Secture Promotes Tourism Investment in Baja Calilfornia with the support of consulate of mexico in L.A
Los Angeles, Cal .- Thursday April 24, 2008 .- The Secretary of State for Tourism, Oscar Escobedo Carignan, participated in the event called "Promoting Real State and Tourism in Baja California, "which took place at the premises of the Consulate of Mexico in Los Angeles.
In his presentation Secture’s Secretariat presented the extraordinary development that Tourism related development has occurred over the past seven years in Baja California, at present there are just over 100 such developments only on the Pacific Coast between the towns of Tijuana, Rosarito and Ensenada.
On the other hand,he indicated that the Mar de Cortez area also is experiencing a similar extraordinary development, including developments in San Felipe, as is the only golf course in Mexico that is irrigated with salt water.
"We have 1, 380 kilometers of coastline, which are one of our main attractions, a beautiful Pacific Ocean and a warm Sea of Cortez that has been nominated by National Geographic as the aquarium in the world, "said Escobedo Carignan.
The Secretary of Tourism called on those present to know Baja California and emphasized a large investment opportunity that brings the extraordinary development which is recorded in the entity by adding complementary services in the field Tourist.
Previously, the Consul General of Mexico in Los Angeles, Juan Marcos Gutierrez Gonzalez reiterated the importance of conducting this kind of events in which one has the opportunity to make known what the state of Baja California Has to offer and the big advantages for investors in the tourism sector.
During the event which took place last Tuesday evening, the participation of Javier Godinez Villegas, president of the Mexican association for assistance of Retired persons ,also key officials, promoters , real estate developers, consultants and Representatives of various agencies and associations in Southern California.
Baja on loan...
By: Ronald Hoff
Posted: Thu, 01 May 2008
Original URL: www.bajagringo.com/BajaTimes
Baja Gringo Moving to Baja California México
Destinations on this planet can be put into many categories including popular, affordable, historical, accessible, exotic, fun, exciting, culturally diverse and more. Some will be put on the checklist of "must do at least once in my lifetime". Others seem to become a place that we cannot get enough of, no matter how many times we visit. On rare occasion you might find a very special place that seems to combine all these key traits and will even make us think out loud, "I can actually imagine myself living here".
I said those very words myself years ago, walking on a sandy Baja California beach.
No single destination can offer everything to everybody. Even if that were somehow possible you probably wouldn’t want to live there anyway as you would quickly be sharing it with a few billion more like minded folks. I can honestly say that after years of travel and living abroad on different continents I have yet to find a single place on this planet where I would rather be than right here on this beautiful stretch of land that makes up the northern Baja Pacific coastline. I have never before felt so connected to any place, people or culture as the bond that I now share with this magical place.
What draws us to this wonderful stretch of Pacific Ocean real estate is probably as unique as each one of those who have chosen to make their visit here a permanent one. Year round mild climate, low cost of living and affordable health care with a white sandy beach out the back door are just a few of the reasons the northern Baja California peninsula has become a top retirement destination for baby boomers looking to retire earlier with an active adult lifestyle.
Since I began writing this column on life as a Gringo living in Mexico a few months ago I have received hundreds of emails from folks considering making the same decision I made on that Baja California beach, years ago.
Questions about cost of living, buying property, renting, border access, TV, internet, phones, language, security, doctors, dentists, lifestyle, bank trusts, notarios and price of gasoline arrive in my inbox every day. I make an effort to answer each and every one and I must admit that it has been a very rewarding experience in the process. Along with their questions, many have taken the time to share their stories and reasons for moving to Baja California, Mexico.
Many of the questions fall into similar categories but one of the things that surprised me is the diversity in the backgrounds of those asking the questions. They range from 25 years old to 80 plus. They are engineers, plumbers, electricians, teachers, artists, prison guards, bureaucrats, musicians, retirees and entrepreneurs. Some look to live out their golden years in Baja while others will be running online businesses from their homes. Many have grown children and grandchildren but others told me of wanting to raise their young children to experience life in a different country and culture.
My biggest surprise would come in discovering where all these emails are coming from. Considering it from a geographical point of view, I expected that most would hail from the southwestern United States and maybe a few more from the rest of the USA and Canada. The reality is that they are coming in from all over, including Germany, Korea, Israel, Spain, South Africa, England, Belgium, India, France and too many others to list all.
The enchanting call of the Baja peninsula is far reaching and in the past few months I have come to better understand the unique responsibility I have been given. The reality is that it is a responsibility that all of us have been given who now call this seductive stretch of ocean front real estate our home. We have the opportunity to open new doors for others and increase our own cultural awareness and life experience on the Baja California peninsula along the way. It is a small debt we pay for the gift we are so blessed to live and enjoy and one that is so easily taken for granted. Responding to the many emails each day I am constantly reminded of how lucky I truly am. How fortunate we all are who have been given this wonderful opportunity to live life in such a special way and in such a beautiful place.
I remember reading once that the greatest gifts in life; children, love and life itself are only on loan to us. They can never truly be owned or possessed. They are to be cherished, enjoyed, nurtured and shared. Baja is one of those gifts.
As Gringos living on this peninsula we have been so graciously allowed to share in the gift. Enjoying the Baja lifestyle we all love suggests that we now should also consider taking on the role of stewards and caretakers of this wonderful gift on loan. I have had the pleasure to meet and know many who share this perception and commitment to the Baja peninsula. I invite others who currently live here part time, full time or even considering the move here to join in this rewarding adventure.
Conservation of fauna, habitat and coastal waters in addition to community cultural development, ministries to the less fortunate and teaching are just a few of the opportunities available to those wishing to participate. It is a very rewarding experience and may open your eyes to gifts and abilities you never even knew that you possessed.
We only stop learning and growing when we choose to.
Baja California is currently on loan and all of us here are her caretakers. Giving back is an appropriate and noble response. Giving back to Baja in our own way offers the chance to pass on this gift to our grandchildren, and to their grandchildren who will follow. What a beautiful legacy to leave that will be long remembered after any other inheritance has long since been spent or lost.
I dedicate my personal contribution to the Baja peninsula in remembrance of my precious Olivia who left this earth at the tender young age of fourteen to become her Daddy’s angel, four years ago on April 22, 2004. I pray that I might even be able to add something special to this beautiful place to honor her name, along the way...
'Roulette Economy' of 2007 Is Almost Over
"2007 has been a year of challenge; 2008 will be a year of opportunity for serious buyers and for REALTORS®," NAR Chief Economist Lawrence Yun told a packed house at the NAR Conference Tuesday.
What Yun characterized as “the roulette economy” of 2007, fueled by subprime greed and then buyers’ fear, is almost over. With a favorable economy, pent-up home demand, and Wall Street "fessing up to its losses and cleaning up its underwriting," 2008 will be a healthy market for serious buyers, he said.
Home prices nationally have declined by some 1.5 percent in 2007, which is "no big deal" after years of rapid appreciation, said Yun. In addition, he noted, there are still many markets such as Utah, North Carolina, and Tennessee that are appreciating and may even be undervalued.
Remind Clients That Markets Are Local
“REALTORS® have to educate their clients that all markets are local and that problems in a few areas aren’t meaningful," he said. "A national picture of the real estate market is just about as valuable as giving a national high temperature for the day."
Yun also noted that while the credit crunch slowed deals in 2007, much of the pain is being felt in the subprime area, while other mortgage sectors are stabilizing. Subprime constitutes only about 10 percent of mortgage loans, but accounts for some 40 percent of current foreclosures. Going forward, proposed federal legislation that would increase FHA loan limits should help moderate-income buyers, said Yun.
Yun expects GDP growth of 2.8 percent and job growth of 1.1 percent in 2008. Inflation should also remain under 3 percent, and interest rates should rise only slightly, he predicts. “For buyers who are into home ownership for the long term, housing still remains the best investment,” he concluded.
Strong Fundamentals Bode Well for Housing
Other national sales downturns in the last 30 years were spurred by broad economic problems, Yun said. This year, by contrast, economic fundamentals remain solid, with the U.S. gross domestic product expected to grow by a respectable 2 percent, supported by 2 million job gains in the last two years and continuing low interest rates.
Yun said 2007 existing-home sales will exceed 5.5 million, close to the level in 2002, a record-setting year. At the same time, home prices remain near record highs despite drops in a few markets.
The New Real Estate development "Costa Ladera" will generate 60Million dollars to the annual Ensenada Economy
Baja 1000 Development Group 1, presented the master plan of Costa Ladera, a new development in Ensenada, this development will generate 3 thousand permanent jobs and income in the range of 69 million dollars annually. "Ensenada is the jewel of Baja California and we are committed the bright future of this community .New Jobs, better economic opportunities, respect for nature and cultural heritage", said George Blackstone, president of Baja1000 Development Group 1LLC.
"working closely with the community ,we plan to create a prosperous destination and a better future for the people of Ensenada", Costa Ladera, located along the pacific coast in highway 1, at El Sauzal will be a self sustained community. First phase includes 10 hectares that will begin construction in the first quarter of 2008, will construct 634 units including a 120 room Hotel & Spa, three towers consisting of 24 floors each, each tower will host 120 high rise units.38 low level units, and 103 one or two level villas with ocean view. Quality will be of high standards both in facilities and service including Spa, deluxe gym facilities, excellent restaurants, pool and cabanas, stores, art gallery, theatre, and events facilities. According to a study on economic impact by CETYS university, Costa Ladera will generate 3,132 new jobs related to Hospitality, food services, construction, spa/wellness and health among other, plus the economic impact of more than 68 million dollars annually to the local economy, making this one of the most important investments in Ensenada’s economic history.
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