Why is real estate so hot in La Paz right now?
...maybe for the same reasons Time Magazine listed La Paz among it's list of the "World's Greatest Places in 2021"...
First of all, La Paz is something of a mystery to many people...a big town that feels like a small town. La Paz is both the capital of the state of Baja California Sur (which means great hospitals, government services, and an economy that doesn't depend solely on "fleecing" gringos) as well as being a smaller town that boasts wide open secluded beaches, local fresh markets, and a culture of small town friendliness. Oh, and the delicious drinks are pretty affordable, too :)
A local amber craft beer on the malecon at Harker Board Co.
According to Time Magazine's "World's Greatest Places 2021":
The Mexican seaside city of La Paz is two hours north of the popular Cabo San Lucas and its busy resorts, but with its laid-back vibe, it might as well be a world away. Visitors can take a relaxed stroll on the malecón, a three-mile-long pedestrian walkway right along the Sea of Cortez, lined with ocean-inspired sculptures and open-air cafés. The newly opened Baja Club Hotel, by boutique Mexico City developer Grupo Habita, occupies a colonial-era former private mansion. Epic marine-life encounters are the main draw to La Paz and its surrounds—these are the waters Jacques Cousteau referred to as “the world’s aquarium”—and there are plenty of boat excursions to choose from. On uninhabited Espíritu Santo Island, just offshore, the glorious Camp Cecil de la Isla has luxe canvas tents with a canopy of stars overhead. With new American Airlines direct flights from Dallas and Phoenix, La Paz is primed to welcome many more guests this year. —Terry Ward
Many people are moving to smaller cities right now... some simply seek the simplicities that small towns offer, others want to embrace the beauty of the local La Paz culture, free of huge all inclusive resorts - but still have access to great health care, shopping, and restaurants. Living in La Paz you can have the best of both worlds. While there are plenty of modern conveniences and attractions to enjoy, there is also less noise and commotion on the streets. Jacques Cousteau called the Sea of Cortez, "The world's aquarium" for good reason...the sea is full of life here, with sightings of sea turtles, sea lions, whale sharks and more happening daily. One of my favorite things is to walk on the beach in the morning with my parents and their dogs - healthy for my (and their) bodies AND spirit.
A friendly grey whale waving at us.
La Posada Beach...right downtown, at 6am as the sun comes up over La Paz.
Luki anxiously waiting for me to throw the ball, 6:45am La Posada beach walk.
La Paz boasts the perfect balance between the anonymity of city life and that small-town friendliness. Larger cities can lack a sense of community, but that simply isn't the case in this gorgeous town - I have felt embraced by both the locals and the expat community. A sense of community is more essential to our overall happiness than many may realize...though the last 18 months has proven to many of us the benefits of being social and feeling supported by our community.
Does it look like we were having a good time?
Between rent and food costs, living in a major city can be expensive. One benefit of small-city life is the opportunity to save money. Property, food, and clothing costs are all lower, which makes it easier to save more from each paycheck. However, small cities still offer lots of activities to explore. I can go downtown on the weekends and get the city feeling without paying big city prices for my Happy Hour cocktail, or shop at Walmart, an authorized Apple retailer, or a high-end clothing boutique.
And, of course, better prices for nicer homes - house prices are lower, property taxes are lower, building costs and maintenance are lower...consider this developing community and ask yourself, "Where can I find a 1/3 acre lot in a gated community, with views of the Sea of Cortez and a BRAND NEW 3 bedroom home with a pool for around $330k?" (there are a number of home designs to choose from...but the lots are going quickly, so ACT NOW):
Studies show that people who live in small cities are happier than those who live in larger ones. In fact, happiness seems to increase as population size declines.
Moving anywhere is an adjustment, but relocating to a small city is much easier. Most small cities still offer plenty of amenities and activities. People can enjoy a lower cost of living and more opportunities to connect with their community. So if you’re looking to move, choose a small city. Choose La Paz and give me a call...and be as happy as this dog:
A local enjoying the beach.
I moved here. You can too.
In your corner,