CARDINAL LIVING CABO SAN LUCAS
Location: Situated in downtown Cabo San Lucas at Calle 12 de Octubre, Cardinal Living is a few blocks from the main plaza, an 8-minute walk to the marina, and 1.3 miles from Medano Beach. It’s approximately 27 miles (35 minutes) from Los Cabos International Airport. The complex is near commercial hubs like an Oxxo (2 blocks north, 1 block east), a coffee shop, sushi restaurant, and electronics store, blending urban accessibility with scenic mountain and bay views.
Condominium Features:
Unit Types: 1-, 2-, and 3-bedroom condos, ranging from ~1,156 sqft (107 m²) to 1,239 sqft (115 m²). Units are designed for modern comfort with open-concept floor plans, spacious balconies, and natural lighting.
Design and Finishes:
Fully furnished, turnkey units with high-end features like hurricane shutters, soundproofing between floors, and zoned central air conditioning.
Kitchens include premium appliances (refrigerator, oven, gas range, exhaust hood, dishwasher, microwave, garburator) and water filtration systems.
Master bedrooms feature walk-in closets and en-suite bathrooms; secondary bedrooms have interior closets and shared or en-suite bathrooms.
Example Listings:
1-Bedroom, 1-Bathroom Condo: $245,000 USD, 1,156 sqft, fully furnished, open-concept, with rooftop access to ocean and city views. Ideal for rental investments due to proximity to the marina.
2-Bedroom, 2-Bathroom Condo (MLS# 21-340): $346,600 USD, 1,239 sqft, with a private terrace offering city and ocean views, turnkey, and strong rental history.
Cardinal 302P: 2 bedrooms, 2 bathrooms, fully furnished, with hurricane shutters and rooftop amenities access, priced around $350,000 USD, noted for high rental demand despite not being rented by current owners.
Amenities:
Rooftop Compass Lounge: Features a large pool, hot tub, private cabanas, sunken fire pit, BBQ area, outdoor kitchen, and panoramic ocean and city views of Medano Beach. A gym is under construction.
Two elevators and 5-meter ceiling heights in the two-level complex with 61 commercial units on the ground floor.
24/7 security, underground parking, and bodegas (storage units) available.
Hotel-style services for select units, enhancing rental appeal.
Pricing: Ranges from $245,000 USD (1-bedroom) to $350,000 USD (2-bedroom), with most units between $245,000–$350,000 USD, competitive for downtown Cabo’s luxury market.
Investment Potential:
Rental Income: High demand for short-term rentals due to the downtown location, with units generating immediate income (e.g., scheduled clients for rentals from day one). Cabo’s vacation rental market yields 5-8% annual ROI, supported by proximity to the marina and Medano Beach.
Appreciation: Cabo’s real estate market remains strong in 2025, with downtown properties like Cardinal Living benefiting from high demand and limited supply.
Turnkey Convenience: Fully furnished units and hotel-style services make Cardinal Living ideal for investors seeking hassle-free rental properties.
Buying Considerations
Foreign Ownership: Foreigners can purchase through a fideicomiso (bank trust, ~$500–$1,500/year in fees) or a Mexican corporation for commercial purposes. A notary and lawyer specializing in Mexican real estate are essential for title searches, due diligence, and closing.
Process: Select a property, make an offer, secure financing (if needed), and finalize with a notary. Cardinal Living’s turnkey units require minimal setup, but verify rental history and HOA fees (not specified but typical for luxury condos at ~$200–$400 USD/month).
Market Trends: Cabo’s luxury condo market is robust, with downtown properties like Cardinal Living in high demand due to walkability and rental potential. Limited inventory suggests quick sales, especially for furnished units.
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