Riviera Nayarit & Costalegre, Mexico
Embark on a short three-hour journey from Los Angeles, California, and immerse yourself in the unspoiled tropical beauty of Pacific Mexico.
Embracing the radiant Pacific coastline is the Bay of Banderas, the largest natural bay in Mexico. This paradise extends over 40 miles of coastline, adorning its shore with nearly 30 miles of pristine beaches, private coves, and dramatic cliffs.
The Bay of Banderas is Mexico’s second-largest tourism hotspot, offering an array of charming locales such as Cabo Corrientes at the southern end, Puerto Vallarta at the heart, and the luxurious Punta de Mita to the north.
Northern territories are experiencing a transformative growth with world-class branded resorts including the renowned Four Seasons, St. Regis, Montage, and Pendry in the Punta Mita Resort, with an Auberge next-door, a Belmond at Sayuilta, a Ritz-Carlton Reserve at Nauka and the exquisite One&Only and Rosewood at Mandarina.
Further south from Puerto Vallarta, the new Four Seasons at Tamarindo is re-creating the Costalegre region, amidst a stunning backdrop of raw natural beauty.
Most exciting all is a next level exclusive sister resort from the developers of Punta Mita is taking shape at Cabo Corrientes.
Any number world class luxury resort brands will transform this coastline over a decade.
These ventures are testament to the unprecedented growth and diversification of luxury branded resort real estate.
This expansion is ushered in by Mexico’s finest architects, builders, and artisans, conjuring stunning and imaginative homes along the Pacific coastline. The areas surrounding Punta de Mita are buzzing with luxury investments. With occupancy restrictions in place, exclusivity is ensured, providing an impetus for high-end development.
The Bay of Banderas has attracted a global community of investors, notably from Silicon Valley and Hollywood. Alexis Burwell of La Punta Realty observes, “The transformation here is spectacular, with an abundance of active developments along the north coast and a brisk sales pace.”
The Puerto Vallarta region currently hosting over three million tourists per year, is projected by FONATUR, the Mexican tourist development bank, to attract more than six million tourists annually over the next two decades, doubling its present population.
Tourism remains a crucial economic pillar for Mexico, contributing over 8% to the GDP in the past decade and providing employment to 4.4 million people. Despite the COVID-19 pandemic, Mexico’s borders remained open, enabling a faster recovery for the tourism sector compared to many global counterparts.
By 2022, the country hosted 38.3 million visitors, a number predicted to approach 40 million in 2023, fueled primarily by visitors from the United States and rapidly increasing numbers from Canada and Colombia. Meanwhile, the tourism-dependent regions are regaining strength, and Mexican tourism destinations like Cancún, Los Cabos, Puerto Vallarta and Pueblos Mágicos are witnessing record bookings, and air travel is experiencing an unprecedented surge.
Mexico’s commitment to its tourism industry and its resilience during challenging times is evident in the sector’s robust growth and substantial economic contributions.
The industry’s trade surplus hit a record $20.9 billion in 2022, far outpacing other sectors and even exceeding the success of the manufacturing industry.
The tourism industry also attracts significant foreign direct investment, with vacation homes and hotels pulling in a record $3.4 billion in 2022, surpassing pre-pandemic levels.
The future of Mexico’s tourism industry looks promising as it continues to flourish, providing a diversity of experiences to international and domestic tourists alike, while significantly contributing to the nation’s economy.
The Mexican government, prioritizing the growth of the Bay of Banderas, is bolstering its infrastructure to accommodate the surge of new homeowners, making foreign investment and property development more accessible.
With an average of 300 sunny days a year and a year-round temperature of 85 degrees, the Bay is a haven for outdoor enthusiasts. Seven world-class golf courses designed by luminaries like Jack Nicklaus and Tom Weiskopf, myriad water sports, and a sprawling coastline for relaxation make the Bay a dream destination.
Behind this coastal paradise lies the lush, tropical jungle of the Sierra Madre mountain range, offering a breathtaking panorama that eco-conscious developers and homebuyers are keen to preserve. Eco-tourism thrives amidst this diverse natural habitat, with activities such as mountain biking, hiking, canopy tours, horseback riding, and cultural excursions to remote colonial towns or Huichol Indian villages.
Punta de Mita offers serene tranquility, with Puerto Vallarta, a delightful fusion of traditional charm and modern allure, just a short distance away. Here, over 200 restaurants cater to every palate, while a vibrant nightlife and numerous art galleries keep your senses tingling.
Investors with foresight can leverage the long-term potential of properties in the Bay of Banderas
