On Sunday, January 25, 2009, the New York Times published a special magazine section highlighting the many virtues of Mexico. "So far, neither the U.S. sub-prime crisis nor the recession has significantly dampened the cross-border flow of American and Canadian baby boomers who are putting their savings into second homes in Mexico. Typical 'foreign' property markets such as Cancun, Puerto Vallarta, Acapulco and the Baja California Peninsula continue to see investment in new developments...
And without a doubt, Mexico gives more bang for the buck than destinations north of the border. Real estate taxes are about a tenth of the average in the States, and although Mexico’s popularity has pushed prices up, real estate agents say that they are now leveling off.
Quoting further, "Baja California Sur has two extremes: the fiestas of Cabo San Lucas and the deserts inhabited only by a handful of sleepy towns and a flora and fauna capable of withstanding extreme conditions. Playa de la Paz offers the best of both worlds: luxury in a beautiful seaside resort that sits in perfect harmony with the wilderness of the surrounding desert."
Categories:
Baja California,
beach resort,
high end,
low key,
Playa de La Paz,
playadelapaz