Banyan Tree Mayakoba and Magnolia Private Residence Club

Banyan Tree Mayakoba
Upon completion the development will include five resorts and two 18-hole golf courses. The first resort, a Fairmont, opened in May 2006. This Banyan Tree project comprises a 132-room hotel and 50 residences, all in free-standing villas. The one- to three-bedroom residences are sold in whole ownership, and a rental program is planned to be offered. With at least 2,000 square feet indoors and as much as 4,000 square feet of outdoor living space, they feature private infinity pools, whirlpools and terraces. The spa will have an extensive hydrotherapy area, and other amenities will include Saffron, the brand’s Thai restaurant, and a private beach club with another restaurant and a pool. Water taxis provide transportation around Mayakoba, using a system of canals and lagoons, and the development, which is gated, fronts more than a mile of coastline. The drive from the Cancún airport takes about 40 minutes.
www.banyantreemayakoba.com


Magnolia Private Residence Club
On the Panhandle of northwest Florida about 25 miles west of the center of Panama City and just east of the Seaside development, this project offers one-eighth shares of 17 furnished three-bedroom residences. The residences, all 1,775 square feet, are in a single four-story building just across a coastal highway from white-sand beaches. They feature balconies, plasma TVs and Wi-Fi access. Owners will be able to schedule three weeks of use a year in advance, with more time granted depending on availability. There will be a heated swimming pool, a whirlpool, grills and an enclosed owners’ lounge with an honor bar on the rooftop deck. There will also be a game room and bikes for owners to ride on a path along the highway.
www.magnoliaresidenceclub.com

Read the full story at: http://www.nytimes.com/2008/06/13/greathomesanddestinations/13break1.html?_r=1&partner=rssnyt&emc=rss&oref=slogin