Cabo Real Estate — Straight Talk

Buying Property in Cabo San Lucas

The Complete Buyer's Guide — Straight Talk from an Owner

Market Report

The Cabo Real Estate Market Right Now

Sales dropped 35% in 2024. Inventory doubled to 2,500+ listings. The pre-construction price advantage has disappeared. Here is what the data says — and what smart buyers are doing about it.

By Richard Pierro

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Deep Dive

The Soft Close Trap

We bought pre-construction in Cabo in 2022. We had over 80% of our capital out for nearly two years waiting for a deed we had already paid for. This is what we learned — and what nobody told us going in.

By Richard Pierro

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Closing Detail

Stamp Your RFC on Your CFE Bill — Or Lose Your Mexico Capital Gains Tax Exemption

Selling a home in Mexico? Your CFE electricity bill must have your RFC stamped, or the notario will refuse the capital gains tax exemption at closing. What sellers and buyers both need to know.

Pierro Holdings · May 2, 2026 · English & Español

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Deep Dive

Why Paying for Property in Mexico Doesn't Mean You Own It

Payment does not establish ownership in Mexico. A signed purchase contract does not establish ownership. Here is what does — and what happens when buyers find out too late.

By Richard Pierro

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Pre-Sale Risk

Pre-Construction in Cabo — The Risks Nobody Discloses

Your deposit goes directly to the developer — who uses it to build. If sales slow, construction slows.

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Ownership Structure

What Is a Fideicomiso and Why It Matters More Than the Price

Foreign ownership in Mexico's coastal zone requires a bank trust. What that means for you — and what it doesn't.

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Contracts

Earnest Money in Mexico — Why Non-Refundable Is Never Acceptable

Non-refundable deposits are common in Cabo. They are not acceptable. Here is the right structure to insist on.

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Title Risk

Master Trusts vs Individual Trusts — You May Not Own What You Think

When the developer holds title and you hold a beneficial interest, everything changes when you try to sell.

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Legal

How to Choose a Real Estate Attorney in Mexico

The developer's attorney is not your attorney. Here is how to find representation that actually protects you.

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Deed & Regime

The Regime Incorporation Trap — Why Your Deed Could Take Years

A completed building is not a deeded property. Buyers move in and wait — sometimes years — for legal title.

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Land Ownership

Buying on Leased Land in Cabo — Walk Away

If the land is leased and the structure is yours, you do not really own property in any meaningful sense.

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Taxes

Capital Gains Tax in Mexico — What Most Buyers Never Plan For

Mexico taxes gains at sale. Most buyers from Canada and the US are not eligible for the primary residence exemption.

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Land Due Diligence

Ejido Land Due Diligence — The Step Most Buyers Don't Know to Take

Former communal land requires specific legal conversion. If it wasn't done correctly, agrarian claims can follow the deed.

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HOA

HOA Boards in Mexico — How to Spot a Rogue Operation

An unregistered HOA has no legal authority — but they still collect money. Here is how to verify before you buy.

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Due Diligence

The Full Buyer Due Diligence Checklist for Mexico Real Estate

Everything you need to verify before signing — title, regime, HOA, taxes, trust, ejido status, attorney credentials.

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Selling

Selling Property in Mexico — Common Mistakes and How to Avoid Them

Capital gains planning, peso accounting, deed requirements, and why the time to prepare is before you list.

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AVAILABLE NOW · CABO SAN LUCAS

Casa Mirador at Pedregal Towers

The property that solves exactly what this article describes.

$439,000 USD 3+ yrs Operating History 4.94 ★ Rating Closes in Weeks

The only lock-off unit in Pedregal Towers. Fully deeded, cash flowing, walkable to the marina — priced $100,000+ below every comparable unit in the building.