If you’re considering purchasing a home in Los Cabos, this guide is your go-to resource for navigating the process. From selecting the ideal location and deciding between property types to weighing the importance of ocean views and home amenities, this guide covers the essentials. Paired with a thorough online tutorial on buying property in Mexico, you’ll be fully prepared to make your dream of owning a home in Cabo a reality.
Define Your Purpose: Primary, Secondary, or Investment Property
Your property’s purpose significantly influences the type of home you’ll seek. Investors often prioritize options with strong rental income potential and value appreciation over time. For those planning to use the property as a secondary residence, features that support short-term enjoyment take precedence, such as ease of maintenance or proximity to local attractions.
Secondary homeowners may also plan to rent out their property until retirement, gradually transitioning to full-time occupancy. Regardless of your intent, properties with rental potential are a smart investment, as this enhances their resale value.
If you’re focused on maximizing rental returns, explore available investment-oriented properties to identify opportunities that align with your goals.
What Type of Property Suits Your Lifestyle?
Condominiums
Condos are ideal for those seeking minimal upkeep and convenience. The homeowner’s association (HOA) typically manages exterior maintenance and communal amenities. With a property manager to oversee your unit in your absence, tasks like bill payments and hurricane preparations can be efficiently handled.
Houses
Owning a house demands greater hands-on responsibility. Maintenance tasks include caring for landscaping, routine cleaning of pools, and ensuring the proper functioning of key systems like water pumps and cisterns. Hiring a reliable property manager to handle these responsibilities, especially during hurricane season, is essential for stress-free ownership.
Fractional Ownership
If frequent but short visits are more your style, fractional condos offer a cost-effective solution. These properties provide the benefits of resort-style living, with minimal responsibilities as resort operators handle upkeep. Owners can rent their portion during unused periods, making this an appealing option for those seeking flexibility.
Furnished or Unfurnished?
Most Los Cabos properties are sold fully furnished, reflecting the area’s second-home market. Turn-key properties often come equipped with everything from furniture to kitchenware, allowing you to start enjoying your home immediately.
If you prefer a personalized touch, pre-construction properties offer opportunities to select furnishings yourself. Developers may present furniture packages, or you can work with decorators to create a customized interior design. For updates to an existing property, consignment stores like Tienda 17 can help you replace or upgrade furniture over time.
Do You Need Extra Bedrooms?
While many envision hosting family gatherings, consider how much space you realistically need. Buyers often overestimate, expecting frequent visits from extended family. However, life commitments, particularly those involving school schedules or other vacation priorities, can limit such trips.
A practical approach is choosing a property with fewer bedrooms and locating it near short-term rental accommodations to host larger groups when needed.
Ocean Views and Zoning Regulations
Ocean views are a top priority for many buyers in Los Cabos, but zoning laws and sustainable development considerations can impact your options. Understanding these regulations is crucial to preserving that coveted view. Be sure to research zoning information to make informed decisions about your purchase.
Home Décor: Traditional Meets Modern
Buyers may notice a difference in design trends compared to those back home. While contemporary styles are gaining popularity, traditional Mexican homes often feature earthy tones and wooden finishes. Renovation can bridge the gap if you prefer a more modern aesthetic, but location and ocean views should take precedence in your decision-making. With these priorities set, adjustments to décor can come later.
How Do You See Yourself Living in Los Cabos?
When purchasing property in Los Cabos, understanding how you envision your lifestyle is key. There are several popular settings that cater to different preferences, whether you’re buying for personal use or as an investment.
City and Beach Walkable
This option is perfect for those who love being close to the vibrant downtown areas of Cabo San Lucas or San Jose del Cabo while having the beach just steps away. Whether it’s a morning beach stroll, an afternoon swim in a complex pool, or a lively evening out, this lifestyle offers convenience and energy. Walkability is also highly sought after by renters, eliminating the need for driving.
Toes in the Sand
For beachfront enthusiasts, nothing beats waking up to the sound of waves and the scent of sea air. Beachfront properties in Cabo cater to those who want direct access to the sand and often command premium prices from vacationers. Options range from highly walkable luxury spots like Hacienda Beach Club in Cabo San Lucas to serene and private locales such as El Encanto de la Laguna.
Secluded and Private
If peace and quiet are your priorities, consider a more secluded setting that still offers resort-style amenities such as pools and fitness facilities. These properties provide a sense of retreat while keeping the hustle and bustle at a distance. Among the top choices for this lifestyle are complexes like Copala Condos, known for blending privacy with luxury amenities.
Beyond these popular settings, buyers should also consider proximity to swimmable beaches, snorkeling locations, surf breaks, and other natural attractions.
Where in Los Cabos Should You Live?
Los Cabos offers a variety of areas, each with its unique vibe and lifestyle. Your choice should reflect your preferences and priorities.
Cabo San Lucas (CSL)
Known for its lively nightlife, luxury marina, and spring break crowds, Cabo San Lucas also provides practical benefits such as proximity to Costco and other conveniences. Even if nightlife isn’t your thing, CSL remains a vibrant choice for those who enjoy an energetic atmosphere.
San Jose del Cabo (SJD)
Often described as a quieter, artsier counterpart to CSL, San Jose del Cabo has a more laid-back charm. It’s especially appealing to those who value a slower pace and cultural attractions.
The Corridor
Nestled between CSL and SJD, the Corridor is home to exclusive communities offering oceanside luxury, golf courses, spas, and various amenities. With a 20-minute drive to either city, the Corridor provides a balanced lifestyle.
Pacific Side
Stretching from Sunset Beach at Quivira to Rancho San Lucas, this area is characterized by cooler temperatures and ocean breezes from the Pacific. With unique developments and plenty of amenities, it’s an excellent choice for full-time residents seeking a comfortable climate.
East Cape
Renowned for its untouched beauty, East Cape offers pristine beaches and a tranquil lifestyle. It’s a haven for outdoor enthusiasts, with opportunities for fishing, snorkeling, windsurfing, and off-roading. This area is ideal for those seeking a simpler, off-grid existence.
Choosing the Right Real Estate Agent
Selecting a knowledgeable and experienced agent is crucial for a smooth buying experience. While many brokerages operate in Los Cabos, handing over your contact information to a large brand often means you’ll be assigned an agent without a say.
Instead, take time to research potential agents online. Look for testimonials on their website, reviews on platforms like Yelp or Google Business, and their overall reputation. A strong online presence and positive reviews are indicators of a reliable agent who will prioritize your needs.
Understanding the Los Cabos Real Estate Market
Los Cabo continues to be one of the best places to buy property in Mexico. The Los Cabos market operates differently from many others, as it primarily caters to second-home buyers. Unlike primary residences, there’s usually no urgency to buy or sell, which means both buyers and sellers often take their time.
- Buyers typically explore options while vacationing or during dedicated trips to assess properties.
- Sellers are often willing to wait for the right offer, leading to longer average days on the market compared to typical home sales elsewhere. Pre-COVID, 150 days on market was not uncommon for newer listings.
