REAL ESTATE

YOUR PERFECT PIECE OF PARADISE AWAITS IN LOS CABOS. By Raul LopezHome Welcome

The Los Cabos real estate market is

as hot as its beaches, but a piece of paradise is always a solid investment. The interest rate changes for primary homes greatly affect markets in the United States and Canada, but the Los Cabos market is driven by the area’s unique lifestyle.

INVESTING IN LOS CABOS

Buyers are in the market for a second home as a vacation spot or an investment property, especially since the COVID-19 pandemic brought about a permanent shift to remote work. This has only added to the appeal of Los Cabos, where the

Redefine Luxury

Sun Cabo Vacations has helped make vacation dreams come true for over 20 years, and the warm waters of Los Cabos, the striking white-sand beaches, the heart-pounding adventures, and the pampered elegance all contribute to making this the place where memories are made. Licensed travel agents and vacation rental specialists work directly with property owners to provide you with the most memorable vacation experience possible, including beachfront, golf course, and ocean-view villas and condos.

From private beach clubs and private chefs to in-villa spa services, butlers, and other private luxuries, Sun Cabo Vacations provides the largest collection of luxury villas and condo rentals in all of Los Cabos. Enjoy a vacation of one-of-a-kind experiences and a relaxing stay in one of their charming rental homes.

From surfing to deep-sea fishing to visiting local landmarks like Land’s End, Sun Cabo Vacations gives you a front-row seat to the sophistication, natural charm, and enchantment of the Baja California peninsula.

weather is pure sunshine 350 days a year and you have easy access from the major American and Canadian cities.

While the vacationing population grows worldwide, the supply of properties in prime beach destinations like Los Cabos is struggling to keep up with demand. Whether you are looking to relocate to Los Cabos or are in the market for a vacation rental

property, the longer you wait, the more you will pay.

In the last few years, many have downsized in their home markets and are

Los Cabos. Their average length of stay has increased, making what were formerly secondary homes their primary addresses.

These buyers have historically entered into long-term rental arrangements in Los Cabos. However, after seeing the region’s beauty, many former vacationers decide to relocate and buy a primary or secondary home that they can use part-time and rent out the rest of the year through property managers like Pisces Luxury Collection. Since the pandemic, telecommuting opportunities have grown, making Los Cabos an attractive market for businesses

in the United States, Canada, Mexico, and elsewhere.

COVETED LIFESTYLE

In response to the growing number of permanent residents, Los Cabos’ infrastructure has improved, from hospitals and roads to internet access, which makes it more inviting for people to settle in the area long term.

Los Cabos is growing at an annual rate of 18 percent — faster than any other Mexican city — due to the increasing number of people permanently moving to Los Cabos. Many are foreigners from the United States and Canada; others are from Europe and Mexico’s interior. These newcomers are

accustomed to top-rate services, and Los Cabos has invested heavily in services as a successful strategy, drastically improving restaurants, hospitals, schools, roads, and digital infrastructure. MANY FORMER VACATIONERS DECIDE TO RELOCATE AND BUY A PRIMARY OR SECONDARY HOME THAT THEY CAN USE PART-TIME AND RENT OUT THE REST OF THE YEAR.

Purposeful Travel in Baja

Los Cabos is a world-famous vacation destination packed with amenities. But it’s also a relaxing haven for those who want to get away from it all and rejuvenate body, mind, and spirit.

That’s the experience you’ll find at Prana del Mar, a 16-room, offthe-grid, eco-friendly luxury center that has been hosting weekly yoga and mindfulness retreats since 2009. Prana del Mar offers more than a vacation, says founder Erik Singer. It’s a retreat with a purpose for those who want to go beyond a mere getaway.

Practicing yoga, meditation, and mindfulness, he says, opens up the possibility of unraveling the layers of your everyday personality. Prana del Mar, located on the Pacific coastline, tends to draw “people with a more spiritual bent,” says Singer, “people that are perhaps less interested in some of the glitz and glamor of Cabo itself, that want something a little simpler, a little more tranquil, a little more peaceful.”

Don’t imagine a monastic ambience at Prana del Mar. You also can enjoy shopping in Todos Santos, whale watching, and kayaking on the Sea of Cortés, or sign up for excursions that will allow you to discover the spectacular beauty of Baja, with its amazing climate, breathtaking vistas, and beautiful beaches.

“While there may be several retreat centers in the area, there probably aren’t that many that have travertine tile floors, teak wood, furnishings brought from Indonesia, and granite countertops,” says Singer. “These features, plus the warm and welcoming service, set Prana del Mar apart from other places.”

If Prana del Mar is the investment opportunity you’ve been searching for, contact Los Cabos Sotheby’s International Realty for more information. » STATS Los Cabos is growing at an annual rate of 18 percent — faster than any other Mexican city — due to the increasing number of people permanently moving to Los Cabos.

FUN FACT

If you find yourself drawn to the laid-back lifestyle of the region, Los Cabos real estate is a sound investment; but if you want a test run, consider Sun Cabo Vacations luxury villas and condo rentals. Wake up to the rolling waves, white-sand beaches, championship golf courses, and charming attractions at one of their curated properties. Book one of their sophisticated and desirable rentals so you have more time to explore one of the world’s most scenic destinations. As a result of

development investments and pandemic inflation, real estate prices have skyrocketed. Property is selling at or above the asking price, and bidding wars have erupted over specific pieces of real estate. So, will the Los Cabos real estate

market settle down?

While property prices are unlikely to fall dramatically, buyer demand should ease slightly.

Consider two

categories: high-end luxury buyers and middle-income buyers. Luxury buyers tend to be unaffected by interest rates and usually pay in cash, whereas middle-income buyers think twice before purchasing real estate and tend to purchase when interest rates fall. The sub-$1 million mid-range market may slow a bit, but luxury purchasers show no signs of stopping.

What attracts buyers to Los Cabos is the Baja lifestyle, which is hard to put a price on. It all depends on what you want and enjoy. For those accustomed to docking their yachts and staffing their estates with chefs, housekeepers, and butlers, Los Cabos Sotheby’s International Realty has an inventory of luxurious multimillion-dollar homes.

Even with its fluctuations and regional sensitivity, real estate tends to be one of the safest investments, continually rising in value. Even though it suffers lows, when the peak comes, it surpasses the previous high peak and has an overall upward trajectory.

Investing in real estate is one way to protect your savings from the effects of inflation, and unlike timeshares or rentals, your property can work for you. You can spend a few weeks in paradise and rent it out for the rest of the year. Unlike liquid money, stocks, or cryptocurrency, it’s a more tangible option to build wealth, have something to pass down to future generations, or sell for a great return in the future.

Raul Lopez is a real estate professional at Los Cabos Sotheby's International Realty.