Let’s Find A Home That’s Perfect For You
Simplifying Your Property Search in Los Cabos
Your Path to Finding Your Dream Home in Cabo Starts Here!
It's my mission to make finding your dream home in Cabo San Lucas easy and enjoyable. My three-step plan is designed to guide you through the process seamlessly. Start your journey today and let me help you find the perfect property that matches your lifestyle and preferences in beautiful Los Cabos!
Choosing the right neighborhood can be overwhelming. Let me guide you to areas that match your lifestyle and safety preferences
Understanding property ownership rules in Cabo can be complex. We provide clarity, explaining the process step-by-step, so you can buy with confidence.
Searching for properties in Cabo shouldn't be a scavenger hunt. Our website consolidates listings, saving you time and effort
You deserve luxury without breaking the bank. Our team specializes in finding exquisite properties that offer value and stunning views.
I'm commited to honesty and transparency ensuring you receive reliable guidance, giving you peace of mind.
I always prioritize the needs and preferences of my clients, offering personalized service that puts you first in every real estate decision.
I have a deep knowledge of the Cabo area, so I can provide expert recommendations and insights tailored to your needs.
Cabo offers a welcoming environment for families, with perfect weather, spectacular scenery, and endless activities for all ages.
Experience luxury living in Cabo, a fast-growing market, offering perfect weather, stunning scenery, and world-class amenities.
Search all properties in Los Cabos, including MLS listings, on the Cabo4Sale website. Your dream property is just a click away.
About 6 years ago, my wife Kathy and I met Mike Nicol (Cabo4Sale Broker) while he was working for another real estate company. At that time we knew we wanted to purchase property in Cabo, but we were not familiar with the different areas. Well, Mike and his team were able to answer all our questions and proceeded to show us various lots and informed us about all the advantages and disadvantages of the various properties. When we picked the lot that we liked, they were able to negotiate a favorable deal for us and the seller. It was very fair, and they made it EASY and stress-free.
I would deal with Cabo4Sale and Mike again and I always recommend them to my friends who are interested in buying property in Cabo or any nearby areas. THANK YOU!
My wife and I acquired our first property in Cabo San Lucas, Mexico from Cabo4Sale about two years ago. We have found them to be both honest and forthright in all his dealings with us. We have now worked with Cabo4Sale on several transactions and found their attention to our needs excellent in every aspect.
I just bought a lot in Cabo and am in the process of building my dream home. This could not have been possible if it wasn't for the help and patience of the Cabo4Sale team. After reading and hearing about the horror stories of dishonesty from other realtors, their professionalism, honesty, character and integrity rose above all other realtors I came in contact with. Their experience, knowledge and excellent customer service makes it much easier for a foreigner to gain confidence to invest in a foreign country.
What I most appreciate about Mike and the Cabo4Sale team is that they are like the "Yellow Pages" of Cabo San Lucas, they know where the local business contacts and services are located, and a lot of times takes the time to personally take you to them. This is a unique attribute of Mike’s…
Mike is one of the BEST realtors here in Cabo and I would highly recommend him to anyone.
Begin by filling out a brief form detailing your property preferences, such as location, budget, and desired amenities. This helps us understand your needs and narrow down the search for your dream property.
After receiving your form, our experienced agents will reach out to schedule a consultation. During this consultation, we'll discuss your preferences in more detail and explore various property options that align with your criteria.
Once we have a clear understanding of your preferences, we'll start arranging property viewings. You'll have the opportunity to visit potential properties, ask questions, and ultimately find the perfect home that meets your needs and exceeds your expectations.
leverages cutting-edge Artificial Intelligence to monitor internet search traffic, pinpointing high-intent buyers based on their search behaviors. When a potential customer searches for one of your selected keywords, our AI system identifies them as a high-intent lead.
But it doesn't end there. Our system monitors their actions and, after engaging with two relevant pieces of content, cross-references them with a big data source to confirm their opt-in status for receiving communications from advertising partners. If they're confirmed, their contact information, along with the keyword they were interested in, is instantly delivered to you. This allows you to leverage the data in multiple ways to profit whether it be with connecting with them directly by mail, phone or email, OR by building powerful Facebook Custom and Lookalike Audiences.
Timing is critical in converting leads into customers. That's why we've implemented direct integrations with SendGrid, GoHighLevel, and more autoresponse software so you can send an email the moment the lead is generated. This allows you to enter into the conversation they’re already having in their mind.
This is a game-changer in lead generation. Are you prepared to dominate your market and leave your competitors in the dust? Your journey to success begins with .
1. Fideicomiso: The Key to Coastal Ownership
One of the most important things to know when buying property as a foreigner in Mexico is the Fideicomiso. This is a bank trust that allows non-Mexican citizens to purchase property within the restricted zones, which include areas close to coastlines and borders (such as Cabo San Lucas).
What is a Fideicomiso?
A Fideicomiso is a 50-year renewable trust that allows a foreigner to hold property while enjoying full ownership rights. Although the bank technically holds the title, you (as the beneficiary) can sell, rent, transfer, or will the property as you wish.
The Fideicomiso provides security and peace of mind for foreign buyers who want to own coastal properties in Mexico, such as beachfront villas or oceanview condos.
2. Restricted Zones and Property Ownership
Mexico’s Restricted Zone refers to areas located within 100 kilometers of a national border or 50 kilometers from the coastline. While this might seem like a limitation, the Fideicomiso allows foreign buyers to bypass these restrictions and legally own property in these sought-after areas.
For example, properties in Cabo San Lucas, located along Mexico’s stunning coastline, fall within the restricted zone. However, through the Fideicomiso, foreigners can confidently purchase real estate in this area and enjoy full ownership rights.
3. Legal Framework for Buying Property as a Foreigner in Mexico
Mexico’s legal system provides strong protections for property buyers, but it’s crucial to work with experienced professionals throughout the process. Here are a few key players you’ll want to involve:
A Qualified Real Estate Agent
Your agent will help you navigate the market, identify properties, and negotiate terms. Choose someone with experience in Mexico’s legal framework for foreign buyers, contact us.
A Mexican Notary Public
A Notary Public in Mexico is responsible for reviewing and authenticating all real estate transactions. They will ensure the property title is clear, verify documents, and make sure taxes and fees are paid correctly.
Legal Counsel
It’s also wise to hire a local attorney who understands property law for foreigners. They can help ensure you understand the terms of the Fideicomiso and guide you through the legal requirements.
4. Property Types and Investment Opportunities for Foreigners
When it comes to buying property as a foreigner in Mexico, you have access to a wide range of property types, including beachfront condos, luxury villas, and investment properties. Depending on your goals—whether it’s a vacation home, a rental property, or a permanent residence—Mexico has options that fit every budget and need.
Popular areas like Cabo San Lucas and San José del Cabo offer lucrative opportunities for property appreciation, particularly in neighborhoods like Pedregal and the San José Corridor.
Explore real estate listings in Cabo.
5. Property Taxes and Costs in Mexico
When purchasing property in Mexico, foreign buyers should consider the following costs:
Property Taxes
Mexico’s property taxes, known as Predial, are relatively low compared to the U.S. or Canada. These taxes are based on the property’s appraised value and are due annually.
Closing Costs
Closing costs, which typically range from 5-7% of the purchase price, include notary fees, registration fees, and the costs of the Fideicomiso.
It’s important to work with a local real estate agent and legal advisor to understand all the fees involved.
6. Financing Options for Foreign Buyers
While many foreign buyers opt to purchase properties in Mexico with cash, financing options are available. Some Mexican banks and international lenders offer mortgages to foreign buyers, though interest rates may vary. Additionally, some developers offer financing plans directly to buyers.
It’s essential to explore your financing options early in the process and consult a financial advisor to find the solution that best suits your needs.
7. Tips for Buying Property as a Foreigner in Mexico
Do Your Research
Take time to familiarize yourself with the area you’re considering, and work with trusted professionals who understand Mexico’s real estate laws.
Verify Property Titles
Before making any commitments, ensure the property has a clear title, and there are no outstanding debts or liens.
Understand the Fideicomiso
Make sure you understand the terms and conditions of the Fideicomiso, and consult legal experts if needed.
Use Trusted Professionals
Partner with qualified real estate agents, notaries, and legal advisors to ensure a smooth and transparent transaction.
Conclusion: Making the Dream of Buying Property in Mexico a Reality
Buying property as a foreigner in Mexico can be an exciting and rewarding experience. By understanding the legal framework, working with local professionals, and familiarizing yourself with the market, you can confidently invest in a piece of paradise. Whether it’s a beachfront villa or a charming condo, Mexico’s real estate market has much to offer.
Experience a smooth and stress-free home buying experience with us at Cabo4Sale Real Estate. You can reach us by calling any of the following numbers:
Local Mexico number: 624.172.0069/70
Toll-free from US and Canada: 1.888.738.8882
Cell: 808-280-2118
You can also send an email here to learn more about your San José del Cabo real estate options.
Yes, both local and international banks offer financing options for property purchases in Cabo. However, interest rates and terms differ significantly, so it’s beneficial to shop around and consult with financial advisors.
Mexican banks, as well as some American and Canadian banks with branches in Mexico, provide mortgage products geared towards foreign buyers. Additionally, some developments offer internal financing where properties can be bought directly from developers with flexible payment plans.
Currently, the Cabo real estate market is experiencing strong demand, with prices steadily increasing due to the influx of international buyers. Properties near the beach are the most sought after.
In the second quarter of 2024, Cabo witnessed its third-highest dollar volume quarter, highlighting market vigor. Despite a slight decrease in the number of units sold, the market saw a 10% increase in dollar volume, demonstrating a robust appetite for high-value properties.
Luxury properties, especially those priced above $1 million USD, contributed significantly to overall sales. Sales in the $2 million to $5 million range represented 34.5% of the market’s dollar volume, confirming that Cabo continues to appeal to affluent buyers seeking premium investments.
Notably, the average house price jumped by 33.9%, while the median price increased by 81.7% from Q1 2024. As high-dollar volume sales dominate, investors consider these properties long-term assets. Explore current listings in Cabo.