Category Archives: baja real estate agents

Study: Words in Listing Ads Can Boost Sales Price

The words that real estate professionals choose to describe a property in listing ads could potentially result in the home selling for a premium, suggests an analysis that looks at listing descriptions and their effect on sales price and probability of sale. For example, property descriptor words in listing ads, like granite countertops and wood-burning fireplace, can help net higher sales prices.

Study: Words in Listing Ads Can Boost Sales Price

Study: Words in Listing Ads Can Boost Sales Price

Researcher Bennie Waller, a professor of finance and real estate at Longwood University in Farmville, Va., found that each property characteristic mentioned in a listing increases the sale price by just under 1 percent and it’s probability of selling by, on average, 9.2 percent.

“That means a listing with 15 additional property characteristics sells for roughly a 13.5 percent price premium,” says Waller, who excluded standard features in his analysis, such as bedrooms. Waller and his co-authors examined more than 16,300 transactions between March 2000 and February 2009 from a south central Virginia MLS. read more »

Housing inventory not much of an issue in northern Baja California, broker Kathy Katz says

 

Housing inventory not much of an issue in northern Baja California, broker Kathy Katz says

By GLENN GRANT, Special to The Daily Transcript
Tuesday, June 17, 2014

Katz-Kathy-WEB-cropped

Sales have doubled each of the past three years at Baja Real Estate Group in Rosarito Beach and Ensenada, says broker/co-owner Kathy Katz. Courtesy photo

Low housing inventory is a challenge for most San Diego County real estate firms. But it’s a different story just south of the border.

“We have great inventory in northern Baja California,” said Kathy Katz, broker and co-owner with husband Max Katz at Baja Real Estate Group in Rosarito Beach and Ensenada. “There’s been a lot of developer-financed new construction the past few years, but because we got hit by the economy along with everybody else, we have new standing inventory.”

Americans by birth, the Katzes have lived and worked in northern Baja for more than 20 years. They have a second home in Chula Vista but raised their children in Rosarito Beach, where they’re active in community affairs and among other Americans who live in the coastal city.

“I was doing vacation rentals in Rosarito, then met up with a developer and started re-launching his condos,” Kathy Katz said. “I was always in sales, so I guess this was my calling.”

The firm has clients in the United States, Baja and the Mexican interior, and prides itself on educating them about property ownership along the border. A client-relations staff member was recently hired to funnel prospective buyers to agents and help them make informed decisions.

The firm’s eight agents also help clear up prospective buyers’ apprehensions and beliefs about Mexican laws regarding foreign ownership, such as the 99-year land lease.

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10 Best Wine Travel Destinations 2014

 

Valle de Guadalupe/Baja California, Mexico
—Michael Shachner

Valle de Guadalupe/Baja California, Mexico

What’s that, they make wine in Mexico? Indeed, they do—have for centuries—and not just sacramental wine and plonk. In the northern reaches of Baja California, along Route 3 in the Guadalupe Valley, the quality of wine has risen over the past two decades. Wineries here have teamed up with chefs and hoteliers to create Baja’s very own Ruta del Vino (wine route). Less than two hours from San Diego, the Valle de Guadalupe, anchored by the city of Ensenada, has moved past its Tequila-and-Tecate roots to ones based on the grape. Head south of the border for a wine-and-travel experience you won’t forget. —Michael Shachner

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Mexican FolkArt Market 2013 in Rosarito Beach

Mexican FolkArt Market 2013 in Rosarito Beach

The Mexican FolkArt Market 2013, on its first ever edition, took place on the 9th & 10th of November. The cultural event featured Top Mexican Artisans from all over the country showcasing their art and crafts.
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Looking to rent a car in California to drive to Mexico

Looking to rent a car in California to drive to Mexico

You must have so many  questions, hopefully the following will help answer all your questions.

Is Mexico safe and should I be worried? When talking about Mexico, many people do not understand that there is Mainland Mexico and Baja Mexico. Mainland Mexico has many wonderful areas, but has had its share of bad publicity for shootings and drug cartel action, most of which takes place in Juarez, Mexico.

How far can I travel into Mexico with your vehicles? We let you drive all the way to Cabo San Lucas, Mexico which is the tip of the Baja Peninsula. Most car rental agencies only let you travel as far as Ensenada, which is only 70 miles south of the border. Cabaja lets you explore the entire Baja Peninsula, and even go into mainland Mexico.

Looking to rent a car in California to drive to Mexico

Looking to rent a car in California to drive to Mexico

Do you offer unlimited miles when driving into Mexico? We do not offer unlimited miles but we do give you a certain amount of free miles with every rental. The amount of free miles is based on the length of your rental period.

Do you have restrictions on what type of vehicle you allow into Mexico? No, you’re allowed to drive into Mexico with any one of the vehicles in our fleet. Most car rental agencies only let small or midsize cars cross the border.

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ROSARITO AND ENSENADA ADVENTURES

ROSARITO AND ENSENADA ADVENTURES – Rides in Rosarito, dining in Ensenada offer memorable views and moments south of the border
By Wendy Lemlin Oct. 13, 2013

If you go – Getting there

Cross the border at San Ysidro and bear to the right, following signs for Rosarito-Ensenada Scenic Road and then signs for Ensenada Cuota. For the Rosarito Beach Hotel and Susanna’s, take the third Rosarito exit, and continue straight to Blvd. Benito Juarez.

Returning to the U.S.

Important: You must have a valid passport to re-enter the United States.

Some hotels and restaurants, including the Rosarito Beach Hotel and Susanna, offer a one-time “Fast Pass” allowing access to the faster, specifically designated border lanes.

Ensenada lodging
Casa Natalie: Hotelncasanatalie.com/English.
Hotel Coral & Marina: Hotelcoral.com
Rosarito Beach lodging
Rosarito Beach Hotel: RosaritoBeachHotel.com
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Talks Of Ownership Laws in Mexico Generate Surge in Real Estate Sales

Changes to foreign ownership laws in Mexico expected to generate a surge in sales
The historical amendment to Mexican Constitutions´ 27th Article, has stirred the interest in   properties along the Baja Riviera, as evidenced by the surge of real-estate activity along the Northern Baja Coast. “We have seen an important increase in the number of inquiries by potential clients since discussion about the reform hit international media outlets”, said Maday Valdenegro, Sales Manager at Santa Barbara in Bajamar.

Manlio Fabio Beltrones - Mexican Federal Senator

Manlio Fabio Beltrones – Mexican Federal Senator

The amendment to article 27 was approved by the Mexican Senate on April 23rd, “but it still needs to be approved by a majority of Congresses of each of the States in Mexico for a reform of the law to be final”, noted   Javier Troncoso, an Attorney at Law based in Los Cabos

The reform would now allow foreigners to acquire real estate within the “Restricted Zone” (100 kilometers wide from the borders and 50 kilometers wide from the coastal shores).

“Historically, once an amendment has passed in the Mexican Senate, the State Congresses have approved it. An amendment to the Law of Foreign Ownership would still be needed”, added Troncoso. read more »

Mexico, to attract U.S. retirees, may ease limits on landownership

By Tim Johnson
McClatchy Foreign Staff

For the first time in nearly a century, lawmakers are moving to allow non-Mexicans to buy coastal real estate and hold the deeds to it, without having to set up bank trusts or find silent Mexican partners.

Ocean Front Real Estate in Mexico

Ocean Front Real Estate in Mexico

Proponents of the change say it pushes Mexico toward the modern era, and is a sign of ebbing nationalism under President Enrique Pena Nieto. They say it will help Mexico compete with Southern U.S. states and tropical Central America for U.S. retirees seeking spots in the sun and by the sea.

The proposed amendment to the Mexican Constitution sailed through the Chamber of Deputies on a 356-119 vote April 23, and is now before the Senate.

But opponents are still rallying, charging in a petition campaign that the change may condemn Mexicans to saying goodbye to ocean views.

“If just one of every 20 U.S. millionaires buys a house with 22 meters (72 feet) of beachfront, no Mexican will see the sea again,” the petition drive says, drawing on the nation’s historic allergy to foreign ownership of its resources.

The allergy has its roots in land grabs in the 19th and 20th centuries. After the 1917 Mexican revolution, legislators who drafted the nation’s constitution, fearing a new invasion by land or sea, barred foreigners from owning land within 31 miles of the coast or 62 miles of any border. Those strips of territory became known as the restricted zones. read more »

Home for sale in Bajamar – 3016 – Las Fuentes – Mision Todos Santos – Open House

Marycarmen Lopez from the Baja Real Estate GroupBaja Premier Properties Office in Bajamar. Takes us on an Open House tour of House #3016 Las Fuentes – Mision Todos Santos. An hacienda styled 2 story home, featuring 3 bedrooms, 2 bathrooms, large patio, terrace and hand made stone work throughout.

The enclosed patio sits on sturdy slab stone flooring and it features a beautiful quarry stone dolphin fountain just in the center, which is the focal point of this area. A colorful hand-made stone work dresses one of the patio walls with an intricate Mexican design mosaic. read more »

Cost Of Living In Mexico

 

WITH AN ESTIMATED COST OF LIVING THAT IS 30 PERCENT LESS THAN IN THE STATES, BUDGET-CONCIOUS HOMEBUYERS ARE LOOKING SOUTH TO MEXICO

CALAFIA, Baja California – Early retirement, a lower cost of living and being able to maintain your lifestyle while watching your wallet are all reasons why  American buyers have turned to  Mexican real estate especially in our struggling economy, said  Max Katz, sales director at Calafia Condos Resort and Villas, a new community in Baja California. Once considered to be a well-kept secret, the significantly lower cost of living in Mexico paired with great home values are attracting Americans south of the border who want a great home and a rich lifestyle at a fraction of the cost.

Calafia Condos Resort & Villas

Calafia Condos Resort & Villas

Overall, the cost of living in Mexico is about 30 percent less than in the U.S., he said.

“Golf here is cheaper than compared to the U.S.,” said Bob Dawson who moved to Mexico 13 years ago with his wife Carol.  “The food is good too.  In fact, just the other day I bought a delicious thick rib eye steak for only $5.  Ocean fishing here is excellent and it is quite easy and cheap to rent a boat for a day excursion.”

The Dawsons moved to Mexico 13 years ago so that Bob could retire five years sooner.  They now own a home at Calafia Condos Resort and Villas, which is only 30 minutes south of the international border.  The favorite part of their home is the great ocean view and they can even watch whales migrating from the balcony.    read more »