With the US housing market in such a strange state of flux after the 2020-2022 boom, it might be time to start looking at international real estate as an option. For example, Cabo San Lucas real estate is a popular, thriving vacationing spot with rental opportunities, great activities, and location perks. If you’d like to invest in a vacation home or a stunning luxury rental there are few places better than Cabo San Lucas, Mexico.
1. You can travel there easily
One of the reasons Cabo San Lucas real estate is so popular for vacationers is because it is one of the easiest international travel spots in the country. Whether you’re a solo traveler or a businessperson with a family, ease and safety are a factor when you’re that far away from home. You want to make sure you're setting yourself up for a good time with few troubles.
2. It’s a versatile location
When it comes to real estate purchases, there’s no way of knowing for certain how long that investment will be worth it. The market is constantly changing, after all. A few months ago the US market was a seller's market, but now it's swinging back towards favoring buyers. However, if you purchase your home in a tropical, tourist-friendly area like Cabo San Lucas, you’re likely to always have a decent market to work with.
Furthermore, the climate of the Cabo San Lucas real estate area is to die for. The temperatures always sit between 56 and 96 degrees, keeping the region warm and often dry. There’s a reason people love the beaches and deserts of this region alike. You also should note that Cabo San Lucas is only 30 minutes from the similarly popular San José del Cabo. This gives you or renters access to other exciting Mexican peninsula thrills.
Living or renting in Cabo offers luxury, adventure, and a healthier lifestyle, so houses for sale in Cabo San Lucas can be quite a lucrative and beneficial investment.
3. There is plenty of sunny entertainment
If you love beaches, there is a wide variety of sandy havens near any Cabo San Lucas real estate you might purchase. For example, Lover’s Beach, Chileno Beach, and Médano Beach are all popular hotspots for locals and tourists alike. Here you can snorkel, surf, swim, and enjoy the sunshine.
Photo courtesy of Wild Canyon Adventures
A few other Cabo favorites include heading out to Wild Canyon Adventures and renting UTVs, bikes, and even camels. The most famous activity is probably whale watching, though. It's a unique joy to see humpback whales in their natural habitat.
When purchasing houses for sale in Cabo San Lucas to rent them, you should include a little guide to the local area. There, you can recommend a few great places like these and leave your renters even more satisfied.
4. You can enjoy the variety of cuisine
Being in the crux of one of the most beautiful Mexican peninsulas, Cabo is known for its diverse and delicious cuisine. There are classic local flavors, of course, in places like Tacos Gardenias, Los Tres Gallos, and La Raiz Tortilleria. These places serve some of the best gourmet Mexican dishes, as well as comfort eats.
Photo courtesy of Salvatore G’s
Meanwhile, you can also enjoy Italian dishes and seafood, from Salvatore’s to Manta and El Farallon. The latter two of these restaurants pride themselves on bringing you oceanic cuisine straight from the sea.
When you’re staying at your Cabo San Lucas real estate, don’t miss out on these gorgeous flavors.
5. There are many rental opportunities
If you’re looking to make use of your Cabo investment when you aren’t there, you’re in luck. Vacation rentals are a highly lucrative business in this area. The prices for regular AirBnB bookings go for an average of $287 a night. However, if you book your home as a luxury AirBnB, that number increases to an average of $500-$2000 a night.
So, just know while looking at houses for sale in Cabo San Lucas that your investment might not only be a good one for your rest and relaxation. Whenever you aren’t using the home yourself, it can be a new, impressive source of revenue for you.
Ready to take the next step and invest in houses for sale in Cabo San Lucas? Reach out to Goldsmith Group for expert guidance.