Question about price of land.

jruane44

Bronze
Jul 2, 2004
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My in-laws gave my wife and I land in Boca Chica. We have been renivating the house for a little while now. There is a plot of land adjacent to this property for sale. It is about 1200 sq. meters. I never spoke to the owner of the land but have been told that they are asking 100 pesos a square meter. Does this sound too low? Thanks.
 

Dolores1

DR1
May 3, 2000
8,215
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JDJones said:
That's 3.33 a meter, or or around .40 a sq. ft... Does that sound too low to you? A 1200 meter lot for less than US$4000.
There are many stories of people who have bought land in BC and other areas where the seller was not the owner.

A 1,200 meter lot for less than US$4000 is possible, depending on where it is located. There is lots of land north of the beach that would also be considered in Boca Chica that could go for low prices.

Of course, the normal caution should be exercised to check out the title of what you are buying.