The “Sweet Spot” — Baja
By sheer fortune of geography, the northern end of the Baja Peninsula and the Sea of Cortez occupies a niche where tropical storms may pass to either side of it, but it is very hard for one to make it all the way up the “alley” formed between the Baja Peninsula and Mexico to strike at the California bay. Above is a Historal Map of Hurricane tracks in the Pacific since 1948. You can see while many tropical areas (especially the Caribbean and Gulf areas) are subject to hurricanes, the Northern Baja is indeed a “Sweet Spot”.
Because hurricanes cannot form over a land mass, the northern end of the Baja Peninsula is shielded by Mexico, which acts as a natural storm break. Hurricanes forming east of Mexico in the Atlantic side break in the United States, famously hitting Texas, Louisiana, and Florida. Hurricanes forming in the Pacific go far out to sea. Neither storm track leads it over the main part of Baja. Thus, Northern Baja and especially the Sea of Cortez area occupies the “Sweet Spot” of Mexico.
Northern Baja is a “Sweet Spot” in other ways as well. It is lucky to enjoy a climate which puts it into the class of a tropical paradise. It is convenient to mountain ranges, a crystal-clear bay, scenic deserts, and magnificent forests, all coming together in one location that is only a short drive from the Good Old USA.
Mexico Investment Real Estate
Sun, Sea, Sand, and Palm Trees Always a Great Investment!
Mexico has thousands of miles of pristine coastline, wonderful colonial cities which boast architectural wonders stretching back many hundreds of years, and diverse expatriate communities of Americans and Canadians scattered throughout the country. The Mexican government is encouraging the expansion of tourism and investment in Mexico. Anyone can acquire property in Mexico if some simple rules are understood.
Some Clarifications
Mexicans by birth or naturalization can buy real estate anywhere in Mexico.
Foreigners may purchase real estate directly in their own names throughout the interior of Mexico.
In addition, foreigners may buy property near the border and the coastline in the area referred to as the restricted zone (about 31 miles inland from the ocean and about 62 miles from the borders) as the beneficiary of a bank trust. This is how many Americans own their vacation property in the States now. This ownership of our Mexican property is always insured with USA title insurance though First American Title Corporation.
Mexican Currency
The Mexican Peso has been the strongest currency in the world (yes, in the world) in the past four years. The Peso is now slightly overvalued against many other world currencies. Still capital inflow from North of the border and oil export revenues will keep the currency very stable.
Mexico Real Estate – Prospects
Thousands of people from countries around the world own real estate in many parts of Mexico. It has been estimated that 300,000 to 500,000 Americans and Canadians spend over six months each year in Mexico. Many own Mexican property. As U.S. baby boomers grow older, more and more will be setting their sights on a secure retirement which includes spending part of the year in Mexico. Many will buy a condo, house or villa in one of the many choice beachfront or other interesting locations around the country.
Investing in Baja Real Estate
The desert of Baja California is one of the last unspoiled and little explored places on earth.
You can visit sites of ecological and cultural interest. You may swim, snorkel, or dive in the Sea of Cortez, or get a tan on lonely beaches. You may also visit mysterious cave paintings, or the ruins of ancient gold and silver mines. Visit the first missions on the continent, or simply tour the desert, far away from any civilization. Where the desert meets the sea and the mountains is a magical place. Sun, Sea, Sand, and Palm Trees are always a Great Investment!
The Baja Economy is Growing
- Baja has a lower 10% value added tax compared to 15% mainland.
- Property taxes are still extremely low and stand at about 0.2% per year over commercial value.
- Baja population is growing at 3.8% rate.
For more pennies on the dollar you could own your own ocean front lot and live there for much less than living anywhere else in the United States