15 April 2008 106 views 3 Comments

If you are looking for an opportunity for investment in Mexico real estate, La Paz, Mexico is an excellent location to investigate.

Strong Location

La Paz is located at the southern tip of the Baja California peninsula just north of Cabo San Lucas and overlooks the Sea of Cortez to the east. It is around 600-700 miles from the border of the US.

photo courtesy of Sea Trek Kayaking Ocean Center

Attractive Price

Rental properties can be found for as little as $100,000 to $150,000 according to James Glover of Baja Real Estate and Consulting in an article by NuWire Investor. Compared to it’s close neighbor, Cabo, real estate is much more affordable and has a great opportunity for appreciation. It has a lower demand for rental units than Cabo, but there is a reasonable market of tourists looking for a quieter and more authentic atmosphere.

Strong Infrastructure

La Paz has a extensive infrastructure in place with “state-of-the art hospital facilities, schools, universities, shopping, and more” according to an interview with Mexico real estate developer John Fair, by Nuwire Investor. La Paz is home to an international airport with service from seven airlines (1), eight universities and is the capital of the state of Baja California Sur. Schmidt-Curley Design have announced they will begin construction of a par-71, 7,068-yard golf course just 15 miles north of La Paz (2) which will boost demand for rental units in the area.

La Paz is expected to have steadily climbing appreciation rates and represents one of the best value investments in Mexico real estate.

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