spectacular paradise and to enjoy the lifestyle that you have always dreamed of.
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North Shore Infrastructure update
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Construction on the new highway between La Cruz de Huanacaxtle and Punta de Mita continues. Work began in the center of the 6 km. stretch of road, so as of today this progress is not easily visible, as it is taking place parallel to the existing road, on the backside of the corridor. The expectation is that the work will be completed by early summer.
In addition to the La Cruz-Punta de Mita roadway, work has also been done on the road connecting Punta de Mita and Sayulita, in the areas that experience damage each rainy season. Extensive repairs have almost been completed, with deep-poured concrete and much more permanent structural reinforcement. In addition to this road project, the central plaza in Sayulita is also receiving a complete facelift. This project will be completed by April.
Within the Punta Mita Resort, work continues on the new pier, located between the Porta Fortuna and El Encanto communities. Completion is expected to be in April.
On a final high note about the infrastructure improvements taking place in our area, the new PEMEX gas station near Punta de Mita is now (finally!) open.
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This month's outstanding opportunities and Feature Properties for Sale
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Lagos del Mar, Lot #4
$1,975,000 USD
This is a unique home site within the residential sub-division of Lagos del Mar and is one of the largest in this highly desirable community. The lot offers unrivaled opportunities to build a unique home on this home site that is almost one full acre. This home site has a semi diamond shape to it, with the frontage affording expansive panoramic views. Located directly on the Jack Nicklaus Signature Golf Course, the home site is one of the last remaining in Lagos del Mar.
View it now
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Villa Amanacer
$2,999,000 USD
Villa Amanecer offers spectacular vistas to the south west and providing great orientation towards Punta de Mita shoreline, Marietas Islands and the south of Banderas Bay. Built by Juan Pablo Stone and designed by Ruben Flores the residence benefits from the many years of experience of this team in designing and building homes and villas in the Bay area. The Villa features 5 bedrooms with ocean views, 6.5 bathrooms, palapa roofs, luxury finishes throughout, marble floors, Italian kitchen with top-of-the-line appliances, pool area with Jacuzzi and outdoor grill, and a 2-car garage. Villa Amanecer offers exceptional privacy and comfort, and is fully furnished and decorated.
View it now
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New Listing! Casa Rincon Pacifico, Paradise Coves
$1,750,000 USD
An exceptional value in a privileged location, Casa Rincon Pacifico features 8,000 square feet of living space with six bedrooms, five and a half bathrooms, an office complete with high speed internet connection and WIFI, satellite TV, and stereo system. The home also has generous outside covered patios surrounding a large infinity pool. The entry opens to a large living room with views to the pool and the Bay of Banderas. Adjacent to the living area is a spacious dining area and fully equipped kitchen. Paradise Coves is an intimate, gated community with a very select number of private home sites. It derives its name from a series of beautiful small private coves that grace the verdant coastline. The beaches fronting this community are virtually vacant, as the natural setting offers very limited access north or south of the coves. Paradise Coves features a prime location just five minutes east of the Four Seasons and St. Regis Resorts in Punta Mita, and 45 minutes from the Puerto Vallarta International airport.
View it now
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Los Veneros Condos
Starting from $730,000 USD for 3BR residences
The ocean front condominiums of the exclusive Los Veneros Resort offer amazing ocean and beach views. Depending on the specific residence location, enjoy unique panoramic views of the Banderas Bay, the Sierra Mountains to the south and the Marietas Islands to the southwest at the entrance of the Banderas Bay. There are few properties that offer this exclusivity and the direct beach access to a simply stunning naturally sandy beach. Los Veneros offers a fantastic community pool for each building and an exotic "LV Beach Club" that includes a pool, spa, restaurant, bar etc. Los Veneros offers full Residential Concierge and Property management services.
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Las Palmas Villa #24, Ola model
Reduced to USD$999,000
With a recently reduced price, Las Palmas #24, an Ola model Villa, celebrates the open-air lifestyle of Punta Mita. With views down the second fairway of the Pacifico golf course to the ocean and the signature Tail of the Whale island green, it is among the best-located villas in Las Palmas, and is an easy walk or golf cart ride to the Punta Mita Residents' Beach Club. The single level, 3-bedroom, 3-bath home features a combination living/dining room that opens onto a partially covered, expansive terrace with outdoor dining area, Viking grill, and plunge pool. The Master suite offers a private terrace, walk-in closet and large bath with outdoor shower and sitting area. The second bedroom, also with walk-in closet and private bath, opens up to the main terrace. Just off the large central patio, which showcases a water feature, is a gourmet kitchen and laundry, as well as a guest bath and media room, converted into an additional bedroom. Throughout the villa.
View it now
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Four Seasons Private Villa #11, Primavera model
Recently reduced! $2,400,000 USD
With over 6,400 square feet of indoor and outdoor living space, what makes Four Seasons Private Villa #11 special are its majestic views of the Pacific Ocean and Marietas Islands, as well as its full access to the services and amenities of the neighboring Four Seasons Resort. The residence artfully combines contemporary coastal architectural design with traditional colonial Mexican interior detailing, creating a true sense of place, and celebration of the open air, relaxed lifestyle of Pacific Mexico. Distinguished by a private infinity-edge heated pool, spacious covered terraces and patio areas, gourmet kitchen and an inviting design, Villa #11 radiates Four Seasons quality and detailing. Situated on a coveted hillside setting, Villa 11 is a two-story Four Seasons Villa with five bedrooms and 5.5 bathrooms. Fully furnished in finest quality classic Mexican decor, ownership of the residence includes membership in the private Club Punta Mita, with its two Jack Nicklaus Signature golf courses, Tennis Club (managed by Four Seasons Resorts), and the private Residents' Beach Club. Additional benefits include full access to the neighboring Four Seasons Resort, including the Apuane Spa and Fitness Center, pool areas, Kids for All Seasons activities, and Four Seasons restaurants, bars and in-room dining
View it now
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Hacienda de Mita 306
Beachfront opportunity! $1,595,000 USD
Beachfront condo with 3 large bedrooms and 4 baths, plus a flex room, in one of the most desirable communities within the gates of Punta Mita. Attractive, classic décor highlights the spacious architecture, marble floors and wood detailing of the residence. What makes this an exceptional property are the panoramic views across to Puerto Vallarta and the Marietas Islands, as this particular residence is in one of the few oceanfront buildings. Additional amenities of the Hacienda de Mita condo community are its own private Beach Club with swimming pool and clubhouse, 24-hour gated security entrance, easy elevator access into the unit, and covered underground parking with storage space. There is an infinity-edged community pool fronting each of Hacienda de Mita's buildings of eight condos.
View it now
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Hacienda de Mita PH 8-1
Reduced! $950,000 USD
This magnificent, fully furnished penthouse has 14-foot soaring ceilings and very spacious rooms. Encompassing 3 bedrooms with ensuite baths and a bonus suite for live-in maid or additional guests. It offers expansive views from every room to the Bay of Banderas, Islas Marietas and Jack Nicklaus golf course. Entertain on the extra large covered terrace complete with professional stainless steel BBQ while enjoying spectacular sunsets. The kitchen features a Sub-Zero refrigerator, Wolf 6-burner range, granite countertops and has been upgraded from the original developers design. Built-in tropical solid hardwood cabinetry in bedrooms and marble floors throughout. Along with marble and glass enclosed showers the master suite includes a built-in Jacuzzi tub while second suite has private terrace and full size bathtub. Residents Golf Club membership and two assigned underground parking spaces included.
View it now
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Las Palmas Villa #23
Upgraded model, priced to sell –$1,095,000 USD
Extensive customized upgrades and an exceptional location within the Las Palmas community make Villa 23 a special residence, and when added to its special pricing of $1,095,000, we believe it represents one of the best values for ownership within Punta Mita today. Bordered by the 2nd fairway of the Jack Nicklaus Signature Pacifico Golf Course, and just minutes from the Residents' Beach Club, this oceanview residence is in the "heart" of all that Punta Mita offers. The single-story villa has 3,777 square-feet of indoor and outdoor living space, with three exquisitely designed bedroom suites, each with a spacious bathroom. Notable details of the home include its upgraded integrated zoned sound system, upgraded fine stone flooring, upgraded technology package, and additional landscaping surrounding the infinity-edged heated pool. The Master bath features an oversized Jacuzzi bathtub with flat-screen TV above tub, plus an outdoor shower. The residence is fully furnished with a special interior design package, or has the option of purchase without furnishings.
Explore it now
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Now available! Single-family home sites at IMANTA
Look for information coming soon on a limited selection of home sites in the acclaimed beachfront resort community of Imanta. Home sites will be priced from $1,083,000 for a lot size of 4,862 M2; placing these starting prices at just over $200 per square meter – an exceptional value. Call us for details, and to set an appointment for a personal viewing
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'Riviera Partners Travel Services' - "Experience the Dream" package
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Just how special is it to own a home in one of Pacific Mexico's premier resort communities? As someone enjoying our "Experience the Dream" package you'll get a taste…
Now for a limited time Riviera Partners Travel Services is inviting select guests to come visit Punta Mita and discover why so many other discerning travelers decided to choose this as their preferred choice for a second home. As a guest you'll experience the luxury and attentive service typically reserved for property owners.
During your visit one of our team will arrange with you a personal showing of a selection of exquisitely appointed residences, based on your preferences and objectives.
This visitation program is designed for someone who is seriously considering the purchase of a resort home in the coming 12 months, and includes:
• 2 night /3 days in a luxurious Punta Mita residence, selected based on your preference and number traveling in your party. Options range from stylish 3-BR villas to sumptuous 5-BR oceanfront residences.
• 1 round of golf on the Jack Nicklaus Signature Pacifico course, at the private Punta Mita Golf Club.
• Lunch or dinner at the private Punta Mita Resident's Beach Club for two.
• Round-trip ground transportation from the airport.
• Pricing begins at $1,700.00* for the 2-night stay, including tax, for a 3-bedroom villa (low season rates, considering 2 people). Pricing for other options is available upon request.
To reserve this package, please contact us at: info@rivierapartnersrealty.com
• Not applicable during Thanksgiving, Christmas & New Years Eve. Subject to availability. Does not include food & beverage, tours or golf club rental. Other restrictions may apply.
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RIVIERA PARTNERS REALTY ALLIANCES
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Aerotron – New Saratoga plane available for short trip charters
Riviera Partners Realty's alliance partner, Aerotron, is the private airport (FBO) located adjacent to the Puerto Vallarta International Airport. Together, RPR and Aerotron are working to promote travel and investment in the Punta Mita, Riviera Nayarit and Puerto Vallarta regions.
Beginning in early February, Aerotron is proud to announce a new addition to its fleet of charter airplanes: a late-model Piper Saratoga, with capacity of five passengers, plus a pilot. The plane is fast, comfortable and safe. This addition allows Aerotron to better serve small grounds at more accessible prices, complementing their existing Cassna Caravan service.
Some sample rates include the following, but please feel free to call for a specific rate quote (note: prices below are subject to 16% IVA/tax, plus $15 USD airport tax).
• 60 minutes Sightseeing ????$650 USD
• Flight to Alamandas (40 minutes)??$865 USD
• Flight to Careyes (45 minutes)???$975 USD
• Flight to Gudalajara (60 mins.)???$1,300 USD
• Flight to San Miguel de Allende (90 mins.)?$1,950 USD
• Flight to Cabo San Lucas (120 mins.)??$2,600 USD
Aerotron is recognized as one of the premier Fixed Base Operators in Mexico, offering service to national and international clients in its two locations – Puerto Vallarta and Guadalajara. Many of our clients prefer private air travel to maximize time efficiency as well as to ensure the most stress-free travel experience possible. The full complement of services is available at Aerotron's facilities, including fuel, hangar, customs and immigration services, plane charters, repair and complete concierge services within their well-appointed passenger VIP and Crew lounge areas.
Additional information about Aerotron is available online at their website, or by calling: tel +(52) 322 226 8440. |
Featured Resort News: Golf & Gourmet Festival…Early-bird booking special expiring soon!
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Championship golf and culinary experiences will highlight the second annual Punta Mita Gourmet & Golf Classic, set for April 12 to 15 at the St. Regis Punta Mita Resort and Four Seasons Resort Punta Mita.
The event features gourmet meals and cooking classes taught by more than two dozen master chefs; a series of wine and tequila tastings; receptions and events at both resorts; and the Punta Mita Cup, a two-day golf tournament on the Jack Nicklaus Signature courses of Club Punta Mita, Pacifico and Bahia.
Early-bird package rates for stays booked by February 15 start at $1,180 USD per person, double, for a three-night stay. After that date, rates start at $1,390 USD.
The package price covers accommodations, daily breakfast, rount-trip transfers, guest chef lunches and dinners, wine and tequila tastings, cooking classes and participation in the golf tournament.
This is evolving into the top annual event in Punta Mita, and is a absolute treat of a weekend. For details, visit www.puntamitagourmetgolf.com
For additional information or reservations at St. Regis Punta Mita Resort, inquire at tel.: 329.291.5800, 5844, or visit
For additional information or reservations at Four Seasons Resort Punta Mita, visit fourseasons.com/puntamita, or call: 1 866.280.9490, or (+52) 329.291.6000
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Active Pursuits
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Surfing & Paddle Boarding (SUP): Punta Mita & the Riviera North Shore is one of the best places in Mexico for surfing and paddle boarding/paddle surfing. Offering good conditions year round, and several 'surf spots' around the Punta Mita peninsular ensuring that everyone from beginner to advanced can have fun, catch some waves and enjoy the Pacific Ocean. We meet up on Friday afternoons at 5pm on the beachfront of Hotel CINCO (formerly known as Hotel des Artistes) for the Friday Afternoon Board Meeting. The hotel has a fully-equipped Gerry Lopez AquaCenter, for anyone needing a board rental or other equipment. Depending on conditions, we'll either surf or paddleboard, taking a panga when needed to access optimal breaks. After, continue on for a happy hour on the rooftop Barefoot Bar, where surf movies will be playing, and the first cerveza is on the house. For more info, please contact Jonathon@rivierapartnersrealty.com or wally@rivierapartnersrealty.com.
Punta Mita Tennis: Monday evenings at 4:30pm, Punta Mita residents and friends can enjoy an hour of fun play and tips from our resident pro, Alex.
Thursday evenings from 7:00 to 9:00pm offers another opportunity to enjoy fun games of singles and doubles with fellow tennis players. These Thursday evenings are great fun and offer another opportunity to meet and get to know other tennis players in our local community, all ability levels are welcome.
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