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Lee
Ultra Nomad
   
Posts: 3583
Registered: 10-2-2006
Location: High in the Colorado Rockies
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Looks like your neck of the woods, Paul. El Gavilan.
$660 x $1,500 night. 103 rooms. Speechless.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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surabi
Elite Nomad
    
Posts: 6606
Registered: 5-6-2016
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"Eco resort". Gag me. I can just imagine the kind of carbon footprint people who pay $1500/night have, while they virtue signal aboit how ecologically
aware they are.
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pauldavidmena
Super Nomad
  
Posts: 1736
Registered: 5-23-2013
Location: Centerville, MA, USA
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Quote: Originally posted by Lee  |
Looks like your neck of the woods, Paul. El Gavilan.
$660 x $1,500 night. 103 rooms. Speechless. |
Last February we stayed at a place in El Gavilán that was dwarfed by some of the McMexican Mansions nearby. 1 BR, 1.5 Bath, single floor with a nice
kitchen and right on the water. House had its own waste water processing unit that watered the plants with grey water. Quite a bit less per night than
the "eco resort" getting ready to open up on April Fool's Day. I want to go back before some billionaire makes the owner an offer he can't refuse.
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pacificobob
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Posts: 2334
Registered: 4-23-2006
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The hyperinflation of local real estate has me chuckling at those who's council to rent/never buy in Mexico turned out to be way wrong. Likely driven
by fear of things they didn't understand.
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surabi
Elite Nomad
    
Posts: 6606
Registered: 5-6-2016
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Years ago when I sold my house in Canada and had some money to invest for the first time in my life, I asked a good friend of mine, who had just
gotten a substantial inheritence, if she wanted to go in with me on buying a piece of property that was just above my lot here in Mexico.
It was raw land that was subdividable into 4 lots, and the real estate market was booming here. The guy who owned it was American, I knew him well,
and he was super savvy about making sure all paperwork was in order, every i dotted and every t crossed. He had lived here for a long time, knew all
about family members coming out of the woodwork claiming the land was theirs, etc.
My friend asked her Canadian financial advisor about investing in this and he laughed dismissively. Said he knew some guys who lost all their money
"buying" some land in Baja, and she'd be a fool to even consider it.
That land was bought by another Anerican who subdivided it, built a house for himself on one lot, built another house to sell on the second, sold the
remaining two, and doubled his money within 2 years.
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pacificobob
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Posts: 2334
Registered: 4-23-2006
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It's common to see 10x value increases here over the last 20 years.
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Lee
Ultra Nomad
   
Posts: 3583
Registered: 10-2-2006
Location: High in the Colorado Rockies
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Quote: Originally posted by pacificobob  | The hyperinflation of local real estate has me chuckling at those who's council to rent/never buy in Mexico turned out to be way wrong. Likely driven
by fear of things they didn't understand.
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Haven't heard this before. Think it would depend on how long someone was planning to live in MX.
20 years ago, I saw a plat map of Cerritos subdivided into thousands of parcels. Titles weren't in but the ejido were on it. . Buyers were lining up to get their piece of paradise.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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aburruss
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Posts: 218
Registered: 2-6-2018
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Even the environmental impact studies are crazy expensive. In order to build on a lot in BCS, that has almost NO native vegetation on any impacted
area... we got a quote for almost $300,000 MXN. I can't stand to pay that, but I also know that the cost will only increase.
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pauldavidmena
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Registered: 5-23-2013
Location: Centerville, MA, USA
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Not too surprisingly, one of these properties is available for rent between June 15 and September 30, no doubt when the snowbird owner is NOB.
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Lee
Ultra Nomad
   
Posts: 3583
Registered: 10-2-2006
Location: High in the Colorado Rockies
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Quote: Originally posted by pauldavidmena  |
Not too surprisingly, one of these properties is available for rent between June 15 and September 30, no doubt when the snowbird owner is NOB.
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North or South of Pastora? Too far from town. Hate that road.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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oxxo
Banned
Posts: 2347
Registered: 5-17-2006
Location: Wherever I am, I'm there
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Mood: If I was feeling any better, I'd be twins!
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Even though this post is 3 months old, it is still as nonsensical now as it was then. The poster obviously doesn't know any environmentalists!
After 20 years of owning property in the Los Cabos area, I have put my property for sale and getting out as far as being a fideicomiso owner. And I
do remember what a treasure Todos Santos was 20 years ago.
The reasons are numerous but in a sort of prioritized listing as follows:
- My health insurance is only valid in the US and only valid for "emergencies" in Mexico. As I age up, new health issues seem to crop up on a more
regular basis and I need to be closer to my regular doctors.
- It is difficult to get my medications to Mexico on a dependable basis. I do not trust Mexican prescriptions from China.
- I am getting older and don't have as much stamina and interest in maintaining a residence in Mexico (which can be a full time job if you do
everything yourself).
- Most of my friends from 20 years ago, both Mexican and expat, have either died, abandoned their life in Mexico, or moved to other distant Mexican
locations. Nobody's home anymore.
- Baja California is experiencing tremendous growth by Mexicans moving to Baja for available working options (the place is booming) and/or escaping
cartel gang violence AND the gentrification of Baja by immigration of expatriates from the US and Canada who are looking for a retirement paradise on
the cheap (sound familiar?) Local Baja governments are not keeping up with the commensurate need for expanded infrastructure. Roads, electricity,
water, sewage are becoming critical issues in my area and it appears that little is being done about it. It is becoming VERY crowded year round.
- It is getting VERY expensive to live in the Los Cabos area. According to the G.G., Los Cabos is now the most expensive place to live in Mexico.
People who are moving in, both nationals and expats, seem to have more money to spend on "luxuries" (USD $100 for dinner at a hotel on the beach? no
problema) and that mindset is foreign to me compared to 20 years ago.
- More and more Mexicans from D.F. and Guadalajara are moving in. I do not enjoy the type of attitude they bring as opposed to the local Choyero
attitude I first encountered here.
- Although cartel violence is not visible in Los Cabos, the Sinaloa gang has a large invisible presence here and they are paid off by the local
governments, hotel industry, and fishing industry, among others. All it will take is one incident of major violence and the local economy will start
to collapse like it did in Acapulco and other places in Mexico.
It is time for me to get out, while the getting is good. I will still visit Baja in the future but it will probably be limited to one week trips from
Southern California to the Ensenada, Tecate, San Filipe areas in my BEV. AND I WILL STILL BE PROUD TO CALL MYSELF AN ENVIRONMENTALIST, not perfect,
but always trying to do better.
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Lee
Ultra Nomad
   
Posts: 3583
Registered: 10-2-2006
Location: High in the Colorado Rockies
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Quote: Originally posted by oxxo  |
Even though this post is 3 months old, it is still as nonsensical now as it was then. The poster obviously doesn't know any environmentalists!
After 20 years of owning property in the Los Cabos area, I have put my property for sale and getting out as far as being a fideicomiso owner. And I
do remember what a treasure Todos Santos was 20 years ago.
The reasons are numerous but in a sort of prioritized listing as follows:
- My health insurance is only valid in the US and only valid for "emergencies" in Mexico. As I age up, new health issues seem to crop up on a more
regular basis and I need to be closer to my regular doctors.
- It is difficult to get my medications to Mexico on a dependable basis. I do not trust Mexican prescriptions from China.
- I am getting older and don't have as much stamina and interest in maintaining a residence in Mexico (which can be a full time job if you do
everything yourself).
- Most of my friends from 20 years ago, both Mexican and expat, have either died, abandoned their life in Mexico, or moved to other distant Mexican
locations. Nobody's home anymore.
- Baja California is experiencing tremendous growth by Mexicans moving to Baja for available working options (the place is booming) and/or escaping
cartel gang violence AND the gentrification of Baja by immigration of expatriates from the US and Canada who are looking for a retirement paradise on
the cheap (sound familiar?) Local Baja governments are not keeping up with the commensurate need for expanded infrastructure. Roads, electricity,
water, sewage are becoming critical issues in my area and it appears that little is being done about it. It is becoming VERY crowded year round.
- It is getting VERY expensive to live in the Los Cabos area. According to the G.G., Los Cabos is now the most expensive place to live in Mexico.
People who are moving in, both nationals and expats, seem to have more money to spend on "luxuries" (USD $100 for dinner at a hotel on the beach? no
problema) and that mindset is foreign to me compared to 20 years ago.
- More and more Mexicans from D.F. and Guadalajara are moving in. I do not enjoy the type of attitude they bring as opposed to the local Choyero
attitude I first encountered here.
- Although cartel violence is not visible in Los Cabos, the Sinaloa gang has a large invisible presence here and they are paid off by the local
governments, hotel industry, and fishing industry, among others. All it will take is one incident of major violence and the local economy will start
to collapse like it did in Acapulco and other places in Mexico.
It is time for me to get out, while the getting is good. I will still visit Baja in the future but it will probably be limited to one week trips from
Southern California to the Ensenada, Tecate, San Filipe areas in my BEV. AND I WILL STILL BE PROUD TO CALL MYSELF AN ENVIRONMENTALIST, not perfect,
but always trying to do better. |
Wow. Go for it hombre. Safe travels and success where you land.
US Marines: providing enemies of America an opportunity to die for their country since 1775.
What I say before any important decision.
F*ck it.
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oxxo
Banned
Posts: 2347
Registered: 5-17-2006
Location: Wherever I am, I'm there
Member Is Offline
Mood: If I was feeling any better, I'd be twins!
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@Lee, gracias amigo. "Wherever I am, I'm there."
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pauldavidmena
Super Nomad
  
Posts: 1736
Registered: 5-23-2013
Location: Centerville, MA, USA
Member Is Offline
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They mention a "leisurely walk" to both La Pastora and the Green Room, but they didn't mention north or south. Either way, it's definitely a chore to
drive on Playitas as it gets more and more crowded. I believe that area is off the grid, but I could be wrong.
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