Encantame Towers, Playa Encanto

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azbeachguy01

Guest
MIRAMAR said:
OK, but if I were creating a high rise condo, it wouldn't be a "landing page"- that was my point. I would have the designs, floor plans, etc. not a phone number to call.
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Typically, a landing page is to attract visitors to establish contact with them and gauge they’re interest. It actually works, I inquired and already received information back. Looking forward to future updates.

Sent from my SM-G935V using Tapatalk
 
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islandguy

Guest
mondone said:
A new member with 3 posts on Encantame. Obviously a guy with a hand somewhere in this nonsense. Why not just come out and stop the charade Iguy.
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Wow, didn’t anticipate getting so much attention for showing a little interest in this Rocky Point social web site, I never knew existed. I’ve been going to RP with family since high school and was fortunate enough to live there later in life. I have been a way for some time and now have interest in going back down; therefore, I’m looking to see what’s available for rent and/or purchase, and after the online viewing of Rocky Point Times, I read about the upcoming project.
 
jerry

jerry

Guest
islandguy said:
Wow, didn’t anticipate getting so much attention for showing a little interest in this Rocky Point social web site, I never knew existed. I’ve been going to RP with family since high school and was fortunate enough to live there later in life. I have been a way for some time and now have interest in going back down; therefore, I’m looking to see what’s available for rent and/or purchase, and after the online viewing of Rocky Point Times, I read about the upcoming project.
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Don't take it personally...we have dealt with stalking horses for real estate hucksters for years.Some of these hucksters have caused real damage to real people.I can give you the number of a widow with 3 children whose loving husband and a big defender of Liberty Cove after the collapse ended up killing himself when the realty of the swindle hit him.
This site was founded after the original forum was purchased by a real estate hustler and the 5 years history of swindles "accidentally" were erased in the transfer....
 
tyler

tyler

I like pie.
Staff member
I was down there this weekend and went into Puerta Privada looking at condos and they mentioned Encantame Towers. They stated it's the same developer as PP but this will be for rental units, unlike PP.

They stated they started taking deposits last week and 50% of the condos were sold for the first building. The prices are attractive, $300k for a 2 bedroom. It looks promising, hopefully they can pull it off.
 
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tndr_cpl

Guest
We were at the Playa Encanto HOA meeting yesterday and here is what was said.. The builder is one of the most reputable in the area and has built here in Puerto Penasco as well as a number of developments in Guadalajara. Phase 1 of the development is fully funded and, although they are taking pre-sales, they money from these is not required to complete phase 1. The project will be completed in 3 phases. Each phase will be a 23 story tower with approx 5 units per floor. Virtually all of the people who have been in Encanto for many years, including the entire board, basically said if someone was going to build here they are glad it is this builder.
 
tyler

tyler

I like pie.
Staff member
tndr_cpl said:
We were at the Playa Encanto HOA meeting yesterday and here is what was said.. The builder is one of the most reputable in the area and has built here in Puerto Penasco as well as a number of developments in Guadalajara. Phase 1 of the development is fully funded and, although they are taking pre-sales, they money from these is not required to complete phase 1. The project will be completed in 3 phases. Each phase will be a 23 story tower with approx 5 units per floor. Virtually all of the people who have been in Encanto for many years, including the entire board, basically said if someone was going to build here they are glad it is this builder.
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Thank you. If you had the money, would you invest into that property? If not, why not?
 
Roberto

Roberto

Guest
--started taking deposits last week and 50% of the condos were sold for the first building.
Ahem.........… a very low probability event. This is a common sales technique here to create some momentum.

'the development is fully funded and, although they are taking pre-sales, they money from these is not required to complete phase 1. The same thing said about the stalled Las Perlas in the Mirador.

Aren't they still selling Privada ??

The issues here is simple and has been discussed numerous times here and elsewhere. The legal system is not kind to investors who take this kind of risk. Often in a development like this here there are multiple parties involved in 'ownership' and often disputes arise among the partners, to the loss of the investors. Look at North Beach nearby.

Th infrastructure required here is gargantuan.

Prices are not that attractive when I cans still buy a really nice 3 bed/bath finished ocean view home in Las Conchas for $200K
 
Landshark

Landshark

Guest
tyler said:
Thank you. If you had the money, would you invest into that property? If not, why not?
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I’m surprised to see you asking this question here and on Facebook. This forum...your forum...has addressed these types of questions in similar situations for many years. It has been said many times on here if they aren’t handing you a key to the front door so you can move your stuff in don’t do it. Encantame may be an exception to the rule, but then again it might become just another failed project where innocent people lose their life savings like so many more before them. The question is, do you feel lucky, very lucky?
 
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islandguy

Guest
tyler said:
Thank you. If you had the money, would you invest into that property? If not, why not?
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I did invest in multiple units without any hesitation, after attending the presentation. Trustworthiness & financially stable developer who has completed 5 resorts.
 
RWong

RWong

Guest
Roberto said:
--started taking deposits last week and 50% of the condos were sold for the first building.
Ahem.........… a very low probability event. This is a common sales technique here to create some momentum.

'the development is fully funded and, although they are taking pre-sales, they money from these is not required to complete phase 1. The same thing said about the stalled Las Perlas in the Mirador.

Aren't they still selling Privada ??

The issues here is simple and has been discussed numerous times here and elsewhere. The legal system is not kind to investors who take this kind of risk. Often in a development like this here there are multiple parties involved in 'ownership' and often disputes arise among the partners, to the loss of the investors. Look at North Beach nearby.

Th infrastructure required here is gargantuan.

Prices are not that attractive when I cans still buy a really nice 3 bed/bath finished ocean view home in Las Conchas for $200K
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Agree, we are new in this forum. My husband and I have always (like many of you ) dream to retire with an ocean view. For us PP is the best bet because is only 4 hours from phoenix. We spend 3 days at las Palmas and love there very much but we walk around. We were so surprised to see Las palomas had this run down , falling a part building not completely finished on the side. I asked the guy and he said that has been like this for many years. They decided to stop construction , will destroy it because they want to build it with a BIG balcony!!!!!!!!!!!!!!!!!!
I would NEVER buy something in Mexico that is not fully complete..just my 2ce4nts
 
Kenny

Kenny

Guest
On Sept 9th Islandguy shows up and his post is sent with this, "Sent from my SM-G935V using Tapatalk" He then disappears and his clone azbeachguy02 shows up and guess what? He too was using the same exact type phone "Sent from my SM-G935V using Tapatalk." Roberto, could Jerry and I go in with you on your two condo deal? Seems like a solid idea to me, Tapatalk told me so. o_O
 
Roberto

Roberto

Guest
OK, if fully funded we should expect a new entry road all the way to the Caborca highway will be completed soon, plus electricity and water. right?? If that happens you will make a believer of me. Not a buyer but a believer.
 
Roberto

Roberto

Guest
Any sign of road construction ? Or any other construction activity? With a lot of presales plus fully funded we should see some activity soon. Tyler is anxious to move in...
 
R

ron

Guest
They graded a road from the road to Playa Encanto to the lot. This was before the flood so I don't know if it is still there.
 
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