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Author: Subject: House 4 Sale in Asuncion...$12,000
shari
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[*] posted on 6-28-2010 at 10:37 AM
House 4 Sale in Asuncion...$12,000


A fisherman friend of ours is moving to San Hipolito and needs to sell his house fast. He was just building it so the back half is done and his family has been living in it for a year so it has power & water...It is a wood house with 2 bedrooms, kitchen/dining area and bathroom with septic so far...the plan was to build the living room out on the front of it. it's not fancy but a great start and high ceiling and can be stucco'd...great neighbours too.

It is one block up from the beach in the middle of town on a 525 square meter lot. I'll go take some pics today. U2U me if interested.




for info & pics of our little paradise & whale watching info
http://www.bahiaasuncion.com/
https://www.whalemagictours.com/
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shari
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[*] posted on 6-29-2010 at 08:33 AM


a bit more info on this house...the bedrooms are drywalled, some trees and bushes planted on the roomy lot. It looks rustic but with a little imagination and stucco it would be fine.

The value is in the lot, foundation, water, power hook up, windows and all the wood and concrete floor in the house. It has a clear title issued by Sta.Rosalia Municiple office so easily transfered into a fideicomiso.

You could build a front room onto it to finish it off, plaster and you're ready to roll. This is a steal!

Lot prices skyrocketed here a few months ago...went from around 25 pesos a square meter up to 250 pesos per square meter as it was designated a tourist area...so doing the math, a 525 square meter lot is 131,250 pesos...dang...which makes this house a great deal.



[Edited on 6-29-2010 by shari]




for info & pics of our little paradise & whale watching info
http://www.bahiaasuncion.com/
https://www.whalemagictours.com/
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pepino
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[*] posted on 6-29-2010 at 09:23 AM


A true BCS fixer-upper:)
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Bajahowodd
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[*] posted on 6-29-2010 at 12:11 PM


'The value is in the lot, foundation, water, power hook up, windows and all the wood and concrete floor in the house. It has a clear title issued by Sta.Rosalia Municiple office so easily transfered into a fideicomiso."

Windows? I don't see no stinking windows!
:P
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KAT54
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[*] posted on 6-29-2010 at 02:49 PM


$12k?
Would not it be better and lees headaches to get a trailer?
Why would you want to live in there?
Do foriengers really check their brains at the border?
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kaybaj
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[*] posted on 6-29-2010 at 03:03 PM


yup and i'm better off :spingrin:
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k-rico
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[*] posted on 6-29-2010 at 03:09 PM


kaybaj - hahaha :tumble:

[Edited on 6-29-2010 by k-rico]




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noproblemo2
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[*] posted on 6-29-2010 at 04:10 PM


Quote:
Originally posted by KAT54
$12k?
Would not it be better and lees headaches to get a trailer?
Why would you want to live in there?
Do foriengers really check their brains at the border?


Maybe the ones who don't realize a good deal when they see one. Anyone who has spent time down here will realize that the place has loads of potential, dreams, it's what Baja is to some, others come here expecting things to be as they were in the states, those are the ones that usually do not last long here.




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[*] posted on 6-29-2010 at 04:19 PM


Noproblemo2

Are you saying I can't have a 2 story structure with upper decks
facing both the sunrise and sunset and overlooking the stone sweeping staircase that comes onto the lower part of the property all for 12,000 dollars????

Whoever picks this one up Shari has something real to work with




sold out and got out !!!
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noproblemo2
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[*] posted on 6-29-2010 at 04:33 PM


Quote:
Originally posted by Timo1
Noproblemo2

Are you saying I can't have a 2 story structure with upper decks
facing both the sunrise and sunset and overlooking the stone sweeping staircase that comes onto the lower part of the property all for 12,000 dollars????

Whoever picks this one up Shari has something real to work with

Hardly, I am saying that the house is chock full of all possibility, a second level, upper decks facing in a circumfurance even, while overlooking that sweeping stone staircase or you could go tile,.....you just may need to add a few $$$$ and your own ideas to make it your way, as many of us here have done..




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[*] posted on 6-29-2010 at 04:45 PM


Quote:
Originally posted by shari
Lot prices skyrocketed here a few months ago...went from around 25 pesos a square meter up to 250 pesos per square meter as it was designated a tourist area...


wow! 10x increase in a few months? i assume you mean asking prices went up -- can't imagine actual sales prices changed so fast

what do you mean by "designated" a tourist area? is that something official, or just a perception amonsgst sellers?
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[*] posted on 6-29-2010 at 04:51 PM


Great to see the RE market dream homes at realistic prices for families that want to lay down some roots.

Shari, here's a thought, could you provide the ROI based on typical monthly rental income for a BA home, and comment on the growth potential based on current appreciation/year averages?

Say you could post an excel doc doing a casa by case appreciation per capita/region and post those on a regular weekly basis to our waiting wealthy capitalized Nomad base, we can upsell the regional tourism benefits and sell the ShariReport Newsletter via our Nomad Collective RE Guide, go IPO, sell futures and shorts, pump up the high risk undocumented loans... whoa what the. jaja
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[*] posted on 6-29-2010 at 05:11 PM


Quote:
Originally posted by noproblemo2
Quote:
Originally posted by Timo1
Noproblemo2

Are you saying I can't have a 2 story structure with upper decks
facing both the sunrise and sunset and overlooking the stone sweeping staircase that comes onto the lower part of the property all for 12,000 dollars????

Whoever picks this one up Shari has something real to work with

Hardly, I am saying that the house is chock full of all possibility, a second level, upper decks facing in a circumfurance even, while overlooking that sweeping stone staircase or you could go tile,.....you just may need to add a few $$$$ and your own ideas to make it your way, as many of us here have done..

It would have more possibilities if it were concrete block. Is wood the preferred material in that area?




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[*] posted on 6-29-2010 at 05:13 PM


Quote:
Originally posted by Woooosh

It would have more possibilities if it were concrete block. Is wood the preferred material in that area?





It is if you are a termite!!!!! :lol:




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noproblemo2
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[*] posted on 6-29-2010 at 05:47 PM


Concrete slab is there, put up brick or block or stone walls............. Got a great pro on those stone rooms nearby too..



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shari
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[*] posted on 6-29-2010 at 08:23 PM
fixer upper


Actually it is the price per meter that is set by the municipality that has gone way up so anyone wanting to just buy a vacant lot from the village will have to pay that new price....luckily the owner of this house got the lot at the old price so passes the savings onto you. Many people who are selling now (even though they got the lot at the old price) are jacking up the prices to reflect the change...so it's a deal when you can get something at the old prices.

I will try to post some pics of dilapidated old shacks in WAY worse shape than this one that people here have bought then fixed up...way nice!! Like I said with some imagination and $, this place has alot of potential. Some Canadians bought the house across the street and made it gorgeous.

many people build of wood then plaster outside and either drywall or plaster inside too making it very strong and beautiful...easy and there are excellent workers that charge reasonable prices. the bedrooms already have drywall and windows...here is a back view.

I'd build a biga$$ front room and wrap around patio outside with a garage on the street side that just might have a little apartment up on top to take advantage of the ocean view.


[Edited on 6-30-2010 by shari]




for info & pics of our little paradise & whale watching info
http://www.bahiaasuncion.com/
https://www.whalemagictours.com/
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noproblemo2
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[*] posted on 6-29-2010 at 08:26 PM


Much better overview of the houses size. Thanks Shari..



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shari
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[*] posted on 6-29-2010 at 08:41 PM


it would be an awesome view of the ocean with something built up on a 2nd story.

Here is an example of using your imagination. I saw this house and knew it had potential. Many of you have stayed in this house....know which one it is?


this was the bathroom


and this is the Beach House now.


We have bought a few fixer uppers as they are better deals because they already have alot of money invested in the foundation, floors, wood, water and power systems etc...so it's way cheaper than starting from scratch...even if you just take down the wood, you can use it for your roof, or garage whatever.




for info & pics of our little paradise & whale watching info
http://www.bahiaasuncion.com/
https://www.whalemagictours.com/
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[*] posted on 6-29-2010 at 09:02 PM


before seeing the last photo I knew the outhouse .....and have walked the thirty seconds it takes to get to the oceans edge
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shari
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[*] posted on 6-30-2010 at 07:22 AM


Another bonus about buying an established place in town is that the neighbours are already there and chances are nobody will build a huge place in front of you...plus they keep an eye on your place when you arent here AND bring you great food all the time...right Bajaboy? (You should have seen the shack he bought and fixed up oh so cute!!)



for info & pics of our little paradise & whale watching info
http://www.bahiaasuncion.com/
https://www.whalemagictours.com/
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