Capella Pedregal represented the first Private Residence Club developed outside of the USA. The unique form of non-Mexican-national property ownership had to be integrated into a Private Residence Club development model. Also, due to the long-weekend travel pattern to Cabo San Lucas from it’s primary feeder market of Southern California; a creative usage plan and reservations system and a unique residence design was needed that maximized visit potential for owners.
Because of the importance of water sports in the Cabo San Lucas area, Capella Pedregal was the first to introduce a fractional ownership yacht club membership as an add-on opportunity with a fractional real estate purchase. This first ever fractional ownership yacht club required the creation of it’s own unique documents and use plan.
This beach front resort in Cabo San Lucas established itself as Trip Advisor’s #1 resort in the Los Cabos area and as one of the best resorts in Mexico as well as one Conde Nast Traveler’s Top 25 Resorts in the World. An award winning spa, fitness center, three full service restaurants and four swimming pools compliment the extraordinary levels of service offered.
Phase 1 of Capella Pedregal’s Private Residence Club included fifteen expansive three and four bedroom villas. Prices Ranged for this 1/8th share from $350,000 to $550,000 each. For the first time, a fractional ownership is a 60’ Viking Yacht was offered with the purchase of a share. Achieved sell out in 18 months with revenues exceeding $32,000,000.