Located in the Sierra Madre Mountains north of the town of Huachinera and southeast of the town of Esqueda, in the State of Sonora, Mexico, this 6,654.98 hectare (16,444 Acre) property is known as Rancho Los Otates y La Joya. This acreage consists primarily of a vast PINE FOREST which, in addition to providing numerous recreational possibilities, such as camping, horseback riding, hiking, mountain climbing, mountain biking, and four-wheeling, can provide a substantial source of income through a Forestry Management Program. A Forestry Study of the property has recently been compl eted and indicates a gross volume of approximately 90,000 cubic meters of Pine, of which nearly 29,000 cubic meters can likely be harvested within the first 2-3 years. In addition, the Bavispe National Forest also borders large portions of the property and just west of the acreage is the large General Lazaro Cardenas Lake and the Angostura Dam, providing a great place for fishing and boating. With regard to wildlife and hunting, the property has bear, mountain lion, Coues white-tail deer, wild turkey, rabbit, quail and doves. Various streams across the property provide water, and wells may be installed in compliance with government regulations. With its variety of terrains, mountain vistas and heavy concentration of trees , this amazing property is ideal for Touristic Development, a Hunting Lodge and Retreat, a Private Forest Preserve, or any combination of these uses. The property is approximately a two hour drive from the main highway on the east side near Huachinera and the towns of Bavispe, Bacerac and San Miguelito. Winter temperatures get rather cold with an annual rain and snowfall total of approximately 18 inches, while summer temperatures in this part of Sonora are relatively mild. Property taxes for this type of property are rather inexpensive in Mexico, and the annual taxes for the entire acreage total only about $1,200 year, making the holding costs for this investment minimal.
With regard to non-Mexican nationals owning real estate in Mexico, foreign buyers can purchase real estate with 100% deeded ownership as long as the property is located at least 100 kilometers from the international borders and 50 kilometers from the coastline (the “Restricted Zone“). As all of this acreage is located outside the Restricted Zone, foreign buyers can purchase the land and hold title in their own names without restriction.
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