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CABO SAN LUCAS AND LOS CABOS REAL ESTATE GUIDE
| Real Estate - Cabo San Lucas - Los Cabos .... No Longer a Sleepy Fishing Village By Randy Turner - Article from Los Cabos Magazine - Issue #8 |
| Over the past 20 years Los Cabos has gone from a sleepy fishing village to a world-renowned tourist destination. It started growing to accommodate the increasing number of anglers seeking unbelievable fishing, however, getting here was one of the biggest challenges. Things changed with the completion of the International Airport in San José del Cabo. The area exploded in both visitors as well as general population. When one thinks of Los Cabos, visions of palm trees elegantly swaying in the breeze, miles of pristine beaches and the unmatched natural beauty of the desert and mountains flash through the mind. Then thoughts turn to the fantastic fishing, world-class golf, perfect weather, outrageous nightlife, and myriad other outdoor adventures. Many just love the Mexican culture and the laidback lifestyle. The increase in tourism is not the only boom—the biggest growth has been the vacation and second home market. Although there are many types of properties in varying ranges of price, the standard has been set by a number of prestigious and luxurious developments. These communities are located on the famous Corridor—that stretch of highway that lies between San José del Cabo and Cabo San Lucas—with the exception of one that is majestically perched on the mountains overlooking the Pacific Ocean and the Sea of Cortez in Cabo San Lucas. PEDREGAL The Diaz Rivera family started developing Pedregal in 1974. This 360-acre community is one of the most prestigious developments in Los Cabos. Viewed as a community that has set the standard for nearly thirty years, Pedregal is often referred to as the Beverly Hills of Cabo. What differentiates Pedregal is its setting. Cobblestone roads meander over and around the mountain and with oceans on both sides, homeowners are blessed with incomparable views. Dotting the rocky outcroppings are a multitude of multi-million dollar homes all with stunning views. For the most part, these are majestic hillside lots consisting of homes of unique designs. Of course there are lower priced properties—half million-dollar homes are showcases of styling and architecture. Great lots are still available and there are a number of fantastic homes for sale on the resale market. Prices range from the upper $300,000 range to over ten million dollars making this a consideration for discriminating investors. The lofty heights of Pedregal are perfect for viewing the site of whales breaching and spouting as they swim past. Towering mountains and slopping hillsides tower above Cabo San Lucas Bay and offer spectacular views of the ocean and town of Cabo San Lucas. New developments are now offering home sites and homes for those looking to experience these magnificent views from their own place in the sun. VILLA LA ESTANCIA Beachfront property in Cabo San Lucas is nearly non-existent due to the density of hotels and resorts. One exception is the newly opened Villa La Estancia, located next to Villa del Palmar. This full ownership opportunity with the option of investing in as little as a three-month period, is rather unique. Not to be confused with a time-share, this is co-ownership with title. Villa La Estancia is the only property for sale with title on Cabo San Lucas’ most popular beach, El Médano. Estancia is an exclusive community consisting of 158 villas that re-define the word luxury. The villas offer striking vistas of the Sea of Cortez and Land’s End. Elegantly designed villas are available in either two or three bedrooms with concierge and maid service to take everyday drudgery away. Pools with waterfalls are the centerpiece of activity including a bar and restaurant to satisfy your desires. A long line of services and amenities include a business center, gym facilities, tennis courts, and medical services. An added bonus is that owners have full use of all the facilities at Villa del Palmar as well. This in-cludes a full service spa, terrific restau- rants, a children’s activity center, more pools and tennis courts, and a new shopping center. Villa La Estancia offers an opportunity to own a piece of paradise that, until now, has only been available to rent. Prices start around $350,000. Fractional ownership with title is be-coming a viable alternative to that of timeshare or full ownership. It allows you to enjoy the best of both worlds with all the convenience of a full-service resort with the added benefit of equity and permanence of ownership. LA SIERRA AT CABO La Sierra at Cabo, situated on the highway just outside Cabo San Lucas across from Villa Serena, offers 160 home sites on the sloping hills overlooking Land’s End and the Sea of Cortez. La Sierra at Cabo was three years in the planning and will be a Palm Springs-style community on the lines of Cabo del Sol and Cabo Real. Along with 160 home sites, they are planning a 10-acre commercial area with quality stores and services for residents. Home sites start at $69,500 and range in size from 800 to 1,000 square meters and all are guaranteed a spectacular view. Once a home site purchase is made, owners have the option to go through recommended builders or may acquire the services of any qualified builder to make that dream home a reality. Developed by Bill Ruth from the U.S.A. with over 43 years of experience, La Sierra at Cabo will be a great addition to Cabo San Lucas’ many fine developments. VILLAS DEL TEZAL Nestled next to the Country Club, another new development has sprung up and offers yet another beautiful community of stylish homes and inspiring views. Villas del Tezal will consist of 175 Santa Fe-style two and three bedroom homes built in nine phases. Phase I will offer townhouses and freestanding homes with its own pool, Jacuzzi and BBQ centrally located for everyone’s enjoyment. These homes will be in a very attractive price range of $90,000 to $135,000 making this a very affordable alternative to condo living. The two-bedroom homes will cover 1,076 square feet and the three-bedroom will cover 1,830 square feet with different floor plans and square footage options between the two. The other interesting point about this development is that the homes are sold without appliances or air conditioning. They will have packages available to furnish the homes and the price will be added to the base price. Financing is available through the developer with a reasonable deposit and low monthly payments. Developed by Grupo Favier from Guadalajara, Villas del Tezal is a real winner. RANCHO PARAISO Rancho Paraiso is perched on the mountainside right outside of Cabo San Lucas on Highway 1 and offers unbelievable views of Cabo, the Sea of Cortez and Land’s End. The most awesome views are available from the Heights. Twelve exclusive lots sit atop a mountain giving an eagle’s eye view of the ocean, expansive mountains and the valleys surrounding Cabo San Lucas. Considering the majestic views are an opportunity seldom seen, these magnificent lots can run up to $750,000. More moderately priced lots are laid out below the Heights on stunning sloping hillsides. There are a total of 91 lots at Rancho Paraiso starting at $69,000. These are large lots with great views from a somewhat lower elevation. An elegant entry and paved roads highlight this gated and guarded community. There are also spec homes for sale if buying a lot and building is not your cup of tea. Marco Ehrenberg, the developer, with many years experience in the area, will recommend builders to bring your dream home into fruition. PUNTA BALLENA Just a little farther up the highway from Cabo San Lucas is the exciting and trend-setting Punta Ballena located next to Santa Carmela. Their goal is to set a new standard in the area for luxury and style. The view from this prestigious gated community stretches from the lighthouse to Land’s End. From fountains and exquisite rockwork to the impressive sales and administration office, Punta Bellena has abundantly more than most housing developments. There are three different sections within one large community where you have the option to purchase undeveloped home sites, full ownership villas, or fractional ownership villas. Las Residencias includes fifty-four large home sites that average one-third of an acre. Building your dream home in this exclusive setting can become a reality with sites starting at $250,000. For those not interested in purchasing land solely, luxurious Mediterranean-style homes are available in four different plans ranging in size from 1,800 square feet to 3,000 square feet. Las Villas will overlook two private beaches and private pools with prices starting at $950,000. Esperanza, the final offering at Punta Bellena is an Auberge Resort and Spa. This fifty-seven room resort designed by Backen & Gillam con- tains eighty fractional ownership villas. With five-star dining and a village-style main house, this re-sort has charm, sophistication and a perfect atmosphere. Each community of Punta Bellena offers different yet extensive amenities far beyond one’s imagination. CABO DEL SOL Cabo del Sol (Cape of the Sun) is where the sea meets the best in golf. Here the rich traditions of México are captured in a remarkable 1,800-acre master-planned golf resort community. With over two miles of magnificent oceanfront, Cabo del Sol was built around superior golf and offers home ownership at the highest level of luxury. Golf Magazine ranks the Jack Nicklaus Signature Ocean Course among the “Top 100 Courses in the World” and you only need to play it to discover why. The second championship course is the Tom Weiskopf Signature Desert Course that offers stunning ocean views from nearly every hole. Upon completion, Cabo del Sol will be the home of four championship courses, enough to gratify any golfer. Homesites at Cabo del Sol encompass all conceptions of paradise. Options range from spectacular oceanfront home sites to serene living along desert arroyos and verdant fairways. Hacienda-style architecture and classic colonial accents have inspired the uniqueness of every neighborhood. Custom home sites range in size from 12,000 square feet to 25,000 square feet with prices ranging from $135,000 to nearly one million. This gated comm- unity provides the utmost in security and privacy. For those searching for the ultimate in seaside living, with world-class golf (memberships available) and pristine natural desert beauty, Cabo del Sol fits the bill. Cabo del Sol has more than gorgeous home sites. The distinguished Puerta del Sol, offers luxury living without having to build. Located on approximately ten acres adjacent to the Sheraton Hacienda del Mar, Puerta del Sol offers high-end condominiums and villas. The condominiums provide un-paralleled comfort and style. These two-bedroom spacious condos range in size from 2,335 square feet to 4,165 square feet with prices starting at $609,000. If larger accommodations are what you desire, the magnificent Villas at Puerta del Sol, set on the seventh fairway with the beach just beyond, offer sizeable accommodations. These three-bedroom villas range in size from 5,200 square feet to 5,350 square feet with prices starting at $1,899,000. The amenities and services are everything one would expect from a first-class community. Unequaled luxury, the goal at Cabo del Sol, has certainly been achieved… and surpassed. CABO REAL Cabo Real is a 2,800-acre resort that spans miles of secluded beaches, unspoiled desert and tropical settings. A golfer’s dream, Cabo Real has two challenging courses to fill perfect Los Cabos days. The Robert Trent Jones II classically designed, championship golf course with three oceanfront holes, is a magnificent course; and the newly finished Jack Nicklaus designed Eldorado golf course combines desert and oceanfront holes to make this a great addition. Real Estate opportunities abound in this classic golf resort development with available options including condominiums, home sites or custom homes. Casa del Mar Condominiums are nestled around the Casa del Mar Hotel and with 173 luxurious one, two and three-bedroom floor plans, there is something suitable for everyone. Overlooking the Sea of Cortez, these low-rise condominiums all have terraces facing awesome ocean views. Amenities in-clude four lighted tennis courts, a paddle-tennis court and six swimming pools, two with swim up bars. Phase one was completed in 1992 and has been sold out for quite some time but there are several units available on the resale market. Prices range from $190,000 to $475,000. Phase Two consists of 83 condominiums with prices ranging from $184,000 to $322,000. Villas Paraiso, a beautifully designed Mexican/Mediterranean-style development situated on 18 acres of beachfront, offers 125 luxuriously appointed condominium residences with spectacular views of the ocean and golf course. The two and three-bedroom units range in price from $450,000 to 975,000. Next, located on the eleventh fairway, Gardenias Condominiums offer inspiring and expansive views of the fairway and the Sea of Cortez. Available are one, two and three-bedroom units with prices ranging from $236,000 to $875,000. A unique swimming pool and tennis court make this a perfect place for either a vacation home or a full-time residence. Bugambillas home sites, another Cabo Real offering, are totally surrounded by lush fairways with views of the Sea of Cortez. However, strict guidelines are in place to ensure the preservation of the natural beauty of the area. Sixty-six available lots range in price from $100,000 to $330,000. And finally, nestled alongside the tenth fairway with a dramatic mountain backdrop, the latest addition to Cabo Real is under construction. Las Palmas will include eighteen single-family homes, each spread over 28,000 square feet. This luxurious residential project embraces an outstanding view of the sea and the resplendent slopes of Chileno Head. Each of the developments in the Cabo Real community offer world-class options for the most discerning tastes. PALMILLA To round out the opulent developments of Los Cabos, Palmilla must not be overlooked. Featuring México’s first Jack Nicklaus Signature Golf Course, Palmilla is one of the world’s most ex-quisite golf resort communities. A collection of fairway and oceanfront, custom home lots have been designed for the ultimate lifestyle of casual elegance. Large spacious lots with knock-down gorgeous views range from $120,000 to $500,000. For those hoping to avoid the task of building will find that homes have become available on the resale market. Like other prestigious communities, the homes in this area can be priced in the millions but once you see these beautiful properties and the unparalleled surroundings, you will undoubtedly be captivated. Los Cabos has become a haven for the affluent individual searching for a small slice of heaven. Like nowhere else, the distinctive, superior level of developments more than meet this challenge. Real estate brokers in the Los Cabos area enjoy a high degree of customer confidence since the majority of brokers and agents belong to the Association of Mexican Real Estate Professionals (AMPI); and are also affiliated with associations in Canada, the United States and the Inter-national Real Estate Association. Los Cabos also has it own Mul-tiple Listing Service (MLS) and is dedicated to ensuring ethical and professional business practices by member brokers and agents. Last year, México joined an international real estate consortium with AMPI. The Los Cabos MLS has a web site, www.loscabosmls.com, that affords prospective buyers the means to search current listings to enable them to more efficiently find that special home or property. A buyer’s interest is best served if they deal with members of these organizations. Note: Title insurance and title searches are now readily available in México making investing in Los Cabos as safe and secure as in the U.S. or Canada. |
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Copyright © 2008 - Joseph A. Tyson - Tyson Promotions Inc - All Rights Reserved
Los Cabos Magazine - Los Cabos Visitor's Guide - Promociones Tyson, S. A. de C. V.