Hot as Jalapeno Properties in Mexico are Baaaacckkk!!!
Baja123.com Father and Son Team Provide Escapeartist Readers with the HOT TIPS South of the Border!
It seems that real estate markets around the world are leaving the US in the dust and Mexico is leading the charge. The smart foreign direct investment is now flowing back in to depressed tourist destinations in anticipation of the discretionary income resurgence that is coming back to life. American liquidity may still be in the dumps but people are buying in Mexico because of the extraordinary value that can be realized. Areas like Rosarito, Guadalupe Valley, Playas de Tijuana and Ensenada are hot because of the commitment by the Mexican Federal government to accelerate the build out of the infrastructure in Baja Norte.
The recent announcement of an investment of $180,000,000 USD to build a marina and an international hotel surrounded by homes and condominiums less than 10 miles south of Rosarito has reinforced the optimism that has surfaced this year. Also, we can see the progress that is being made on the new convention center that is being built just north of Rosarito. These and other projects that are either planned or construction has started has turned the fire on the real estate market in this area.
Though there is a cost associated with coastal living, property is much cheaper in Mexico as is the cost of living. A condo that would set you back $2 million in La Jolla, California costs $200,000 in Rosarito. The temperate weather rarely reaches past 85 degrees. The area has warm, friendly people and it is only a 15-minute drive to Puerto Nuevo, a city world-famous for its delicious lobster. Baja California Norte breaks out into five basic geographical areas from north to south. Each has its own demographic draw.
Playas de Tijuana is the beach area closest in proximity to the border and it is the first beach community going west from Tijuana. It tends to draw those who are still working in San Diego because it isn’t much more of a commute from there than it is from La Jolla, California to downtown San Diego. With a SENTRI pass you can be in San Diego in 40 minutes.
Between Playas and Rosarito is the area that includes Real Del Mar Golf Course and the new convention center. This area draws more retirees and investment buyers. Those who come to Baja to enjoy their second homes in their life after the “nose-to-the-grindstone,” and those who vacation here regularly who also use their second homes as income tend to choose this area. Golf is popular because of the course at Real del Mar and the area has great beaches.
Rosarito, which at its center is the famous Rosarito Beach Hotel, is similar to the others in that many residents use their homes for vacation rental income and second homes for themselves. It is also the fastest growing of the areas. With the new 10 screen Cineplex, Wal-Mart Mall and Home Depot you will feel right at home. Nightlife, beach fun, horses, restaurants and shopping are activities enjoyed by all.
Puerto Nuevo is the area from around The Newport Beach Hotel and Resort south to Plaza del Mar including the older well-established communities of Las Gaviotas, Mission Viejo, Descanso, Palacio and more. It is still investment type property for many, but you find more residents staying at least part of the year. The famous ‘Lobster Village’, dune riding, shopping and art galleries are close by.
Ensenada is the newest area of development interest. Many new developments are being built in this particular area. One of the favorites in this area is Santa Barbara at Bajamar; where you can golf right along the Pacific ocean. Residents here also tend to be full-time. It is just far enough from the border to fully appreciate true Mexican culture and still visit family and friends in the U.S. It is a beautiful port that will be a draw to those who also have a love of boats.
A new area that has become a huge draw is Valle de Guadalupe, an area filled with beautiful vineyards and known as the Ruta de Vino, which will remind you of Napa Valley. Wine tasting and music concerts seem to be a perfect pairing.
Get your health insurance cheap and you can by a beachfront house with the money you will save!
Many Americans and Canadians, particularly baby boomers, are considering making a move to Mexico. They are drawn by the temperate weather, as well as the value. There is great medical care available, the Sanoviv Medical Institute & Health Retreat, located only ten miles from Rosarito, is a perfect example of a high-end, state of the art hospital. For normal medical needs there are medical services available that will meet any budget and a doctor’s visit is so cheap you often do not need to use insurance.
Mexico is positioning itself to be the worldwide leader of medical tourism!
United States insurance companies like Blue Cross and Aetna, are accepted today and Medicare will be here shortly. The acceptance of Medicare in Mexico is one of the most important events since the 1994 signing of NAFTA, and it will have a huge impact on Mexico. On April 17th, Andres Oppenheimer with the Miami herald reported that “Mexico is silently working on proposals aimed at drawing millions of U.S. retirees to this country, which could eventually lead to the most ambitious U.S.-Mexican project since the 1994 North American Free Trade Agreement.” Read more… Five million Americans coming to Mexico.
Why would five million American retirees want to go to Mexico for healthcare… simple;
The healthcare provided in Mexico rivals any leading hospital in the United States and you will only pay a fraction of what you would be charged in the US. I was recently made aware of one of the best hospitals in all of Mexico. It is called Excel. Excel is a perfect example of what you would expect from a 5 star hospital, with highly trained doctors in a “state of the art” facility. Located just 10 minutes from the San Diego border, Excel is a full service facility housed in a 19 floor building that is very unique. For example there are penthouse apartments that are available for family use while their loved one is being treated in the hospital below.
Here is a letter from a nurse that has been working with the chief surgeon for many years.
“Hello. I am an RN and a Perfusionist who has worked in the United States for over 30 years. I also have been working in Tijuana, Mexico providing services for open heart surgery.
I would like the people in the U.S. that cannot afford health care to know that Excel is an accredited hospital with United States Board Certified cardiologists, internists and a cardiac surgeon who was the chief for a big heart program in San Diego, CA for over 25 years. He is a Mexican national and a United States citizen who is United States Board Certified. He built his own hospital in Tijuana, MX and started the first heart program there.
We do over 100 heart procedures a year and are very successful. We work out packages for anyone interested and/or needs cardiac services. We are 10 minutes from San Diego, CA.
Please, is there any way to relay this to the people in the U.S.?
Vera Lopez, Perfusionist”
Baja123 Mexican Real Estate is located in Baja California, Mexico in the town of Rosarito just 17 miles south of the United States/Mexico border at San Diego. One of the top real estate companies in Mexico, Baja123 helps its customers find the best deals and is always on the lookout for the absolute bargains.
Are you looking for a steal without getting arrested…
A recently completed beachfront condo project in Playas de Tijuana called Aqua just finalized their first sale and the happy owner has moved in. He said “I love it here”. A police officer from San Diego was elated with his purchase and he plans to commute to work from his home in Mexico and he is so close to the United States he can see the border from his terrace.
Aqua is one of the top condo developments on the Pacific Ocean and there are less than 30 units available. This is a must see project for the person that wants to be on the beach in Mexico and still be able to work in the United States. With the prices starting in the mid two hundreds, these condos compare to condos in the United States less than 50 miles to the north that would cost 10 times as much or more.
Americans and Canadians love La Jolla!
Less than 5 miles south of Rosarito you will find La Jolla del Mar, a condo and villa development that is a magnet for Americans and Canadians. As you drive by on the main road going south you will see the towers of La Jolla del Mar sitting on the ocean in one of the best locations in the area.
Baja123 has a talented team of professionals led by the owners, David and Kanoa Biondolillo, who are father and son. David Biondolillo was a pioneer in the cell phone industry and CEO of a multi-million dollar company. Kanoa has also headed his own companies. Frankly, this is the kind of experience not found in a smaller company.
David started coming to visit Baja in 1960 and both he and Kanoa have traveled extensively throughout Mexico. They made the permanent move to Baja California in 2005. David has been investing in real estate in California and Nevada since 1972. The pair was working as partners in a Los Angeles real estate business when Kanoa suggested they broaden their horizons. In 2005, the father/son team came to Baja and formed Baja123, a company specializing in completed and pre-construction property in the Baja area.
Baja123 uses high tech to bring Mexico to you!
As many top real estate companies, Baja123 is a high tech company that relies on the internet to advertise more than 4,500 listings on their web site. Baja123 is a forerunner in the Internet-based Real Estate industry in Baja and is the leading real estate site on the Internet for Baja California. By incorporating “state of the art” hardware and software, the company appeals to both buyers and sellers because of the huge amount of traffic that is generated. The web site gets over 2 million page views a year and has 1st page results for 1000’s of Mexico Real Estate search terms in Google, Yahoo and MSN. This position is maintained by a focused effort on the part of the team headed David’s son, Kanoa.
When asked what makes his company different Kanoa says, “No longer will the old style of real estate business practices work in this evolving digital world. Print ads, real estate signs, open houses, knocking on doors and handing out flyers are things of the past. Since the advent of the internet and the ability to search for and find exactly what you want, when you want it, makes all of these old real estate tactics futile. The real estate industry is following right along with the digital age and allowing prospective buyers the ability to search for the property they want and compare prices right from their homes. While the MLS system is still widely used in the states, it has not been introduced everywhere in Mexico yet.
Because the industry is changing, brokers and agents need to change with it. Change is difficult and is not easily introduced to agents and brokers that are used to doing business a certain way for many years. The fact is if you want to stay competitive in the real estate market you need to get online. Getting online is easy but getting online and being effective is an art.”
How do you staff an international real estate company?
Baja123 is a new company for a new age. We hire, train and focus on three main objectives: Ethics, Professionalism and Computer ability. When we look for agents we look for the ability to not only be able to be a Real Estate professional but also their ability to navigate a computer and the internet. Buyers are online and we are an online company.
Baja123 has 9 agents who work directly in the office. They also have “Handshake Agreements” with 250 Realtors not only all over Baja but the whole world. This means that they work cooperatively with other companies who also list and sell property. This is much like the MLS system in the US. This allows them to have access to a large percentage of the listings available in most areas.
Baja123 adheres to the regulations and guidelines of the Real Estate Industry, so they use Notarios and lawyers who specialize in Real Estate Law and who have many years of experience. (Note: “Notarios Publicos” are government appointed officials that are lawyers in charge of the public records and should not be confused with “Notary Publics” found in the U.S.).
Baja123 works primarily with an American title company, First American Title, to facilitate closings. It is a very large and well-respected U.S. title company, now capable of issuing Title Insurance all over Mexico. Mr. Bondillo’s team is diverse and well-versed in this area of Baja California. All of the administrative staff and most of the agents are bilingual and many were born and raised in this area and offer a great deal of local experience and knowledge. The company is comprised of individuals with strong real estate backgrounds, some of whom held real estate licenses in the U.S. and it also has an administrative team whose members’ extensive business backgrounds span decades.
To learn more about how to enjoy a better quality of life in Mexico and find the home of your dreams visit the Baja123 website.