Who wouldn’t want to own a home in Los Cabos? But we all have different intentions behind what we are looking for when buying a home. Of course, we all want a good ROI on our real estate investment, but that can come in two different ways depending on what our clients are looking for. During this Cabo Real Estate Boom, we are seeing two trends of why people buy what they do.
TWO TYPES OF CABO REAL ESTATE BUYERS IN 2021.
1. BUY CABO REAL ESTATE TO RENT
With Cabo being the safest destination in the world to travel to… (FORBES MAGAZINE ARTICLE CLICK HERE to read more) …. Cabo vacationing is bouncing back after the pandemic very nicely. With the vaccination now being distributed we will all soon be back to “normal” with over 4 million vacations soaking up the sun in Cabo. These vacationers all need a place to stay so why not turn your Cabo Home into a money maker. The following is a general plum-line on what you can get as a nightly rate for your home. Keep in mind when Cabo is booming and you have about 6 months of solid reviews on say Airbnb, VRBO, and Brokers you can be full about 20 nights a month.
Home Value $400,000 = Nightly Rental Rate $150
Home Value $1,000,000 = Nightly Rental Rate $500
Home Value $3,000,000 = Nightly Rental Rate $2,000
The big picture is this… Your Cabo Real Estate Investment Can be a money maker on not only the yearly value of your home, but also as a rental machine. And of course you can use the home when you are not renting it out and enjoy the FunLuxury cheeky lifestyle Cabo offers.
2. BUY CABO REAL ESTATE TO LIVE
The New Normal!!!… WORK FROM HOME… ANYWHERE.
You want to increase your lifestyle and mental health…? Then buy in Los Cabos. Yes, Cabo is booming and there are reasons why. Yes, the ROI in Cabo is strong. We are seeing returns of 8% to 100% depending on the location and when clients bought their land or home, but that is not the only reason. For many people, the main reason to live in Cabo is because of the lifestyle. No traffic, amazing adventures, relaxation, the people, the culture, the land, the art, the dollar to peso evaluation…. it all adds up to a pretty amazing cheeky life.
So now you know…
The Cabo investment is strong and the lifestyle is out of this world.
So what’s stopping you?