Other Projects

Caveat emptor – Let the buyer beware’

El Mogote is a small peninsula located off the city of La Paz, Baja California Sur, Mexico. It is the home of Paraiso del Mar, a resort development on the most eastern portion of the peninsula. If finished, it would have included over 3,000 homes and condominiums, 2 golf courses, a marina, a town plaza and various other amenities.

The development of Paraiso del Mar was shut down, due to the developer not living up to obligations to lender, as well as a court order of being in violation of environmental laws.  It is doubtfull that the development will ever be allowed to expand further because of ecological restrictions.

In August of 2011, the developer abandoned the project. In October of 2012, he abandoned operation of the golf course. There are approximately 170 owners who have formed an HOA to manage the property. There were 91 homes built and 120 condo units. Half built high rises (on right  of photo) are abandoned and sinking in the sand.
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LORETO BAY  in Loreto

The scale is gigantic: about 6,000 to 12,000 homes and rooms. LorettoBay

The project needs a lot of water. FONATUR built a 27-kilometer distribution system to collect water from the aquifer in the mountains. Outside of the river oasis that cuts through Loreto, the landscape is a parchment-dry desert, which makes the green golf courses and thousands of homes being built in Nopolo really … stand out. Like an enchanted wonderland or an array of sore thumbs, I can’t tell.

See:  Loretto Bay Article

– Feedback on the Loreto Bay development   “Lofty Dreams” may be a better name for this development. An inadequate water supply and where does the sewage go?  History of this development was not good before this developer started, and it appears there are still major problems.

– Fantastic glossy brochures are being mailed and some buyers are taking the bait. As soon as the buyer frenzy in Baja stops, people will take a slower approach and research before they buy.  They will tell you anything to get you to buy. No license is required in Mexico to sell real estate.