Mexican citizens and some developers do not post as part of the Multiple Listing Service (MLS). Check out the featured Secluded & Private Condos below. The best part comes with the realization that your thoughts of the beach, the ideas of tranquil relaxation and romantic enchantment are no longer a distant dream. The waters are full of tuna, marlin, dorado (mahi-mahi), and a host of other fish. Youll often see families enjoying tours and people having fun on their vacations; relaxing by the beach and overall having a nice, calm holiday. Esperanza, Auberge Resorts Collection. Its simply an incredible location for a broad range of people, and its an area that youre bound to love living in for years to come. #3. This is something a lot of renters are looking for, everything walkable and free of having to drive. Determine the sum of all your annual expenses: To determine ROI, divide the net profit of the investment by the cost of the investment. Almost every day, an organic market is held somewhere in the city with locals sharing their woven goods as well as locally made treats. Investing in Cabo San Lucas real estate could be a great idea, but before you make any decisions, it's essential to be . Your email address will not be published. If you still cant find what you want and decide to build yourself, be sure to thoroughly investigate the developer and their right to build on those lands. With our team of experienced, licensed agents, you can rest assured that youll be in good hands as you go through the process of finding and buying a property in Cabo San Lucas. The only real way to get there was in a private jet or boat. Less than 30 minutes away you can also explore other less commercial beaches like Santa Maria and Chilano. Located on the southernmost tip of the Baja California Peninsula, this city has become one of the most popular and loved parts of the greater Los Cabos area, mainly because its well known for being an excellent beach destination for well over 50 years. Youll find that the majority of the citys most popular hotels (and even some globally renowned ones) are located here, with excellent examples like the Grand Fiesta Americana Los Cabos and the Sheraton Grand Los Cabos Hacienda del Mar. Find out if your community shares a cistern receiving water from the local utility, Oomsapas, or if you will rely on water delivery trucks, pipas. One of several reasons why it was able to become such a popular destination among tourists is because of the fact that its so close to a variety of other metropolitan areas, as well as the availability of flights to and from the city. Copyright 2018 Cabo Real Estate Services. After seeing so much of what this location has to offer, you may have already guessed that the real estate market here isnt doing too badly. Situated at the tip of the Baja California peninsula, Cabo San Lucas is snuggled between the Pacific Ocean and the Sea of Cortez. The marina is the heart of the city. Schedule a trip to the Isla del Espiritu Santo or a swim with the whale sharks. Often, the marina area is popular among individuals who enjoy seafood and want to try some delicious cuisine and fine dining at local establishments. The general rule of thumb for rental property here in Cabo is a quality two-bedroom condo with a view of the ocean or access to the beach will have an occupancy rate of approximately 65 70% of the time or 36 weeks per year. Do you need a little more information on what living here is really like? If you are purchasing land and constructing, that can add on time to research ownership of the land as well and design approval and construction time. (Varies by development) | $3,600, Management (Varies depending on service provided) | $6,000, Miscellaneous (Utilities, repairs, insurance, etc.) Youll find that theres never a dull moment to be had, and an endless variety of options to keep you occupied. A key factor when evaluating an investment is determining its return on investment. This is a simple mathematical formula to determine the performance of ones money spent on a purchase; in other words, its profitability. If you want to only visit La Paz, head up the 19 through Todos Santos for a more direct and less scenic drive. In the early 1970s, Cabo San Lucas had three hotels. Many of the sunset party boats will also take guests to the local beaches during the day where they can enjoy snorkeling and other water sports. This location is gaining more attention as the years go by and more people are starting to visit; either for vacations, or for permanent living. RAPI-0042Patrick Neal U.S. +1 925-963-9639 MX +52 624-160-1502OFFICE ONE MEDANO BUILDING CALLE DE LA MARINA Y AVE PESCADORU.S. So you are now thinking which one do we choose? It is a non-stop Spring Break party and a rustic quiet mountain rancho. Jeff Thank you for your inquiry. This area has been getting even more recognition recently for being such an excellent location, especially among tourists across the west of Mexico. Others have a party atmosphere and a generous bar. Hurricane shutters are a good investment. Developments are popping up in and around Todos Santos, but they have kept the quaint artsy hippy feel of the downtown intact. This small town hosts a music museum and a new cultural center to be opening soon. For the two of us, we live for about $1,000 a month including twice a month housekeeping and monthly landscaping. Located in the heart of the city in the Medano district (although still quite close to the Marina), youll find that this area is home to a wide variety of fine dining opportunities, shopping areas, and a great deal more. Check out the Hotel California and decide for yourself if it is the one the song is all about. There are 4 main districts that make up this city, all of which are located along Cabo San Lucas shores. If you take a look at the overall costs and compare them to other major cities and resort areas, youre likely to find a big (and pleasant) difference, which actually makes this luxurious location an ideal spot for people who want the best possible lifestyle for the least amount of cash possible. With the internet at your fingertips, you can search through a variety of potential future homes and whittle down the options until you have one that youre confident youll be happy with. Investing In Los Cabos and capitalizing on an evolving beach resort destination Cabo San Lucas Investment Properties When considering an investment strategy in Mexico, planning requires knowledge, analysis, and local connectivity. Do you want an established community or one that is just being developed? While it was initially known for fishing, the culture and they way that it varies from one district to another is fascinating. Many long-term renters spend between $1,000 $3,000 a month for housing here in Los Cabos. Again, the nightlife here is incredible, with restaurants, festivals, and bars all open to visitors well into the night. If you want more of an adventure through winding mountain roads, the 1 through San Jose is for you. Real Estate Investing in Cabo | Real Estate with ROI Cabo San Lucas, a resort city on the southern tip of Mexicos Baja California peninsula, is known for its beaches, water-based activities and nightlife. With year-round tourism and a competitive rental market, you will have no trouble finding vacation tenants, short-term tenants, or long-term tenants for houses in both Cabo San Lucas and San Jose del Cabo. Are you looking to be surrounded by other English-speaking retirees? With years in the business of helping people to find their dream homes, weve acquired a great deal of knowledge and information about the area which well share with you down below to help you make the decision of if you want to buy and where you should look to purchase your future home. 4 Reasons Why Cabo Real Estate Might Be The Best Investment Of Your Life. When we purchased a home in Cabo San Lucas five years ago, we looked in many different areas and at many different home types before we found one that met our needs. Investing in Cabo | # 1 Los Cabos Real Esteate Site Click on each link above to jump to the section. In the fall, the Tuna Tournament and Bisbee Fishing Tournament are held. The owner performs most of the effort utilizing a managing company for the simplest of services. An average doctor visit is about $60 and includes unlimited text follow-up directly with the doctor. Cabo San Lucas, Mexico - International Living Are you interested in learning more about what these locations have to offer and what life is really like here? Going to sleep and waking to waves crashing on the beach and the smell of the sea air. Mid-December until mid-April it is easy to get up close to humpback and grey whales. We looked in many different areas when searching to get an idea of the different communities and the logistical considerations of that area. Making sure the home has adequate drainage and waterproofing is important. Look for the Ojo de Agua (eye of water) signs. | $, Subtract the total annual expenses from your annual income $29,700 $12,850, $16,850 Net profit / $200,000 Cost of Investment. I look forward to the opportunity to assist you in buying property in Cabo. Los Cabos Investment Rental Properties - Cabo Real Estate Services The important point to glean from this hypothetical is your real estate investment in Cabo can generate substantial cash flow for you and your household. Dont worry, the snakes are more interested in the fish. The secluded and private vacation rental experience is about getting away from it all while having pools, fitness facilities and other resort type amenities nearby. Are you looking to be in the affluent areas of Pedregal and the growing Pacific Coast? A few of the great sites youll want to visit include the Huichol Museum and Pasado Marina de Museo, as these both have so much information for you to take in. You need to see how each sort of experience suits your present and future plans. The marina is filled with private fishing vessels from tiny pangas to 200-foot yachts, both privately-owned and available for rent. Cabo San Lucas is among the best places to buy property in Mexico. A variety of fishing experiences are available. On the Sea of Cortez side, the community of Cabo Bello supplies ocean-front single-family homes, and further inland the exploding El Tezal area boasts homes built 50 years ago amongst a host of brand-new condominium developments. In most cases, youll find that houses here can often be less expensive than the majority of homes in the United States or Canada. About an hour north of Cabo and the first stop from San Jose del Cabo is Miraflores. Suppose you purchase a one or two-bedroom condominium in Cabo for $200,000. Mornings are best if you want a smooth time on the water. Investing in vacation rental properties can be a lucrative opportunity. Check out some local crafts and artists. Love your article lots of information to consider do you have any information on financing? The main roads are paved and maintained. Azarel & Christian are long-time residents of Los Cabos with vast experience in the Cabo San Lucas real estate market and an extensive international network of clients, real estate agents, and partners. Pescadero is the home of Cerritos Beach known for some of the best surfing waves in the area. Stroll in and out of local galleries to explore local photography, sculpture, and paintings. It is more relaxed and higher-end than Cabo. Dont worry, weve got you covered here are just a few facts that you may want to know about Cabo San Lucas, as well as the Los Cabos area as a whole: There are around 98,000 people, and the Las Census of 2015 reported a population of 81,111The usual annual temperatures tend to be about 78 F (with average highs of 96, and lows of 62)The time zone here is MST (Mountain Standard Time)You can expect a desert climate with a rainy season starting in July and going through until September (although it can begin earlier or end later by a month sometimes)The landscapes here are just beautiful, with the desert meeting the ocean, and the mountainous zones in the background creating a perfect viewOverall, the demographics show that the majority of the population here is made up of US, Canadian, and Mexican citizensLos Cabos International Airport is located in San Jose Del Cabo, baja californiasur and its worth noting that theres also a exclusive airport here for private planesDont forget to ask us if you would like to hear more, or if you have any questions! USA/CAN: 530-751-6797. As stated, many variables go into calculating the return on investment (ROI). Cabo San Lucas is a bustling city and a quaint Mexican village with historic town squares. Over the last 40 years, this desert community has grown exponentially becoming the second largest city of the state of Baja California Sur with a surging population of 350,000, and yet it is still rural enough that I often see cows wandering the road outside my home. In 2018, My husband and I purchased a modest three-bedroom, two-and-a-half bathroom duplex in Tezal with a view of the ocean for under $200,000. About Los Cabos Investment Rental Properties Many people ask us about buying in Los Cabos and being able to rent the condo or house out for supplemental income to offset operating costs, payback financing or return on investment. Villa Estancia Remodeled $995,000.00 USD 17,910,000 mxn 2 Bedrooms /2.5 Baths 2,162 Sq Ft LET YOUR CABO REAL ESTATE SEARCH START HERE. First of all, its important to talk about the real estate market itself, particularly for those who are unsure whether or not investing will be worth it. Fishermen from all over the world come down to Cabo San Lucas to participate in Bisbees Black & Blue Anglers competition in the hopes of winning the large cash prize thats at stake. December through March is the ideal time to view migrating humpback and gray whales. San Jose has a quaint downtown shopping district that hosts art walks once a week. Hang with the late-night crowd at Gran Pastor, a storefront taqueria. Some developments build and maintain the surrounding roads. It is easy to find a dream home or an investment that will earn you handsomely in the future. People want to experience the luxury that's why real estate rates have gone up for Cabo San Lucas. Featured Image Copyright: iStock/ferrantraite. We are looking to fiance a second home in Cabo and use it for a vacation rental. Near the mouth of the marina, a series of dance clubs blast music and lights competing for the attention of the 20-somethings looking for a fun night out. If you want a break from the bustle of Cabo, many destinations are within an easy hours drive. It is important to find the right mix of neighbors. Added to this is a variety of tourists who seem to double the citys population from November through March. Stop by a local farm-to-table restaurant. My experience is the vacation rental sites such as VRBO and Airbnb do not assess a 30% fee for their services. Anyone Investing in Cabo San Lucas, Mexico? - BiggerPockets Waldorf Astoria Los Cabos Pedregal. There are not a lot of animals housed here, but it is free and there is some beautiful foliage to view as well. Find yourself a reclining chair along Mdano beach at one of the many restaurants. The common style of home in Cabo is multi-level which can be challenging for many retirees. There are some great museums here too, all of which could help you to immerse yourself in the resorts past. Cabo San Lucas Baja California Sur Homes for Rent - Invest Los Cabos With the many amazing things about this location, and from the clear waters to the beautiful scenery, its not hard to see why. If all this sounds good to you, it might be worth getting to know some of your options when it comes to real estate in Cabo San Lucas. Or if you prefer a more luxurious life, multi-million-dollar homes are available along the coastlines. Word of mouth is still the best form of communication in Cabo. Youll find only the best dining establishments, high-end shopping areas, 5-star hotels all around, and world-class golf courses that you just cant overlook. Additionally, it is recommended you discuss the benefits of owning a rental property with your tax professional. Call Us: 1-800-403-6597 Home Search Search by Areas Vacation Rentals Ownership in Mexico Lifestyle Investing in Los Cabos You are here: Home / Ownership in Mexico / Investing in Los Cabos Investing in Los Cabos I n today's economy, it is more important than ever to evaluate your investments. During the dry months, some of the more rustic roads can be a bit more like off-roading. Or, if the late-night scene is not for you, driving through the gauntlet of clubs as they begin to open can be a feast for the eyes and the ears. If you are thinking only wealthy people can afford a second home that is simply not the case. When looking for a property in Mexicomake sure to find a real estate companythat will show you all options for residences Los Caboshas to offer. Later in the day, there is more whale activity, but also more waves. Most travel there to vacation and enjoy the endless sunshine and pristine waters. This, along with the great average temperatures seen year-round, gives people the opportunity to enjoy a wide range of activities. Are you looking for a more chill vibe in the mountainside of El Tezal where there are great views and prices, but it may take you extra travel time to go up the mountain roads? Average travel times point-to-point in Cabo are usually under 20 minutes, or a little longer during the 3 p.m. lunch and 6 p.m. after-work traffic. This allows you quick and easy access to the magnificent beaches, and since many of them are fairly isolated, youll often be able to enjoy some peace and quiet while relaxing by the sea. The population has likewise exploded, particularly in Cabo San Lucas. 2022 Copyright Own In Cabo Real Estate | All Rights Reserved, Cabo San Lucas 3D Virtual Tour Homes For Sale, BUYERS GUIDE TO CABO SAN LUCAS REAL ESTATE, SELLERS GUIDE TO CABO SAN LUCAS REAL ESTATE, More Things To Do In Cabo San Lucas; A Travelers Guide. It is a destination beloved by many people. The return on investment is determined by dividing the net profit of the investment by the cost of the investment. - Digital Marketing & Web Design by Savy Agency, At the Best Restaurants in Cabo, World-Renowned Chefs are Making a Scene, House Hunting in Cabo Starts with Jud Waggoman, Your Retirement in Mexico Begins in Los Cabos, Why Fishing in Cabo San Lucas Will Have You Coming Back For More, HOA $300/mo. It is a place to get away from it allwhile being in the midst of it all. Being able to wake up to peace and tranquility knowing hustle and bustle are some distance away. With an abundance of tuna, wahoo, marlin, and dorado, Cabo San Lucas was founded on fishing. For example, were sure that after seeing the beautiful scenery in the backdrop, youre going to want to explore and have an adventure in nature. Safety. For home goods, check out Artesanos, a warehouse full of glasses, plates, furniture, lighting fixtures, and more from around Mexico. Here are my Top 10 Things to Do in Cabo San Lucas. Many individuals who dont have the budget for a massive beach front home will opt for a condo, simply because they can often be far less expensive while also offering the benefits of living by the sea. Buying Real Estate in Los Cabos, Mexico - International Living We want to help you to find your dream house here, regardless of what that is. One can take a leisurely stroll around the marina and enjoy a stop at the Container restaurant for a nice meal with a beautiful view. Choose from one of many amazing restaurants with views of the marina or the sunset to end your day. We want to help you live a life full of fun and luxury in a property that youll love for a lifetime, and our services have reached people across the globe to buy in this part of Mexico. Own In Cabo Real Estate is a professional real estate . When making your wish list, be sure to note if you want a single story or multiple floors. Medano and the Marina are two of the most thriving districts, although what separates them from each other are the differences between Medanos daytime and night-time atmosphere . Many expats find these months a little overbearing and use the time to travel back north to visit family. In past, I have emphasized the conditions making the current real estate market in Cabo ripe for buyers. Whether its the humble beginnings and the sleepy fishing village background (and its development into such a fabulous location), or even the Hispanic charm; youll be glad to hear that there are plenty of interesting traditions, landmarks, and historic sites for you to check out. Toggle navigation. For more fun on the water, check out the dinner and sunset cruises. Note: Mexican law requires foreign investors to pay a minimum of 25% tax on rental income reducing the income in this example to $29,700. Even more, its located in the state of Baja California Sur, considered the safest state in the entire country of Mexico. These homes are great for families who want to live in this beautiful area, but arent as keen to live in a condominium or have the budget for a larger estate. The average temperate year-round for Cabo San Lucas varies from 61F to 91F.