La Paz, the capital of Baja California Sur, Mexico is known for its sunny skies, sandy beaches and unparalleled marine life. Scuba divers and snorkelers from around the globe vacation here — or purchase real estate in La Paz, Mexico and the surrounding region — to be near the Sea of Cortez to take advantage of this natural wonderland. In fact, many homeowners at CostaBaja Resort & Marina are scuba and snorkeling enthusiasts and join those who awe and wonder at the neon fish, unique crustaceans and splashing dolphins, but sea lions are what garner the most praise and become the topic of conversation over a delicious seafood diner. From their distinct personalities to their cute little ears, sea lions truly are magnificent creatures.
[+] Read more about Sea Lions
The Sea of Cortez in La Paz, Mexico is home to one-third of the world's dolphin population due to its abundance of smaller sea creatures, such as squid, crabs and fish that dolphin feed on. Renowned for their playfulness, intelligence and affection towards humans and each other, dolphins can't help but amuse snorkelers and divers with their seemingly smiling faces. There's no denying dolphins are almost magical creatures, complete with their own special language and gregarious personalities.
[+] Read more about Bottlenose Dolphins
There is no doubt that the real estate market in Mexico is highly influenced by conditions in the US. Yet, there are those who insist that even with its heavy reliance on the US for trade, Mexico and real estate in Mexico is able to stand on its own two feet. In most areas of Mexico, property taxes are still holding at about 0.1%. [+] Read more about current real estate market conditions in Mexico.
Because of the similarities of real estate transactions in general, it is easy to assume that the basic terms and principles which are familiar in the United States also hold true in Mexico. Although, there are many aspects of Mexican real estate transactions that are identical to procedures carried out in the United States, there are many aspects that are completely different. [+] Read more about the unique nature of Mexican real estate transactions.
There are usually four players involved in purchasing property in Mexico, besides the buyer and the seller: A real estate company (or real estate agent), the buyer’s lawyer, a bank and a Public Notary. Transactions outside of the restricted zone do not involve a bank since it is not necessary to establish a real estate trust in those areas. [+] Read more about who is involved in Mexican real estate transactions.
Property values in Mexico, like in the US, tend to increase year-over-year. As the demand for oceanfront property in the US has outstripped supply, it has become an unobtainable and unaffordable commodity for the average person. In Mexico, there are still numerous locations where one can still afford the ocean front home, condo or lot as prices started at a much lower price point. [+] Read more about the future of the real estate market in Mexico.
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FEATURES
"Best of Mexico" Celebration
I recently had the privilege of attending this splendid celebration of authentic Mexican food, wine, tequila and artisans — all of which were absolutely fabulous. First of all, if you haven’t seen the exclusive CostaBaja Beach Club, you’re missing a treat in itself. [+] More on the "Best of Mexico"
With an "old Baja" feel, La Paz takes pride in being an authentic Mexican small town and, at the same time, as the capital of Baja California Sur, it is a vibrant city with many cultural advantages. Located as the Gateway to the Sea of Cortez, which Jacques Cousteau aptly called, "The World’s Aquarium,” La Paz offers spectacular sport fishing, boating, scuba diving and a whole host of water sports, along with some of the best beaches and adventure-tourism in Baja! [+] More on La Paz, Mexico
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95°F La Paz, Mexico
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