Condos in Cabo San Lucas
While
staying at the timeshare, we took three day trips to look at other options for
homes. They range in price from the low
$200,000 to $1.2 million.
The first
trip was to the Ventanas,http://www.ventanasresidences.com/engl/residences/index.html. I met the agents down at the wharf and they were
eager to show me around. They gave me an
extended tour of the four phases of the development. Including both individual homes and condos.
The first
phase was completed and did not have any vacancies. The other phases were in a range of construction.
It was in
exploring these that it occurred to me, that I would clearly want a corner
unit! The price was a bit higher,
however the extra windows seemed critical.
These
appeared to be built with the goal of meeting the low end of the second home
market. The views were fantastic, and
the amenities were excellent, including the clubhouse and pool. They were well located, just above Home
Deport, with a short drive to downtown and the beaches. One of the phases was also tucked up to the
hillside leading to the mountains. There
were trails, so you could mountain bike from the Condo.
The
following day we went out to Copala.
This development was very much under construction, with no condos
available for viewing. The clubhouse was
completed and was very well appointed. The
prices started around $350K.
The views
were going to be amazing with golf course and ocean views. Like the Ventanas, there were homes available
in the development. However these were
very high end, reaching toward $1mil.
This
development was on the Pacific Ocean and there was absolutely no swimming. Location was about 45+ minutes to the airport
and 10 minutes to downtown.
The company
that was developing these units had developed the near by resort of Pueblo
Bonito, which had an excellent reputation.
For me however, I wouldn’t consider buying or putting money down on a
place I couldn’t step into and see the views.
The third
trip was to the Villa La Estancia, which was located directly between our timeshare
resort, and a sister time share resort.
There were fractional and full ownerships available. It was located on the famous beach. The prices went up over $1million for the
penthouses. I was told that they
provided a solid return as a rental.
Which makes sense, since it really felt like a high end hotel. The homeowner’s fees were silly expensive, so
expensive that I blocked the numbers from my mind.
In the end,
if I was to buy a condo in Cabo San Lucas, the Ventanas would have been my
first choice due to location, and price.
If money was no object then the Copala homes might have won out. Not sure about not having a swimmable beach
nearby, maybe a deal breaker for some.
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