If you’ve spent any time in Cabo, you know it’s pretty easy to fall in love with this amazing corner of the world. Whether it’s the perfect climate, magnificent beaches, serene desert landscape, wide-ranging recreational activities, or fine cuisine, a home in Cabo just makes all too much sense.
Here’s the top 5 reasons you should consider purchasing real estate in Cabo right now:
- Easy access: Getting in and out of your home away from home is a key consideration when considering purchase of a vacation home. There are plenty of available flight options from major gateway airports the US and Canada to Cabo. It’s also very straightforward for expats to purchase real estate in Cabo. If you’re reading this article, you probably already have an idea of where you want to look.
- Perfect weather: As they say: location, location, location. The tropical desert climate confers outstanding weather throughout the year – in fact, 340 days of sunshine and low humidity. There’s only a brief wet season in late summer low which brings any real rain in the forecast. For snowbirds tired of the cold and snow, “winter” months in Cabo typically have temperatures averaging right around 79 degrees (F).
- Cost of living: While the U.S. and Canadian dollars have backed off their near historic highs against the Mexican peso, the daily cost of living in Cabo is still lower than in the US or Canada. From groceries, restaurants, utilities, property taxes, HOA dues, insurance, activities, or shopping, your day-to-day expenses will be noticeable lower in Los Cabos.
- “Rent-ability”: If you’ll only plan on using your Cabo vacation home for a portion of the year, you might consider making it a short-term vacation rental. Private homes are incredibly popular as rentals in Cabo – many average over 80% annual occupancy rates on a ongoing basis. Accordingly, many owners are able to create ongoing income streams from Cabo homes that bests even their stock market portfolio returns. And you can hire a professional property manager to manage everything turnkey.
- Peace of Mind: With a growing number of expats and literally millions of international visitors per year, Cabo is an extremely secure destination to own a vacation home. Your six-month tourist visa gives you lots of flexibility or even obtaining your resident card is an easy task. In addition to the overall safety of the area and all the conveniences of home, property values continue to rise at an amazing pace.
In Cabo, there’s a price point for every budget – from comfortable ocean-view condos, golf course adjacent homes, quiet off the grid locations, or resort settings close to the beachfront.
Questions about real estate in Cabo? Contact us – we’d love to chat.