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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by durrelllrobert
I have friends that have a beach front property on the spit down here in Punta Banda. They told me that they had to pay the land owner $120,000 CASH
upfront to get their 50 year lease.
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Anybody I know? I have to sell the Coronado Bridge to someone.....soon. I'll give them a discount.
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BajaBlanca
Select Nomad
Posts: 13196
Registered: 10-28-2008
Location: La Bocana, BCS
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I guess if the owner is ignorant of the law, then you indeed have a 50 year lease ((:
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Debbie
Newbie
Posts: 6
Registered: 1-31-2013
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The property I own in Los Naranjos has a legal subdivision and transferable Fideicomisco (Bank Trust). The bank trust is good for 50 years.
I am not sure if Armando also leases property there, but I do know that he rents it out.
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chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
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Dennis? Whats your bottom dollar on the bridge? I need one to put across the Rio Mulege at boat launch? Will you deliver?
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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| Quote: | Originally posted by durrelllrobert
I have friends that have a beach front property on the spit down here in Punta Banda. They told me that they had to pay the land owner $120,000 CASH
upfront to get their 50 year lease.
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Friends don't let friends do stupid things....especially on the Spit.
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
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| Quote: | Originally posted by bajaguy
Friends don't let friends do stupid things....especially on the Spit. |
I believe it was the beloved Louis Armstrong who said, "There are some people who, if they don't know, you can't tell them."
We've all come across some of them........haven't we.
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reneske
Junior Nomad
Posts: 48
Registered: 9-3-2009
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We have a home in Mulege and have friends at Naranjos. I have heard nothing but bad things from my friends that live there. Never buy in Baja until
you rent first.
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Mexray
Super Nomad
Posts: 1016
Registered: 8-30-2002
Location: California Delta
Member Is Offline
Mood: Baja Time
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Wonderful spot on the Bahia...
....Playa los Naranjos (Armando's family name) is a great spot to spend some time in Baja...
We've been out of the loop for about 5 years now since we sold our 'lease' to our palapa right on beach @ Naranjos...sure miss that place, the great
sunrises to warm us in the mornings, and the great sunsets as the colors on the mountains across the Bahia changed hues with the dipping sol...!
We never really had any miss-understandings with Armando, but he could definitely run 'hot or cold' at times with some of his interactions with we
visitors from the North...!
As to the property Armando offers for sale, I can't address at this point in time - however, like others have mentioned, you should probably spend
some time down there to talk with others to get the up-to-date info on this kind of transaction...
I would sure get any restrictions involved with local use of this property nailed down before hand...is it in the costal zone, building height limits,
etc, etc...
I wouldn't hesitate to go back there to rent/lease a place if our current health status permitted...It's truly a great place...!
I do find it curious that 'Debbie' posts above how she likes her property so much at Playa los Naranjos, but has an ad underneath, selling the same
lots...?
As much as we like & enjoyed the area, we always felt like we didn't want to invest more that we were willing to walk away from if things changed
to our detriment....
You might also contact Bob & Susan at their Lighthouse Resort just North of Playa Los Naranjos for more up-to-date info from their angle...a
couple of nights stay with them might be enlightening...!
Viva Baja & Bahia Concepcion...
According to my clock...anytime is \'BAJA TIME\' & as Jimmy Buffett says,
\"It doesn\'t use numbers or moving hands It always just says now...\"
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David K
Honored Nomad
Posts: 64848
Registered: 8-30-2002
Location: San Diego County
Member Is Offline
Mood: Have Baja Fever
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Good to see you here Ray!
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Debbie
Newbie
Posts: 6
Registered: 1-31-2013
Member Is Offline
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We have owed the property for about 6 years. My husband and I wish we could keep it, as it is so beautiful there as Mexrey describes it. We have to
sell it in order to retire, as our home in California has lost so much value.
We can't do what we originally planned to do when we bought the property which was built our dream home and live there 1/2 the year and the other 1/2
year in California. Now we will only be able to keep our home in California if we are lucky.
So selling has nothing at all to do with Armando
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Sweetwater
Senior Nomad
Posts: 915
Registered: 11-26-2010
Member Is Offline
Mood: chilly today hot tomale
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| Quote: | Originally posted by Debbie
We have owed the property for about 6 years. My husband and I wish we could keep it, as it is so beautiful there as Mexrey describes it. We have to
sell it in order to retire, as our home in California has lost so much value.
We can't do what we originally planned to do when we bought the property which was built our dream home and live there 1/2 the year and the other 1/2
year in California. Now we will only be able to keep our home in California if we are lucky.
So selling has nothing at all to do with Armando |
Without any negativity intended, the obvious issue is that you have a conflict of interest regarding unflattering reports of the development or area.
I would echo someone above, you really need an extended visit to any location and particularly those outside the US, before making a commitment at the
level of buying property, IMHO. Every community is different and may or may not be reflective of your initial impression.......
Everbody\'s preachin\' at me that we all wanna git to heaven, trouble is, nobody wants to die to git there.-BB King
Reality is what does not go away when you stop believing in it. -Philip K Dick
Nothing is worse than active ignorance. Johann Wolfgang von Goethe(1749-1832, German writer, artist and politician)
When choosing between two evils, I always like to try the one I\'ve never tried before. - Mae West
Experience is what keeps a man who makes the same mistake twice from admitting it the third time around.
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absinvestor
Senior Nomad
Posts: 725
Registered: 11-28-2009
Member Is Offline
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I can't count the number people that buy thinking they have found paradise only wanting to sell after a couple of years. (Me included.) Circumstances
change or the initial impression changes ie the weather seasons change etc .Everything looks better during vacations or a short visit!!! Take your
time- the once in a lifetime purchase will be there tomorrow or next month and, especially in Baja, it is much easier to buy than to sell!!
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MMc
Super Nomad
Posts: 1679
Registered: 6-29-2011
Member Is Offline
Mood: Current
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Absinvestor, you are so right! I had a neighbor who blew into San Miguel with a insurance check from the Arrowhead fire. He paid about 40K to much for
his place. He was always peeed that he payed to much. He never did check the place out before buying.
We rented for 6 months looked around and got the place we wanted. I loved the wave there and thought it was good enough for a weekender place. After
owning there for 10 years we have come to love El Sauzal and Ensenada too. We are considering it as a place to retire.
| Quote: | Originally posted by absinvestor
I can't count the number people that buy thinking they have found paradise only wanting to sell after a couple of years. (Me included.) Circumstances
change or the initial impression changes ie the weather seasons change etc .Everything looks better during vacations or a short visit!!! Take your
time- the once in a lifetime purchase will be there tomorrow or next month and, especially in Baja, it is much easier to buy than to sell!!
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"Never teach a pig to sing it frustrates you and annoys the pig" - W.C.Fields
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