This is the last post in my Best Places to Live in Los Cabos series, which spotlights Cabo San Lucas and the area just outside of Cabo on the Pacific side. These areas offer Pacific Ocean views and sunsets, golf, dining and much more.
But before I head west to the Pacific, downtown Cabo does have some affordable living opportunities for both locals and expats. Some people think that Cabo is only bars and restaurants (and there are lots of them!), but there also are condo options if you want to walk to the beach, the Marina or downtown.
The Paraiso Residences is a relatively new development that is similar to what you see in a lot of U.S. cities. They are designed for those desiring an urban lifestyle adjacent to boutique shopping, gourmet dining, Medano Beach and the Cabo Marina. Resort style amenities include concierge, bell service, housekeeping and lobby staff. If you want to be in the heart of the action or able to head out on your boat without getting in a car, this may be a community for you. I don’t believe many (if any) people live in these Residences full time, but they are a great option for vacationing and/or owning as a vacation rental property. One-bedroom units start at around US$350,000.
There are other older condo communities in downtown Cabo like the very high-end Hacienda Beach Club and Medano, where condos can go for well over US$1 million, to places like Marina Sol or the Morgan Residences where you can find a condo starting as low as US$100,000. Your budget and your wish list can help you find the right option for you.
Set on the mountain overlooking Cabo is another residential community – primarily homes, not condos – called Pedregal. I have heard it referred to as the Beverly Hills of Cabo, but it really is more like the Hollywood Hills thanks to its mountain setting. There is a prestige about Pedregal, from its winding cobblestone streets, homes literally carved into the mountains and its many amenities, which include a desalination water plant, tennis and pickleball courts, spa and beach. Many people who live in Pedregal believe it is the only place to be.
Pedregal has changed over the years to include not only residents, but also many vacationers, as many owners rent out their homes during the high season. There are a couple of condo communities inside Pedregal where you can find a place for somewhere between US$200,000 and US$500,000. But if you are looking to find a spectacular home here, you could easily spend anywhere from US$1 million to over US$8 million.
As you head out of Cabo, there are other condo complexes and private homes, primarily in non-HOA communities. I had a client place an offer on a gorgeous property called Casa del Limon, a home with multiple casitas and a pool overlooking the Pacific. It was not in a gated community, but was very private and the price tag was just under US$500,000. But, you have to go looking for gems like this.
Less than 15-minutes outside of Cabo are three unique master planned communities: Quivira, Diamanet and Rancho San Lucas. They offer a variety of different living options from condos to smaller and larger private homes and each offer many amenities such as golf, dining, spas and more. These communities are primarily made up of expats from the U.S. and Canada. Some people live there seasonally and some are just vacationers visiting for a week or two at a time. You will find some full-time residents as well. If golf is your thing, these three each offer courses considered among the best in Cabo. Tiger Woods is the designer of two of the courses at Diamante and Greg Norman is behind the Rancho San Lucas development.
The options for living in Los Cabos are endless. While many of the areas I have described in this four-part series are higher-end, there are plenty of possibilities for people on a budget. You may have to look a little harder, but they do exist. And the good news is that new communities are popping up all of the time.
If you are interested in learning more about Los Cabos, please contact me.