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Owen Perry's Villa Group Begins First Phase of the $600 million Resort Development
in Loreto, Baja Sur, Mexico with the 161 unit Villa del Palmar Loreto
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Project Will Encompass Hotel, Timeshare, Fractional, and Whole Ownership Real Estate

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September 22, 2008 — CABO SAN LUCAS, BCS, MEXICO -- Owen Perry, a partner in the highly successful “Villa Group”, has announced that it has broken ground for Villa del Palmar Loreto; the new 5 star resort is to be built as part of a spectacular 1800 acre resort development in Loreto, Baja Sur, Mexico.  Loreto is located on the east coast of the Baja California Peninsula facing the Sea of Cortez in the largest protected sea park in the world.  With practically no rain and a source of pure water coming from underground springs, Loreto is rapidly becoming one of Mexico’s prime vacation and second home destinations.  It is surrounded by the Sierra La Giganta, one of Baja’s highest and most breathtaking mountain ranges.  
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Villa del Palmar Loreto will feature 161 one-, two-, and three-bedroom villas, all with views of the Sea of Cortez and the five islands. The first phase is slated to open in January 2010, with a complete investment of $60,000,000.00. Each villa will be decorated with elegant furniture and will include a living room, dining room, full kitchen with granite countertops, modern appliances and electronic equipment, and a 10’ wide spacious terrace in each Villa.  The Nature of the area will be the main feature designed into the property, complete with an activity center designed for the calm ocean of the Sea of Cortez, also low level lighting with Fire pits on the beach will provide for a spectacular evening.

According to Owen Perry, the master development eventually is projected to have  2,200 rooms, divided into seven projects, with a variety of real estate products covering the spectrum of affordability and lifestyles.  Included in the overall make-up are timesharing, fractional ownership, whole ownership, restaurants, recreational opportunities and commercial retail operations, including a wellness center.  A high-end hotel to be named shortly is also on the books.   An 18-hole golf course, designed by Rees Jones, will be part of the development, scheduled to start construction in 2010.

Loreto, an hour flight from San Diego and an hour and a half from Los Angeles, is one of five beach resort areas that was slated for development as a tourism destination by Mexico’s national trust for the promotion of tourism (FONATUR) 20 years ago. Loreto has a rich history dating back to the first mission of the California’s in 1697. But it is the beauty, weather and beaches that is making this location the next popular destination of the Baja peninsula.

The property is situated in a secluded bay, where only hotel guests and owners will have access to the 3 miles of the secluded white sandy beach, located just 20 minutes from the international airport of Loreto, Baja Sur, Mexico.

Guests and owners will have access to a wide selection of amenities, including a state of the art 40,000 sq ft spa and gym, activities onsite include various restaurants, bars, convenience stores, full-service water activities center, swimming pools, tennis courts, golf, breath taking hiking trails and horseback riding. The original mission of San Javier is a short 2 hour drive for a unique day trip.

Alaska Airlines has reaffirmed its commitment to Loreto by adding more flights to the destination starting in November.

About The Villa Group

Founded in 1984, The Villa Group is one of Mexico's leading privately owned real estate development companies. Its portfolio features beachfront timeshare resorts, with over 60,000 members, located in Puerto Vallarta, Nuevo Vallarta, and Los Cabos, as well as fractional, full-ownership luxury real estate developments, and hotels.   Another new resort is planned to open in Cancun in 2010.

The first property of the group was Villa del Palmar Puerto Vallarta , a Resort that quickly became a star seller for the destination. The success of that first project encouraged the owners: Fernando González , Owen Perry & Luz María Torres, to expand into Cabo San Lucas where Villa del Palmar Cabo successfully started operations. Now that destination also hosts its sister Resorts, Villa La Estancia Cabo , Luxury High-end Resort and flagship of the corporation, as well as the recently inaugurated Villa del Arco Cabo , a high-end, family oriented property.

The growth of Puerto Vallarta into the Nuevo Vallarta Nayarit area, positively impacted the Board, once again developing properties in this new up-coming section of Vallarta and Villa del Palmar Flamingos , named after the exclusive Resort filled area, was officially inaugurated last DEC05 and in FEB07, we will be opening the new Villa La Estancia Nuevo Vallarta , following the pattern and winning formula of that operation in Cabo San Lucas. 

All Villa Group properties offer several pools or multilevel pools, Jacuzzis, gymnasium, full European SPA, Super Market, Deli, Internet Cafe, Kids' program and fully trained and bilingual staff. All these amenities are common in all Villa Group Resorts, along with the fully equipped kitchenettes, with microwave, blender, coffee maker, tableware & kitchen utensils and full size refrigerator. 

The Villa Group's Food & Beverages division is proud to have the Angus and Kobe Beef certifications in its "La Casona" Steak House at Villa La Estancia Cabo and Bella Vista Restaurant, at Villa del Palmar Flamingos. 

Our staff brings worldwide experience in all divisions, as our executives have joined our group from Spain, Germany, France, Chile, Holland, Italy and México, creating a great synergetic, dynamic and proactive team. 

The Villa del Palmar Cabo San Lucas was recently selected for the Wave Award , which Travel Age West Magazine annually extends, for the most family friendly resort in México Category. Other recognitions are the Golden Apple Award, from Apple Vacations and RCI's Golden Crown Award, among others. 

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Contact:

Georgi Bohrod
619-255-1661

http://www.villagroupresorts.com

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Also See: Joamilka Contreras Appointed General Manager at Villa La Estancia Nuevo Vallarta, Puerto Vallarta, Mexico / January 2008
Alejandro De La Garza Named Corporate Director of Sales and Marketing for Villa Group Resorts / February 2008
Alfredo Rosas Joins the Loreto Bay Company as the General Manager of the 155 room Inn at Loreto Bay, Baja California Sur, Mexico / May 2007
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