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Las Villas de Mexico Develops the Loreto Bay Community, Increasing Home Values in Baja Fishing Town

Posted on Feb 07, 2011 - 10:00 AM | General | Comments (0)

International tourism has felt the pinch of the recession but has recovery begun in Mexico?

It was disappointing news when Loreto Bay, a planned development emphasizing sustainability in the small fishing-oriented town of Loreto on the Baja peninsula in Mexico, declared bankruptcy and closed down its operations. The town of Loreto had been working strategically to maximize its presence as a premier tourism destination. The featured community of Loreto Bay was to be eco-friendly in its design, focusing on a sustainable, car-free atmosphere with minimal environmental impact.

The project was in sync with the best of what Loreto Baja is best known for: the natural world. Jacques Cousteau once referred to this 155 mile strip of coastline located on the sparkling aqua waters of the Sea of Cortez as the “world’s aquarium”. Rugged mountains from the Sierra de la Giganta range run up and down the coast. Visitors to the coastal towns and islands have access to an extremely wide variety of sports both on land and in the water. The whale and turtle watching is known to be some of the best in the world. Additionally there is fishing, diving, sailing, kayaking, hiking, and more. The towns in this privileged area embrace these active ties to nature and the community of Loreto Bay aimed to preserve that mindset.

There are new homes with amazing value in Loreto!

The recession changed that. After the development struggled, the home owners who had relocated to Loreto Bay were left surrounded by homes that were not finished or even begun. Their property values had plummeted. For awhile, it seemed as though Loreto’s goal of becoming a model of Mexico’s best was failing.

Undaunted, this group of conscientious homeowners bonded together to help this development find new life. Homex, Mexico’s largest home development company has stepped in and purchased several lots of the Loreto Bay properties. Redesigning the neighborhood according to the acclaimed brand philosophy of Las Villas de Mexico, the villas and condos now going up will offer the benefits of home ownership with the luxury resort amenities people love.

Still with an eye towards environmentally-sound building techniques, these traditionally designed villas and condos include inner courtyards, balconies, and rooftop gardens as well as many “green” building materials.
New homes in the Las Villas de Mexico Loreto Baja community are still priced low, even as the community is seeing an economic upturn. This is an excellent time to get a valuable price on a prime real estate investment
Daily flights from LAX to Loreto’s airport make it extremely easy to access the area. The beautiful new terminal is evidence of the growth that is happening and the increasing home values in Loreto Baja.
Las Villas de Mexico will include the Sunstone Beach club. These beach front villas can be customized to the buyer’s choice preferences for colors, finishes, fixtures, and layout.

Loreto is a small community with a strong core of values. It’s not crowded, nor is it overly commercialized; yet Loreto has managed to intentionally preserve the flavor of its history. The fresh, entrepreneurial businesses that provide the bakeries, shops, and restaurants are run by enthusiastic people who want to take Loreto into a vibrant, thriving tomorrow. Despite the economic challenges of recent years, this community is alive and well. Now is an excellent time to get the best price on an area that is increasing in value. To get more information visit www.lasvillasdemexico.com.

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