a new Montage Hotel in Los Cabos, Mexico

Another oceanfront residential and hotel property is under construction on the sparkling waters of the Sea of Cortez in southern Baja.

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Montage Los Cabos represents the perfect melding of beach, scenic natural beauty and the rich cultural heritage of Cabo San Lucas in Baja California Sur, Mexico. This Los Cabos, Mexico resort will be the heart of the region’s newest community set amidst desert arroyos embraced by the sea.

The beachfront resort is just steps from Santa Maria Bay, considered to be the most swimmable area in the southern Baja. The Los Cabos, Mexico resort will offer the area’s finest accommodations, world-class dining, meeting and spa facilities, and the expert, unobtrusive service that is the Montage hallmark.

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The resort reflects elements of colonial Mexico in its architectural design. Native materials and a palette of natural desert tones blend seamlessly with the environment to complement the striking setting with indoor/outdoor living. Interiors will showcase an impressive collection of local fine and folkloric artwork, passionately created and infused with color.

Gracious tiled terraces, shaded courtyards, balconies and expansive windows will offer stunning views of sea, sky and the surrounding Baja desert landscape. The guestrooms and suites will feature elegant, hacienda-style furnishings and luxurious bathrooms. A central gathering spot, complete with landscaped terraces, is designed for comfortable conversation and relaxation over morning coffee or sunset cocktails.

Multiple dining options will include the resort’s signature fine dining restaurant, as well as casual restaurants for indoor or outdoor dining, and 24-hour in-room dining. Menus will capitalize on the area’s abundant seafood and innovative use of fresh, local accompaniments. A full-service spa with fitness center and rotating schedule of wellness classes will feature an array of sea- and desert-inspired holistic treatments.

Year-round recreational pursuits include legendary sport fishing, superb snorkeling in crescent-shaped Santa Maria Bay, diving, boating, championship golf on a Fred Couples signature golf course, tennis, guided hikes, biking, cultural explorations, wine tasting and culinary classes and demonstrations. Seasonally, enjoy whale watching and the world’s largest marlin tournament.

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In addition to the hotel site, Maravilla Los Cabos is a planned residential community with both custom homes and ocean view condominiums.  Maravilla Los Cabos is intended to be an authentic, resort community that reflects the charming natural beauty of the surrounding area and the rich cultural heritage of Baja California Sur, Mexico.

Sometimes I am hard to catch. If you try me at the following places, you will have a much better chance of finding me:

Kristen Johnson, Realtor
435.659.8041 US & Canada cell               624 122 05 04 Mexico Cell SheSellsCabo@gmail.com

 

Quivira Golf Club Announces Opening Date

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Unfolding along windswept dunes, sheer cliffs and desert foothills, Quivira Golf Club is poised to redefine the Cabo golf experience when it opens officially on October 1. The 7,224-yard, par-72 layout features stunning panoramas and breathtaking drops from tee to fairway, Quivira offers players more oceanfront exposure than any other course in Los Cabos. All 18 holes feature outstanding vistas of the Pacific (and in the winter months, views of breaching whales). The $40 million golf facility at Quivira, more than eight years in the making, commences at sea level near the rolling surf before climbing to a highest point of more than 350 feet elevation, where the views are a match for the challenge. During the round, players can refresh themselves at four comfort stations interspersed throughout the all-inclusive facility. Some points of interest include:

  • The three-quarter mile drive to the fifth hole, which crosses arroyo-spanning bridges and traces a switchback route up the side of a mountain, has already been dubbed the “Greatest Drive in Golf.”
  • At more than 200 feet above sea level, the tee at the short par-4 fifth hole offers splendid views of the beach and crashing waves far below.
  • The par-3 sixth, its concave cliff-top green carved from the base of a massive dune, is unforgettable.
  • The par-4 18th hole, stretching to 469 yards, is a classic links-style creation that plays to an infinity-edge green overlooking the sea.

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Completing the experience at Quivira Golf Club is a stylish, thatched-roof clubhouse between the first tee and 18th green that offers a large rectangular bar, a casual steakhouse, and ample outdoor seating overlooking the sea. Quivira Golf Club is accessible to guests of the four Pueblo Bonito Oceanfront Resorts and Spas in Los Cabos, and to owners of properties within the Quivira community: Copala, Montecristo Estates Luxury Villas, and Novaispania Residences.

Pre Construction incentives going on NOW! Developer financing available. Come take a Hummer tour out to the site today! Appointments booked daily!

 

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Sometimes I am hard to catch. If you try me at the following places, you will have a much better chance of finding me:

Kristen Johnson, Realtor
435.659.8041 US & Canada cell           624 122 05 04 Mexico Cell

SheSellsCabo@gmail.com

How to Dial Toll Free Numbers from Mexico

Dialing toll-free numbers from Mexico typically involves entering a different code for each three-digit prefix, such as 800, 877 or 888. Depending on how you call, such as from a personal cell phone, pay phone or a hotel lobby, you may be charged for placing an international call even though you are dialing a toll-free number. This varies depending on where you travel in Mexico. For international dialing, such as to place a call in the United States to report a lost or stolen credit card, you must enter the 001 prefix before the main number.

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Step 1)   Dial 001, which is the international dial code to call the United States, when you have a dial tone.
Step 2)  Dial 880 if your toll-free number begins with 800.
Dial 881 for an 888 number.
Dial 882 for an 877 number.
Dial 883 for all 866 numbers.
These codes only apply to calls from Mexico.
Step 3) Dial the main seven-digit telephone number normally

Sometimes I am hard to catch.  If you try me at the following places, you will have a much better chance of finding me:

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Kristen Johnson, Realtor
435.659.8041 US & Canada cell     624 122 05 04 Mexico Cell

SheSellsCabo@gmail.com

Copala at Quivira Los Cabos – A Master Planned Ocean and Golf Community

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Copala at Quivira Los Cabos 

Copala at Quivira Los Cabos is the first full ownership real estate at Sunset Beach. The gated community covers over 24 acres on the Pacific coast. The community consists of seven towers of condominiums and 86 homes. The terraced layout for the placement of the residences allows for optimal enjoyment of the expansive golf and ocean views. Phase One is scheduled for completion in 2015/2016. Phase Two and Three will complete in 2016/2017. Copala is located on the 16th fairway of the Jack Nicklaus Signature Quivira golf course – which boasts the most ocean front holes in the entire Los Cabos area.

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The Design

The construction design is influenced by the early California hacienda style with red tile roofs, wrought iron details, stone facings and cantera stone finishes. The updated hacienda style homes and condominiums will come standard with granite countertops, Mexican marble flooring and baseboards, alder doors and millwork, aluminum sliding doors and windows, spacious terraces, and quality appliances. The layouts encourage outdoor living and allow for the enjoyment of the prevailing Pacific Ocean breeze.  The homes offer 5 floor plans of three and four bedroom homes all with roof top decks to take advantage of the wide ocean views.  The condominiums include one, two, and three bedrooms from a garden level to a penthouse level.

Infrastructure & Services 

The infrastructure and services being installed at Copala meet the standards of modern resort and residential communities in Mexico.

Water: Both potable and irrigation water are suppled to Copala by a number of developer owned deep wells and the city’s desalinization plant. Irrigation water is also stored on-site until needed.

Phone, Internet and TV: Phone service is provided by fiber optic cables. Every residence will have what is required to contract telephone & internet services through the provider of choice. The TV locations will have hidden wiring for satellite TV along with a pre-wired network for data and internet.

Electricity: Mexico operates on the same 110-volt 60 cycles as the United States and Canada. The Federal Electric Commission provides service to Copala.

Sewer: To eliminate on-site waste water, a number of water treatment plans will be installed. In keeping with the developers commitment to ecological preservation, no wastewater will be discharged into the ocean. Instead, the treated water will be recycled and used for irrigation on the golf course and landscaping.

Direct Financing 

Ownership at Copala is simple with direct financing being offered by the developer. Buyers are pre-approved with no reporting to U.S. credit agencies, as to not affect your investment ratios in the United States. With 50% paid during the construction period, the remaining amount can be financed for 10 years at 6% with no pre-payment penalties. A great solution for leveraging your investment.

 

Planned Amenities 

The Copala Community Club House will have a complete gym, exercise decks for Yoga, Pilates, and Meditation, pool, steam room, kids playgrounds, Cafe and bike/walking paths.

The Quivira Beach club will be a place for enjoyment of the coastal lifestyle with beach cabanas with flat screen TV’s & audio systems, outdoor grill pavilion for dinner parties, beach fire pits lit nightly, pool, private beach massage services, Kid’s Club, casual dining at Oceanside Bar & Grill, coffee bar with wireless internet and telescopes for star gazing and whale watching.

The Golf Clubhouse will have a Pro-Shop, Grill Restaurant & Bar, and special private areas for golf members. The practice facility will include a driving range, pitching, chipping, as well as a 15,000 sq ft putting area.

Transportation will be provided as a courtesy to owners and guest to travel throughout the resort community. Connections can also be made every hour from 10 am to 10 pm to the downtown resorts to enjoy shopping, restaurants, and beach time.

The Quivira community will also enjoy the Good Life which includes an optional membership to a Yacht Club, Wine Club, Organic Gardens and Vineyards, a Holistic Club, and Art Gallery.  Truly… a treasure of a lifetime!

Maintenance Fees – Monthly 

Homes $295

One Bedroom Condominium $150

Two Bedroom Condominium $190

Three Bedroom Condominium $230

Quivira Master Plan & Beach Club fees are additional $60.00 for homes & condominiums

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Golf Membership 

Residential Annual Individual Membership at Quivira will include access to the golf course, golf carts, and use of practice facilities without additional charges for member.

Residential Annual Family Membership at Quivira will include access to the golf course, golf carts, and use of practice facilities without additional charges for member, spouse of member, and all children under 25 years of age. In addition the parents of the member and spouse have the ability to enjoy the facilities when in residence without additional charge.

In addition members have eligibility to participate in club tournaments, special events, and group instructional clinics.  Food and Beverage is also included at the 3 comfort stations during golf playtime.

There is no initiation fee for the annual membership. Dues for the annual membership program are $ 7,000 for the individual annual membership and $ 10,000 for the family annual membership.

Golf Discounts for Quivira Residents

25% discount for guests playing with owners

25% discount for players staying at Copala or guests of Copala owners staying in any Pueblo Bonito Resort

25% discount at the Club House

Resort Discounts for Quivira Residents 

10% discount on food and beverages at Pueblo Bonito hotels and the Club House Restaurant of Montecristo.

20% Discount in Spa services. Reservations for spa or salon services grant access to the gym and Spa’s wet-areas.

20% Discount from hotel rates published on line for Copala owners and guests.

Use of Hotel Rooms 

During the construction period, Copala owners have use of up to 4 weeks per year, in any of the hotels in the Pueblo Bonito resorts in Cabo San Lucas. Reservations are subject to availability and with payment of the corresponding maintenance fee.

Weekly Rate:

Montecristo 3 Bedroom Villa $2281

Montecristo 4 Bedroom Villa $2851

PB Sunset Beach $860

PB Rosé $871

PB Los Cabos $951

Rental Projections 

Average nightly rental based on comparable vacation rentals in the Los Cabos area as determined by reputable experienced property managers. For estimation purposes, the total rental days was considered at a 10% rental occupancy per year. Rental rate could potentially increase by 25% during holidays (Christmas, New Years, Spring Break).  Each year a potential increase could be expected based on the community becoming more established.

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estimated monthly expenses:

HOA $295+60

Property Taxes $60

Maintenance Yard & Pool $150

Utilities 100-300

 

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estimated monthly expenses:

HOA $150+60 (one bed) $190+60 (two bed) $230 + 60 (three bed)

Property Taxes $40

Utilities 100-250

 

Sometimes I am hard to catch.  If you try me at the following places, you will have a much better chance of finding me:

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Kristen Johnson, Realtor
435.659.8041 US & Canada cell     624 122 05 04 Mexico Cell

SheSellsCabo@gmail.com

Capital Gains Tax in Mexico

Understanding Mexican tax law is an integral part of the real estate purchasing process. What you do today dictates your tax liabilities tomorrow.

The following is an overview of the capital gains tax regulations currently in place for individuals. Note that the information is intended for individuals, not corporations. Over time these regulations may change, therefore it is important to make sure that the process outlined here is still in effect by contacting a Mexican Certified Accountant or Mexican Notario.

CAPITAL GAINS TAX

Capital gains tax law in Mexico states that tax is owed on the profit you receive when you sell your home or property. By law, you have two options when it comes to capital gains and you can use whichever is the better of the two options for you:
1. You pay 28 percent* of the net profit. (There are a variety of deductions included in this option.)
2. You pay 25 percent* of the gross sales amount with no deductions.
Although a 28 percent capital gains tax may seem high, Mexico does have several laws and procedures that will assist you in maximizing your cost basis, thereby reducing your net profit and lowering your capital gains. The key is understanding these laws before you buy, not when you decide to sell.
*Percentages reflect the 2007 Tax Code.

WHY SHOULD YOU TAKE ON THE SELLER’S
CAPITAL GAINS LIABILITY?

The first step in calculating your capital gains is to subtract the value you have recorded in your trust, or Fideicomiso (fee-day-coe-me-so), from the sale price of your property. In the past, some real estate companies have recorded values lower than the actual purchase price in an effort to “save” taxes for their client; they thought they could save money on the two percent acquisition tax. This is a major error. Never record a lower value than what you actually paid for the property. Doing so simply establishes a lower cost basis for the property, which increases your capital gains tax liability.

An oversimplified example is: You wisely purchase a home site (lot) for $1 million, but unwisely record a value of $500,000. In the eyes of Mexican tax law, your cost basis is now $500,000. If you sell the lot for $1.2 million, you see a profit of $200,000. However, according to your recorded cost basis, Mexico sees a profit of $700,000 and your capital gains tax for Mexico will be 28 percent of $700,000 ($196,000) — a difference of $140,000 in profit. Snell Real Estate’s approach to ownership in Mexico, specifically the trust process, has been established to protect you and provide you with the legal means to safeguard your investment. Recording your authentic purchase price with proper documentation is the only way to maximize your potential profits. The bottom line is to always secure your property trust for the true value of your purchase as quickly as possible.

Never allow anyone to convince you to record a lower value than what you have actually paid for your property, or you will assume the Seller’s capital gains tax liability. Recording a lower value today can cost you, should you decide to sell in the coming years. If a Seller can convince a Purchaser to record a lower value, the tax liability is simply passed along, and eventually someone will have to pay. Don’t let anyone tell you, “That’s how we do it here.” Mexico is like everywhere else — the capital gains tax is the responsibility of the Seller.

Simply, a property is not yours until you have the title in your name. Also, if you don’t record the accurate value of your purchase, you’re most likely taking on someone else’s capital gains liability.

Fact: Recording a property’s true value benefits you and establishes your cost basis in the eyes of Mexico.
Fact: The amount you pay for a property has no impact on your yearly property taxes.
Fact: Capital gains taxes you pay in Mexico can be applied to your U.S. taxes.

HOW DO I KNOW IF MY VALUE IS RECORDED CORRECTLY?

A closing officer oversees the creation and completion of your trust. We review the documents with you to make certain everything is in order, and we are present when you sign your trust. You can verify the value yourself by examining your trust and noting the amount written in text, which is indicated in U.S. dollars or Mexican pesos and includes the exchange rate of that day. Simply divide the current exchange rate into the peso amount and make sure the result reflects the actual dollar amount you have paid. If you would like to review an old trust, simply determine the peso rate for the day and year the trust was executed.

Sometimes I am hard to catch.  If you try me at the following places, you will have a much better chance of finding me:

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Kristen Johnson, Realtor
435.659.8041 US & Canada cell     624 122 05 04 Mexico Cell

Jack Nicklaus Design comes to Los Cabos at Quivira

Quivira Los Cabos is redefining luxury in Los Cabos, Mexico. Located on the true Land’s End of the Baja Peninsula with more than three miles of sparkling white beaches, picturesque desert cliffs and panoramic ocean views, the exclusive 1850-acre master-planned resort community of Quivira Los Cabos is a paradise of elegance, serenity and service. A lush landscape of gardens and waterfalls in a spectacular natural setting with two Jack Nicklaus Signature golf courses, private beach clubs, village and community centers, an exclusive clubhouse and an endless array of amenities and services – all come together to create the ultimate destination for residents and guests to live, love and celebrate life.

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Jack Nicklaus Design Quick Facts:

  • Jack Nicklaus has 289 courses open for play worldwide.
  • Nicklaus Design, as a company, has 377 courses open for play.
  • Nicklaus Design has 18 courses open for play in China and 19 courses under development.
  • Nicklaus Design has 84 courses open for play in the Asia Pacific region.
  • Nicklaus Design has opened 168 courses over the last 12 years—an average of 14 courses a year—including a record 27 in 1999.
    • Jack Nicklaus was involved in 120 of those 168 projects
  • Nicklaus Design is represented in 34 countries and 39 U.S. states.
    • Nicklaus Design has 205 courses open for play in the United States, with Red Ledges, a Jack Nicklaus Signature Course in Heber City, Utah, becoming No. 200 when it opened July 3, 2009.
  • Nicklaus Design has 57 courses in some form of development, and has projects signed, under design, or under development in 28 different countries.
  • Nicklaus sons have been involved in 67 courses open for play.
    • Jack Nicklaus II has 31 courses open for play (14 solo designs, 17 co-designs).
    • Steve Nicklaus has 13 courses open for play.
    • Gary Nicklaus has nine courses open for play.
    • Michael Nicklaus has six courses open for play.
    • Bill O’Leary (son-in-law) has eight courses open for play.
  • At least 70 Nicklaus Design courses have been ranked in various national and international Top-100 lists (Golf DigestGOLF Magazine, and Golfweek).
  • Including 2013, no fewer than 100 Nicklaus courses have hosted well over 750 professional tournaments or national amateur championships.

At Quivira, the two Jack Nicklaus Signature Golf Courses were designed to offer the most exciting play in Baja, and will feature more oceanfront holes than any other development in Cabo. The multiple award-winning Pueblo Bonito Pacifica Holistic Retreat and Spa completes the community’s hallmarks. The $1.5 billion investment project is set to launch in late Spring 2014.

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For tours out to see the progress of the golf course, contact me below and I will reserve the Hummer for you and your guests!

Sometimes I am hard to catch.  If you try me at the following places, you will have a much better chance of finding me:

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Kristen Johnson, Realtor
435.659.8041 US & Canada cell     624 122 05 04 Mexico Cell

México’s Independence Day – September 16

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For about 300 years, Mexico was a Spanish colony which was known as The New Spain.  In the early nineteenth century, Mexico, with a little influence from the US and France, began talking about a revolt against Spain. Father Miguel Hidalgo from Dolores, Mexico, was a leader of one of the rallying groups. Hidalgo and his officers were planning a revolt for late fall of 1810. The Spanish people found out about the revolt which led the Spanish Government to order the arrest of Hidalgo and his officers. When Hidalgo found out, he called a meeting at his church. He rang the church bell on the night of September 15, 1810 to call his congregation to mass. Here Father Hidalgo rallied the people to fight. His famous speech which is now known as ‘El Grito de Delores’, saying “Viva Mexico” and “Viva la Independencia!”

Everyone fought together, including the Criollos (wealthy Mexicans of Spanish descent), Mesizos (children born from the marriage of a Spaniard and an Indian), and Indians. Armed with clubs, knives, stone slings, and ancient guns, they fought as they marched to Mexico City. A battle took place in Guanajuato between the Spanish soldiers and Hidalgo’s followers. The army sacked the town, killing the Spaniards. They continued to fight on their way to the capital. When they finally reached Mexico City, the army hesitated before going in to fight and some of them even disserted the army. Before the year was over Father Hidalgo was captured and executed. Some people continued to fight for the cause and Father Hidalgo’s Grito de Delores (Cry of Delores) became the battle cry of the Mexican War of Independence. The people fought for eleven years before they finally won their freedom.

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Today Mexican Independence Day is a major celebration in Mexico and is bigger than Cinco de Mayo.  The celebrating begins on the evening of September 15 where crowds of people gather in the zocalos (town meeting place) of cities, towns, and villages. In Mexico City a huge square is decorated with flags, flowers and lights of red, white, and green. People sell confetti, whistles, horns, paper-machete helmets, and toys in the colors of red, white and green. There is also plenty of feasting, parades, and other civic festivities. When the clock strikes eleven o’clock the crowd gets silent. On the last strike of eleven the president of Mexico steps out on the palace balcony, and rings the historic liberty bell that Father Hidalgo rang to call the people. Then the president gives the ‘El Grito de Delores’. He shouts “Viva Mexico” “Viva la independencia” and the crowd echoes back. People do this at the same time all across Mexico. While the crowd says this they fill the air with confetti, streamers and hoopla. Castillos explode in showers of red, white, and green.

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Happy Birthday, México! 

Sometimes I am hard to catch.  If you try me at the following places, you will have a much better chance of finding me:

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Kristen Johnson, Realtor
435.659.8041 US & Canada cell     624 122 05 04 Mexico Cell