general
1. How large is The Costalegre Residences development and how many homes are included?
The Costalegre Residences spans approximately 21.7 hectares (50 acres) and includes 19 branded residences with four and five bedrooms, along with a 71-key hotel and shared amenities.
2. How long does it take to complete a residence?
After signing the purchase agreement, residences are delivered within 18 to 24 months, depending on the unit type and construction timeline.
3. Are the residences sold furnished?
Furniture is not included in the base price. Buyers can choose between:
- A fully furnished turnkey package curated by Chablé
- A standard furniture package (excluding décor and art)
- An unfurnished option with essential appliances included
4. Can buyers customize their residence?
Yes. During the due diligence phase, buyers can request non-structural modifications and add-ons such as a jacuzzi, fire pit, or grill, subject to approval and at an additional cost.
5. Who is the developer or seller of the residences?
The project is managed through a trust structure by a group of investors, with Tezcalame H3, S.A. de C.V. acting as the legal representative responsible for sales and construction execution.
6. Is The Costalegre Residences a branded development?
Yes, the residences are branded by Chablé, a globally recognized luxury hospitality brand known for award-winning hotels and Michelin-recognized experiences.
7. What benefits do homeowners receive?
Homeowners enjoy preferential access and rates to hotel amenities, including spa, restaurants, wellness experiences, events, and concierge services, subject to availability.
8. Is there a property management?
Yes. Through the HOA and hotel services, owners can access concierge and a-la-carte services.
9. How much are HOA fees at Costalegre Residences?
HOA fees vary depending on the size and proportional ownership of the property. Fees are reviewed annually and may increase based on the Consumer Price Index (CPI).
10. What utilities and infrastructure are available?
The development includes:
- Private well water supply + individual cisterns
- On-site wastewater treatment plant
- Backup power generator for common areas
- Electricity and telecom services via local providers
11. How far is the nearest airport?
The nearest airport is Puerto Vallarta International Airport, located approximately 123 km (76 miles) away, about a 2 hour and 35-minute drive.
real estate
12. Can foreigners own beachfront property in Mexico?
Yes, foreigners can legally acquire beachfront real estate in Mexico through a fideicomiso (bank trust), which grants full ownership rights while complying with Mexican law.
13. What is the Restricted Zone in Mexico?
The Restricted Zone includes land within 50 km of the coastline and 100 km from borders, where foreigners cannot directly own property without a legal structure.
14. Is Costalegre Residences located in the Restricted Zone?
Yes. The development is beachfront and located less than 250 meters from the ocean, making it part of the Restricted Zone.
15. How can foreigners purchase property in Costalegre Residences?
Foreign buyers can acquire property through:
- A fideicomiso (bank trust) for residential use
- A Mexican corporation for commercial purposes
16. What is a fideicomiso in Mexico?
A fideicomiso is a special vehicle trust where a Mexican bank (trustee) holds title to the property, while the buyer (trustor) retains full rights to use, rent, sell, or inherit the property.
17. Who legally owns the property in a fideicomiso?
The bank is the legal title holder, but only as trustee. The buyer is the beneficiary and has full control and ownership rights.
18. What is the role of a Notary Public in Mexico real estate transactions?
A Notary Public is a government-authorized attorney responsible for verifying ownership, ensuring legality, formalizing the transaction, and registering the property deed.
