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Americans Go Ga-ga For Baja [California] (Bargain Oceanfront Mexican Properties Alert)
Chicago Tribune ^ | 10/15/06 | Michael Martinez

Posted on 10/15/2006 4:55:15 PM PDT by goldstategop

LA MISION, Mexico -- Every weekend, Carmen Tetelboin joins the Baja boom.

After work on Fridays, the Los Angeles resident drives four hours across the border to Baja California, where life is so good and living so cheap, it beats the other California, she contends.

Owning a condo on the coast, she and her husband are part of an American colony exploding during the past five years along 75 miles of pristine beaches, cliffs and towns south of Tijuana. What's drawing them are oceanfront homes at a fraction of the multimillion-dollar prices on the U.S. side.

A native of Chile who is bilingual and a U.S. citizen, Tetelboin jokingly calls this swath of Americans "gringolandia."

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; Mexico; News/Current Events
KEYWORDS: bajacalifornia; chicagotribune; gringolandia; ladolcevita; mexico; mexicorealestate; oceanfrontproperties; yanksinmexico
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[Love Boat Theme] "The living is cool, the air is sweet, the sea is blue, the sight is wondrous - all your cares floated away to heaven, where the living is true... in Baja!"

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

1 posted on 10/15/2006 4:55:16 PM PDT by goldstategop
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To: goldstategop

Sound like a good deal, until a commie gets elected and natioanlizes everything.


2 posted on 10/15/2006 4:58:31 PM PDT by lesser_satan (EKTHELTHIOR!!!)
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To: goldstategop

I guess turn about is fair play?


3 posted on 10/15/2006 4:58:59 PM PDT by Bringbackthedraft
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To: goldstategop
Been there, done that, got one, in Lapaz, it's not exactly all it's cracked up to be, but it's nice when you can get there.
4 posted on 10/15/2006 4:58:59 PM PDT by xcamel (Press to Test, Release to Detonate)
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To: goldstategop

The beaches on the east side of Mexico are nice, too.


5 posted on 10/15/2006 5:00:23 PM PDT by familyop (Essayons)
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To: lesser_satan
Basically, you buy a real estate trust from a Mexican bank that holds the property for you for up to 50 years... and can be passed onto your heirs. Its gorgeous scenery and you get a multimillion dollar ocean view for a fraction of the price in California. And the cost of living is cheap in Mexico.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II

6 posted on 10/15/2006 5:00:46 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: goldstategop
Owning a condo on the coast, she and her husband are part of an American colony
 
Until the Mexican Government expropriates it.

7 posted on 10/15/2006 5:01:42 PM PDT by Wolverine (A Concerned Citizen)
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To: Wolverine
There's always that risk. Still the Mexicans are getting American dollars and taxes remitted to their treasury. So why wouldn't they welcome Americans? As much we detest illegal aliens, there's something good to be said for open borders: Mexico is a great investment opportunity. Too good to pass up.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II

8 posted on 10/15/2006 5:04:06 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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Comment #9 Removed by Moderator

To: lesser_satan

You can't OWN oceanfront property...they can always come and take it away...so if you're a gambler, go for it. We have friends who have a great place and they love it.


10 posted on 10/15/2006 5:05:28 PM PDT by Hildy
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To: xcamel
Every one still speaks English. You'd never know you left America. LOL

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II

11 posted on 10/15/2006 5:06:32 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: Hildy
Foreigners can't own property in Mexico. But a fictitious Mexican citizen can own it for them.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II

12 posted on 10/15/2006 5:07:45 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: goldstategop

the Fidi is held by a bank, not a "fake person"


13 posted on 10/15/2006 5:09:04 PM PDT by xcamel (Press to Test, Release to Detonate)
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To: John Williams

Now I could go for that - and kick out aeromexico etc etc and get some real flights other than to Cabo


14 posted on 10/15/2006 5:10:32 PM PDT by xcamel (Press to Test, Release to Detonate)
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To: goldstategop

Living here in San Diego we hear more the reality of what is going on.

A couple who are neighbors in my apt. bldg. have a condo in Baja. They moved out of the condo to the Apt. here because as they say, they don't want to be there when the revolution comes.

On the various local news stations here over the years have had horror stories of Mex. Gov. taking over property from Americans.

In the past some months in Baja ther have been more beheadings.


15 posted on 10/15/2006 5:12:25 PM PDT by SoCalPol (We Need A Border Fence Now)
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To: xcamel
Corporate persons are citizens... so yes, they are Mexican citizens even if not living and so its a perfectly legal arrangement under Mexican law.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II

16 posted on 10/15/2006 5:13:16 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: SoCalPol
Tijuana is an eyesore. But if you drive 50 to 75 miles beyond that, you're looking at sun-kissed country of unsurpassed beauty... little population and largely free of crime. No wonder Americans are cottoning down to the Unknown Baja.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II

17 posted on 10/15/2006 5:15:01 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: SoCalPol

There has been some pretty nasty stuff happening on the border for many years. Things you are not hearing about in the media.


18 posted on 10/15/2006 5:17:57 PM PDT by isthisnickcool (Sliding butt stock, carry handle, gas operated. Named after a horse. What am I?)
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To: isthisnickcool

I live approx 15 miles north from the largest and busiest border crossing in the world. Tell me about it.

The open border and don't bother me with the illegals crowd are no different from the cut and run Liberals.


19 posted on 10/15/2006 5:23:19 PM PDT by SoCalPol (We Need A Border Fence Now)
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To: goldstategop

My husband's uncle has had a place there for over ten yrs. He can only lease the land and he can't build a permanent structure but they love it down there.


20 posted on 10/15/2006 5:29:33 PM PDT by tiki
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To: goldstategop

Plenty of crime going on south of TJ.
It is all Mexico, corrupt and left wing.

Plenty of beautiful beaches here in San Diego.


21 posted on 10/15/2006 5:29:36 PM PDT by SoCalPol (We Need A Border Fence Now)
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To: goldstategop

There are actually ways to own without being a citizen but you have to know the ins and outs, and I don't. My niece has dual citizenship Mexican-US. Her dad is a lawyer and wanted Mexican property so he made sure she was born in Mexico.


22 posted on 10/15/2006 5:31:58 PM PDT by tiki
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To: goldstategop

Note that the people in this article are comparing California real estate to Mexican real estate. No wonder things look cheap.


23 posted on 10/15/2006 5:32:03 PM PDT by isthisnickcool (Sliding butt stock, carry handle, gas operated. Named after a horse. What am I?)
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To: SoCalPol

How much is the average price for San Diego beachfront property?

My guess is it's $3 million or more, just like Newport Beach :-(.

Either get your beachfront in another country, or dream about it and never afford it.

I'm thinking of the Philippines myself, but it's the same principle ...

D


24 posted on 10/15/2006 6:02:08 PM PDT by daviddennis
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To: goldstategop

This story got a lot of attention a few years ago:

- Americans Face Eviction From Baja Resort Homes; 150 homeowners, many of them California retirees, are caught up in a complex land grant dispute -

September 3, 1999 - "In a hard-luck case that illustrates the perils of owning Mexican real estate, about 150 Baja California homeowners, most of them U.S. citizens from Southern California, face mass eviction on Oct. 11 from a picturesque beachfront development just south of here, homes in which many have invested their life savings.

The looming evictions at the surf-side community known as Punta Banda, 85 miles south of the U.S.-Mexico border, provide a wrenching example of how life in Mexico can turn risky or even tragic. U.S. tourists are increasingly caught up in a wave of carjackings and kidnappings sweeping Mexico, and just last month three U.S. residents in Baja California were slain in separate robbery incidents.

The pending loss of the Punta Banda homes, ranging in value from $50,000 to upward of $1 million each, is a cautionary tale for Americans who are thinking about buying permanent or vacation residences in Mexico.
It should also cause the estimated 63,000 Americans who already own property in Baja California to reflect on how ownership can be like the shifting white sands of the beaches here, and how powerless U.S. authorities are to intervene when disputes arise.

So, if the 150 Punta Banda homeowners are evicted from their homes next month, they would not be the first Americans to lose their shirts in Mexico.

But the scheduled action could rank as Mexico's largest single eviction of U.S. homeowners on record, with about $25 million worth of property involved.

It certainly would stand as one of the most heart-rending, since many of those facing eviction are elderly retirees with no other place to call home.

"We wouldn't have enough to buy another house if we lose this," said Alejandro Sanchez, 67, a retired Yuma, Ariz., bank executive who lives at Punta Banda full time. He was one of 40 homeowners who attended a meeting with an attorney at the development Wednesday to discuss their options. "We put most of our money into this."

"To have us sitting here with our stomachs in a knot, not knowing what will happen next, it's so mentally confusing that people, myself included, are walking around in a daze," said Grant Hoel, 78, a San Juan Capistrano retiree who has owned a house here since 1996.

"I feel terrible, haven't slept for weeks now, worried about this whole situation," said Marcel Boussala, 72, a retired real estate developer from Los Angeles who stands to lose the $600,000 he has invested in a home and three lots. "There are so many people who have nothing except these homes."

Like many of Punta Banda's residents, Joe Maruca, superintendent of the Imperial Unified School District in El Centro, never thought it would come to this.

He will retire from his post this month and was planning to spend his golden years at the Mexican beach house, for which he paid $80,000 cash in 1996. Now, he says, he's "sitting here holding the bag."


25 posted on 10/15/2006 6:04:40 PM PDT by concentric circles
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To: daviddennis

I guess it is how much you respect yourself.
Since I am near some of the best beaches in the U.S.
that is good enough for me.
If the property was free in Baja, I wouldn't touch it.
Well south of TJ, plenty is going on and not good.

Enjoy the Philippines, Al-Qaida and Marxist groups doing the same there as in the Middle East.


26 posted on 10/15/2006 6:18:33 PM PDT by SoCalPol (We Need A Border Fence Now)
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To: goldstategop

Until they come to take over your property.


27 posted on 10/15/2006 6:26:49 PM PDT by freekitty
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To: lesser_satan

you are exactly right. I have clients who occasionally mention Costa Rica, Mexico and other dictator run countries for investments. My two questions are: 1. How much are you going to use the property yourself? 2. How much are you willing to lose when the dictator du jour decides to use foreignors as the new place to get taxes from and levies a huge tax against property ownership and makes your property unsellable?


28 posted on 10/15/2006 6:39:01 PM PDT by bpjam (Hezbollah, Hamas, Al Qaida - The Religion of Peace)
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To: bpjam
I agree. It depends on where you want to invest. If its unstable country a revolution around the corner could wipe everything out. Caveat emptor.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II

29 posted on 10/15/2006 6:44:37 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: bpjam

It's obvious you know nothing about Costa Rica.


30 posted on 10/15/2006 6:59:19 PM PDT by Balata
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To: goldstategop

Mexico does not allow foreigners to own land. There is something wrong here.


31 posted on 10/15/2006 7:08:48 PM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: longtermmemmory
OWN. But nothing in the Mexican Constitution or laws prohibits foreigners from LEASING or RENTING land from Mexicans. That's how Americans can acquire property in Mexico. They don't actually own it - they're sort of trustees for the places they live in, so to speak.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II

32 posted on 10/15/2006 7:10:42 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: concentric circles
re: THOSE evictions... it was tragic for the retirees, but what did Mexico do differently than any other country would do? These people had been cheated, and were receivers of stolen goods which had to be returned to the rightful owners.

Same as if X steals my car, changes the title and leases it to Y. Y may have fixed the car, but it's my car, still and I can get it back under the law.

33 posted on 10/15/2006 7:15:16 PM PDT by rpgdfmx
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To: goldstategop

I'd rather live in Belize...or Costa Rica. I'll be damned if I'll support anything or anyone from Messssico.


34 posted on 10/15/2006 7:57:53 PM PDT by taxed2death (A few billion here, a few trillion there...we're all friends right?)
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To: freekitty
Two words

Eminent Domain

Property theft happens Stateside all too often as well. OTOH, I don't especially habla Es-spain-ola real good, but then my English reeks as well.
35 posted on 10/15/2006 8:22:01 PM PDT by ASOC (The phrase "What if" or "If only" are for children.)
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To: goldstategop

As I understand it, only citizens of Mexico can OWN land in Mexico?


36 posted on 10/15/2006 8:23:16 PM PDT by bannie
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To: goldstategop

I saw pictures of Baja California. The place is flat-out beautiful. It's like paradise. President Polk should have annexed the land in addition to the Southwest.


37 posted on 10/15/2006 8:24:37 PM PDT by Extremely Extreme Extremist
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To: bpjam
Uh, Costa Rica isn't run by a dictator. They have the most stable government in the Western Hemisphere after ours and Canada.

CR is another treasure.

38 posted on 10/15/2006 8:26:44 PM PDT by Extremely Extreme Extremist
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To: daviddennis; SoCalPol; goldstategop

I'd prefer the Dominican Republic or the Corn Islands (Nicaragua) for beachfront property, Costa Rica and Panama (Boquete) for my ranch. In all of the above, I can own the land outright.


39 posted on 10/15/2006 8:34:45 PM PDT by Clemenza (Lets Go Mets!!!)
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To: bpjam
Costa Rica has been a model democracy since the Civil War in 1948. Its literacy rate in comparable to that of the United States. It doesn't even have an army!

Oh, and it is perfectly legal for noncitizens to own firearms and get a concealed weapons permit!

40 posted on 10/15/2006 8:36:26 PM PDT by Clemenza (Lets Go Mets!!!)
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To: goldstategop

Baja traffic...

41 posted on 10/15/2006 8:38:51 PM PDT by endthematrix (“Anyone who describes Islam as a religion as intolerant encourages violence.”)
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To: Bringbackthedraft
I guess turn about is fair play?>>>>>>>>>

Yup! We get 20 per cent of the Mexican population and we get bargain condos on 75 miles of gringolandia?

Turn about would mean say, the annexation of Baja and the northern tier of Mexican provinces. Then I would agree that there is a balanced turn about.

42 posted on 10/15/2006 8:55:07 PM PDT by Candor7 (Into Liberal flatulance goes the best hope of the West, and who wants to be a smart feller?)
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To: goldstategop

Only a fool would invest in Mexico.


43 posted on 10/15/2006 9:10:28 PM PDT by MistrX
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To: concentric circles
As usual, all the bad things here are said about Punta Banda without saying all the STUPID things that the expats did there to get themselves into the soup. See here and here for other perspectives on the mess besides the 'poor old seniors' article.
44 posted on 10/15/2006 10:59:35 PM PDT by LibertarianInExile (Mark Foley is what happens when personal character isn't relevant to voters or party leaders.)
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To: lesser_satan
Sound like a good deal, until a commie gets elected and natioanlizes everything.

Ding! That's the correct answer. Of course, let's not forget the MS-13 lawlessness.

45 posted on 10/15/2006 11:11:49 PM PDT by stillonaroll
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To: bannie
Yes, that's correct. But foreigners can rent or lease land in Mexico. Its considered foreign investment.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

46 posted on 10/15/2006 11:15:45 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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To: goldstategop

Watch out for the bubble :)


47 posted on 10/16/2006 2:25:31 AM PDT by sully777 (You have flies in your eyes--Catch-22)
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To: goldstategop
"We complain about Mexicans illegally crossing the border for a $6-an-hour job ... in an attempt to take back the country, when in fact we're buying Mexico one lot at a time," said Patrick Osio, 68, of Chula Vista, Calif., a former consultant who leads conferences on Baja real estate.

He's joking, right. Comparing illegally entering our country to legally buying homes in theirs is ridiculous.

48 posted on 10/16/2006 2:37:09 AM PDT by TankerKC (Step Back! Doors Closing.)
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To: daviddennis
Either get your beachfront in another country, or dream about it and never afford it.

Not true. I have bought an oceanfront lot and an oceanfront condo in NC. Very affordable.
49 posted on 10/16/2006 2:49:52 AM PDT by Kozak (Anti Shahada: " There is no God named Allah, and Muhammed is his False Prophet")
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To: SoCalPol
Plenty of beautiful beaches here in San Diego - corrupt and left wing.

There, that looks right now...

50 posted on 10/16/2006 3:39:47 AM PDT by xcamel (Press to Test, Release to Detonate)
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