Interesting Master Planned Resort in Mexico's Sea of Cortez, A U.S. REIT
U.S. looking south of the border.
Los Angeles, CA (PRWEB) April 28, 2005 -- A Master Planned Resort Community of 46,000 acres on the Sea of Cortez is being developed into a large, mixed use, American community. This includes beachfront retirement homes, ranchettes, condos & townhouses, a marina, 4 & 5 star hotels, vacation homes, timeshares, golf courses, strip centers, a polo course, a possible casino, and a Formula One racetrack (Monte Carlo style). It is scheduled to begin development commencing next spring.
Beach Front Resort, International Race Track and several golf courses on the water. NASCAR has confirmed it is heading south of the border, bringing the Busch series into Mexico City next season for the first international points-paying event in over 50 years. Mexico has long awaited an International event such car racing, the worlds largest sports televised event ever. "NASCAR Chairman Brian France has confirmed these reports. Not to mention several golf gourses on the water
There is a $100 million natural gas facility now under construction nearby by Houston based DKRW is directly benefitting this Sea of Cortez project by bringing four lane access all the way to the property from the US border. All data of all types show a very strong continued demand for a strong type community in this near-border location.
Many U.S. investor are looking for ways to protect their pensions from the falling dollar and have asked if they can use their IRA or pension to invest in Mexico real estate. The answer is yes. It is always a great idea to diversify your IRA investments beyond mutual funds and public stock. Many feel that property is a good inflation hedge but U.S. real estate prices may be high and Mexico Real Estate is not so inflated. US bankers and Insurance companies are heading for the border by the droves.
For additional information or full reports contact:
Ron Isaac
ron@libertycoveresort.com
310-686-4461
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