The year is passing rapidly, and while we like to say thank you as often as possible, this Thanksgiving we would like to give thanks for the successful passing year. And even if our Thanksgiving day plates will be big, we have even bigger plans for 2012. Home sales in the past year have been rising month by month, and it’s growing is ever nearer to the economists’ estimation of a healthy housing market.

This year at Coldwell Banker Riveras, Baja California Sur real estate & brokerage, we are thankful for 2011 for bringing us the improving real estate market in Baja. We are thankful for our colleagues, our friends and families, our business partners and our fellow Baja friends, sharing with us the passion for this beautiful place on Earth. We are thankful for buyers who never stopped believing in Baja and are continuing and building their dreams of living in paradise.

Pedregal Heights, Cabo San Lucas

In the past year we were often asked “How is the real estate in Baja today?” And we were happy to respond that it hasn’t been better in years! The prices of properties today are down between 20 to 50% from their original prices in 2007, which makes it a perfect time for buyers to buy that piece of land or property that they always dreamed of, and make their vacation home or an investment property in the beautiful Baja.

We have seen improvements in all Baja real estate markets: Cabo San Lucas, Todos Santos, La Paz, Los Barriles, La Ribera and San Jose del Cabo. Smart buyers are taking the deals before they are gone!

New homes, home resales, commercial land, land for individual homes or residential developments are available at prices we might not see again soon.

Pedregal, La Paz

Pedregal developments in Cabo San Lucas and Pedregal in La Paz have introduced amazing value pricing and purchase incentives that dwarf any value buyers may obtain in purchasing a built home. In order to further address the construction process, Pedregal has partnered with several renowned architects with proved track records in custom home design and construction, and for those who want the added oversight, there are also sophisticated construction management providers. The price of construction in Baja adjusted due to the slow economy worldwide, and this allows you to get more for your money in the dream home custom designed for your vacation needs.

The high-end community of Pedregal de Cabo San Lucas has very affordable lots with an average price of $46 US dollars per sq ft, within a gorgeous setting. We can clearly see that land in Pedregal is still a ‘bargain’. Not only it offers great views, but also the tranquility of living in a beautiful place next to the ocean.

The prices of land in Pedregal development in La Paz are between $13.93USD to $25.54 USD per sq ft, which includes the incredible unobstructed views to the Sea of Cortez and the city of La Paz, just a walking distance from the beach, with privacy and continuously growing added value.

While enjoying your Thanksgiving, and thinking of what you would like to be thankful for in the year to come, we would like to invite you to think of investing in Baja. In years to come, we promise you will be thankful for this decision.

Have an amazing Thanksgiving!

Come and visit our properties for sale and developments, take a tour with one of our experienced agents, and choose your piece of paradise. For more information and on-line property search visit www.cbriveras.com, contact us at info@cbriveras.com or call us at US Vonage: 1.866.805.49.38 or+52.624.143.1342.

Dear All,

we are happy to share a new issue of ESCAPES magazine with you. ESCAPES is a magazine published by Grupo Riveras, developers of Pedregal de Cabo San Lucas and La Paz, and owner of Coldwell Banker Riveras brokerage. ESCAPES is Your getaway Guide to Baja California Sur, bringing you undiscovered stories and places of Baja.

The magazine is printed in 15,000 copies and available all around Baja California Sur. For subscription information and/or advertising you can write us to: escapes@pedregal.com

We hope you like it as much as we do!