La Jolla Excellence Ownership

Owners at La Jolla Excellence can enjoy full ownership with a deed, or fideicomiso in place. A bank trust here in Baja and other places in Mexico is called a fideicomiso.

To learn more about bank trusts and how to use them in Baja real estate, simply read the article “Fideicomiso – The Mexican Bank Trust in Simple English.”

Payment Options at La Jolla Excellence

Here in Mexico the bank will typically finance at an interest rate of about 11% and they will finance in pesos. This is why the developers have come up with several options to choose from so you can make your dream come true and have a beautiful ocean view property in one of the nicest communities around.

Condos

Option 1: Financing with 40% downpayment, for 10 years at 9.5% Interest

• The downpayment can be paid off in a span of 6 months total.
• You can receive up to 8 % discount on the total value of your property depending on which phase you choose.

Option 2: 40% downpayment, and paying off the rest at the delivery of your unit.

• The downpayment can also be paid off in 12 months.
• The rest of the amount will be paid upon delivery of the unit.
• There are several time frames depending on which phase you choose.
• 2% to 9% discount off the price of the condo depending on the phase.

Option 3: 40% downpayment, paying off the rest at the delivery of your unit.

• The 40% downpayment would be paid at the signing of the contract.
• The remainder of the money will be paid upon delivery of the unit.
• 3-10% discount off the listing price of the condo depending on the phase.

Options 4, 5 & 6: Cash payments.

• Pay the total cost of the condo within 12 months to receive a discount ranging from 6% to 13% depending on the phase.
• Pay the total cost of the condo within 6 months to receive a discount ranging from 9% to 15% depending on the phase.
• Pay the total cost of the condo within 30 days of the signing of the contract to receive a discount ranging from 12% to 18% depending on the phase.

Villas are handled similarly to the condos. To learn more about the payment options and owning in Baja please feel free to contact us.