October 10, 2006

Trump Ocean Resort Baja Mexico

Priced from the mid $200's!

Hola, Joel Greene here. I have to admit that when I think of Mexico, what comes to mind is nachos, burritos and chalupas. Okay, so my Mexican expertise is limited to the value menu at Taco Bell.

But one thing I do know is Trump real estate. And so when this gringo heard that Señor Trump had selected Mexico for his next condo hotel, I couldn't wait to grab my high school Spanish-English dictionary, throw on my favorite Charo CD, and dig into the información about this property.

The Trump Ocean Resort Baja Mexico
The Trump Ocean Club Resort Mexico will be a 525-suite luxury condo hotel resort located in North Baja, Mexico, just 30 minutes from downtown San Diego. It will have a dramatic, cliff-side location overlooking the Pacific Ocean and the Coronado Islands.

Trump Ocean Resort Baja Mexico will be a five-star property with three oceanfront towers.

It will encompass three 26-story towers. The first tower, which is what we are currently offering, will be the middle building with 195 condo hotel units. Future buildings will be higher priced.

Situated on 17 acres of pristine land, overlooking the Pacific and the Coronado Islands, Trump Baja will be North Baja's first resort to combine luxury resort amenities and services with property ownership.

The Trump Ocean Resort Baja Mexico is expected to garner a five-star rating, as do all of The Donald's condo hotels.

"Trump Ocean Resort Baja will set the standard of premier property ownership and excellence in service for all of Northern Mexico," said Donald Trump.

Consistent with other Trump properties, Trump Baja will cater to owners and guests with a vast collection of amenities including:

A Prime Location
Trump Baja is located in Baja California (literally "lower California" in Spanish), which is the northernmost state of Mexico. It borders the Pacific Ocean on the west, the Sea of Cortez on the east, and its northern limit is the U.S.-Mexico border, adjacent to the state of California.

Trump Baja is approximately 11 miles from the San Diego border, 8 miles from Rosarito, and 15 miles from Tiajuana.

As California real estate has escalated out of the financial reach of many, the land just over the border, considered every bit as beautiful, is considered a real bargain.

"I've always said, 'location is everything,' and being just 30 minutes from downtown San Diego makes this an ideal locale for a premier resort property," said Donald Trump.

Despite its proximity to major cities, it offers some of the finest sailing, fishing, kayaking, and off roading anywhere on the Pacific coast. The area has been a retreat for generations of Southern Californian's, especially those with a more adventuresome spirit.

Much of Baja is raw nature. Blue skies, clear waters, and mile after mile of beautiful stark geography. Yet, a road trip into Baja doesn't seem much different than the drive from Los Angeles to Las Vegas. And it's easy to forget you are in a completely foreign country.

Like most coastal cities, a large part of life there revolves around the water. The beaches extend along an arid peninsula that curves like a bent thumb around the coast. The white sandy beaches are great for water sports or a little relaxation.

For fishermen, Baja Mexico has the reputation of some of the best sport fishing anywhere. Fish are biting somewhere in Baja year round, whether Marlin, Halibut, Sea Bass, Albacore, Snapper, Shark, Sailfish, or Yellowtail, no one place in the world offers such a large variety of fish in one area. In the Sea of Cortez alone, over 800 varieties of fish have been identified.

The great variety of fish year-round make the region one of the best places to run a line.

One of the most incredible sights to be had in Baja California, happens between January and April when the Gray Whales of the world converge in nearby waters. These magnificent mammals can be easily spotted from the shore or the sea.

If you prefer land to water, Baja offers golf and mountain biking. It is also known for its eco-adventure tours including wine tours, shrimp festivals, carnival tours, mission and historical tours, and more.

The Magnificence of Mexico
"Between 500,000 to 1.5 million Americans have homes in Mexico," said Jeff Hornberger, manager of international market development for the National Association of Realtors. "While the precise number of owners is difficult to measure because the data is limited, we do know the numbers are going up, and a lot of Americans are buying second homes," he said.

With its rugged mountains, crystal blue sea and schools of dolphins swimming offshore, Mexico has tremendous appeal.

Beachfront property in Mexico is far more affordable than in California, just a few miles away.

It is safe, beautiful, familiar and offers a great value. Beachfront property in Mexico is far less expensive than in California.

Your dollars go a long way here, and you'll find excellent value for your money everywhere. The atmosphere is casual, laid-back and informal. English is spoken almost everywhere in the main tourist areas. Dollars are accepted at most major restaurants, shops and hotels.

The weather is similar to San Diego's coastal areas, but with constant ocean breezes, providing an almost perfect climate with mild winters and balmy summers.

And in Baja, you need not restrict yourself to sodas and cervezas around the clock. It is safe to drink the water. As opposed to mainland Mexico, Baja's water is from wells and has been considered safe for years.

A Familiar Development Team
Only a few weeks ago, I told you about the Trump International Hotel & Tower Waikiki Beach Walk, another Trump condo hotel. The same development team doing that incredible project has decided they want to do "mas" and have joined forces again on this property.

Trump Baja will be developed as a partnership between the Trump Organization and Irongate, a Los Angeles-based real estate development and investment company.

"We're very pleased to be embarking on our second project with the Trump Organization," said Jason Grosfeld, Sr. Managing Director of Irongate. "We have a world-class property, a world-class design team led by Guerin Glass Architects in New York and HOK in Mexico City, and now a world-class name that completes the resort."

A Variety of Condo Hotel Units
Trump Baja will feature studio, one-, two-, and three-bedroom residences, ranging from 700 sq. ft. to 4,500 sq. ft.

All suites will have contemporary outdoor living spaces offering panoramic views of the Pacific Ocean and Coronado Islands. They will be delivered fully furnished and will include top-of-the-line appliances and amenities.

Construction is scheduled to begin in late 2006 with completion of the first tower scheduled for late 2008. Build-out of the resort (all three towers) will take a total of three to four years.

Check Out These Prices...for a Trump!
Let me put on my investor sombrero for a moment. These days, no name is hotter in real estate than Donald Trump's. Simply the mere mention of the Trump brand is enough to send real estate values soaring.

If you've always wanted to own a piece of a Trump, the Trump Baja is your big opportunity. Before I tell you exactly how many pesos you'll need to fork over, let me first remind you that prices for a studio unit at the Trump Tower Waikiki start at $460,000.

At the Trump Fort Lauderdale they start at $799,000. In Chicago, a Trump studio will cost you at least $815,000, and at the Trump Las Vegas they are currently starting at $760,000. (You can tell I'm building toward something good here.)

By comparison, Trump Baja prices are nothing short of unbelievable. They will start in the mid-$200,000's (U.S.). Firm prices have not yet been established, as you're finding out about this property very early in the development process. But just knowing that they start in the $200,000's should be enough to get you thinking that if I was going to consider a studio unit elsewhere for $500,000, maybe in Baja, I could get a one- or even a two-bedroom unit and live like a king for the same money!

How to Reserve a Unit
If you think you might like to purchase a condo hotel unit at Trump Baja Mexico, all that's needed at this stage is a fully-refundable $5,000 deposit. Your reservation will give you a place in line for the selection of a specific condo on a time-stamped (first come, first served) priority basis. The selection event is expected to take place later this fall, at which time contracts will be available.

Beyond that, a total of 30% of the purchase price will be required, most likely to be paid in two installments, the timing of which has not yet been determined.

Again, we are getting you in extremely early in the development process of this condo hotel, so details are limited. But a $5,000 refundable deposit is all that's needed to ensure you get an option to purchase when all the facts are in and units can be selected.

Need More Information?
I've put together a data sheet to give you additional information on the Trump Ocean Resort Baja Mexico. To receive it, you'll need to provide your name, phone number and address. You will then be registered with the Trump development team as a client of Condo Hotel Center and given priority treatment should you decide to reserve a unit.

Provide name/address/phone to receive Trump Baja data sheet.

Upcoming Condo Hotel Symposium for Developers
Those of you who've been Property Alert subscribers for a while know that twice a year Condo Hotel Center sponsors a conference called The Symposium on Financing, Developing and Operating Condo Hotels. Our next one is coming up. It will be held November 30, 2006 - December 1, 2006 at the Mirage Hotel in Las Vegas, Nevada.

This event is ideal for developers, hotel owners, lenders and hospitality industry service providers. Condo Hotel Center is pleased to offer our Property Alert subscribers a $150 discount off the registration price.

To receive an Agenda for the event and a Discount Registration Form, please submit your name, company name, address and phone number here.

Request Condo Hotel Symposium information here.

And That's the Whole Enchilada
That's all I have for you today, a virtual Mexican fiesta when it comes to an affordably priced Trump condo hotel. It just doesn't get any better than mid $200's for five-star vacation homes.

As always, we appreciate your taking the time to read our Condo Hotel Property Alerts. Please feel free to pass them along to friends and family, (amigos and familia), and they can subscribe here to receive their own copies.

Thank you for making Condo Hotel Center your primary source for condo hotel information. Have a great day. (Buenos días.)

Joel Greene
Licensed Real Estate Broker
El Presidente
Condo Hotel Center
13499 Biscayne Blvd., Suite #210
N. Miami, FL 33181
Ph: (954) 450-1929
Joel@CondoHotelCenter.com
www.CondoHotelCenter.com
www.CondoHotelsDubai.com
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