The La Paz real estate market offers some of the best opportunities for homebuyers looking for their own piece of Mexican paradise. Located on the picturesque Sea of Cortez, La Paz is the capital of Baja California Sur and is home to more than 200,000 residents. In contrast to the glitzy and glamorous Cabo San Lucas, La Paz offers a more relaxed and authentic Mexican atmosphere and lifestyle. Since celebrities and the super-wealthy tend to flock to Cabo San Lucas, La Paz real estate offers lower average housing prices and greater affordability.

Snorkeling in La Paz Bay, courtesy of Costa Baja Resort Marina and Golf

Whether house hunters are looking for ocean views or beachfront properties, the La Paz real estate market has many appealing options to choose from. For those looking for a vacation home or an investment property, it’s possible to find attractive properties with good rental potential for as little as $100,000 to $150,000. While the demand for rental properties in La Paz is not as high as it is in nearby Cabo San Lucas, there still is a definite market for weekly rentals in the area. Better yet, La Paz real estate offers incredible long-term growth potential in addition to affordability, so owners of property in this beautiful part of Mexico will likely see their homes appreciate in value in the coming years.

Subculture on the Malacon, La Paz

For potential homebuyers who are looking for a quieter and even more romantic location for their new home that will still allow them to have easy access to the many amenities and services found in La Paz, the Todos Santos real estate market is a great place to search for properties. Situated within easy reach of La Paz, Todos Santos is a charming, village-like city in the foothills of the Sierra de la Laguna Mountains. Home to approximately 6,000 residents, Todos Santos has seen significant restoration in recent years and offers a variety of different types of attractive yet affordable properties. Homes on the Todos Santos real estate market can be found for as little as $120,000 for half acre lots near the beach while somewhat smaller beachfront properties can be found for as low as $300,000.

While La Paz and its surrounding area offer affordability and excellent investment opportunities, it’s also a great place to live for many other reasons. This city has significant infrastructure, including first-class hospitals, an international airport and several universities. La Paz is also known for its vibrant culture and offers many opportunities for both permanent residents and visitors to experience local Mexican customs, culture and festivities.

Owners of La Paz real estate also benefit from the city’s unbeatable location. Stretches of stunning white sand beaches, majestic mountains and the sparkling Sea of Cortez provide La Paz with breathtaking natural beauty that never gets old. These natural surroundings also mean that opportunities for outdoor recreation are abundant. From water sports to hiking and cycling, the possibilities are practically endless for those who enjoy an active lifestyle.

Marina at Costa Baja Resort and Golf, La Paz

With such an exquisite landscape and so many amazing opportunities available, the La Paz real estate market is truly a gem of Baja California Sur. This city is the perfect place to enjoy the very best of Mexican culture, tropical paradise and investment opportunities. When it comes to long-term property appreciation and an idyllic lifestyle, La Paz is simply the premier choice

Tags: Cabo san Lucas Real Estate, Costa Baja Resort Marina and Golf, La Paz, La Paz real estate, Todos Santos, Todos Santos real estate Cabo san Lucas

This entry was posted on Sunday, March 15th, 2009 at 9:30 pm and is filed under Buying Real Estate in Mexico. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.