Los Cabos Closing Costs

by Tomas Germes

Buyers Estimated Closing Costs for Los Cabos area (Cabo San Lucas, San Jose del Cabo and the East Cape)

Property Cost Transfer costs % of total

$100,000 USD          9% ($9,025)

$200,000 USD       5.9% ($11,925)

$300,000 USD       4.9% ($14,960)

$500,000 USD       4.4% ($22,225)

$700,000 USD       4.0% ($28,035)

$1,000,000 USD   4.0% ($40,165)

$1,500,000 USD   3.6% ($54,015)

Quotations are in U.S. dollars, include 2% acquisition tax and all expenses involved in the transfer of property in a Mexican bank trust (Fideicomiso) These are estimates only and are subject to change. 

 

Find below a list of expenses involved. E-mail me (tomas@bajasmart.com) or call for a detailed closing estimate. 

Closing expenses

Commercial Appraisal

Public Registry Apraisal

Certificate of no tax liability

Certificate of no encumbrances

Taxes


Fiduciary expenses (Bank Trust)

S.R.E. permit

I.R.N.I.E*

Fiduciary fee**

Fiduciary fees 


Notary expenses

ISABI (2% adquisition tax)

RPP (public registry)

Notary fee


*Registry at the national Foreign Investment Registry

** $500 USD for trust  contract and $500 USD for first annual fee.

 

For personalized assistance, do not hesitate to contact me.

Tomas Germes

Real estate consultant

Office Los Cabos, MX (624) 142 6039

US (949) 200 6640

Baja Smart

Baja Smart

Broker | License ID: LIC-RAPIBCS-0032

+52(624) 142-6039

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