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Monday, January 21, 2008
On the edge of The Baja: El Encanto
Here in Los Cabos, on the way out to the East Cape from Puerto Los Cabos... the paved road ends in La Laguna. With Cabo real estate, this is a prime location. The movement in fine developments is rapidly filling up in the Tourist Corridor, and now this is where it is headed.
More information on El Encanto de La Laguna is readily available. Fine Estate Homes and Villa Condominiums are here for you.
Wednesday, January 9, 2008
Cabo Real Estate Building Costs on the Rise
- Concrete went up 10% on December 17, 2007
- Steel went up 20% on December 17, 2007
- Steel slated to go up an additional 10% in January 2008
Real estate in Cabo is still strong. Even though there are markets in the United States that have slumped, the demographics of buyers here do not seem to be affected. Most of them are not yet utilizing the available mortgage financing to purchase their Cabo real estate.
One way to offset the cost of construction is to consider what you want to do with the property once it is built.
- Sell as spec home?
- Use it as your personal Cabo real estate retreat.
- Rent it as a vacation rental.
- Rent it as a long term rental.
Live in Los Cabos: January 2008 Newsletter
I know we are almost two weeks into the New Year, but I still want to wish you a happy new year!
As we look back on the year, I hope it brings a smile to your face. Did you know that 2007 was actually the fifth highest year for home sales in history? Take a closer look at the numbers and you will discover that the state of the real estate market may not be everything the media leads you to believe. Sometimes we all need a little historical perspective to see the big picture clearly.
Being here in Cabo, we are seeing some changes. One rising trend of vacation home sales is nearly one-third of vacation homes are being purchased with the intent of becoming a full-time residence after retirement. I can’t tell you how many folks I’ve spoken with that are considering moving here to Los Cabos after they retire.
With mortgages now available in Mexico, buying a vacation home is a great option to consider. If you know of anyone thinking of buying a vacation home, let them know about me here in Los Cabos, Mexico. It is a great place to visit, and call home.
Wishing you the best New Year!
Cabo Listing Update
- Unbelievable La Jolla Beachfront Condo.
- Awesome Ocean View Condo in Mar y Sol.
- Perfect buildable lot on Gringo Hill with great ocean Views.
In the News
Cell Phone Crackdown:
It is about time, but look out. When you visit Los Cabos keep in mind that the police are citing drivers for talking on their cell phones without a hands-free device.
Kayak Fishing for Marlin:
John from San Diego has caught some big striped marlin from a kayak. Watch the YouTube.com video.
Cabo Real Estate - Find your real estate professional in Los Cabos, Mexico.
As the new year begins, we are seeing the Cabo real estate market heat up. The most active segments of the market are in the ultra luxury developments. The mid-range condo market is still strong. Beachfront and ocean view real estate is always in high demand.
Ultra Luxury Developments
- El Dorado Golf & Beach Club
- Palmilla
- Esperanza
- La Jolla Condominiums
- Alegranza
- Mision La Serena
Contact us today to get started finding your cabo real estate dream home.