It is a trick question: in Rosarito, USD $24,000 lots sit alongside oceanfront parcels that cost ten times as much. The useful thing is to understand what drives the price.
The four factors
- Distance to the water. Oceanfront is its own category. With an ocean view from a hill, the price drops sharply.
- Lot type. Residential, commercial or country: from more utilities to fewer, and from higher price to lower.
- Size. The standard in corridor subdivisions is 200 m² (10 × 20 m, about 2,150 sq ft).
- Development progress. A lot in a built-out phase is worth more than one in an early phase.
Reference ranges
At the developments sold by Grupo Terravista:
- Colinas del Mar (country, km 38): USD $24,000 · $188 a month.
- Santa Isabel del Mar (residential, km 36): USD $30,000 · $235 a month.
- Praderas del Coronel (residential and commercial): USD $54,000 · $353 a month.
- Laguna Bay (oceanfront): payments from USD $1,204 a month.
All with direct interest-free financing. These are reference prices and may change.
What to add on top
Beyond the price, ask about closing costs, property tax and maintenance fees if any. If you are a foreign buyer, add the setup cost and annual fee of the fideicomiso.
The math that matters
Multiply the monthly payment by the number of months and add the down payment. If you get the list price, it truly is interest-free.
This page explains general rules and is not legal or tax advice. Before you sign, consult a Mexican notary public or attorney.