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Diamonds on the beach in Baja
As the upheaval in the United States and Baja real estate markets shakes out, there are some truly incredible values available for buyers who know that timing is the key to capturing upswing potential in real estate. The second home market has seen a 20% increase in sales in 2010 over last year and primary home sales to retirees is increasing all over Mexico. Real estate in the US and Mexico is showing signs of recovery at last.
In Baja, we saw prices drop tremendously in the recent past and then a leveling off for the past several months. Certainly some property prices will still go down due to erratic values in parts of the market, particularly where inventory of properties is high and demand is lower. But, the true values...the diamonds, are on the beach. Oceanfront homes that are elegant and well constructed have dropped almost half of their original price. These homes offer the biggest opportunity for value, appreciation potential and are the most limited of the Baja real estate inventory.
Baja is likely to see limited construction of oceanfront single family homes in the future due to cost of land and construction. Just like in California, Baja oceanfront has always been at a premium, just far more affordable. Now, the greatest opportunity in the Baja market is oceanfront homes. Diamonds are available at the bottom of the market.
Baja123 has an exclusive for two of these extraordinary diamonds at Las Ventanas, one of Baja's most desirable communities.
An elegant Hacienda, fully furnished with gourmet kitchen and $225,000 in upgrades and furnishings. 4 bedrooms and 3 baths.
Reduced from $1,250,000 to $825,000
Click here for more detailed information
Click to watch a Video for Oceanfront Villa #30
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