A Small Corner of Mexico Is Experiencing a Rising Tide of Property Investment

PUNTA DE MITA, Mexico — Interest in this small corner of Mexico by one of the world’s richest men has helped attract an influx of wealthy investors.

In 2014, Cascade Investment, the private investment firm of Bill Gates, the Microsoft co-founder, bought 19.5 hectares, or 48 acres, of undeveloped beachfront land and the Four Seasons hotel site in Punta Mita, a gated residential resort on the Riviera Nayarit, 40 minutes north of the town of Puerto Vallarta. The cost was reported to be $200 million.

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