The shared property vision

The town of Abreojos has a few small tiendas with limited supplies, and no comfortable restaurants or hotels for visitors to relax. This provides an excellent opportunity for the development of a high quality hotel and restaurant.

Currently, Punta Abreojos is a place where surfers and fisherman journey to enjoy all the the Pacific Ocean has to offer. They can make the trip via a 14 hour car ride or in a small private plane. However, because there are currently no comfortable restaurants, bars or hotels in the small town, it makes the trip an investment and planning. Several people have built higher end homes and small camp type structures. For those that do not have $300-400k and a lot of time to build a home, we believe a shared investment would accomodate.

The Vision of our Abreojos project is to build a multi-partnered property. The idea is to get 10-20 investors to build a vacation property that is managed and maintained professionally and rented to generate income for the owners when not being used. We would also make an effort to help rent and maintain the properties of other rental owners in the area.

The building would be 3 suite type rooms (2 downstairs and 1 upstairs, with higher end decor and quality bathrooms. Each room would have it's own entrance to an enclosed courtyard so that multiple owners could use it at the same time should they wish. The front of the property will be a large open kitchen, with dining and lounge/library area complete with wireless Internet and business center. The whole property would be run on solar/battery system with backup generator. We will explore the feasibility of a water reverse osmosis generator to provide fresh water. Otherwise, we will get water from the water plant in town.

Each owner would have a small storage area to store personal belongings. The partnership would also manage group kayaks, surfboards, a 4x4 for launching boats (and for use by those that fly in), a wood/maintenance shop, and a pair of 22 ft. pangas/skiffs for fishing.

The 2nd floor kitchen would have high end appliances complete with propane fridges, solar freezers, an indoor grill, and all the necessary herbs, spices, and cooking items to really prepare a baja catch the way it is supposed to be. In other words, the only thing missing from the kitchen would be the chef. The front would have indoor dining, and a front sun deck on the 2nd floor. The freezers would enable users to freeze the fish they catch for the return journey.

There is an airstrip 500yards from the property catering to those that fly private aircraft.

We would make a deal with the fishing cooperative to supply seafood (lobster season starts in October) should a guest or owner feel like ordering some prior to arrival. The cooperative also has shrimp, scallops, oysters, halibut, grouper, sea bass, and abalone for purchase depending on availability.

Owners/renters would also have cleaning service, local cooks, and fishing guides available.

There would be a maintenance crew on site to make sure everything ran smoothly when the building is in use..

Please contact us if you are interested in becoming a partner. We do not have a formal partnership agreement or pricing as of yet. We are estimating the building costs and equipment purchasing to cost each owner $25-30k. This would require a $10k deposit into escrow until we had enough owners to move forward. Then we would have 2-3 lump sum payments as the project progressed over 2 years. Currently, we have a temporary kitchen, solar freezer, propane refrigerator, stove and grill, we have a bathroom and shower, and a nice 06' air conditioned solar trailer(with popout) that sleeps 6 comfortable, (sleeps 8 with pullout couch), that would be available for potential investors to visit.

This is not a timeshare, and we expect to have a good group of investors that like to socialize, fish, surf, eat, talk to locals, and help out with solutions to baja type problems.

Using the property will pretty much run like a fantasy football draft with each person getting a choice based on rotating positions. The "draft" would happen 1-2 times a year. There would be a nominal usage fee for each use for maintenance, upkeep, and investment. This would probably be $20-30 per room per day. The details on the boat use is yet to be determined. If rooms are empty, they would be available for rental ($120 per night), or for owner/friend reservations at the reduced rate. The rental and use fees would be pooled to pay for expenses and management. If there is any money left over, the group would decide as a group what to do with the extra funds. Should the year end be short, the owners would be expected to contribute the appropriate share of deficit.

Should the tourism market change to support more rentals, the project could be expanded to build more suites, and possibly a full time staff to accommodate. The kitchen could easily be used for a restaurant should the owners decide to convert for that purpose.