June 11, 2007

La Paz Update June 2007

Posted in Newsletter at 4:04 pm by osmx

La Paz Update June 2007


Here it is June busting out all over and summer vacations starting.  Hurricane season has started also.  We usually don’t get much activity until later in the year.  However there have been some tropical storms forming down south already, so it may be a busy storm season this year.

There appears to be a lot of construction activity at the Paraiso Del Mar development over on El Mogote.  They are pouring foundations and building pads.  They say that they will deliver about 3 homes per month starting in September.

Costa Baja is working on their next phase.  They estimate occupancy in about 2 years.  It is a large development and is to include a golf course.

The La Concha Pearl condos are past the pad stage and should start vertical construction.  About 16 of the 34 units have been sold.

Colina Del Sol La Paz has only a few of the one bedroom units remaining.  Depending on the floor prices are from $192,000 to about $216,000.

Colina Del Sol Los Barriles development is working on the streets, water lines and underground utilities in their phase one.  They plan on building a model home this month and other home construction should begin also.  Most all the lots will have a view of the Sea of Cortez.

hacienda del Cortez hotel is scheduled to close July 31.Construction on the new condo/hotel should start in September if all goes well.  Their plans and prices have not been released yet.

The near-by Grand Baja condo conversion is still under way.  I hear a change of plans will include a three or four floor parking garage.

Not much news from the Playa La Paz development.  The work continues on site.  No info on sales at this time for these high end units starting at $750,000.

The local government is to spend a couple hundred thousand pesos on the improvements at the cornmeal beach area.  Nice beach and should blend in nicely with the rest of the malign improvements.

There are a couple new 3 bedroom units remaining in a small gated development on the south end of the abasola.  Good location and convenient to everything.  Priced about $260,000.  Also near-by in the Fidepaz area and three nice homes prices run from $180,000 to $399,000

Maravia development out by Tecolote has installed more water lines and streets so more home construction can be started by the lot owners.

Planning work is under way on their golf courses also.  There are a few lots remaining in phase one.

As a side note, the Ocean Oasis condo and villa development is sold out.  All of the units were sold by AMPI members the professional Realtors of Mexico.  If you plan on buying property in Mexico hire a professional.

I still have a fixer upper in the rustic  (country) area of Chametla.  If you are a do it yourselfer this would be a good project.  Asking $65,000 but will consider reasonable offers.  On the other end in a rustic area is a new beach front home on a half acre plus for $750,000.

A commercial condo/apartment lot is available a block off the Malecon and a commercial building on the Malecon will be available for sale soon.

If you are interested in any of these or other properties in the La Paz area let me know.  Information on some of these properties are on my web site http://osmx.com  or email me for more information.  omni@osmx.com

Holiday’s to remember in June are Flag Day on the 14th and Fathers Day on the 17th.  Today June 1 is Navy Day in Mexico.

Enjoy the summer.




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