Ensenada Real Estate
The Ensenada Real Estate boom is here. Oceanfront condos and luxury homes are popping out in Ensenada.
In this page: Realtors. Property management. Advice. Property Ownership and more...
Along its two coasts, one facing the Pacific Ocean,
and the other facing the Sea of Cortez, and inland, there are several upcoming developments within the Municipality of Ensenada.
This vast region is becoming irresistible property market.
A beautiful home in Ensenada, Baja California
Advantages Of Real Estate Investment In Ensenada
I am NOT an Ensenada real estate professional, but after living in this area for more than 20 years I got some general idea of why the Ensenada realty boom is happening.
Miles and miles of capricious rocky coastline festooned with beautiful, virginal beaches and impressive cliffs.
The countryside has an endless variety of undeveloped, peaceful locations. For example
Valle de Guadalupe, the Baja Wine Route, is becoming a desirable area due to the increasing popularity of its local wine industry.
Demand for condo units and homes, to buy or rent, is growing.
As new developments emerge, property management improves.
Developers and builders are experienced.
Costs of property plus annual property taxes are
a fraction of the same costs in USA.
Common Sense Real Estate
Whether you are considering to buy or rent property in Ensenada such as condo, home, villa, apartment or land, take into account the following:
Choose a location that best suits your lifestyle.
Make comparisons.
Do not make snap decisions.
List benefits of the location.
Always buy property with title insurance.
And -above all- look for the professional services of a licensed Mexican realtor.
Realtors
ensenadarealty.com
portohussong.com
century21.com
remax.com
Just copy and paste the selected URL in your browser to begin your search.
Real estate information: How to hold Ensenada property by a foreign individual.
1.- Mexican Bank Trust.
You may own property within the Restricted Zone or Prohibited Zone, through a fiduciary trust with help of a Bank Trust.
2.- Land Lease.
Since a land lease for a period of more than 10 years is illegal, it is advisable to limit it to 9 years and 11 months and get a new 9-11 period at its end, and so on...
3.- Federal Zone.
You may use Federal Zone land –which covers 20 meters from the highest tide line- only under a concession granted by the Federal Government.
Concessions are temporary and renewable.
Fees vary accordingly with the size of the federal zone
used and other minor factors.
Disclaimer
The above information is deemed to be correct
but NOT guaranteed and should NOT be considered legal advice. Get legal advice ONLY from a professional.
Have a successful Ensenada real estate hunting!
For anyone considering Ensenada real estate for vacations or retirement, SiteSell is a terrific investment
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