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Author Topic:   Boating Baja Mexico
Carman posted 10-16-2006 07:56 PM ET (US)   Profile for Carman   Send Email to Carman  
Anybody out there been boating on Sea of Cortez near Mulege, Santa Rosalia. Thinking of visiting the area Spring 2007. I live in Seattle, WA. Have a dream of buying a place in Mulege or surrounding area and living there during the winter.

Greg

OIA posted 10-23-2006 05:44 PM ET (US)     Profile for OIA  Send Email to OIA     
Greg:

I don't know anything about the area but I have friends who might. I will contact them over the next few days and get back to you.

John Mirassou
Redondo Beach, CA

OIA posted 10-25-2006 05:32 PM ET (US)     Profile for OIA  Send Email to OIA     
Here is a response from a buddy of mine.

John Mirassou

John,
I know the area. It is beautiful. One of the growers I represent is constructing a new marina there. It is part of a government project to construct a chain of marinas on both the mainland and Baja side of the Sea of Cortez enabling boaters to move freely up and down the coasts. The real money is in the real estate and development surrounding the marina projects. Don't expect cheap prices anymore, the market is quite active down there and it isn't all spec business either. Having said that, I think there are great long term investment possibilities to be had. The whole Baja side of the sea is probably the nicest piece of unpopulated oceanfront that I have ever seen. Two high school buddies just bought in La Paz.

John

contender posted 10-29-2006 01:49 AM ET (US)     Profile for contender  Send Email to contender     
You better check twice about owning in Mexico, unless you have a lot of money and do not care if the goverment comes in and repossess your propery, and keep it. Second can you own land in Mexico I though you could only lease it?? I remember reading about a bunch of families from California that built nice homes on the coast in Mexico only to have the goverment come in a repo all the homes. The last time I heard they were fighting them in a Mexican court.. good luck. Cheaper/safer to rent in another country.
blackdog54 posted 10-29-2006 10:35 AM ET (US)     Profile for blackdog54  Send Email to blackdog54     
Hello from San Diego- MOST property arrangements are 99-year, non-transferable leases in Mexico. That said, you are correct, there was a community of mostly retired Americanos in a park in Baja that were booted out by the Government, despite a lot of legal manuevering. Legal what???? Its Mexico.

I have friends that have kept mobile homes near the beaches there for more than 20 years. They sold last year, too much crime/theft.

Good luck.

TsTime posted 10-31-2006 09:37 AM ET (US)     Profile for TsTime  Send Email to TsTime     
I have a long time love for Baja. It is quite romantic to own a place. You mentioned living there in the winter, I say rent. Easy to do, no maintenance and add it up. Let's say you buy a place on the beach for $300K, how many headache free winters you could enjoy at lets say $2K per month.

My two cents from San Diego

placerville posted 11-02-2006 04:03 PM ET (US)     Profile for placerville  Send Email to placerville     
I just got back from a yearly trip to Loreto. It's about an 1.5 hours south of Muluge. I've been going to Loreto for 20+ years and absolutely love it down there. It's a quiet little fishing town that they've been trying to expand for decades with little luck. They're trying to develop a mega community right now with 700K homes but they have a lot of cute little places for under 70K also.

You have to fly to Loreto on your way to Muluge. It's beautiful, peaceful, safe and great fishing (I brought back a cooler full of Dorado fillets). My theory on why it has never taken off is that there isn't that long white sandy beach that most people want.
Matt

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