Your Complete Guide to Buying Property in Cabo San Lucas
Whether you’re looking for a vacation home, retirement property, or investment opportunity, Cabo San Lucas in Baja California Sur is one of Mexico’s most sought-after real estate markets. This guide covers everything you need to know — from the legal process to what properties are available right now.
Current Market Snapshot: 664 active MLS listings in Cabo San Lucas, from $63K to $35.2M (full inventory). Houses median $725K (up to $11.3M); condos median $337K (up to $9.9M). Overall median $349K including land lots.
Can Foreigners Buy Property in Cabo San Lucas?
Yes, absolutely. Mexico welcomes foreign property buyers. For properties within 50 kilometers of the coastline (which includes all of Cabo San Lucas), foreign buyers use a fideicomiso — a bank trust that gives you full ownership rights, including the right to sell, rent, renovate, and pass the property to heirs.
How the Fideicomiso Works
- Choose your property — Work with a licensed agent to find the right fit
- Sign a purchase agreement — Both parties agree on price and terms
- Apply for the fideicomiso — Your agent handles the bank trust application
- Foreign Affairs permit — The bank obtains a permit from Mexico’s Ministry of Foreign Affairs
- Close at a notary — A Mexican notary public oversees the title transfer
The entire process typically takes 4–8 weeks. Baja Sur Realtors guides you through every step.
Closing Costs in Cabo San Lucas
Expect closing costs of approximately 4–6% of the purchase price. This includes:
- Acquisition tax (ISABI): ~2% of assessed value
- Notary fees: ~1–1.5%
- Fideicomiso setup: ~$1,500–$2,500 USD (one-time)
- Annual trust fee: ~$500–$600 USD/year
- Appraisal and certificates: ~$500–$1,000 USD
What Can You Buy in Cabo San Lucas Today?
Houses: 120 listings from $149K to $11.3M (median $725K). Browse houses →
Condos: 296 listings from $94K to $9.9M (median $337K). Browse condos →
Land: 126 listings from $63K to $35.2M (median $517K). Browse land →
Commercial: 91 listings from $92K to $7.0M (median $176K). Browse commercial →
Best Neighborhoods in Cabo San Lucas
Popular areas include Pedregal, El Médano, Cerro Colorado, and Marina. Pedregal offers luxury hilltop homes with ocean views, while El Médano is perfect for those who want to be near the beach and nightlife.
Why Buy in Cabo San Lucas?
- Year-round sunshine — 350+ days of sun per year
- Growing market — Consistent property appreciation in Baja California Sur
- Rental income — Strong vacation rental demand from tourists
- Lifestyle — World-class beaches, golf, fishing, and dining
- Proximity to the US — 2-hour flight from Los Angeles, Dallas, and other major cities
Ready to Start Your Property Search?
With years of proven experience in the BCS luxury market, Baja Sur Realtors is the trusted partner for international buyers navigating Cabo San Lucas real estate. From your first property tour to closing day, our expert team handles everything.
- Search 664 active MLS listings in Cabo San Lucas →
- Phone: +52 56 5186 6747
- WhatsApp: +52 56 5186 6747
Guide updated August 2026 with live MLS data.