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A new resort in in the Mexican state of Baja California

The real estate group Fadesa, which is in the process of merging with Martinsa, announced that it may make by far the greatest overseas investment .The company reported that it will lead an investment of 4,000 million Euros to build a resort in the Mexican state of Baja California. The project, called Paradise Loreto, involves the construction of 6,500 homes and luxury hotels that will offer more than 7,000 rooms, four golf courses, large areas of leisure and services. This is an area of beaches and cliffs, which is considered a paradise for diving lovers, fishing and whale sightingLoreto Paradise is a project aimed at customers with high purchasing power, mostly American and Canadian. After some research, I came up with some photos which I believe are from the town to be Loreto Paradise; not sure though :)
  Loreto Paradiseloreto2.jpg
The good news is that searching for Loreto Paradise I found a real estate company advertising the
“Tesoro de Loreto”. They are offering luxury waterfront condominiums .The date set for completion is April 2008 with prices starting from 399,000, so if you were planning to invest in Loreto it is worth taking a look.http://tesororealty.net/

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