Icon Vallarta - Oceanfront living in Puerto Vallarta, Mexico
ICON Vallarta, located on the pristine shores of Bahía de Banderas in Puerto Vallarta on Mexico’s Gold Coast, is probably the most exciting off-plan residential property investment opportunity on the Pacific Coast.
This new luxury condominium development will showcase the artistry of one of the most renowned interior designers in the world, Yoo by Philippe Starck. Combined with the architecture of the award-winning firm Arquitectonica, Starck’s influence will ensure that ICON becomes the most stylish and trendy condominium property to date in Mexico.
The first phase of sales completely sold out in three days (over 130 suites), breaking condo sales records for Puerto Vallarta and all of Mexico.
ICON Vallarta is the most unique and irreplaceable new project in Mexico. Buy now in Tower 2 and 3.
9 Reasons to Invest in Icon Vallarta
- 3,5 acres development with 300 m / 1,000 ft of beachfront along Banderas Bay
- Great location: fronting the Pacific Ocean with exclusive beach access and minutes away from historic downtown Vallarta
- Philippe Starck is designing ICON Vallarta. He is without a doubt one of the most well-known and sought-after interior designer in the world.
- Impressive range of facilities including a 122 m / 400 ft. infinity-edge pool, Spa, restaurant
- The seven ocean view villas with private pool decks face the beach and the ocean.
- Extremely affordable with prices for a development of this calibre, considering quality, price and overall concept.
- Furniture packages by Philippe Starck
- A well known and experienced developer
- CNBC International Property Awards 2007
ICON Vallarta sits on a perfectly located beach front lot
Made famous by the Hollywood affair of Elizabeth Taylor and Richard Burton, Puerto Vallarta has evolved from a quaint fishing village into a sophisticated oasis for jetsetters and adventure-seekers alike and is a natural playground for the affluent of Guadalajara and Mexico City in addition to Americans, Canadians, and a consistently growing number of European tourists.
It is a delightful Mexican town with a beautiful “Malecon” and a buzzing downtown. Beaches and views of the surrounding mountains are world-class. Its collection of art galleries and high-end cuisine make it a standout in Mexico.
Icon Vallarta is right on Bahia Banderas offering expansive views to the West of the Pacific Ocean and to the East, the old City of Puerto Vallarta, its famed Malecon and the its fantastic mountain ridges and only 5 minutes away,you have a worldclass marina.
Flights connect Puerto Vallarta with major United States cities, including New York, Atlanta, Los Angeles and Chicago.
Stylish Residences
ICON Vallarta will consist of three 28-story beachfront towers with 1, 2 and 3 bedroom full-ownership apartments, penthouses and in addition seven poolside villas. All units will have ocean views.
Amidst the spectacular surroundings, Icon Vallarta will juxtapose a very modern architectural design with the whimsical, luxurious and magical interiors by YOO. Philippe Starck is without a doubt one of the most well-known and sought-after interior designer in the world.
Everything that you would expect at a top 4-star hotel - except here you’ll own it.
Facilities will be second to none and include:
- Spa with four treatment rooms
- 122m / 400 ft. infinity-edge pool
- Cabanas
- Fine-dining restaurant
- Juice bar
- Gym, appxox. 279m² / 3,000 sq.ft
- Outdoor Temascal steam shower in the garden
- Lavish gardens featuring an exquisite collection of Mexican art sculptures As a reference, Related spent around US$8Million in art for the common areas in ICON South Beach.
Services offered are:
- 24-hour security
- Concierge
- Room service
- Beach service
- 24-hour underground valet parking
- Pet sitting
| UNIT TYPE | SIZE (incl outdoor space) | PRICES FROM: (Tower 2) | |
| Apartments |
|
||
| 1 bedroom | >115m² / 1,237 sq. ft | US$297,000 | |
| 2 bedroom | >141m² / 1,519 sq. ft. | US$500,000 | |
| 2 bedroom apartment + Den | >177m² / 1,903 sq. ft. | US$500,000 | |
| 3 bedroom apartment | >268m² / 2,888 sq. ft. | US$800,000 |
The residences include spacious and airy living rooms with modern glass to ceiling sliding doors opening into outdoor living terraces, stunning views of the ocean and the mountains, Italian designed kitchens with ultra modern stainless steel appliances (microwave, dishwasher, oven, fridge) and sumptuous stone clad bathrooms with spacious closets. Each apartment will also have at least one parking space.
All the apartments will have terraces or balconies and full-length windows.
There will be Philippe Starck furniture packages offered by the developer.
In addtion to the condohotel apartments, please click on the link to visit Signature Residences Worldwide for full information about the Penthouses and Villas at ICON Vallarta.
Purchase Details
Foreign purchasers receive a public deed for the individual condo unit they purchase. Under Mexican law, the property is acquired by a Mexican Bank as Trustee for the Fideicomiso for the benefit of the beneficiary of the trust, therefore, you will have the exclusive right to use, sell, transfer or will your property as you see fit. A Mexican Fideicomiso is not a lease; it is a form of ownership in which real property is transferred into a trust for the benefit of the owner or beneficiary.
More and more US lenders are active in Mexico and the Puerto Vallarta real estate market and ICON Vallarta has a number of the top lenders that they can refer buyers to. Terms and rates are competitive with "second home" rates in the US, and are getting even better as more underwriters come into the market. Loans are now available to Canadian buyers as well.
The developer will have an on-site rental management program, modeled after the Four Seasons in Punta Mita, the highest occupancy Four Seasons in the world (located 45 minutes North of ICON Vallarta). The top performing hotels in ICON Vallarta’s immediate area run 70-80% occupancy year-round.
The service charges/maintenance fees are estimated to US$2.50 per sqm per month.
The property tax is approx. US$500 per annum.
The closing costs are estimated to 3-5%.
The payment schedule is:
- $10,000 due at Reservation
- 10% at Contract Signature followed by staged payments.
Completion is scheduled for late 2009, early 2010
Hot Properties Worldwide is an authorised sales representative of Icon Vallarta.
Hot Properties Worldwide is an authorised sales representative of ICON Vallarta
