Real estate in the United States has become more attractive due to the recent fall in prices. Why is real estate in Baja California still a good option for investors? One major reason to invest in real estate in Baja is because many ocean front, ocean access, and ocean view properties have come down in price significantly compared to stateside ocean front, ocean view, or ocean access properties. This is a buying opportunity for those interested in coastal living. An interesting point is that many Baja coastal homes in the resale market have either been paid for in full or have very little debt outstanding against them. So even though you can now buy coastal homes in Baja at recently adjusted and attractive prices, your purchase will not be surrounded by homes that have been foreclosed on.

Within the Baja region, are there any areas that you specifically recommend because of its potential for growth?
We recommend ocean front, and ocean view homes in the best communities. I know there is nothing surprising in that statement, but finding the best communities and homes is part of the formula to experience quicker and more solid upside in your investment once the economy strengthens. We believe that growth will continue along the ocean front regions with a focus in Baja California Sur. Why?? Being affected heavily by the problems of corruption and bad publicity Baja California, known as Baja (norte) became less attractive for potencial customers this problems have absolute no impact on Baja California Sur! Living economically, in coastal communities is a style of living that will continue to fuel growth as more people are working remotely, and more retirees stretch their dollars.

What do we see for the future of real estate in the Baja California region?As of the time of this writing, we see great values being had by buyers over the next two years in Baja beach communities. We see more people coming down to live who can work remotely and entrepreneurs offering diverse services to the large and growing expatriate communities.

…isn’t that the slogan they announce when the olympic games open for competition?? Well, here in La Paz the games also started this morning. 60 some happy sportfishing teams left early for the first day of the La Paz Goldcup Black and Blue Marlin sport fishing tournament to compete.

Friday October 3rd 2008
Day one of the 2nd Annual Gold Cup fishing tournament started early this morning.
Pictured below is Team Baja Quest, sponsored by Newtek Construction Solutions, Baja Quest Developments and KIZA Marketing and Sales, aboard Sea Quest II. Anglers from Left to Right.
Michael Reye, Bill Woodhouse, Les Zwaryck, Captain Martin, Dr.Gaxiola, and Captain Fransico. This international team of Anglers from Mexico, Canada and the United States is one of the 60 plus registered teams, mostly from La Paz, that are participating in this Charity tournament for DIF, the Mexican agency for underprivileged children.

This is a two day tournament, we will be posting more news tomorrow morning, on the results of Day 1. Stay tuned!

Preparations were under way to day for our upcoming fishing tournament, the 2nd annual Gold Cup.
Today was a check and re check day. Pictured is the Sea Quest, the vessel used by Team Baja Quest, sponsored by Newtek Construction Solutions, KIZA Associates and Baja Quest Development.
Rods were checked and rechecked, knots, lures, connectors, hooks, boat equipment…the list is too long. If you have ever been involved with a fishing tournament, or even been around one, you soon come to realize that preparation is the key. Much like racing in Baja, fishing in Baja has its own set of unique challenges.

Charts were consulted, water temperatures, weather predictions, satellite photos, radios, video equipment, historical data. Advise was given, opinions, details, details details. This is a great tournament. It is designed for everyone to be able to be involved. It is designed so that everyone will win something. Raffles, giveaways, auctions, family fun, lots of fun for the kids. This tournament is about community. Friends in good natured friendly competition. More news in a few days!

The view the either a image or the slideshow click the thumbnail pictures – images by Rory King, Kiza Associates

The financial news this week was unsettling. What is the opportunity to be derived from this news?
Often investors look at buying heavily discounted distressed properties in this market. The other opportunity is to buy discounted properties that are not distressed, just undervalued for the place and time. We have talked about the Value of Raw Land in La Paz, especially those properties with beach, or ocean views, and commented that the prices were very attractive compared to similiar properties in other parts of Mexico.

Investing in La Paz…now…simply means that you will make money going into the deal as well as when you sell. Many are looking at Land Banking in La Paz, where there is incredible future value, as a better investment opportunity than buying heavily discounted distressed properties in the U.S.. Development of Ocean view and beach concepts near existing developments offering golf and other amenities seems to be a sound investment. The evidence is in the facts. Properties here in La Paz are selling! Yes there is a slow down, yes people are cautious, doing lots of due diligence, but they are still buying. Our market is international and National. Much of the investment that we see comes from the mainland of Mexico, from Mexican Nationals.

We are seeing that sales are slower than we expected. However we are not seeing a panic. Caution yes, but that is to be expected. We are still selling, tourists are coming, our occupancy is good for the fall and 2009 season, and it will probably get better as the year closes.

Have a look at La Paz. Take a look at our projects. There are still very good investment opportunities at extremely good prices, that are not considered distressed!