Why you should buy during Pre-construction in Los Cabos within a New Development

Buying a pre-construction home in a new development of Los Cabo is the best option for those looking to invest and gain the most profit!

The most common way to invest in property is through buying an already constructed home. But if the buyer is not sure about the location, there are chances that they might end up with a home that they don't need or want. This can be avoided by buying pre-construction homes in new Los Cabos development which are at their early stages of construction.

Buying pre-construction in Los Cabos help buyers avoid these pitfalls and ensures that they buy into what they want and need. It also gives them more time to consider their options without any pressure of time constraints.

A new development brings with it economic stability for the next few years. It is an excellent time to buy pre-construction, as builders offer better financing terms and more affordable prices due to low inventory.

Buying pre-construction brings many advantages. Foremost, you can customize your dream home to your liking without any compromises.

Acquiring a new home is one of the biggest and most important decisions in our lives. It is about living in harmony with our loved ones in our Los Cabos home. The same happens if we decide to make a profit out of our investment property. It might be a difficult process for a lot of people to imagine ourselves in a house or condominium that has not yet been constructed. It does raise more questions than usual which is completely normal.

There are many amazing benefits of buying a property in pre-construction, especially in a market that is in very high demand and is quickly expanding like the real estate market in Cabo San Lucas! Do some research on the developer beforehand and, don’t hesitate to CONTACT US with this journey to better understand the logistics on delivery and construction.

PRICE – One of the greatest benefits of buying a house or condo in pre-construction in Los Cabos is that you can obtain a better price than if you were buying something that is already built. The lowest prices are usually offered before construction even starts! Also, the developer is more open to accepting conditions from their first clients. For example, if there is a certain finish that you prefer, the developer might be able to change it before construction.

CAPITAL GAINS – The first owner always makes the most return as an investment. As construction keeps moving forward and more properties are being built, the value automatically increases here in Los Cabos due to the high demand. More about this subject is available on our FAQ's.

PAYMENT PLANS –  when buying a property in pre-construction the developer usually extends your payment while your new home is being built. Some developers may offer payment methods, cash payment or direct financing. If you decide to pay cash, you will not have to pay the total amount at signing. The developer dilutes it by giving you the opportunity of doing a down payment and the remaining balance is paid during construction until the property is delivered.

It is also a good idea to inquire about financing with the developer as most require payment during pre-construction while the remaining balance could be financed for up to 10 years.

More and more people are aware of these huge benefits, and why investors and families, either nationals or foreigners, decide to invest in this beautiful paradise. The investment is safe and the happiness once using their new home brings a lot of positive emotions for the families...

Pre-construction in Los Cabos

The market for luxury homes and condos throughout Los Cabos is strong and surging with attractive real estate opportunities!

Contact "Cabo Properties" today if you have any questions:

michael@caboproperties.com 

Cabo Properties

Did we mention the region’s remarkable real estate track record in terms of return on investment? Well, we will be happy to tell you all about it. Call us today at (949) 230-3456 for more details about Cabo San Lucas luxury real estate or contact us today.

Four Seasons Resort & Residences Taking Shape at Cabo del Sol

For Immediate Press Release:

Luxury Seaside Development Commands a Premier Location

Cabo Del Sol, a landmark resort and residential community made famous by its Jack Nicklaus-designed Ocean Course that opened in 1994, has entered a new chapter in its evolution.

For more than a generation, Cabo Del Sol has been credited with elevating Los Cabos from a ‘sleepy little fishing village’ to a premier lifestyle destination. The new Four Seasons expansion within the 1,800-acre master-planned community signals a well-timed entry into the ultra-luxury market on a site often described as “the first, the best and the last location in Cabo.”

Four Seasons Hotels and Resorts, one of the world's leading luxury hospitality brands, has planted its flag on a lovely stretch of coastline fronting the Sea of Cortés. Cabo Del Sol occupies a prime location roughly in the center of the “Tourist Corridor” that connects the cities of Cabo San Lucas, a deep-sea fishing and nightlife capital; and San José del Cabo, a charming colonial town.

Built on 50 beachfront acres in groups of two-story casitas and villas, Four Seasons Resort and Residences, Cabo San Lucas at Cabo Del Sol sits within the Cove Club, a new private golf and beach club and resort community. Cove Club membership includes an exclusive beach club with beach dining, four pools, world-class golf, a mountain adventure park, an organic farm and a racquet sports park.

Scheduled to open in mid-2023, the Four Seasons Resort will feature 74 guest rooms and casitas, 17 suites and five villas. An estimated $1.5 million is being spent to build and furnish each guest room. In addition to family and adult pools, multiple dining options, a signature Four Seasons spa, a cutting edge fitness facility and a Kid’s Club, an open-air mercado (market) will showcase the finest local vendors and serve as the central gathering place for the community. Guests and residents will have access to all ocean and mountain Baja experiences.

In addition, 61 Four Seasons Private Residences, clustered in a seaside village, will offer ocean views from spacious, covered terraces overlooking the Sea of Cortes. The limited collection of villas and residences includes two- to five-bedroom layouts up to 5,600 square feet, all with private pools. Prices start at $4.8 million. Owners may enter their residences into the Four Seasons Private Retreats rental program, and they can purchase a Cove Club membership.

The Cove Club course, formerly known as the Ocean Course, is now private for members and their guests. Jack Nicklaus, the original designer of the Ocean Course, has overseen the current changes to the routing. Under his watchful eye, Phase I of the course enhancements has included the creation of several new holes, upgraded playing surfaces and refurbished bunkers.

The scintillating layout, described by Nicklaus as occupying “the best piece of golf property I’ve ever seen,” stretches for more than a mile across a stunning desert landscape backdropped by tall rugged mountains. Often described as the ‘Pebble Beach of the Baja,’ the Cove Club course touches a coastline marked by granite outcrops and golden beaches washed by the Sea of Cortes. This exceptional venue, one of the top-rated courses on Nicklaus’ extensive resume, has been a fixture on most “Top 100 in the World” lists since its debut.

Course highlights include the sixth, the first of four superlative par 3’s at the Cove Club. This splendid hole plays from a granite shelf to a peninsular green collared by a surging tidal pool. A gaping bunker to the left of the green prevents hooked tee shots from tumbling into the sea. A rock-encased bunker at the back right section of the putting surface serves the same purpose. The prevailing breeze, usually in a player’s face, can complicate club selection.

The 18th hole (formerly the 16th) is a rousing downhill par 4 aimed to the sea that plunges 100 feet down the side of a mountain. “We moved theCourse highlights include the sixth, the first of four superlative par 3’s at the Cove Club. This splendid hole plays from a granite shelf to a peninsular green collared by a surging tidal pool. A gaping bunker to the left of the green prevents hooked tee shots from tumbling into the sea. A rock-encased bunker at the back right section of the putting surface serves the same purpose. The prevailing breeze, usually in a player’s face, can complicate club selection.

The 18th hole (formerly the 16th) is a rousing downhill par 4 aimed to the sea that plunges 100 feet down the side of a mountain. “We moved the green a little closer to the ocean and dropped it down to create a spectacular finishing hole,” Nicklaus said. The infinity-edge green, flanked by bunkers, clings to a cliff and appears to float on the ocean.

Players can walk down a set of stone steps after putting out on No. 18 to a Chiringuita, technically a “beach shack” but actually one of the largest and best-appointed beach clubs in Los Cabos. Golfers can kick off their shoes, get their toes in the sand and enjoy post-round fare and refreshments a few yards from the sea.

According to Peter Carlton, president of Oakmont Corporation, owner of Cabo Del Sol, “The vision is about much more than just checking all the boxes by adding endless amenities with ocean views and putting in a hotel with branded residences. We are combining an exclusive golf experience and a beach club community along with a world-class resort in a way that just has not been done before in a single location like this. And we’re bringing it to our members and guests with the same style of hospitality that originally brought people to Cabo in the first place.”

The market for luxury homes and condos throughout Los Cabos is strong and surging with attractive real estate opportunities!

Contact "Cabo Properties" today if you have any questions:

michael@caboproperties.com 

Cabo Properties

Did we mention the region’s remarkable real estate track record in terms of return on investment? Well, we’d be happy to tell you all about it. Call us today at (949) 230-3456 for more details about Cabo luxury real estate or contact us today.

Windermere Los Cabos Continues to Grow!

Windermere Los Cabos and Cabo Properties joins forces and aligns to better serve the luxury home market throughout Los Cabos!

Established in 2012, Cabo Properties delivers experience with marketing resources whereas Windermere's technology platform, search features and reach of buyers across the United States proves this to be the perfect real estate partnership.

For a great many years, Los Cabos has also been home to Windermere and this is why Cabo Properties has an exclusive agreement with their real estate division.

The market for luxury homes and condos throughout Los Cabos is strong and surging with attractive real estate opportunities!

Contact "Cabo Properties" today if you have any questions:

michael@caboproperties.com 

Cabo Properties

Did we mention the region’s remarkable real estate track record in terms of return on investment? Well, we’d be happy to tell you all about it. Call us today at (949) 230-3456 for more details about Cabo luxury real estate or contact us today.

I wanted to share this message as I receive calls and emails regarding making the drive down the Baja towards Cabo San Lucas or back up towards the United States from Los Cabos. Be sure to print this before you depart your destination.

Approximate distance from the border (Tijuana) to Los Cabos:

  • 1,000 miles / 1609.34 kilometers

My Baja driving experience:

  • Tijuana to Los Cabos = 3 times
  • Los Cabos to Tijuana = 2 times

    (Click Image for Google Map)

    Driving the Baja

 

Here are some important things to know and consider:

SAFE:

First the Baja is VERY safe and the drive is amazing, however there are some things you should know! Cross the border EARLY in the am like before 6:00 or if it is raining as in general Mexicans don’t like early morning shifts or standing in the rain. Do NOT have any items in the original factory box as NEW items can be taxed 10% coming into MX, so take any new items out of the box so it looks used.  When you stop and get asked, the answer is always “We are on vacation and heading to Cabo San Lucas” If you are staying past 180 days, stop at the border and get a temporary VISA (it is free and just needs to be completed and documented). If you are staying in Cabo San Lucas a couple of months, you need the temporary VISA.  Purchase MX vehicle insurance as this is MANDATORY. If you buy in MX at the border it is more expensive, so I would contact your current insurance provider and tell them you need MX vehicle insurance for the length of your stay.  MX insurance is fairly inexpensive – I pay $300 a year for full coverage MX insurance (theft coverage is optional, but don’t bother as the claim process is painful and most petty theft will not be covered while traveling the Baja).

DRIVING:

Take the toll road as soon as you exit Tijuana to bypass all the traffic! You will need small pesos – total cost will be about $100 pesos, but there are two toll roads that you have to stop and pay. The first 400 miles across the Baja is boring and not much to see unless you venture off, so I would try and make it to the half way point on the first day which is Guerrero Negro. This is ALSO where the gray whales lay their calves in the lagoons during the month of February.  Ask when you arrive if the whales are visible in the lagoon.

ALWAYS fill up with gas if you are at ½ tank as there is a stretch of the Baja without gas stations for 175 miles and you don’t want to run out of gas.  NEVER drive at night because there are NO LIGHTS along the streets and cows / animals roam at night plus many MX’s drive without their lights on because they think it saves energy – whatever…  The Baja roads are nice, but VERY narrow so be cautious when passing!  BIG Semi’s will turn their LEFT BLINKER on – this doesn’t mean they are necessarily turning LEFT, it means the road is safe in front and they are giving you permission to PASS, but be careful as most of the roads have NO shoulder to pull over on. It is OK to venture off on the Sea of Cortez side which is the last 400 miles before arriving to Cabo, but the rule of thumb is to stay on the main road unless you know where you are going.  Purchase the MOON BOOK online I suggested you purchase as this will have accurate information about what to see and where to go. Remember this is MX so just be aware of your surroundings!

Driving the Baja

You will come to 6 or 7 military stops along the Baja. These stops seem VERY intimidating because of full military gear and machine guns, however they are NOT there to regulate the tourists coming or leaving Cabo San Lucas, they are there for OUR safety… They will ask where you are going and may look inside the vehicle, but these stops have NEVER been anything less than procedure! Just say hi, smile and say you are on vacation heading to Los Cabos.  There is one area near Guerrero Negro where you will be stopped and have to pay $20 pesos (less than a dollar) and they will have you drive over the device that sprays underneath your vehicle. I think this is for agricultural contaminates but not 100% sure.  Just pay and drive forward while the machine sprays under the car…

BANKS / CREDIT CARDS / PESOS:

I suggest you install a FREE money converter APP onto your smart phone!  Set up the settings so you can convert dollars to pesos and pesos to dollars. There are plenty of FREE apps so just download one. The exchange rate converting US to PESOS is STRONG right now. $100 usd right now equals $2,000 pesos!!! So $500 usd will get you $10,000 pesos! When I first moved to Cabo San Lucas four years ago, $500 usd got me $7,000 pesos…

NEVER pull money out of CASHOLA machines!!! ONLY pull pesos from LARGE BANKS using their ATM’s such as Bancomer, Banorte and Scotia. When pulling money from ATM’s there is an option about DONACION – do NOT say YES unless you want to DONATE to MX. The first year in Cabo San Lucas I donated $5 usd each time I went to the ATM as I thought DONACION was part of the ATM process – DON’T be a MIKE 🙂 I would convert as much  money as you need to make the trip and only withdrawal pesos when crossing the border and remember at the bank ATM as the bank will provide the best exchange rate with little chance of fraud. AVOID those exchange cashiers as they will charge an extra processing fee that I still haven’t figured out – my loss your gain…

If you plan on using your credit card, call the card issuer before you leave the USA or Canada and inform them you are traveling to MX for “X” amount of months. The card issuer will update the system so the card works – this is a good thing!  Most of the newer hotels and restaurants accept USD and credit cards, but always ask before using your credit card. IMPORTANT NOTE:  ALWAYS choose pesos while in Mexico when using a credit card because of the exchange rate!

CELLPHONE:

If on Verizon, YES add Travel Pass onto your phone as it is a free upgrade and allows your phone to work in MX and includes FREE text messages and phone calls to the USA. Make sure you have at least 2 gigs per month if you are going to use data while in MX OR shut data off and ask for the WIFI username and password when at hotel or restaurant to access their WIFI when available. Sharing their WIFI is always customary in Los Cabos! Travel Pass will cost you $2 USD per day and ONLY if you use it within 24 hour period…

Driving the Baja

FOOD, LOCATIONS and BEACHES:

OMG the food is amazing! There are so many restaurant locations that I would recommend, but just explore and enjoy! Most places along the Baja only accept pesos and many places don’t look like restaurants – they are actually homes along the main street. You go inside and the whole family is cooking and serving you. NO menus, NO choices just whatever the family is making – these were the BEST stops as the food was amazing and we would eat until we were full and the whole thing cost like $10 usd or around $200 pesos! I have NEVER gotten sick from food in Baja – 100% organic and fresh.  Disregard the flies – just extra protein…

Visit the museums and churches, appreciate the history and obtain an education! The MOON BOOK is accurate as what museums are worth the visit and which hotels you should stay at. I wouldn’t stay at a hotel that cost less than $50 USD.  A nicer hotel with WIFI, clean rooms and running water will cost $75 – $100 USD – will NOT be 5 star, but occasionally you will find a 4 star . EVERYWHERE along the Sea of Cortez must be explored! As I stated not too much to see along the Pacific Ocean that is why I would get to Guerrero Negro on your first day and take 2 – 5 days visiting spots along the Sea of Cortez – AMAZING food, lovable people and the beaches have white sands, crystal clear water and beautiful scenery. There are plenty of spots to drive out on the beach and secure a palapa. You will find many American’s and Canadians camping on Mulege Beaches so spend time here as you won’t be disappointed!  Here is more information about Mulege Beaches

Must stay in Laredo and have dinner there! Laredo is a small fishing town that is growing. There is a resort and a top golf course located about 15 miles from Laredo that is attracting a lot of tourists to purchase homes. $350K USD will get you an ocean front beach house and there is an airport in Laredo with direct flights out of San Diego. The chocolate covered clams in Laredo are the best in the world – basically cooked clams smothered in cheese, AMAZING!!!

Be sure to use your GPS in La Paz as I always get lost there. You will discover the street signs are only suggestions and it is easy to get lost – just go SOUTH and be sure the ocean is on the correct side.  So many places to see in La Paz and the beaches in La Paz – Balandra are a MUST see! More information about Balandra Beaches

I know there is more, but this is a start to prepare for your road trip! Have questions about your Baja Road Trip? Please contact me here:  Contact Me

Until we meet along the beaches of Los Cabos!