2,000a Mexican Rustic Ranch, 12 Hours South Of El Paso, Tx - America Property For Sale Or Rent at BestRealEstatePlanet.com

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Property For Sale Or Rent: 2,000a Mexican Rustic Ranch, 12 Hours South Of El Paso, Tx

Mexico

Cuencame
Durango
Mexico

Property for sale: $120,000 USD (Financing Available)

Rustic, High Desert Ranch For Sale in Cuencame, Durango Mexico

This property is located 15 minutes East, NorthEast of the village of Cuencame, Durango, Mexico. Access from Cuencame is via a seasonally maintained flat dirt road. Cuencame is 48 miles South of Torreon, Coahuila. The highway from El Paso, Texas (562 miles) is a divided toll way with an exit five minutes North of Cuencame.

This property is located 15 minutes East, NorthEast of the village of Cuencame, Durango, Mexico. Access from Cuencame is via a seasonally maintained flat dirt road. Cuencame is 48 miles South of Torreon, Coahuila. The highway from El Paso, Texas (562 miles) is a divided toll way with an exit five minutes North of Cuencame. The trip is a smooth 11 to 12 hours, with services and security along the way. Cuencame is a town of 7,000 people with limited services for the tourists. There is bus service, however. Numerous small locally owned restaurants, four low end hotels/motels, and a gas station. There is a small town square, church, schools through high school, a local police force, and a lively small business commercial community. Daily scheduled jet flights service two major towns (Durango and Torreon) within two hours distance.

The climate is high desert (5,183 feet altitude) with the mean temperatures being 38/93 degrees Ferenheit. Annual rainfall is 16.4 inches with the bulk between late June and mid October (12 inches).

The surrounding property, which is owned by Ejidos (collective group of people holding land formed in revolution times) who raise goats, cattle, engage in some dry land farming (mostly corn), and the mining of Bentonite. Neighbors on one side have a large pond and on the other, an old Spanish well. My property has no well, but is in a better position as far as water tables go. A test well, was drilled some years ago. I talked to one of the people associated with that 3/4 inch test hole and he said water was at 8, 18 and 30 meters in quantity.

This property is in two adjacent sections butting up very close to a beautiful mountain range to the north. I am told there are deer, which can be hunted in those mountains, but I have no first hand knowledge. The only animals I have seen on this property have been rabbits and coyotes. There are a couple of small rises on the property about 40 feet high. The property is gently sloping, so it is well drained. There are only piles of stones for the surveyed corners of the property. The vistas go for miles here. There is one arroyo on the property which could be dammed up to hold running water, which happens occasionally. There is no standing water on the property. The ground cover is primarily cactus plants of many kinds. It is often very colorful when they are in bloom. I have never seen this property "burnt" like it was totally desert. It reminds me of the Tucson, Arizona area, but not that green and without the Suguaro or Organ Pipe Cactus. There are a very few trees in the lowest area where the water test hole is.

This area has some mining, primarily Bentonite. In Cuencame, there are several processing plants for this product. The product is white dry clay. It is use in pottery, well casings, medicine, and in kitty litter. There are some deposits on the property. My caretaker, who is a Bentonite guy (currently works as a purchasing agent for one of the principal companies), says that I may have a 2 or more hectares(five acres) of Bentonite on the property. He has suggested I rent a back hoe and do a little "exploration" mining to see what is there. Cost per day, which should be adequate to obtain samples is 250.00 usd total. He will test the samples in his lab for free.

There is adequate skilled labor in this area to put this property into a working ranch, activate a mine, produce some animal feed, or to just protect and maintain a retreat.

Recently, power crossed the property. It will cost about 3,000 dollars to install a transformer and interconnect.

The caretaker says the property can be completely fenced for 5,000 usd. Rustic barbed wire fence of course!

A well, tank, and electic pump can be put in for less that 3,000 usd

This property is owned by a dormant Mexican corporation I own 99%. The taxes are paid up to date. The recent taxes for three years (2003,4,5) were 2507.15 Pesos. That is, at current exchange rates, 220 bucks, or about 73 dollars a year for 2,000 acres. Not too shabby.

Foreigners can own property in Mexico. The property can be titled and recorded locally. It takes a Notary public, which in Mexico is a special sanctioned lawyer with a legal responsibility to execute buy/sell agreements and record same. There is a new computer system in Mexico that you can have access to and sooner or later, you the owner, will show up as the registered owner. Taxes are now being handled locally. They will inform you of the taxes (you kind of have to remember to call or fax them at these early stages of the system) and you can wire the funds into the taxing authority bank account from outside the country. Just like any wire in the states. Then, you need to fax the info to the taxing authority.

The selling price includes all legal fees to transfer the property into the entity you choose. If you choose to form a Mexican corporation, the actual cost (your expense) will run from 1,000 usd here on the border if I hand walk you through it, to 3,000 usd if someone in the Cuencame/Durango/Torreon area does it. You will need original papers, or Mexican notarized copies, of your legal identification (like a birth certificate) or Immigration papers, or Incorporation papers. Private ownership if far easier and less expensive as you will have to keep the corporation up to date with filings. And, that will require an accountant for all intentional purposes.

If you wish to finance, the sales price is 130,000 usd. A 40,000 down payment is required, the balance (90,000) payable at 1,500 usd per month for 60 months, interest included. In addition, you have to pay all the legal fees and taxes involved in the transfer at end of the five year contract. That could run as high as 20% of the sales price. If payments be in arrears 4 months, I will repossess the property and all improvements/assets contained on the property with no recourse by you.

Trade? A partial would be considered. Make offer.

There is a caretaker, who can guide you to the property. He is reachable by phone and can meet you in Cuencame and show you the property. This means you have to drive there, or fly into Torreon and rent a car to get there. He only speaks Spanish. If you wish for me to accompany you, you will cover all hard costs associated with the trip. I can pick you up in El Paso, drive to Cuencame and return. This will require three days, but it certainly will give you a hands on understanding of Mexico, the local area and it's people if you have not had the experience. My time is flexible. If you wish to drive there yourself, be sure to bring the title to your car, so you can get the proper permit, or a notarized letter, converted to Spanish giving you the authority to bring the car into Mexico. You will need Mexican insurance on your car when you cross over. Generally, that can be arranged with your insurance company before you leave. You only need a birth certificate (orginal or notarized copy) to get into Mexico for personal permit purposes.

Email or call me if you have any questions.

Property Summary

Offered by		Owner
Area		2,000 Acres
Features		Mountain View, 500+ Acres Agricultural, Water At 20 Feet, No Fences, No Structures, Power Crosses Property, Flat, Two Track Access From Cuencame, Heavenly Vistas,

Contact information

Contact person name		Fritz Monson
Phone numbers		915-613-0562 (. land line) 915-274-4303 (. Cellular) 011-52-656-136-7772 (Mexican Cellular)
Fax numbers		530-975-8259 (.)