The biggest problem is not mentioned. The Mexican government can and will steal anything, from anybody, anytime they want.
Anybody that buys real estate in Mexico is taking a serious risk of loosing it all.
If ya can't beat 'em, join 'em!
This might be nice if this weren't 5 minutes away from Tijuana. The chief of police and the Baja California chief in charge of stolen automobiles were recently murdered in a rain of gunfire there.
In the past week, two businessmen were kidnapped by a gang of people dressed in black, beat up, killed, and dumped along the side of the road. The mayor of Tijuana owns the sports book - the only one allowed under "law". There are rumors he has been in with the big drug gangs.
Crime is everywhere, but the shear frequency and magnitude of the stuff going on in this place so close to the US has been greatly underreported. Maybe Rosarita has some runaway brides we can read about in the newspapers.
If you are not a Mexican citizen, they can confiscate your property with shenanigans at any time.
el problema, senor:
about ten years ago american owners of mexican real estate found out the hard way about mexican laws.
their sea front land was confiscated and returned to peasants.
si.
the verification of the history of the ownership of land is unproblemmatic. on the east coast you hire a lawyer to research the land. on the west coast you buy an insurance policy.
not so in mexico. there are no uniform procedures for verifying previous ownership. only corruption.
Look, you have to figure that any country that specifically prohibits you from owning land within 32 miles of the coast IN THE CONSTITUTION and has such a blatant disregard for US law, is not the place where a gringo wants to live or hold his resources!
My retirement plan: Buy a coldwater flat in Juarez and a donkey and rent the donkey out to nightclubs. Folks- you gotta have a plan.