Archive for category mexico real estate

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 »

Tags: , , , , , , ,

No Comments

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 »

Tags: , , , , , , , , , , , , , ,

1 Comment

Hot Topics in Mexico Resort Real Estate Market

Hot Topics in Mexico Resort Real Estate Market

Hot Topics in Mexico Resort Real Estate Market

By Matthew Miller

As the Mexico resort real estate market continues to gain popularity among North Americans, one common theme exists; an increasing demand for insightful and relevant information among the entire Mexican resort real estate community, including developers, realtors, owners, resellers and potential buyers.

This is especially true in light of today’s more difficult economic times. Therefore, it seemed worthwhile to highlight the hottest current topics in the industry as discussed at the fourth annual Mexico Resort Development Conference in Carlsbad, California held in December 2008.

This year’s conference was once again well attended among the most knowledgeable industry players, spanning a broad range of function, including debt and equity investors, banking/lending institutions, developers, land planners, designers, architects, consultants, real estate executives and professional service firms, all of who possess significant and direct experience throughout all of Mexico’s resort areas. The 2008 Mexico Resort Development conference focused on the changing global economic landscape and its direct effect on Mexico’s resort developments and buyers. Read the rest of this entry »

Tags: , , , , ,

No Comments