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Faldas de la Alcazaba Condominium Resort in Los Cabos, Mexico

 

Faldas de la AlcazabaHOTEL Development For Sale !! 

Faldas de Alcazaba is a fabulous hotel development done inside the master plan of Fonatur in San Jose ideally located close to everything, consists of 119 spacious luxury condominiums completely equipped in 12 buildings plus a fully approved license for building 20 more units. A new concept in Resort Living The “Village” is a unique and exclusive residential community featuring spacious 1, 2 and 3 BR Units in an “OLD WORLD” high ceilings, cobble stone throughout, 6 commercial locals, restaurant, palapas, swim up bar, recreation area, fitness center, gardens, fountains and a monumental oasis pool giving you a setting with exceptional Views! Tranquil, beautiful, and full of charm.


 

RE/MAX Los Cabos has moved to a new facility! New address and contact info is here.


 RE/MAX Los Cabos, Km 29, Costa Azul, San Jose del Cabo, Baja California Sur, Mexico

 


 


    

RE/MAX Los Cabos is honored to have been named the Exclusive Agents for a new Phase of Peninsula Condominiums !

Click for details...

Available Units:

Villa IV: 101 (model)

Villa II: 101,102, 201, 202, 301, & 302

Villa III: pre-construction 18 units available 6 penthouses with ocean view!

Home arrow Real Estate Articles arrow History of Real Estate in Mexico
History of Real Estate in Mexico  Email

Between the years 1517 and 1822 Spain held claim to the Mexican land. In 1822 Mexico declared independence from Spain but even so wealthy foreigners, the Church and the upper class Mexicans continued to lay claim to much of the land. Also during the 19th century, Mexico lost about 1/3 of their country to the U.S. Texas in 1845, and in 1848 the territory that became California, Nevada, Utah, most of Arizona, and parts of New Mexico, Colorado, and Wyoming were purchased for $15,000,000.

In 1854, through the Gadsden Purchase, the U.S. acquired the rest of what is now Arizona and New Mexico. In 1917,the Mexican Revolution began, and with it came the loss of over one million lives. From this came the Federal Constitution which imposed new laws and restrictions on foreign ownership (resulting in the “restricted zone”) and ownership of lands by the Catholic Church.

With this constitution, Mexico began the process of subdividing large property holdings (50 million acres in all) belonging to the Federal Government into smaller parcels. This provided the Mexican farmers with a beneficiary interest in the land. Entitled under the Agrarian Law, these government parcels, known as "ejidos", are recorded in Mexico City.

The ejidatarios (farmers) can live, farm, homestead and construct dwellings on the property but they do not own it. These farmers have the use and benefit of the land, but they do not have title to it and therefore can not sell, lease, subdivide joint venture, contribute, mortgage or encumber the property In 1992, realizing the value of the ejido land and the development potential that would be created by allowing the owners to sell or lease the property to non-Ejido members such as foreigners, the Agrarian Law was passed. In other words, ejido owners had the right to take the land that they didn’t own, remove it from Federal Control, place it in the public land registry and convert it to private property thus allowing them monetary benefits.

Today, thousands of acres are being removed on a daily basis from the Ejidos, added to the public lands and being sold or leased.

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