Every owner who bought at La Ventana del Mar pays annual dues: US$4,400 or more per condo, around US$2,000 per lot. The developer — owner of hundreds of lots in the very same regimes — declared itself exempt. The cost of streets, gates, security, common areas and the administration's payroll falls only on those who pay.
In April 2015, the deed amending the land trust returned 282 condominium units and 33 lots to San Felipe Beach Club, S.A. de C.V. — in Beach Club 3, Condominiums 4, 7, 9-A, 9-B, 9-C, 10, 11, 12-A and 12-B — free of liens. Owners estimate the developer's group still holds between 600 and 800 lots across the development today.
And while those who pay cover everything, owners report that the removed administration has upper-management staff paid more than US$100,000 a year, and pays contracts with owners’ funds that have no specific goals. None of it was approved by an assembly of owners, as the law requires (Arts. 37 and 41).
That is the size of the hole. Use the calculator: move the number of lots and the monthly dues, and see what the condominium loses every year — and what everyone else absorbs.
Source for the 282 units: Deed 156,536, Vol. 4,148, Apr 1, 2015, Notary 5 of Mexicali; Registry entry 5723271. The 600–800 lot figure is the owners' estimate and will be documented as rolls are obtained.