Tag Archives: homes in rosarito

Las Gaviotas, Rosarito Beach Mexico Sees Rising Home Values and Sales Once Again

February 21, 2011

By Susan A Mahalick

Las Gaviotas, Rosarito Beach, Mexico Sees Rising Home Values and Sales Once Again

Las Gaviotas, Rosarito Beach, Mexico Sees Rising Home Values and Sales Once Again

In the last 6 months, 7 homes have sold in this little Mexican style village know as Las Gaviotas. Amazingly homes are selling from the low $200.000 to well over the million $$$ mark. Many people live there full time. Or they spend half the year living there, or even use it for a second home if the weather is bad at their primary residence. Las Gaviotas has a old world charm with stone streets and Architecturally interesting homes….298 homes in all line a sandy coastline with semi private beach . Almost everyone has a good view of the ocean. Lots of social activities and even a Spanish class on site in a setting that has been called the Beverly Hills of Rosarito.

Baja sales, just like the US sales were slowing down to almost none. With the cost of living on the rise in the US, and the cost of living here low, Mexico just makes good sense. read more »

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Retire to Mexico — the price is right

April 28, 2010

By Les Christie, staff writerApril 28, 2010: 10:48 AM ET

Retire to Mexico -- the price is right

Retire to Mexico -- the price is right

NEW YORK (CNNMoney.com) — The years-long trend of Americans buying homes and expatriating to Mexico has collapsed, done in by a trifecta of the recession, swine flu and an epic crime wave.

Sales volume plunged nearly 70% last year for Coldwell Banker, according Phillip Hendrix, director of the firm’s Mexican operations. And at Costa Baja, a residential resort development a few miles north of La Paz, sales have slowed by about 40% in the past 12 months.

“Sales are off like crazy. The recession is really hurting and the headlines have been driving people away. The narco-wars especially have bit into the housing market in Mexico,” said Tom Kelly, a follower of Mexican real estate trends and author of Cashing In on a Second Home in Mexico.

But that’s good news for Americans who have always dreamed of retiring to Mexico but could never afford it: The bust has made homebuying a bargain. Prices can be less than half of what an equivalent home would run in the U.S.

Although the crime wave is confined to a fairly limited area, the perception of it has hurt markets all over the nation, said Alejandro Yberri, CEO of Costa Baja.

Information on prices of homes being sold to expatriate Americans is sketchy, but Kelly estimates overall declines of between 20% and 30% since the peak. In the high-crime communities close to the U.S. border, the drop has been even steeper, perhaps 40% or more. read more »

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Why do we continue to let fear dictate our adventures in Tijuana?

April 7, 2010

By Thomas Hughes, Esq

Thomas Hughes, Esq

Thomas Hughes, Esq

Last weekend I traveled to Tijuana, Mexico with a friend, Matt, from college.

Before leaving, all I heard from everyone, literally EVERYONE, is that you should not go.  I was berated by comments and questions like – If you go, be safe and don’t die.  Don’t get kidnapped.  Don’t get mugged.  Are you serious?   Why would you want to risk your life like that? Thomas, please think of your dog.

With these sentiments, I started to think maybe I should not go. Maybe this is a very, very bad decision. The fear from others infected my own thoughts. I grew nervous and doubted myself and my beliefs about traveling.

However, as I have learned to do, I decided to focus my energy on where this fear was originating.  Why are people so alarmed and scared to go 30 minutes away from where they currently are now?   Was the media creating this situation?  Were people actually witnessing horrible things first-hand?  Was Tijuana really that changed since the last time I was down there? Did traveling to Tijuana mean I was going to die?

Even though I was overwhelmed by people’s concern and preoccupied by my own inner doubts and fears, I moved forward. I chose actions that allowed me to travel even though all the signs pointed elsewhere. I did this because I do not share in the belief that you should let fear dictate your decisions in life.  In fact, I try constantly to do things in the face of that fear.

Thus, when the U.S. government announced a new security tourism travel alert for United States citizens traveling to Mexico the day before we left, I still moved forward. Even though CNN continued to show coverage of people being shot and killed in Juarez, I still moved forward. Even when my own friends and family cautioned me, voicing their concern for my safety and life, I still moved forward. read more »

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