San Jose del Cabo Condos: Rental Income Market Analysis 2014

by Tomas Germes

Often my clients ask me: Which condos make a good rental income while we are not in San Jose del Cabo?

I made a condo market analysis including the best options on the beach and in-land (ocean view). See on the chart below estimate rental income (short term/vacation) and average sale price.

If you need personalized assistance to get cap rates and net operating income, do not hesitate to contact me.

Beachfront Communities

El Encanto de La Laguna

Bedrooms / USD Rate (night) Average Sale Price

2 bedrooms $250 - $385 $650,000 USD

3 bedrooms $365 - $465 $990,000 USD

4 bedrooms $600 -$1,000 $1.1 M USD

Coral Baja

2 bedrooms $120 - $220 $165,000 USD

El Zalate

2 bedrooms $150 - $350 $520,000 USD

3 bedrooms $450 - $550 $1.3M USD

Las Mañanitas

2 bedrooms $200 - $400 $556,000 USD

3 bedrooms $300 - $700 $960,000 USD

Las Olas

2 bedrooms $150 - $220 $310,000 USD

3 bedrooms $250 - $350 $350,000 USD

4 bedrooms $300 - $350 $679,000 USD

Mykonos

2 bedrooms $175 - $300 $341,000 USD

3 bedrooms $300 - $350 $795,000 USD

La Jolla

2 bedrooms $150 - $350 $300,000 USD

3 bedrooms $250 - $420 $750,000 USD

Tortuga Bay

2 bedrooms $275 - $300 $995,000 USD

Ocean View Condo Communities

Alegranza

2 bedrooms $200 - $400 $611,000 USD
3 bedrooms $265 - $590 $677,000 USD
4 bedrooms $450 - $795 N/A

Club Campestre San Jose

2 bedrooms $200 - $220 $449,000 USD

3 bedrooms $275 - $325 $499,000 USD

Peninsula

2 bedrooms $115 $205,000 USD

Club La Costa

2 bedrooms $120 $173,000 USD

Lomas de La Jolla

2 bedrooms $125 $240,000 USD

Laguna Vista

2 bedrooms $100-$150 $174,000 USD

Hacienda Los Cabos

2 bedrooms $120 $110,000 USD

Villas Baja

2 bedrooms $100 $178,000 USD

Recommended:

1. El Encanto de La Laguna

The highest rental income and the newest condos in Los Cabos area. 2 and 3 bedrooms condos on the beachside. Located right next to the new master planned community of Puerto Los Cabos.

Great amenities such as: swimming pool, gym, outdoor kitchen, concierge, property management on-site and miles of white sandy beaches. An investment to be enjoyed,this is a perfect place to spend a long warm winter. Club House under construction.

2. Las Mañanitas
Las Mañanitas is a beachfront condo complex located in the heart of San Jose del Cabo. Great for those who want to be close to everything: restaurants, shops, cafés, bars and activities. Some of the amenities are: swimming pools, tennis courts, golf facilities, bbq area and gym. Property management on-site.

3. El Zalate
Beachfront condos in the famous Costa Azul beach overlooking the Sea of Cortez. 2 and 3 bedroom condominiums with pocket doors maximizing ocean views, high-end finishes and great quality in construction.

Amenities: Two swimming pools, Jacuzzi, Gym and 24/7 security.

4. Alegranza

Located in a hilltop, this condo complex offers panoramic views, from Palmilla tip to Punta Gorda in the East Cape. Walking distance to estuary, park, beach, downtown San Jose del Cabo.

Amenities: Tennis court, spa, fitness center, 3 swimming pools, golf practice facility, palapa bar, outdoor bbq, fire pits, restaurant, concierge. Property management on-site.