Investing in Baja California Mexico

[Julio Solano]

I'm looking to invest in Rosarito, Baja California Mexico. I'm looking for a property near the beach. price between 100k-200k. I want to rent it in Airbnb. I'm looking for advice on how to do this. anyone with experience on this topic?

[Lisette S.]

@Mark Mendoza

Hi Mark,

We bought a villa at a beachfront resort- it’s a 8-10 minute walk to downtown. It’s one of the oldest resorts, but well kept and managed- history and stability was important for us- as well as location. We Airbnb it started in Oct and so far it’s been busy and seems to be getting busier as we enter the warm season. We have to block ahead of time so that we can enjoy the place too. I’m a Superhost on that- we have people on the ground with maintenance, cleaning, security is fantastic . It’s been a good experience so far. I am estimating 8% ROÍ by end of year.

My parents bought in Rosarito when it was just a dirt road with little shops and stops. I mainly bought it so that my parents can have less to manage and go to at a resort- less steps, maintenance as they age etc. My husband is a realtor and works The área with a very reliable lawyer which is essentially what you need. I also manage a few Airbnb in the resort for other owners and it’s been great so far.

We have also just purchased land in El Valle de Guadalupe to build in the middle of the corazón of the Valle. We love wine and food- the place is just taking off and hope to build a few cabins and a home for us. El Valle has been listed in well known wine hubs as a place to go and it’s just getting started. Give Mexicans wine grapes and they break all the rules that European wines place on their grapes- mixing certain wines is prohibited in Europe, but in Mexico it’s an opportunity for creativity. Europeans starting their wineries in the area as well. And wow! Mexico is just starting to get into wine as a whole, the growing middle class etc. I see growth and potential.

People that tell you it’s dangerous may be hanging with the wrong crowd, or involved with different circles or stuck in some time warp. Don’t get me wrong- we are aware and vigilant like in California, but people saying some things it’s just weird. I wouldn’t go into some places in California but I don’t blanket it as all of California. Baja is beautiful and just driving down the coast takes me back to California in the 70s.

Just my POV