Welcome to our February 2018 edition of the Riviera Partners Realty (RPR) monthly newsletter.

2017 was a record-breaking year for Mexico in tourists visiting our country. 2017 ended with 39.3 Million tourists that decided to visit Mexico as their chosen vacation destination, helping to move our country up to number 7 in the world and having an increase of 9% compared to 2016 and leaving in excess of USD$21,370,000,000.00 (billion) dollars a year in revenue. All Resort touristic destinations grew from 2016 to 2017 double digits and substantially in our area experiencing a 12 % growth annually. Despite the complicated and challenging US-Mexico relations at this moment a total of 10,843,000 Americans visited Mexico between January and November 2017. The Mexican economy performed better than expected during the first half of 2017 with annual Gross Domestic Product (GDP) growth at 2.3 percent. The unemployment rate in Mexico is at its lowest since 2006. Mexico has experienced improved conditions in the financial markets as the peso appreciated with respect to the U.S. dollar, following a significant depreciation earlier during the year.

These, along with other key factors have attracted to Mexico and particular to our Riviera Nayarit area several investment funds and investors to start looking closely and developing new hotels, resorts and residential communities. The recent announcement of the One and Only resort and private homes at Mandarina https://www.bloomberg.com/news/articles/2018-01-26/one-only-resorts-sells-its-first-homes-in-a-1-billion-project as well as the Fairmont resort and community at Costa Canuva (http://www.fairmont.com/press-room/articles/fairmont-costa-canuva/ - in addition there are several others high-end hotel brands along with branded private residential communities that will soon to be announced in our area. These investment funds see great opportunities here in Mexico for the foreseeable future, especially owning hotels and resorts in a market with the current touristic trends exponentially improving and where operational cost are in Mexican pesos and revenues in US Dollars.

This is all creating a very dynamic and bullish real estate market, and a positive trend and movement on real estate inventory opening new opportunities for developers to start feeding the pipeline with new residential products. The Mexican clientele is more active than we have seen in recent years as they are not feeling so welcome to take their vacations and invest in the US at this time, due to the Current Mexico-US political relationship and the NAFTA negotiations that are currently taking place. We are seeing the US clientele continue to grow, as well as the Canadian clientele are returning once again in greater numbers.

Despite the Mexican Presidential elections which are to be held on July 1st, 2018, we feel and perceive the strengthening market is set to continue through 2018 and beyond. We look forward to hosting you for your personalized tour. For more information on purchasing your dream home here in our Paradise contact us NOW!

Jonathon, Wally and the team at Riviera Partners Realty and Riviera Rentals Mexico.

5th ASPV Art Auction
on Wednesday February 21st 2018 at 6:00pm, this year at the Kupuri Beach Club, and Carl Emberson will be the auctioneer! More...

CASA FRAGATA

Casa Fragata is a contemporary modern home, set in approximately one-half arce home site with private water access. The property is located within the most privileged area of Villa 4. Island, an exclusive community within Nuevo Vallarta. Casa Fragata is a spectacular property on the water in Nuevo Vallarta. With modern architectural design and high-end finishes and furnishings this property is unique within the waterways of Nuevo Vallarta and our entire region.  Casa Fragata is accessible by land and sea, the private dock can accommodate yachts up to 150 feet long, and is only a few steps away from the home’s outside terraces, pool, and garden. The property has 6 spacious luxurious bedrooms, each with its own en-suite bathroom. There are 2 additional full bathrooms and a powder room. The property offers expansive living and entertaining areas, large covered and uncovered terraces, with pool, swim up bar, gardens and majestic canal views.

For the yachting enthusiast, this is THE property for you here in our region.

EXCLUSIVELY LISTED BY

LOS VENEROS PACÍFICO 403

This beautiful ocean front condominium offers amazing ocean and beach views. Located in the beach front “PACIFICO” building inside of the exclusive Los Veneros Resort. This property is one of the exclusive 41 beachfront units in the development, offering 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.

EXCLUSIVELY LISTED BY

PORTA FORTUNA RESIDENCES

Porta Fortuna means the “holder of good luck” and it truly will be a fortune few who become the privileged owners of these 11 spectacular private ocean residences, all located on beautiful Porta Fortuna Ocean Club with breathtaking views across Banderas Bay.

Porta Fortuna luxury homes blend contemporary Mexican architecture with modern finishes and state of the art appliances. The hacienda-style courtyards open up in to spacious living areas that focus out towards the sea and each residence is complete with private plunge pool, a 2 car garage and golf cart, perfect for enjoying all the amenities included with your complimentary Punta Mita Club Membership.

Porta Fortuna Ocean Residences are located in one of the most desirable areas of Punta Mita, adjacent to the Punta Mita Pier, perfect for ocean adventures, stand up paddle-boarding, snorkeling or fishing by day or for a romantic stroll in the evening after dinner at the popular Sufi restaurant.

LAS MARIETAS

DINE, master developer of Punta Mita, and JLL (Jones Lang LaSalle) are pleased to announce the last phase of Las Marietas. An elite enclave of only 42 residences located adjacent to the 18th hole of the Jack Nicklaus Signature Bahia golf course and named for its incredible views across the Pacific Ocean to the Marietas Islands.

Comprised of seven residences per building, only two per lever with elevator access, underground parking and owner’s storage space. All buildings will share a centrally located recreational facilities featuring a styled swimming pool fitness center and BBQ area for you to enjoy the art of living well.

These condominiums offer easy tropical sophistication with spacious 3-bedroom and 4-bedroom floor plans, lock-offs for guest facilities, dual master suites, captivating ocean views and private infinity-edge plunge pools.

Owners at Las Marietas also enjoy exclusive access to the Sea Breeze Beach Club at The St. Regis Punta Mita Resort, for perfect Punta Mita lifestyle.

This project has been so well-received that only two years after launch, construction is drawing to a close and only a few select units remain available for sale, making this the final opportunity to invest in these spectacular residences.

MANDARINA - One&Only Private Homes

Imagine a place surrounded by your favourite vistas of the lush mountainside and Pacific Ocean. Welcome to a paradise you never have to leave. Welcome to One&Only Private Homes. Among the first One&Only Private Homes to own in the world–a collection of 55 ultra private villas awaits.

PUNTA MITA'S PREMIER SHOPPING PLAZA

Plaza Ollin is a modern Boutique Shopping Plaza conveniently located just 100 meters from the second entrance to the Punta Mita residential community. Plaza Ollin offers an excellent shopping experience with a variety of boutiques, deli and grocery market. We offer everything from RPR Punta Mita Real Estate, Mercado Ollin, Boca Deli, Mar de Sueños, Belén del Mar Luxury Spirit, Casa Residential Management amount other service providers. Our mission is to provide a unique experience here in Paradise with a little of everything that one may need while here and a meeting place to get together with friends.

Everything you need!

Monday to Saturday 8am to 8pm - Sundays from 10am to 6pm!

We are an authorized Mexican Insurance Broker (O'Rourke & Asociados, Agente de Seguros) providing professional insurance services to our clients for more than 30 years. Our English speaking staff has the experience and know-how to provide you with the personalized service for your peace of mind and security.

As an authorized insurance broker, we represent multiple insurance companies, enabling us to provide our clients with the best coverage at the lowest possible premiums. We offer insurance coverage for:

Central Toll Free within México 01.800.364.7400
francesca@oaseguros.com.mx
www.oaseguros.com.mx

PUERTO VALLARTA
(322) 176-0770

GUADALAJARA
(33) 3122-2200

SAN MIGUEL DE ALLENDE
(415) 154-9956

AJIJIC
(376) 766-0152