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Keri
Super Nomad
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Registered: 10-31-2002
Location: La Mision, Baja Norte
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If you think Loreto Bay is bad check this out
FADESA WILL BUILD THE LARGEST HOLIDAY RESORT IN THE COMPANY’S HISTORY IN MEXICO
La Coruña, 28th May 2007.- FADESA Group will build what will be its largest holiday resort in the Mexican State of Baja California Sur: Loreto
Paraíso, a resort of considerable scope on the Sea of Cortez (Pacific Ocean), in which it will invest around 4,000 million Euros.
This project is unprecedented and shows FADESA’s firm commitment to Mexico as a country of vast possibilities for both holiday homes and first homes.
The resort will be set in the town of Loreto, the oldest town in Baja California Sur, situated 350 km north of its capital, La Paz. It is a very
exclusive area of natural beaches and rugged cliffs, regarded as a paradise for diving, fishing, whale watching and snorkelling enthusiasts.
The residential area of Loreto Paraíso will contain approximately 6,500 homes, including apartments and semi-detached, terraced and detached villas.
The hotel accommodation will be characterized by its wide variety, offering more than 7,000 rooms in luxury hotels, upper-upscale hotels, boutique
hotels, as well as fractional property, time-shares and condo hotels. The resort will also have four golf courses, which will be designed by the
greatest names in this sport, a marina, large leisure and entertainment areas, services area, as well as a significant ecological conservation area.
This holiday resort will also offer state-of-the-art services and is designed in line with sustainability criteria and a perfect integration with the
landscape and the environment. Loreto Paraíso is a very ambitious project aimed at the luxury market of mainly North Americans and Canadians, known as
snowbirds: people with high spending power looking for a second home in order to spend the winter months in warmer climates.
Labels: Boat Charters in Loreto, Fadesa in Loreto
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woody with a view
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Location: Looking at the Coronado Islands
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Dave
Elite Nomad
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I don't think so
| Quote: | Originally posted by Keri
it will invest around 4,000 million Euros.
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That's over 5 billion U.S.
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capn.sharky
Senior Nomad
Posts: 686
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Now I am really depressed. Where the hell will the water come from? What group supports this. Is this an Arab project? What can Fonatur be
thinking of? The Mexicans will be forced out of Loreto just as they have been in Cabo by the "people with high spending power". This just
SUCKS!!!!
If there is no fishing in heaven, I am not going
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Baja&Back
Senior Nomad
Posts: 549
Registered: 9-10-2004
Location: Vancouver, Canada / todo de Baja
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Guess they too are going to conjure up water for 6000 homes, 7000 hotel rooms & 4 golf courses out of thin air! 
[Edited on 7-15-2007 by Baja&Back]
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Baja&Back
Senior Nomad
Posts: 549
Registered: 9-10-2004
Location: Vancouver, Canada / todo de Baja
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We shouldn't lose sight of what has allowed all these mile of beachfront mega projects announced the last 2 years:
Good ol' Mexican government, trying to be "politically correct", issued official paper titles to all Ejido lands in the country without thinking that
the ejidos would instantly sell off their beachfront for millions.
Wouldn't you, if your family had been scraping by since 1920?
[Edited on 7-15-2007 by Baja&Back]
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The Gull
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Location: Rancho Descanso, BCN
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Hopefully all the golf courses will be along the beach
�I won\'t insult your intelligence by suggesting that you really believe what you just said.� William F. Buckley, Jr.
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baja sur
Banned
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Location: Capo Beach & El ojo de la tempestad.
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Baja&Back ,
Interesting theory !
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bajaguy
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New Business for Loreto
I think a water truck business would do well. hauling water to all of the new houses!!!
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DENNIS
Platinum Nomad
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Location: Punta Banda
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Those golf courses will have to use Astro Turf.
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Cypress
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Loreto is a real neat town.  They ought to let it grow at a slower pace. Everything seems to be on the fast tract these days. Either step on the gas or get out of the way. By the time you've bought into your piece of paradice it's morphed into a subdivision.
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oldhippie
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| Quote: | Originally posted by Dave
| Quote: | Originally posted by Keri
it will invest around 4,000 million Euros.
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That's over 5 billion U.S. |
All the press releases say the same thing and this too:
Fadesa Commits $5bn to New Mexican Resort
Spanish real estate developer Fadesa Inmobiliaria is to invest $5.4bn in building a resort in Loreto, in the Mexican state of Baja California Sur.
Loreto Paraíso, as the complex is to be called, will be the fourth project by Fadesa in Mexico.
http://tinyurl.com/2uukv9
6500 houses and 7000 hotel rooms.
http://tinyurl.com/2rrgsm
bye bye to one of the best areas in BCS
as to the water, first they'll drain the aquifers, then they'll change sea water into drinking water (would you like a room with or without water?,
with water is an additional $100 per person) and then they'll wring water out of the dry desert air.
Buy you know, 4 golf courses, that's worth it all.
I wonder when the Loreto developers are going to say they are going to float icebergs from the poles for fresh water. I know that's coming up next
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bajajudy
Elite Nomad
Posts: 6886
Registered: 10-4-2004
Location: San Jose del Cabo,BCS
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Jeez Louise, these guys make Puerto Los Cabos look like wannabees.
Ouch
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Paula
Super Nomad
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Registered: 1-5-2006
Location: Loreto
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According to various news sources and rumor mills, This area has Loreto Bay in process and scheduled development of San Bruno (Loreto Paraiso), Golden
Beach (south of Puerto Escondido), and the Villas Group about to start at Playa Ensenada Blanca. None of theese are on a modest scaleby any means.
I just don't get it. There's no water. The beaches are less than idyllic. The wind blows all winter and it's chilly (cold!) most of the time.
The summer is hot and humid. Sometimes I wonder why we even LIVE here!!!! (just kidding). But anyone looking for the lifestyle they're selling is
likely to be disappointed with what they get.
So all of this gets underway-- where are the buyers going to come from?
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vandenberg
Elite Nomad
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| Quote: | Originally posted by Paula
I just don't get it. There's no water. The beaches are less than idyllic. The wind blows all winter and it's chilly (cold!) most of the time.
The summer is hot and humid. Sometimes I wonder why we even LIVE here!!!! (just kidding). But anyone looking for the lifestyle they're selling is
likely to be disappointed with what they get.
So all of this gets underway-- where are the buyers going to come from? |
Paula, Build it and they'll come, remember.
Beats sitting in 4 ft of snow or, talking about hot and humid, being in Florida for that matter. Probably the most miserable place in the US of A. And
look at the people flocking there. 
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Cypress
Elite Nomad
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Location: on the bayou
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Paula, It's all about the airport. Easy come, easy go.  Zoom in and zoom
out. Jump in a cab and go down town. Rooms to rent and real nice people. The airport!!!
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bacquito
Super Nomad
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FADESA WILL BUILD THE LARGEST HOLIDAY RESORT IN THE COMPANY’S HISTORY IN MEXICO
La Coruña, 28th May 2007.- FADESA Group will build what will be its largest holiday resort in the Mexican State of Baja California Sur: Loreto
Paraíso, a resort of considerable scope on the Sea of Cortez (Pacific Ocean), in which it will invest around 4,000 million Euros.
Is this going to bo on the Pacific Ocean side or Sea of Cortez??
bacquito
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jeans
Super Nomad
Posts: 1059
Registered: 9-16-2002
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| Quote: | Originally posted by bacquito
FADESA WILL BUILD THE LARGEST HOLIDAY RESORT IN THE COMPANY’S HISTORY IN MEXICO
La Coruña, 28th May 2007.- FADESA Group will build what will be its largest holiday resort in the Mexican State of Baja California Sur: Loreto
Paraíso, a resort of considerable scope on the Sea of Cortez (Pacific Ocean), in which it will invest around 4,000 million Euros.
Is this going to bo on the Pacific Ocean side or Sea of Cortez?? |
Loreto is on the Sea of Cortez. I believe the use of the words "Pacific Ocean" in this press release is to denote that this project is on the
Pacific Ocean side of Mexico as opposed to the Caribbean/Gulf of Mexico side.
Just my dos centavos....
[Edited on 7-15-2007 by jeans]
Mom always told me to be different - Now she says...Not THAT different
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Keri
Super Nomad
Posts: 1393
Registered: 10-31-2002
Location: La Mision, Baja Norte
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Jeans,
I don't think the press writer knows the difference.LOL,k
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bajamigo
Super Nomad
Posts: 1218
Registered: 6-17-2006
Location: Punta Banda, BC
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Mood: hubimos llegado
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The development sounds big enough to reach the Pacific from the Gulf of California. Maybe the writer got it right.
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