Profile

Luma is on the beach in Nuevo Vallarta, near the El Tigre golf club and the Paradise Village sports complex, where residents have membership privileges.

Luma describes itself as "the first American-developed, full-ownership, active adult beachfront community in Mexico."

What does that mouthful mean? For starters, Luma is for people 50 and older -- youngsters (under 50) are only allowed to visit for 90 days a year. Its amenities reflect this positioning: a "lifelong learning center," an on-site clinic for physicals, and a program to help residents get involved in community service work.

The developer runs 13 "active adult" communities in the US. If you like that concept but prefer Mexico to Florida, Luma is surely worth checking out.

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Quick Facts about the Luma

  • $$$
  • Apartments
  • 263

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Factsheet

Factsheet Info
Editor's Pick
no
Red Certification
No
Overview
Price
$$$: Least expensive units start under $1 million.
Resort Type
On Beach
Product Type Available
Apartments
Types of Ownership Available
Full-Ownership
Gated
Yes
Address
Paseo de los Cocoteros 56 Sur
Nearest Airport
PVR
Distance from Airport
20 minutes
Similar or Competitive Developments
Demographics / Nature of Buyers:
Cost
Price Overview
- One-bedroom units: USD 507,000 (1,942 sqft - 2,139 sq ft) - Two-bedroom units: USD 525,000 - 841,000 (2,589 sq ft - 3,133 sq ft) - Three-bedroom units: USD 877,000 - 1,012,000 (3536 sq ft) - Penthouse units: USD 1,667,000 - 1,985,000 (5,271 sqft - 6,105 sqft)
Approximate Price per Square Meter
$2,534 (USD)
Approximate Price per Square Foot
$235.50 (USD)
Approximate Maintenance Fee
$3.35 (USD)
RED Review
Review

Luma is on the beach in Nuevo Vallarta, near the El Tigre golf club and the Paradise Village sports complex, where residents have membership privileges.

Luma describes itself as "the first American-developed, full-ownership, active adult beachfront community in Mexico."

What does that mouthful mean? For starters, Luma is for people 50 and older -- youngsters (under 50) are only allowed to visit for 90 days a year. Its amenities reflect this positioning: a "lifelong learning center," an on-site clinic for physicals, and a program to help residents get involved in community service work.

The developer runs 13 "active adult" communities in the US. If you like that concept but prefer Mexico to Florida, Luma is surely worth checking out.

Pros

- Older residents tend to be around more. Fewer transitory residents can mean more of a community and a better-maintained project overall.
- Pretty, swimmable beach.
- Big swimming pool.
- On-site clinic for check-ups and routine medical consultations with infrastructure to relay you to a better facility if necessary.
- Affiliated with El Tigre golf and sports clubs at Paradise Village.
- Contact with nature, with an aviary and a turtle sanctuary.
- Pet friendly.

Cons

- Anyone under 50 can only visit you for up to 30 days a year.
- Less diverse population than some other places (at least in terms of age).

Onsite Amenities
Amenties
Adult Education,
Beach Club,
Common-area Pools,
Golf (Normal),
Gym,
Library,
Massages,
On-Site Clinic,
Party Room,
Private Pools,
Spa,
Squash,
Tennis,
Other Amenities
Aviary, turtle sanctuary, mini market, badminton courts, art gallery, sundry shop, salt water pool with lap lane
Finishings
Bathroom Materials
Marble and glass
Kitchen Appliances
General Electric
Countertops
Granite
Cabinetry
Solid dark wood cabinetry
Floors
Beige marble
Doors and Windows
hermetic PVC wood looking.
Air Conditioning
Central unit
Construction and Plans
Estimated Total Number of Units Programmed for Lifetime of Project
263
Number of Phases Programmed for Lifetime of Project
3
Which Phase is Currently for Sale
1
Number of Units Available in Current Phase (Including Ones Already Sold)
86
Date Ground Broken for First Phase
December, 2007
Date Ground Broken for Current Phase
October, 2007
Estimated Completion Date for Current Phase
December, 2008
Area
Local Attractions
About the Developer
About the Architect
About the Builder

Virtual Tour