12/04/2006

Christies Great Estates awards La Punta Realty it's first affiliation in Mexico!

Through Christie’s Great Estates, We Put Our Clients In Touch With Affluent Buyers and Sellers Worldwide

As exclusive affiliate of Christie’s Great Estates in Puerto Vallarta, Punta de Mita, Costa Careyes, Costa Alegre and Costa Nayarit, La Punta Realty offers our clients the extraordinary reach and strength of the world’s largest and most prestigious network specializing in the sale of luxury real estate.

A subsidiary of the renowned firm of fine art auctioneers, Christie’s Great Estates puts at the disposal of its affiliates the marketing power of 15,000 agents in 600 offices in 17 countries, including 7,000 agents in 145 offices in the United States.

As specialists in the sale of important properties, they provide a unique ability to bring together buyers and sellers of high-end real estate throughout the world. Only those brokerage firms that have met the uncompromising standards of Christie’s Great Estates for excellent service, consistent achievement, consummate professionalism and discretion are awarded affiliate status.

A potent sales tool available to La Punta Realty clients, where appropriate, is the distinctive showcase magazine, Christie’s Great Estates, which enjoys a readership of more than 200,000 clients and prospective buyers and sellers. It is read by some of the world’s most affluent, including many of the highest-salaried executives and heads of major corporations, celebrities, sports figures and other high net-worth individuals. Copies are mailed to a strategically targeted list of the wealthiest homeowners in more than 100 major cities and towns. It is also available at Christie’s offices, and at newsstands and bookstores in affluent communities throughout the world, as well as in many fine hotels and inns.

Another exclusive marketing vehicle is a Christie's Great Estates property brochure, a high quality, four-color piece which is mailed to a select audience of influential home buyers and other prime prospects for luxury real estate.Your home may also be displayed in Christie's Great Estates offices and Christie's salesrooms throughout the world, as well as in Christie's Magazine and on the Christie's Great Estates web site. Christie’s, the world’s oldest fine art auction house, was founded in London in 1766 by James Christie and today conducts many of the most important auctions in the world in more than 80 categories. It has an international network of 90 offices in 35 countries.

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* Christie's, the world's leading fine arts auctioneer, was established in London in 1766 by James Christie. Today, Christie's conducts some of the most important auctions in the world, selling paintings, furnishings, and other decorative arts.

* Over the course of more than two centuries, Christie's has grown into an international organization of 84 offices in 35 countries and employs approximately 1,700 people around the world.

* Christie's auctions items in more than 80 categories, including silver, jewelry, photography, wine, furniture, ceramics, porcelain, silver, automobiles, stamps, comic books and memorabilia, and other collectibles as well as fine paintings and sculpture.

* Christie's holds many world auction records. Vincent van Gogh's Portrait of Dr. Gachet, which sold in May 1990 for $82,500,000, is one of the highest-priced works of art ever sold at auction.
* Christie's publishes Christie's Magazine, read by more than 100,000 individuals worldwide, as well as 600 sales catalogues that reach a worldwide audience for collectors and scholars.

* Christie's offers courses in the fine and decorative arts in Glasgow, London, Los Angeles, Melbourne, New York, and Paris.

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Christie's Great Estates - La Punta Realty

Explore the coveted coastline around Banderas Bay. Our area covers from San Blas along Costa Nayarit, to Punta de Mita, Puerto Vallarta, South to Costa Alegre, Costa Careyes to Barra de Navidad.

The well kept secrets of Pacific Mexico's dramatic cliffs, coves and sand have long attracted the Blue blooded and Hollywood set looking for a quiet escape at secret hideaways like Costa Careyes.

Since opening up to foreign investment, Mexico has seen an explosion in luxury residential resort development, particularly North Shore Puerto Vallarta and Punta de Mita the boom has brought world-class resort hotels, Mexico's famed architects, a community of celebrity CEOs, and a massive outlay of government infrastructure.

Mexican President Vicente Fox recently inaugurated the Nayarit Tourist Corridor, a coastal infrastructure mega-project north of Puerto Vallarta. This plan is financed by state, federal and private interests. It is part of a plan proposed in the early '90s for appropriate sustainable development of the region.

The government hopes to keep the infrastructure growing to accommodate the increasing number of new homeowners. Services like electricity, water treatment, telecommunications, airports and highways are completed by a major hospital, schools, commercial centers, an aerodrome, a 150 slip marina and a marine park similar to that of Xcaret. The idea is to dot the coastline with smaller, tasteful establishments, in the luxury boutique market.

The Mexican government has also changed some of the real estate laws. Now it is easier for foreigners to buy and develop property in Mexico. Many Americans have watched the values of their Mexican properties appreciate 10% a year the past five years.

The development of North Shore Puerto Vallarta, Punta de Mita and the Nayarit coast is a special phenomenon for Mexico. Low density developments preserve the environment and create a balance that is essential for the high end coastal lifestyle that people dream about. It is truly amazing what is happening. There are many active developments to choose from along the North coast and the properties are selling well.

The most exclusive luxury investments are taking place in the areas around Punta de Mita which Andrew Harper's Hideaway Report, a bible for luxury travelers, highlighted the Four Seasons, Punta Mita in its 25th annual readers' survey as the Best International Resort.

Premiere hotel branded developments include the world renowned Four Seasons Resort, the St. Regis Resort , a Deepak Chopra branded residential spiritual retreat. All have their own specialized high end residential villas and condo projects.

The real estate has a restricted occupancy rate. It can be as little as nine bedrooms per 2.5 acres. This keeps the number of landowners down and encourages development of high-end living. La Punta Realty, for example, offers private beachfront home site lots priced from $600,000 - $7 million USD. Unique and luxurious beach villas range from 2 to 20 million USD.

Construction is in full swing, as Punta de Mita ended 2005 with record closed sale figures of just under $160 million USD, 60% more 2004 sales (by comparison, total Puerto Vallarta Multiple Listing Service sales for the same 2005 period came to $70 million.)

Adjacent to Punta Mita, other luxury hotel groups like the Ritz, Banyan Tree, The Omni, Hilton, One and Only Resorts and other hope to compete with similar offerings.

Christie's Great Estates - La Punta Realty's flagship development, El Banco (http://www.elbancomexico.com) will surely be among the most unique and exclusive luxury resorts in Mexico. Developed by former Yahoo Corp. CEO Tim Koogle , the vision is to exceed the quality and architectural significance of the Punta Mita Resort bringing grand colonial haciendas San Miguel de Allende to the seascapes and jungles of North Shore Puerto Vallarta..

The first phase of beachfront home sites sold at full asking price in the private reservation period. The second phase of luxury boutique hotel managed beach villas will be architecture as fine art by famous Mexican artisans Juan Munguia, Juan Pablo Stone and the star outfit from Guadalajara Elias & Elias.

La Punta Realty has the most complete and intimate knowledge of the diverse and expansive coastline of Nayarit and Jalisco. Please visit our booth to ask about the Mexico Land Catalog of beaches and coves best suited for residential, hotel resort, or home site lots..
http://www.mexicolandcatalog.com

The Future of Banderas Bay and beyond…

Mexico's push to stimulate tourism and attract private investors began to take shape in 1974 with the creation of the National Trust Fund for Tourism Development (Fonatur). Since its inception, Fonatur has been responsible for planning and developing five seaside destinations -- Cancun, Los Cabos, Ixtapa, Loreto and Huatulco -- that generate about 54% of Mexico's foreign tourism spending.

Earning its reputation as a premier golfers' destination with Travel and Leisure honoring Punta Mita as third best golf resort in Mexico and Latin America. The area has seven spectacular golf courses, designed by some of the world's top architects, including Jack Nicklaus, Greg Norman and Tom Weiskopf. Planned are 7 more golf courses around Puerto Vallarta Punta de Mita alone.

The goal now is to elevate the quality and quantity of the tourism product while diversifying the product in an effort to attract even more investment. At the same time, tourism officials want to focus on attracting sustainable development with rigorous environmental safeguards.

The Bay of Banderas has grown naturally, organically, privately, and currently attracts over 3-million tourists per year and has a population of about 325,000. According to Fonatur the Mexican tourist development bank, and the Banderas tourism board, the number of tourists in the next 20 years will exceed 6 million per year and the population will more than double. In the South is a condominium explosion, primarily in Nuevo Vallarta, Marina Vallarta and along the hillsides of the Sierra Madres overlooking the town and the bay.

According to the Mexican government, with foreign investment in Mexico on track to hit $20 billion this year, up from $17.6 billion in 2005, the market has just become prolific in Mexico, with about 1.5 million Americans now owning property there. Values in some markets have tripled in five years — far exceeding the rates of return you find in the United States.

The Bay of Banderas serves as the foreground for lush, tropical jungle, while the rugged Sierra Madre mountain range provides the backdrop. This is the vista that planners want to preserve.

Luxury home buyers are gravitating toward ecologically sound and conservation-friendly communities in the North of the bay, only a short distance away from the sophisticated dining, galleries, shopping, and night life of Puerto Vallarta.

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