But they are selling to Canadians and Mexicans, with very few Americans. At the recent Vallarta Lifestyles real estate conference Claudio Leone announced that they have been having very good success with their new project Alamar, with pricing starting as low as $250,000 for two bedroom condominiums. Of these 60, half were to Mexican buyers, 25 to Canadian and only five to Americans. Yes, we are fortunate to have a diversified market! Grupo Real del Mar, developers of Alamar, did their homework and identified that there was a demand for product in this price range. And they are probably selling as well or better than any developer around the bay at this time.