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Tag: cost of living in mexico

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.

Boomers Buying Baja Lots

Boomers Buying Baja Lots

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 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.

Browse for Mexico Real Estate, Baja Real Estate, Rosarito Real Estate and Ensenada real estate.

Click here for more Las Gaviotas Real Estate.

When you realize that Mexico Real Estate is your best investment for your retirement with a saving of up to 30-40% on your cost of living, you need to then explore not only what area of Mexico you will live or eventually live.

Living In Mexico

Living In Mexico

You will also need to explore which community fits your lifestyle. Who are your neighbors and what amenities fit you or even your family. After all, when you live in Mexico, friends and family don’t just come for dinner they come for the weekend. You become their Mexico vacation.

Other common questions are: how close are the markets? How accessible is health care? What is the status of the Home Owners Association? Is it well funded? Well run? Reasonable CC&R’S, and of course is it a safe investment.

This is when you realize that you need not only a long time established Broker with years of experience in Mexican Real Estate, but you need a Broker with years of living in the area and that is also part of the community. A good Brokerage will keep their agents trained and updated on the market, different communities and new developments, starting pre-sale or already delivering. A good Brokerage will make sure that every buyer or seller their agents takes on, they will be well represented and informed with the good or bad.

Most of all you need an experienced and knowledgeable Broker when choosing your Brokerage. Kathy & Max Katz have more than 19 years living and doing business in Mexico, they have become the most trusted names in Baja real estate as well as their Agents.

Contact a Baja Real Estate Group Agent today and see the difference yourself. A group of agents that exclusively represent Baja’s best real estate developments, who have inventory to sell in some of the best ocean front communities in the area. If you are currently working with an Agent, this is not intended for solicitation, just information. We gladly work with all Brokers and Agents.

Thinking about a long term Baja rental before you buy? Or just to explore what the Baja lifestyle is like on a long term basis? Contact us about our rent to own listings.

See more Baja real estate for sale and Mexico real estate.