Cabo San Lucas Real Estate Information

The lure of a relaxed lifestyle in warm, friendly and picturesque surroundings has many people returning to Los Cabos, often with the thought of purchasing property. Be it an ocean view home, condominium or a remote and rustic rancho, all are available here, some at very reasonable prices. Los Cabos is booming with hotel and residential construction. Choice oceanfront property, while available, is not as affordable or as easy to come by as it once was. Condominium resorts are more prolific but in reality the total number of condos is in the very low thousands. Choosing the area and type of dwelling best suited to you will depend on your lifestyle and the money you have to invest. Check with your realtor for a list of properties offering financing, many developers will carry your note for five years or longer at around 10% interest with 30% down; or inquire about the availability of American mortgage money. "For sale" signs are everywhere and first time lookers will have no difficulty locating the many developments throughout the region. Several local publications are dedicated solely to real estate and many brokers are well versed regarding frequently asked questions about transfer of ownership procedures and tax obligations. Most real estate brokers in Los Cabos are members of the Association of Mexican Real Estate Professionals (AMPI), affiliated with similar associations in Canada, the U.S.A. and the International Real Estate Association. Los Cabos also has a strong Multi List Association with around thirty members, all committed to ensuring fair and consistent operating policies. The MultiList Los Cabos Association can also be found on the Internet at www.loscabosMLS.com, affording prospective buyers a searchable database of properties and links to member's websites. Dealing with an AMPI affiliate or a Multi-List Los Cabos member is definitely in your best interest.