Stalled Developments....


Well Known Member
It might be worthwhile to list those developments that have stalled, or the developers have taken off with the funds(now that doesn't happen in Puerto Penasco!!!) :twisted: :twisted:

Playa Elegante property......doesn't look like anything has been going on for a couple of months
Mirimar property.....also no apparent activity the past month or so....


Don't forget Perla "The Joka" Del Mar. Last weekend they didn't even have a salesman in model.


And of course, let's not forget the NorthBeach fiasco. This includes:

Las Gardenias
Sunset Beach
Playa Azul
Riviera Real
Possibly, Playa Dorado

Also include:
Villa Cortez on Encanto

And the list will be getting longer and longer.

As a wise man once said, a bad investment in the US is far better than a good investment in Mexico.


Well Known Member
Solance Towers on Whale Hill - steel is up and there were a few workers on site

Marbella Condo at Las Conchas - looks like the delivered 2-3 units. 80% of the project is unfinished and there were no workers on site.

Corora Las Conchas - 1st building is done ...tons of workers on site

Terrsso Las Conchas - steel work looks almost done...sales person on site but no workers.

Pointe at Las Conchas - no building, steel building for sales office