Hook
Elite Nomad
Posts: 9010
Registered: 3-13-2004
Location: Sonora
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Large El Dorado Ranch ad in LA TIMES
It was a 1/3 page ad, touting sales of lots in El Dorado. Really made it sound like direct ownership of the land was a reality. No mention of
fidecomiso that I saw.
You San Felipe guys, you're becoming the Loreto of the north.
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TMW
Select Nomad
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Registered: 9-1-2003
Location: Bakersfield, CA
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They have a rep come up here almost every year. This year they were at the RV/Boat show at the fair grounds to give an overview and get you to come to
a more formal meeting over dinner as a group. A couple of years ago my wife and I attended a group meeting with them at the Holiday Inn downtown.
There were about 40-50 people there. At that time they were selling lots in the developed area for $20,000. To build a 3 bedroom house around $80,000.
At the RV show a couple of weeks ago the guy at the booth said a lot was going for $40,000 and that a 3 bedroom house would cost around $120,000 to
build.
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Hook
Elite Nomad
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That's still pretty reasonable, given the price of California land/homes.
How big are the lots?
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bancoduo
Banned
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Location: el carcel publico mazatlan sin.
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not so fast
http://www.eldoradohomeowners.com
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TMW
Select Nomad
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Location: Bakersfield, CA
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I looked at everything on that link and I did not see anything about what a lot cost or what it would cost to build a house. Lot's of stuff about a
$3750 fee paid and how and why to join the home owners assc.
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bajalou
Ultra Nomad
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Tom, that website is from a group of owners that disagreed with some El Dorado policies etc.
No Bad Days
\"Never argue with an idiot. People watching may not be able to tell the difference\"
\"The trouble with doing nothing is - how do I know when I\'m done?\"
Nomad Baja Interactive map
And in the San Felipe area - check out Valle Chico area |
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burro bob
Nomad
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Location: Poblado del Ejido Plan National Agrario
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Hook
Lets get this straight right now. You Loreto guys are becoming the El Dorado of the south.
You might have had a mission or two before we did, but our mega-developers were here before yours.
El Dorado has been advertising in the LA area for a long time.
If you come down to take a look at what El Dorado offers, try to sneak away for a while and check out all the other options in San Felipe. There are
lots of different properties in the area. Not trying to bad mouth EDR. For some people it is exactly what they are looking for. For others like me,
its easy to find someplace else they are comfortable with.
El Dorado has many different types of developments. Lot prices vary greatly depending on whether power or water will ever be available. The prices on
the Golf course are astronomical.
The $3,750 refers to the amount people like me, that already had a lot with the remainder of the 30 year lease, would have had to pay to become part
of the El Dorado master trust. That figure was only good for like a year. It is now over $6,000. It still does not give you a private Fedecomiso, just
part of El Dorados master one.
burro bob
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Hook
Elite Nomad
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I have no burro in this race, Bob. I am still dwelling stateside; no place in Loreto.
You make good points on the development.
I just thought the ad was disingenuous about ownership in Mexico. It made it sound like out and out ownership had arrived.
No doubt about it; SF is going to boom. It's proximity and it's waterfont guarantee that.
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baja829
Nomad
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"El Dorado has many different types of developments.
Lot prices vary greatly depending on whether power or
water will ever be available. "
Above quoted from Burro Bob's comments:
It's true, there are many different types of developments at present at El Dorado and in the North and South of San Felipe.
However, water IS available to every El Dorado lot which has been sold, or in the planning stages. Power is also available everywhere, except in
solar sites, which are completely separate from electrical sites.
Those little differences, do make a difference and I still wish the place could stay the way it was, but that train left a few years back. It's just
too beautiful a seaside place with a great open desert to explore. EDR is just one developer of many more to come.
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bajalou
Ultra Nomad
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Location: South of the broder
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| Quote: | Originally posted by baja829
"
However, water IS available to every El Dorado lot which has been sold, or in the planning stages. Power is also available everywhere, except in
solar sites, which are completely separate from electrical sites.
|
Sorry about that but water IS NOT available to "every El Dorado lot which has been sole or in the planning stages."
I've lived in El Dorado for several years and water is only available by having it hauled in by the truckload.
No Bad Days
\"Never argue with an idiot. People watching may not be able to tell the difference\"
\"The trouble with doing nothing is - how do I know when I\'m done?\"
Nomad Baja Interactive map
And in the San Felipe area - check out Valle Chico area |
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
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| Quote: | Originally posted by bajalou
| Quote: | Originally posted by baja829
"
However, water IS available to every El Dorado lot which has been sold, or in the planning stages. Power is also available everywhere, except in
solar sites, which are completely separate from electrical sites.
|
Sorry about that but water IS NOT available to "every El Dorado lot which has been sole or in the planning stages."
I've lived in El Dorado for several years and water is only available by having it hauled in by the truckload. |
First question one must ask, and probably the most important one, when looking to buy property in Mexico....
What is the status of water availability to property line? In most cases outside of established cities is that it is trucked in. If you can't live
with that situation maybe Baja is not for you!
And if you're told otherwise don't assume thats the truth, until you confirm it independently yourself.
We have piped water with a meter to our lot. Where does it come from? A large concrete storage container (pila) that is filled by trucks coming from
various wells. Is that a risk? Hell yes. But that is the reality throughout much of Baja. One were willing to live with, as I'm sure Bajalou is
also.
Ken
[Edited on 3-6-2007 by tripledigitken]
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