Strong Demand Cabo San Lucas has experienced a steady increase in demand for condominiums, fueled by tourists and expats seeking luxury properties with ocean views and proximity to amenities.
Attractive Investment Opportunity Investors are drawn to the area due to its thriving tourism industry and attractive rental yields. Many purchase condos as vacation rentals or long-term investments.
Property Types Condos in Cabo San Lucas range from modest, budget-friendly units to ultra-luxury properties with world-class amenities. Developments often include shared facilities like pools, gyms, and security.
Prime Locations Condos are most commonly found in popular areas like Pedregal, Palmilla, and the Cabo San Lucas Marina, offering easy access to beaches, restaurants, and shopping centers.
Pricing Prices for condos in Cabo San Lucas vary significantly depending on location, size, and amenities.
Rental Potential The strong tourism industry in Cabo San Lucas provides great potential for rental income, particularly during the high season, which runs from November through April.
Resale Market Cabo San Lucas has a robust resale market, with condos often appreciating in value due to their desirable location and the area's ongoing development.
Closing Costs Buyers should be prepared for closing costs. These costs include notary fees, acquisition tax, and registration fees.
