Discover Tijuana's Real Estate
One of the world’s largest border cities, Tijuana lies just south of San Diego and forms part of the Southern California megalopolis, one of the largest urban areas in the world with an economy the size of Australia’s. The border is Tijuana’s lifeblood, with American tourists coming to the city for its nightlife, cheap shopping and delicious food. Its economy, meanwhile, has benefited from its proximity to the US, making it a manufacturing hub for some of the world’s largest companies.
Culture, History, and Business
Tijuana is a young city. Prior to the 1880s, the area was largely populated by ranchers. With the California land boom of the 1880s, however, Tijuana became a retreat for residents of Southern California. Its tourist appeal was boosted by the Panama-California Exposition of 1915 in neighboring San Diego and again during the 1920 when Prohibition in the United States made Tijuana a major nightlife and gambling center for Americans.
While tourism remains a huge part of the Tijuana economy, it has become a major business and manufacturing center in its own right as well. Thanks to its location near San Diego and Los Angeles, combined with its low labor costs and skilled workforce, many global companies have set up manufacturing facilities in the city. Today, Tijuana is one of the largest manufacturing centers in North America and one of the world’s leading manufacturing hubs for medical devices in particular.
Real Estate Appeal
Tijuana is currently experiencing a real estate boom and much of its real estate appeal lies mainly in its location. The city is a popular choice for American expats, many of whom live in the city at a fraction of what they would pay in neighboring San Diego. It is also common for Americans living in Tijuana to commute to San Diego for work, especially via the San Ysidro border crossing, one of the busiest border crossings in the world.
The low cost of living in Tijuana, combined with its easy access to Southern California, makes it a popular choice for American retirees, especially in the city’s beachfront neighborhoods. Real estate investors can also make income via short-term property rentals that cater to the city’s large tourist market. While crime is a concern in parts of Tijuana, neighborhoods that appeal to tourists and expats are generally safe and offer all of the amenities one would find north of the border.
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