For years, Mexico has been emerging as a lucrative and secure investment hotspot for foreigners and all real estate gurus alike. Within the past year Mexico has gained worldwide center attention as major U.S. real estate developers and agencies have been swarming Mexico’s coastline.
Even real estate and mortgage companies, such as Lyons Enterprises Incorporated (LEI) have been integrating into the Mexico market, offering foreigners U.S.-based 30-year mortgages in U.S. currency or 20-year mortgages in peso currency. LEI’s newest division, LEI Mexico, has developed a satellite realty company (Pinnacle Realty) in Tijuana, Mexico to be able to offer detailed services in the booming area.
Some foreign investors have still remained a little skeptical of the Mexico market from past scares of unsafe ownership laws, even though the fideicomiso has been implemented to ensure the property owner title ownership guaranteeing security.
This last lingering skepticism may now be wiped away as Donald Trump has announced his company’s newest development across the border. The article, “Trump Organization and Irongate Developing 526 Suite Hotel Condominium Resort in North Baja, Mexico, Near San Diego” posted on hotel-online.com further validates the prosperity of the Mexico real estate market.
The Trump Ocean Resort Baja Mexico will be a luxury condominium-hotel resort located in North Baja, Mexico, which is about 30 minutes from downtown San Diego.
“Developed as a partnership between the Trump Organization and Los Angeles-based real estate development and investment company Irongate, Trump Ocean Resort Baja will bring a new level of excellence in design and service to the North Baja peninsula. Trump Ocean Resort Baja will be the first resort along the peninsula to combine luxury resort amenities and services with real estate ownership.”
This new development is going to bring a whole new world of class to the Mexico market. With captivating views of the Pacific Ocean and the Coronado Islands from the awe-inspiring cliffs above, everyone from middle-class to the upper echelon in society will be booking a condo as an investment or vacation property.
“‘Trump Ocean Resort Baja will redefine the standard of premier property ownership and service excellence for all of Northern Mexico,’ said Trump. ‘I’ve always said, ‘location is everything,’ and being just 30 minutes from downtown San Diego makes this an ideal locale for a premier resort property.’”
The biggest thing in Mexico since guacamole will obviously be very different from any other hotel or condominium complex in the area, offering the full amenities of an owner’s concierge, a lobby bar & lounge, a pool house bar & café and a fine dining restaurant; not to mention all the tennis, swimming pool and ocean walkways you could imagine.
The amazing thing about this luxurious getaway is that it can be very affordable for just about anyone looking for a second property with the option of going big with an elaborate, more extensive penthouse unit of course.
“Prices for studio, one-, two-, and three-bedroom residences start in the mid-$200s and will range from 532 to over 2,200 square feet of indoor and outdoor space.”
Prices like these are extremely marketable and it is no wonder why LEI Mexico has jumped in the game becoming one of the preferred lenders of the resort.
Mexico has been, is and will continue to be one of the most lucrative real estate markets in the world. Major developers like Trump aren’t letting the prime investment opportunity go to waste, why should you?
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