Find Your Dream Property in Baja Sur

Discover exclusive listings and expert insights to make your home-buying journey seamless.

Download Your Free Buyer’s Guide
Form Image

Thinking of Buying?

Complete the form below to gain exclusive access to our detailed Buyers Guide.

Thank You!

Now you can enjoy exclusive access to our detailed Buyers Guide for free.

link
main

Helpful Information

  • There are now over 30 direct flight options to Cabo from the US and Canada, and more to come. Airlines have recently added the first direct flights from Europe to Los Cabos.
  • Autumn is the best time to visit Cabo, and it is quickly approaching.  Better book your trip…
  • The Ministry of Telecommunications recently made changes to outbound dialing: You only have to dial 10 digits and the prefix (+52 for Los Cabos). You no longer need the prefixes 01-044 or 01-045. If you are calling from the US or Canada, you don’t need to enter the 1 to call. For example, to call our office, you will dial: +52 (624) 172 0048
main

Buying and Owning Real Estate In Cabo

  • Property title is held in a Fideicomiso – a Mexican Bank Trust, which is equivalent to a state trust in the US.  Depending on the bank holding your Fideicomiso, there is a variable yearly fee that ranges from $500 – $1,000. 
  • Closing costs are approximately 4.5% – 8% of the purchase price, depending on the value of the home. This includes a 3% acquisition fee for taxes.
  • The average property tax is approximately 0.1% of the assessed value of the property at the time of sale.  This means that for a $500k property, you will pay ~ $500 per year in property taxes.
  • Property tax is due every January, and the government offers substantial discounts if it is paid in advance. For instance, you will receive a 25% discount by paying your taxes in December before it is due, and a 20% discount if you pay in January.  If you are a senior citizen (over 60) and a permanent resident, you qualify for an Inapam card. This is a senior discount card, and with that in hand,  you pay only 50% of the predial tax bill.
  • Land sales have increased significantly in 2019, the implementation of an urban growth and infrastructure plan that began 10 years ago, in conjunction with increased demand for oceanfront property.
  • US Dollar Financing of Real Estate purchases is now available after a 10-year hiatus in Los Cabos
main

Health In Cabo

  • One of the benefits of becoming a permanent resident in Mexico is that you become eligible for health insurance, which typically costs a fraction of what you will pay in the US.
  • Medical tourism is becoming a much more popular draw for Americans because of affordable high quality care from experienced medical professionals in a variety of medical fields.
  • Most doctors speak both Spanish and English
  • You can save 40 – 65% on medical procedures when compared with the cost in the US.  Some examples:
Procedure Cost In the US  Cost In Mexico
Hip Replacement $40k $13k
Lasik Surgery $4k $1.9k
Aorta Bypass $170k $28.2k
Gastric Bypass $25k $11.5k
Knee Replacement $35k $12k

Statistical Source: The Mazatlan Post

How do Property Taxes Work in Los Cabos Mexico?

In Los Cabos, Mexico, property taxes—known as Impuesto Predial—are notably lower than in many other countries, making property ownership particularly attractive. Here’s a comprehensive overview to help you understand how they work:

main

How Property Taxes Are Calculated

Tax Base (Valor Catastral): This is the assessed value of your property, typically determined at the time of purchase. Unlike in some countries where property values are reassessed annually, in Los Cabos, significant reassessments usually occur only upon sale. Between sales, adjustments may be made periodically based on inflation or other indices.

Tax Rate (Tasa): The standard property tax rate is approximately 0.1% of the assessed value. For instance, a property valued at $500,000 USD would incur an annual tax of about $500 USD .

Payment Deadlines & Early Payment Discounts

  • Official Deadline: Property taxes are due annually, with the official deadline being March 31st. 
  • Early Payment Discounts: The municipality offers incentives for early payment:
  • January: 20% discount
  • February: 15% discount
  • March: 10% discount
  • April: 5% discount

Note that paying after April may result in penalties and interest.

main

How to Pay

Online: Payments can be made through the Los Cabos Municipal Treasury website.

You’ll need your Clave Catastral, a 12- or 17-character property tax ID found on your deed. 

In Person: Payments can also be made at local tax offices in San José del Cabo or Cabo San Lucas. Ensure you bring your Clave Catastral and request a stamped receipt for your records .

Special Discounts for Seniors

If you’re over 60 and hold a permanent resident status in Mexico, you may qualify for a 50% discount on your property tax through the INAPAM program. To benefit, you’ll need to present your INAPAM card when paying.

Important Reminders

(1) No Mailed Bills: The municipality does not send out property tax bills. It’s your responsibility to remember the due dates and make timely payments. (2) Verify Property Details: Always check that your property details are correctly listed in the tax records, especially if you’ve recently purchased the property. (3) Separate Tax IDs: If you own additional property features like storage units (bodegas), they may have separate Clave Catastral numbers and require individual tax payments. 

Currency Converter

Frequently Asked Questions

Los Cabos offers a range of desirable locations, depending on your lifestyle. Cabo San Lucas is known for its lively nightlife and beach scene, while San José del Cabo offers a more relaxed vibe with a historic downtown and upscale resorts. There are also prestigious gated golf communities with ocean views and premium amenities.

Foreign buyers can acquire property in Mexico using a fideicomiso (bank trust) or by establishing a Mexican corporation for commercial purposes. The typical steps include selecting a property, submitting an offer, arranging financing if needed, and finalizing the transaction through a notario, wich is an official mexican goverment appointed atourney who verify the property is free and clear of any liens or encumbrances.

Absolutely. Many owners list their homes on Airbnb orVRBO when not in use to pay operating cost and put money in their pocket while they build equity and use the property. With Los Cabos being a top travel destination, short-term rentals can be a lucrative option. Just be sure to review local laws and HOA rules.

Upscale developments often include amenities like private beaches, infinity pools, restaurants, golf courses, spas, gyms, tennis courses, pickleball courses, concierge services, and 24-hour security— designed for both comfort and exclusivity.

Yes, the market remains strong, with increasing interest from international buyers. High demand for luxury homes and rental properties continues to make Los Cabos an appealing and smart investment choice, especially with Los Cabos expanding infrastructure and adding so many luxury amenities and activities.

Let’s Match Your Vision with The Perfect Property

Our success is built on a carefully curated team of real estate advisors committed to honesty, integrity, and exceptional client service. Comprised of both local Mexicans and expatriates who have made the move to Los Cabos, our team brings years of real estate expertise to guide you through every step of the journey.

Contact Us

Follow Me on Instagram

Contact Details

Oceanside Real Estate Group

Phone

+1 (805) 618-2012

Phone

+1 (805) 618-1922

Email

[email protected]

Address

Plaza Pioneros Av. del Pescador 2501-Local H-5, El Medano Ejidal, El Medano, 23453 Cabo San Lucas, B.C.S., Mexico Paseo del Pescador #2501 Plaza Pioneros, Local H-5, El Medano, 23453 Cabo San Lucas, B.C.S., Mexico

Submit a Message

Message sent successfully!