Developer Financing Now Available at Luxurious Kupuri Beach Community in Punta Mita, Mexico

Business Wire, June 22, 2009

Buyers can qualify for three-year financing at zero percent interest

PUNTA MITA, Mexico -- In a move to raise buyer interest, DINE, Mexico’s premier real estate developer, is now offering highly attractive, below market financing rates at the exclusive Kupuri beachfront development in Punta Mita, a gated, 1,500-acre master-planned, second-home resort community.

Kupuri is situated on a secluded, self-contained white sand bay, part of Punta Mita’s nine-and-a-half-mile beachfront, where DINE is offering lots ranging from ¾ acres to 1.5 acres, priced from $2.25 million for secluded hillside locations to $7.2 million for beachfront estate sites. Each home developed will offer owners gated privacy, generous interior and exterior space, highly coveted Pacific Ocean vistas, and access to Kupuri Beach with private beach cabanas.

To date, DINE has sold eight Kupuri lots, including a beachfront property to homebuyer and Mexico City-based architect Alejandro Quintanilla. Quintanilla has designed a five-bedroom, contemporary style estate home with special guest quarters now under construction and slated for completion by fall of 2009.

DINE’s new financing program requires a 30 percent down payment due at closing with no mortgage payment due for three years at zero percent interest. A balloon 70 percent payment balance is due at the end of three years. Additional terms and incentives, for a limited time, include a 15 percent discount off the list price, and a 10 percent discount as long as the home is built within the first three years. In addition, homeowner association fees, property taxes and golf membership dues are waived for three years.

“DINE is offering developer financing at Kupuri – and in our other Punta Mita communities – as an added incentive for buyers who want to invest in this exclusive community but conserve cash in the short term. We fully expect Punta Mita’s prices to rebound quickly once the economy recovers, given flagship brands like St. Regis, Four Seasons and Jack Nicklaus that have invested here.”

The word “Kupuri” originated from the Huichol Indians, who for centuries have inhabited Mexico’s Sierra Madre Mountains and believe that nature and the inner spirit are forever intertwined as a life force known as Kupuri. Future plans for Kupuri include a funicular to transport its residents and guests to a mountaintop sunset bar offering spectacular views.

DINE’s financing program is also available for Punta Mita’s Four Seasons Private Villas. It requires a 25 percent down payment and the 75 percent balance due after 36 months at five percent interest. Punta Mita’s El Encanto community is also offering developer financing on a select inventory of completed residences that require a 30 percent down payment with five percent interest for 36 months. Ayia, a new community of 27 completed, two-bedroom condominiums with an array of amenities, offers zero percent non-qualifying developer financing for a 24-month term with a 30 percent down payment.

A spear-shaped peninsula with nine and a half miles of Pacific Coast shoreline, Punta Mita is surrounded on three sides by white-sand beaches and dramatic coves. DINE has invested over $150 million USD to date in the project’s infrastructure. At full build-out, Punta Mita will have a real estate value of approximately $2 billion. In November 2008, the St. Regis Punta Mita Resort and a second Jack Nicklaus Signature Golf Course opened at Punta Mita.

For more information on Punta Mita, including “Experience the Dream” travel packages for individuals interested in exploring Punta Mita’s ownership options, contact the Punta Mita Properties Real Estate Center toll-free from the U.S. at 888-647-0979 or email info@puntamitaproperties.net. Or, visit www.puntamita.com.

About Punta Mita

Punta Mita is an ultra-luxurious, 1,500-acre resort and residential community situated in the Riviera Nayarit, north of Puerto Vallarta. It lies on a private spear-shaped peninsula surrounded by white sand beaches, Pacific Ocean waters and lush tropical flora. Punta Mita is home to private villas and residences, two Jack Nicklaus Signature Golf Courses, the new St. Regis Punta Mita Resort and the Four Seasons Resort Punta Mita, voted the #1 golf resort in North America and the U.K. by readers of Condé Nast Traveler (2008). The master plan of Punta Mita includes a future proposed Mii amo destination spa and residences, an all-suite La Solana Resort and a variety of luxurious residential offerings and estate lots. www.puntamita.com.

DINE, Mexico’s premier real estate development company, is the owner and developer of Punta Mita. DINE’s real estate portfolio includes commercial, residential and master planned communities throughout Mexico. DINE was founded in 1978 to serve the specific needs of the highest income sectors in Mexico, establishing unprecedented design quality in residential, commercial, leisure and corporate real estate development. www.dine.com.mx