El Mogote, 22 Acres (10 Ha) has two Beach Fronts, on the beautiful peninsula in La Paz Bay right in front of La Paz City, with permits for Touristic development as A6 Residential, this is 13 houses per Ha. or per 2.2 Acres. Total 130 house sites. Only a 25 minute drive from the Malecon, (downtown La Paz) this particular property is facing Ensenada de Aripez with breathtaking views and high added value.
It is common in Los Cabos that some Sellers are open to Creative Seller Financing when purchasing a property through a Guaranty Trust. Typically, Sellers will be open to 50% - 60% down payment amortized over 15 years @ 6% Interest with a balloon payment paying off the balance within 1 - 5 years with no prepayment penalties.
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