What’s New in Real Estate in PV?
Well this place is booming! There is construction going on all over the place and there are some very exciting and very exclusive properties being built from the south side of Vallarta all the way to Punta Mita in the Riviera Nayarit.
How can I tell what the best choices are?
It is definitely good to know who the developer is and who is marketing the property. Although, as I tell you in my article on the Real Estate Conference, Vallarta’s real estate is a world of highly competitive professionals that have been strengthening Vallarta’s image and reputation worldwide, some of these have bright histories of successes.
This time I will embark on one of the newest developments in the Bahía de Banderas:
• Avalon on the Ocean
 Terra & Mare, the developer of this property has built some projects already becoming landmarks in Puerto Vallarta; these are; Avalon I, Paramount, Horizon, La Cima I and La Cima III.
These are finished products that sold in record time and are already worth much more, about 50% up from their pre-sale price. This says a lot about the conditions of the real estate market in the Bay of Banderas versus those in the rest of the world.
Avalon on the Ocean represents Terra & Mare’s next step, that is, bringing the quality of their scenic properties to the beach in the Riviera Nayarit.
Avalon on the Beach is building only 72 condominiums in a 1.236 acre lot right on the beach just north of Bucerías, Nayarit. 20 minutes from Puerto Vallarta’s international airport. There will be 64 three-bedroom condos starting at 226 0sq ft and USD $526,000 and 8 four-bedroom Pent-Houses starting at 5380sq ft and USD $1,110,000. Among the features offered there is an infinity pool, gym/spa, maid service, lounge areas, jacuzzi, concierge and a beach club. The approximately 100 yard sandy beach stretches forever in both directions.
It is marketed by Frava, the indisputable number one high-end property broker in Guadalajara, second largest city in México and the capital of our state, Jalisco. The property carries a legal construction completion bond and is scheduled for delivery in 2010. Email to a friend
For information contact:
Eduardo Rincón-Gallardo
Email: erincongallardo@fravapv.com.mx; alternate Email: toureps@prodigy.net.mx
Cellular: (from the US & Canada) 011 52 322 294-0240. Locally: 044 322 294-0240
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