Aerial view of a beach and resort on the Sea of Cortez in Los Cabos
Aerial view of Palmas Cortez oceanfront resort and beach on the Sea of Cortez, Los Cabos
Rooftop infinity pool and loungers at dusk at Comfort Inn Cabo San Lucas, Los Cabos
Tulum Land and Property

Los Cabos Hotels and Commercial Property for Sale

Two operating hotels at the southern tip of Baja California Sur, offered as whole assets.

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Los Cabos

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Our Los Cabos book is commercial only: two operating hotels, offered as whole assets. This is a different market from the Riviera Maya and a different kind of purchase.

Where it is

Los Cabos sits at the southern tip of the Baja California peninsula, where the Sea of Cortez meets the Pacific. It is made up of two towns about thirty kilometres apart. San José del Cabo is the older of the two, built around a colonial centre with an art district and a quieter, more residential feel. Cabo San Lucas is the resort end, with the marina, the arch at Land's End, the sportfishing fleet and the nightlife.

The corridor between them carries most of the large resort inventory. Los Cabos International Airport serves both and runs direct flights to a long list of North American cities, which is the structural reason the hotel market here works: it is one of the most accessible beach destinations in Mexico from the United States and Canada.

The Sea of Cortez side is calm and swimmable. The Pacific side is dramatic and largely is not. That distinction matters commercially and it is worth understanding before assessing any asset here.

What is for sale

Palmas Cortez, a 60 key oceanfront resort, at $215,000,000 USD. And the Comfort Inn Cabo San Lucas, a 171 key hotel of 49,030 sq ft, at $41,000,000 USD.

Both are operating businesses rather than real estate alone, and both are sold as whole assets rather than by the unit.

Who it suits

Hotel groups, institutional buyers and family offices looking for operating hospitality in a market with established year round demand and direct international lift. Also repositioning buyers, where the interest is in the site and the keys rather than the current operation.

What to watch

An operating hotel is bought on its numbers and its licences, not on its photographs. Occupancy, average daily rate, the management or franchise position, staffing, and the condition of the plant are what set the value.

Beachfront and near shore assets in Mexico carry the federal maritime zone concession at the shoreline, and the terms and remaining life of that concession are a material item on any coastal hotel.

Fuller information on either asset, including trading history and the operating position, follows a genuine expression of interest and a letter of intent.

The figures on this page are asking prices from our own current listings. They are not closed transactions and they are not comparables.

What is in

Los Cabos

The draw

  • Operating hospitality with year round demand
  • One of the most accessible beach markets in Mexico from North America
  • Whole assets rather than fractions

What you get

  • Two operating hotels, sold as whole assets
  • A 60 key oceanfront resort at $215,000,000 USD
  • A 171 key hotel in Cabo San Lucas at $41,000,000 USD

On the doorstep

  • The arch at Land's End and the Cabo marina
  • San Jose del Cabo's colonial centre and art district
  • Calm Sea of Cortez swimming

Getting around

  • Los Cabos International Airport
  • Direct flights across North America
  • Thirty kilometres between the two towns
Rooftop infinity pool and loungers at dusk at Comfort Inn Cabo San Lucas, Los Cabos
Property of the week

Comfort Inn Cabo San Lucas | 171 Key Hotel in Los Cabos

49,030 sq ft
$41,000,000 USD
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comfort-inn-cabo-san-lucas-171-key-hotel-los-cabos

Frequently Asked Questions

Find answers to the most common questions about our properties, services, and buying process. If you need more help, feel free to reach out to us

Can foreigners own property in Mexico?

Yes. Foreigners can own property in Mexico via a “fideicomiso”: a trust with a Mexican bank facilitated by a notary. The bank acts as a trustee and follows instructions from the property owner. Via this arrangement, foreigners can have all rights to use, occupy, lease, build, improve, and sell their property. On average, it takes 60 to 90 days to complete a property purchase. Tulum Land & Property works closely with a trusted team of lawyers and notaries who ensure that all legal processes proceed smoothly. Another way of owning property in Mexico is by creating a Mexican corporation. This is recommended when investors plan to own several properties.

How much do I have to pay up-front?

Most pre-construction properties require a refundable deposit of $5,000 USD to secure the unit. Our properties are in high demand so this deposit secures the unit while contracts are drafted. Typically buyers make a down payment of 30% but larger down payments lead to larger discounts. The rest of the payments are made according to negotiable payment plans spreading the cost over the construction time, allowing investors to enjoy better liquidity before delivery.

What rental income can my property generate?

It depends on the property, the street, how it is furnished and how it is run, so we do not quote a single return figure for any market. Where we hold published short term rental data for an area, such as AirDNA's occupancy and nightly rate figures, it appears in the market data on that area's page, attributed to its source. Where a seller or developer supplies figures for a specific home, we tell you whose figures they are and suggest you verify them independently.

What's the best way to get Financing?

For foreigners investing in Mexico, the best way to obtain finance is to do so at home. In the US, you may take a Home Equity Loan or Home Equity Line of Credit (click here). Many pre-construction developments also offer payment plans that spread the cost over the construction period. Financing in Mexico is typically 8% to 9% plus fees and involves a lengthy process.

Are there any extra costs to buy a property?

Closing costs are typically 7% of the property value. This includes the acquisition tax, recordation fee, certificate of no liens, municipal appraisal, legal and closing fees, and public notary fees. The yearly property tax in Mexico is typically 0.1% of the property value. HOA fees typically start from $2.5 USD per square meter per month depending on the amenities included. The cost of furniture and appliances must also be considered in your budget. Our team of experts can help you understand these costs, schedule a call with us to get started (click here).

How can I ensure the property I purchase has a clear title?

To ensure a property has a clear title, conduct a title search through a reputable notary or legal professional. This process verifies that the seller has legal ownership and that there are no liens or encumbrances on the property. Working with experienced local professionals can help navigate this process.

Is it safe to buy property here?

Our markets are generally safe places to visit and to live. On Numbeo, whose crime index is built from residents' and visitors' own reports, Tulum currently scores lower than many large US cities, Miami among them. Like any busy tourist destination the region has occasional serious incidents, and these rarely involve visitors or residents going about their day. The usual travel precautions apply, as they would anywhere popular with visitors, and forums for first time travellers to Mexico carry plenty of practical advice on avoiding scams and petty theft.

Does the property come with amenities?

Many of the condos and villas we sell come with amenities, depending on the location. Usual amenities include: pool, spa, rooftop, fitness and yoga centre, co-working space, etc.

Still have questions?

Schedule a call with our team of investment analysts to get the answers you need and make informed decisions.

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Los Cabos
Two operating hotels at the southern tip of Baja California Sur, offered as whole assets.
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