CostaBaja Unveils New Private Residence Club

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La Paz Resort Community Offers New Fractional Ownership Opportunity on the Sea of Cortez

Las Colinas Townhome at CostaBaja

This new option opens up ownership at CostaBaja to a wider range of prospective residents and provides an alternative for those who have a limited amount of time each year to enjoy their vacation home

CostaBaja–a residential, master-planned resort community in La Paz–announced today the launch of The Residence Club at CostaBaja, the first and only new real estate option in the city that offers equity fractional ownership. Owners will enjoy stunning three-bedroom townhomes and exclusive privileges and access to the amenities, services and facilities provided by this master planned community and by CostaBaja Resort and Spa, the first five-star hotel in La Paz. CostaBaja is partnering with DCP International, a leader in the design, sales and marketing of Equity Residence Clubs at more than 30 resorts around the world.

"We’re excited to add The Residence Club to our already extensive real estate offerings,” said Alejandro Yberri, CEO of CostaBaja. “This new option opens up ownership at CostaBaja to a wider range of prospective residents and provides an alternative for those who have a limited amount of time each year to enjoy their vacation home.”

The Residence Club at CostaBaja is located in CostaBaja’s hillside Las Colinas community and features sweeping 360-degree views of the Bay of La Paz, Gary Player Signature Golf Course and Sea of Cortez. Each of the residences comes fully-furnished and are maintained by CostaBaja Resort and Spa management, ensuring worry-free ownership and hassle-free vacations. Owners also enjoy comprehensive CostaBaja Club membership privileges, which provide access to the Beach Club, Gary Player Signature golf course and Espiritu Spa. Owners also have access to a private electric passenger cart, resort shuttle service, clothing and equipment storage, housekeeping, pre-arrival grocery shopping service, bell service, and a Club Concierge.

The Residence Club at CostaBaja offers fractional interests in Three-Bedroom Residences (1,377 square feet plus 678 square feet of outdoor terrace) or Grand Three-Bedroom Residences (1,861 square feet with studio plus 1,485 square feet of outdoor terrace). Introductory prices begin at $97,900.

The Residence Club at CostaBaja is a fractionally owned residential property. Buyers receive an interest in world-class residence without the hassles of full-ownership. Like other forms of real estate, ownership interests can be sold, willed, deeded or placed in a trust. However, unlike conventional real estate, ownership in The Residence Club provides exclusive owner privileges throughout CostaBaja Resort.

“Over the past 20 years we’ve designed and operated Equity Residence Clubs at prestigious resorts in some of the world’s most sought-after destinations, “ said Steve Dering, principal of DCP International. “We believe La Paz is one of Mexico’s great up-and-coming cities and CostaBaja is a tremendous addition to our portfolio.”

La Paz, meaning “City Of Peace,” is a magical city with a colorful history, where missionaries, adventurers and pirates alike once passed through. With an “Old Baja” feel, La Paz takes pride in being an authentic Mexican small town and, at the same time, as the capital of Baja California Sur. It is a vibrant city with many cultural advantages that is statistically shown to be one of the safest cities in all of North America. Located as the Gateway to the Sea of Cortez, which Jacques Cousteau aptly called, “The Aquarium of the World,” La Paz offers an abundance of water activities and some of the best beaches and adventure-tourism in Baja in addition to unparalleled sport fishing, diving and boating.

About CostaBaja:

Situated on 550 acres of environmentally protected coastal lands just minutes from the charming seaside town of La Paz, CostaBaja is a residential, master-planned resort community that offers a variety of exceptional real estate opportunities, state-of-the-art 250-slip marina, the first five-star hotel and spa in La Paz, an 18-hole Gary Player Signature Golf Course, tennis courts and a marina village complete with shopping, galleries and fine dining restaurants. The community offers access to exceptional outdoor activities including swimming, scuba diving, snorkeling, boating, kayaking and fishing. For more information, visit http://www.CostaBaja.com.

About DCP International:

Founded in 1991, DCP International pioneered the residence club concept and serves as a design, structuring, marketing and sales partner with developers, project owners and landlords. The company is the most experienced and most successful company in this specialized segment of the real estate industry with sales revenues in excess of $1 billion. For more information, visit http://www.DCP-International.com.

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Spencer Castillo/Jake Kubie´
Castillo & Ruig Communications
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