Previous Newsletters
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Welcome to the inaugural edition of our monthly newsletter, Riviera Partners Realty, designed to keep our clients and friends informed of news in the Punta Mita/Bay of Banderas region. From Real Estate market updates to current conditions for enjoying your favored Active Pursuits, our objective is for this communication to be an anticipated tool for staying in contact with your resort home community.
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 Bringing to the market unmatched resources, dedication to impeccable client service and a track record of distinction, Riviera Partners Realty International Punta Mita (Previews) opened its doors in January 2009. Owned equally by Brock Squire, Wally Lopez, Jonathan Smart and Lynne Bairstow, the company was formed to bring the collective knowledge and experience of the partners to specialize in luxury residential real estate in Punta Mita and Pacific Coastal Mexico. All of the partners have most recently been affiliated with the in-house sales and marketing organization of the Punta Mita master-planned community over the previous nine years, contributing to its success as a world renowned resort and residential community.
With an unparalleled expertise in Punta Mita and the surrounding region’s lifestyle and real estate offerings, the partners and agents of Previews are the most knowledgeable and best positioned for the successful representation and sale of real estate within Punta Mita and the Northern Banderas Bay region.
As a complement to our real estate services, Previews offers a full-service Property Rental Division providing property rental marketing and management, so important to the majority of real estate buyers in the Punta Mita market. Rounding out our available services is a professional on-site Concierge, to attend to the needs of our property owners and rental guests.
Our offices are located in the new Plaza Ollin, located 100 yards towards the beach from the service entry to Punta Mita Resort. We invite you to stop in our offices on your next visit to the Punta Mita area, and to regularly visit our website, http://www.rivierapartnersmx.com, for community news, our complete inventory of properties available for sale, and complete rental options and reservations in the area.
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 As the tide goes out …
Without question the overall real estate market in the Bay of Banderas area is being affected by the global recession – particularly as it has affected the US market. However, like the US market, there are some areas that have been more seriously than others. It is always curious to me that in these challenging times we continue to be taught time andtime again about the strength of fundamental values – in our own lives and in the economy and particularly, in the real estate market. We have all heard about location, location, location but in frothy markets those 3 precepts of real estate tend to get a very fuzzy at the edges in the frenzy to own a property in paradise – when things start to get a little thin, the focus comes back with a vengeance! At the same time, differentiators also come into play in a more dramatically – amenities, beachfront/non-beachfront, size, gated/non-gated, branded/non-branded, completed/pre-construction, infrastructure, security. All of these factors in varying degrees are determine what the fundamental value proposition is when it comes to the sale of real property. Once the buyer has made his decision to purchase, the next question that arises is price.
In a normal market it should come as no real surprise then that those properties that command the majority of these factors are going to be those that are going to be most saleable in today’s market – and generate the best price. Fortunately – or unfortunately depending on whether you are a buyer or seller – this is not a normal market with price parity. Because it seems that there are several properties available at distress prices that still have a strong value proposition we will most likely see those properties sold first to those people who have a keen sense of value and opportunity. Once those properties are sold there will likely be a general downward re-adjustment in price levels and we expect that the market will tend to normalize in terms of volume and of course, those properties that continue to have the strongest value proposition will be the ones that will be the first to sell.
In the most recent Annual Puerto Vallarta Real Estate Conference held earlier this week, there was general consensus that the market for condominiums at all levels was saturated – both in terms of re-sales but especially in pre-construction. It was also concluded that with much lower sales volumes, there will likely be a serious shake-out of the over-populated realtor community. On a more positive note, the prospect for private construction of single-family use homes was deemed to one of the great opportunities currently in that construction costs have not increased and the current exchange rate to the US dollar allows a 50% purchasing advantage! At the same time relative to the overall marketplace re-sales in general will be the name of the game. Perhaps most significantly the strong all-cash economy that has traditionally existed here, coupled with the continuing wave of baby boomers moving into retirement and semi-retirement mode, it is expected that our market will not suffer anything close to the depths of some of the US markets nor do we expect that the slow-down in this market will experience the same duration as some of the more over-built/over financed markets in other parts of the world.
While things have changed, the market is solid and it’s time to get back to the basics of the business of real estate – creativity and experience is what will count most.
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 Riviera Partners Previews Punta Mita is proud to announce its exclusive representation of the exquisite Casa El Destino, an estate residence located in the La Punta enclave within the gated Punta Mita resort. With over 18,000 square feet of indoor and outdoor living space, what makes El Destino special is its singular location on the point of the Punta Mita peninsula, offering over 120 degrees of ocean views. The residence artfully combines contemporary coastal architectural design with traditional colonial Mexican interior detailing, creating a true sense of place, and celebration of the open air, relaxed lifestyle of Pacific Mexico. Views from the home encompass Banderas Bay, the Marietas Islands, and the skyline of Puerto Vallarta in the distance.
Pössenbacher Architects of Careyes, Mexico, and California-based Barbara Page Interiors combined talents to create this singular oceanfront estate home.
The residence offers seven exquisitely designed bedroom suites, each with a spacious bathroom, ample closets and private garden terraces. Generous living areas include the Grand Palapa with casual seating and dining areas fronting a sensuously curved ocean front infinity swimming pool. The cozy indoor living/media room with adjoining wet bar invites get-togethers with friends, as does the ample formal dining room, with its inspired Mexican décor. For more informal dining, gather around a granite-covered island in the midst of the Talavera-tiled colonial kitchen. The gourmet kitchen is equipped with all top-end, commercial-grade appliances and a separate cooled pantry. Notable details of the home include hand-carved antique Mexican wooden doors, air-conditioning throughout, and a separate caretaker’s house, located over the 4-car enclosed garage.
This exquisite estate residence was completed in 2008, and includes Premier membership in the private Club Punta Mita, with its two Jack Nicklaus Signature golf courses, 8-court Tennis Club (managed by Four Seasons Resorts), and the private Residents’ Beach Club, as well as future planned community amenities. Additional benefits of its Punta Mita location include high-end infrastructure, 24-hour dual gated security, and world-class amenities.
For additional information regarding Casa El Destino, or to schedule a viewing, contact your Riviera Partners Previews Sales Partner, at: sales@rivierapartnersmx.com
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 Punta Mita’s newest luxury vacation option is now available at a spectacular value! Now for a limited time Riviera Partners Previews Punta Mita is offering a special opportunity to get away to Punta Mita and discover Ayia. This special four-day, three-night vacation rental package is available in Ayia’s stunning collection of luxury 2-bedroom condominiums, at a total cost of $1,750 USD, accommodating up to four adult guests. The price includes all taxes and service charges as well as notable extras such as 2 rounds of golf on the private Jack Nicklaus Signature Pacifico golf course and a $100 USD dining certificate at Café des Artistes del Mar. Newly opened, Ayia Punta Mita is located within the gates of the Punta Mita resort community.
Uniting a spectacular resort setting with lifestyle enriching amenities, Ayia Punta Mita brings a sense of casual glamour to Mexico’s premier beach and golf resort community. Inspired design by renowned Mexican architect Jose “Pepe” de Yturbe is complemented by a sexy poolside area, and attentive onsite concierge services. Each two-bedroom condominium is approximately 2,600 square feet with expansive terraces or balconies and a generous use of glass showcasing Punta Mita’s lush natural beauty. Gourmet kitchens and eclectic furnishings are highlights, along with the community’s stunning 200-yard-long swimming pool.
This package is ideal for those wanting to explore Punta Mita’s real estate opportunities. To reserve this package, please contact your Riviera Partners Previews Rental Specialist, at: rentals@rivierapartnersmx.com
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 Mark your calendars! Saturday, March 28, from 6-9pm, Riviera Partners Previews Punta Mita joins with Plaza Ollin for a special party celebrating the conclusion of the Punta Mita HOA Meeting Week. Along with cocktails and canapés under the stars in the stunning Plaza Ollin, enjoy a special showing of swimwear and La Perla fashions, from boutique Mar de Sueños. RSVP: 329/291-5442 / info@rivierapartnersmx.com
Following up on the success of the February Inaugural party of Plaza Ollin, Riviera Partners Previews Punta Mita and its Plaza Ollin partners plan to host special events on a monthly basis to bring together the area residents and foster a spirit of community. Stay connected to Previews for dates and themes of future events.
Following is a more complete schedule of the Punta Mita HOA Meetings and related events, current as of March 1st:
Tuesday, March 24
- 4pm - Punta Mita Master HOA Meeting, Four Seasons Resort meeting rooms
Wednesday, March 25
- Four Seasons Private Villas HOA Meeting, Four Seasons Resort meeting rooms
- El Encanto HOA Meeting, TBD
- 4pm, Las Palmas HOA Meeting, TBD
- 6-9pm – ArteMita “Cocktails with the Artists”, Ayia Punta Mita portico
Thursday, March 26
- 9am - Signature Estates HOA Meeting, Four Seasons Resort meeting rooms
- 12 noon - Lagos HOA Meeting, Four Seasons Resort meeting rooms
- 4pm - Ranchos HOA Meeting, Four Seasons Resort meeting rooms
- Evening – Residents’ Beach Club Cocktail, hosted by Dine and the Punta Mita HOA
Friday, March 27
Evening – Punta de Mita Foundation event, TBD
Saturday, March 28
- 6-9pm, Riviera Partners Previews Punta Mita & Plaza Ollin Cocktails and Fashion Show, Plaza Ollin
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 Our Windy season has arrived and with it the amazingly invigorating afternoons when those of us who love to be on the ocean sailing, windsurfing or kite surfing are totally fulfilled and rejuvenated! The Bay of Banderas is renowned for being a sailor’s paradise; we are lucky enough to enjoy fairly consistent onshore winds blowing daily from Bucerias all the way north to the Pacific Ocean open ocean bay of Litibu, which lies between Punta Mita and Syulita.
Depending on where you are between these points of reference you can expect to enjoy anywhere between 10 to 20 mph of constant wind (some days more), typically between the hours of midday to 6pm. While the wind is more thermally driven on good days with clear sky’s we have been lucky enough to sail with good wind filling our sails almost all the way across the Bay of Banderas coming close enough to see the waves crashing on the southern shores.
Coupled with the magic of being out on the ocean driven by the wind one can also still enjoy seeing the whales, dolphins and Tortugas while out on the ocean. If you love to be on the ocean and harness the wind then the northern bay and pacific coast of Punta Mita north to the Resort of Imanta is a meca and a must between the months of January to early June each year. We are normally blessed to have wind through until the rains begin, and then more storm driven winds arrive through the rainy season to keep us all on the water should we so desire.
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