Welcome
to Manzanillo real estate information and opinions.
I would like to start this blog by introducing myself. My
name is Jeremy Lusch. I was born on Sept 27, 1976 in Eugene
Oregon. After spending time in the Navy and overseas I arrived
in Mexico over ten years ago. I spent my first ten years in
Ajijic, Jalisco where I met my soul mate Patricia Martinez.
Our son Ricardo is now 12 years old and a blessing in our
lives. We built our hotel together in Ajijic, and now have
expanded our operation to Manzanillo. We are breaking into
the real estate world here & want to keep all of you informed
with correct information and answer questions that you have
about real estate or the local economy. I will update our
readers with the latest information and the hottest listings
every month.
First entry May10, 2008
Lets get right it, Strides are being made with the AMPI associates
(our real estate board) A MLS web site was just recently put
online 1 month ago. Congratulations & thank you to those
involved. If you have a realtor make sure he is a member of
AMPI. It is a nation wide board of realtors that makes sure
you are protected in your purchase!!!!
Condo prices are different everywhere you look. Some Hot deals
are out there but if you wait the're gone! Prices are ranging
from $60,000 - $350,000. Lower range condos are either small
or fixer uppers. If you want to buy a condo under 200,000
expect to put some money into it. This can be a great way
to go if you have the patience. I recommend that anybody doing
projects like this, are either here monitoring the work being
done, or have a real estate agent or contractor with the time
to over see construction. If anybody would like a list of
local contractors, I would be more than happy to send it to
you.
So, if you are not looking for a fixer upper you will be paying
over $200,000. However, with the new financing available,
and still extremely good buys for ocean front property, Manzanillo
is still one of the most attractive places to buy here South
of the border.
The best place to start looking is in pre sale condos. You
don’t have to worry about previous infrastructure problems
with a building. You will have a better resale value, and
with some, put your own finishing touches however you wish.
Torre del Mar & the Perla from Remax, are two projects
in pre sale right now.
My best buy for this month is going to be Torre del Mar. Click
here for more information regarding this condo project.
I will be checking with realtors as they receive new listings,
and will provide you with my opinion on the best property
available for the price every month.
As some of you may already know Super center Wal Mart, new
movie theaters, fast food chains are moving in at a rapid
rate. The economy here in Manzanillo looks good.
The smoke stacks are a big issue. Whatever you here don’t
take it as truth. This project, involving environmental upgrades
and retooling is in the works but no completion date has been
set. I will be researching this issue with the local government
to try and get a more clear answer for all of my readers.
Stay tuned next month for update.
Feel free to post any comments you have so we can have interactive
discussions. All topics involving real estate & the Manzanillo
economy can be discussed here.
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us your comments
