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Author: Subject: La Paz on the way up...WAY UP
tim40
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[*] posted on 2-1-2005 at 11:18 PM
La Paz on the way up...WAY UP


We make several trips a year to baja and have been semi - serious land/casa searchers for the past several years. We are now committed to the process to find the correct piece of our definition of paradise. The selection is currently at the lowest levels I haver ever seen and frankly the asking prices are WAY UP. Does not mean they will get it, but they certainly are asking. One to remain unnamed real estate agency that focuses on US customers, has started to price the property at near southern cal prices. We all know the prices would and should go up, but some I believe have lost track of 'reality'.

On a side note, wife and I shared (thank you Steve for buying) a couple of beers with the designer of the new golf course over on El Magote (we met him in town and did not make it over). Yes it has started and he, while making it clear he is not in sales, assured us it has the dollars to bring it home and that the pre-sales some have referrenced are real. He ended by saying he personally has built courses around the world and it is the second nicest total resort he has seen...and he did rattle off the names of many you may know of.
This was a total chance meeting leading us to absolutely accept all he shared.

So, if anyone knows of a malecon front property for sale or something within the first could of blocks with a view or the potential of same, shoot me a note. Some of the prices we found were WAY up there....300% over 3 years ago.

[Edited on 2-2-2005 by tim40]




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Eli
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[*] posted on 2-2-2005 at 08:47 AM
Well Tim,


I expect that the good news in all of this is I have never seen the prices drop, year after year they just keep going up. So, where ever you do land, it will be a good investment for future.

Beach front that I recall north of Los Barriles being $55K in 1999 is now $160K or more?????????

Sorry you missed out on that sweet nest stashed in the trees next to Peking. Man, that place gets my creative juices flowing, I would love to restore it, and I don't even want to go back to work, but that place........ Ah well, it is a beauty for who ever did get it, hope they don't tear it down.

The other site I have dreamed about in the past is a block or so off the Malicon, maybe to the South of Imigration I think. Years ago, Miguel Esquerda had it up for sale, don't know if he sold it, but he's got to be asking top dollar if he still has it, he knows values, he has been in the business for bucku years. Anyway it's a big piece of property with old adobe ruins, beautiful, another one that makes me want to return to play with design. Sorry, know this ain't to helpful, but ya did awaken some dreams and thoughts with your comments. Salutaions, Sara
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tim40
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[*] posted on 2-2-2005 at 09:43 AM


I know which one you are talking about Eli. We are tracking down a couple of off the Malecon opportunities. Depending on how they run to ground, we will be converting our energy to finding an honest, integral, aggressive, hard working buyer's agent. The purpose to will be to search out the owners of several properties that are not on the market, but appear to be in a 'static state'.



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comitan
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[*] posted on 2-2-2005 at 02:22 PM
la paz, properties


try www.doradoproperties.com



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tim40
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[*] posted on 2-2-2005 at 03:34 PM


Thank you Comitan. How do you know of them?



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