What Land Lakeside is Officially Designated as "Ejido" Land?
+11
ferret
Lady Otter Latté
gringal
Trailrunner
Clete
Zea
tonyburton
slainte39
CHILLIN
CanuckBob
Ezzie
15 posters
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
I wouldn't get involved in any land that is even close to having ejido ties to it. Even after things are resolved others come out of the woodwork and throw more claims against it. I wouldn't get involved with the Native American lands up north either......
Re: What Land Lakeside is Officially Designated as "Ejido" Land?
Oh well, no waterfront beach/fishing shack for you. About $25,000 then $1,000 per year to the ejido and watchman. You will just have to buy a $500,000 plus condo, just like everyone else. Even then, it will not be clear title, but in a bank trust.
CHILLIN- Share Holder
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
There is enough regularized land on the coast without dealing with an Ejido.
To echo Bob's sentiment... I wouldn't touch Ejido land with a 100 foot pole.
To echo Bob's sentiment... I wouldn't touch Ejido land with a 100 foot pole.
ferret- Share Holder
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
CHILLIN wrote:Oh well, no waterfront beach/fishing shack for you. About $25,000 then $1,000 per year to the ejido and watchman. You will just have to buy a $500,000 plus condo, just like everyone else. Even then, it will not be clear title, but in a bank trust.
Just start a Mexican Corporation and buy all the restricted zone property you want without a bank trust OR get Mexican citizenship.
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
But your Mexican Corporation must be for the purpose of generating income from that property. No income, no tax paid, adios Corporation and the money you spent to form it.
viejito- Senior member
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
Well I guess you'll have to AirBnB a room once in a while. A corporation costs about 1500USD to form here. The bigger problem with it is you will have to pay capital gains when you sell the property if it increases in value as it can not be claimed as a private principal residence. Citizenship is the best way to go.
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
Just make sure your HOA/Condo Association allows fishing from your balcony or front yard
CHILLIN- Share Holder
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
Ezzie is just interested in the history/story of the land, not in forming a corporation and buying some.
Lady Otter Latté- Share Holder
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
Correct, I am a fan of renting, not owning. I find the history of the area very fascinating.
Ezzie- Share Holder
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
There is a lot of Ejido land above me in San Juan Cosala. There is no simple answer to the original question as there is Ejido land in many different places here. I have never seen a map that plots it out.
Last edited by cypress on Fri Sep 01, 2017 6:26 pm; edited 2 times in total (Reason for editing : word left out)
cypress- Share Holder
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
I'm told that all the land above me and Las Salvias here in upper Ajijic is Ejido land.
MexicoPete- Share Holder
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
There is a man who sells plants at the tianguis and he was trying to sell me his land.. ejido land above Los Olivos.. There is a casa ejidal in upper Ajijic above the Mission condos and the school so there is a ejido around. Also the land on priv Emiliano Zapata was or is ejido. friends of mine built a house there and it took forever for them to get the papers..
brigitte- Share Holder
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
MexicoPete wrote:I'm told that all the land above me and Las Salvias here in upper Ajijic is Ejido land.
It is and some others along the mountain in your area have claims against their property. They didn't find this out until they tried to sell.
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Re: What Land Lakeside is Officially Designated as "Ejido" Land?
This is easy to figure out. 53% of land in Mexico is Ejido, just figure out where the most agriculturally desirable places would be 100 years ago, and there you have it.
CHILLIN- Share Holder
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