Call Us
Search
Cabo Questions & Answers

Cabo Questions & Answers

Cabo is a vacation and home ownership destination for many Americans, Canadians and foreigners from a far away as Europe and Asia.ย  Cabo is one of the most popular destinations in Mexico.ย ย 

In this blog, we address many of the questions that inquiring people want to know about Cabo.

How much does a house in Cabo cost?

House prices vary based on size of the property and house, location, proximity to the ocean and amenities in the community.ย  In our market report from April 21, 2025ย for Q1 2025, the average house selling price was $2,248,102 USD and the median house selling price was $855,000 USD.ย  The most expensive house sold in the quarter was $28m USD.ย  The luxury segment in Cabo has seen substantial growth with sales in the $2m to $5m USD range of $166m USD and 48 properties.ย  For more details about the real estate market check out our quarterly market report.

What is the average price of a condo in Cabo San Lucas?

Condo prices vary based on size of the unit, location, proximity to the ocean and amenities in the complex.ย  In our market report from April 21, 2025ย for Q1 2025, the average condo selling price was $741,539 USD and the median condo selling price was $467,275 USD.ย  The most expensive condo sold in the quarter was $5.4m USD.ย  For more details about the real estate market check out our quarterly market report.

Can Americans buy property in Cabo?

Yes!ย  All foreigners can buy property in Cabo through a Fideicomiso.ย  Read more about the buying process through our online tutorial.

Is Los Cabos a good place to invest in real estate?

Real Estate in Los Cabos has appreciated in the order of 10% per year since 2021.ย  Demand remains particularly strong in the luxury segment.ย ย For more information about the real estate market check outย our quarterly market report.

Why is Cabo so expensive?

Cabo often comes with a high price tag due to several key factors: strong demand, its reputation as a luxury destination, and its remote geographical location.ย ย High Demand: As a top vacation spot for North American travelers, Cabo sees significant tourist trafficโ€”especially during peak seasons. This high demand naturally leads to elevated prices.ย  ย Luxury Destination:ย  Cabo is known for its premium offerings, including upscale resorts, gourmet dining, and exclusive experiences. The abundance of high-end options raises the cost for visitors.ย ย Geographical Location: Situated at the southern tip of the Baja California Peninsula, Cabo is almost like an island and relies heavily on imported goods and supplies. This logistical challenge contributes to higher operating costs, which are often passed on to consumers.

What is the best area to live in Cabo?

There are a number of great areas to live in Los Cabos.ย  Which area is better will depend on what someone will look for in an area including price point and amenities.ย  Often luxury communities like Pedregal, the Hollywood Hills of Cabo or Palmilla, the Beverly Hills of Cabo and El Dorado are mentioned as the best areas.ย  Newer luxury communities like Querencia, The Cove Club, Chileno Bay, Maravilla, Diamante and Quivira are also great places to live.ย  More budget conscious buyers will find numerous enclaves in the El Tezal area of the Cabo Corridor as great options.ย ย 

What is the richest part of Cabo?

The Luxury Club Communities predominantly along the ocean side of the corridor tend to attract the wealthiest people due to their amazing properties, incredible amenities, exclusivity, privacy and security.ย 

Is Cabo safe with cartel?

Los Cabos (which includes Cabo San Lucas and San Josรฉ del Cabo) is generally considered a safe destination for tourists, especially when compared to some other parts of Mexico.ย  While Los Cabos is not entirely free from cartel activity, and there have been recent spikes in violence, it remains a popular and generally safe destination for tourists. The violence is usually targeted at rival groups, and authorities are actively working to protect visitors. By exercising caution and common sense, tourists can enjoy a safe trip to Los Cabos.

Is Cabo the most expensive part of Mexico?

Some of the consistently most expensive places in Mexico are:

  • Los Cabos (Baja California Sur): This area, particularly Cabo San Lucas and San Jose del Cabo, is often cited as the most expensive, especially for housing and hotel rates, due to its status as a luxury tourist destination popular with international buyers.
    ย 
  • Mexico City: As the capital and largest city, it naturally has high costs, especially in upscale neighborhoods like Polanco, Lomas de Chapultepec, and Bosques de las Lomas, where real estate prices per square meter are among the highest in Latin America.
  • Monterrey (Nuevo Leรณn): Known as a major business hub, Monterrey (especially the Del Valle neighborhood) also ranks very high for housing and overall cost of living.

  • Puerto Vallarta (Jalisco): This popular coastal tourist destination is frequently listed among the most expensive cities for rent and overall living, especially for expats and tourists.

  • Cancun (Quintana Roo): Another major tourist destination, Cancun, also has a high cost of living, particularly in its resort areas.

Where do celebrities live in Cabo?

Many celebrities from acting, sports, music and business fame own homes in Los Cabos.ย  There is no map to the stars or tours of celebrity neighborhoods like there is in greater Hollywood.ย  Paparazzi is almost non-existent here.ย  Celebrities value their privacy and security and are able to find peace and tranquility on one of the Luxury Communities here.

Why do rich people go to Cabo?

Wealthy people come to Cabo for the same reason most tourists do for the weather, sunshine, ocean views, friendly people and short flights from major centers in the United States.ย  Wealthy people often find resorts to stay at and communities to own a home at that provide exclusivity, security and privacy allowing them to get away from prying eyes and truly relax.

What is the cheapest month to go to Cabo San Lucas?

September is the slowest month for tourism in Los Cabos making it also the cheapest for accommodations.ย  September follows the end of the summer high season and precedes winter high season.ย  September is also at the heart of the hot and rainy season and most major hurricanes hit in September. Many businesses will close in September for renovations or to let staff have annual leave.ย  While not ideal, September is the cheapest month to come to Cabo.