Hi. We just got home from San Pedro today, and own a condo at Reef Village. We were the first ones to buy there, and were a little concerned, but it has exceeded our expectations. We are very happy with it, and are also having a villa built in the same project.
Everyone is giving you good information, and it is something that you will have to check out for yourselves. I still feel like RV is the best buy on the island, but of course, I'm a little biased. In any event, no matter where you buy, I'm sure you will love it. You and your wife really do need to investigate every condo you are interested in. Chris at Pelican REalty is a wonderful person, and will do his level best to help you make the best choice.
Good luck..

Live so that when you arise in the A.M, Satan shudders & says..
'Oh sh t..she's awake!'