Real estate in Napa is at a premium but real estate in Mexico's vineyard land is still reasonably priced. The Village at the Vineyard is a joint venture with Liceaga Winery and will be located in the Guadalupe Valley wine country east of Ensenada. The $40 million development will include a 50-acre winery, a 15-acre Tuscan-style village with 75 homes, a 20- to 36-suite boutique hotel, spa, cosmetic surgery center and wedding chapel. When home owners are away, they can rent their homes. Construction is scheduled to begin this fall and should be completed in 18 months. Sales are scheduled to begin July 15.