On this page i will post quotes, links, and others regarding living and investing in Mexico, that i come across on the internet or other medias.
|
By Jayne Clark, USA TODAY 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. PHOTO GALLERY: Mexico's Riviera Nayarit The character of the 20 or so Riviera Nayarit locales varies from bustling to sleepy. The coast begins atNuevo 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."
original USA TODAY http://asp.usatoday.com/travel/GCITravel/InsidePage.aspx?sUrl=/travel/destinations/2008-03-06-riviera-nayarit_N.xml&cId=californianonline |
NEW INFORMATION RE FONATUR DEVELOPMENT-PUNTA RAZA, PLAYA TORTUGA, NEW HIGHWAYS AND MORE!!
Posted in: Puerto Vallarta Real Estate News
By Playa Las Tortugas Realty
Jan 9, 2008 - 10:55:10 AM
The “Tourism Corridor” Plan A long-term “Tourism Corridor” program for Puerto Vallarta and the State of Nayarit, Mexico has been developed and is being instituted through the joint efforts of local, state, and federal government agencies.
The plan focuses on transforming the coast of Nayarit north of Puerto Vallarta up to San Blas into a sustainable tourism destination, now branded as the “Riviera Nayarit”.
The parts of Nayarit included in the plan are the municipalities of Bahia de Banderas (Bay of Banderas), Compostela, and San Blas. The total area considered by the plan in Nayarit is approximately 118,000 hectares or 303,000 acres.
Mexico’s national department for tourism development, FONATUR, the agency responsible for spear-heading development of Los Cabos, Cancún, Loreto, Huatulco and Ixtapa, is providing considerable support to help insure success of the “Tourism Corridor” plan.
Note that the versions of illustrations of the tourism corridor plan shown here are from 2002, and you will see that many of the projects forecasted have already been started, and even finished. As of December 2007 there are probably over a dozen 30-floor buildings either under construction or planned for the Puerto Vallarta and Nuevo Vallarta areas, the marina at La Cruz de Huanacaxtle is essentially complete, the “Four Seasons” complex on Punta de Mita is well-developed, and the new resort area at Litibu is in advanced stages of construction.
Playa Las Tortugas, “Riviera Nayarit”
Playa Las Tortugas”, in its setting of 4 kilometers of coconut palm groves, is found in the heart of the rapidly growing “Riviera Nayarit”. A significant level of new development is occurring within the “Tourism Corridor” area, and projects are being announced at an ever increasing pace. Click on the image below to see project locations.
Over the next 5 to 7 years there will be two very important tourism markets looking to enjoy the beaches of Nayarit.
While millions of “baby boomers” from northern climates are searching for their spot on the warm, sunny coasts of Mexico, there is also a burgeoning middle and upper-middle class in Mexico flexing their buying-power via increasingly competitive mortgage loans and interest rates.
The “Tourism Corridor” Overall Plan Strategy
Major Components of the “Tourism Corridor” Plan
The “Tourism Corridor” plan initially employs Puerto Vallarta, a traditional beach vacation center (CTP) with its international airport, to “jump-start” development of the first “Integral Tourism Projects” (PTI’s).
There are six initial PTI’s that comprise the most important areas to be developed, numbered as “PTI-1” through “PTI-6”. Two of the PTI’s (1 and 6) are made up of multiple locations.
Integral Tourism Project (PTI) 1
“PTI-1” includes Puerto Vallarta, Nuevo Vallarta and Flamingos Vallarta projects, already well-advanced, and the expansion of the Puerto Vallarta International (PVR) Airport.
The airport expansion has been in process for several years. First a raised section of highway was installed to provide room below for better access, then a new departures check-in section was added to the terminal, and now a new set of gates and jetways are practically completed. The plan also calls for addition of another runway.
Integral Tourism Projects (PTI) 2 and 3
“PTI-2” is found on the north shore of Banderas Bay between Bucerias and Punta Mita (well-advanced including the new marina) and “PTI-3” is Punta de Mita, also well advanced with its world-class “Four Seasons” resort.
Integral Tourism Project (PTI) 4
The “PTI-4” includes an area just 18 kilometers south of “Playa Las Tortugas” known as “Boca Chila”. Numerous parcels of land have already been purchased by investors in the Boca Chila area and consolidated so that a development of significant size can be carried out. Adjacent to “Boca Chila” is Chacala and the “Marina Chacala” project where ocean front and ocean view lots have been developed and several homes from $1,800,000 to $2,500,000 USD are currently under construction.
Integral Tourism Project (PTI) 5
“PTI-5” is the “Lima de Abajo - Puerta de la Lima” area, north of Guayabitos/La Penita and south of Las Varas. This PTI includes Punta Naranjo, Boca el Naranjo, and Playa el Naranjo. A considerable amount of beachfront property has already been privatized and consolidated in anticipation of beginning development in “PTI-5”.
The road from Highway 200 has been paved down into the development area, and a new high-speed federal highway is approved (and the first section funded) to be constructed to access Nayarit beaches in this immediate area. The new highway connection to Puerta de la Lima will originate from the four-lane international highway near Jala (Jala is between Tepic and Guadalajara on the four-lane toll road) and terminate at Highway 200 near Puerta de la Lima.
This new highway will make for easy beach access from large metropolitan areas such as Guadalajara (more than 4 million population), Aguascalientes (more than 750,000 inhabitants), Leon (Leon-Silao more than 3 million residents) and other important inland cities, opening Nayarit beaches to Mexico’s growing middle and upper-middle classes. You can see the approximate highway location in the above plan, departing from Puerta de la Lima and headed right (east) just underneath the “SSR” label, as well as below. The illustration below originated from a file generated by the Secretary of Communications and Transport.
Integral Tourism Project (PTI) 6 Litibu/Punta Raza/Plataniots
“PTI-6” includes Litibu (well-advanced), Punta Raza (just beginning and to include world-class five-star hotels, marina & golf), an area north of Platanitos which is still in planning stages with some properties destined, and Jolotemba where there is a development project underway.
Integrally Planned Center (CIP) Chila/Naranjo/Las Varas
Above is another view of a portion of the proposed “Riviera Nayarit” tourism corridor plan, with Playa Las Tortugas seen at the upper side, that includes the PTI’s 4, 5, and 6 (Punta Raza). The dashed line encloses the “CIP” (Integrally Planned Center) and indicates an area of proposed major development, with three specific subareas denoted by “PTI-4”, “PTI-5” and “PTI-6” circles, and the town of Las Varas in a circle “SSR” (Subregional Services) as a center for employee housing and employee or tourism services.
Development is generally arriving from the south towards the north, or from bottom to top of the proposed plan. Currently under development are “Marina Chacala” and “Punta Raza”, as well as “Playa Las Tortugas”.
The plan provides for protection of the turtle-nesting habitat on beaches between Platanitos (Playa Las Tortugas) and Chacala, as well as protection of the estuary bordering Playa Las Tortugas as a “protected natural area”.
Note that the long-term plan also provides for an airport between Zacualpan and the coast, about 8 kilometers (about 5 miles) south of Playa Las Tortugas. There is an existing paved 1000 meter runway between La Penita and Lima de Abajo which is proposed to be extended to 1500 meters, in order to service a variety of private craft and smaller jets with capacities possibly up to 40 passengers. It is assumed that this runway will be expanded in time to help service the new Punta Raza development.
New Development at “Punta Raza”
A new development was announced this November at “Punta Raza” between Monteon and Los Ayala, just south of Guayabitos.
“Punta Raza” is located on the beach, 58 kilometers (36 miles) north of the Puerto Vallarta (PVR) International Airport and only 52 kilometers (32 miles) south of Playa Las Tortugas.
The developer is “C&C Capital” which is a consortium of successful Mexican companies dedicated to development of luxury tourism projects. They announced the “Punta Raza” project on November 7th, 2007 having acquired the land in November of 2006.
The first phase of development in “Punta Raza” contemplates installation of the roads and accesses, and also construction of two hotels which are the Gran Hyatt and Park Hyatt, a golf course designed by Robert Trent Jones Jr., and some residences. “C & C” is projecting that the two hotels and golf course will be ready for occupancy by December 2008, though possibly more realistically it will be during 2009.
Ultimately the project will have up to 6 luxury hotels, 950 residences, the golf course, and a 250-slip marina. The residential prices are expected to range from $500,000 to $2,000,000 USD. Carlos Brockmann, vice president of “C & C” says that now it is almost impossible to put together tracts of land this large [in the area].
This means we’ll see world-class golf within an hour of PLT probably in less than 2 years, and maybe in only 18 months. The new “Punta Raza” project, along with others in the quickly developing “Riviera Nayarit” will help make an investment at PLT more attractive financially.
Another positive result of the “Punta Raza” project is that the proposed alternate route from Puerto Vallarta to Monteon is now projected to be completed prior to the end of 2010. This alternate route will likely cut travel time from the PV airport bat least 20 minutes or more. The projected route leaves the four-lane north of the airport just before the Flamingo’s golf course and intersects the two-lane highway just south of Monteon, some 5-minutes south of Guayabitos.
Proposed Alternate Route from Puerto Vallarta to “Punta Raza”
The executive project (surveying and planning) is under way for a new highway which is proposed to run from near the Flamingos golf club outside of Puerto Vallarta to Highway 200 near “Punta Raza”. This highway will help save driving time to Playa Las Tortugas, by making a more direct route and avoiding coastal traffic bound for Punta Mita, Sayulita, San Pancho, and other points prior to Monteon. The developers of “Punta Raza” are helping to move the project forward, and estimate it will be completed by 2010.
Highway Projects Proposed or In-Process
A number of highway projects are proposed or in-process for the greater Puerto Vallarta - Riviera Nayarit area. Puerto Vallarta and Riviera Nayarit would both like to encourage more tourism from Guadalajara and Leon, where over 7 million live. Also, most retail and wholesale products come to Puerto Vallarta and Riviera Nayarit either via Guadalajara or down the coast from the north. The international highway from Nogales to Guadalajara is now practically 100% four-lane highway, with just a small stretch between Mazatlan and Tepic in the final stages of construction.
The Secretary of Communications and Transport (SCT) has a number of projects in or near completion of their design phases, including projects which will provide better highway access from Puerto Vallarta to Guadalajara. Three proposals address an alternate route from the greater Puerto Vallarta area to a point just south of Rincon de Guayabitos, a bypass around Guayabitos and La Penita up to Puerta de la Lima, and a route from Puerto de la Lima to Jala (Tepi - Guadalajara highway). You’ll see the bypass indicated in the PTI-6 Punta Raza plan, from Monteon to just above La Penita. The new route from Puerto Vallarta to Monteon is indicated in the “CTP” plan, though that route is expected to be modified somewhat. Some of these highway projects may initially be funded with money from the private sector, operated as toll roads, and then sold to the federal government at a later date.
The Nayarit state government is also encouraging a number of highway improvement projects, some of which are already being built, and some of which have topography and construction plans completed. Many of the proposed projects are targeted at helping increase access for tourism.
Travel & Outdoors | March 2007 CNN: Riviera Nayarit Poised to Become a Premier Vacation Destination
“Apple Vacations, the nation’s leading tour operator to Mexico, was honored this week for its contributions to tourism development in Mexico, specifically in the State of Nayarit, located just north of Puerto Vallarta on the central West Coast of Mexico. The award was presented by Governor Ney Gonzalez Sanchez of the State of Nayarit, which is poised to become the one of the leading new tourism destinations in Mexico.
“Receiving the accolades, Apple Vacations’ Chairman and C.E.O. John Mullen noted the tremendous growth opportunities for travel to this developing region of Mexico.
“With the continued planned development in this emerging vacation destination, Apple Vacations will support the State of Nayarit with a commitment to double the number of passengers to the region within the next five years.
“Part of the support includes an increase in the number of dedicated charter flights from U.S. cities to Western Mexico, and plans to offer new nonstop flying from East Coast gateways including Philadelphia and Baltimore. This is in addition to nearly 20 weekly flights from Cleveland, Chicago, Minneapolis, Detroit, Milwaukee, St. Louis, and Dallas.
“A recent visit to Philadelphia by Governor Sanchez and other state officials, including the Minister of Tourism, marked the official launch of a major initiative, the introduction of a distinct new tourism region known as Riviera Nayarit.
“Riviera Nayarit, just north of world-famous Puerto Vallarta on the Pacific Coast, is largely undeveloped and is being carefully planned to ensure the natural resources are protected. Stretching from Punta de Mita all the way to the ancient fortress of San Blas, Riviera Nayarit provides a more laid back vacation experience. Eco-tourists can discover mangroves and habitats for hundreds of birds, dolphins and sea turtles. Accommodations are built with the utmost care in preserving the ecosystem, and range from quaint posadas on the beach to upscale luxury resorts. Activities include its world-renowned surfing, shopping at boutiques featuring local artwork and traditional handicrafts, golf, whale watching, hiking, horseback riding, and endless miles of unspoiled beaches and golden coastline waiting to be discovered.
“‘The tourism development in Riviera Nayarit is on par with what we saw happen in Quintana Roo, with the development of Riviera Maya over a decade ago,’ said Mullen. ‘This is where vacationers will want to go—it is the ‘new’ Mexico and Apple Vacations plans to be at the forefront of bringing passengers to this exciting, up and coming region.’”
Riviera Nayarit, Tourist Destination in Mexico | March 2007
“Nayarit Governor Ney Gonzalez Sanchez officially announced Costa Vallarta’s North Shore rebranding as Riviera Nayarit at the recent Acapulco Travel Wholesalers Convention.
“Riviera Nayarit consists of a 160 kilometers stretch that spans Banderas Bay, Compostela and San Blas. Spectacular natural settings and diverse tourism-appealing areas will coexist with planned developments that include a hotel zone which will encourage the arrival of national and international premium tourism. Riviera Nayarit’s growth is planned in a responsible and sustainable tourism model that will include ecotourism, cultural activities, adventure options, golf, whalewatching, fishing, gastronomy, diving, and much more.
“Riviera Nayarit has so far developed 12 thousand hotel rooms, 60% ranging from 4-star hotels to Gran Turismo. More than 490 million dollars has been invested during this year. Litibu, an important project that is already in construction, is an Integral Planned Center developed by the National Tourism Office (Fonatur). A sophisticated development, Litibu includes boutique hotels, a marina, heliport, hospitals, shopping malls, and a Greg Norman-designed golf course, presently in the final phase of construction, expected to open during the summer months.”
LOOK!! IF you have held off buying property in the restricted zone because you do not like the idea of the bank trust read the following for another option! Please contact us for details!!
Yes, non-Mexicans can legally own beachfront property in Mexico
Here is a summary of how it works:
The Mexican Constitution restricts ownership of coastal real estate (31 miles inland from the water) to only Mexicans. To attract foreign investment, the Mexican Government passed into law in 1993 a very important bill which recognizes a Mexican Corporation as the legal entity fulfilling the Constitutional requirement for Mexican ownership. And at the same time, the law allows for non-Mexicans to totally own the Mexican Corporation.
1. You own your Mexican Corporation.
2. Your Mexican Corporation owns your beachfront real estate.
3. You own your beachfront real estate, complete with a legally registered title.
Safe and Simple
The Mexican Corporation Mexican Government welcomes foreign investment in Mexico and has made the process very easy. Revenues from foreign investment and tourism continue to rise every year and are the leading source of income for Mexico.
(quoted from www.beachfrontfutures.com )
The following was taken from the rivieranayarit.com website.
Riviera Nayarit, Mexico – There’s a great new destination in Mexico and now it has a name: Riviera Nayarit. With the launch of this exciting destination, comes an amazing transformation of 100 miles of Pacific coastline north of Vallarta, which will take place in the next decade. Already this spectacular new destination has over 12,000 hotel rooms, two-thirds of which are in the four-star to grand luxury category; four major golf courses and protected ecotourism.
At Tianguis Acapulco on March 27, 2007, the Governor of the Mexican state of Nayarit, Mr. Ney González, officially named this new destination Riviera Nayarit, delineating its location from the Rio Ameca at Nuevo Vallarta to the colonial town of San Blas including the exclusive resort enclave, Punta Mita.
Newest FONATUR Planned Resort: El Capomo, Nayarit |
Mr. Murphy will also share news of new developments that are taking place in Riviera Nayarit. These include: * A major new resort area called Litibu which will inaugurate a Greg Norman golf course in December * An elegant St. Regis Resort in Punta Mita * A second Jack Nicklaus designed golf course at the spectacular Four Seasons Resort in Punta Mita * A new marina and future resort development at La Cruz de Huanacaxtle.
Marketing has extended throughout Mexico and into the United States. This campaign will transform the Riviera Nayarit corridor into one of the most sought after regions for real estate and development. Similar campaigns were launched for Cancun, Ixtapa and Hualtulco, to promote the underdeveloped coastal regions of Mexico with far reaching economic and socioeconomic effects.
(quoted from www.banderasbay.com )
This project is located in the South coast of the state of Nayarit, in the most dynamic tourist region of the Pacific, Banderas Bay, and includes a corridor extending 53 kilometers from Compostela to Puerto Vallarta.
This is a project of low environmental impact that will be oriented to high income market segments: lodging, golf, maritime activities, vacation housing and ecology.
The Master Plan of the Nayarit CIP will be developed over a period of 22 years in three stages:
Phase I: Higuera Blanca/Litibú, with an area of 152 hectares (375 acres), that will provide 3,200 living quarters (vacation homes, hotel facilities, etc.);
Phase II: El Capomo with an area of 268 hectares (670 acres), in which 5,900 living quarters will be developed, and;
Phase III: La Peñita with 445 hectares (1120 acres), where 5,400 living quarters are planned.
In total 14,500 quarters hotel and tourist residences (timesharing, condominiums, vacation housing) will be added to the tourism industry, three golf courses of 18 holes, a tourist marina of 150 slips, beach clubs, commercial shopping and entertainment centers, a regional marine park, an aerodrome (small airport), and other tourism facilities.
It is expected to create 35,600 jobs, 34,300 new homes and 141,000 new inhabitants in the area.
The project will provide needed infrastructure for growing tourism throughout the Puerto Vallarta and the Banderas bay-Compostela region. Presently this area has 27,000 hotel rooms and receives around 2.8 million visitors annually, and is easily accessable by plane, road or sea.
The CIP Nayarit project contemplates the construction of a new toll freeway from Jala to Brucerías, with an overall length of 136 kilometers, which will give to access to the metropolitan zone of Guadalajara and the center and the West of the country. T
El Capomo es la capital de la Riviera Nayarita
Nuevo Vallarta, 19 de junio de 2007. A propuesta del Gobernador Ney González Sánchez, el Director General de Fondo Nacional de Fomento al Turismo, Miguel Gómez-Mont Urueta, designó al predio El Capomo, en el municipio de Compostela, como la capital de la Riviera Nayarita.
quoted from (www.nayarit.gob.mx )
and www.mlsvallarta.com.
Fonatur Invests 59 Million USD in Riviera Nayarit |
|
|
The National Tourism Development Foundation (Fonatur) recently announced phase two of Riviera Nayarit's integrally planned resort (IPR). Known as El Capomo, the development of this 268 hectare project will commence with an initial investment of approximately 59 million USD from Fonatur. The resort sits on a region that provides easy access and has public services such as hospitals, schools, malls, national and international connections through Tepic National Airport, Federal Highway 200, Puerto Vallarta International Airport and Puerto Vallarta's Maritime Terminal. Preparation of the resort's infrastructure will take approximately twelve months, after which residential and hotel developments will begin construction, in the same fashion as Litibú (phase one of the project) is presently being developed. Nayarit governor Ney González Sánchez, along with Fonatur director Miguel Gómez Mont Ureta recently presented project details at Nuevo Vallarta's Grand Velas. |
Nayarit's comprehensive planned center, known as Riviera Nayarit, is located in the state's southern coast and consists of two sections: Litibú and El Capomo, both considered to be an important part of Banderas Bay's overall tourism development. Fonatur estimates that Riviera Nayarit will be completely consolidated by the year 2020, at which time the IPR will have tourist and residential lodging for 14,500 rooms, an affluence of 1,025,000 tourists per year, which will generate an income of $866 million USD, along with the creation of 17,400 new jobs. Fonatur is the federal entity in charge of the planning and development of new sustainable tourism projects, as well as the continued renovation of destinations such as Cancún and Los Cabos. Please visit www.fonatur.gob.mx/_Ingles/index.html for more information. |
|
El Capomo is approximately 10 minutes north of Guayabitos, Nayarit, a popular beach city, fast becoming the next American getaway location. Lima de Abajo is the Ejido and town within the El Capomo FONATUR development.
(quoted from www.virtualvallarta.com |
|
(quoted from Banderas Bay news online newspaper) http://www.banderasnews.com
At first glance, Banderas Bay is simply that: one bay. In actuality, it comprises three different municipalities: Cabo Corrientes and Puerto Vallarta in the state of Jalisco, and Bahía de Banderas in the state of Nayarit. Divided by a river and a state boundary, the bay’s overall ongoing development has been hampered by two state governments that have not always seen eye to eye when it comes to all-encompassing policies developed to foster the bay’s continued development. Fonatur’s previous attempt to implement a similar development plan for Banderas Bay in 2001 also involved the three government levels, the private sector, as well as citizen participation. However, ideological differences between both states’ key players have so far prevented the implementation of a successful medium- to long-term development plan. This should hardly be the concern of tourists, eager to book flights and hotel rooms and enjoy the many attractions Costa Vallarta has to offer, who may not even notice the one-hour time zone difference as they cross the Ameca River bridge from one state to the other. Mexican and international developers and long-term investors, on the other hand, have been patiently waiting for recently appointed tri-level leaders to make their political agendas known to the general public. The answer came to Puerto Vallarta last month.
At the request and with the endorsement of Felipe Calderón, newly elected president of Mexico, a meeting chaired by Federal Tourism Secretary Rodolfo Elizondo took place last month at the Grand Velas hotel, bringing together business leaders from all over Banderas Bay, as well as Nayarit Governor Ney Gonzalez and recently elected Jalisco Governor Emilio González. Also attending was Fonatur Director Miguel Gómez Mont, who presented an updated version of the Master Urban Development Plan for Banderas Bay, which is more in tune with the bay’s current needs. The difference between this plan and the one presented in 2001 had less to do with the plan itself and much more to do with the revitalizing commitment that the players above, plus municipal governments, put forth to work together to implement it.
Three Municipalities, Two States — One Plan, One Agency
The Master Urban Development Plan calls for a new agency, whose role will be to identify the long-term goals of the region, establish and prioritize strategic projects, obtain funding through both national and international investment and banking sources, and implement these goals with tri-level support, acting independently of the two states’ governments. The plan focuses on five specific areas:
Potable Water and Treatment Facilities
To meet the needs of our growing population, as well as the region’s agricultural industry, a dozen new treatment plans throughout the bay are being proposed. Additionally, deep water pools will be tapped by means of new wells, which will in turn distribute water through wider pipes, particularly to Litibú, an area that is experiencing exponential growth.
Roads and Transportation
A new beltway surrounding Puerto Vallarta will greatly alleviate vehicular traffic within the city, while a new highway from the city to Jala, Nayarit, will make travel time to points such as Tepic and Guadalajara much shorter.
Nature Conservation
While the northern side of the bay is being developed with major hotel and real estate developments, the municipality of Cabo Corrientes, south of Puerto Vallarta, has been set aside as an area where nature will dictate development. Ecotourism will be strongly promoted here, and new docks will be created along the bay’s South Shore destinations. Areas already considered protected, such as Los Arcos and the Marieta Islands, will be strongly enforced, while beach-cleaning programs throughout the bay will be prioritized.
Urban Development Planning
At the same time, those areas designed for urban development will be clearly outlined and guidelines established, paying particular attention to the conservation and preservation of the “typical” image of some of the smaller towns along the bay.
Tourism Development Projects
Some of the projects presently taking place around Banderas Bay were designed to serve as catalysts for the ongoing development of Costa Vallarta as a sound tourism and real estate investment destination. These projects include expansion of our Maritime Terminal and airport, a new marina and malecón in La Cruz, as well as a convention center in Puerto Vallarta. Additional developments, such as those taking place in Litibú and El Capomo, the promotion of our destination for conventions and expositions, and the revitalizing of Puerto Vallarta’s El Centro, will further strengthen Costa Vallarta as Mexico’s premier destination.
In short:
• The Master Urban Development Plan for Banderas Bay was delivered personally by Federal Tourism Secretary Rodolfo Elizondo.
• President Felipe Calderón has specifically stated that he wants particular attention devoted to the continued and prosperous development of the state of Nayarit.
• The overall federal tourism budget was increased by 40% by the current administration — Nayarit’s own was tripled.
• Nayarit Governor Ney González, who also chairs the National Governors Conference’s Tourism Commission, has asked recently elected Jalisco Governor Emilio Gonzalez to co-chair the commission. Gonzalez has agreed, confirming a renewed alliance between the states.
• A plan to develop an agency that will autonomously oversee the continued development of the bay within the context of its three municipalities, regardless of state or partisan boundaries, has received enthusiastic support from all involved.
• With the completion of the new marina in La Cruz, our destination will have more boat slips than any other destination in Mexico.
• Two convention centers are presently being developed, strengthening the region’s position as a sound business and cultural destination.
• Airport and road expansion will allow for more fluid movement in, out and through the bay.
• Employment opportunities and overall prosperity for the region will result.
___________________________________________________________________
For the full article of the following please click on link below
http://www.bestsyndication.com/?q=112107_currency_exchange_rates.htm
That being said, there are now many fortunate Canadians holding valuable real estate in Canada and strong Canadian dollars. It´s therefore time for those rich Canadians to start shopping for their winter retirement destinations! What better place to shop than in Puerto Vallarta, Mexico, where three or four years ago the Canadian dollar would buy 7 pesos, whereas today, it´ll buy close to 11 pesos?
Of the nearly 50,000 North Americans in Vallarta, we estimate that 30-40% of them are Canadians. This percentage will surely increase as the Canadian dollar strengthens and the US real estate prices and the US dollar weaken. Just imagine, summers in Canada and winters in Vallarta; retirement just doesn´t get much better than that! The head of the Puerto Vallarta Chamber of Commerce has recently estimated that the greater Vallarta population will reach 600,000 residents by 2015, and therefore, if it were located in Canada, would rank among the top ten largest Canadian cities! By 2015, there will probably be about 100,000 North Americans in Vallarta, half being Canadians. Just imagine, more Canadians living in Puerto Vallarta, Mexico than in Brandon, Manitoba or Prince Albert, Saskatchewan!
There are over 100 condo complexes currently under various stages of construction in the greater Vallarta area with more than 7,000 units recently placed on the market. During the next decade, Fonatur, the Mexican tourism agency, has forecasted at least 20,000 additional units to be built along the Riviera Nayarit, 40 minutes north of the Puerto Vallarta airport. This doesn´t even include the incredible expansion plans for the land south of Vallarta which is slowly but surely being converted to privatized land, available to foreigners. There is certainly no housing slump along the Mexican Riviera, no real estate recession in the foreseeable future, and an infrastructure that´s improving daily.
In summarizing, now, is the perfect time for all of you loonie laden Canadians to head south this winter and check out the wonderful opportunities that await you in sunny Puerto Vallarta. You'll be amazed to learn how easily you can afford to live in luxury while enjoying your favorite pastime activities with fellow retirees in Paradise.
For the full article please click on link below
http://www.bestsyndication.com/?q=112107_currency_exchange_rates.htm
-------------------------------------------------------------------------------------------------
Mexico plans to invest $90 million in cultural tourism, say sources in the Ministry of Tourism, to attract more high-end tourists. Cultural tourism, which includes visits to archaeological sites, museums, historical cities, cultural events and the like, currently brings in $5 million annually in Mexico.
The funds will be used in more than 180 projects to develop and improve tourist infrastructure throughout Mexico. Projects will include restoration of historic city centers, installation of lighting for archaeological sites, museums, and relaying of telephone cables and other unsightly wires underground to improve the appearance of historic sites.
The Ministry of Tourism is signing agreements with the Council on Culture and the Arts (Consejo Nacional para la Cultura y las Artes, or CONALCULTA), the National Institute of Anthropology and History (Instituto Nacional de Antropología e Historia, or INAH), and the Association of World Heritage Cities (Asociación de Ciudades Patrimonio de la Humanidad) to promote cultural tourism to these sites.
Cultural tourism is widely thought to generate more revenue than mass tourism to beaches and resorts like Cancún. It is also considered less destructive to the environment.
Our country counts on a vast cultural heritage that includes 26 sites classified as World Heritage, and that recently was increased to 27 by the designation of the National Autonomous University of Mexico,” said Minister of Tourism Rodolfo Elizondo in a press conference.
Mexico receives more “cultural tourists” than any other country in Latin America, and is in seventh place worldwide, according to Elizondo.
