BajaNomad

House for Rent or Sale

thefishaholic - 5-2-2013 at 07:08 AM

Posting for a friend.

2 bedroom 2 bath palapa home for rent or sale in Cabo San Lucas. Bedrooms have air conditioners. Awesome Lands End and Cabo views. Maintained garden setting.
Located in Paloma Village, a safe 5 acre private, gated community with full time management on site.
Or you can build your own on one of our long-term leased lots.
Managers Office: 624-105-9307 U.S. 925-289-1217

$600 mo. Lease
$50,000 Purchase

$600 mo. Lease ?

durrelllrobert - 5-2-2013 at 09:34 AM

That's exactly how much my property taxes were in the US. $7200/year.

Reeljob - 5-3-2013 at 07:05 AM

More info please & Pic's if you have.

Udo - 5-3-2013 at 08:19 AM

If I understand this correctly...

They are asking $50,000 for the improvements...PLUS...having to pay a $600/ month lease for the palapa space??



Quote:
Originally posted by thefishaholic
Posting for a friend.

$600 mo. Lease
$50,000 Purchase

Terry28 - 5-3-2013 at 08:53 AM

Udo,

My take is you can buy it for 50K OR ,lease it for $600...They don't state what the monthly land lease is...I sure hope it's not 600......

As I understand it

thefishaholic - 5-3-2013 at 09:49 PM

We have several friends that have places there over 7 years.

They pay $600 mo +IVA with a 15 year lease (owner is a Gringo) and he renews the lease every year again. I think a discount is given for full year payments.

Yes, you purchase the improvements and pay the lease.

The views from the 2nd flr patio is awesome.

Great people there and lots of dinner parties, ladies pool day, guy's fish a lot and some just chill. Some full timers and some snow birds.

If you are interested and want pic's just call Karen at the above numbers.