Beach Villas at El Banco
We are back for another look at El Banco, former Yahoo CEO Tim Koogle's luxury community between Puerto Vallarta and Punta de Mita. The first phase of the beach villas at the development recently went on sale. El Banco is located on over 100 acres on the Punta de Mita Peninsula and the Beach Villas are located in the southeast corner of the development. Each custom-designed home has views of the Bay of Banderas and El Banco's long stretch of white-sand beach. The villas have a Spanish Colonial look and each has a minimum of four bedrooms. The property does have some eco-friendly features including using local materials and plants, a planned desalinization facility and a low-density master plan. The homes are listed between $5.5-$8.5 million.