Buying Property in Cabo San Lucas: The Complete 2026 Guide

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.

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

1. Choose your property — Work with a licensed agent to find the right fit
2. Sign a purchase agreement — Both parties agree on price and terms
3. Apply for the fideicomiso — Your agent handles the bank trust application
4. Foreign Affairs permit — The bank obtains a permit from Mexico’s Ministry of Foreign Affairs
5. 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: 111 listings from $137K to $13.0M (median $1.2M). Browse houses →

Condos: 400 listings from $300K to $9.9M (median $499K). Browse condos →

Land: 122 listings from $63K to $35.2M (median $468K). Browse land →

Commercial: 61 listings from $78K to $6.0M (median $143K). 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 694 active MLS listings in Cabo San Lucas →
• Phone: +52 1 612 288 9722
• WhatsApp: +52 1 624 622 3489

Guide updated March 2026 with live MLS data.

More About Cabo San Lucas Real Estate

• Cabo San Lucas Market Report
• Cabo San Lucas Price Guide
• Luxury Properties in Cabo San Lucas
• Retiring in Cabo San Lucas
• Understanding the Fideicomiso: How Foreigners Buy in Mexico
• Where to Buy in Baja California Sur — Location Comparison