Category Archives: Luxury Mexico Real Estate

Palacio Del Mar, a Baja California High-End Private Community Going Green

“Palacio del Mar is going Green in all ways possible”, was the main focus of this year’s annual homeowners meeting, in which developers informed of their current and future plans for the community, including the projects which will continue making Palacio del Mar one of the pioneering developments to go Green in the Northern Baja area.

Palacio Del Mar, a Baja California High-End Private Community Going Green

Palacio Del Mar, a Baja California High-End Private Community Going Green

ROSARITO, BAJA CALIFORNIA, MEXICO – Grupo Pes, developers of Palacio del Mar, have over 25 years of experience with a reputation of beauty and quality, are currently finishing the first stage on their newest development, Palacio del Mar. They recently hosted their annual homeowners meeting on April 16th 2010.  This meeting, which informed residents of the developer’s current and future plans for the community, was held at the development’s posh movie theater. “The meeting was attended by homeowners who came from as close as San Diego and as far as Boston. An important point of order was the developer’s announcement that Palacio del Mar would be “going green”.

Pes Developers mentioned that among Palacio’s Green projects are the installation of a solar heating and energy management system, and the installation of a state-of-the-art hydration filter. The aim of these projects is to reduce energy cost for the outdoor infinity pool, as well as, the Olympic size indoor lap pool. The hydration filter will provide soft water to the entire complex and reduce long term maintenance costs by lengthening the effective life of all fixtures and equipment. These new additions compliment the currently installed resource conservation systems which include motion-sensor triggered lighting in all hallways and a water treatment system that recycles gray water for garden and green areas. read more »

Using a real estate IRA to acquire property in Mexico

By TOM KELLY, INVESTMENT columnist

Using a real estate IRA to acquire property in Mexico

Using a real estate IRA to acquire property in Mexico

Like second-home sales in the U.S., the sales of Mexican homes have been limping along. They are a luxury that buyers have been unwilling to revisit until the economy improves. While anecdotal evidence is beginning to reveal increased activity in some of the more popular resort areas, very few developer projects are thriving because of a lack of bank funding or sales.

“We have some buyers who have returned to look and buy,” says Max Katz, who operates Baja Real Estate Group in Rosarito Beach, about 70 minutes south of the California border. “But it doesn’t help when U.S. television repeats the same shows on crime in Mexico that they were showing 18 months ago.”

Much has been written about the kidnappings, roadside hijackings, crooked cops, and the infamous bandidos in some of the regions of Mexico. Most of the violence south of the border, however, is directly related to the drug cartels and the authorities who are trying to eradicate them. There is absolutely no pattern of any innocent U.S. citizens being randomly murdered in drug violence.

Unfortunately, the negativity surrounding the country comes at a time when more and more Americans could use a less expensive place to live. According to a new report by the Washington, D.C.-based Center for Economic and Policy Research (CEPR), baby boomers have not saved for retirement and they will be forced to work longer and/or move to less expensive places than they anticipated. Property taxes, health care, and cost of living will force boomers to consider moving to other countries, especially if they plan on living at the same level of comfort as they do now.

John Youden, the Vancouver, British Columbia native who founded a multiple listing association in Puerto Vallarta in 1988 (www.mlsvallarta.com) and also publishes a highly respected real estate magazine, believes developers will have to offer potential buyers a creative proposition to sustain sales.

A Puerto Vallarta-based group headed by a Harvard MBA graduate took Youden’s message to heart. It is seeking buyers/investors looking for a guaranteed rate of return and has found the offering to be an ideal alternative to conventional Individual Retirement Account investments. One hour south of Cancun on the Caribbean Sea’s Riviera Maya, the company is building a condotel adjacent to Madrid-based Bahia Principe Group’s mega resort. Called Sian Ka’an (www.bahiaprincipecondohotel.com), the development is on its own golf course.

The condo hotel is a gated community with 24-hour security, and it has access via a private bridge to the adjacent resort and its pools, spa, restaurants, tennis courts, and boutiques.

Because Bahia Principe needs additional rooms during much of the year, the corporation is guaranteeing an 8% annual return to investors on their rental unit for seven years, even if the unit is not occupied. Personal use by the owner is allowed, yet owners-investors can also enter their unit in the guaranteed rental pool. After that period, owners-investors can renew the contract or take sole possession of their unit.

To prepare for your real estate IRA, designate the amount of your retirement funds that you wish to use in the property deal and open a new IRA account with an independent administrator.

The guidelines covering real estate IRAs are stringent. If you break one of these rules, you could jeopardize your tax-free status on your account.

  • The land or house must be treated like any other investment.
  • All rental profits must be returned to the trustee.
  • You cannot manage the property. But your trustee can hire a third party – a real estate broker, or local manager – to collect rents and maintain or improve the property.
  • The house or property (or proceeds from its sale) must remain in the trust until distribution at retirement. If a trustee is instructed to sell the property, funds can be transferred to another account for reinvestment.

You cannot use IRA money to buy your own residence or any other property in which you live. It has to be investment property. But when you retire, you can direct your IRA to turn it over to you as a distribution at the current market value.

It’s a creative way to get in the door if you are considering an investment purchase.

—-

Browse for Rosarito Homes for Sale.

Mexico’s big hope: get 5 million U.S. retirees

BY ANDRES OPPENHEIMER
aoppenheimer@MiamiHerald.com

Mexico's big hope: get 5 million U.S. retirees

Mexico's big hope: get 5 million U.S. retirees

MEXICO CITY — Mexico is silently working on proposals aimed at drawing millions of U.S. retirees to this country, which could eventually lead to the most ambitious U.S.-Mexican project since the 1994 North American Free Trade Agreement.

President Felipe Calderón is likely to propose the first steps toward expanding U.S. retirement benefits and medical tourism to Mexico when he goes to Washington on an official visit May 19, according to well-placed officials here. If not then, he will raise the issue later this year, they say.

“It’s one of the pillars of our plans to trigger economic and social well-being in both countries,” Mexico’s ambassador to the United States Arturo Sarukhan told me. “We will be seeking to increasingly discuss this issue in coming months and years.”

Calderón brought it up during a U.S.-Canada-Mexico summit in Guadalajara in August last year, but President Barack Obama asked him to shelve the idea until he was able to pass healthcare reform, another official told me.

Now that Congress has passed healthcare reform, Calderón is preparing to charge ahead.

A GROWING MARKET
There are already an estimated 1 million Americans living in Mexico. And according to Mexican government estimates based on U.S. Census figures, that number is likely to soar to 5 million by 2025 as the U.S. population grows older and more Americans look for sunny, cheaper places to retire.

The U.S. Census projects that the number of U.S. retirees will soar from 40 million now to nearly 90 million by 2050. Already, 5 million American retirees live abroad, of whom 2.2 million are in the Western Hemisphere — mostly in Mexico, the Dominican Republic and Brazil. Another 1.5 million live in Europe and 850,000 in Asia.

The key to luring more U.S. medical tourists and retirees to Mexico and other Latin American countries will be getting hospitals in the region to be certified by the U.S. Joint International Commission, which establishes that they meet U.S. hospitals’ standards. There are already eight Mexican hospitals certified by the JIC and several others awaiting certification.

According to Mexican government estimates, healthcare costs in Mexico are about 70 percent lower than in the United States. And from my own experience, those estimates are right: As I reported at the time, when I was hospitalized in Mexico two years ago for an emergency operation, my hospital bill was indeed about 70 percent lower than what it would have been in Miami.

So what will Calderón specifically propose to Obama? Most likely, the Mexican president will suggest starting with a low-profile agreement that would allow the U.S. Health Care Financing Administration to pay for Medicare benefits to U.S. retirees in Mexico. Under current rules, Medicare only covers healthcare services in the United States.

IT JUST MAKES SENSE
My opinion: Mexico and much of Latin America are bound to become growing U.S. retirement and medical tourism destinations, much like Spain has become a permanent living place for Germans, Britons and Northern Europeans.

You won’t read much about it now because neither Calderón nor Obama will emphasize it publicly while the drug-related violence in northern Mexico is making big headlines, and while the political wounds from the recent U.S. healthcare debate are still open in Washington, D.C.

But I’m increasingly convinced that, as the violence in Mexico subsides and the healthcare debate becomes a distant memory in Washington, medical benefits’ deals will become a top U.S.-Latin American priority. Just as free-trade agreements were the big thing of the 1990s, healthcare agreements will be the big deal of the coming decade.

I wouldn’t be surprised if Calderón and Obama take the first baby steps toward a U.S.-Mexico healthcare agreement by finding a way to pay for Medicare benefits for U.S. expatriates in Mexico, or getting U.S. states to allow similar payments. Then, most likely after the 2012 presidential election in both countries, the two would start negotiating a more ambitious deal.

Demography, geography and economics are pointing in that direction. With the U.S. population getting older, a record U.S. budget deficit, rising U.S. healthcare costs, and Mexico and other Latin American countries badly needing more tourism and investments, this should be a win-win for everybody.

Browse for real estate in mexico.

What can I bring back from Mexico? By Miguel Sedano.

Before you leave for your trip abroad, you might want to talk to CBP (Customs and Border Protection) about the items you plan to bring back to be sure they’re not prohibited or restricted. Prohibited means the item is forbidden by law to enter the United States. Examples of prohibited items are dangerous toys, cars that don’t protect their occupants in a crash, bush meat, or illegal substances like absinthe and Rohypnol. Restricted means that special licenses or permits are required from a federal agency before the item is allowed to enter the United States. Examples of restricted items include firearms, certain fruits and vegetables, animal products, animal by products, and some animals.

The importation of absinthe is subject to the U.S. Food and Drug Administration regulations (21 C.F.R. 172.510 and the Department of the Treasury’s Alcohol and Tobacco Tax and Trade Bureau regulations (27 C.F.R. Parts 13.51, 5.42(a), and 5.65. The absinthe content must be “thujone free” (that is, it must contain less than 100 parts per million of thujone); the term “absinthe” cannot be the brand name; the term “absinthe” cannot stand alone on the label; and the artwork and/or graphics cannot project images of hallucinogenic, psychotropic or mind-altering effects. Absinthe imported in violation of these regulations is subject to seizure.
Alcoholic Beverages
In addition to U.S. laws, the laws of the state in which you first arrive in the United States will govern the amount of alcohol you may bring with you, and whether you need a license. If you plan to bring alcoholic beverages with you, before you depart, you should contact the state’s applicable alcoholic beverage control board to determine what you need to do to comply with that state’s laws and regulations.
Automobiles
Automobiles imported into the United States must meet the fuel-emission requirements of the Environmental Protection Agency and the safety, bumper, and theft prevention standards of the U.S. Department of Transportation. Trying to import a car that doesn’t meet all the requirements can be difficult.
Almost all cars, vans, sport utility vehicles and so on that are bought in foreign countries must be modified to meet American standards, except most late model vehicles from Canada. Passenger vehicles that are imported on the condition that they be modified must be exported or destroyed if they are not modified acceptably. Also under these circumstances, the vehicle could require a bond upon entry until the conditions for admission have been met.
And even if the car does meet all federal standards, it might be subject to additional EPA requirements, depending on what countries it was driven in. You are strongly encouraged to contact EPA and DOT before importing a car.
Cars being brought into the United States temporarily, by nonresidents, (for less than one year) are exempt from these restrictions. It is illegal to bring a vehicle into the United States and sell it if it was not formally entered on a CBP Form 7501.
Ceramic Tableware
Although ceramic tableware is not prohibited or restricted, you should know that such tableware made in foreign countries may contain dangerous levels of lead in the glaze, which can seep into foods and beverages. The U.S. Food and Drug Administration recommends that if you buy ceramic tableware abroad – especially in Mexico, China, Hong Kong or India – you have it tested for lead release when you return, or use it for decorative purposes only.
Cultural Artifacts and Cultural Property
Most countries have laws that protect their cultural property. Art/artifacts/antiquities; archaeological and ethnological material are also terms used to describe this material. These laws include export controls and/ or national ownership of cultural property. Even if purchased from a business in the country of origin or in another country, legal ownership of such artifacts may be in question if brought into the United States.
Therefore, although they do not necessarily confer ownership, you must have documents such as export permits and receipts when importing such items into the United States.
U.S. law may also restrict the importation of specific categories of art/artifacts/antiquities. For example, U.S. laws restrict the importation of:
•    Any pre-Columbian monumental and architectural sculpture and murals from Central and South American countries;
•    Native American artifacts from Canada; Mayan pre-Columbian archaeological objects from Guatemala; pre-Columbian archaeological objects from El Salvador and Peru; archaeological objects like terracotta statues) from Mali; Colonial period objects such as paintings and ritual objects from Peru;
•    Byzantine period ritual and ecclesiastic objects such as icons from Cyprus; and
•    Khmer stone archaeological sculpture from Cambodia.
Importation of items such as those listed above is permitted only when an export permit issued by the country of origin where such items were first found accompanies them. Purveyors of such items have been known to offer phony export certificates.
Defense Articles or Items with Military or Proliferation Applications
Some items that have both commercial and military or proliferation applications, or that are considered defense articles, require a license before exporting abroad. Such items may include software or technology, blueprints, design plans, and retail software packages and technical information. If CBP officials suspect that a regulated item or defense article has been exported without a license, they may, for example, on your return examine files and software on your laptop computer as well as your baggage.
Dog and Cat Fur
It is illegal in the United States to import, export, distribute, transport, manufacture or sell products containing dog or cat fur in the United States. As of November 9, 2000, the Dog and Cat Protection Act of 2000 calls for the seizure and forfeiture of each item containing dog or cat fur.
The Act provides that any person who violates any provision may be assessed a civil penalty of not more than $10,000 for each separate knowing and intentional violation, $5,000 for each separate gross negligent violation, or $3,000 for each separate negligent violation.
Drug Paraphernalia
It is illegal to bring drug paraphernalia into the United States unless prescribed for authentic medical conditions such as diabetes. CBP will seize any illegal drug paraphernalia. Law prohibits the importation, exportation, manufacture, sale or transportation of drug paraphernalia. If you are convicted of any of these offenses, you will be subject to fines and imprisonment.
Firearms
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) regulates and restricts firearms and ammunition and approves all import transactions involving weapons and ammunition. If you want to import or export weapons or ammunition, you must do so through a licensed importer, dealer or manufacturer. Also, if the National Firearms Act prohibits certain weapons, ammunition or similar devices from coming into the country, you will not be able to import them unless the ATF provides you with written authorization to do so. If the firearm is controlled as a U.S. Munitions List article and it is temporarily imported to the United States, or it is temporarily exported, it may also require a Department of State license.
You do not need an ATF permit if you can demonstrate that you are returning with the same firearms or ammunition that you took out of the United States. To prevent problems when returning, you should register your firearms and related equipment by taking them to any CBP office before you leave the United States. The CBP officer will register them on the same CBP Form-4457 used to register cameras or computers.
Many countries will not allow you to enter with a firearm even if you are only traveling through the country on the way to your final destination. If you plan to take your firearms or ammunition to another country, you should contact officials at that country’s embassy to learn about its regulations.
Fish and Wildlife
Certain fish and wildlife, and products made from them, are subject to import and export restrictions, prohibitions, permits or certificates, as well as requirements. CBP recommends that you contact the U.S. Fish and Wildlife Service before you depart if you plan to import or export any of the following:
•    Wild birds, land or marine mammals, reptiles, fish, shellfish, mollusks or invertebrates;
•    Any part or product of the above, such as skins, tusks, bone, feathers, or eggs; or
•    Products or articles manufactured from wildlife or fish.
Some states have fish and wildlife laws and regulations that are stricter than federal laws and regulations. If you are returning to such a state, be aware that the stricter state laws and regulations have priority. Similarly, the federal government does not allow you to import wild animals into the United States that were taken, killed, sold, possessed or exported from another country if any of these acts violated foreign laws.
Food Products (Prepared)
You may bring bakery items and certain cheeses into the United States. The APHIS Web site features a Travelers Tips section and Game and Hunting Trophies section that offers extensive information about bringing food and other products into the U.S. Many prepared foods are admissible. However, bush meat made from African wildlife and almost anything containing meat products, such as bouillon, soup mixes, etc., is not admissible. As a general rule, condiments, vinegars, oils, packaged spices, honey, coffee and tea are admissible. Because rice can often harbor insects, it is best to avoid bringing it into the United States. Some imported foods are also subject to requirements of the U.S. Food and Drug Administration.
Fruits and Vegetables.
Bringing fruits and vegetables depends on a number of factors. For instance, consider the apple you bought in the foreign airport just before boarding and then did not eat. Whether or not CBP will allow the apple into the United States depends on where you got it and where you are going after you arrive in the United States. The same would be true for Mediterranean tomatoes. Such factors are important because fresh fruits and vegetables can introduce plant pests or diseases into the United States.
Note: The civil penalty for failing to declare agricultural items at U.S. ports of entry will cost first time offenders $300. The penalty for the second violation goes up to $500. To avoid receiving a penalty all agricultural items and present them to Customs and Border Protection for inspection so that an agriculture specialist can determine if it is admissible.
Gold
Gold coins, medals and bullion, formerly prohibited, may be brought into the United States. However, under regulations administered by the Office of Foreign Assets Control, such items originating in or brought from Cuba, Iran, Burma (Myanmar) and most of Sudan are prohibited entry. Copies of gold coins are prohibited if not properly marked by country of issuance.
Haitian Animal Hide Drums
Haitian goat hide drums have been previously linked to a case of cutaneous anthrax, and the CDC restricts entry of animal hide drums from Haiti if they have not been processed in a way that renders them non-infectious. Travelers should be aware that untanned animal hide drums from Africa may pose a similar but low risk for cutaneous anthrax.
Medication
Rule of thumb: When you go abroad, take the medicines you will need, no more, no less. Narcotics and certain other drugs with a high potential for abuse – Rohypnol, GHB and Fen-Phen, to name a few – may not be brought into the United States, and there are severe penalties for trying to do so. If you need medicines that contain potentially addictive drugs or narcotics (e.g., some cough medicines, tranquilizers, sleeping pills, antidepressants or stimulants), do the following:
•    Declare all drugs, medicinals, and similar products to the appropriate CBP official;
•    Carry such substances in their original containers;
•    Carry only the quantity of such substances that a person with that condition (e.g., chronic pain) would normally carry for his/her personal use; and
•    Carry a prescription or written statement from your physician that the substances are being used under a doctor’s supervision and that they are necessary for your physical well being while traveling.
U.S. residents entering the United States at international land borders who are carrying a validly obtained controlled substance (other than narcotics such as marijuana, cocaine, heroin, or LSD), are subject to certain additional requirements. If a U.S. resident wants to bring in a controlled substance (other than narcotics such as marijuana, cocaine, heroin, or LSD) but does not have a prescription for the substance issued by a U.S.-licensed practitioner (e.g., physician, dentist, etc.) who is registered with, and authorized by, the Drug Enforcement Administration to prescribe the medication, the individual may not import more than 50 dosage units of the medication into the United States. If the U.S. resident has a prescription for the controlled substance issued by a DEA registrant, more than 50 dosage units may be imported by that person, provided all other legal requirements are met.
Please note that only medications that can be legally prescribed in the United States may be imported for personal use. Be aware that possession of certain substances may also violate state laws. As a general rule, the FDA does not allow the importation of prescription drugs that were purchased outside the United States. Please see their Web site for information about the enforcement policy for personal use quantities.
Warning: The U.S. Food and Drug Administration prohibits the importation, by mail or in person, of fraudulent prescription and nonprescription drugs and medical devices. These include unorthodox “cures” for such medical conditions as cancer, AIDS, arthritis or multiple sclerosis. Although such drugs or devices may be legal elsewhere, if the FDA has not approved them for use in the United States, they may not legally enter the country and will be confiscated, even if they were obtained under a foreign physician’s prescription.
Merchandise from Embargoed Countries
Generally, you may not bring in any merchandise from Cuba, Iran, Burma (Myanmar) or most of Sudan. The Office of Foreign Assets Control of the U.S. Department of Treasury enforces economic sanctions against these countries. To bring in merchandise from these countries, you will first need a specific license from the Office of Foreign Assets Control.
Pets
If you plan to take your pet abroad or import one on your return, please review a copy of the CBP brochure Pets and Wildlife. You should also check with state, county and local authorities to learn if their restrictions and prohibitions on pets are stricter than federal requirements.
Importing animals is closely regulated for public health reasons and also for the well-being of the animals. There are restrictions and prohibitions on bringing many species into the United States.
Cats are subject to inspection at ports of entry and may be denied entry into the United States if they have evidence of an infectious disease that can be transmitted to humans. If a cat appears to be ill, further examination by a licensed veterinarian at the owner’s expense might be required at the port of entry.
Dogs must also be free of evidence of diseases that could be communicable to humans. A general certificate of health is not required by CDC for entry of pet dogs into the United States, although some airlines or states may require them. Dogs must have a certificate showing they have been vaccinated against rabies greater than or equal to 30 days prior to entry into the United States. This certificate should identify the dog, show the date of vaccination, the date it expires (there are one-year and three-year vaccinations), and be signed by a licensed veterinarian. If the certificate does not have an expiration date, CBP will accept it as long as the dog was vaccinated 12 months or less before coming to the United States. Dogs coming from rabies free countries do not have to be vaccinated.
These requirements apply equally to service animals such as Seeing Eye dogs.
Plants and Seeds
Some plants, cuttings, seeds that are capable of propagation, unprocessed plant products and certain endangered species are allowed into the United States but require import permits and other documents; some are prohibited entirely. Threatened or endangered species that are permitted must have export permits from the country of origin.
Every single plant or plant product including handicraft items made with straw, must be declared to the CBP officer and must be presented for CBP inspection, no matter how free of pests it appears to be.
Soil
Soil is considered the loose surface material of the earth in which plants, trees, and scrubs grow. In most cases, the soil consists of disintegrated rock with an admixture of organic material and soluble salts. Soil is prohibited entry unless accompanied by an import permit. Soil must be declared and the permit must be verified.
Textiles and Clothing
In general, there is no limit to how much fabric and clothing you can bring back as long as it is for your personal use or as gifts. If you have exceeded your personal exemption, you may have to pay duty on the items.
Trademarked and Copyrighted Articles
CBP enforces laws relating to the protection of trademarks and copyrights. Articles that infringe a federally registered trademark or copyright or copyright protected by the Berne Convention for the Protection of Literary and Artistic Works are subject to detention and/ or seizure. Infringing articles may consist of articles that use a protected right without the authorization of the trademark or copyright owner or articles that copy or simulate a protected right.
Articles bearing marks that are counterfeit or inappropriately using a federally registered trademark are subject to seizure and forfeiture. The importation of articles intended for sale or public distribution bearing counterfeit marks may subject an individual to a civil fine if the registered trademark has also been recorded with CBP. Articles bearing marks that are confusingly similar to a CBP recorded registered trademark, and restricted gray market articles (goods bearing genuine marks not intended for U.S. importation for which CBP granted gray market protection) are subject to detention and seizure.
However, travelers arriving in the United States may be permitted an exemption and allowed to import one article of each type, which must accompany the person, bearing a counterfeit, confusingly similar or restricted gray market trademark, provided that the article is for personal use and is not for sale.
This exemption may be granted not more than once every 30 days. The arriving passenger may retain one article of each type accompanying the person. For example, an arriving person who has three purses, whether each bears a different infringing trademark, or whether all three bear the same infringing trademark, is permitted only one purse. If the article imported under the personal exemption provision is sold within one year after the date of importation, the article or its value is subject to forfeiture.
In regard to copyright infringement, articles that are determined by CBP to be clearly piratical of a protected copyright, i.e., unauthorized articles that are substantially similar to a material protected by a copyright, are subject to seizure. A personal use exemption for articles, similar to that described above also applies to copyrighted articles for the personal, non-commercial use of the importer and are not for sale or distribution.
You may bring back genuine trademarked and copyrighted articles (subject to duties). Products subject to copyright protection most commonly imported include software on CD-ROMs, sound recordings, toys, stuffed animals, clothing with cartoon characters, videotapes, DVDs, music CDs and books. Products subject to trademark protection most commonly imported include handbags and accessories, and clothing.

If all this information seems to complicated for you, at Palacio del Mar only 35 minutes south of the border you will have a 24/7 concierge service that will be more than happy to assist you with any small or big request.
If you want to discover the only truly concierge service in the Rosarito area, as well as all the amenities of a 5 star resort, just call Miguel Sedano (619-200-7408) or email (Miguel.sedano@bajarealestategroup.net) for a private tour of Palacio del Mar Condos & Spa.

Seaside Vacation Homes – Save Money South of the Border

By: Craig Delman

Vacation Homes – Save Money South of the Border - Las Ventanas in Rosarito Beach

Vacation Homes – Save Money South of the Border - Las Ventanas in Rosarito Beach

If you’re looking for the best seaside vacation homes at the most affordable prices, Mexico has the lot to offer when it comes to ocean views, sunsets, water sports, activities, and amenities in their vacation home rentals.

It wasn’t that long ago when foreigners of Mexico were not allowed to own or invest in beachfront real estate, which left a lot of “would be” buyers frustrated, knowing there was cheap oceanfront property available in a prime location but the opportunity to own or invest in beachfront real estate in Mexico was nil.

In 2005 the government of Mexico enacted fideicomiso, which is roughly translated to mean real estate trust, making it possible for US and other foreign investors to purchase the cheap oceanfront property available, making Mexico a popular spot for exclusive luxury style residences and a haven for beachfront real estate investments

What Makes Mexico a More Affordable Vacation Home Choice? read more »

The First Mexico Real Estate Degree and Professional Identification Number

Mexico Real Estate

Mexico Real Estate

Recently, the AMPI Mexico association implemented a new university degree and professional license for Mexico Real Estate professionals. The new identification number and degree are officially authorized the Federal Ministry of Public Education (SEP).

“The market and clients demand true professionals, specialists in real estate with recognized studies and a professional Identification Numbers are authorized by a federal government body,” pointed out Fernando González Salazar, Director of the Professional License Department of AMPI. Before the existence of the new degree, Mexico Real Estate licenses were not offered although some local certifications were available.

Experienced professionals can obtain the degree and professional Identfication Number through an exam. The five-hour exam consists of 177 multiple choice questions divided into 8 sections. The exam is professionally administered in strict accordance with guidelines; for the first application of the exam, it was applied in 16 cities simultaneously.

After the exam, a minimum experience requirement must be proven through a “portfolio de evidencias.” Laura Flores , coordinator of the exam process at the AMPI Mexico national offices, points out that evidence of experience can be given by a Mexico Real Estate company, AMPI, a Notary public or, now one of the new degree holders, among authorized documents.

The second way in which to obtain the degree and professional identification number is as an undergraduate degree in a 4 year course of studies at a university.

“We have estimated that there are nearly 19,000 people practicing within the Mexico real estate industry,” mentioned Flores. “Of these approximately 2,300 are associates of the AMPI organization.”

The long term goal is that all those dedicated to the Mexico Real Estate industry will hold the new degree – a situation similar to that of doctors, lawyers, etc. For the moment requirements will remain a question of state laws.

Flores will make the formal delivery to the first 44 successful candidates at AMPI’s national annual meeting. In July of 2009, the first Mexican Real Estate Degree and Professional Identification Number was presented to Thomas Lloyd, founder of Mexico Real Estate, a web site and network of real estate professionals from various key regions in Mexico, dedicated to providing non-Mexican buyers with accurate information and guiding them to safe Mexico Real Estate purchases.

“Many foreign buyers,” observes Thomas Lloyd, “are not aware that there are more risks involved in purchasing property in Mexico than in their home countries. The TOPMexicoRealEstate NETWORK is a group of professionals who have seen the results of misinformation first hand. Since the group began, we have been working to provide accurate information to help protect non-Mexican clients. The new degree is an excellent opportunity for those of us committed in this industry to further our knowledge and experience allowing for improved professional guidance.”

Browse for Baja Real Estate, Rosarito Real Estate and Mexico Real Estate.

How to Dial Toll Free US numbers from Mexico? By:Miguel Sedano.

Call toll free

Call toll free

If you are reading this Blog, probably you already try to call a toll free US number from Mexico without luck and you might be thinking what you did wrong.  Don’t panic calling a 1-800 phone number can be tricky at the beginning but with this quick guide things will be easier.
Example:

You want to call 1-800-678-7583 (Palacio del Mar toll free number) and you are in Mexico; Dial 00-1-880-678-7583; basically you replace the 800 for 880.

1-800 replace with 00-1-880.
1-866 replace with 00-1-883.
1-877 replace with 00-1-882.
1-888 replace with 00-1-881.
If all this information seems to complicated for you, at Palacio del Mar only 35 minutes south of the border you will have a 24/7 concierge service that will be more than happy to assist you with any small or big request.
If you want to discover the only truly concierge service in the Rosarito area, as well as all the amenities of a 5 star resort, just call Miguel Sedano (619-200-7408) or email (Miguel.sedano@bajarealestategroup.net) for a private tour of Palacio del Mar Condos & Spa.

Telephone Number Scam? By Miguel Sedano

Phone scam

Be cautious when calling an unfamiliar telephone number – it could be a costly international telephone call
One of my coworkers recently put an ad up on craigslist to promote a property, received an email response asking him to call back a number. (908 554 2787)
Essentially the email goes like this…

Hello I saw your listing and I am very interested, could you give me a call when you have a moment? Just have a few questions. I am on the road and will not have access to my email. Thanks Mark—809 554 2787
Fortunately he did an online search on the number before calling and saw that it was a scam in that there is a charge (around $5-$10 to call the number). Believe they are called EZ numbers.
In a fact sheet on phone scams, the U.S. Federal Trade Commission notes that calls to certain offshore locales, many of them in the Caribbean do not require the international prefix 011, so it may not be obvious you are calling a foreign number.
“In many cases, the return-call number is an international pay-per-call line, with a three-digit exchange that looks like an American or Canadian area code,” the federal agency says.
Be skeptical about area codes you don’t recognize, especially: 649 (Turks and Caicos); 809 (Dominican Republic); 284 (British Virgin Islands); 876 (Jamaica), or 758 (St. Lucia).
How Can I Protect Myself?
If you are presented with an ad for an information or entertainment service, or receive a call from such a company, you should remember:
•    Be skeptical of ads for services that claim they are “not a 900 number,” “LD rates apply,” or “no premiums apply.”  These services may be even more costly than 900 numbers.
•    Make sure you check your phone bill for charges you do not recognize.  Contact your phone company and long distance carrier if you see any error.
•    Be wary of area codes you do not recognize (i.e. 809 for the Dominican Republic or 664 for Montserrat).  You can check their location in the telephone directory or by calling the operator.
•    Tell your family that they need to get your permission before calling any long-distance services (domestic or international).  This applies especially to children.

If all this information seems to complicated for you, at Palacio del Mar only 35 minutes south of the border you will have a 24/7 concierge service that will be more than happy to assist you with any small or big request.
If you want to discover the only truly concierge service in the Rosarito area, as well as all the amenities of a 5 star resort, just call Miguel Sedano (619-200-7408) or email ( miguel.sedano@bajarealestategroup.net ) for a private tour of Palacio del Mar Condos & Spa.

Roman Palace in Baja. By: Miguel Sedano.

Blog tresThe city of Ancient Rome was built on seven hills beside the River Tiber.

The rich and wealthy of Ancient Rome preferred to build their luxurious villas and palaces high up on the hills, above the teeming masses of Ancient Rome.

One of the seven hills of Ancient Rome, the “Palatine Hill” has given us the word “Palaces”.

Emperor Hadrian was skilled in many different areas. One of his interests was architecture.

He ordered palaces and magnificent temples to be built, and contributed to their design.

If you want to discover the only Palace in the Rosarito area, as well as all the amenities of a 5 star resort, just call Miguel Sedano (619-200-7408) or email (Miguel.sedano@bajarealestategroup.net) for a private tour of Palacio del Mar Condos & Spa. read more »

Beachfront Architectural Dream Home For Sale in La Mision

Beachfront Architectural Dream Home For Sale in La Mision

Beachfront Architectural Dream Home For Sale in La Mision

An Architectural Masterpiece carved into a beachfront paradisaical setting; this La Mision home fronts the most spectacular beach on Baja’s north coast. Architect Arturo Coman created 3200 square feet of air, luminosity and marine magic. Brilliant use of light, space and vista leave the resident of this home living in an oceanfront dream scape.

The home features 4 bedrooms and 4 baths including a separate maids quarters (with a private entrance that is locked off from the rest of the residence). There is also a maid’s office with laundry service on the upper floor. There is a shaft ready to accept an elevator in a central location if you so desire. A full security system has been installed with immediate response available from only meters away. There is a whole house intercom system and the music system has been installed to symphonize the entire home from one central location. read more »