Dreaming of a second home in the luxurious resort community of Los Cabos, Mexico? You are not alone. The posh Baja California destination is currently in high demand for both holiday properties and second homes. Engel & Völkers has eleven strategically located shops throughout the area. “The real estate market has witnessed enormous growth in a very short time. Demand is so high that prices have reached up to $38 million US Dollars (USD),” said Vanessa Fukunaga, Licence Partner of Engel & Völkers Los Cabos.
Los Cabos is a popular destination for both international and domestic travelers, due in large part to the beaches, culinary scene, entertainment district, and highly accessible airport. A combination of both Mexican nationals and international investors have led prices to reach nearly $40 million USD at some of the most exclusive locations in the peninsula. From the ultra-posh Palmilla to Caleta and Villas del Mar, Engel & Völkers manages properties throughout these high-end locales and forecasts that the demand will continue to rise.
Engel & Völkers’ has several exceptional properties including Casa Hidalgo, Villa Estate Nineteen, Casa Oliver, and Casa Roca de Pajaro. These villas range from $37.8 million USD to $8.5 million USD and come complete with beach access, serene surroundings, high-end pools and enough room for the whole family. Learn more at Engel & Völkers Los Cabos.