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A Little Background on La Paz
Los Cabos isn’t the only place stirring a buzz in the Baja
anymore. La Paz, Mexico has been around since the mid 16th century, but it
has remained a quiet secret amongst people “in the know”. The word is
trickling out little by little as people keep falling in love with the
city’s white sandy beaches and relaxing atmosphere. The coastal city, tucked
in a protected nook on a bay in the Sea of Cortez, is buzzing with activity.
At over 470 years old and with a population topping 250,000 people, the city
has quite a history in Baja. But don’t think La Paz is still stuck in the
1600´s. La Paz offers all the services and amenities of a modern city, from
an international airport to movie theaters; minus all the headaches of a big
city. The flashy lights and endless bars of Los Cabos have seemed to drown
out La Paz’s grandeur. But not anymore. People are flocking to the city in
droves in search of a quieter pace of life in a tropical paradise.
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The rentals market in the Baja is also booming. Tourists,
especially those traveling with their families, have been realizing the
benefits of renting a home instead of paying the sometimes astronomical
prices of hotels and resorts. The privacy of a rental home, such as those in
the gated communities throughout the southern tip of Baja, can offer a
secure retreat to those looking for a vacation and not a circus. Why share a
pool with strangers when you can dip into your own private one for the same
cost? And if the convenience of maid services and restaurant facilities is
the deterrent to renting, remember that most rental companies offer these
services for nominal fees. A myriad of quality property management companies
are also available to take care of properties and to help renters with
anything they might need.
All the commotion and hoopla in Los Cabos has kept the developers busy and
concentrated on only the southern most tip of the Baja. Now, the savvy have
realized that the virtually untapped market of La Paz is ripe for the
picking and are coming in with multi-million dollar developments to cater to
the recent influx of La Paz
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Considered one of Mexico’s most adamant eco-tourist destinations, La Paz has
an abundant variety of knowledgeable tours and guides to show you all the
wonders of Baja California. La Paz is also a sport fishing hotspot where you
can find everything from marlin to sailfish and is considered one of the
best venues in the world.
 La Paz has played an important role in the development of Southern Baja,
Mexico. It is the main port to where all goods come into the peninsula. It
was also where the Los Cabos residents had to travel to only 15 years ago to
get their weekly food rations. La Paz is the second fastest growing city in
Mexico behind Tijuana, and through its tremendous growth it has managed to
maintain its colloquial charm. People are leaving the noise and confusion of
Los Cabos behind to move to the quiet city on the sea,
La Paz Real Estate
Imagine having had the opportunity to buy beachfront
property in southern California only a few decades ago. Now imagine you can.
La Paz is one of the few areas left in the southern Baja that has beachfront
properties at somewhat affordable prices. Prices for ½ acre beachfront lots
in the Los Cabos areas have been going for as much as three to four million!
And sadly, they are almost completely gone. They’ve been swallowed up by the
multitude of developers that have swarmed the area. Luckily enough, multiple
acre sites can still be found in La Paz, but they are becoming fewer and
farther between. Developers who have been running out of inventory have
turned to the relaxing ambiance of La Paz for their newest projects. The
time is now, don’t miss this opportunity!
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lovers. Three new developments are in the works, each of
which will be situated in proximity to downtown La Paz and the waterfront.
The first of these developments is Pedregal de la Paz by the Diaz Riveras
family. In the success of their Pedregal development in Cabo San Lucas,
which was started nearly 30 years ago, they have decided to bring their real
estate knowledge and expertise to La Paz. Pedregal is an upscale gated
community with individuality and charm.
Perched upon a mountain side and with immediate views of La Paz and the Sea
of Cortez is the site for the future of Pedregal. Cobblestone roads have
been carved out and utilities have been established for future residents and
lots are being are now in the infant stages of being sold. A private marina,
dining program, and a concierge service are also being planned to better
meet the need of residents.
A short distance north of Pedregal de la Paz is Marina CostaBaja. The development is in its first phases and will include a marina,
hotel, beach villas and condos, marina condos, and shops and restaurants.
Across the water from the La Paz malecón, or boardwalk, is the site of
Paraiso del Mar, a golf course community with condos and homes for sale.
Visitors arrive by water taxi from the mainland to find this
nature-conscious community on the water. Paraiso del Mar offers five miles
of beach and an Arthur Hill golf course along with homes starting in the low
$200’s. Reservations are now being accepted. Other large scale communities
are being planned for La Paz including two with golf courses.
What’s Next?
La Paz is a market that is taking off. Business and developments
are in beginning phases all over the city and from the looks of it isn’t
slowing down. Too many people have become smitten with La Paz’s way of life.
The old saying of “buy now” is really the only way to describe the current
state of the La Paz real estate market. The prices aren’t going down, the
inventory is not sticking around, and the money is being made by people
other than yourself. People who have once discovered La Paz have been
uncovered, their secret has been unveiled, and if history serves itself, the
city will remain peaceful and charming well into the future.
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