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Apr 08
2009

RETIRING IN SAN QUINTIN - REASON #3

Posted by: Tim Talbott in MyBlog

Tim Talbott
3.  Price of Real Estate
How many Americans have dreamed of retiring to a home by the sea?  How many of us will have a retirement income that can even pay the taxes on a waterfront home in the US?

 

The dream is still possible in San Quintin, where waterfront properties, (and their annual taxes), can be as little as ten percent of the cost of an equivalent property in southern California.  Waterfront lots can be purchased for under $30,000.   

The beaches of Camalu, San Ramon, Chapala, Santa Maria and El Socorrito are all spectacular, sandy beaches, most with great clamming, surf fishing and other popular beach activities.  

And if being on the beach is not your thing, but you would like to see it, ocean view property is available along the entire San Quintin valley.  In most of Baja, neither waterfront nor view property has been valued like it is
north of the border.  Most Mexican families don't care to live next to the ocean and don't feel it is a great benefit to see it.  The demand for both waterfront and view property by Americans moving to the area is
changing this, but, unlike the towns closer to the border, prices still reflect the attitude of the locals.

While building materials are no bargain, and in some cases are higher than in the US, they are off-set by the lower cost of labor.  The cost of building a house, if local products and methods are used as much as possible, can be significantly less than a comparable home north of the border.  And if care is taken in selecting a builder you can still get a very high quality product.

Those who wish to rent a home are also in for a surprise.  When I moved to San Quintin I rented a brand new, very comfortable two bedroom home, completely furnished, for $325 per month.  At the prices available, renting is a reasonable alternative to buying or building, especially in the short term while finding exactly the right place to buy or build.

If its a small ranch, (or a large one), or room to grow a garden or keep animals, or just having your own privacy, larger parcels are available for as little as $4,000 per acre.  

There's a lot here for you at the beaches of San Quintin.  Come... sea for yourself.
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