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ElCap
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Posts: 279
Registered: 1-22-2010
Location: Montara CA, or San Ignacio BCS
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Unique San Ignacio Property for Sale
I'm finally reposting about our property which we still have for sale in San Ignacio. It's been on the market for a few years now, but we have not
really tried too hard to advertise it. To be honest, it's seen better days due to our lack of attention lately, but it doesn't need much to bring it
up to it's potential. It is a titled property (not a fidecomiso), owned under a Mexican corporation. We would consider selling the corporation with
the property if the buyer is interested. We have owned the property for about ten years, in which time we have extensively cleaned up the property,
and added some basic infrastructure. We had some grand plans for this place, but as we all know, sometimes life gets in the way, and dreams remain
unrealized. There is incredible potential here for a number of commercial ventures, a farm or nursery, a campground, or just a very tranquil
residential property in one of the most beautiful and unchanged Baja pueblos. The last time this property had changed ownership prior to our purchase
was in 1847. Current price is $125K USD. Would consider short term/longterm lease as well.
El Atajo is a unique and historic property of approx. 9 acres (3.87 hectares), including 900 meters along the presa. There is a single access road in,
and the property is bounded by the San Ignacio presa to the north, and the bluffs of the mesa to the south. Facilities and infrastructure include:
110V electricity, 110V water pump and pressure tank, pila, two palapas with concrete/rock floors, outdoor/covered kitchen area, bathroom building with
flush toilet/shower & sink, septic system, secure cave dug into mountainside, and a private beach with river access. There are hundreds of fan
palms and fruiting date palms, as well as grapevines, sugarcane, mango, pomegranate, fig, guayaba, lime, olive, and banana trees. There are also two
historical features on the property dating back to the Mission era (mid 1700's); a stone-lined water canal called an acequia, and a large sloped stone
wall called a muralla which was built to protect the property from flooding.
Water is pumped from the water canal (acequia) to a number of faucets and hose bibs throughout the central part of the property. Where else in Baja do
you have an unlimited water supply? There is a large outdoor covered kitchen area with Corian countertop, sink & faucet, concrete counter and
storage shelves. There are locations for a refrigerator and large propane cookstove. There are two palapas -the main palapa is approx. 14'x18', has
concrete floor, overhead lights, electrical outlets, canvas walls (removable), and overhead counter-rotating ceiling fans. Lower palapa has
concrete/rock floor, small circular countertop around center post, and hooks for a hammock. Access to river is from a path to a large cleared beach
area, with lots of fan palms by the edge of river. Easy access for swimming and to launch and store kayaks and small boats.
I'm sure that there will be a few tire kickers, and I'm happy to answer here in the forum any reasonable questions about the property, as well as
local environs, etc. If you really want to discuss any specific details, please U2U me. San Ignacio is still generally a sleepy tranquil town,
although is getting pretty busy during winter whale season. I will be down in Baja from late February through March, and we have local folks
available to show property.
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ElCap
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Posts: 279
Registered: 1-22-2010
Location: Montara CA, or San Ignacio BCS
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Pics from the river!
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BajaBlanca
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Registered: 10-28-2008
Location: La Bocana, BCS
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Wow, I had never seen photos and your property looks so beautiful! What a gorgeous garden setting. Wish you the best of luck selling fast! Perhaps
ask the Canadians at the yurts if they have any friends who want to move down.
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pacificobob
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Posts: 2241
Registered: 4-23-2006
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i bet this sells quickly. it has a ton of potential. best of luck.
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fishbuck
Banned
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Registered: 8-31-2006
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Soo pretty.
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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fishbuck
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Registered: 8-31-2006
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What would one do with this property other than enjoy it?
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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advrider
Super Nomad
Posts: 1847
Registered: 10-2-2015
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WOW, what an awesome location and wonderful property! Good luck with the sale...
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mtgoat666
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Posts: 17336
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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Isn’t that enough?
Price is affordable, why don’t you buy it?
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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advrider
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Registered: 10-2-2015
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How does the Mexican corporation work? How much would it add to the price? I'm a tire kicker at this point but you never know, might need to take the
wife on a road trip! This is a specila place for sure... Have you had to deal with the flooding that the B@B had in the past?
[Edited on 1-18-2019 by advrider]
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mtgoat666
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Posts: 17336
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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Your pics remind me of a question I had about that river, is that reed along the river bank Arundo? If Arundo (an invasive species), it would be cool
if the community banded together to remove it and open up the shoreline.
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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fishbuck
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I'm fantasizing about buying it just like everyone else who looks at the photos.
But the price is very right.
9 acres is a large patch of land.
Do the crops produce income?
What does one do here?
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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Lee
Ultra Nomad
Posts: 3455
Registered: 10-2-2006
Location: High in the Colorado Rockies
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Quote: Originally posted by fishbuck  |
I'm fantasizing about buying it just like everyone else who looks at the photos.
But the price is very right.
9 acres is a large patch of land.
Do the crops produce income?
What does one do here?
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If there's a fideicomiso, great.
If it's land lease, don't do it.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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ElCap
Nomad
Posts: 279
Registered: 1-22-2010
Location: Montara CA, or San Ignacio BCS
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| Quote: Originally posted by advrider | How does the Mexican corporation work? How much would it add to the price? I'm a tire kicker at this point but you never know, might need to take the
wife on a road trip! This is a specila place for sure... Have you had to deal with the flooding that the B@B had in the past?
[Edited on 1-18-2019 by advrider] |
I'm not an expert on Mexican corporations - but here's what I know. We have partners in this property who have done the bulk of the legwork on this.
I believe at least one of the partners of the corporation needs to have a FM3 visa. There are some upfront fees involved, and we pay annual property
tax (minimal) on the property. The property is owned outright - there is no fideicomiso bank trust. Mexican corporations are transferable, but
Mexican law is a bit confusing, to say the least.
Flooding - great question. This property is approx. 9 acres, in the shape of a long narrow slice of pie, with approx. 900 meters along the river.
The lower area can and does flood when the region receives substantial rainfall. If you're interested just look at a Google Earth image of the area
and you'll see that the water flows from the mountains to the east and southeast, fills the San Ignacio river, then eventually goes underground and
out to west (and zoom out and you'll see that this drainage has actually created San Ignacio Lagoon on the Pacific coast - think geologic time). The
good thing about this property is that it is terraced, and the entrance and all the structures are on the upper level. The main terrace wall is
actually a sloped stone wall (muralia) which was built back in the Mision era. The majority of the riverfront is currently choked with the fast
growing reed Arundo donax - it gets knocked down and springs right back up. The other side of the river where Ignacio Springs B&B is
located is not so fortunate - they have been flooded up to nearly the yurt tops more than a few times. Hurricane Jimena in 2009 was a true 100-year
flood (old time locals still remember floods of 1911), and flood waters reached the top of our muralia wall.
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ElCap
Nomad
Posts: 279
Registered: 1-22-2010
Location: Montara CA, or San Ignacio BCS
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Another view
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advrider
Super Nomad
Posts: 1847
Registered: 10-2-2015
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Thanks for the information, so to "own it" would someone need a Mexican citizen to partner with? This property has so many possibilities/uses that I
can't imagine it will last long, SI is such a cool little town. Love the history connected to the property as well.
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dharveyk
Newbie
Posts: 3
Registered: 9-3-2018
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I'll be in the area mid-March
Of course I love the look of the property, it's beautiful. I'd love to see it when we're passing through, sounds like you might be down there around
then. Let's chat about it, we could start via e-mail so I'm not posting my phone number here. dharveyk@gmail.com.
Thanks and looking forward to hearing from you.
-Harvey
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David K
Honored Nomad
Posts: 64490
Registered: 8-30-2002
Location: San Diego County
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Mood: Have Baja Fever
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Nice photos of 1700s built dike, La Muralla!
More on the history of mission-era flood control dike, La Muralla:
https://www.bajabound.com/bajaadventures/bajatravel/la_mural...
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Lee
Ultra Nomad
Posts: 3455
Registered: 10-2-2006
Location: High in the Colorado Rockies
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| Quote: Originally posted by ElCap | The property is owned outright - there is no fideicomiso bank trust. Mexican corporations are transferable, but Mexican law is a bit confusing, to
say the least.
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Not sure what's owned here. Improvements (palapa, dwellings) owned by corporation. Do you own the land?
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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ElCap
Nomad
Posts: 279
Registered: 1-22-2010
Location: Montara CA, or San Ignacio BCS
Member Is Offline
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| Quote: Originally posted by Lee | | Quote: Originally posted by ElCap | The property is owned outright - there is no fideicomiso bank trust. Mexican corporations are transferable, but Mexican law is a bit confusing, to
say the least.
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Not sure what's owned here. Improvements (palapa, dwellings) owned by corporation. Do you own the land? |
We (two American couples, one with FM3s) formed a Mexican corporation, and this corporation owns the land and all improvements on the land. It is my
understanding that our corporation may be transferable when we sell the property, but it is not a requirement of the sale.
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advrider
Super Nomad
Posts: 1847
Registered: 10-2-2015
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The deal just sounds better and better! Wish the timing was better, sure seems like a good deal.
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