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Author: Subject: Punta Colonet Project?
estebanis
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Registered: 11-11-2002
Location: Stuck North of the Border. They won\'t pay me
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[*] posted on 10-5-2010 at 08:15 PM


Quote:
Originally posted by Curt63
Here's my 2 cents, but I have never owned or leased land in Mexico.

There are no 20-30 year guarantees in Baja land no matter how many lawyers you hire. You may get screwed. Especially in a desirable, close to the US, beachfront location.

Scores of bad real estate deals of all legal arrangements have been shared in this forum. Land leases seem to be more secure than other arrangemnents.

Dont take anything to baja you are not prepared to lose (Investment $, vehicles, improvements, toys etc.)

I don't think the Colonet port is ever going to happen (but rumors would drive up land prices and stimulate foreign investment wouldn't they?). Mexico is big on dreams.....

When the time comes, I plan to take a trailer and rent/lease some land for a while. If things go bad, you move on down the road. If I like it, I will add improvements that can be hauled away.

Cheers, Curt

DITTO!!! :yes:
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AmigoAnónimo
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[*] posted on 10-5-2010 at 08:44 PM


Wow, thank you all for the overwhelming response. Most surfers suffer from blind optimism, so it's good to have eyes opened by reality from those who have been there and done that. I'm going to print out your replies and share them with my friends. I believe that a rethinking of our approach and expectations is in order. Thanks again.
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