Cabo San Lucas, Mexico

As one of the most private residential communities in Los Cabos, Punta Ballena is known for having the most beautiful sense of arrival. Punta Ballena is located just three miles east of Cabo San Lucas and boasts a faraway feel with close proximity to the bustle of town. Views of Land's End and the rugged coastline showcase some of the most dramatic ocean views in Baja.    The centerpiece of this 174-acre community is Esperanza, an Auberge resort and spa that is the perfect complement to this one-of-a-kind community. Punta Ballena also offers more than two miles of walking paths, private tennis courts and a residents' beach club. Upon completion of the master plan, Punta Ballena also will offer a complete golf training facility with a professionally designed driving range, putting course and chipping area and a cultural center, among other amenities.   Las Residencias 106 ---  Casa Diamante Located in the gated community of Punta Ballena, this custom-built 4 bedroom and 4.5 bath home features over 5,000 sq. ft. of air-conditioned space, elegantly-designed domed ceilings and marble floors in the indoor living space. Enjoy the expansive Great room, custom cabinetry and top-of-the-line appliances in the gourmet kitchen and spacious outdoor living on the outdoor terraza that features an infinity-edge heated pool with Jacuzzi, outdoor kitchen and palapa. Las Residencias 106 is truly exquisite.  Listed  $ 4,500,000   Las Residencias 109 ---  Casa Ballena Las Residencias 109 is an extraordinary hacienda style home located in the prestigious development of Punta Ballena in Los Cabos, Mexico. This casual but elegant home offers magnificent blue water views of the Sea of Cortez, master suite, three guest suites, large infinity edge beach entry heated pool and Jacuzzi, outdoor BBQ area and Palapa, fire pits and much more. Exceptional finishes with custom hand crafted, granite floors, granite counter tops, Alder wood custom cabinetry, and professionally appointed kitchen. Is being offered as fully furnished. Listed  $ 3,500,000 Fractional Ownership is also available. Benefits of fractional ownership i True ownership of the property giving the owner the right to give away his time, rent it or pass it on to heirs.             Home ownership in one of the most desirable vacation spots in Central America with a management team taking care of repairs, cleaning and administration of your home.            If your schedule does not permit getting away for extended periods of time, sharing a home with seven other owners makes sense.           No pets or smoking inside the home allows us to keep you house in pristine condition.  Smoking is allowed on the pool deck. Structure/Terms           Each member has a one eighth ownership in the proprerty and is assigned six weeks per year on a published rotating basis.  For example, an owner that has the Thanksgiving week will be rotated to another week during that time period for the next year.           Members may swap weeks with other owners, allow friends and family to use their time slot or rent it to other people. FAQ           How do you own property in Mexico?  Property is owned through a bank-held trust, called a  Fideicomiso  with you and others that you choose as beneficiaries, much like a living trust in the U.S.  Not only is this an excellent estate-planning tool, but it also enables you to rent, bequeath, sell or loan your residence however you choose.             What is the length of this trust?  The initial trust is granted for 50 years with renewable rights in perpetuity.  As a fractional owner of Casa Ballena in Punta Ballena, you become a deeded beneficiary of the trust, and your ownership interst is fully transferable. Pricing ·         Casa Ballena is priced at $450,000 per membership with eight memberships.  Dues are $16,000 per year subject to annual review by the Owner’s Committee.  The dues cover maintenance, cleaning, paying of bills, pool and landscape care, utilities and taxes.   Any special services such as concierge service are at each owner’s expense.            ·         True Las Resdencias 312 --- Casa Neva Two story strategically placed for unobstructed ocean views, approximately 6300 sq. ft., 5 bedrooms, 5 full baths 2 half baths, media room, covered cooking area, palapa bar, infinity edge pool, large deck, ocean view, air conditioned, aux. water tank, back up generator, oversized 2 car garage, beautifully landscaped, completely furnished with many custom pieces.  Construction to be completed in September 2010. Listed $ 3,300,000   www.CasaEnCabo.com

Information contained herein deemed reliable, but not guaranteed. The sale offering is made subject to errors, omissions, change of price, prior sale or withdrawal without notice. XXXXXXXX