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NORTH BAJA NEW REAL ESTATE DEVELOPMENTS

Real estate values in Baja have experienced significant decreases over the last few years. And there are no indications that the housing market in Baja will be getting better any time soon.

Home prices in Baja have decreased for a variety of reasons. Yes, dramatic decreases in the cost of housing in the U.S. is one of the reasons. But just as important is the unavailabity of financing and title insurance, which have only recently become available in Baja.

For most of Baja's history title insurance underwritten by U.S. title companies was not available. Seeing some pretty huge upside potential, Stewart Title Company jumped into the Baja real estate market with both feet and that has eased the concerns of many U.S. buyers.

The availability of financing has also helped fuel the fire in Baja's real estate market. Each year new companies join the small but growing club of lenders willing to lend a significant portion of the sales price of Baja homes.

Probably the biggest push for Baja real estate came when the Mexican government changed the laws preventing ownership of Mexicna land by foreigners. Now individuals and corportations can buy property in Mexico using a fiedeicomiso, where the owner retains a full equity interest if the title in the buyer's name is held by a Mexican Bank.

As you would expect, most gringos buying in Baja are looking for property along the coast. Beachfront property is still affordable, and property just inland from the coast is even more affordable. A few options:

 

• REAL DEL MAR

  West of Tijuana.
  Web site: www.realdelmar.com.mx.

   

• BAJA MAR

  North of Ensenada.
  Web site: www.bajamar.net.

   

• SANTA BARBARA AT BAJA MAR

  Bajamar.
  Web site: www.grupolagza.com.mx

   

• BAY VIEW GRAND

  Gold Coast.
  Web site: www.bvg.com.mx

   

• ISLA CORONADO ESTATES

  West of Tijuana.
  Web site: www.grupolagza.com.mx.

   

• TERRA SUR BAJA

  Gold Coast.
  Web site: www.terrasurbaja.com

   

• NEW BEACHFRONT HOMES

  North of Ensenada.
  Web site: www.ensenadarealestate.com.

   

• PUERTO SALINA

  La Salina.
  Web site: www.puertosalina.com.

   

• CORAL ROSARITO

  Gold Coast.
  Web site: www.coralrosarito.com

   

• CLUB MARENA

  South of Rosarito Beach.
  Web site: www.clubmarena.com.

   

• DESCANSO HOMES

  Gold Coast.
  Web site: www.descansohomes.com

   

• SAN MARINO

  Gold Coast.
  Web site: www.grupolagza.com.mx.
   

• CAMPO REAL

  Gold Coast.
  Web site: www.grupolagza.com.mx.

   

• TERRENOS

  Gold Coast.
  Web site: www.grupolagza.com.mx.

   

• PLAYA DE ORO

  San Felipe.
  Web site: //mexico-real-estate.us.
   

• TERRAZAS DEL MAR

  Gold Coast.
  Web site: www.grupolagza.com.mx.

   

• MAR DE CALAFIA

  Calafia.
  Web site: www.grupolagza.com.mx

   

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