What is Cabo
Viejo?
Cabo Viejo is an exclusive gated community affording you with the breathtaking
views, first class amenities and beautiful integrated landscaping all just steps
from the heart of old town Cabo San Lucas.
Can foreigners own Real Estate in Mexico?
Yes. When non-mexican citizens purchase property in Mexico, they become the deeded
beneficiary of a trust (fideicomiso), issued by a Mexican bank, that is duly recorded
in the Public Registry. This document has greater weight in Mexico than an ordinary
title because it is not subject to embargo or confiscation. The property can be
inherited or sold for full market value at any time.
Why is investing in Cabo San Lucas a good idea?
- Guaranteed Sunshine an average 350 days per year.
- World class golf: 7 Championship GOlf Courses and one municipal course in the local
region. There are 6 more golf courses planned to be built within the next few years.
- Sport fishing capital of the world
- Easy accessibility: 175 million Americans are located within a 3 & 1/2 plane
flight.
What sets Cabo Viejo apart from the rest?
The fact that it is the only gated development available in downtown Cabo San Lucas
offering full-ownership condominium properties which include an array of services
and activities equal to those of a high-end beach resort.
What is the length of this Trust?
The initial trust is granted for a period of 50 years and is renewable in perpetuity.
As an owner of a villa in Cabo Viejo, you become deeded beneficiary of the trust
and your ownership interest is fully transferable.
How can I be assured of dealing with a qualified Real Estate professional in
Mexico?
One of the major differences in buying property in Mexico is the fact that not all
Real Estate agents are subject to the same laws and certifications you might find
in other countries. This is an issue that has become important to the Mexican Government
and things are changing for the better to ensure the highest level of ethics. To
make sure that you transaction goes smoothly, employ a Real Estate company with
a proven track record of selling and buying in Mexico.
Who is the Developer?
Pablo Diaz Rivera, Jr., third generation member of the Diaz Rivera family, with
the backing and support of his father Pablo Diaz Rivera Sr. The Diaz Rivera family
are responsible for the development if the Pedregal de Cabo San Lucas the most renowned
gated community in Land's End.
Why should I buy now?
Los Cabos is one of Mexico's and the Worlds fastest-growing vacation resorts. To
ensure that it remains the charming and unique gateway that it is today, the Mexican
government has placed a moratorium on Los Cabos to limit future growth and protect
the quality of life and the environment. In a few years the demand for Los Cabos
vacation properties will be far greater than the supply. That almost always means
an increase in prices for existing property owners. There is also a limited supply
of premium property that is being purchased as you read this. They will not make
any more land in the magnificent Cabo San Lucas location. The time to buy is now
before this premium location is gone.
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