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Seeking Your Hot Property in Mexico - Baja California Real Estate
Let’s say you’re going to sink some cash into a new piece of land. You don’t know where, but you want a long-term real estate investment. It’s only natural to assess all your options, to weigh the pros and cons of the different possibilities.
In comparison to Baja California real estate in general and you’re thinking about a condo in a city near either of America’s coasts, you probably are looking at paying about $200 or $400 a square foot (or maybe much more, depending on the area.) If you shift your gaze southward to Baja, Mexico, that price drops to about $50 per square foot, with the added benefit of some of the most beautiful beachfront locales that the planet has to offer. In Baja California you can find real estate at $250,000 from start to finish. This real estate plot could one day lie underneath a dream house just a stone’s throw from the United States border in Baja California.
Among the many options is Rosarito Beach, one of the emerging real estate hot spots in northern Baja California. Just 20 miles south of the U.S. border, Rosarito has long been a popular place for California off-roaders and day-trippers. While the United States real estate market has stumbled in recent months, Baja’s has soared, and Rosarito has become a perfect spot for a beach house. Not particularly pricey, it’s cheaper than Tijuana, and much less expensive than California. Thanks to cool ocean breezes, the summers are relatively moderate; on the other hand, the winters, well, let’s just say that for anyone from the Upper Midwest, winter is a figment of the locals’ imagination.
In addition to the agreeable climate and friendly real estate market, Rosarito is a shopper’s paradise. The city overflows with furniture stores, craft shops, and art galleries. Despite its moderate size and relaxed pace, Rosarito visitors can also find fun after hours, if they are looking for it, in spots like Papas and Beer, Iggy’s Pub and el Museo Cantina, which doubles as a museum for tequila. For those whose only goal is recharging the batteries, Rosarito has more than a half dozen specialty clinics, spas, with masseurs and mud baths standing by.
Nearby Ensenada, a longtime favorite for sport fishermen, is another Baja real estate gem. At about half a million residents, it’s ten times larger than Rosarito, but has none of the busy pace you might associate with Tijuana or Mexico City. This year, Mexico will break ground on the construction of a new international airport near Ensenada, which will make the northern peninsula more accessible than ever for out-of-towners.
Further south lies the famous Los Cabos: Cabo San Lucas, San José del Cabo, and a handful of other towns. The glitz and glamour of Acapulco a generation ago are now found in Los Cabos, which takes the prize as Mexico’s luxury destination of choice. Although smaller than Ensenada, Los Cabos is better known, thanks in part to a string of celebrities who have been spotted vacationing there.
Baja? The advantages are endless. History buffs can check out some of the hemisphere’s earliest European settlements. If green-living is your thing, Baja California is one of Mexico’s centers of eco-tourism. For the sea-going, the Pacific Ocean off of Baja is home to a remarkable diverse fish population, although, technically, the sight-seers’ favorite creatures—whales and sea turtles—aren’t even fish. If you’re sea legs have yet to develop, Baja’s got mountains that need scaling and trails that need biking.
The peninsula also offers some of Latin America’s finest golf courses. In the North, three courses can be found in the Rosarito/Ensenada corridor. And Greg Norman is designing a course at Bajamar, located just outside of Ensenada. It is lodged between the ocean on one side and mountains on the other. The spectacular backdrop plays host to, among other challenges, an island green and gusts of Pacific wind.
Further south, Los Cabos has long been famous for its world-class golf courses, with El Dorado and the Nicklaus-designed Cabo Real among the most popular.
Depending on what part of Baja you’re thinking about, the future dream house could be anywhere from a short drive to a somewhat longer-but-still-easy plane ride. For many North Americans, Baja is the easiest destination either to reach. With its trans-peninsula highway it still has scores of unexplored areas, Baja strikes the perfect balance between seclusion and accessibility. It’s no surprise, then, that 60 percent of North American retirees and now many more from Europe, Canada and South America live in Mexico and settle on Baja California real estate for their investments.
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