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Location: Km. 41.5 Free Road Between Rosarito and Puerto Nuevo (Lobster Village), Ten miles from Rosarito beach and thirty miles from the US border at San Ysidro. You can drive thru toll road directly from the border.

Square Footage of Homes: 4000 sq. Ft. on three Levels.

Construction: Block walls, filled with concrete and steel structure.

Interiors: Fine woods, tiles, first class materials. Tile imported from Italy and Spain, as well as Mexican tile.

Electrical: Installation with American codes.

Plumbing: Installation with American codes.

Bedrooms: Three bedrooms on upper level, with possibility to build a fourth on garage.

Bathrooms: Four Bathrooms, one in garage, one in dinning area, and two in the bedroom area.

Sun Deck: On upper level, stairs access.

Jacuzzi: On main bathroom, other bathrooms optional.

Fixtures: All American and first class.

Price: From $350,000 USD, First three levels of development to $525,000 USD for houses near club house.

Form Of Payment: Optional, if cash, discount will be negotiated between buyer and seller. If Financing 30% (Thirty Percent) down and balance up to three years at 7.9 % (Seven Point Nine Percent) Annually.

Title: Foreign buyers will get a fifty years trust thru a Mexican bank. Fees for managing trust from bank, $600.00 Dlls a year.

Property Taxes: Around $200.00 Dlls a year.

Home Owner Association fee: $200.00 dlls. Monthly. It Covers security, maintainance and good keeping of development.

Security: 24 Hours, electronically and with on duty Security Guards.

Streets: All Concrete.

Security Walls: Around all areas of development with only one entrance thru main entrance. T.v. surveillance cameras on all surrounding areas of development.

Utilities Available: Telephone, cable, satellite t.v., internet by satellite, gas, electricity (Underground installations).

Club House: Swimming pool, Jacuzzi, sauna, steam baths.

Beach: Private, sandy beach (Nature Design), Private beach access provided.

Installations and and constructions: 100% Guaranteed. 

Permits: All in order, available for inspection to customers.

Title to foreigners: thru a trust established with a Mexican bank.

How This trust Works: If a foreigner, as provided for in the said May, 16, 1989 Decree, Issued by the president of Mexico at the time Carlos Salinas, wishes the right to use a certain piece of land, He can instruct a Mexican Fiduciary Institution (A Bank), as trustee, to purchase and hold the property for up to 50 years, the trustee will become the new legal owner subjected to the clauses of the trust contract, which guarantees the beneficiary his full right as described hereafter.

Rights of the beneficiaries: The beneficiary will have the right to use and enjoy the property, that is, he may live on the land, undertake any construction necessary, and instruct the trustee to transfer the property to any person who has the legal capacity to acquire the same. Furthermore, the Beneficiary has the right to assign his beneficial rights, with the sole obligation of giving notice to the trustee of such assignment. In other words, the trust contract (Fideicomiso) Guarantees the Beneficiary the property, without restrictions, as if he where a Mexican citizen.

Obligation of the Beneficiary: The Beneficiary will be obligated to pay the duties on the land, (Real Estate property taxes, utilities as well as the trustee's fees).

 

 

Higher Level Homes Start at $350,000 USD and Lower Level homes reach $525,000 USD

 

Homes Valued at $350,000 USD and up.

 
 

Copyright 2006 Pelicanos Bay S.A. De C.V.