Costa Loreto: Developing Projects You Want:
Loreto is an Integrally Planned Center (CIP, by its initialsin Spanish) developed by FONATUR? They put into practice an essential formula to create international-quality tourist destinations based upon a city evolution, they provide the infrastructure and services required to tend to both populations, permanent and temporary.
Loreto was conceived as a tourist corridor comprising 3 localities:
1. The town of Loreto
2. Nopolo (located 5 miles South of Loreto)
3. Puerto Escondido (located 17 miles South of Loreto)
The master plan of Costa Loreto is undergoing revision, as pointed out in another section of the website, to pursue more exactly the developer’s dream of an ecologically sound use of the property that preserves and enhances the magical aura of Loreto. The revisions are as to detail, however, and the central essence of the project will remain the same. It centers, naturally, on the Sea of Cortez and on its centerpiece the Marina, which will be intimately connected to that fabled body of water.
The Marina area will be home to marine-related businesses of all kinds, and also to bars and restaurants, retail stores, coffee shops and the like. Imagine a late afternoon, the yacht basin filled with white hulls on sparkling water, a seafood restaurant serving customers the famous Loreto “chocolata” clams, and margaritas or a good Mexican wine from the Valle de Guadalupe and stories of boating and fishing on the Sea of Cortez being shared. A boutique hotel will grace the harbor entrance and, in the mornings, provide a view of a spectacular sunrise.
Villa Julieta is a 3.6 acre parcel located on the beachfront and is the closest neighborhood within the project to the town of Loreto. This parcel is the current focus of development effort, with one spectacular beachfront home nearing completion in early 2007, and another nine still to be built utilizing several variations of the best plans evolved in the Los Cabos area to take maximum advantage of the blessings nature has lavished upon the location. Each will have its own individually designed pool and landscaping on the ocean side, a garage, and, at the entrance of the house, an enclosed courtyard with outdoor fireplace. Behind the homes, and elevated to assure ocean views, a total of 54 condos will be constructed in three separate buildings. Each unit is designed and will be constructed to maximize the dramatic views of the Sea of Cortez. All homes and condos will feature expansive terraces and outside areas, pocket doors to unify indoor and outdoor spaces, and an extremely high level of quality in construction, finishes, appliances and other details. Common pool and spa areas will occupy the space between the condominium buildings and the homes, and there will be plenty of parking beneath the condo buildings.
Los Cimarrones, which was the first segment to be developed and sold, and already partly built with high quality homes, continues to grow, mature and evolve. In addition to the homes, it will feature one or more combination units featuring shops and places for eating, drinking and browsing on the ground floor, an interior courtyard, and condominiums on the higher floors with views of the project and of the Sea of Cortez. A limited number of residential lots remain available in Los Cimarrones, including one beachfront lot, and the developer is prepared to design and construct high-quality residences on them for the discerning buyer.
As the revision of the master plan solidifies, other neighborhoods will be defined. In the area closes to the Marina the plan will suggest some larger buildings, both hotels and condominiums, a fractional ownership project to appeal to the buyer who expects to be able to spend only a limited amount of time in Loreto, and other appropriate uses. Residential lots will grace the shores of the salt-water lakes and ponds, and a substantial amount of space will be reserved for common areas and equipped for enjoyment by the residents of Costa Loreto and their guests.
