Archive for category Calafia Villas

How Americans are Stretching Their Money South of the Border in Baja California Mexico

Americans struggling with the economy are finding relief south of the border. The overall lower cost of living, affordable beach front housing, lower property taxes as well as proximity and accessibility to US services, have made Baja California a preferred choice for relocation among retirees and families alike.

How Americans are Stretching Their Money South of the Border in Baja California, MexicoROSARITO, BAJA CALIFORNIA. MEXICO – Many Americans with reduced and fixed incomes are looking outside of the US for retirement and economic relief in these tough times, finding it just south of the border. Baja California, Mexico is leading the trend to cater to retirees, by offering services that appeal to the growing number of foreign residents. These services include assisted living, property and personal care among others at significantly lower prices than in the US.

US store names like Home Depot, Wal-Mart, Smart and Final, Applebee’s and Ashley Furniture are some of which are becoming more common in strip malls around the area. State of the art medical facilities equal to those on the US have been and are being constructed in order to provide quality medical care services to the growing number of foreign residents, the only difference being the lower cost. Read the rest of this entry »

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Baja Developers Halt Is this a sign of good things to come?

Calafia Condos: One of the developments that never stopped construction

Calafia Condos: One of the developments that never stopped construction

With the collapse of the money markets on both sides of the border, it had become almost impossible –or so it seamed- for Baja developers to finish their projects.

Finding investors or financing for the final completion of their development seemed impossible. The financial situation in the U.S. did not make matters any better. Potential buyers stopped investing in Mexico because of the economy. Current buyers began to doubt the developers’ ability to complete their development. In the last few days –and weeks- however, we have seen a change.

Could it be the end of the bad times for the region? Here are some clues: Read the rest of this entry »

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Sales under way on Tower III at Calafia Condos

Sales under way on Tower III at Calafia Condos

Sales under way on Tower III at Calafia Condos

The first two towers of Calafia Condos Resort and Villas are sold out and sales on the third tower, which is still under construction, are already being booked in advanced.   The second tower sold out in less than a year.  Tower III is currently 20 percent sold.

Mexico’s tropical weather, lifestyle rich in culture, strong currency, tax benefits and property taxes starting as low as $120 a year, added with the minimal cost of living, continue to draw American and Canadian retirees and vacation lovers south, according to Kathy Katz of Prudential California Realty’s Northern Baja Division.

“In addition, Calafia Condos recently gained an advantage over competing builders in the Baja California area by a savvy move made over a year ago,” Katz pointed out.  “Constructora Gor, the builder, purchased a vast amount of steel for its Tower III over a year ago when prices were significantly lower and is now able to pass on these lower prices to the home buyer. Read the rest of this entry »

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