Mexico is divided into several regions and these regions are made up of cities and towns. Cabo or Cabo San Lucas is just one of these cities that is located in the municipality of Los Cabos and under the Mexican State of Baja California Sur. Cabo has undergone rapid development and has become the center of tourist attraction along the so-called Los Cabos corridor made up of Cabo San Lucas and San José del Cabo. About 70 to 80 percent of the inhabitants of Cabo San Lucas are Americans. They have found real estate in Cabo in this part of Los Cabos, the best alternative area to invest even today.
Within Mexico, Cabo real estate is now among the popular options for investing. During the last decade, the development of Cabo San Lucas has been at a monumental pace. It has turned this city of 68,463 into a busy destination along the Los Cabos corridor with several resorts and other facilities under a timeshare agreement. This place is popular for its white sand beaches that stretch for about twenty miles. It is also known for its local landmark in the sea called El Arco de Cabo San Lucas, a natural arch-shaped structure. Cabo real estate has been in a continual increase in demand due to these attractions.
It is a perfect location for foreign retirees who want to have beachfront properties for their homes. Cabo is home to several rich, popular and influential people from around the world who have chosen this place, their refuge. Many gated residential communities, exclusive hotels and golf courses have attracted many wealthy tourists to settle in this beautiful area. This has made real estate in Mexico even more popular, especially among US retirees and investors.
Cabo real estate is not only an attractive place to invest for foreigners who want to settle down and make it their second home. It is equally attractive to visitors whose passion is the sea. Cabo is a perfect place to enjoy water sports such as diving and snorkeling. One day in water sports activities would not be enough for you as you will enjoy the thrill. This location is home to the largest marlin fishing tournament and is often referred to as the best sport fishing spot in the world. It is also here that you can watch the whales with their calves in tow after a long journey from Canada and Siberia to swim in the warm waters of the Pacific Ocean. It is rich in marine life due to its coral reefs that abound in its waters.
This beautiful paradise can be accessed by air through Los Cabos International Airport. Several cruise ships are also docking at the Cabo San Lucas docks, which has been a great attraction for other tourists who prefer to reach the place by sea. This factor of easy accessibility is also an important consideration why Cabo real estate is becoming attractive to tourists who have seen the beauty of the place.