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dizzyspots
Senior Nomad
Posts: 603
Registered: 9-22-2008
Location: Mescal AZ
Member Is Offline
Mood: rather be on the beach at Gonzaga
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Rancho Grande at Gonzaga Bay TRIPLES leases!!
With no notice of forewarning, Rancho Grande has TRIPLED the leases of the dozen or so "residential" palapa properties along the beach. From an annual
fee of $2000 to $6000!!...no warning...when you went to make the lease payment..."sorry...its been tripled to $6000!!
Informal consensus is that ALL of the folks are going to bail out when their current leases are up.
We are headed down tomorrow to help our palapa host get the big stuff moved out....
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motoged
Elite Nomad
Posts: 6481
Registered: 7-31-2006
Location: Kamloops, BC
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Mood: Gettin' Better
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What will be next for the houses along the strip? One is up for sale on BN....
Don't believe everything you think....
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dizzyspots
Senior Nomad
Posts: 603
Registered: 9-22-2008
Location: Mescal AZ
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Mood: rather be on the beach at Gonzaga
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BN?
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tobias
Nomad
Posts: 188
Registered: 1-10-2014
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What is to keep this from happening to any lot that you have leased in mexico to build a house?
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John Harper
Super Nomad
Posts: 2289
Registered: 3-9-2017
Location: SoCal
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BajaNomad?
John
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David K
Honored Nomad
Posts: 64478
Registered: 8-30-2002
Location: San Diego County
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Mood: Have Baja Fever
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Maybe the long proposed Rancho Grande resort hotel will be coming soon?
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TMW
Select Nomad
Posts: 10659
Registered: 9-1-2003
Location: Bakersfield, CA
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They probably want you to move out so they can build something.
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thebajarunner
Ultra Nomad
Posts: 3687
Registered: 9-8-2003
Location: Arizona....."Free at last from crumbling Cali
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Mood: muy amable
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In my world a lease has a definite time and payment schedule clearly written in the contract.
Are these type of leases "in blank" or year to year?
Leases are supposed to protect both parties.
Can we hum a few bars of the old song "Did you read the fine print?"
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del mar
Banned
Posts: 1057
Registered: 7-23-2016
Location: the cantina of course
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Mood: lil' fuzzy
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im sure the Fernandez's will follow suit 
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advrider
Super Nomad
Posts: 1847
Registered: 10-2-2015
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I bet the same will happen just down the beach to the North, the way the hotel and food prices are going up... That whole area will be rental houses
or condos before long..
[Edited on 1-18-2019 by advrider]
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BajaTed
Senior Nomad
Posts: 859
Registered: 5-2-2010
Location: Bajamar
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Happening here too BTW
As leases expire on lower Colorado River Indian tribal land in AZ, the same tactics are used to get old leaser out.
Es Todo Bueno
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dizzyspots
Senior Nomad
Posts: 603
Registered: 9-22-2008
Location: Mescal AZ
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Mood: rather be on the beach at Gonzaga
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No lease per se...all handshake and year to year...but zero notice for folks that have been there for years...sucks!
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willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
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Quote: Originally posted by dizzyspots  | | No lease per se...all handshake and year to year...but zero notice for folks that have been there for years...sucks! |
sure sounds like Don Rafa has something up his sleeve doesn't it?
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thebajarunner
Ultra Nomad
Posts: 3687
Registered: 9-8-2003
Location: Arizona....."Free at last from crumbling Cali
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Mood: muy amable
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AS we always say in real estate law....
A verbal deal ain't worth the paper it is written on.....
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bonanza bucko
Senior Nomad
Posts: 587
Registered: 8-31-2003
Location: San Diego
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Mood: Airport Bum
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Re a hotel and resort at Rancho Grande: dream on sweet prince.
The first time a West wind blows everyone off the beach the place will close.
People will put up with that for $2000/year but they won't if they paid a daily hotel/motel rental because their entire stay will be ruined. We have
seen people camped at Rancho Grande's beach for Easter get blown off for years.
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KurtG
Super Nomad
Posts: 1201
Registered: 1-27-2004
Location: California Central Coast
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Mood: Press On Regardless!!
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I think the ones you are referring to are part of Alfonsina's not Rancho Grande.
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John Harper
Super Nomad
Posts: 2289
Registered: 3-9-2017
Location: SoCal
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Sad, but true.
John
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Lee
Ultra Nomad
Posts: 3455
Registered: 10-2-2006
Location: High in the Colorado Rockies
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A handshake or verbal Land Lease is not a contract. Unless the Lessee has an RV or trailer, or a temporary structure that can be moved, there is
no benefit to this kind of agreement for a gringo. Even with a MX contract, a gringo will lose fighting eviction with a MX.
I've heard the ''benefits'' of this kind of arrangement. Like, lease agreement for 10 years or more. Right.
In MX, leased land is good until the Lessor decides to raise the rent, or evict, then it's a new game.
So, walking away from an investment and improvements might be OK with some. I've heard that argument too. Don't invest in more than you can
walk away from. Why invest at all if the odds are against you?
Lessee has recourse and protection NOB. Don't see it in MX. Anyone who has seen how MX court system works will want to stay clear of it.
Between new rents and evictions, Lessor is about to make lots o money.
Just my opinion and results may vary.
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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hombre66
Nomad
Posts: 281
Registered: 10-29-2014
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If you follow the pavement, you gotta follow the money.
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MexicoTed
Senior Nomad
Posts: 708
Registered: 8-2-2004
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Hombre66 is right. Once they decided to pave the road south of Puertecitos it has attracted more big money. This has been the plan for many years. I
have heard at Mexico real estate events on the mainland for years about how beautiful this part of the coast is and how once they build the
infrastructure that there will be great opportunities for investors.
Whether they get blown out or the road washes away or whatever who knows.
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