A little over a year and a half from its conceptual debut in the market, Punta Esmeralda is clearly a desired and lucrative real estate venture on the Bay of Banderas. Located between two typical Mexican towns, just 15 minutes north of Puerto Vallarta Airport near the detour to Punta de Mita, Punta Esmeralda is an impressive blend of townhouses, villas and luxury condominium apartments ranging from US$300,000 to US$1.5 million. As of today, 48 units are in various stages of completion and another 48 are under construction.

The developers have ingeniously integrated an enclave of multiple living concepts within a 20 acre property that has a distinct topography with the advantage of a 90 foot rise from ocean to plateau. The result is that all areas benefit from fantastic views of Puerto Vallarta and the Bay of Banderas—a key element in the design of all residences. A total of approximately 200 homes and condominium apartments will be located here, dispersed in small clusters over the terrain.

Most residences have their own plunge pool in addition to eight pools sprinkled throughout the property. Two tennis courts, a gym and spa facility, beach club, restaurant and two pools are now in operation. A children’s play area and a driving range are also part of the planned residents’ services.

A complete sell-out of the terraced townhouses and rapid sales of luxury condominiums has accerlerated projects for three more areas of the property. Recently unveiled, Playa III is comprised of three modules in a horseshoe shape—two modules of four terraced townhouses and an 11-unit condominium building. Each plan is an enlarged version of previous similar designs with additional garden, terrace and rooftop patio features. Palapas adorn the penthouses giving an exotic air to interior spaces. Condominiums range from 1,600 to 4,300 sq. ft and list prices start in the US$480,000s, while terraced townhouses are from 3,850 to 7,500 sq. ft. with list prices from US$730,000.

Just about to come off the drawing boards are plans for two new luxury condominiums of 12 units each, to be located on Lot 6, which is the highest point of the property. These will go fast with just two 2-bedroom units, 16 three-bedrooms and four super Penthouses. Ask for a sneak preview and get on the reserve waitlist!

This will complement the already-under-construction condos of which the first of four buildings—Jacaranda—is now complete (two units still available for immediate possession). Magnolia, is reaching Penthouse level and will be complete in April 2006. Also available are Gardenia and Girasol, two sister buildings that will form a fringe across the highest point of the property along with the new ones on Lot 6. With just two or three units per floor and only 14 units per building, these are an exclusive living option with some of the most stunning views of the bay. Ask for an update on availability and see descriptions on this site. List prices range from US$329,000* for a two-bedroom plan to the upper $700,000* for a two-level, three-bedroom penthouse.

Master plans are in progress for a series of villas on lots 9 and 10. Plans will include three bedrooms, media room, service quarters, expansive terraces with pools. These will be Real del Mar-styled homes delivered fully furnished and turnkey. Sizes will be 5,000+ square feet and list prices will start at US$1 million.

At Punta Esmeralda, the infrastructure, materials and finishes are of the highest quality. Combined with its distinct geographic characteristics and location in the zone of highest appreciation on the bay, Punta Esmeralda offers an excellent investment with high growth potential and highly appealing lifestyle.

(*Inquire for pre-construction discounts and payment plan options.)

Km. 139 Carr. Federal Tepic-Puerto Vallarta, La Cruz de Huanacaxtle, Nayarit63732

Call or e-mail me to find out more:
vlpratt@pvnet.com.mx
01152 (329) 298-1644 (from US or Canada)
01 (329) 298-1644 (from Puerto Vallarta)