It is very rare to find such a special terrain that is not just a product of time and erosion. No one knows who roamed this area centuries ago, but we do know that Cabo is now one of the hottest destinations in the world for a real estate investment. The rich desert is embraced by stunning rolling mountains and is an ideal destination for those seeking a piece of mind.
Did you know that the famous arch shaped rock formations are one of the most famous in the world having placed Cabo San Lucas on the world map of ¨Must See¨ landmarks? Mother nature worked very hard to create this phenomenon that so many have now chosen to call home.
Considering purchasing south of the border but not quite sure where to do so?
Cabo is much more than just a place to vacation, offering the conveniences of a well-planned city, extra urban development plan and offers an extensive selection of properties from affordable vacant lots, charming condominiums to elegant beach front homes.
Here are some important factors why so many have made an intelligent investment and purchased a second home in Cabo San Lucas.
Climate
The year round warm and sunny climate is highly desirable for those who are used to shoveling snow in the winter. Average temperatures run in the low 50 to 70 degrees Fahrenheit to 95 Fahrenheit at the warmest. The humidity factor is a reason why so many love this dry warm climate. Humidity is tolerable even in the warmest season. Enjoy warm days and a slight Pacific breeze at night. During the summer months of July through October, you might experience some rain but yearly averages total a maximum of only 15 days of rain per year. This is another reason why so many enjoy this particular area.
Hollywood Elite
Cabo San Lucas welcomes the rich and famous with dozens of high-end resorts that cater to demanding clients, which attracts the Hollywood elite and big .com players of the Silicon Valley. With proximity so close to California, it has almost become a sport for the elite to own a property in Cabo. Weekends are when it is really happening, and cocktail parties behind closed doors bring in visitors from all over the world. Just imagine who will be your neighbors.
Golf anyone?
Retirement with world class golf courses, modern conveniences, medical facilities and a more affordable lifestyle, Cabo San Lucas has become one of the most popular retirement destinations for golf lovers. You can choose from a selection of top-notch golf clubs designed by the world’s best.
Easy Buying Process
The buying procedure in Cabo is different than that of the US or Canada, not better or worse, just different. A good real estate professional can guide you through the buying process and make it so very easy even if you do not yet live in Cabo San Lucas and must handle the transaction from afar. Make sure to check his or her references. Choosing a reliable name will help ensure a smooth transaction. A notary public who is the highest appointed designation within the Mexican legal system will and must validate every real estate transaction. Notaries certify that all your legal documents are in order to ensure a clear transfer of title.
Fideicomiso
To purchase property in Mexico as a foreigner, a bank trust called Fideicomiso is used for real estate located in the restricted zone that is the area of land 62 miles from the border and 31 miles along Mexico’s coastline. A fideicomiso allows non-Mexican nationals to acquire property in the restricted zone by placing the real estate property into a bank trust recorded in a Mexican trustees name. The Mexican trustee is the Mexican bank trust department and has proven to be safe and much more trustworthy than a private partnership with a Mexican national who might lend you their name.
Cabo San Lucas. A place that you can call home. For a discounted real estate package, please click here for Try and Buy.