| Own A Slice of Luxury in Cabo San Lucas and | | | | traveling through downtown congestion - then |
| Make Money Too | | | | better head out of Dodge (Cabo) to find your |
| - A No BS article by David Mandich - Baja | | | | nirvana. |
| California Real Estate and Consulting Advisor | | | | In Cabo San Lucas, one can party nearly |
| There are luxury condos on Medano beach | | | | twenty-four hours a day at the clubs, on the |
| located on Cabo's bay, up on the hillsides in the | | | | beaches, around the pools and on the yachts. |
| luxurious Pedregal housing development and over | | | | Buying a place in Cabo is for the truly young at |
| on the Pacific side of the Land's End mountains. | | | | heart, or those who have business interests |
| They're all beautiful, affordable (compared to | | | | there. |
| California beach communities) and many come | | | | Cabo San Lucas Versus San Jose del Cabo |
| with fantastic views of the Pacific, or Cabo | | | | Cabo San Lucas is actually a part of the |
| downtown, its bay and the Sea of Cortez. | | | | municipality of Los Cabos which includes San Jose |
| The greatest percentage of luxury homes and | | | | del Cabo, located eighteen miles to the east, and |
| condos in Cabo are used as vacation rentals, | | | | in some ways, a hundred years in the past. |
| investments and tax write-offs. So many, in fact, | | | | For all the millions of dollars in tourist hotel |
| that the local hotel association has taken umbrage | | | | development in Cabo San Lucas and the Tourist |
| and declared war on the owners who are using | | | | Corridor in between the two towns, San Jose del |
| their homes as short-term villa rentals and | | | | Cabo still evokes the roots and spirit of Mexico as |
| competing with their hotel room rentals, | | | | opposed to Cabo San Lucas, with its faster |
| time-share sales, fractional ownerships and resort | | | | paced, more commercial and touristy atmosphere. |
| condo sales. These owners receive $300 to | | | | Those wanting to really LIVE in Mexico, i.e., avoid |
| $3,000 USD per night for their rentals - the same | | | | the Cabo tourist crowds, etc., may want to |
| as the hotels charge. Given a choice, would you | | | | consider buying in San Jose del Cabo eighteen |
| rather rent a luxury ocean or Cabo bay view | | | | miles to the East and eighteen miles closer to the |
| home that sleeps eight for $400 a night or a hotel | | | | airport. Or, as I'll discuss below, in the 18 mile |
| room that sleeps two for the same money? | | | | corridor between the two towns. |
| Touche'! | | | | Some view Cabo as more like Vegas and San |
| If you want to own a five thousand square foot | | | | Jose more like Santa Barbara California but with |
| villa overlooking the crashing Pacific and be able to | | | | warmer waters, colder margaritas and fewer |
| rent it out for $3,000 per night to wedding | | | | tourists. It has soul. It was a colonial town over |
| parties, etc. - then be sure to pay your fair share | | | | two hundred years old when Cabo was just a |
| of the local hotel tax. That's basically what the | | | | few ranch houses, a dirt airstrip and a tuna |
| hotels are howling about. If you want neighbors, a | | | | packing plant a few decades ago. |
| sense of community, if you want to avoid | | | | |