Vivo Resorts set to capitalize on emerging destinations growing popularity
CALGARY, AB. – As Puerto Escondido in Oaxaca, Mexico continues its rise as a world class tourist destination, Vivo Resorts, an established luxury oceanfront resort founded by Canadian Olympian and former World Cup Downhill Champion Cary Mullen, is rising with it.
Puerto Escondido was covered recently by Major news outlets such as the Financial Times, CNN Travel, and Toronto Sun, all running stories about Puerto Escondido’s off the beaten path charm and its emergence as a travel destination for those looking for locations that are not purpose built for tourism.
Since the first traffic lights were installed in 2005, Puerto Escondido has experienced dramatic growth. Its population has more than doubled to reach 45,000 with critical infrastructure, including the new hospital, growing to support its residents and visitors.
In the next ten years, the population is expected to continue growing and new president Andres Manuel Lopez Obrador has allocated more than $120 million for continued development of roads in the state of Oaxaca. *
Air traffic into Puerto Escondido continues to increase and reached 302,478 passengers between January and December 2018, up 18.2% over the same period in 2017. **
Vivo Resorts’ rise is in parallel with Puerto Escondido’s emergence as a world class destination for savvy travelers, the international surfing crowd and those wishing to experience authentic Oaxacan culture and cuisine.
Since the first power lines were connected in 2010 the resort has been gaining momentum year over year, and the gated 75 acre Vivo Resorts is well positioned to fulfill its ambitious master development plan. It features 10 of a planned 114 private homes along with 130 of a planned 400+ condominiums with plans to add a commercial shopping area. Another 70 condominiums are already mid-construction, with the release of another tower expected in the coming weeks.
Vivo Resorts offers its owners unpretentious luxury and its $7 million Clubhouse is the centerpiece and social hub for a resort that also feels like a community. At 53,000 sq ft, the clubhouse features luxurious amenities including a relaxing spa, ocean view fitness facility, upscale restaurant, sports bar, tennis courts and large event space.
“This is how Puerto Vallarta looked 30 years ago.” said Cary Mullen, founder, Vivo Resorts. Mullen, who’s been an active real estate investor since 1989 added, “With Puerto Escondido’s rising popularity, we are at an inflection point in the life cycle of our resort. With our new Clubhouse and Spa now open and new residences opening in 2019, we are ready for a breakout year.”
Vivo Resorts is located on a 21 km stretch of pristine and untouched beach just outside of Puerto Escondido. The location was selected by founder Cary Mullen after reviewing 30 different destinations based on 44 different attributes. The region is known for its off the beaten path appeal, internationally recognized local farm-to-table cuisine, and weather. The climate is consistently warm with low rainfall and low risk of hurricane.
Warm-at-first-touch water temperatures make the area perfect for swimming, stand-up paddling, scuba-diving and snorkeling year-round. Puerto Escondido is also a top international surfing destination and hosts surfers from around the world. Vivo also offers a wide variety of land based activities including biking, hiking, eco-tours and horseback riding.
Vivo resorts operates on a non-speculative, non-leveraged business model. Funding is secured by buyer deposits and when pre-sales target are realized, construction begins. No debt means no financing costs, no debt payments and no insolvency risk.
Early Investors in Vivo are already seeing gains. In 2010, the first 1 bed, 1 bath condominiums were listed at $158,000 USD. In 2015, similar 1 bedroom suites were listed at $214,000 USD and are now listed at $339,900 USD.
Vivo Resorts caters to buyers with multiple styles, sizes and prices of condominiums. For those who want a waterfront experience, every suite in the Marino and Nautico buildings offer panoramic, unobstructed, wide-angle ocean views. Both buildings offer one, two and three bedroom configurations ranging from $339,000 – $624,900 USD. For those who prefer to lounge by the pool and enjoy lush gardens, Botanica residences offer one and two bedroom configurations and range from $232,900 – $299,900 USD.
All Resort condominiums feature floor to ceiling glass patio doors that maximize ocean and/or mountain views.
Investors seeking a more luxurious experience can choose from a number of different pre-designed private villa configurations or build a custom villa starting at $200 USD / sq. ft. Pre-designed options range from $282,600 for a 1,550 sq. ft two bed, two bath home to a four bed, four bath home for $989,900 USD plus the cost of home site.
More information on ownership opportunities is available by calling 1-844-777-VIVO (8486) or visiting http://www.vivoresorts.com
About Vivo Resorts www.vivoresorts.com
Vivo Resorts is a US$ 200 million gated community of luxury condominiums and private homes located 10 minutes from downtown Puerto Escondido, Mexico. Founded by two-time Olympian, World Cup champion downhill skier and visionary developer, Cary Mullen, Puerto Escondido was chosen from 30 different destinations for its sandy beaches, year-round warm weather and world-class recreational activities such as surfing. Occupying 75 acres of beachfront on the southern tip of the Emerald Coast of Oaxaca, Vivo Resorts includes 800 yards of frontage on Palmarito Beach and offers ocean views from every suite.