Key Takeaways
- • Litibú Bay Club has achieved $60 million in cumulative sales with 75% of Phase I residences sold, demonstrating strong market demand for luxury coastal residential development in Punta de Mita, Mexico.
- • Phase II launch features 14 Golf Villas overlooking the 18th fairway of Higuera Golf Club, priced between $1.5 million and $3.1 million, with a mix of three-bedroom, four-bedroom, and penthouse units.
- • First residential deliveries are scheduled for winter 2026, positioning the development to transition from presale to occupancy phase and generate revenue realization for GBM Real Estate and Contact Development Company.
- • The 21-acre private coastal enclave commands premium positioning based on scarcity of comparable offerings in the Punta de Mita market, privacy amenities, integrated golf course access, and beachfront location along Litibú Bay.
Summary
Litibú Bay Club has surpassed a critical early-stage milestone, achieving $60 million in aggregate sales with 75% of Phase I residential inventory sold. The development, a 21-acre private coastal enclave located in Punta de Mita, Mexico, is jointly developed by GBM Real Estate and Contact Development Company. This sales velocity signals robust institutional and high-net-worth buyer interest in the project during its initial release phase, suggesting sustained demand in the luxury Mexican coastal residential market.
The project's Phase II launch introduces a limited collection of 14 Golf Villas positioned to capitalize on demonstrated buyer appetite. The new phase consists of a mixed-use residential offering including three-bedroom and four-bedroom units alongside a newly designed penthouse product, with pricing tiers ranging from $1.5 million to $3.1 million. All villas offer fairway views of the 18th hole at Higuera Golf Club, positioning the golf amenity as a core value driver for the second-phase buyer profile.
Kevin Roberts, Managing Partner at Contact Development Company, attributed Phase I's strong sales performance to the scarcity of comparable offerings in the Punta de Mita market segment and the "rare combination of privacy, design integrity, and access to world-class amenities" differentiating Litibú Bay Club from competing luxury residential products. The development's differentiation strategy centers on exclusive beachfront positioning, integrated golf course membership, and curated community design—factors typically commanding price premiums in high-end coastal real estate markets.
Construction advancement toward winter 2026 delivery represents a material near-term catalysts for the development. The transition from presale to initial occupancy phase will validate pre-construction demand signals and generate cash flow realization for developers. With Phase I 75% sold and Phase II in active marketing, the project demonstrates the capacity to sustain absorption rates required for multi-phase development success in the high-end Mexican real estate sector.
The project's Phase II launch introduces a limited collection of 14 Golf Villas positioned to capitalize on demonstrated buyer appetite. The new phase consists of a mixed-use residential offering including three-bedroom and four-bedroom units alongside a newly designed penthouse product, with pricing tiers ranging from $1.5 million to $3.1 million. All villas offer fairway views of the 18th hole at Higuera Golf Club, positioning the golf amenity as a core value driver for the second-phase buyer profile.
Kevin Roberts, Managing Partner at Contact Development Company, attributed Phase I's strong sales performance to the scarcity of comparable offerings in the Punta de Mita market segment and the "rare combination of privacy, design integrity, and access to world-class amenities" differentiating Litibú Bay Club from competing luxury residential products. The development's differentiation strategy centers on exclusive beachfront positioning, integrated golf course membership, and curated community design—factors typically commanding price premiums in high-end coastal real estate markets.
Construction advancement toward winter 2026 delivery represents a material near-term catalysts for the development. The transition from presale to initial occupancy phase will validate pre-construction demand signals and generate cash flow realization for developers. With Phase I 75% sold and Phase II in active marketing, the project demonstrates the capacity to sustain absorption rates required for multi-phase development success in the high-end Mexican real estate sector.
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