Puerto Vallarta real estate investment guide with homes, condominiums and villas for sale in Puerto Vallarta, Punta de Mita, Nuevo Vallarta and surrounding areas.
The most exclusive luxury investments are taking place in the areas around Punta de Mita. The real estate has a restricted occupancy rate. It can be as little as nine bedrooms per 2.5 acres. This will keep the number of landowners down and encourage development of high-end living. La Punta Realty, for example, offers private home site lots and luxury villas on land valued as much as $2 million USD per acre. Construction is in full swing, as Punta de Mita ended 2005 with record closed sale figures of just under $160 million USD, 60% more 2004 sales (by comparison, total Puerto Vallarta Multiple Listing Service sales for the same 2005 period came to $70 million.)
Jalisco State, Pacific coast, western Mexico
Distance from Mexico City: 550 miles west
Closest major airport: Gustavo Diaz Ordaz Intl. aka Puerto Vallarta
Time zone: Central Standard Time
Climate: Wet/Dry with wet season from May 15 through November
Premiere hotel branded developments include the world renowned Four Seasons Resort, the St. Regis Resort, the Rosewood Resort and a Deepak Chopra spiritual retreat. All have their own residential villas and condo projects.
The Bay of Banderas is earning its reputation as a premier golfers' destination. The area has seven spectacular golf courses, designed by some of the world's top architects, including Jack Nicklaus, Greg Norman and Tom Weiskopf. Planned are 5 more golf courses around Punta de Mita alone.
The Bay of Banderas serves as the foreground for lush, tropical jungle, while the rugged Sierra Madre mountain range provides the backdrop. This is the vista that planners want to preserve. Luxury home buyers are gravitating toward ecologically sound and conservation-friendly communities, only a short distance away from the sophisticated dining, galleries, shopping, and night life of Puerto Vallarta.
Costa Alegra: Located about three hours south of Puerto Vallarta
through picturesque mountains and an hour or so north of Manzanillo,
Coast Alegra (Happy Coast) consists of the villages of La Manzanilla,
Cihuatlan, Melaque, Bara de Navidad, Isla Navidad, Tenacatita, Boca
de Iguana and Tamarindo.
In Mexico Costa Alegre translates to "Happy Coast" or "Joyous Coast"
or "Cheerful Coast" The actual translation of "Alegre" may be cheerful.
Costa Alegre Mexico is sometimes incorrecty called Costa de Oro
(Gold Coast) which is a larger section of the coast of Mexico of
which Costa Alegre is a part. Coasta Alegre Mexico is 57 miles long
and is designated an Ecological zone by a 1990 Presidential decree.
Along Costa Alegre Mexico there are surprisingly few roads leading
to the ocean itself which has many beautiful and secluded beaches,
some of which are only available by boat. The inlets and coves used
to be a safe place for pirates and explorers in the 17th Century
and are now safe haven for many of the private boats that cruise
Costa Alegre Mexico annually from November to April.
The few paved roads that do branch off towards the ocean and are
well marked, they will either lead you to a small town or to a grand
resort or residential area. Some of the turn offs are located around
Chamela Bay, Carayes, the Bay of Tenacatita, Melaque and Barra de