Loreto, Mexico was once identified to be a potential blockbuster destination by the Mexican tourism agency, only to be promptly forgotten when places like Los Cabos and Cancun took off. After pumping $200 million dollars into infrastructure improvements, the tourism agency turned their attention to other areas. Left for dead, Loreto was rediscovered recently by [...]

When considering real estate in Mexico, it would be helpful to know what fees to expect to get a better idea of the actual cost of the property. A more detailed explanation of fees can be found at the Global Property Guide. The following figures were good as of Apr 20, 2007, but should help [...]

Investors in Mexico real estate may be surprised at some of the things that are more expensive in Mexico. While services like housekeeping and health care are much cheaper in Mexico, expenses such as energy, electronics, and telecommunications are actually more expensive according to an article by Baja real estate broker Brian Flock.
Energy
Electricity is about [...]

1. President Felipe Calderon has set a national goal of a million new mortgages a year by 2010
Government regulation should boost the housing market by aiding people to get homes of their own.
2. Overall debt remains low for Mexico’s lenders
Lending institutions are more willing to lend to home buyers and have increased lending significantly. However [...]

Increasing living costs are not just affecting American families, Mexico’s economy has seen its consumer prices rise .23 percent in April and 4.55 percent from a year earlier according to Mexico’s central bank website, the highest increase since May 2005.
In comparison to the financial crisis in 1994, that caused Mexico’s annual inflation rate to skyrocket [...]

If you want to experience life in Mexico, you don’t always have to pay big bucks for lodging. In fact you can find places to live for free through a home exchange. Homeexchange.com is a site that will help you find people who want to swap homes with you. Homeexchange.com costs $99 per year for [...]

ING Real Estate announced yesterday that it will partner with Grupo Carrousel and Operadora Punta Maroma to develop a new $150 million ocean front luxury resort along the Riviera Maya according to Thomas Financial News.
The resort will include 86 ultra-luxury hotel villas, 127 residential units, a 10,000 square foot clubhouse, and an 18-hole golf course. [...]

NuWire Investor just named Loreto the best place in Mexico to invest in real estate. Loreto, which is located on the east coast of the Baja Pennisula, may just be the next blockbuster tourism spot in Mexico.
Good Infrastructure
Loreto currently is home to an international airport, marina, wastewater treatment plant, a tennis center, and a golf [...]

1. You can set up a trust to own land in restricted areas.
The government technically restricts ownership of land to foreigners in areas near the coast, which is where most of the good real estate is. However, you set up a trust called a fideicomiso through a Mexican bank that grants you virtually all the [...]