Cabo Corrientes Real Estate
Cabo Corrientes, as a sub-region of Costalegre, serves as the southernmost point of Banderas Bay and as well as the entrance into Costalegre from the north. It is quite mountainous, covered for the most part with lush tropical forest along a rugged coastline, interspersed with small white-sand beaches, creating a stark contrast to the almost desert-like geography at Punta Mita on the opposite side of the bay. Within the bay, Cabo Corrientes’ shoreline features a few small fishing villages or beach destinations such as Yelapa, Las Ánimas, Quimixto, and Chimo. Its outer shoreline is even more desolate with just a couple of seaside settlements such as Maito, Aquiles Serdan, and Tehuamixtle. There is one inland town, El Tuito, which meets up with the coastal highway that cuts across the point and provides access to Costalgre from Puerto Vallarta. El Tuito is the municipal head of Cabo Corrientes and the oldest population of the municipality, located 40 km (25 miles) south of Puerto Vallarta.
Prior to the downturn in 2008, a large development was scheduled for release here called Costa Corrales. The first parcels were to be mega parcels ready for subdivision, but it was all put on hold shortly thereafter and where it remains today. (this web page also shows some spectacular photos of Cabo Corrientes).
Mayo is a small coastal town with little in the way of real estate tourism development. Tehuamixtle is close by and is even smaller with even less chance of development. As the coast runs south it becomes flatter and more sparse, there are some tracts of land, small ejido lots, that have been bought and sold over the years but nothing has ever been built.
Cabo Corrientes Real Estate Options
There is a little real estate in Cabo Corrientes available at the current time. What is available are mostly ejido properties.