Construction Nearing Completion At NAOS In The Riviera Baja - 70 Million Dollar Project on Track to Be Completed in March

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Construction at NAOS, a one-of-a-kind Riviera Baja resort at the northern end of Rosarito Beach in Baja California, is nearing completion.

View from one of the units at NAOS Living

View from one of the units at NAOS Living

We are working briskly to stay on track for with our March 2012 deadline - Moises Ison - Central de Arquitectura

Developer Central de Arquitectura of Mexico City began construction on the 20-story oceanfront residential tower last spring and the final finishes are being installed to meet the high demand that is being seen from potential buyers.

“We are working briskly to stay on track for with our March 2012 deadline,” said Moises Ison of Central de Arquitectura. “In the last couple of months, buyers interested in NAOS have really increased as people are looking again at Baja to buy a second home or retirement home.”

According to Max Katz, from Baja Real Estate Group, who oversees the sales and marketing at NAOS, many buyers are looking for a secure, affordable investment opportunity south of the border.

“With the recent drops of the U.S. stock market, people are worried about their conventional investments,” Katz noted. “We have noticed potential buyers wanting to make changes to their investment strategies and buying real estate in Mexico is a very affordable option.”

According to Katz, many Americans have the perception that buying a property in Mexico is a complex and confusing process, when the process is very similar to buying a property in America. Title companies and mortgage companies follow the same practices as the United States.

“Stewart Title oversees title insurance at NAOS and 100 percent of monies deposited by buyers will be held in an escrow account until the resident takes occupancy of the unit,” stated Ison. “Buyers will be pleasantly surprised of the ease at which they can purchase real estate at NAOS.”

Upon completion, NAOS will comprise 394 homes split into three high-rise towers. With more than 28 residential and commercial projects to their name throughout Mexico, including properties in Vera Cruz, Playa del Carmen and Mexico City, Central de Arquitectura is also developing the popular Nima Bay resort community in Puerto Vallarta, where 60 percent of the 145 units are sold and move-ins are currently under way and X of the 28 commercial units are occupied by national brands such as Starbucks Coffee and the fine liquor & delicatessen La Europea.

The desirable location is another aspect attracting buyers to NAOS, says Katz. The nearby Convention and Exhibition Center of Tijuana, Rosarito and Tecate, which is a 200,000-square-foot metropolitan convention center, is also nearing completion. With a planned opening for next year, the convention center will bring a renewed vision for the area.

“There are large amounts of money being invested into tourism in northern Baja and it clearly is becoming one of the most desirable spots in the region,” stated Katz. “NAOS features a high standard of quality and amenities that American’s desire such as 24-hour attended security, a grand formal entrance and lobby area for greeting guests, well-tended gardens and Wi-Fi Internet service, yet the cost of living here is 30 to 40 percent less than a similar setting in the United States.”

One-of-a-kind wellness amenities at NAOS include a European-designed spa with sauna and steam room, yoga and meditation room, state-of-the-art fitness center, walking path, putting green, lap pool, separate children’s pool, all-weather indoor pool, four whirlpool spas, tennis court and volleyball court, all along a four-mile stretch of secluded beach, where one can watch the surfers or dolphins frolicking in the surf, kayak, body surf or play in the sand with grandchildren. In fact, a Beach Club will provide water and sand toys for residents and their guests.

The flow-through floor plans at NAOS will all boast panoramic views of the ocean, in one-, two- and three-bedroom units. Beach and garden houses will also be available as well as sprawling penthouse suites. The Italian-inspired kitchens and spa bathrooms will feature marble flooring, granite countertops, top-of-the-line finishes and fixtures that make for a luxurious feel. Kitchens will boast gourmet-quality stainless steel appliances. Prices start in the low $200,000s for one-bedroom units with a den, on up to $650,000 for a 2,400-square-foot, two-story penthouse.

NAOS also boasts such security measures as assigned resident parking in a controlled-access garage under the residential tower with security surveillance, complimentary valet service, concierge staff services available while in residence and traveling abroad, mail and package receiving with local and international mailing and shipping services as well 24-hour security services.

For more info about NAOS, visit: http://www.naosliving.com.

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Kathy Katz
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