Exciting News for real estate investors!
Exciting News for real estate investors! text by our Real Estate Expert Leysan Firdinat Los Cabos surpasses Mexico City in short-term rentals revenue.Did you know that Los Cabos, Baja California Sur, has surpassed Mexico City in revenue from short-term rentals? According to recent data, while Mexico City generates US $290 million per year, Los Cabos now generates an impressive US $320 million! This means that together, both markets could generate around US $600 million per year! Alongside Mexico City and Los Cabos, Cancún and Tulum in Quintana Roo are next as Mexico’s largest markets for short-term rentals.Mexico is proving to be a powerhouse in the vacation rental market, with significant growth even surpassing that of the European market. In fact, an average home in Los Cabos has the potential to generate an average annual income of US $40,000 through short-term rentals even with a property manager taking a commission! Los Cabos has now become the most popular place to rent a short-term house or apartment, say several property management companies.So whether you're a homeowner looking to capitalize on this booming market or a traveler seeking a luxurious vacation rental experience, Los Cabos is the place to be! Don't miss out on this incredible opportunity!
The Very Best Hotels in Baja California Sur by Condé Nast Traveler magazine
The Very Best Hotels in Baja California Sur by Condé Nast Traveler magazine: 1. Montage Los Cabos, Cabo Corridor; 2. Four Seasons Resort Los Cabos at Costa Palmas, East Cape; 3. One&Only Palmilla, San Jose del Cabo; 4. Paradero, Todos Santos; 5. Zadún, a Ritz-Carlton Reserve, San Jose del Cabo; 6. Baja Club Hotel, La Paz.
Los Cabos Shines in the First-Ever MICHELIN Guide for Mexico!
Los Cabos Shines in the First-Ever MICHELIN Guide for Mexico! text by our Real Estate Expert Leysan Firdinat Los Cabos has been recognized in the inaugural MICHELIN Guide for Mexico, highlighting 13 standout restaurants across the destination. Among these, one MICHELIN Star, two Green Stars, two Bib Gourmands, and nine recommended restaurants have been awarded, showcasing the region's unique gastronomic excellence. Fine Dining and Sustainability in Los Cabos: - MICHELIN Star: Cocina de Autor at Grand Velas Los Cabos, led by master chefs Sidney Schutte and Francisco Sixto, earned the prestigious MICHELIN Star for its quality ingredients, flavorful dishes, and consistent excellence. - MICHELIN Green Stars: Flora Farms' Kitchen, helmed by chef Rebecca Weitzman, and Acre, led by chef Arturo Rivero, were honored for their commitment to sustainable gastronomy, ethical practices, and local community support. - Bib Gourmand Awards: Flora Farms' Kitchen and Metate, under chef Abraham Tamez, were recognized for providing exceptional culinary experiences at affordable prices. "We are honored to have so many deserving restaurants in Los Cabos recognized in the first MICHELIN Guide Mexico," said Rodrigo Esponda, Managing Director of the Los Cabos Tourism Board. "Los Cabos' diverse landscape, natural ecosystems, and unique location have positioned the destination as the largest producer of organic produce in Mexico. The destination's regenerative farming and sustainable fishing practices allow local restaurants and chefs to provide fresh-caught seafood that is locally sourced and organic produce that inspires renowned chefs to turn gastronomy into a creative art and exceptional experience." Additional Recommended Restaurants: - Arbol at Las Ventanas Al Paraiso, A Rosewood Resort - CarbónCabrón - Comal at Chileno Bay Resort & Residences - Los Tres Gallos - Lumbre - Manta at The Cape, A Thompson Hotel - Nao - Omakai - Ruba's Bakery