tigerdog
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Bahia de Los Angeles- For Sale
Looks like someone has given up on developing the Bahia and wants to pass it along to someone else. (Alternately, the the economic situation in the
USA may have had an effect on the developer's finances?) Anyhow, here's a press release for y'all to mull over:
| Quote: | Sheldon Good & Company to Auction 235-Acre Waterfront Development Site in Baja California, Mexico; Seller Discloses Reserve Price of $10
Million
Wednesday January 23, 1:44 pm ET
CHICAGO and LOS ANGELES, Jan. 23 /PRNewswire/ -- Sheldon Good & Company Auctions, LLC (www.sheldongood.com), the nation's largest real estate auction company, in one of the most exciting offerings of emergent destination- oriented
recreational properties, today announced that it has been retained to auction a 235-acre beachfront development site in Bahia de Los Angeles (Baja,
California, Mexico). In making the announcement, auction company officials also announced the seller's reserve price of $10 million (USD).
(Photo: http://www.newscom.com/cgi-bin/prnh/20080123/NYW130-a )
This means that the seller is committed to selling the property upon receipt of a conforming bid at or above the $10 million figure and according to
the terms to be found in the purchase and sale agreement contained in the bidder's information packet. Attractive seller financing is also being
offered.
Every indication is that Bahia de Los Angeles will be key to real estate development in central Baja. Reasons why: (1) Proximity to the U.S.; (2)
Nautical Ladder; (3) Goose Neck, located at the Baja's narrowest point; (4) Electricity; (5) Commitment to Develop; (6) Huge naturally protected bay.
With new electricity and street lighting just installed, the town is literally "turning on the lights" as a hot new high-growth destination. A new
cross-peninsula 80-mile highway will connect the cities of Santa Rosalillita and Bahia de Los Angeles. This already completed 80-mile road is expected
to be a tremendous engine of growth for the region. Additionally, the road construction and upgrades will allow for cross-peninsula boat delivery.
According to Steven L. Good, Chairman and CEO of Sheldon Good & Company Auctions, Inc., "For the visionary developer and investor, Bahia de Los
Angeles offers the ideal opportunity. Located on Baja California's east coast, Bahia de Los Angeles is known for its stark beauty and commanding views
of the Sea of Cortez. The Mexican government envisions Bahia de Los Angeles to be one of the lead 11 marina cities to be included in its mega-project
-- Nautical Ladder -- Sea of Cortez."
Mr. Good said that the Nautical Ladder Project envisions attracting thousands of boats and tourists annually up and down the Baja coast through the
development of a 'ladder' of marinas, hotels, and tourist sites located within a day's sail of one another. The vision for this project is a
residential development as the acreage rises from the sea to the top of a former gold mine with a heights ranging from fifty to one hundred and
twenty- five meters (164 to 410 feet). Therefore this property will provide spectacular views of the Sea of Cortez and the town of Bahai de Los
Angeles. Mountaintop and terraced lots will provide unparallel unobstructed views for residential properties.
"This 235-acre tract is one of the largest undeveloped, waterfront, single ownership parcels in the area," Mr. Good said. "If you have a vision for
anticipating opportunity in a place that's definitely on the move, you owe it to yourself to consider this tremendous recreational opportunity."
"Our auction allows the astute investor an opportunity to purchase the property at your own price. Plus the auction affords you with perfect timing to
plan the building of a new development or any other appropriate use," Mr. Good said.
Mr. Good said, "The property offers commanding ocean panoramas and is perfectly situated along the Sea of Cortez in the City of Bahia de Los Angeles
and the 80-mile highway that connects it to the Pacific Coast City of Santa Rosalillita."
The auction deadline for this sealed bid event is (4 p.m. CT) on February 20, 2008. Bids should be sent accompanied by a certified or cashier's check
for $300,000 (USD): Sheldon Good & Company, Attn: Bahia de Los Angeles Auction Project Manager 333 W. Wicker Drive, Chicago IL 60606.
Inspections are by appointment only and need to be made at least three (3) days prior to the showing date. Inspections dates are Jan. 24th & 31st
and Feb. 5th & 12th beginning at 10:00 a.m.
A full day is recommended for the viewing of this property along with investigating the opportunities in Bahia de Los Angeles. We suggest flying in
the night before and departing in the late afternoon. Tours will consist of an orientation of the town, a drive to the property, a hike to the plateau
for the spectacular views, then down to the beach for a stroll along the water. Viewing of the property from the Sea will also be available following
the ground tour. This is private property and undeveloped land that must be carefully traversed so hiking shoes or boots and long pants are
recommended. It is mandatory for appointments to be made at least 72 hours in advance.
Important Note: This is private property and undeveloped land that you have to be careful when traversing. We recommend hiking boots and long pants.
Our property tours will begin with an orientation of the town then a drive to the property and a hike to the plateau for the most spectacular views
available in town. Then a hike down to the beach and stroll along the water. Viewing the property from the Sea will also be available following the
ground tour. It is important and mandatory to make an appointment for the inspection ahead of time.
About the Sea of Cortez
The Sea of Cortez, also known as the 'Gulf of California', is one of the world's most beautiful places. From the abundance of sea life to the clarity
of the waters, the Sea of Cortez is host to amazing fishing, scuba diving, beautiful views, and more. Legendary diver Jacques Cousteau once described
the Sea of Cortez as the "world's aquarium" and the "Galapagos of North America."
The Sea of Cortez is bordered by the states of Baja California, Baja California Sur, Sonora, and Sinaloa. To the north it is part of the Sonoran
landscape, and creates amazing vistas where open sand suddenly spills into a beautiful, sparkling coastline. The Sea of Cortez currently plays an
important role in one of the most interesting ecospheres in the world, and with everything that is happening in the region, it stands to play an
amazingly pivotal role in what happens to the area next.
Traditionally the Sea of Cortez had been a commercial fishing zone. With the growth of tourism in the last 20 years attentions have been turned toward
sport fishing and boating, scuba diving, and the like. In the Sea of Cortez's future is the Mexican government's Nautical Ladder Project, which seeks
to draw more pleasure boaters and fishermen to the area. There is a noticeable boom in construction up and down the coasts.
About the La Escalera Nautica and Local Development
La Escalera Nautica is a 1.9 billion dollar project to develop tourism in Baja California, Mexico. It entails building a "ladder," or nautical route,
of marinas and tourist sites surrounding both coasts of the Peninsula, as well as the West Coast of the mainland. Construction of the new marinas and
roads has been underway for some time now.
The Federal Tourism Promotion Fund (Fonatur) has constructed an 80-mile 'land bridge' from Santa Rosalillita (on the Pacific side) to Bahia de Los
Angeles (on the Sea of Cortez side) to facilitate travel, commerce and yacht delivery (up to 55 feet in length) into the calm waters of Baja's eastern
side. This 80-mile road is expected to be a tremendous engine of growth for the region. With new electricity and street lighting just installed, the
area is literally "turning on the lights" as a hot new high-growth destination.
Mexico's past President, Vicente Fox, considered the tourist industry a "passport to modernity" and said the Escalera Nautica represented a crucial
and strategic megaproject for the development of the country that would make possible decades of tourist development for the northwestern region of
Mexico.
Please call: US 01-312-373-4300 / Mexico 52-81-8356-0899 to arrange an appointment, air charter, local hotels or to obtain contact information.
About Sheldon Good & Company Auctions LLC
Sheldon Good & Company (www.sheldongood.com), America's Real Estate Auctioneer, in the past has been rated as the largest real estate auction company in the United States
by a number of prestigious publications. The company has aggregate sales of over $9 billion. For further information, please call Sheldon Good &
Company at 1-312-373-4300, or log onto www.sheldongood.com. |
\"You know Hobbes, sometimes even my lucky rocket-ship underpants don\'t help.\" - Calvin, from Calvin and Hobbes
Visit me at Rocky Point Tides
http://rptides.blogspot.com/ |
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CaboRon
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When the boat is filling with water you B A I L 
CaboRon
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Mexitron
Ultra Nomad
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"The Federal Tourism Promotion Fund (Fonatur) has constructed an 80-mile 'land bridge' from Santa Rosalillita (on the Pacific side) to Bahia de Los
Angeles (on the Sea of Cortez side) to facilitate travel, commerce and yacht delivery (up to 55 feet in length) into the calm waters of Baja's eastern
side. "
Really? The only road I knew about was the spur from S. Rosalillita to Hwy. One...unless they're just including the existing BOLA road.
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surfer jim
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Time for NOMADS to pool money and buy this  .....put up a big fence
with glass on top  ....just need to think of a name for it.....
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David K
Honored Nomad
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Location: San Diego County
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>>> A new cross-peninsula 80-mile highway will connect the cities of Santa Rosalillita and Bahia de Los Angeles. <<<
This is rich!  
'cities of' ??
'new highway'?
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DanO
Super Nomad
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Location: Not far from the Pacific
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| Quote: | Originally posted by surfer jim
Time for NOMADS to pool money and buy this .....put up a big fence
with glass on top ....just need to think of a name for it..... |
$10 million? Lemme check my wallet . . . nah, I'm a few bucks short. Good luck with that, though.
\"Without deviation from the norm, progress is not possible.\" -- Frank Zappa
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castaway$
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They need to put it on EBAY!!!! Or maybe Craigs list!
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CaboRon
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| Quote: | Originally posted by castaway$
They need to put it on EBAY!!!! Or maybe Craigs list! |
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marv sherrill
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Is the $300,000 auction retainer refundable????
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thebajarunner
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I think they got the decimal a couple points East of reality.
Gee, just a buck a square foot.....
Such a deal,
all this and Escalara Nautica tossed in for free.
($42,000 per acre in today's California market would buy you some pretty nice property up here in Central Valley)
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805gregg
Super Nomad
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Location: Ojai, Ca
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Another place with insuficent water for large scale devolpment.
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vandenberg
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| Quote: | Originally posted by soulpatch
All it takes is electricity. |
And lots of it.
Plus the dilemma, what to do with the brine 
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Bob and Susan
Elite Nomad
Posts: 8813
Registered: 8-20-2003
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put it on the roads
actually people tell me the brine isn't that bad but...
i dont know
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805gregg
Super Nomad
Posts: 1344
Registered: 5-21-2006
Location: Ojai, Ca
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Why would brine be a problem? The sewage goes untreated at most locations.
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wilderone
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PRO NATURA's Noticia on the announcement - should put the skids on any substantial planned development:
PRONATURA Denouces Illegal Sale of Bahia de Los Angeles
El Vigía
18th of January, 2008
Bulletin
"An advertisement published in Mexico informs of a public sale of coastal terrain located within a protected zone, making the terrain not apt for
tourist development.
Mexico, D. F. - On the 16th of January, Remax and Sheldon Good Mexico published an advertisement in Mexico City´s newspaper, Reforma, announcing the
public sale of a terrain, with a total surface area of 95 hectares found along the coasts of Bahía de los Ángeles, located on the eastern coast of the
state of Baja California, in the central region of the Gulf of California.
The advertisement describes the terrain as a “great opportunity for development on the beach” in “one of the eleven destinations included in the
mega-development project Escalera Náutica”.
However, the public advertisement does not establish that the terrain in question is located within the “Valle de los Cirios” Protected Area of Flora
and Fauna, adjacent to the Biosphere Reserve “Bahía de los Ángeles and Whale Channel and Salsipuedes”, both areas under federal protection.
With this information, it is necessary to pose a few questions for those interested in acquiring the terrain in question.
Bahía de los Ángeles forms part of one of the most important and best conserved ecological regions in the world. Its geographic isolation, dimensions
and orthographic characteristics have maintained a relatively low population density and a mostly pristine environment.
It is still very possible to find fragile ecosystems and threatened species of flora and fauna protected by Mexican law in both the marine and
terrestrial environments of the region. Such is the case with the whale sharks, that utilizes the bay in Bahía de los Ángeles as a feeding zone during
the months of August through November, providing an opportunity for sustainable and profitable ecotourism activities for the local community.
Due to the high incidence of important species and the confluence of two natural protected areas, it is important to point out that Bahía de los
Ángeles does not present the necessary aptitude or natural vocation for the establishment of tourist, residential or nautical mega-developments in the
region, as described in the advertisement.
Furthermore, the region does not provide the appropriate environment for the establishment of golf courses, while the scarcity of water makes the
construction of infrastructure known as “Great Tourism” found in Cancún or Los Cabos hardly viable, as the area is located within a desert zone.
Any project proposed for the area will be subject to rigorous evaluation, in an effort to avoid any environmental harm to coastline that could result
in negative effects for the flora, fauna, ecosystems or local economy of the region. "
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