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.

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This entry was posted on Monday, February 16th, 2009 at 3:07 and is filed under Investment Mexico. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.