El Cerrito Development Site
La Paz, Baja California Sur, Mexico
The property, El Cerrito is 29 hectares or 71.789 acres located ten minutes from the downtown heart of La Paz and less than thirty minutes from the International Airport. It has stunning ocean, city and mountain views and is only minutes away from the five kilometer Malecon [boardwalk], two marinas, and the new Gary Player signature golf course scheduled to open in 2010.
El Cerrito with its proposed project represents an excellent return on investment in a growing market with very little inventory of ocean view land, homes or condominiums in the city proper.
La Paz is rapidly developing into a destination for Canadian and American baby boomers looking for an affordable second home or retirement property in a desirable seaside community
price for the property is $5,000,000 USD.
| La Paz is the capital city of the
Mexican state of Baja California Sur. It is the political heart and most important
regional commercial center. Agriculture, fishing and silver mining being the main
industries. The city has a population exceeding 250,000, and the municipality
of La Paz is the fourth largest municipality in Mexico in geographical size, with
close to 300,000 persons living on a land area of 20,275 km² (7,828.2 sq
La Paz's population has greatly increased since 2000. This growth is partly because the city enjoys one of the highest standards of living and quality of life in Mexico, with average wages in the range of $27 USD per day, whereas minimum wages in the country overall stands at closer to $4.25 USD per day. Many of the poorer southern Mexican States' workers often have to work for half of that. New developments
Even though it is a city of a quarter of a million, La Paz still has that small town feel. Traffic is a breeze, there is little worry of crime, the streets are clean, and the people are exceptionally friendly and accommodating.
While so many of Mexico's coastal resort towns have relinquished their charm, La Paz has retained its authentic, "Old Baja," small-town appeal.
La Paz offers a spectacular five kilometer beachfront boardwalk, [The Malecon] which locals and visitors use to stroll, jog or just enjoy the fabulous bay views. It is famous for its colorful sunsets over the bay. The city has an abundance of colorful shops and markets, department stores, museums, galleries and theaters. There is a new Wal-Mart, and Sam’s Club, with Costco and Home Depot coming soon.
Within a 10- to 45-minute drive from La Paz lie some of the most beautiful beaches in Mexico. Many rival those of the Caribbean with their clear, turquoise water situated at the gateway to the Sea of Cortez, which Jacques Cousteau aptly called, "The world's aquarium." Eco-tourism is by far the major source of tourism income in La Paz as people come to enjoy its marine wonders, as well as its diverse and often unique terrestrial species endemic to the region. There are some 900 islands and inlets in the Gulf of California with 244 now under UNESCO protection as World Heritage Bio-Reserves and the Espiritu Santos Islands group, which borders the south eastern portion of the Bay of La Paz and are considered the crown jewels of the islands of the Gulf (also referred to as the Sea of Cortez/Mar de Cortes), the primary tourist destination of the area. Its diving, snorkeling, and kayaking are considered second to none.
La Paz is also favored by water enthusiasts for its marinas (Paraiso del Mar, Costa Baja Marina, Marina de La Paz, Palmira Marina, and Marina Sur, as well as its four boatyards, marine supply stores and cruiser club activities. The surrounding waters are full of adventure for experienced captains. Novice captains enjoy its nearby island coves for day or overnight trips along with a wealth of experienced sailors and boaters willing to share their expertise.
La Paz has recently become an ideal place for retirement. Money Magazine, CNN and the New York Times rated La Paz one of the best places in the world to retire outside the USA. Partly due to its relative closeness to the USA, a short two hour flight from Los Angeles serviced by Alaskan Airlines and Aeroméxico. The Márquez de León International Airport offers flights to the most important cities of Mexico: Mexico City, Guadalajara, and Monterrey, with Aeroméxico, Interjet, Aeroméxico Connect, Volaris and Viva Aerobus. Two ferry services operate from the port of Pichilingue outside the city, connecting the Baja California peninsula to the mainland at Mazatlán and Topolobampo, near Los Mochis.
The climate of La Paz is typically dry, warm and sunny with a year around average of between 23C-25C (75F-77F). Summer months (July-September) are often in the 30C’s (90F's) and can be humid. The winter months (December-February) are the coldest with temperatures dropping below 15C (60F), but mostly in the low 20’sC (68'sF). Breezes from the Bahia de La Paz keep the temperature mild. The bay also acts as a barrier against seasonal storms in the Sea of Cortez. Rainfall is minimal, although infrequent downpours can bring heavy rains. La Paz usually averages in with over 300 days of sunshine annually.
During the summer the cooling Coromuel winds, a weather phenomenon unique to the La Paz area, blow during the night from the Pacific over the Peninsula and into the Bay of La Paz.
La Paz is served mainly by two highways, the highway 1 that links the south of the state from "Cabo San Lucas" to the north of the peninsula until
Tijuana, and the highway 19, that connects La Paz with the population of the south pacific towns like "Todo Santos" and "El Pescadero".
Also is served by two secondary roads, the "Los Planes" highway that connects La Paz with places like "La Ventana", "Ensenada de Muertos" and "Los planes", the other is "Pichilingue" highway which links La Paz with it's maritime port.
La Paz is the home to the three
leading marine biology institutes in Latin America (UABCS, CIBNOR & CICIMAR),
largely because it sits on the Gulf of California which is the most bio-diverse
body of water in the world. It also supports four other university level institutes
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