• Terrazas Las Fuentes Re-Organized, Re-priced
Coci Homes, the developers of Terrazas Las Fuentes, have re-organized their sales and marketing efforts, and are rewarding buyers with an approximately 20% reduction in price. The enclave of 11 arch-view homes, located on the corridor a few minutes drive from Cabo San Lucas, offers three- and four-bedroom designs with high end finishes and private yards. Options include pools, premium appliance packages and working fireplaces. Financing is available for US, Canadian and Mexican citizens. Contact any MLS member realtor for information or to arrange a tour.
Coci is also planning a 250 home development targeted at the ‘active senior’ market in recognition of the growing number of Americans and Canadians choosing to retire in Los Cabos. Further details of the project, estimated at the $300-600,000 price point, will be revealed Fall 2008.
• Ventanas Residencial Opens Community Center
In May, Portus, developer of Ventanas Residencial, officially opened their new 15,000 sq ft community center. Jazz concerts were held for residents and real estate professionals to mark the event. The center includes two swimming pools (one a children’s pool), numerous Jacuzzis, fire pits, a TV lounge, and a state of the art gymnasium. A convenience mart, Internet café and business center, and a non-denominational chapel, as well as concierge and property management offices, are also on site. A yacht club is available for owners in Ventanas. The property management offices will provide both typical management services and also optional vacation rental homes not in use by the owner. Ventanas has two-, three- and four-bedroom residences, complete with upscale finishes and premium appliances. A design service is available, and gardener service is included in the monthly home owner’s dues. At press time, prices for homes in Ventanas Residencial started at $290,000 USD for a 1,489 sq ft home, to $800,000 USD for a 4,109 sq ft home on a large lot. For more details on Ventanas Residencial, or to schedule a tour of available homes, contact your real estate professional.
• Hacienda Phase II Opening
IMI Living, developers of the ultra-luxurious Hacienda project on Médano Beach, is releasing an additional four condominiums and six ocean front villas for sale. These properties will be on the south side of the project’s 22 acres (formerly the site of the Hacienda Hotel.) Price points were not released at press time, but the Phase I properties started at under $1 million USD for a one-bedroom condominium, and up to several million for larger units. A full range of amenities will be offered to owners at Hacienda.
