PUNTA MITA ANNOUNCES BENCHMARK YEAR FOR REAL ESTATE SALES AND DEVELOPMENT ENHANCEMENTS IN 2020
Launch of New Surf Club and Vacation Rentals Blended with Location and Diverse Offerings Cement Punta Mita’s Position as Leader in Second Home Community
Punta Mita, the ultra-luxurious resort and residential community situated in Mexico’s Riviera Nayarit, announces a year of impressive sales success alongside new development announcements. The benchmark year comes on the heels of announcing several new updates and offerings within the destination including a chic new surf club on the shores of Banderas Bay and the addition of vacation rentals to the development’s list of illustrious accommodations.
Spotlights of residential sales success include:
- Homeowner occupancy was up 28% in 2020 over 2019 with many homeowners extending their visits.
- Vacation rental usage was up over 2019.
- Q1 2020 results had a 13% increase in sales revenue over 2019, which was a previous record.
- The second half of 2020 reported an 84% increase in total home sales over the same period in 2019. This was one of the strongest six-month performances the project has experienced.
In addition to demonstrated sales success from discerning buyers in 2020, Punta Mita continues to enhance the offerings for homeowners and guests alike within the 1,500-acre private oasis with the recent introduction of El Surf Club and Punta Mita Rentals. Bringing a new energy to the area, El Surf Club located right at the destinations best Surf breaks provides surf rentals and instruction, drinks from expert mixologists, a barefoot-chic vibe fueled by in-house DJs and Chef Mexican coastal cuisine, which highlights fresh, locally-caught seafood, gourmet tacos, as well as burgers. Another feature to the peninsula is Punta Mita Rentals, a initial collection of 40 luxury residential vacation rentals ranging in size from two to three-bedroom flats to spacious five to eight-bedroom villas with private beach access, providing visitors with a unique and luxurious experience with the world class resort amenities in the comfort of a private home.
“Punta Mita is a unique product within the Mexican market, delivering an attractive setting with a multitude of experiences paired with world-class hospitality,” said Punta Mita Director of Marketing and Operations Carl Emberson. “Our homeowners can also have peace of mind when they stay with us knowing that we offer a full-service hospital, opportunities for remote workers, and a robust homeschooling program which allows children to continue their studies from afar. By presenting options for privacy and a safe refuge within a low-density community with outdoor pursuits from ocean sports, to recreational trails, golf, and tennis, Punta Mita continues to be a key sanctuary for discerning buyers and visitors.”
In an effort to meet market demand, Las Vistas Estates, a 80 acre community at the peak of the Punta Mita peninsula, will be relaunching 10 custom home sites with never-before-seen panoramic views of the resort community, Banderas Bay and Pacific Ocean.
For more information on Punta Mita, please visit www.PuntaMita.com or follow @punamita.