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Latin America Real Estate Site Heralds Top Ranking for Retirement in Mexico
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emediawire.com
July 2, 2008


As more and more people retire in Mexico every year, Latin American Home Investment is proud
to announce the country's ranking as the best place to retire in the world by International Living.
 

Puerto Vallarta, Mexico (PRWeb via PRWeb) July 2, 2008 -- Latin American Home Investment, an online network that offers information about Latin America real estate, is pleased to announce that Mexico has been named the best place to retire by International Living. The popularity of retirement in Mexico has been growing exponentially in recent years for a number of reasons, as this recent ranking in the magazine's Global Retirement Index proves. Americans and Canadians who have chosen to retire in Mexico already know the benefits of purchasing real estate south of the border. The real estate in popular tourist destinations like Puerto Vallarta, Punta de Mita, La Paz and Manzanillo is inexpensive, goods and services are very affordable, and quality medical services are a great deal. With familiar chain stores and restaurants popping up everywhere, in addition to the friendly traditional Mexican restaurants and shops, retirees also feel at home after they retire in Mexico. Not to mention the sunny weather and beautiful landscapes.
Mexico retirement was ranked #1 by International Living based on a series of criteria including cost of living, infrastructure, healthcare, safety and stability, real estate, special benefits and immigration perks. As the team at Latin American Home Investment knows, Mexico offers tradition and beauty combined with contemporary living and all the amenities that go along with it. There are many great areas to retire in Mexico, where one's quality of life can go up as the cost of living goes down. This is just what many retirees are looking for right now.


About Latin American Home Investment:
Living in Latin America is becoming more popular than ever before. An array of choices between communities, cities and land developers has come with that popularity. Latin American Home Investment has built a home for communication, input and suggestions for the best and worst Latin American Real Estate Opportunities. Their goal is to assist those seeking to retire, invest and relocate to Latin America.
Latin American Home Investment provides access to basic relocation and purchasing information for:

Acapulco - Mexico
Argentina
Baja California - Mexico
Belize
Cabo San Lucas - Mexico
Cancun - Mexico
Central Mexico
Costa Rica
Guatemala
Mayan Riviera - Mexico
Mexican Riviera
Nicaragua
Panama
Puerto Vallarta - Mexico.
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 Real Estate Intelligence
Mexican Land Grab

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Peter Slatin
Mayo 2008


Seeking to spread the already expansive success of its Four Seasons Punta Mita property, Strategic Hotels & Resorts has acquired the lone remaining hotel site--indeed, the lone remaining for-sale development site--at the 1,500-acre Mexican resort development near Puerto Vallarta on the Pacific Coast.

With the $53 million purchase of the 57-acre site from DINE, the Mexican firm that originated and remains the master developer of Punta Mita, Strategic (nyse: BEE- news - people) now owns three of the four hotel and resort sites there and is poised to profit from the continued development of the sprawling gated peninsula.

Strategic bought the Four Seasons in early 2001, when Punta Mita was still a largely conceptual adventure for DINE, the real estate arm of Mexican giant DESC (although DINE has spent $150 million of very real money in infrastructure costs). The hotel was having trouble attracting guests and selling the villas affiliated with the property. That has changed: Today, some 20% of the roughly 900 residential units planned for the entire low-density Punta Mita project have been built or are under construction, and sales of $84 million through the third quarter of 2007 were more than 30% higher than year-earlier figures.

As for the Four Seasons, with 160 rooms (double the original total), the hotel is among the top earners in the Four Seasons group in occupancy (80%) and room rates, which average above $700 a night. And DINE has built and sold more than 50 Four Seasons villas at the property, with some units in the most recent phase of development selling for more than $4 million.

How deeply the Mexican resort market overall and Punta Mita itself will be affected by the global liquidity event now underway or by a recession in the U.S. is an open question. However, few Punta Mita buyers require loans for what are second, third or fourth homes.

For many buyers, interest begins during a stay at the hotel; naturally, Punta Mita's marketing group hopes that more hotel rooms will bring more interested buyers. "The residential sales will feed off the hotels," says Strategic Chairman and CEO Laurence Geller. "We're really pandering to Gen X and baby boomers."

Lynne Bairstow, who directs the marketing and sales effort throughout Punta Mita, says the precedent for that was set early on and is now being expanded. "Originally, the vast majority of buyers came from the hotel," explains Bairstow. "But now they come from referrals, villa rentals and local brokers as well. If you double or triple resort guest rooms, you will double or triple the buying pool." That's important too, notes Bairstow, because "no one buys without coming down first."

Strategic is based in Chicago and owns and operates a strong collection of high-end hotels. Geller says the company plans to break ground Jan. 15 on what it is calling La Solana at Punta Mita, which is adjacent to the Four Seasons; the company bought that site from DINE in 2006 for $29.5 million, and now intends to build some 90 hotel suites at a service/amenity level that Geller says will take the Four Seasons up a serious notch. Those units will be completed by 2010, and work on Strategic's newly acquired site should be finished a year after that. So far, no flag has been signed there, but Geller, winking madly through the telephone, says he expects to build "something of the quality level of a Ritz Carlton."

Before either of those properties opens, though, the Four Seasons will face competition from a 120-room St. Regis, which is expected to begin receiving guests this summer with a grand opening in the fall. When all four hotels are open--with barely 500 rooms in total--Punta Mita will have done more than its share to establish the image of Mexico as a high-end resort destination for North American travelers.

Indeed, says Geller, with its concentration of gated top-name resort hotels and tight visitor control throughout, "Punta Mita suddenly becomes the most exclusive luxury enclave on the western coast of North America. It's a gated community with the luxury hotels where rubberneckers aren't welcome." And like any proper riff-raff-free area, it will have the shopping to match--most of it in Geller's hotels. Together, his three properties will have 20,000 square feet of "very exclusive retail" along with 10 restaurants (three are at the Four Seasons already).

As important as the hotels are on their own, Punta Mita's master developers see them as essential marketing tools for the condos, villas and mansions that are being slowly developed. Then there is the sine qua non of resort development: golf courses. Punta Mita's have been designed by Jack Nicklaus. One, connected to the Four Seasons, stretches along a spectacular ocean vista, and another is being built as part of the St. Regis.

With all of the development sites on the peninsula now spoken for, DINE will be focusing on its own projects and on supporting sales for the entire peninsula, as well as on continuing the massive infrastructure development of the area. DINE acquired the huge site in the early 1990s and began to build out roads and other infrastructure; it also built a town for residents of the scattered fishing villages that dotted the seaside. Those locals who remained now live in that town, which abuts some of the luxury developments.

Punta Mita's success has spawned other resort projects nearby, and Puerto Vallarta is at the heart of a somewhat disturbing condominium boom that crowds the highways with signs for prospective buyers. However, hotel development there remains surprisingly sluggish. Still, with large resort projects aimed at mid-scale as well as upscale travelers by both private interests and Mexico's government development agency, Fonatur, underway in the area, local roads from the airport in Puerto Vallarta are strained at peak times of the year. DINE and others are exploring everything from road expansion to an airport upgrade and even the creation of a new airport.

As development in the still-young project moves into its next phase with a more secure footing, thanks to the success of the Four Seasons and the developers that brought the product to market, DINE and its partners can claim some vindication in carrying out what seemed an outsized vision, both in physical proportion and in its business trajectory.

After all, when DINE acquired the land, says Bairstow, "People, at the time, thought they were nuts. Nobody thought of Mexico as a luxury destination." But bringing the first Four Seasons to Latin America should have been a tip-off to DINE's determination, and its resources. Now, she says, "For gated communities with a hotel anchor, Punta Mita has become a model."

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Riviera Nayarit Where Time Loosens Up
Ana Álvarez & Benjamín Alcántara
Escala Magazine – Aeroméxico Airlines
March 2008


Overlooking the Pacific Ocean from Villa Bella´s high perch, a couple begins their honeymoon in a diaphanously draped bed. Across the way, aromas wafting from the Garza Canela kitchen magnetize members of the British nobility. In between, New York´s leading designers confab at the Cielo Rojo, while in Villa Corona del Mar, legends are recounted against a background of waves and norteña music: the very essence of Nayarit Rivera diversity.

It might be a little hard to believe that in the five minutes it takes to drive across the Río Ameca Bridge, separating Puerto Vallarta and Nuevo Vallarta, the clock winds back an hour. But once you’ve done it, it doesn’t take long to dawn on you that you’re in another zone altogether; one where time loosens up. Time is not the only thing that gets relaxed, though. Space, too, seems more congenial, more malleable, when you discover that creativity not only applies to the culinary and plastic arts but also to places where you can stay. No matter if it’s a cozy little bed and breakfast or a slinky minimalist boutique hotel, some honest-to-goodness signature hotels lie in wait beneath traditional Nayarit tiled domes.

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Like Family

A converted stable serves Villa Bella’s owners as headquarters, where they make plans for arriving guests as though beloved family members were coming to visit: they pick them up at the airport, prepare their favorite breakfast, suggest things to do, whip up some chicken soup if someone gets sick and, once guests go back home, they send them letters describing the pool terrace view of how the flower-strewn road looked for the Cruz de Huanacaxtle fishermen’s pilgrimage to the Virgen de la Paz Church.

The absence of phones and TV sets in Casa de Mita’s eight rooms is clearly a comfort, not a drawback, to its guests. After a relaxing massage, feeling as pampered as royalty, what could be better than delving into a great novel? Every now and then, though, they glance up to take in the beauty of the white sand dunes, and when the feeling moves, saunter off a few steps to the Four Seasons, for a dinner of Chat Masala tuna steak fit for a king. Truth is, on this chunk of turf where so many artists thrive (like the Michoacán-bred farmer-turned-painter and Californian surfer-sculptor), oases definitely abound.

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In Sayulita, this concept is reinforced by the flute melody that sweetens the night air at the Hafa (“luck” in Arabic), a small, Moroccan-themed boutique hotel that reflects the refined simplicity of its owners, whose Chihuahua pooch is never far away. Decorated in angel wings, seashells and silvery stars, the hotel is a universe unto itself, right in the middle of town.

In San Pancho, on the other hand, all it takes to get transported to another planet is watching the sunlight on the sand: no sweat, no strain, but cool all the same. Here, on streets named Saigon, Cambodia, Kenya, Ceylon and the like, fishermen’s houses stand beside Italian bakeries, turtle-protecting ecology NGOs, yoga centers, art galleries and a boutique hotel called Cielo Rojo, where guests delight in a unique blend of “charm and culture”. Amid walls festooned with black-and-white photos of boxers, dancers and such, the owner, who formerly designed posters for Hollywood movies, pours shots of small-batch tequila, while holding forth on his favorite subject: antiques. He has a wealth of information about the background of the pieces decorating the place. Is it any wonder this hotel’s a veritable art gallery?

The tales told at Villa Corona del Mar are certainly worthy of the Hollywood treatment. Until recently, guests to this once family-owned villa had to arrive on horseback. Now, though, it’s a bed and breakfast with a lore-chocked master suite, complete with private elevator. The owner, who once managed the Seattle Marriott, believes that trust makes for a luxuriously relaxed atmosphere and proves his point with an honor-system bar, where a logbook lets guests keep their own running tabs. Surely, too, the hotel’s location near a water tower dubbed the ovni (UFO) by the locals helps make a stay here an out-of-the-ordinary experience. Not to mention that strip of solitary beach right outside Villa Corona del Mar’s big picture windows, even though it’s snuggled in amongst Rincón de Guayabitos’ shrimp and fish kabob joints and boot-scootin’ dance halls.
Here, the toughest decision is whether to listen to the waves lapping up just outside the “Los Delfines” room or to the jukebox in the beer garden, a spot designed by a woman from Munich who left her job in Las Vegas to come live in more tropical climes.

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From Basic to Fantastic

The wide variety of accommodations is not all that recommends Nayarit’s Riviera. Rave culinary reviews are not limited to the handmade pastas, jumbo shrimp and curried ice cream prepared by international chefs attending the two-week-long, November, Puerto Vallarta and Nayarit Riviera Gourmet Festival, that takes place in Frascati, Aramara and other fancy restaurants. The region’s own culinary treasures are even being exported to the Nikko Hotel in Kuala Lumpur, Malaysia.

Chicken breast, stuffed with dates, prunes and orange, with ancho chile or baked fish filet with parsley, garlic and powdered Spanish ham are just a couple of examples of Betty Vázquez’s repertoire of dishes to “pamper and satisfy the souls” of visitors to San Blas. Betty, who first wanted to be an airplane pilot, now cooks for ardent fans of the Hotel Garza Canela’s El Defín Restaurant, surrounded by the cookbooks she has collected in her travels. To further hone her skills, she recently did an “apprenticeship in alchemy”, learning to make marvels like fish scale powder, under acclaimed chef Juan Mari Arzak, in San Sebastián, Spain. An avid traveler, yet deeply rooted to home, Vázquez will shortly be departing for Malaysia as guest chef, an event about which her father ironically observes, “San Blas, so connected with the world, but so seemingly forgotten.” So, while savoring herbed shrimp with chipotle chile, plantain and cinnamon, diners discover that the Nayarit Riviera has the same effect: it subtly enhances the flavor of life.

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Riviera Nayarit is Mexico's Next Great Place
newsline
Jayne Clark
Friday, March 7, 2008


SAYULITA, Mexico — For some residents of this formerly secret surfers' haven on the Pacific coast, the sure sign of gentrification came in December with the opening of the town's first wine bar. Others cite the $18,000 life-size wooden horse displayed at a swank home décor shop north of town as evidence of the area's seismic demographic shift. Still others point down the beach toward gated Punta Mita, where new villas start at $4 million.

Could celebrity sightings be far away?

"There's one behind you now," says Richard Zarkin, whose job is to market the image of what may well be Mexico's Next Great Place. He motions to a hunky guy at the next table hunched over a laptop and a bowl of oatmeal.

Indeed, it's grooming guru Kyan Douglas, one of the stars of the former Bravo TV reality show Queer Eye for the Straight Guy and a new Sayulita homeowner. So what if he lacks the stature of, say, a Richard Burton, whose presence (along with Elizabeth Taylor, director John Huston and a cadre of other Hollywood greats) helped propel nearby Puerto Vallarta to fabulous status back in the 1960s? The horde of developers, hoteliers and marketers flocking in recent years to this 100-mile stretch now known as the Riviera Nayarit are seeing to it that the word gets out.

The beaches here range from secluded rocky coves to wide, palm-fringed expanses. The sea shimmers a dazzling Caribbean blue on some stretches, thanks to an abundance of coral reefs. And thick jungle foliage cloaks the slopes of the Sierra Madres that tumble toward the shore.

The character of the 20 or so Riviera Nayarit locales varies from bustling to sleepy. The coast begins at Nuevo Vallarta, chockablock with big, all-inclusive resorts 15 minutes north of the Puerto Vallarta airport, and ends at San Blas, whose largest hotel has only 50 rooms. In between lies everything from new ultra-exclusive gated enclaves such as Punta Mita; the '70s-vintage mass-market resort town of Rincón de Guayabitos; pristine beaches that draw campers, such as Chacala; and fishing villages with growing ex-pat populations, such as Sayulita and San Francisco.

In the past two years, the Mexican government has infused the coast with $1.5 billion in infrastructure, primarily at the southern end on the Bay of Banderas. But the region took a promotional leap forward last year when Mexican tourist officials tacked "Riviera" to the state name of Nayarit. Within three months of the March 2007 announcement, more investment money poured into the state than in all of 2006. When land in one government-planned resort went on the block, it sold out in only 20 days.

Meanwhile, in various places along the coast, villages whose commerce once revolved around taco stands and auto repair shops have sprouted organic cafes, yoga studios — and hotels for well-heeled travelers who demand such amenities. Nineteen lodgings with more than 4,000 rooms are slated to open by 2011. One major development, Litibú, will house seven upscale resorts and boutique hotels, and a Greg Norman golf course is due to open there this fall. Farther south at La Cruz de Huanacaxtle, a new marina accommodating yachts of up to 400 feet opened in December, with more surrounding hotels, shops and housing to come in the next two years.

This sort of cushy exclusivity is drawing Hollywood glitterati — Jennifer Aniston, Will Smith and John Travolta have checked into private villas. And Britney Spears, Robert De Niro and Elton John are among past celebrity sightings at the Four Seasons Punta Mita.

In fact, the Four Seasons, where high-season rates start at $590 a night and the poolside cabanas rent for $250 a day, sparked the luxury development boom when it opened in 1999 on 1,500 acres of manicured perfection. Now, private villas in the gated resort community are priced at up to $6 million. A second Jack Nicklaus golf course opens this fall, as does a 120-room St. Regis hotel next door. Also at Punta Mita, a super-exclusive adults-only suites hotel opens in 2010, and the Enchantment Group just announced it will open a 30-room destination spa the same year.

A second government-planned tourist development with an airport is destined farther north at El Capomo. And just south of there at Punta Raza, private developers have started work on a project that will yield eight hotels, including a Grand Hyatt and Park Hyatt, 950 homes and a golf course.

Up and down the coast, hand-lettered for-sale signs promising privacy and views peek through the jungle foliage. In some towns, real estate sales offices masquerading as "cultural centers" lure unsuspecting visitors.

Clearly, the land rush is in full swing. And while that may annoy some, some newcomers are taking the rapidly changing landscape in stride.

"The selfish part of me wants to keep this place a secret," says Douglas, finishing his breakfast at Choco Banana, a popular eatery in the heart of Sayulita. The Queer Eye star discovered the fishing village — not so long ago an off-the-beaten-path surfing spot — in October, when he sneaked out of a nearby yoga retreat to get an iced mocha in town. "But the reality is, everything changes."

Ian Hodge, an early ex-pat resident who first came here to surf in 1999, isn't bemoaning the changes either, given creature comforts such as high-speed Internet and steady water pressure he now enjoys in his jungle home. Hodge dates the beginning of the boom to 2004, when more Americans began building houses. That, in turn, spurred the opening of more restaurants and more hotels.

"When we moved here, we never dreamed this would happen," says the former Bend, Ore., resident. "But I think Sayulita is better than ever. You can get a non-fat latte and good wine and good cheese and better vegetables than you'll find in (Puerto) Vallarta. But it's not a tranquil little fishing village anymore. It's a thriving Mexican village that thrives because of visitors."

Just north of Sayulita, little San Francisco (popularly known as San Pancho) seems staid in contrast to the surf town's boisterous eclecticism. Sidewalk taco stands outnumber full-service restaurants. The wide, white beach is laid back by day, and the cobbled main drag is deserted by early evening. The town has an artistic bend, with an annual music festival and a 40-member artists' collective. Vacation villas are perched on the hillsides around a town that has long boasted more amenities than similar villages, thanks, in part, to former Mexican president Luis Echeverria, who had a vacation home here.

Longtime San Francisco resident Mayte Cisneros relies on tourism as part owner of Bungalows Lydia, a former family retreat set on a spectacular oceanfront bluff overlooking an arc of secluded beach. But even good times like these can be disconcerting.

"People say, 'You are the only Mexicans here.' Yes, it seems like we are, and we're not leaving," she declares.

At the Riviera Nayarit's northern reaches in San Blas, there's less evidence of a tourist boom, though a new marina is under construction. The area attracts bird-watchers from November to March. History buffs come to see the home of 18th-century mission founder Junipero Serra. And in summer, novice surfers flock to its shallow 2-mile long beach. But the swarms of jejenes (hay-HAY-nays, or biting gnats) and mosquitoes, which breed in the thick mangroves there, have thus far outwitted tourism developers.

Betty Vasquez, a Cordon Bleu-trained chef who runs the restaurant at her family's Hotel Garza Canela, doesn't mind. "We respect the environment here," she says. "This is still a quiet town. We still know each other. We don't want an onslaught of tourism."

Neither does Juan Bernal. But like it or not, it's coming.

The 23-year-old and his parents operate Rincón del Cielo, a small hotel on one of the prettiest beaches in Mexico. It's a basic (no electricity) eight-room operation facing a 1½-mile arc of sand leading to an estuary.

Bernal motions to a road cutting through the coconut palms to where work on the eight-hotel Punta Raza development is beginning.

"They've blocked access. They want to put up a wall for protection," he says with a laugh.

But when it's suggested that the new commerce might be good for his own family's enterprise, he interrupts, saying, "We like things they way they are now."

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For Culture Seekers:
Mexico's Riviera Nayarit

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Charles Passy
January 24 2008


In terms of Mexican beach destinations, there are the obvious three Cs - Cancún, Cozumel and Los Cabos. But a less touristy, and therefore less pricey, alternative has emerged in what's being dubbed the Riviera Nayarit, a 100-mile stretch of Pacific coast just north of Puerto Vallarta.

The Riviera maintains the flavor of the "real" Mexico that's rare in the three Cs. Here roadside markets offer homemade candies and juices. Farmers transport produce via mules. And Mexican families congregate on the beaches, listening to Tejano music on portable stereos.

Make like a local in the fishing village Bucerias, the bohemian surfing town of Sayulita, or tiny San Francisco. These communities offer quality beaches with whale watching and snorkeling - and without a crush of Americans. But go now because 30 resorts will be built here in the next five years, says Erica Duecy, restaurants and hotels editor at Fodor's.



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