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!

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This entry was posted on Tuesday, September 30th, 2008 at 20:16 and is filed under Baja Quest, Investment Mexico. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.