4 Reasons Why…Cabo Real Estate Might Be The Best Investment Of Your Life.
Yes, there are many ways to make smart money with a strong ROI, but there are only a couple investments that come with a cheeky / fun lifestyle. Cabo San Lucas real estate is booming right now with billions of dollars of affordable ocean view condos to multi-million dollar villas right on the beach, which come with many financial added value incentives.
Here Are 4 Reasons Why Cabo Real Estate Might Just Be Your Best Investment Ever.
1. LOW PROPERTY TAXES
I have already written a blog on this topic in length where you can read the article in full (CLICK HERE), but I will get right to the point. Cabo Property Taxes are a tenth of what USA citizens pay in the states.
A CONDO VALUED AT $300,000
USA Avg Taxes: $2000 – $3,000 usd per year.
CABO Avg Taxes: $300 usd per year.
A BEACHFRONT VILLA VALUED AT $5,000,000
USA Avg Taxes: $37,000 – $43,000 usd per year.
CABO Avg Taxes: $5,000 usd per year.
YOU KNOW THIS ALREADY…. If You want a smart investment?… Buy a home(s) in a location where taxes are low.
2. MARKET GROWTH
For the past 25 years the average home, in the USA, has increased in value 3.9% per year. But what you would be interested to know is that in Los Cabos, because of the billions of dollars that have already been invested by developments and resorts like DISCOVERY and the FOUR SEASONS, CABO IS BOOMING. Cabo is projected to see market growth between 8% – 15% per year. And if you are willing to put in the work you can do what Bill & Sheila did… Two Baby-Boomers, from Canada, bought a lot on a mountain in Cabo with an ocean view and then built their castle. CLICK HERE for the full story of Bill and Sheila’s and their full move to Cabo.
The point is…. If Cabo is your new home you can make a lot of money at any budget. If Cabo is your best investment option you can make a lot of money at any budget. From homes $200,000 to $34,000,000 you can make a great ROI.
3. BUY TO LIVE… BUY TO RENT ON AIRBNB
Bill and Sheila not only made their home into their permanent residence, but also made their upstairs into a full Airbnb. CLICK HERE to see the home on airbnb and rent it if so desire :). With 3.2 million vacations every year you can now use your investment home as a vacation rental if you so desire. Homes that are well managed by you or a property manager have an average of 22 days booked per month.
A Condo or home that is $300,000 in value has an average nightly rate of $160 per night. Average total profit per month is about $3,520. A Condo or home that is $2,000,000 in value has an average nightly rate of $1000 – $1,400 per night. Average total profit per month is about $25,000.
Everyone’s life and lifestyle is unique, which means the price or value of living, full time or part time, in Cabo can be discovered after living here and experiencing all the added value incentives.
1. Your value on no traffic. $__________
2. Your value on being able to adventure anytime $_________
3. Your value on living the Jimmy Buffett Lifestyle $________
4. Your value on living on the ocean and a mountainous desert $_______
5. Your value on living in a location where there is tons of art, culture, local eateries, celebrity restaurants, fishing, golfing, relaxing, with also amazing top hospitals and other support systems…. $_______
As you can see… The numbers don’t lie.
If your desired lifestyle investment is for a $300,000 Cabo home you can be saving / profiting tens of thousands a year compared to the USA.If your desired lifestyle investment is for a $2,000,000 Cabo home you can be saving / valuing over a hundred thousand a year compared to the USA. If you just want to live a cheeky fun lifestyle then Los Cabos is the spot to “hang your hat”…. or sombrero :).
If you would like to learn more about how a Los Cabos Investment can serve you please let us know.