Loreto Selected #1 Place to Invest in Mexico

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Calling growth in Loreto a “cinderella story of sorts”, NuWire Investor has ranked Loreto as the number one place to invest in Mexico. Rounding out the list are Merida, Guadalajara, Puerto Vallarta and Oaxaca.

It’s encouraging to see increasing attention paid to Loreto as it will only lead to more buyers, improved infrastructure and increased amenities. Hopefully it will also lead to a great place to vacation or call home. And, of course, it will mean our investments should do well in our Loreto Bay homes. After all we did take significant risk.

I remember visiting the Loreto Bay development in 2006 and looking across barren land of just sand and grass trying to imagine the realized vision of the development: villas, a PGA golf course, beach house, walking paths and gardens, shops along the pasadeo, and a vibrant community of home owners, vacationers, and water adventure seekers.

With the construction progress we are now witnessing in Aqua Viva along with the golf course renovation (which is turning out beautifully), every month is a step towards the realization of not only our home, but a wonderful new community.

Nuwire_weblogo_2 As a result of the enormous amount of investment dedicated to Loreto’s development, the small fishing village—home to just 14,000—is now regarded as an up-and-coming tourist hotspot, following the lead of popular tourist destinations such as Cancun and Ixtapa.

I hadn’t heard of NuWire before. A quick visit to their web site to read the article and learn more about them revealed that they focus on the “alternative investment marketplace” meaning real estate, commodities, franchises, etc. Given how volatile the stock market has been these days, it might not be a bad idea as a secondary information source. I’m not sure, will have to keep on eye on it.

Also, aside from the “Top 5 Mexican Real Estate Markets” article, there are a few other good ones that Loreto (and Baja) investors may want to browse. Summarized below.

1. The Top 5 Mexican Real Estate Markets

2. The Myth of Mexican Property Ownership

3. Loreto: Mexico’s Next Real Estate Hot Spot

With so much activity in Loreto Bay, Loni and I are planning a trip there shortly and look forward to sharing more pictures, video and stories. It’s an exciting time to invest in Baja!

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  • Barry

    <p>According to the reading from your links..</p> <p>&quot;Mexico has laws protecting property from foreign ownership in certain restricted areas, such as zones near the coast or border. Because Baja is so long and skinny, the entire peninsula is a restricted zone in which foreigners can't directly own property, Neil said. </p> <p>However, structures have recently been developed to allow foreign ownership of properties in restricted zones (see Mexican Property Ownership for details).&quot;</p> <p>…So what's the deal with you Loredo property ?….<br /> </p>

  • Boomers Abroad

    <p>Interesting information could be also found at <br /> Boomersabroad.com and at Latinamericanhomeinvestment.com</p>

  • Boomers Abroad

    Interesting information could be also found at
    Boomersabroad.com and at Latinamericanhomeinvestment.com

  • Barry

    According to the reading from your links..

    “Mexico has laws protecting property from foreign ownership in certain restricted areas, such as zones near the coast or border. Because Baja is so long and skinny, the entire peninsula is a restricted zone in which foreigners can’t directly own property, Neil said.

    However, structures have recently been developed to allow foreign ownership of properties in restricted zones (see Mexican Property Ownership for details).”

    …So what’s the deal with you Loredo property ?….

  • Boomers Abroad

    Interesting information could be also found at
    Boomersabroad.com and at Latinamericanhomeinvestment.com

  • Barry

    According to the reading from your links..

    “Mexico has laws protecting property from foreign ownership in certain restricted areas, such as zones near the coast or border. Because Baja is so long and skinny, the entire peninsula is a restricted zone in which foreigners can’t directly own property, Neil said.

    However, structures have recently been developed to allow foreign ownership of properties in restricted zones (see Mexican Property Ownership for details).”

    …So what’s the deal with you Loredo property ?….

  • eufemio

    <p>So it is great to invest in a desert community in a foreign country where you will have absolutely NO RIGHTS?? Have you forgotten that there is no water in the vicinity to support these investments? How much will your investment be worth when the water runs out? A Harvard University study published four years ago has given this town from five to ten years before the one and only aquifer becomes unusable due to saltwater intrusion but a state and governmental study shows that there is an even worse case that we face, geothermal intrusion. Freshwater is already showing high levels of heavy metals such as mercury and arsenic and we can thank the developers that are draining it at an accelerated rate. The level of cancer among long time residents is disproportionately high, a fact.</p> <p>Now IF your investment directs the building of a desalination plant how long do you think it will it take to destroy the marine life in the bay of Loreto? Once the Sea is destroyed by the discharge of toxic brine into the sea, Loreto's people will no longer be able to sustain their lives in this desert town. When this happens your investments will be worthless and you will go away but the people will be left with a sea without life and a city without water and have to emigrate out. The people are starting to understand this fact and they will not let it go this far they will take your land away before it happens just watch. How much water has the sustainable village of Loreto Bay created so far? The short and factual answer is NONE. </p> <p>Investors, the truth is out there and if you are wise you will do your due diligence before you part with your money. Loreto is a poor investment there are better places to put money into. These people will glorify everything because their own foolish investments that were made from pure emotion with information based on what salesmen told them, are riding on the success of the proposed projects here but they will lose. Don't be as foolish as these people were.</p>

  • eufemio

    So it is great to invest in a desert community in a foreign country where you will have absolutely NO RIGHTS?? Have you forgotten that there is no water in the vicinity to support these investments? How much will your investment be worth when the water runs out? A Harvard University study published four years ago has given this town from five to ten years before the one and only aquifer becomes unusable due to saltwater intrusion but a state and governmental study shows that there is an even worse case that we face, geothermal intrusion. Freshwater is already showing high levels of heavy metals such as mercury and arsenic and we can thank the developers that are draining it at an accelerated rate. The level of cancer among long time residents is disproportionately high, a fact.

    Now IF your investment directs the building of a desalination plant how long do you think it will it take to destroy the marine life in the bay of Loreto? Once the Sea is destroyed by the discharge of toxic brine into the sea, Loreto’s people will no longer be able to sustain their lives in this desert town. When this happens your investments will be worthless and you will go away but the people will be left with a sea without life and a city without water and have to emigrate out. The people are starting to understand this fact and they will not let it go this far they will take your land away before it happens just watch. How much water has the sustainable village of Loreto Bay created so far? The short and factual answer is NONE.

    Investors, the truth is out there and if you are wise you will do your due diligence before you part with your money. Loreto is a poor investment there are better places to put money into. These people will glorify everything because their own foolish investments that were made from pure emotion with information based on what salesmen told them, are riding on the success of the proposed projects here but they will lose. Don’t be as foolish as these people were.

  • eufemio

    So it is great to invest in a desert community in a foreign country where you will have absolutely NO RIGHTS?? Have you forgotten that there is no water in the vicinity to support these investments? How much will your investment be worth when the water runs out? A Harvard University study published four years ago has given this town from five to ten years before the one and only aquifer becomes unusable due to saltwater intrusion but a state and governmental study shows that there is an even worse case that we face, geothermal intrusion. Freshwater is already showing high levels of heavy metals such as mercury and arsenic and we can thank the developers that are draining it at an accelerated rate. The level of cancer among long time residents is disproportionately high, a fact.

    Now IF your investment directs the building of a desalination plant how long do you think it will it take to destroy the marine life in the bay of Loreto? Once the Sea is destroyed by the discharge of toxic brine into the sea, Loreto’s people will no longer be able to sustain their lives in this desert town. When this happens your investments will be worthless and you will go away but the people will be left with a sea without life and a city without water and have to emigrate out. The people are starting to understand this fact and they will not let it go this far they will take your land away before it happens just watch. How much water has the sustainable village of Loreto Bay created so far? The short and factual answer is NONE.

    Investors, the truth is out there and if you are wise you will do your due diligence before you part with your money. Loreto is a poor investment there are better places to put money into. These people will glorify everything because their own foolish investments that were made from pure emotion with information based on what salesmen told them, are riding on the success of the proposed projects here but they will lose. Don’t be as foolish as these people were.