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With the skyrocketing price increase of properties in the U.S. and the changes to Mexican laws in the NAFTA agreement, foreign and Mexican developers, found in the beautiful Baja coastline, an option to provide a safe and convenient way for Americans and other foreigners, to own a beach front property as a vacation gateway, investment or retirement home.
Holding the same weather and coastline of Southern California, but with a fraction of its cost, people started to turn their heads to Baja. Now, Baja has multiplied its housing options offering luxury condos, ocean front houses and gated communities, combined with the fun, relaxing and affordable Baja life style.
There are some requirements and steps to follow the transaction of your dream home. Like every country in the world, Mexico has it's laws, indeed, laws to protect foreign investment. You can learn everything about them in our Investment section. Financing is also available to U.S. citizens, a very attractive option, right?
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Baja California or Lower California is a peninsula in the west of Mexico. It extends some 1250 km from Tijuana in the north to Cabo San Lucas in the south, separating the Pacific Ocean from the Gulf of California (or "Sea of Cortés").
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In the minds of European explorers, California existed as an idea before it was ever discovered. The earliest known mention of the idea of California was in the 1510 romance novel "Las Sergas de Esplandián" by Spanish author Garci Rodríguez de Montalvo. The book described the Island of California as being west of the Indies, "very close to the side of the Terrestrial Paradise; and it is peopled by black women, without any men among them, for they live in the manner of Amazons."
The lure of an earthly paradise, as well as the search for the fabled Strait of Anián, helped motivate Hernán Cortés, following his conquest of Mexico, to send several expeditions in the late 1530s and early 1540s to the west coast of New Spain. The first of several expeditions reached the Gulf of California and Baja California, and proved that the Island of California was in fact a peninsula. Nevertheless, the idea of the island persisted for well over a century and was included on many maps. The Spanish gave the name "California" to the peninsula and to the lands north, including both Baja California and Alta California, the region that became parts of the present-day U.S. states of California, Nevada, and others. |
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