NOTE: We pay 4% commission to a real estate professional who brings us a qualified buyer that completes the transaction. Situated in a charming gate-guarded community of San Antonio Del Mar, about 15 minutes south of the border, this Ocean-front lot is perfect for building your dream home. It is located off highway 1 (toll road) with both North and South entrances to the freeway. It is also located about 2 miles from the Real Del Mar championship golf and equestrian center. San Antonio Del Mar boasts 2 swimming pools and two tennis courts for home owners. The lot itself offers dramatic views of the coastline and the waves crashing below. This lot would easily be compared to the finest lot in Laguna Beach, at 1/20th the cost. Building costs in Mexico are less than 25% of costs in the US. For approximately $60-70 per square foot to build, it is a great opportunity to build the home of your dreams. A 3000 square foot home, will end up costing approximately $200K to build. With the addition of the price of the lot, your total cost will be around $350K . Property taxes on this lot run between $5-10 per month.. That’s one of the reasons why thousands of Americans are buying in Mexico. We have the name of one of the best contractors in Baja and will provide his information with a purchase contract. We also have the name of one of the best real estate lawyers in Mexico (very important to have a good lawyer when doing real estate transactions), but you may feel free to hire your own lawyer.
Here is a link to a home we built in San Antonio (about 200 yards from this lot) to show you what you can build in Mexico.

http://bobendana.com/mexico_beach_house.htm

There are almost no ocean front lots in communities left from Rosarito to Ensenada. Existing homes in Mexico that were built more than 10 years ago, are of inferior quality and are falling apart. This is the chance to build a beautiful home correctly to today’s standards. Comparable lots of this size were selling a year ago for $250K. One sold recently up the street for $175K. We are pricing our lot below market for a quick sale. The lot is free and clear of any leins or encumbrances. This is not leased land (as other properties in Mexico can be). US citizens are allowed to set up a bank trust on this property (50 or 100 years) which provides safety in the investment. When the bank trust gets close to expiring, a new bank trust can easily be created affording another 50 or 100 years. This is why there has been such a boom of US real estate investment in Mexico. Title insurance is available on this lot from Stewart title (at additional cost). The lot already has water and power tied directly to it.

Contact Dennis Sein (Owner) at 949-378-6283 for more information or to schedule a view of this property. He can also be reached at DennisSein@gmail.com.