What's New In Real Estate?

May 16, 2016 Edition
BY: CYNDI WILLIAMS

Own a piece of Pescadero Paradise! If you are a Pescadero lover have we got a great surprise for you.  Ricardo Amigo Real Estate proudly introduces the release of a new community. Palm Orchard, Pescadero, a new and very unique gated, beachfront community with 21 acres of exotic palms, a true palm tree forest with over 400 meters of pristine and secluded beach. Front and back lots are all special and lush, various elevation and lot sizes with ocean, mountain & oasis views. Abundance of filtered & purified water connected to each lot as well as underground electricity, registered home owner association, 13 lots already sold, 24 hr security. This is a one of a kind property worth taking a good look at.  Higher end for the Pescadero area with lots starting a $249,000 but a one of a kind property worth taking a look at.  Awesome reason for a Road Trip. 

Protected Views?  Better check the zoning! We often hear stories of buyers that bought that piece of paradise with views of forever only to discover 5 years from their purchase a hotel is being built right in front of them or maybe a housing developer sold a view lot, charging outrageous lot premiums for a guaranteed view forgetting to disclose it would be only temporary as the land below would soon be developed blocking the premium view.  Trusting in the word of others because they promised you will not bring back your view. Unless you are oceanfront or everything surrounding you has been constructed according to the approved zoning, there is no such thing as a guaranteed view.

Yes, we do have a planning and zoning department here in Los Cabos.  We call it Implan and it is located in San Jose.  In 2014 a permanent zoning map was implemented which designates each and every properties land use.  We have commercial zones, industrial zones, multi-family zones, residential zones, residential touristic zones, hotel zones and even protected zones that can never be built on.  The map is large with lots of pretty colors outlining the specifics zones and specifying the building requirements.  What can and cannot be built on every parcel of land.  Prior to 2014 parcels were zoned but not specifically and the zonings could easily be changed to suit developer’s needs, for the right price that is.  Zonings had a tendency to change with incoming and outgoing administrations.  It came down to the old who knew who.  That is until our legislature approved the gospel zoning map we currently live by. Los Cabos has now evolved and the Wild West days as the old timers like to call them are long gone.  We do have a way of predicting what will be built around you, heights, densities, setbacks.  It is all there in the pretty colored map (with really small print).  Take the time to do the homework.  Go visit the nice people at Implan or find lots of info on their website: www.implan.com.mx

New Digs for Cabo Gold Real Estate. Long time Baja Real Estate Gurus Debra and Steve Dobson, owners of Cabo Gold Real Estate, are moving on up.  After 15 years in their current  Cabo Corridor location (aka The Blue Net Hospital Center) they decided it was time for a change.  Perfect timing as a brand new commercial/hotel complex has just been completed in Plaza Pioneros (aka the Amerimed Center) and Cabo Gold is just days away from moving in.  Debra and Steve are two of the pioneers in the real estate industry starting Cabo Gold real estate in 1993.  In 2000 - 2001 they became Prudential Cabo Gold proud owners of the first three Prudential franchises sold in Baja.  Two years ago when Prudential disappeared from the Real Estate world after selling out to Berkshire Hathaway Home Services (owned by Warren Buffet) Debra and Steve went back to their Cabo Gold roots and now they are picking up the game with a shiny new location with lots of parking, room for their entire sales and admin offices and wait for it.....they are adding a Coffee Break Café, Cabo Gold Café. So exciting! Best wishes to both of you and your staff.  Wonder if they will let us crash the Grand Opening?

Who doesn't Love an Auction? A new concept in selling high end Villas has arrived in Los Cabos and judging by recent success may be here to stay awhile.  Concierge Auctions, made a stunning entrance into our market place with their first of many to come successful auctions.  Debuting their talents last month with Casa Karen, a Cabo del Sol, 5 bd, 5 1/2 bath with over 7,000 square feet of indoor/outdoor living area beauty.  This property, originally priced at $3.1 million dollars was auctioned without reserve and closed at $2,400,000.  Netting basically what the seller was intending to receive in the long run but without the stress of waiting it out for what could be a couple of years of marketing, offers and more offers and harsh negotiations.  Concierge Auctions got the job done in 30 days.  The Sellers were thrilled, the buyers were excited and the realtors were compensated with full commissions.  In all languages we call this a win-win.  Doesn't take long for any of us to figure out this might just be great alternative marketing solution and so there you have it.  Three more auctions scheduled immediately.   A big one in the Pedregal on May 10th, followed by a Punta Ballena Villa on May 25th and then an east cape beachfront Mansion on June 16th and this party is just got started.  We can not wait to what is next on the Going, going, gone list.  Check these miracle workers out on Conciergeauctions.com and look for a full article with lots of fun, exciting details on this process and the people behind the scene in the next edition of the GG.

 

Compiled by Cyndi Williams Cyndi D. Williams, Broker/Owner, Cabo Premiere Investment & Real Estate, 624-158-8650 Mex Cell, 624-143-3700 Office, Cyndicbre@aol.com