Buying & Building in Baja

Buying Property in Baja


We own all of our properties free and clear. We have met every single regulation mandated by Mexican law. Each lot has its own individual parcel and has been surveyed, recorded, and carries documented titles. American Title Insurance is available for each parcel. Your property is yours to legally own, lease, improve, mortgage, sell, transfer title, rent, profit, inherit and will as you determine to anybody, at any time.
Fast Fact: Mexico is the #1 place in the world for investments by North Americans.

Compared to the US

Buying property in Mexico is much the same as buying in the US. There is a recorded sales agreement, a property appraisal to determine its value and the government checks all public records to determine the status of the title. The government formalizes the property transfer and ensures the seller has the legal right to sell.

Bank Trust

In Mexico the buyer takes ownership through a bank trust called a Fideicomiso. The buyer selects an authorized Mexican financial institution to set up the trust. The institution is delivered clear, lien-free title to the property. The bank acts as the trustee, with you, the buyer, as the beneficiary to the trust and to the property. The bank also acts as the employee of the beneficiary in all transactions involving the property. As the beneficiary, you retain full use and control of the property and make all decisions concerning the property.

You Have Legal Title

As the beneficiary of the Fideicomiso or Bank Trust, you hold all legal rights to your property. You have the right to use, enjoy, lease, improve, mortgage, sell, rent, profit, inherit and will the property as you determine to anybody, at any time.

It is not a long-term lease; you own the property and your ownership rights are granted in perpetuity.

It’s Our Job to Make It Easy, Simple And Safe
We work with an experienced real estate attorney, accountant and a title specialist- all of whom already know our properties and have agreed to offer our buyers generous discounts.

It is estimated that nearly 2 million Americans currently live full time or part time in Mexico. Since 1994, foreign investment into Mexico has totaled more than $10 billion.

“When Mexico recently (1994) firmed up laws for foreigners to own land through bank trusts, the floodgates opened… A beachfront lot 30 miles up the coast in Southern California would cost you several million dollars. South of the border, a spot on the beach on the beach can cost you less than $100,000”
CBS EVENING NEWS

Retirees and investors alike have never felt more comfortable in their south-of the-border purchase because they are confident in knowing their investment is secured with US Title Insurance. And  many leading financial institutions are ready and willing to lend on these secure purchases.

Buying property in Mexico is easy, safe and secure.  Multinational corporations would not insure and finance these transactions if property ownership in Mexico was not 100 percent protected.

Title Insurance

Baja Dream Properties owns all property outright. All of our properties in the Vista del Cortez Community have legal title and are insured with US Title Insurance. 
Why is this important?  ……..

 

Parcels Remaining

There are still very excellent parcels available. 

84%

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Buying Property in Baja Has Never Been Easier

In 1994, the Mexican Government changed its Constitution to allow foreigners the right to legally own property in Mexico. Since that time, billions of dollars have been legally and safely invested in Mexico by foreigners.

You Have Legal Title

In 1994, the Mexican Government changed its Constitution to allow foreigners the right to legally own property in Mexico. Since that time, billions of dollars have been legally and safely invested in Mexico by foreigners.

When Mexico recently (1994) firmed up laws for foreigners to own land through bank trusts, the floodgates opened… A beachfront lot 30 miles up the coast in Southern California would cost you several million dollars. South of the border, a spot on the beach can cost you less than $100,000”

Building In Mexico: A Great Value

Local craftwork is extraordinary and construction prices are extremely affordable. General building costs range from $65 to $85 per-square-foot depending on materials used. The most common building materials are stucco block and concrete. Goregous locally crafted tile, stone and customized woodwork are hallmarks of the Los Barriles and La Paz- area builders. A special local feature is crafting stunning varnished support beams and finish work from work hulled from the core of the local Cordon Cactus.

Baja uses the same electrical service — 110v and 220v. – as the US. And wall plug-ins are the same. All the same amenties and building features available in the US — are available in Baja — and more affordable, including wireless internet and energy-saving solar technology for home, pool and garden.

Building in Baja

Building In Mexico: A Great Value

Local craftwork is extraordinary and construction prices are extremely affordable. General building costs range from $75 to $100 per-square-foot depending on materials used.

The most common building materials are stucco block and concrete.

Goregous locally crafted tile, stone and customized woodwork are hallmarks of the Los Barriles and La Paz- area builders. A special local feature is crafting stunning varnished support beams and finish work from work hulled from the core of the local Cordon Cactus. 

Baja uses the same electrical service — 110v and 220v. – as the US. And wall plug-ins are the same. All the same amenties and building features available in the US — are available in Baja — and more affordable, including wireless internet and energy-saving solar technology for home, pool and garden.