Friday, October 29, 2010
Dear Reader,
Phase 1 condos at the Sian Ka’an project near Tulum on Mexico’s Riviera Maya were delivered last month. In fact, your fellow readers stayed there last weekend as part of the Tulum chill weekend. Eleven of the thirteen buying units (an individual…or a couple is a buying unit) reserved a property. Readers bought at this rate because when you see the project first hand, and the resort setting, you realize how good a deal it is. Moreover, e-mail reports from chill attendees have been glowing. Reports such as:
“We loved the penthouse at Sian Ka’an and with the full moon the Jacuzzi got a lot of use. The room was comfortable and spacious. We really felt special with the quick service and all the smiles” (from fellow readers John and Jen).
This is a major milestone for the project. As recently as twelve months ago, readers of the Pathfinder Alert bought penthouse units in Sian Ka’an for $205,000. Today, similar units in Phase 3 (preconstruction) list for $244,000. Phase 3 delivery is slated for two years from now. Phase 2 (delivery slated for next year) is fully sold out.
Buyers in phase 1 are generating rental income as I write.
Donna from Sian Ka’an put together this slideshow of photos of the completed units and the opening party. Take a look. It’s impressive, as you can see here.
Some units are still available in Phase 3. If you are interested in hearing about available units contact Donna here.
I’m looking forward to seeing the finished product for myself when I visit next month. When I was there in March, the show unit was almost complete. But the project was still mostly a building site.
The best way to see Tulum, this project and these completed units for yourself, is to go on one of their upcoming chill weekends. Again, Donna is the person who can pencil you in for one of these events. Your all-inclusive stay over three nights and four days will set you back just $180.
As I said, the reports from last week’s chill weekend were glowing. Like this from your fellow reader Patrick:
“The weekend combined all the right elements for a group of virtual strangers to gather, stay in very impressive and comfortable accommodations, get a ton of valuable information on which to base decisions on three properties, have too much fun, and depart four days later with friends and possible neighbors in places where they bought…In all, a totally worthwhile and enjoyable experience!”
A huge plus of owning in an established resort like Gran Bahia is that the infrastructure is already in, with $100m invested to date to get the resort looking the way it does today. The finishes and materials are high-end. Design parameters clearly set out what the resort (and homes within it) will look like. The houses here are sleek and modern, with clean elegant lines, and stylish interiors. They certainly look like million-dollar homes.
When you see the quality of the finishes at Sian Ka’an, you will get a better appreciation for the developer’s plans for his newest project, Tao. Tao is only minutes away from Sian Ka’an … right on the golf course at the Gran Bahia resort. With the Tao homes, you get a similar design and feel as those much pricier homes in Gran Bahia…with a much smaller price tag.
I told you about Tao back in August. The first release of twelve townhomes (2100 square feet including exterior space) was quickly snapped up. Remember, construction quality and finishes in Tao will be on a par with the multi-million dollar homes nearby. They have to be. The resort’s owners wouldn’t allow it otherwise. The developer has nailed the concept. These are just the type of units—in the right resort and in the right area—that today’s market demands. High quality, comfortable and spacious, and hassle-free.
These townhomes are priced from $269,000 with developer financing available.
The next phase for release in Tao is Tao condos. The official launch takes place next month at International Living’s Live and Invest in Mexico conference. Condo prices will start at $153,000 for a 969 square foot unit.
I know of no opportunity where you get such a bang for your buck. This is a high-end, 5-star resort with world-class amenities. The surrounding area is rich in culture and leisure activities, and home to some of the world’s best beaches. It’s easily accessible from most locations in North America and Europe. More than 100 international flights land in Cancun every day. There’s a new international airport planned for Tulum, only fifteen minutes from Gran Bahia. When that opens, it will land three million visitors in the first year of operation.
I expect these condos will be snapped up and prices will quickly rise.
I strongly urge you to contact Donna to arrange to visit and see the quality of the Tao project first-hand. Join her on a chill weekend. This is the best way to fully appreciate what a great deal this is. You can check out Tulum’s stunning beaches, and the properties in this five-star resort setting for yourself. You can’t go wrong: Even if this deal isn’t right for you, you’ll enjoy four relaxing days soaking up the sunshine in the Caribbean…for only $180.
Ronan McMahon
Editor’s Note: Members of my elite investment group, Real Estate Trend Alert (RETA),can lock down those Tao pre-release condos with as little as $6,000 down and monthly payments of $600. They are also invited to participate in a free, members-only chill weekend this December 2nd-5th. The developer is picking up the tab for RETA members (you make your own travel arrangements) for this three-night, four-day stay. If you are interested in the Tao condo pre-release offer, RETA might be just the thing for you. Find out more here.
You might also be interested in:
Income, & the Prospect of Capital Appreciation, in a Premium Resort
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