This week I have a
special treat for you, particularly if you have been following Loreto and
Loreto Bay from before I started writing this Blog over five years ago. The beginnings of Living Loreto had its roots
in a previous Blog that was written by this week's Guest Blogger, Nellie
Hutchison, whose Blog "Where in the world is Nellie" about her experiences
after moving to Loreto Bay full time was my source of Baja sustenance before I made Loreto my home. It is therefore with gratitude to my Blog
Mentor - and a sense of reversed roles that I introduce this week's Guest Blog:
It is a pleasure to be a Guest Blogger on Drew’s Living
Loreto. The last five years have seen
many positive changes and improvements in our area. This is quite remarkable when one steps back
and realizes how much has been done in a remote community that started with
less than a few dozen full time residents.
Through the sheer will and determination of our hundreds of homeowners,
we have created a viable and beautiful community that offers convenient
amenities and remains a safe and friendly haven.
For the first time since 2008 I feel that we are gaining
some momentum towards economic recovery and once again Loreto is The
Place To Be! There are
positive rumors about Westjet coming to Loreto next season, as well as having a
commuter flight again from San Jose Del Cabo to Loreto several times a week to
make access from Central and East Coast States much easier.
Personally, I am very excited about restarting the two 4
story Posada Buildings in the center of Founders Neighborhood in Loreto
Bay. These large buildings have been
standing uncompleted and idle since 2008, but now, after 2 long years of
negotiations with the original residential Homeowners, Homex and several
contractors, we have reached a mutually acceptable agreement and full scale
construction began again last month.
The contractor is Ginax and they have approximately 60
workers on site, together with many people behind the scenes doing mill and
iron work, as well as architects, engineers and administration. The site is clean and well managed and the
crew shows up every day promptly at 8 am.
They have a makeshift food stand
serving hot lunches to the crew, which smells delicious and it reminds me of
the early days in 2006 when we would see up to 1500 workers on site happy to be
working. The crew is friendly and they
appear to be enjoying working in our Community, the people who live here, and
their jobs. Ginax is a large company
and their active presence here is making a positive difference to a lot of
lives.
There are 51 residential units in both Posada Norte (north)
and Posada Sur (south) on the second, third and fourth floor Penthouse
units. Only 1 Penthouse left at $595,000
… so don’t delay! The ground floor of
each building offers commercial space for sale.
These buildings will be part of the Loreto Bay Master Condo Regime and
the land between the buildings will be Master Common Property for all to enjoy.
We have sold out 50% of the residential units, which will be
completed by the end of 2014. We are
offering significant pre-completion discounts on the units we have listed and
Homex has 7 units for sale which we also represent. Homex has been very cooperative with our
legal team and we are pleased to announce that we have received approval of the
subdivision of the two Posada Buildings away from the original Beach Club Spa
Lot, which will be retained by Homex for future villa style homes. This is the first of many successful steps as
we move to transfer title to the owners in the upcoming months.
Loreto Bay Homes plans to manage these buildings as a luxury
boutique hotel offering a beautiful Lobby and Concierge Services for the owners
and guests. Our rental market is
increasing exponentially and we are taking reservations in our Village homes
now for March 2015. In 2010 we could
not rent a Casa Chica for $50 a night, and now we have rates as high as $185
per night for our Chicas, and up to $900 US a night for our luxury beach
homes. We fully anticipate that the
Posada Buildings will be a great investment for rental and owners who want to
enjoy one level enclosed living, with views from every room.
As part of our Sales and Destination Marketing endeavors, we
will be in attendance at the Calgary Herald Mexi Go Exposition held at the
Deerfoot Inn and Casino on Saturday, March 15, 2014, from 9 am to 5 pm. We are lucky to be among only 14
representatives chosen from Mexico.
Visit our Booth #26 to enter our DRAW PRIZE of a free trip for 2 to
Loreto, with one week's accommodations at the 5 star luxury resort, Villa Del Palmar Isles of Loreto.
I will be the Key Note Speaker presenting “The Past and Future of Loreto Bay and its
Special Relation with Calgary” from 10 am to 10:30 pm in the Bridlewood
Room adjacent to the main hall. I will
be in attendance all day and will be making appointments with those that want
more information on our destination through to March 18. I am happy to be back in Canada and sharing
our special place with our many friends and supporters. 25,000 copies of the beautiful Mexi Go
Magazine will be distributed in Western Canada and available at the Calgary
Show. Here’s a link online for your
preview. www.issuu.com/mexi-go/docs/mexi-go2014
The Calgary Herald, co-sponsor of the Exposition,
ran a feature story on Loreto Bay on Saturday, March 1, 2014, in the New Homes
Section, in advance of the show you can link to a copy of the article at: http://www.calgaryherald.com/homes/Loreto+Mexican+charms+lure+Calgary+couple/9560126/story.html. From the beginning of this project over 10
years ago Loreto Bay has a special relationship with Calgary and we look
forward to this renewed interest and curiosity of what has become of our
seaside paradise!
Don’t delay in requesting more information on the
Posada Buildings plans and prices, as well as excellent deals on Village Home
Re-sales. Loreto Bay Homes represents
95% of all resale listings in Loreto Bay and we are pleased to advise that
there is only approximately 5% of the development for sale. This is a very low number in consideration of
the global economy and the fact that these are typically vacation second homes. We believe that Loreto Bay has established
itself as a financially secure and viable community with a bright future.
I look forward to hearing from you and seeing you
in Calgary, March 15, 2014!
Nellie Hutchison
Email: Nellie@BajaBoss.com
US Cell 602 628 2920