OUR SERVICES
REAL ESTATE
Elite Real Estate Los Cabos is the sister company of Elite Vacations Los Cabos. Elite Real Estate was founded by a group of top selling Cabo Real Estate Professionals who wanted to create a fresh and exciting real estate brand and legacy in the community.
Founded on the principles of professionalism, experience, ethics, teamwork and exceptional customer service, Elite Real Estate values honesty and transparency at it’s core.
Search all listings currently active on MLS BCS or get answers to some of our most frequently asked questions below.
EXPLORE
ALL MLS PROPERTIES
EXPLORE OUR
FREQUENTLY ASKED QUESTIONS
Foreign ownership is accomplished through a 50-year renewable trust called a Fideicomiso. Much like an estate trust in the U.S., the Fideicomiso beneficiary has the right to use, sell, rent, will, improve the property, etc.
Elite Real Estate Los Cabos only sells deeded full or fractional ownership. We do not handle land leases.
Los Cabos is mostly a cash only market however some seller financing options are available. These include developer financing, seller financing, 3rd party lending, or the new Intercam Dream Loan. We are happy to discuss which option works best for your situation.
Foreign ownership is accomplished through a 50-year renewable trust called a Fideicomiso. Much like an estate trust in the U.S., the Fideicomiso beneficiary has the right to use, sell, rent, will, improve the property, etc.
Elite Real Estate Los Cabos only sells deeded full or fractional ownership. We do not deal with land leases.
Los Cabos is mostly a cash only market however some seller financing options are available. These include Developer Financing, Seller Financing, 3rd Party Lending, or the new Intercam Dream Loan. We are happy to discuss which option works best for your situation.
Closing can take anywhere from 60-180+ days for completed homes due to the trust permit process, however there are ways to take early possession if desired.
Mexico has a 2% acquisition tax that is generally paid for by the Purchaser in addition to other closing costs of roughly 2-4%. It is important to set aside 4-6% of the total purchase price to cover these fees.
Property taxes, water, internet, cable and gas cost very little compared to the US and Canada. CFE (electricity) is very dependent on your A/C usage. There is also a yearly trust fee to maintain the trust depending on which bank holds the trust. Lastly, you will need to factor in Property Management & Rental Management (if applicable) and regular services like house cleaning, gardening, pool service, fumigation, etc.
Closing can take anywhere from 90+ days for completed homes due to the trust permit process, however there are ways to take early possession if desired.
Mexico has a 2% acquisition tax that is generally paid for by the Purchaser in addition to other closing costs of roughly 2-4%. It is important to always set aside 4-6% of the total purchase price to cover these fees.
Property taxes, water, internet, cable and gas cost very little compared to the US and Canada. CFE (electricity) is very dependent on your A/C usage. There is also a yearly trust fee to maintain the trust depending on which bank holds the trust. Lastly, you will need to factor in Property Management & Rental Management (if applicable) and regular services like house cleaning, gardening, pool service, fumigation, etc.