It was my third machete. My first was in Santiago where I watched a man use one to shave his...Read more
Location: Baja California Peninsula.
Language: Spanish. English is also widely spoken
Currency: Mexican pesos
Climate: Tropical desert climate.
Cabo San Lucas is rated as one of Mexico’s top travel destinations. Its main attractions are the beaches, scuba diving locations, and marine life––including rays, mahi-mahi, striped merlin, and sharks.
Plus, in the winter, whales are seen in the area. They travel to the warm waters of the Gulf of California to give birth to their calves and nurse them.
The Arco de Cabo San Lucas landmark is another popular place.
All the tourism influx in Cabo made this place a resort city. It’s very popular as a vacation and spa destination.
Cabo San Lucas, Mexico, is ideal for someone who enjoys the outdoors and an upbeat nightlife.
The average temperate year-round for Cabo San Lucas varies from 61°F to 91°F. Summer lasts from mid-June to late October. The average daily high temperature during this season is 89°F.
Winter is from early December to late March. The average low temperature during this season is 56°F.
The best time to visit Cabo, Mexico, is from May to June. The weather during this time is perfect to enjoy all water activities this city offers.
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As a popular tourist destination, the cost of living in Cabo is a bit higher than other regions of Mexico. Nevertheless, as an expat, the cost of living will still be considerably lower than back home––taking into consideration, of course, the lifestyle you choose.
If you buy imported foods and dine at fine international restaurants, you will undoubtably not find much of a difference. On the other hand, if you decide to consume local goods and enjoy the local cuisine, you’ll not only save a penny or two, but you’ll be gaining an authentic local experience.
As for health care, Cabo San Lucas has attracted several highly trained health care professionals. You will find multiple walk-in clinics and hospitals here.
The cost for health care is considerably lower than back in the United States. As a plus, most health care professionals you encounter will be bilingual.
Above all, Mexico remains a top destination among Canadians and Americans for both tourism and retirement. Thanks to restricted travel and an expanding middle class, Mexico is enjoying good growth in the local tourism market in 2021.
All that combines to make Mexico a top choice for a property rental investment.
Mexico offers financing options for non-residents, generally from U.S. lending institutions set up in Mexico specifically for that purpose. So, that is also a big reason why they’re part of the best places to buy real estate overseas.
As mentioned before, Cabo’s popularity makes it more expensive than other regions in Mexico. However, there are options. The location you look at will determine the price range.
The further the property is from the oceanfront and the town center, the more affordable it’ll be––but not necessarily less attractive.
As always, when considering a real estate purchase overseas, consult an experienced local realtor and lawyer.
This is my sixth year in Mexico, and I’ve never seen real estate action like I’m seeing now. And, the number of Live and Invest Overseas readers who’ve chosen to live or buy property in Mexico is unprecedented in my experience. I don’t know if it’s due to the pandemic, politics, or just an idea that’s catching on… but more people are taking action than ever before. With so many people buying in Mexico, it’s time to take an updated look...Read more