Cabo San Lucas, BCS, Mexico ? March 2006 ? The Villa Group, a resort development company with offices in Cabo San Lucas, Mexico and Puerto Vallarta,
Mexico announces that it has plans for development in Loreto and Cancun, Mexico.
Owen Perry and The Villa Group have purchased 1800 acres of beach front property in Loreto Bay, located in Baja Sur, Mexico. The area, which enjoys
nonstop flights from Los Angeles and San Diego and direct flights from Phoenix, is rapidly becoming one of Mexico?s prime vacation destinations.
In another popular Mexico vacation spot, Cancun, Fernando Gonzalez and The Villa Group have added 400 more prime beach front acres.
The Villa Group has nearly a quarter of a century track record of successful resort and residential resort real estate development including time
sharing, hotels and fractional ownership, has been successful for more than 20 years.
?The addition of these two prime locations fit our business model exactly,? said Owen Perry, partner in The Villa Group which was formed in the mid
1980s. ?We will be releasing our plans for this land within the next quarter.?
The Villa Group?s highly successful ventures include Villa La Estancia (Cabo San Lucas and Nuevo Vallarta), one of the world?s most successful
fractional properties. Phase III of the Cabo San Lucas property, over looking Cabo?s famous arch, is projected to be completely sold out by June.
Villa La Estancia Nuevo Vallarta is breaking sales records in its initial phase. It is located on the 50,000 square meter, mixed-use lot on the
development north of Banderas Bay in Flamingos Vallarta. It is adjacent to the group?s fifth resort, Villa del Palmar Flamingos, which opened in June
2004. The expansive stretch of beach is an ideal location for activities center around family vacationers.
As a continuation of its master plan to develop Medano Beach, touted as finest piece of real estate on the beach in Cabo San Lucas, The Villa Group
has added Villa del Arco, a deluxe timeshare hotel, to its mix. Villa del Arco is yet another diversification of the leisure market with a product
that is family oriented with deluxe amenities for vacation owners.
The 60,000 owners of The Villa Group timeshare resorts are members of the Universal Vacation Club. Gold members of the Club stay and enjoy Villa del
Arco as part of their membership which includes Villa del Palmar Puerto Vallarta, Villa del Palmar Flamingos and Villa del Palmar Cabo San Lucas.
Presently The Villa Group has seven resorts in its group, as well as a number of hotels, restaurants and various other tourist oriented entities.Phil C - 3-23-2006 at 06:33 AM
Oh boy, here we go again.....anybody know where this is?
[Edited on 3-23-2006 by Phil C]vandenberg - 3-23-2006 at 08:14 AM
Since it mentions 1800 acres at Loreto Bay, that leaves only the area north of the Whale's Inn ?
Anybody ??djh - 3-23-2006 at 08:21 AM
Do I hear Skeet asking: "Where will the water come from, and who will pay?"
Who forgot to lock the gate???
djhelizabeth - 3-23-2006 at 08:26 AM
Quote:
Originally posted by djh
Do I hear Skeet asking: "Where will the water come from, and who will pay?"
djh
That's a pretty good question...do I dare ask, given the Villa Groups history in that news release, that we're going to get time shares in Loreto?????backninedan - 3-23-2006 at 09:44 AM
Our current water pressure is just a trickle, has been for the three years I have lived here. Unless they come up with alternative water sources, I
just dont see how it can work. This includes the construction under way at Loreto ghetto.wilderone - 3-23-2006 at 10:08 AM
Ha!! Should wreak havoc with the LB plan.
Re Villa Group's Cabo units:
"Villa La Estancia is the only ownership opportunity on the beach on Cabo San Lucas Bay in Cabo San Lucas. Very close attention is paid to the lush
tropical landscaping, waterfalls, reflection ponds and swimming pools to insure the best of the best to its owners. Underground parking, Fiber Optic
Lines, Business Center, Gymnasium and Medical Services are but a few of the amenities that await you as an ow
The Co-ownership is for the client that is more interested in buying an alternative to a second home instead of Full Ownership or a timeshare. Both
Full and Co-Ownership offer the lock off capabilities that provide each Villa with excellent rental and use options. This amenity makes for a sound
investment in the highly profitable Cabo San Lucas Rental Market. Villa La Estancia has preconstruction prices from the mid $100,000?s"Phil C - 3-23-2006 at 02:29 PM
BND " Loreto Ghetto" Phil S - 3-23-2006 at 05:32 PM
Dan. Do you think that eventually the "ghetto" (aka Loreto Bay/Nopolo) will end up having a higher tax evaluation than Loreto Proper????Bruce R Leech - 3-23-2006 at 05:37 PM
Skeet where are you when we need you?vandenberg - 3-23-2006 at 06:18 PM
BTW, does anybody know what happened to Skeet ?? Haven't seen a post of him in days. Unusual to say the least.backninedan - 3-25-2006 at 09:15 AM
Phil, I have no idea. Im not even sure Loreto ghetto will survive in its current form. The old questions of water, power and sewer have never been
answered. If it does get completed as advertised, I have no doubt the the tax base will exeed Loreto proper.tigerdog - 3-26-2006 at 09:33 AM
The Villa Group is an important company in Mexico's timeshare world. They do regular timeshare as well as "fractional" and "private residence club",
and also whole ownership. So I'd say YES, assuming all goes well, there will definitely be timeshare in Loreto. It was only a matter of time...
Here is their website: The Villa GroupNeal Johns - 4-7-2006 at 04:55 AM
Where does Loreto plan to get water for development? I hear on the grapevine that developers are in the nearby mountains buying land with water
sources on it....... No further info available from me. Anyone?Don Alley - 4-7-2006 at 07:20 AM
Quote:
Originally posted by Neal Johns
Where does Loreto plan to get water for development? I hear on the grapevine that developers are in the nearby mountains buying land with water
sources on it....... No further info available from me. Anyone?
Loreto Bay people have visited mountain ranchos with Loreto's munincipal president and expressed an interest in purchasing the properties. Many months
ago, at a meeting with Loreto residents, LB suggested that they may build dams and aqueducts to bring water from the mountains.
I'm no expert, but eyeballing the flow of surface water, it looks pretty sparse to me.
Several Mexican residents say LB has already bought Primer Agua fron Fonatur. But there is only a very small stream there. Wells, maybe?
And, there is the Loreto munincipal water supply. The city plans to:
1. More agressively collect bills (many are unpaid) to raise money to repair leaks.
2. Meter water to encourage conservation.
They say this will result in more usable water for future growth and development.
I don't know. There are buildings going up all over the place. I think we have a problem...wilderone - 4-10-2006 at 08:58 AM
LB probably wants to charge a membership fee for Primer Agua - some kind of Palapa Bar Country Club - look for the Keep Out sign.
