Cabo is amazing place to live and invest in. Its first world prices in a third world country because it lacks regular infrastructure such as proper roads, sidewalks and sewer systems. Just about every neighborhood has water problems. The city gets plenty of money from tourism yet they don't do anything to fix up the city. It's disheartening as a resident here. I love the weather the food the people and the beaches. It will continue to be overpriced as years to come because of that.
I am a 67 year old and have been looking at property in Cabo for 3 years now. It has gone up a lot. I am newly retired and the wife will retire at the end of the year. We do not own property here in SoCal. We have saved a little over $200,000 and are thinking of buying property in Mexico. I get emailed listings for the Cabo area and smaller townhouses are affordable but thats it. I will start looking into La Paz and Loreto. Thanks for the video.
Cabo is amazing place to live and invest in. Its first world prices in a third world country because it lacks regular infrastructure such as proper roads, sidewalks and sewer systems. Just about every neighborhood has water problems. The city gets plenty of money from tourism yet they don't do anything to fix up the city. It's disheartening as a resident here. I love the weather the food the people and the beaches. It will continue to be overpriced as years to come because of that.
I am a 67 year old and have been looking at property in Cabo for 3 years now. It has gone up a lot. I am newly retired and the wife will retire at the end of the year. We do not own property here in SoCal. We have saved a little over $200,000 and are thinking of buying property in Mexico. I get emailed listings for the Cabo area and smaller townhouses are affordable but thats it. I will start looking into La Paz and Loreto. Thanks for the video.
Any chance Mexico will ever adopt the US mortgage model?
I was a mortgage banker for 10 years and Mexico is decades behind if they ever get there. I wouldn't count on it.
Prices are high in cabo especially when most have to pay for whole
amount out of pocket or pay 10% interest