Litibú a success – but for whom?

Fonatur, the federal government tourism development fund, developers of Litibú in Riviear Nayarit, recently announced that “the project is now fully completed… and has been so successful that it has sold all the hotel parcels.” They follow up by stating “despite the global crisis, three of 10 are developed and have begun construction, the rest according to contract, will begin this year.”
Well, of those three, one stopped construction last summer. One is actually a condo-hotel and the other a condominium project. Both of these last two are real estate projects and still being built out, although slowly, which is understandable, but plans are to be delivering units sometime this year.
The interesting part is that they expect the remaining seven hotel lots to see development start sometime 2010, according to their contract with the owners of the properties. With one hotel sitting at standstill, and demand still low, I really doubt we are going to see development anytime soon. Perhaps Litibú has been successful for Fonatur, but it certainly hasn’t been for those that purchased these lots, especially the Spanish group Fadesa, which purchased the majority of these hotel sites but the went bankrupt shortly thereafter. Who knows what the status of these sales/lots currently is. To really determine how “successful” Litibú has been, it would be interesting to see how much they actually collected in the sale of these hotel sites.

Fonatur, the federal government tourism development fund, developers of Litibú in Riviear Nayarit, recently announced that “the project is now fully completed… and has been so successful that it has sold all the hotel parcels.” They follow up by stating “despite the global crisis, three of 10 are developed and have begun construction, the rest according to contract, will begin this year.”
Well, of those three, one stopped construction last summer. One is actually a condo-hotel and the other a condominium project. Both of these last two are real estate projects and still being built out, although slowly, which is understandable, but plans are to be delivering units sometime this year.
The interesting part is that they expect the remaining seven hotel lots to see development start sometime 2010, according to their contract with the owners of the properties. With one hotel sitting at standstill, and demand still low, I really doubt we are going to see development anytime soon. Perhaps Litibú has been successful for Fonatur, but it certainly hasn’t been for those that purchased these lots, especially the Spanish group Fadesa, which purchased the majority of these hotel sites but the went bankrupt shortly thereafter. Who knows what the status of these sales/lots currently is. To really determine how “successful” Litibú has been, it would be interesting to see how much they actually collected in the sale of these hotel sites.

Advertisements

6 Responses to Litibú a success – but for whom?

  1. … and one more, from the business point of view:
    These ruins in Litibú are destroying value of home and hotel owners in the region, of trademarks like “Punta Mita” , “Four Seasons” and others.
    We wonder why nobody of these entreprenuers shouts out loud.

  2. John, agree with your assessment, which obiously do from the business point of view.

    Unfortunately Litibú is a DOUBLE desaster: A model of a non-sustainable tourist development project of FONATUR. There are many others around. Another one, they are selling off now, is the ESCALERA NAUTICA. We have been monitoring Litibú since it started and invested lots of time and energy. In reality its a “horror story”:
    Desde hace 5 años, en cooperación con Greenpeace, México, monitoreamos este modelo de un desarrollo turístico no-sustentable. El año pasado documentamos la triste realidad del proyecto Centro “Integralmente Planeado”, CIP Nayarit, Polígono Litibú, cerca de Higuera Blanca en la Bahía de Banderas: http://rivieranayaritnuestra.blogspot.com/2009/03/fonatur-en-litibu.html;
    http://www.greenpeace.org/mexico/news/litib-el-fracaso-de-otro-cen
    Desde el año pasado nada ha cambiado. Muchos de los albañiles de Higuera Blanca buscan empleo. En el pueblo, los cuartos para rentar y los restaurantes siguen vacíos. Por falta de capacitación y de un programa de desarrollo económico con incubadora de negocios y fondo de inversión, la población local no podría aprovechar las oportunidades para competir por un empleo de
    calidad o empezar un negocio con futuro.
    Los jóvenes de Higuera Blanca todavía están en espera de la Escuela de Turismo, que prometió el entonces Director General de Fonatur, John McCarthy
    y de su Director Regional, Sergio Tabansky, en 2005.
    Las docenas de anuncios “SE VENDE”, que FONATUR recientemente puso en su terreno a lo largo de casi toda la carretera entre Punta de Mita e Higuera Blanca hablan por si mismos. http://rivieranayaritnuestra.blogspot.com/2009/11/eliminaron-el-cip-nayarit-del-mapa.html
    ALIANZA de la Costa Verde. Una red de asociaciones civiles y personas que promueve el Desarrollo Sustentable en la Bahía de Banderas y Costa Sur de Nayarit. Este grupo crea propuestas constructivas para proyectos de infraestructura, desarrollo urbano y social en el estado, que consideran la conservación de su riqueza natural, cultural y el bienestar de sus comunidades.

  3. Litibú a success – but for who?,

    John, we are not native Englishspeakers, should it read “for WHOM???”

    saludos H&M

  4. marcell says:

    Hola Alianza de la costa verde¡¡¡¡

    sabran que hoteles o desarrollos estan por iniciar o en lista de espera en litibu??.

    agradeceria enormemente su ayuda.

    muchas gracias

    mc

  5. klm says:

    A comment from a home owner in Litibu for past 10+ yrs. Not only is it a failure, it’s semi-construction has ruined what use to be a wonderful secluded baech area. Now almost daily there are people leaving litter, trespassing, break-ins, theft, cars and trucks driving around at all hours. The road built from Punta Mita was a great thing but now is starting to fall into dis-repair. It will be an eyesore for years to come.

  6. CMH says:

    Lets be clear here: the Fonatur development of hotels and condos, which did ruin both the estuary and the beach, is not the REAL Litibu. Litibu is a community of 38 homes, delightfully rural, very peaceful and beautiful. The name of the beach that was developed is actually Malinal, so Fonatur stole the name from our area. If you are seeking a quiet and stunningly beautiful place, there are many lots and just a few homes for sale, in this incredible place, with an undisturbed beach. 8 km from Sayulita, and 6 km from Punta de Mita. The best of both worlds.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: