BajaNomad

anyone have any skinny on what's going on

capt. mike - 5-12-2009 at 12:59 PM

at Las Arenas and the new/ old/ rehabbed hotel/resort?

the paved airport was closed just recently. probably lack of current permit but...maybe something else is up.

Pescador - 5-14-2009 at 09:31 AM

Mike, the last I heard was an investment group out of California had bought the hotel and airstrip and was somehow involved with the development there and Los Muertos. Then I heard that with the market crashing that things kind of fell by the wayside. Two people who should know something are David Jones at http://www.fishermensfleet.com
or perhaps Jonathan Roldan at http://www.tailhunter-international.com

capt. mike - 5-14-2009 at 12:27 PM

thx Jim. i have also contacted another guy who is a partner whom i know but so far nothing straight.
but yeah, it's a typical progosis. no cash to keep it moving while everyone is reining in on investments or vaca properties.
the market is still falling. i see the ads here on nomadia for baja homes and stuff and have to chuckle at the asking prices.
if you really want to sell you have to get realistic and drop trou.

if you don't HAVE to sell but are fishing - well that's sumthin different naturally.

Pescador - 5-15-2009 at 07:07 PM

Wasn't it JC Fields who said, "There is a new sucker born each minute"?

guess it is a little difficult to do comparitives on properties.

cantinflas - 5-16-2009 at 06:43 AM

Is JC WCs brother??????

capt. mike - 5-16-2009 at 06:45 AM

i always thot that one was from PT Barnum?
but it holds true.

Cardon Man - 5-16-2009 at 08:34 PM

Yes, Pt Barnum. Bridgeport Connecticut's finest!

Alan - 5-16-2009 at 09:36 PM

Jesse might be able to tell you as well. One of his old waiters was working there trying to get the place open. No idea if he still is. That was about a year ago.

capt. mike - 5-17-2009 at 07:19 AM

well they were selling lots. nice ones.....close to a runway!!!
with the current tankage on mex properties now is a great time to buy sumthin....

Alan - 5-17-2009 at 11:51 AM

Quote:
Originally posted by capt. mike
well they were selling lots. nice ones.....close to a runway!!!
with the current tankage on mex properties now is a great time to buy sumthin....
Then don't let the door of opportunity hit you in the face as it slams shut. Take the plunge, you will almost be my neighbor.

capt. mike - 5-18-2009 at 06:06 AM

oh.....i think there is quite a window open. but yur right, eventually it will tighten up. hope i am in position down the road.