How much will it cost to build an hacienda in Mexico?

Question

How much would it cost to build an hacienda in Mexico?

Is it even legal?

I don't plan on building anything there, but just asking.

Answer 1

There's a book I read about a couple building a house in Sayulita, Nayarit, MX (just north of Puerto Vallarta).  See the link below.

Answer 2

You could build a modest house for about 100US a square foot  not including the lot,in Northern Baja. Beach condos are offered at a half million. A nice dream, that hacienda.

Answer 3

At least $1,000,000. dollars.

Answer 4

Hacienda is the name to an old kind of farm.

It is actually a farm with an old-spanish-style architecture, this would be the actual meaning.

In ancient times an Hacienda was the manor where the lord used to live in. Outside there were smaller houses for the employees, the servants and the farmers, also the stables and the barn.

So if this is what you want to build you need to find out how with an architect how much does it cost to build a big house with this style, and if you're also interesting in farming well then you need to get into the business.

Good luck

Answer 5

Land, Materials, Taxes, furnishing's,landscaping,gardening,secur... help and so on 2-3 million US dollars.

Good luck,

Buy a re-sale, Vicente Fox might sell you his.

Answer 6

It all depend on the acres and how big of a Hacienda you want. But the dollar now it's like 11 peso or 12.

Food is cheap there but when it comes to furniture, clothes, electronics, or any other house goods you'll end up maybe paying more then what you are going to pay here.

Answer 7

IT DEPENDS ON HOW MUCH YOU WOULD WANT TO SPEND, BUT FOR A VERY NICE HACIENDA WITH THE WORKS, LUXURY, YOUR DREAM HACIENDA AROUND A MILLION AND UP IN DOLLARS. AND ITS LEGAL TO BUILD ONE.

Answer 8

You will not get closed to built an hacienda with one million dollars, u will need at least two to three millions to recreate an hacienda

Answer 9

at least $1'000'000 dollars (you got it before, wich is the correct answer)

Okay, now the explanations:

the english word for "hacienda" would be "ranch" (and the word "rancho" in spanish referes also to farms and rural towns, not to "haciendas"). The original "haciendas" had many acres, in times of spaniard colony even more than 1'000'000 acres; later in early century 20 an "hacienda" could have at least 12'000 acres; but then the mexican revolution (started in 1910) banned that size of private property (mexican revolution was a social revolution), the government took the "haciendas" to the owners and give land to the "ejidos". And the poverty grew up: they never gave education to "ejidatarios", only used them to keep the power, instead of be productive they were unproductive. It is a long history. Well, I'll jump it. At the ending of century 20, the government realize it was a failure, so the laws were changed and now the land could be separated of the "ejido" (in wich the ownership stays at the "state" or the government) and can be sold.

Untill that change nobody could own by himself more than 247.1 acres of irrigated land (100 hectáreas) or more than 617.75 acres (250 hectareas) of non irrigated land. But now, that law has been changed, and you can own any amount of land.

BUT the price of the land in México is TOO MUCH HIGHER than in the USA: one acre of irrigated land costs at least $7'500 us dollars, while in Texas it would cost about $1'000 dollars or less, and in North Dakota or in Minnesota even less. Talking to some american friends, they were surprised about this fact. The reasons are many: in US they have less than 2% (+/- 4million people) of population living "from" the land, in México there are more than 20% of population (22 million people), and the agriculural land in México is smaller to the agricultural land in Texas. So the demand is too huge and the offer is too small.

BUT, in modern México, when somebody talks about an Hacienda, he is talking about of an ancient house and main bulidings of the hacienda, originally called "casco de la hacienda" ("head of hacienda") , but now it is called only "hacienda". They are not talking about the whole land belonged by the hacienda, only the head of the hacienda, the main buildings ("casco de la hacienda").

You could make a replicate of an hacienda, but the interesting in real states is to fix ancient haciendas (again, only the main buildings, not the lands).