El Banco – North Shore Boutique Development

El Banco – North Shore Boutique Development

Tim Koogle, former CEO of Yahoo! Inc. and current venture capitalist, first spotted El Banco while on his honeymoon in May 2003. He was so enchanted by the white sand beaches, rugged cliffs, and lush vegetation that he purchased El Banco, over 120 acres of pristine ocean-front property located on the Punta de Mita Peninsula north of Puerto Vallarta, Mexico. From the beginning, Koogle’s intention has been to create an architecturally significant and low-density luxury development

Tim Koogle, former CEO of Yahoo! Inc. and current venture capitalist, first spotted El Banco while on his honeymoon in May 2003. He was so enchanted by the white sand beaches, rugged cliffs, and lush vegetation that he purchased El Banco, over 120 acres of pristine ocean-front property located on the Punta de Mita Peninsula north of Puerto Vallarta, Mexico. From the beginning, Koogle’s intention has been to create an architecturally significant and low-density luxury development.

Working with Chief Architect Juan Munguia, Koogle plans to build a coastal community with four areas of elegant living: El Banco Estates, Beach Villas, Casitas by the Lake, and Villas by the Park. El Banco Beach Club will be available to all residents and offer an oceanfront haven for swimming, sunbathing, or sipping a cocktail. A luxury boutique hotel, scheduled to open by 2008, with a spa, cultural center, restaurant, and pool will complete the experience and be available to all El Banco homeowners. The Master Plan aims to preserve the natural beauty of the land and offer homeowners and visitors a private refuge for relaxation and recreation.

Munguia’s vision for El Banco is to embrace authentic Mexican architecture by including Spanish Colonial elements—grand arches, gracious courtyards, and hand-craftsmanship—and incorporate contemporary comforts—premium amenities, top-quality construction, and generous floor plans. Living spaces will extend from indoors to out, vibrant colors will grace unexpected spaces, and accents of modern architecture combine to create a planned community like no other. The design of El Banco will celebrate the best—old and new—of what Mexico has to offer.

The area surrounding El Banco is full of adventure for all ages and activity levels. From snorkeling, world-class golf, or deep-sea fishing for the active set to sitting poolside, indulging in spa treatments, or spending an afternoon shopping for the less adventurous, there truly is something for everyone.

The Puerto Vallarta area, only 45 minutes from El Banco, is full of home furnishings, clothing, and jewelry shops, as well as art galleries and restaurants featuring some of Mexico’s most celebrated artists and chefs. For more information on El Banco, please visit http://www.elbancomexico.com/, or for a tour of the property, contact La Punta Realty at
MX Toll Free: 800-841-2133 or visit http://www.lapuntarealty.com/.

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