Not recommeded for purchase at this time.

La Perla del Mar is the first luxury high-rise condominium project in
Rocky Point’s main shopping and dining district, The Mirador. Previous
developments of this caliber have been located at least 3 miles north
of the city center. Clifton Meridian has partnered with Scottsdale’s OZ
Architects on the $110 million, 254-unit, 15-story condominium project,
which broke ground September 1, 2006.  The condo units, which range
from 764 square foot studios to 3,389 square foot Casitas are available
as whole and fractional ownership with Bank Trust ownership and
secure Title for each.

The condo units will range in price from $230,000 ($79,000 / ¼ Share
Fraction) to $750,000 ($127,000 / 1/8th Share Fraction). The project
features four (4) different studio layouts, three (3) one-bedroom floor
plans, two (2) two-bedroom choices, and the market’s finest and closest
beachfront three-bedroom condos in addition to the tower’s Penthouse
and two (2) free-standing three-bedroom Casitas.

La Perla is currently under a Force Majeuer granted by the governement that allows them to extend the deliver dates indefintely.  Until this is removed and contruction returns we do not recommend buying in this resort.