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✅ Yes! Foreigners can purchase property in Los Cabos through a bank trust (fideicomiso) or a Mexican corporation. This allows you to legally own property in the restricted zone (within 50 km of the coastline).
💰 Absolutely! Cabo is a top tourist destination, with high rental demand, strong property appreciation, and a growing luxury market. Many buyers see excellent returns on vacation rentals and resale values.
📑 Expect 5-7% of the purchase price, covering taxes, legal fees, and notary costs. Within these costs includes the 3% ISABI federal acquisition tax. While slightly higher than in the U.S., property taxes in Mexico are much lower.
👨💼 Yes! The Los Cabos market is unique. A local agent ensures you find the right home, negotiate a fair deal, and handle all legal aspects smoothly.
⏳ Typically 30-60 days, depending on financing, legal paperwork, and trust setup. All-cash purchases can close faster.
🏦 Yes, but options are limited. Mexican banks offer mortgages to foreigners with higher interest rates, or you can explore U.S./Canadian financing, developer financing, or cash purchases.
📉 Very low! Expect to pay 0.1% of the assessed value annually. A $500,000 home might have property taxes of only $500 per year.ortgages to foreigners with higher interest rates, or you can explore U.S./Canadian financing, developer financing, or cash purchases.
🏡 Yes! Short-term rentals are very popular in Cabo. However, you’ll need to follow local tax and permit regulations. A property manager can help maximize rental income.
📆 Off-season (summer/fall) can be a great time to buy since sellers are often more motivated, leading to better deals and more room for negotiation. With fewer buyers in the market, you might have a better chance of securing a property at a competitive price.
🌴 Peak season (winter/spring) is also an excellent time to buy, especially if you have your heart set on a specific property. The best homes tend to sell quickly, and buying during high season ensures you lock in your dream property before someone else does. Plus, you can experience the area in its prime—when the weather, community, and lifestyle are at their best.
🏡 Bottom line: There’s no bad time to buy in Cabo—just different advantages depending on the season!
Location: Carr. Transpeninsular KM 25 L-10 Plaza Vieja Colonia Palmilla, San Jose del Cabo Baja California Sur 23406
Phone: 624 144 5164
Email: info@sgloscabos.com