Riviera Nayarit just celebrated its 10th anniversary, and it's a noteworthy milestone.
Once home to a number of sleepy seaside villages on nearly 200 miles of pristine coastline, the region is now legendary, dotted with numerous luxury, three-, four- and five-star hotels-with more on the way.
One of the most significant developments is the new One&Only resort, which is scheduled to open later this year in the $1 billion Mandarina development located at Monteon-a town in Compostela, Mexico.
The up-and-coming development will not only be home to a 145-room luxury resort, but the resort company has also built its first branded residences within the complex.
Dubai-based Kerzner International Holdings, Ltd., which owns One&Only Resorts, is offering a total of 55 private homes that make up the first phase of the project.
The properties, which are selling for between $4 million and $12 million, were designed by Arizona-based architect Rick Joy, incorporating the jungle vegetation and natural cliffs of the region according to a report in the Mexico Daily News. One&Only already operates one of the most exclusive properties in Mexico in San Jose del Cabo. The One&Only Palmilla is often recognized for its superior services and accommodations.
The company is also developing another property in Mexico that encompasses One&Only's brand evolution.
Approximately 60 miles south of Puerto Vallarta, the One&Only Nature Resort in Santa Maria de Xala will offer a tented camp experience with 17 luxury suites, each with private pools, on 5 miles of beachfront.
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