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San Felipe Real Estate

By Jose Perez

Retire in San Felipe"I missed buying property in Cabo San Lucas 20 years ago and have always regretted it. San Felipe Mexico is the next Cabo, I'm not going to miss the boat this time."

A recent buyer of property in San Felipe

I have been representing foreign investors in San Felipe since the early eighties, when a few adventurous Yanks and Canadians established businesses in the then sleeping village. The pioneering foreigners did not make much money. Business was slow, including sales for the first gringa realtor in San Felipe, Margaret Sullivan. In the mid nineties, I wrote an article expressing my difficulty in understanding why folks would pay the outrageous Los Cabos prices for property when they could buy a San Felipe property at a fraction of the cost. San Felipe offers snowbirds and retirees the same warm climate, beautiful Sea of Cortez beaches, but with the added advantage of border proximity.

Why did San Felipe real estate finally awaken to robust investment? In speaking with local businessmen, developers and foreign residents the following reason is given:

Pat Butler is the number one reason, super marketer and developer of El Dorado Ranch. It is estimated that six out of every ten new visitors to San Felipe are a result of Pat's ten year effort at marketing the community.

Baby boomers in San Felipe are now at retirement age. Southern California/Nevada boomers, are like the more than one million U.S. citizens already living in Mexico, desiring a less expensive and more tranquil retirement home. Despite the boom, you can still find beach properties for 150 thousand dollars and ocean view properties under $65,000.

Puerto Penasco, in the neighboring state of Sonora , is the closest beach community to Phoenix and Tucson. Arizona buyers are willing to travel the extra 2 hours to San Felipe to take advantage of real estate prices that are one half of those charged in Puerto Penasco. Last year Penasco prices were triple those of San Felipe.

Many U.S. citizens are expressing a desire to leave the stresses of the United States . They are looking for a more tranquil lifestyle: free of traffic, rush rush agendas and high crime rates. And a haven from terrorist threats. San Felipe is very much a quiet and well protected fishing village. A population of less than 24,000, including snowbirds, it is definitely pueblo living. One U.S. citizen, living on an isolated stretch of beach, runs nude every morning. He sees no other humans on his early morning runs.

Because of the internet and digital, satellite technology, folks can work from home anywhere, including remote beaches North and South of San Felipe. The fiber optic phone system in San Felipe allows high speed data transmission

As an Ensenada resident, San Felipe is a comfortable two and one half hour drive across one of the most beautiful desert regions in the Southwest. A great getaway, in which the air and water temperatures are 10 to 15 degrees warmer than our brisk Pacific coastline. Maybe I'll see you in San Felipe.

I'm an extremely attractive and modest, bald headed guy. You can usually find me wolfing down large quantities of shrimp tacos and Negro Modelo cervezas on the malecon (board walk).

Visit San Felipe Mexico, for more information on San Felipe real estate.

 


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