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  Ask the Cabo Guy !


For full information email ask@caboguy.com
 

Investment in Cabo San Lucas primarily involves purchasing real estate property… a second or retirement home, a condominium, raw land or a timeshare to get started. I will work with you to decide what suits you best and how to start the process of owning property here. It is a fairly simple process as long as you follow the rules and deal with people you can trust. I will introduce you to who has helped many in the past and will be here to help many in the future. I have outlined some of the FAQ’s below which will help your decision.

Cabo’s real estate market is among the fastest-growing in the World featuring everything from high-end estate homes to villas to condominiums all at prices to fit any lifestyle. Qualified investors can receive financing from international lenders such as Scotiabank, Laredo National Bank, ConfiCasa, and Baja Capital Mortgage.

Imagine your new life as you start your day with major considerations such as...hmmm...which golf course to challenge, which beach to visit, which restaurant tonight...decisions, decisions, decisions!!

Caboguy.com has established executive relationships with numerous properties and investment projects in Los Cabos to connect you with whatever type of opportunity interests you.

Anything from raw dirt upon which you can build your custom-designed dream home; a timeshare to get you started; a get-away vacation condo; a beautiful beachfront or mountainside home with breath-taking vistas and if you like, a business enterprise to keep you occupied.

The Town Center is a multi-use development of 30 hectares located at the outskirts of Cabo San Lucas. Designed similar to the River Walk in San Antonio, the Town Center consists of commercial, residential and business districts with a focus on cultural and civic considerations.

The Satellite City of 300 hectares is located near the international airport in San Jose del Cabo and consists of residential, commercial and service sectors with schools, police, hospitals, and shopping areas for up to 20,000 people.

Properties to fit every lifestyle and budget are available and of course, there are some fantastic deals down here! Taking the time to think what you really want, then talking with Caboguy.com will allow you to focus on the perfect selection.

I am here to help you every step of the way...let’s work together to be neighbours!

 


 

There are many questions to consider when acquiring property or a home in a foreign country; here are some of the main ones to consider:

1. Can foreigners buy property in Mexico? Yes, owning property in Mexico is quite safe because of government established laws which protect the rights of both the buyer and seller.  The Foreign Investment Law was passed in 1993 allowing foreigners to acquire coastal real estate through a bank trust called a “Fideicomiso”.

2. How does this Fideicomiso work? Title of the property is transferred to a trust with a Mexican bank acting as the trust agent on behalf of the buyer. The Mexican Foreign Ministry formalizes a permit for the Trust Agreement wherein the buyer is designated as the Beneficiary of the Trust in the public record by a Notary Public. The 50 year term can be re-newed and is not to be confused with a lease agreement.

3. What are the buyer’s rights?  The buyer has all the rights as the trustee of the Fideicomiso thus can develop, build, live-in, rent or hold for investment purposes. If one decides to sell the property, this is done by assigning the Fideicomiso to the new buyer.

4. What about Title and insurance?  It is recommended that the Title be insured and that insurance is put on the property. Your realtor will ensure that these steps are taken during the purchase process.

5.  What about capital gains when I decide to sell?  Mexican law requires that capital gains be paid when you sell your home or property thus it is very important to register the value of your property at the full purchase cost. Your realtor will ensure that your Title is registered according to all laws and regulations.

6. Now what?  Once you have acquired your home or villa or just plain dirt, now you can look forward to many years of enjoying “Sunsets Every Day” in Cabo!


If you desire information regarding timeshares or fractional property ownership , ask@caboguy.com can connect you with our representative who will discuss the benefits of these options.

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