El Capomo is approximately 10 minutes north of Guayabitos, Nayarit, a popular beach city, fast becoming the next American getaway location. 

Lima de Abajo is the Ejido and town within the El Capomo FONATUR development.

(quoted from www.virtualvallarta.com 


(quoted from Banderas Bay news online newspaper) http://www.banderasnews.com

At first glance, Banderas Bay is simply that: one bay. In actuality, it comprises three different municipalities: Cabo Corrientes and Puerto Vallarta in the state of Jalisco, and Bahía de Banderas in the state of Nayarit. Divided by a river and a state boundary, the bay’s overall ongoing development has been hampered by two state governments that have not always seen eye to eye when it comes to all-encompassing policies developed to foster the bay’s continued development. Fonatur’s previous attempt to implement a similar development plan for Banderas Bay in 2001 also involved the three government levels, the private sector, as well as citizen participation. However, ideological differences between both states’ key players have so far prevented the implementation of a successful medium- to long-term development plan. This should hardly be the concern of tourists, eager to book flights and hotel rooms and enjoy the many attractions Costa Vallarta has to offer, who may not even notice the one-hour time zone difference as they cross the Ameca River bridge from one state to the other. Mexican and international developers and long-term investors, on the other hand, have been patiently waiting for recently appointed tri-level leaders to make their political agendas known to the general public. The answer came to Puerto Vallarta last month.

At the request and with the endorsement of Felipe Calderón, newly elected president of Mexico, a meeting chaired by Federal Tourism Secretary Rodolfo Elizondo took place last month at the Grand Velas hotel, bringing together business leaders from all over Banderas Bay, as well as Nayarit Governor Ney Gonzalez and recently elected Jalisco Governor Emilio González. Also attending was Fonatur Director Miguel Gómez Mont, who presented an updated version of the Master Urban Development Plan for Banderas Bay, which is more in tune with the bay’s current needs. The difference between this plan and the one presented in 2001 had less to do with the plan itself and much more to do with the revitalizing commitment that the players above, plus municipal governments, put forth to work together to implement it.

Three Municipalities, Two States — One Plan, One Agency
The Master Urban Development Plan calls for a new agency, whose role will be to identify the long-term goals of the region, establish and prioritize strategic projects, obtain funding through both national and international investment and banking sources, and implement these goals with tri-level support, acting independently of the two states’ governments. The plan focuses on five specific areas:

Potable Water and Treatment Facilities
To meet the needs of our growing population, as well as the region’s agricultural industry, a dozen new treatment plans throughout the bay are being proposed. Additionally, deep water pools will be tapped by means of new wells, which will in turn distribute water through wider pipes, particularly to Litibú, an area that is experiencing exponential growth.

Roads and Transportation
A new beltway surrounding Puerto Vallarta will greatly alleviate vehicular traffic within the city, while a new highway from the city to Jala, Nayarit, will make travel time to points such as Tepic and Guadalajara much shorter.

Nature Conservation
While the northern side of the bay is being developed with major hotel and real estate developments, the municipality of Cabo Corrientes, south of Puerto Vallarta, has been set aside as an area where nature will dictate development. Ecotourism will be strongly promoted here, and new docks will be created along the bay’s South Shore destinations. Areas already considered protected, such as Los Arcos and the Marieta Islands, will be strongly enforced, while beach-cleaning programs throughout the bay will be prioritized.

Urban Development Planning
At the same time, those areas designed for urban development will be clearly outlined and guidelines established, paying particular attention to the conservation and preservation of the “typical” image of some of the smaller towns along the bay.

Tourism Development Projects
Some of the projects presently taking place around Banderas Bay were designed to serve as catalysts for the ongoing development of Costa Vallarta as a sound tourism and real estate investment destination. These projects include expansion of our Maritime Terminal and airport, a new marina and malecón in La Cruz, as well as a convention center in Puerto Vallarta. Additional developments, such as those taking place in Litibú and El Capomo, the promotion of our destination for conventions and expositions, and the revitalizing of Puerto Vallarta’s El Centro, will further strengthen Costa Vallarta as Mexico’s premier destination.

In short:
• The Master Urban Development Plan for Banderas Bay was delivered personally by Federal Tourism Secretary Rodolfo Elizondo.
• President Felipe Calderón has specifically stated that he wants particular attention devoted to the continued and prosperous development of the state of Nayarit.
• The overall federal tourism budget was increased by 40% by the current administration — Nayarit’s own was tripled.
• Nayarit Governor Ney González, who also chairs the National Governors Conference’s Tourism Commission, has asked recently elected Jalisco Governor Emilio Gonzalez to co-chair the commission. Gonzalez has agreed, confirming a renewed alliance between the states.
• A plan to develop an agency that will autonomously oversee the continued development of the bay within the context of its three municipalities, regardless of state or partisan boundaries, has received enthusiastic support from all involved.
• With the completion of the new marina in La Cruz, our destination will have more boat slips than any other destination in Mexico.
• Two convention centers are presently being developed, strengthening the region’s position as a sound business and cultural destination.
• Airport and road expansion will allow for more fluid movement in, out and through the bay.
• Employment opportunities and overall prosperity for the region will result.

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http://www.bestsyndication.com/?q=112107_currency_exchange_rates.htm

That being said, there are now many fortunate Canadians holding valuable real estate in Canada and strong Canadian dollars. It´s therefore time for those rich Canadians to start shopping for their winter retirement destinations! What better place to shop than in Puerto Vallarta, Mexico, where three or four years ago the Canadian dollar would buy 7 pesos, whereas today, it´ll buy close to 11 pesos?

Of the nearly 50,000 North Americans in Vallarta, we estimate that 30-40% of them are Canadians. This percentage will surely increase as the Canadian dollar strengthens and the US real estate prices and the US dollar weaken. Just imagine, summers in Canada and winters in Vallarta; retirement just doesn´t get much better than that! The head of the Puerto Vallarta Chamber of Commerce has recently estimated that the greater Vallarta population will reach 600,000 residents by 2015, and therefore, if it were located in Canada, would rank among the top ten largest Canadian cities! By 2015, there will probably be about 100,000 North Americans in Vallarta, half being Canadians. Just imagine, more Canadians living in Puerto Vallarta, Mexico than in Brandon, Manitoba or Prince Albert, Saskatchewan!

There are over 100 condo complexes currently under various stages of construction in the greater Vallarta area with more than 7,000 units recently placed on the market. During the next decade, Fonatur, the Mexican tourism agency, has forecasted at least 20,000 additional units to be built along the Riviera Nayarit, 40 minutes north of the Puerto Vallarta airport. This doesn´t even include the incredible expansion plans for the land south of Vallarta which is slowly but surely being converted to privatized land, available to foreigners. There is certainly no housing slump along the Mexican Riviera, no real estate recession in the foreseeable future, and an infrastructure that´s improving daily.

In summarizing, now, is the perfect time for all of you loonie laden Canadians to head south this winter and check out the wonderful opportunities that await you in sunny Puerto Vallarta. You'll be amazed to learn how easily you can afford to live in luxury while enjoying your favorite pastime activities with fellow retirees in Paradise.

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http://www.bestsyndication.com/?q=112107_currency_exchange_rates.htm

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Mexico
plans to invest $90 million in cultural tourism, say sources in the Ministry of Tourism, to attract more high-end tourists. Cultural tourism, which includes visits to archaeological sites, museums, historical cities, cultural events and the like, currently brings in $5 million annually in Mexico.

The funds will be used in more than 180 projects to develop and improve tourist infrastructure throughout Mexico. Projects will include restoration of historic city centers, installation of lighting for archaeological sites, museums, and relaying of telephone cables and other unsightly wires underground to improve the appearance of historic sites.

The Ministry of Tourism is signing agreements with the Council on Culture and the Arts (Consejo Nacional para la Cultura y las Artes, or CONALCULTA), the National Institute of Anthropology and History (Instituto Nacional de Antropología e Historia, or INAH), and the Association of World Heritage Cities (Asociación de Ciudades Patrimonio de la Humanidad) to promote cultural tourism to these sites.

Cultural tourism is widely thought to generate more revenue than mass tourism to beaches and resorts like Cancún. It is also considered less destructive to the environment.

Our country counts on a vast cultural heritage that includes 26 sites classified as World Heritage, and that recently was increased to 27 by the designation of the National Autonomous University of Mexico,” said Minister of Tourism Rodolfo Elizondo in a press conference.

Mexico receives more “cultural tourists” than any other country in Latin America, and is in seventh place worldwide, according to Elizondo.