Baja Mexico real estate is growing in value and continues to be one of the best locations to buy in Mexico. For those who visited the region in the past, and who are returning to call it home, real estate in Baja, Mexico is still relatively affordable and readily available, though the continued increase in population here has led to numerous reductions in available inventory. Options in real estate here range from highly affordable to luxurious and expensive. In some areas, the property is the most expensive in the country.
Baja, Mexico, more formally known as Baja California, is one of 31 states in the country of Mexico. It is on the northernmost and westernmost area of Mexico, on the Baja Peninsula. With a population of 3.1 million people, the region is large and growing. It sits right on the Pacific Ocean, near to the United States, making it an easy destination to get to for Americans. About 75 percent of the state’s population lives in the capitol city of Mexicali, or in Ensenada or Tijuana. Each of these areas as well as San Felipe, Playas de Rosarito and Tecate are important to the real estate market here.
The most valuable of all property in Baja Mexico is on the coastline. Many people who buy here do so to take advantage of the warm, peaceful Pacific Ocean. Baja, Mexico real estate for sale in this area offers a wide number of property options, but most are single family homes, townhomes or apartments, with apartments being the most common option for those who are buying from overseas. In addition to this, just outside the larger cities, and in areas such as San Felipe and Tecate, larger homesteads are available. Some of these pose the most value potential depending on their location.
That looking for Baja, Mexico rentals will find apartments the most commonly available property here, however renting a home, is also possible. Baja Mexico real estate listings provide a range of options in price ranges, with the most basic facilities being the least expensive. The more remote the location is, the lower the price. However, Baja, Mexico real estate for sale continues to build and grow, with some areas seeing a price per square foot of as high as US $2000 in areas where it cost $20 a square foot just 20 years ago. Those buying Baja, Mexico real estate are likely to see their investment grow over time, though there is no telling when prices will even out.
Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Baja Mexico real estate for sale and Baja Mexico rentals. Baja, Mexico real estate owners, agents, and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.