Tag Archives: real estate in rosarito

Las Gaviotas 40 Years Later

By Rob Cromwell

Las Gaviotas Community Views

Las Gaviotas Community Views

In the late 1960’s, the Gerson Baker Corporation from Marin County in Northern California began drawing plans and started construction on a new development in Baja Norte. The development was called, Las Gaviotas, located just south of Rosarito Beach.

For many years American tourists crossed the border and drove down to the Rosarito Beach Hotel to catch the sun and surf along the Pacific Coastline. As Baja became a destination point – an American developer decided he, too, would invest in Mexico.  His dream was to create a unique enclave of homes overlooking the Pacific Ocean where Americans could live and vacation year around.

Las Gaviotas – became a one-of-a-kind development – capturing the title of ‘The Crown Jewel’ of developments along the Baja Norte Pacific Coastline.  The original vision of San Francisco developer, Al Wilsey, was having a community of unique homes, washed in white with traditional Spanish red-tile roofs, highlighting the Mexican Colonial theme.

Full page advertising was placed in the newspapers surrounding San Francisco and people began to flock to Baja to see this new development.  Guests were flown from San Francisco to San Diego and driven across the border.  They were housed in some of the first cottages by the sea.  After hearing the sales pitch, many began signing on the dotted line and became the first owners in Las Gaviotas.

Included in the original development was a fully developed community with sewers, underground utilities, water filtration plant and community facilities such as a clubhouse, Olympic size pool, Jacuzzi, tennis and shuffleboard courts, and sandy beach.  Over the years Las Gaviotas has continued to live up to its reputation as being a prestigious development.

Las Gaviotas Clubhouse taken from Deitweiler home 1970

Las Gaviotas Clubhouse taken from Deitweiler home 1970

During this past decade, the homeowners association has continued to add additional community amenities such as a community library, mail and computer room; fully equipped exercise room with saunas; children’s park and putting green.  At the July HOA meeting, members approved an expenditure of $80,000 for a new tennis court for members and guests.

As Las Gaviotas continues to grow and develop, so has their homeowner’s association.  Community members have continued to be actively involved in the management of their community; making it the best operated Homeowner’s Association in Baja Norte.

When it comes to real estate, the old saying is: location, location, location.  When it comes to Baja – and you considering location, a buyer must first consider Las Gaviotas.  It has never been a better time to purchase a vacation, retirement or rental home in this community.  There are quaint bungalows to million dollar oceanfront homes.

Las Gaviotas March 1970 Constructing Community Outside Wall

Las Gaviotas March 1970 Constructing Community Outside Wall

Homes in Las Gaviotas are just steps away from the Pacific Ocean and only 25 minutes from the International Border.  In fact, most retirees consider this area and community just a suburb of San Diego.  Yes, after 40 years, Las Gaviotas remains a haven for surfers and Americans alike – a magical community.

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Browse for more real estate in Baja, real estate in Rosarito and real estate in Mexico.

Hacienda Style Ocean Front Home For Sale in Las Gaviotas - Rosarito Real Estate by Kathy Katz

Hacienda Style Ocean Front Home For Sale in Las Gaviotas - Rosarito Real Estate by Kathy Katz

Las Gaviotas #19 Picudas Este – $998,000 USD – . Not only the location is great, right by the water with an amazing ocean view, but the architectural design inspired in a Spanish hacienda and beautiful and spacious garden areas throughout the property makes this home for sale in Las Gaviotas a unique buy for quality buyers. The second bedroom is actually a detached ‘casita’ or guest house complete with kitchen, living room and bathroom.

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.

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Browse for Rosarito Homes for Sale.

Major Binational Mayor’s Summit In Rosarito Seeks to Unite The Californias

Major Binational Mayor’s Summit In Rosarito Seeks to Unite The Californias

Major Binational Mayor’s Summit In Rosarito Seeks to Unite The Californias

SAN DIEGO—A major binational summit for mayors and other leaders from Southern and Baja California on issues ranging from the border crossing to desalination to public safety was announced today at the Mexican Consulate here.

The Fifth Binational Mayors’ Summit will be May 6 and 7 in Rosarito Beach. Universities and business groups from both sides of the border also will be represented to discuss mutual interests and actions.

The summit’s theme is “Uniting the Californias.”

“We live in a region that is closely linked by economy, environment, geography, friends and family,” said Mayor Hugo Torres of host city Rosarito Beach. “It is important that we all work together to achieve maximum benefit from those relationships.”

For the first time, the summit is being expanded to include six Southern California counties as well as the five cities of northern Baja. Southern California Mayors or their representatives from 70 cities are being invited.

May’s expanded summit is co-hosted by the cities of Rosarito Beach and Redondo Beach. The Mexico Business Center/San Diego Chamber of Commerce, Project Smart Border 2010 and Rancho Santiago Community College are among groups assisting. read more »