Quote:
Originally Posted by MOxxx
For everybody who replied to my post and mentioned the "gringo" price..you are paying gringo prices here in the U.S. as well.......
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There is some truth in what you are saying - the "gringo" price levels are the prices for real estate (unless ya want to live in a temporary beach shack) - and these prices are not decreasing.
Sure, there are less US buyers now, but these have been replaced by purchasers from other countries who are paying serious money for property and land is still increasing at around 50%/year, - so, the price is the price.
Can give you examples of land with no water selling in bulk for $100 sq meter - you want water? $200. Equally, fairly mediocre land for $1.2mill/hectare (2.47 acres) and any beachfront is around $1.5 mill for the plot alone - forget any construction on it. It's all relative
