Rancho Granada in the Historical Rancho Las Juntas Community - Amazing opportunity!
Rancho Granada, a great opportunity for investors looking for interesting and high-return investment projects in Baja.
Rancho Granada spans over 10 hectares (25 acres) of well-preserved natural beauty in the heart of the greater Rancho Las Juntas. This exclusive, environmentally conscious development calls for 33 skillfully designed home-site parcels, ranging from 1,200 m2 to 4500 m2 in size.
In addition, 7,200 m2 (1.8 acres) have been set aside for commercial use such as a Health Spa, Hotel and Restaurant facilities and 26,000 m2 (6.5 acres have been allocated for green area and common use.
The developer is inviting qualified investors with experience in land development in Mexico to participate in the subdivision and development of Rancho Granada. The property is currently known as Lot #18, Rancho Las Juntas with full legal Title.
The following investment opportunity is being offered to the potential participating investors/co-developers:
Participate by acquiring 50% of the developer's current interest in Rancho Granada for $1,050,000 dlls.
Terms are as follows:
-> First investment of $850,000 dlls:
• 30% or US$255,000 (Two hundred fifty thousand US dollars) in cash.
• 70% or US$595,000 (Five hundred ninety-five thousand US dollars) in either cash, or exchange with Baja California Coastal Property having equal value, and only upon seller’s approval.
-> Second investment of US $200,000:
• For the Development and Operational Expenses of Rancho Granada Subdivision; payable 50% at the closing of escrow and 50% upon securing F2 Permit with the City of Tecate which shall be deposited to the Company's Joint Account.
• This amount shall be matched by the Seller. The actual amount required for the development of the site may vary depending on the final development costs, but shall not exceed US$200,000 from each party, unless approved in writing and in advance by both parties. A disbursement schedule shall be prepared and monitored by Company's management and third-party accounting company.
As co-owners, the two companies will develop Rancho Granada, market and sell the 35 planned ranch-style residential and commercial parcels.
The anticipated return on investment is 188%. **
Other recent and familiar developments in Tecate are all indications of the growing popularity of Tecate since its designation as a Magical City (Pueblo Magico) by Mexico's Secretary o Tourism in 2012.
Rancho Granada promises to be an Exclusive and sustainable development, offering a tranquil living environment in harmony with the natural beauty of the surrounding Rancho Las Juntas.
About Rancho Las Juntas
Rancho Las Juntas is a grand and enchanting exclusive gated community in Tecate, abundant in natural beauty.
With a long history of horse ranching, this lovely oasis was once used by the film industry for location shoots. Today, the area boasts quality lifestyle, open spaces, clean air, horseback riding, orchards, vineyards, and healthy home-style restaurants, all in a charming and tranquil community atmosphere.
Tecate - Pueblo Mágico
Tecate was designated as a "Pueblo Magico" or Magic Town by Mexico's Secretary of Tourism in 2012, recognized for its significant history, cultural traditions and natural beauty.
Although it doesn't seem like it, Tecate is a border town. Tecate may also feel like a city, but it also maintains the calm and free spirit of a town.
This beautiful city offers magnificent sights, amazing pleasant weather and many opportunities to enjoy the outdoors, although it is not precisely a desert, or a forest, or a mountain. It is simply: Tecate, a Pueblo Mágico that is worth discovering.
The development team
The developer has over 50 years of experience in design and construction, has been collaborating with various development groups in Baja since 1990, providing building concepts, master plans, subdivision maps and creative development proposals to some of the major projects in the area, such as Real del Mar, Plaza del Mar, BajaMar, and Racho Las Juntas.
Showings are arranged by appointment only.
** Investment Disclaimer: The information pertaining to the return on investment has been provided for reference only and in accordance with the current available sales data for the similar properties at Rancho Las Juntas. It is not intended to replace or serve as a substitute for any legal, real estate, tax, or other professional advice, consultation or service. The prospective investor should consult with a professional in the respective legal, tax, accounting, real estate, or other professional areas before making any decisions or entering into any venture or contracts pertaining to the property or properties described herein.