Real Estate Developments in Mexico

Punta Mita is of the most popular locations of choice for new resort developments in Mexico. Located on a tiny peninsula (a 30-minute drive north of Puerto Vallarta) Punta Mita represents the outer fringes of the better known locations of Cancun, Puerto Vallarta and Los Cabos. Punta Mita, like Los Cabos or the Mayan Riviera, offers a more dramatic and exclusive guest experience. This dynamic is changing the resort scene in Mexico and is creating a not so subtle paradigm shift in investment strategies and hotel positioning within the formerly established markets.

The Punta Mita market is currently represented by only two major properties, the Four Seasons and the Wyndham Resort. However, development plans are underway for two new luxury hotels by 2008. The relationship between Punta Mita and Puerto Vallarta can best be described as mutually exclusive. Puerto Vallarta serves as a springboard (via the airport and ground transportation) for Punta Mita. Due to its remote location and exclusive nature, Punta Mita is not typically influenced by market conditions in Puerto Vallarta and only competes to a minor degree with one or two high-end hotels in the Puerto Vallarta market.

Alongside the luxury resorts are a host of villas and apartments that can be purchased under full or fractional ownership. Punta Mita has even more plans for expansion with another Jack Nicklaus golf course to be added to the current one at the resort.