Friday, June 29, 2007

Yasumin Saito interviews Hugo Torres Chabert continue...

Yasumin: Our next question for Mr. Torres is, what he thinks of the future of Rosarito Beach?

Mr. Torres: The future of Rosarito Beach is very promising. Land development is very active. Currently, many condominiums are under construction, and many more are planned. As I’ve repeated many times before, the prices are very cheap. Compared with properties in the U.S., the price is 1/2 to 1/4 the price. It is very cheap. It is said that prices will rise to go up to half of U.S. Prices. In the near future, since we can expect appreciation, we have a strong positive picture of Rosarito Beach as an Investment and retirement site. Real state tax is, as I have mentioned before, ridiculously cheap as well.

Yasumin: This is another reason why Rosarito Beach is very attractive for investors and retires. Thank you and see you later.

No comments: