Archive for category Palacio Del Mar

Two Baja Real Estate Firms Merge To Become Powerful Force In Northern Baja

ROSARITO, BAJA CALIFORNIA, April 4, 2011 – Baja Real Estate Group, the leading Real Estate brokerage in the Rosarito area, has announced plans to merge with Bajamar Premier Properties, a firm with significant presence in the Ensenada region.

Two Baja Real Estate Firms Merge To Become Powerful Force In Northern Baja

Two Baja Real Estate Firms Merge To Become Powerful Force In Northern Baja

According to Max Katz, owner of Baja Real Estate Group, the new company will be called Baja Real Estate Group but will operate two divisions, Beachside Realty in Rosarito and Baja Premiere Properties in Bajamar and Ensenada. A new office is already planned in the Guadalupe Valley, just north of Ensenada.

Mimi Mills and associates have an outstanding reputation in the area,” said Max Katz, “and her long history throughout northern Baja will contribute greatly to the strength of our new organization.”

Bajamar Premier Properties began within the gated oceanfront golf community of Bajamar, since 2005 guiding American and Canadian expatriates through safe and successful transactions.

“Max and his wife Kathy Katz represent some of the most respected real estate developers in the region and, as we combine our forces, we will be able to serve more new developments and spread our expertise to those who need our services,” said Marianne “Mimi” Mills.

New residential developments currently represented by the Baja Real Estate Group include Calafia Resort and Villas in the area known as Calafia, 10 Miles south of Rosarito; Palacio del Mar in El Descanso, 20 miles south of Rosarito, and Naos, where sales recently began in the northern beach corridor of Rosarito Read the rest of this entry »

Tags: , , , , , , , , ,

No Comments

Baby Boomers Buying In These Locations Now For Their Future

Boomers Buying Baja Lots

Boomers Buying Baja Lots

Since the early days in Baja, US Citizens have been buying residential Beach Front and Ocean View lots , building their dream Beach House, and for an increasing number, their retirement homes. Many of the older and more stable communities in Playas de Rosarito such as Las Gaviotas , Real Del Mar , San Antonio Del Mar and Mission Viejo and Punta Piedra all started out selling lots, most of which had very good building restrictions in place.

These Baja communities have established a reputation as a great place to live or buy a home. Over the last few years, with the increase in demand along the coast, many Americans had given up the idea of building and went with new condo construction. However, once again retirees are looking at their future and they are opting to cash in now for the perfect location and buying a lot while taking advantage of the current pricing advantage here in Baja.

In the 3 to 5 years as the real estate markets return to normal these lucky buyers will already have their future in place at today’s favorable prices. Currently to build a home in Baja would cost on average 45.00 to 70.00 per square foot for quality construction. Timing is typically between six and nine months from start to finish. Octavio Serrano of OCA a well known architect says that while the idea of building can be scary for many Americans, that the over all cost savings far out ways any head aches the client my have. And in the end they all say they would do it all over again. Permitting is much like the US where you first need to obtain an official topographic drawing, a building permit and then finally a completed work report. All of these can be handled by your architect.

Working with a good architect who is not only reputable, but also has Vision beyond what a clients needs are for today is KEY says Kathy Katz, owner of Baja Real Estate Group . Katz says that in many of these communities such as Las Gaviotas which started out offering lots Americans built there dream homes over the years, and when they came up for re-sale she always knew which ones would re sale the fastest strictly due to the architecture styling, she adds that you can change the color of the walls and tile, but the architecture stays with the home for ever. Just recently she has seen an increase in quality Baja lots coming on to the market, where in the past they were either not available, or cost prohibitive.

For example a 2200 sq ft lot in Real Del Mar a Golf Course Community that once sold for 75-80 thousand, is listed today for $43,000. An ocean front 7500 sq ft lot in Punta Piedra a gated community is now available for $450,000, where once prices for the same size lot were approaching 1 million.

Can you imagine having your own lap pool with the waves crashing at you front door says Katz. In this market buyers are not only looking at cost of living and a life style, but they are looking at the values in the market, making this a time to act.

See more Rosarito Real Estate, Ensenada Real Estate, Baja Real Estate and Mexico Real Estate.

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

No Comments

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

Rosarito Real Estate – Two Developments with Construction Well Under Way

Rosarito Real Estate

Rosarito Real Estate

Deciding to invest in a foreign real estate market can be a scary decision when the construction projects is finished and even when they are turn key ready, a lot of uncertainty and doubts arise when it comes to purchasing real estate outside of your home country; this uneasiness only increases when there is partial or no actual construction assuring the investor of their purchase.

Costal Baja has long been a preferred choice of retirement, relocation or vacation for Americans who want the lower cost beach front living experience, and the closeness to the US. This brought a growing number of real estate developers to Northern Baja, and construction of resort communities designed for expatriates were being developed all along the coast.

Since the slowdown of the real estate market in the US, several construction projects in Baja slowed down or completely stopped in the past year; as a result of this some of developers refunded the investment partially or completely, others transferred the property to another development, but still a number of investors were left with out money and property.

With all of these less than reassuring stories you are left with uncertainty and doubt. What then, are you to do if have your heart set in purchasing a home in Baja? Read the rest of this entry »

Tags: , , , , , , , , ,

No Comments