The picturesque location is merely one of the great benefits of buying property in Los Cabos. The cost of living in Mexico is generally lower, real estate is more affordable, and you can easily turn your property into an income-generating business.
Purchasing property in Mexico costs less up front than owning a home in the United States, and the expenses of upkeep and utilities are also lower. Property taxes, in particular, are significantly lower for Los Cabos real estate than in many parts of the U.S.
If you don’t plan to live at your property year-round and plan to use it only as a vacation home, many developments afford the opportunity to rent out the home to other guests. This turns your Los Cabos real estate investment into an income generator, or at the very least, an expense that pays for itself.
When choosing Los Cabos real estate, look for places in popular development areas with access to the beach and plenty of activity and dining options. This will appeal to more travelers when renting out the property and will also increase the resale value for the future, giving you a higher return on investment.
Chileno Bay Resort & Residences offers luxurious residential villas with access to all the amenities of a five-star resort, including a spa, fitness center, fine dining, and a three-tiered pool. Residents also have easy access to the beautiful Chileno Bay, one of Los Cabos’ only swimmable areas, and exclusive use of the community’s Tom Fazio-designed golf course, as well as housekeeping and concierge services. Plus, all villas feature a lock-off option, allowing easy participation in the Auberge Resorts Collection rental program at the property’s hotel.