9/05/2006

August, 2006 - Real Estate News

August, 2006 - Real Estate News

FONATUR Signs Up Spanish Developer - New Community Planned for Nuevo Vallarta - FIABCI World Congress - Punta Mita’s Four Seasons Resorts Golf Course Ranks #1 - Introducing Costa Vallarta Boutique Villas

FONATUR Signs Up Spanish Developer
The Spanish group FADESA, who have been very active building hotels and condominium developments in Europe, have purchased four parcels of land in FONATUR’s Litibu development. One lot will be for a 640-room luxury hotel, while the other will be homes and condominiums of approximately the same number of units. This is the largest announcement yet for Litibu, and with only 21 parcels available, FADESA will be one of the major developers in this important development.

New Community Planned for Nuevo Vallarta
Sensara Partners, the company that won three platinum “Best of the Best” awards in 2005 from the National Association of Home Builders (NAHB) in Orlando and Best Retirement Resort in Europe by London-based “Homes Overseas”, is introducing Sensara Vallarta, Mexico’s premier community designed for adults in Nuevo Vallarta.

One of Spain’s most experienced builders, Grupo Suite of Malaga, in partnership with American industry experts, is developing Sensara Vallarta for the homebuyer who likes a getaway from the hustle and bustle while having easy access to a unique range of activities and well planned amenities. Sensara Vallarta will be located in Nuevo Vallarta on the El Tigre golf course at Paradise Village. There will be 250 units, with one to three bedrooms, starting from below $300,000 USD. Sensara Vallarta is represented by Prudential California Realty Vallarta Division. Call (322) 297-2044.

FIABCI World Congress
Cochran Real Estate attended this year’s FIABCI 57th World Congress, hosted in Bangkok, Thailand from 26-31 May 2006. Attendees included representatives from the FIABCI International network of developers and Realtors from across the globe, keen to keep abreast of the world’s growing real estate market. It is clear to those involved in the Vallarta’s real estate market that we need to be fully aware of just how global our industry is becoming. Realtors in PV are no longer competing with Florida alone; the market boundaries are shifting. Citizens from the US and Canada, along with Europeans, are setting up second homes or retiring further a field. This Congress illustrated the need to stay on our toes and not be complacent in our little paradise!

Punta Mita’s Four Seasons Resorts Golf Course Ranks #1
The Four Seasons Resort Punta Mita has taken top honors in three categories of Conde Nast Traveler’s eleventh annual Reader’s Choice survey on the world’s finest golf resorts. In this year’s evaluation, The Four Seasons Punta Mita is named the #1 Golf Resort in the world, as well as the top property for both accommodations and service.

Conde Nast Traveler’s survey polls readers each year, asking them to rank their favorite golf spots in six categories using a five-point scale. Course design accounts for 20% of the overall score while speed of play accounts for 10%. Accommodations, service, food/dining and facilities each account for 17.5%. Readers rank properties as excellent, very good, good, fair or poor. The Four Seasons Resort Punta Mita topped the overall golf resort list with a score of 96.7, the accommodations list with a score of 100, and the service list with a score of 100.

Introducing Costa Vallarta Boutique Villas
This month Producciones Viva will be introducing a new concept of booking and promoting luxury rental villas for the Costa Vallarta area called Costa Vallarta Boutique Villas (CVBV). The concept of CVBV came about as a way to better professionalize the villa rental industry in Vallarta. For too long the manner in how rentals were established has been overshadowed by unprofessional service by some operators, doubt for renters as to what the actual level of quality will be for the property, and a very inefficient manner on how one can actually find a property that’s available for the date you want, without having to contact many properties to find one that works best for you or your client.

What the goals are for CVBV

For Villa Homeowners:
• A brand of quality to differentiate your villa from the others who do not meet your level of quality service and attention to detail.
• Easy-to-use reservations system that you can check and update from anywhere where there’s an Internet connection.
For Villa Renters:
• An easy-to-use, online reservations system where one can quickly search availability for a number of properties for any dates.
• Reservationists are personally familiar with each property and can handle your calls (1-800 Number) in English, Spanish, French or German.
• Concierge service available at a level you would expect from a Five-Star or Boutique hotel.

Costa Vallarta Boutique Villas will function as an extension of the brand Mexico Boutique Hotels. MBH is a collection of small, boutique hotels in Mexico (currently 46 properties in 26 locations) and that offer a high level of service and a unique vacation experience. In most cases hotels have less that 50 rooms (commonly just 20) thereby making is easy to provide very personalized service. Each property is rigorously inspected before it can become a member and a follow-up inspection is done each year. MBH provides reservations service similar to CVBV, as well as offering public relations and marketing services for the group and individual hotels. MBH has become the mark of quality for small boutique hotels in Mexico. For more information call Sylvie Laitre at (322) 221-0106

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