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April 13, 2009

La Paz: Baja’s Hottest Properties

By Pardhasaradhi Gonuguntla

La Paz is the capital city of Baja California Sur, Mexico. Located at the southern portion of the world’s longest peninsula, Baja California Sur boasts some of the country’s most beautiful beaches and impressive natural resources. In recent years, La Paz has grown to become a sought-after vacation destination by savvy travelers looking for an alternative to the mega-resort towns found elsewhere in Mexico. Now, travelers are spending more than their vacation dollars here—La Paz is quickly becoming a prime choice for real estate investors looking for good value in a welcoming community that offers great weather and abundant leisure opportunities.

“Easy access from the United States along with pristine beaches and world-class recreational activities make La Paz a leading choice for real estate investors,” says Alberto Treviño, Secretary of Tourism for Baja California Sur. “CNN Money.com referred to southern Baja, from Cabo San Lucas to La Paz, as one of the ‘Fab Four’ waterfront corridors for Americans to live in Mexico (February 2006) and since then, we’re finding that more and more tourists who visit La Paz want to make it their home.”

CostaBaja Resort & Marina is a 550-acre eco-friendly development that has vowed to protect the Sea of Cortes and the destination’s fauna to ensure the well being of the destinations ecosystem. Clustering development around the land’s natural vegetation and original topography, CostaBaja preserves the unique features of the terrain throughout its 5 distinct neighborhoods. In addition to an exquisite collection of oceanfront casitas, villas and condos, CostaBaja currently features a 250-slip marina, resort hotel, waterfront village complete with restaurants, boutiques and a grocery store. Under development are an 18-hole Gary Player Design Golf Course (slated to open in 2009), deluxe Espiritu Spa, and a comprehensive system of walking trails.
www.costabajaresort.com

The resort neighborhoods of Paraiso del Mar are taking shape at the tip of a peninsula just 1/2 mile across the bay from La Paz. Paraiso del Mar occupies 1,700 acres, including 1,000 acres of property dedicated for a wildlife reserve, and nearly 5 miles of beach frontage on the Sea of Cortes. Once completed, this Audubon International Signature Development (the only real estate development in Mexico to achieve this designation) will offer 7 neighborhoods featuring beachfront homes, villas and condominiums. Amenities will include, an 18-hole Arthur Hills golf course, a beach club, central and neighborhood plazas, wimming pools, tennis courts and a marina.
www.paradiseofthesea.com

An exclusive resort and golf community, Maravia Country Club Estates will host a series of gated subdivisions, which will include residential property, a shopping plaza and an 18-hole Schmidt-Curly designed golf course. Maravia is dedicated to investing in the best available technologies to protect the environment including state-of-the-art solar energy systems in every home and a solar energy farm. This community as well as its website is currently under development.
www.maravia.org

An environmentally sensitive, residential community currently under development, Mesa Verde is located on 500 acres of an unspoiled and unique landscape. Situated 25 miles west of the Pacific Ocean and 10 miles east of the Sea of Cortes, the property is made up of high mesas and inland desert, sloping towards the sea with several “fingers” of land that extend towards La Paz with stunning panoramic views. The community will feature Eco-Villas, affordable but sustainable homes constructed with green materials and techniques. Additionally the development will include the Mesa Verde Organic Gardens and Orchards. Located on a stretch of land at the base of the mesa called “The Virgin Plain,” the orchards will contain rich, deep soil perfect for organic growth as well as some of the best underground water in Baja.
www.mesaverdebaja.com

Another residential resort community under planning and development, Azul de Cortes will integrate the local landscape with modern sustainability by incorporating features such as “green” recreational areas. The resort will feature an 18-hole championship golf course and clubhouse spread amount rural terrain, which will open preceding the completion of the Hotel Villas, a quaint Mexican Village and tennis courts.
www.azuldecortes.com

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The 33 luxury beachfront condominiums of La Concha Pearl Luxury Condominiums are located on 330 feet of one of the most pristine beaches in La Paz. Spanning over 45, 000 sq feet, the seven-story development was recently completed and aiming to be one of the most energy-efficient buildings in all of Mexico. Utilizing environmentally friendly construction methods, the developers of La Concha Pearl used a recycled foam-based product called QuadLock as a form for the steel reinforced concrete walls and flooring system, virtually eliminating any noise in between residences and providing a 40% energy savings. For an unmatched value, the spacious residences and five penthouses will feature spectacular views of the Bay of La Paz and offer owners exclusive use of the oceanfront entertaining area, featuring palapa, infinity-edge swimming pool, two heated spas with sea views and a poolside fire pit.
www.laconchapearl.com

Further south and approximately equidistant between La Paz to the northeast and Cabo San Lucas to the south lies Real de Santa Ana, a 220-home community that brings eco-friendly living to the tropical haven of Todos Santos. Also using the energy efficient material QuadLock, these homes will have reduced energy costs and equipped with extraordinary sound insulation from exterior noise and in-between rooms. Additionally, each home will contain a specially designed passive solar power system to dramatically offset the energy costs as well as water and waste recycling, making Real de Santa Ana the first truly “green community” in Baja California Sur. The project is slated for completion by summer 2010. www.RealDeSantaAna.com

Up until 1992, buying real estate along Mexico’s coastline was virtually impossible. Now, thanks to NAFTA (North American Free Trade Agreement) a growing population of 1.5 million Americans own property in Mexico. As a foreign buyer, rights of ownership are obtained via the establishment of a bank trust (known as a Fideicomiso) which is similar to a US family trust. Technically, the purchaser is the trust beneficiary and as such, is allowed to use, lease, sell, will, and improve the property. The trust must be established for 50 years and is easily renewable for another term.

Eco-tourists, families, honeymooners, mature travelers, artists, photographers, and others delight in their discovery of La Paz, Baja California Sur. Within convenient driving distance from Los Cabos and with non-stop flights from Los Angeles, La Paz is both accessible and exotic. For more information about La Paz, Baja California Sur call (877) MY-BAJA SUR or visit www.mybajasur.com.

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