Thinking of moving to Cabo or buying a vacation home? The beaches, resorts, and very friendly community of Cabo attract many. Whether you dream of morning beach walks or a peaceful escape, owning property here is rewarding and for many a lifestyle choice.
Buying in Mexico may feel both exciting and overwhelming, but I’m here to help. I can walk you through the step-by-step process so you can feel confident and prepared to make Cabo your second home.
Let’s Start with Some Planning
Before jumping into house hunting, team up with a local real estate agent who really knows Cabo. The market here has so much to offer and is constantly changing: from beachfront villas and modern condos to charming homes in quiet communities, I can help you find the perfect place that fits your style and needs.
Here are a few things to keep in mind as we get started:
1. Location, Location, Location
Do you envision yourself waking up to ocean views or do you prefer the security of a gated community or both? Perhaps you love the action of downtown Cabo, being close to nightlife and restaurants or prefer the quietness of a residential area in San Jose Del Cabo, which is more laid-back. Knowing what you want as far as location is concerned really lets you narrow things down quickly.
2. Set your budget
Buying a home isn’t just about the price tag – there are additional costs like taxes, legal fees, and closing expenses to consider. And let’s not forget the everyday essentials: maintenance, HOA fees, and utilities.
I always recommend mapping out a budget early to avoid any unexpected surprises down the road. I’d love to walk you through exactly what those costs might look like, so you can plan with confidence.
3. What’s Your “Why”?
Are you looking for a vacation spot, an opportunity to earn rental income, or planning for a long-term investment? The reason you’re buying really makes a difference in what we look for.
If you want to rent it out, location and what renters love will matter most. But if it’s for you, we’ll focus on comfort and the lifestyle you want. Let’s figure out your “why” so we can find the perfect place!
Find a Real Estate Agent You Can Trust
Having someone in your corner, who knows the Cabo market makes everything easier. I can offer support to:
- Find homes that suit your taste and budget.
- Explain the local real estate regulations (they’re not as bad as they sound – I promise!).
- Negotiate for you and take care of all the paperwork.
Need help finding the perfect spot? I’m here to make the process easy!
View MLS Cabo Properties for sale
Ownership Options for Foreign Buyers
Good news — You can buy property in Mexico, even if you’re not a local. Two of the popular ways to do so include:
Fideicomiso (Bank Trust)
Purchasing near the coast (as in Cabo)? You will need to set up a fideicomiso. A fideicomiso is required for foreigners wanting to own property within 50 km of the coast in Mexico. This trust allows secure ownership while complying with Mexican law and is established through a Mexican bank. You can rent it, sell, or pass the property down. It lasts 50 years and can be renewed. Contrary to a common misconception, a fideicomiso is not a lease—it grants the foreign buyer full ownership rights, just through a trust structure.
Mexican Corporation
Want to own multiple properties and/or considering starting a business? Creating a corporation can have additional benefits when it comes to direct property ownership in Mexico. That is a good option if you’re looking at substantial investments.
Making an Offer
You don’t have to be in Mexico to start shopping for your dream home – the initial process can begin right from your home country and be done entirely remotely. I offer a free strategy call to better understand your real estate goals, help you navigate the process and set up a personalized property search.
Once you find the one, I’ll guide you in crafting an offer that’s fair and competitive.
Ready to explore your options? I’m here to walk you through it, one step at a time!
Why Due Diligence Matters in Home Buying Process in Cabo
This is where we ensure everything is rock solid before you buy. Here’s what due diligence can include:
Title Search
Due diligence should include further investigation to ensure the property is clear of any debts or ownership problems.
Home Inspection
Hiring a professional to conduct a close property inspection for your Cabo home is highly recommended to ensure everything is sound and functioning properly with the home or condo.
Legal Review
As part of the home buying process in Cabo, I can introduce you to reliable local attorneys to review that everything complies with Mexican property laws.
Closing the Deal
Now, for the final step—making it official! A notary will draft the deed and handle the paperwork to make sure all taxes and fees are paid and the property title is transferred in the public registry.
After the Purchase
Congrats – you’re officially a Cabo homeowner!
Your Cabo Adventure Awaits
Purchasing a home in Cabo is not just about the property; it is about starting a whole new adventure. Whether you are looking for a place to relax on vacation or for a smart investment, I am here to provide you with suitable options to make an informed decision.
Ready for the next step? Book your free consultation now—and together, we will find your dream home in Cabo.