Los Cabos Residential Market Activity Report 2024
Los Cabos and Baja California Sur are among Mexico's most sought-after tourist destinations and are home to several luxury resorts and residential communities.
Currently, Los Cabos and Baja California Sur are experiencing a crucial moment of growth. As states and tourist destinations, they represent a valuable opportunity to prioritize and achieve a balance that promotes long-term relationships between the real estate sector and the well-being of the community and its inhabitants. This has led to the emergence of new business opportunities that are both profitable and responsible.
During 2021 and 2022, unprecedented absorptions of residential properties were observed, leading to a significant decrease in residential inventory in Los Cabos. There has been continuous strong demand, and along with other factors like inflation and high interest rates, prices surged by 38.8% during the first half of 2023 compared to the same period in 2022.
