U.S. Luxury Buyers Continue To Propel Real Estate Market In Los Cabos

Now that the tourism back and bigger than ever, Los Cabos is emerging as one of the biggest second home markets in North America, with many vacationers opting to become homeowners.
As a world-class destination, Mexico’s Baja California Peninsula is one of the strongest real estate markets not only in the country, but in the world, with an annual growth of 6% in overall sales for the last five years, according to a N.Y. Times report citing research from CBRE Hotels.
At this moment, the destination is continuing to experiencing a seller’s market and the increased interest from American buyers has left developers scrambling to meet the demand.
Now with the new direct flights to and from Europe, the Los Cabos real estate market is set to continue on a path of rapid growth.
Cabo is unstoppable!!!

Credits: Forbes/ Photo: Internet

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