LIENZO CHARRO CABO SAN LUCAS
The Lienzo Charro neighborhood in Cabo San Lucas, Baja California Sur (Código Postal 23470), is a centrally located, low-density residential and commercial area ideal for those seeking proximity to downtown Cabo’s marina, restaurants, and nightlife. Covering about 20 hectares with roughly 478 residents and 160 housing units, it’s bordered by streets like 16 de Septiembre, 20 de Noviembre, 5 de Mayo, Abasolo, Av. de los Charros, Blvd. Lazaro Cardenas, and Avenida Cabo San Lucas
Condominiums:A prominent pre-construction development features 24 condos across 3 levels, each with:2 bedrooms, 2 bathrooms
Sizes ranging from 133 m² (~1,431 sqft) to 193 m² (~2,077 sqft) with large terraces
Amenities: underground parking, rooftop pool, grill, elevator
Prices start at $226,000 USD, with delivery expected by December 2024
Other condo listings include units priced from MXN $3,100,000 (~$155,000 USD) to $429,000 USD, with maintenance fees around MXN $3,500/month (~$175 USD). Examples:
$239,000 USD (2 bed, 2 bath, near Agua)inmuebles24.com
$265,000 USD (2 bed, 2 bath, near Agua, MXN $3,500
$429,000 USD (2 bed, 2 bath, Don Alberto area)
A 2-bedroom penthouse in HD Phase 2 (5 minutes from downtown) offers a wide terrace, private rooftop with pergola, ocean views, and 1 underground parking space, fully furnished, ready for immediate delivery.
Homes:24 homes are listed for sale, with prices ranging from $181,000 to $399,000 USD. Notable listings include:
Casa Bonita (Loma Alta): $950,000 USD, a luxurious
Casa Royal (750 Calle M. Angel Herrera): $550,000
Lomas Altas Morro Pedregal de Cortes: $210,000 USD
A 5-plex multifamily property in downtown Lienzo Charro offers a studio, two 1-bedroom units, and two 2-bedroom units, with a rooftop deck featuring 360-degree city and mountain views, ideal for Airbnb income.
Land:Six residential lots are available for custom builds, with prices varying (e.g., $159,000 USD for a lot at Buenos Aires y Playa del Amor).
Investment Potential:Lienzo Charro’s central location, near the marina and Secundaria El Camino, makes it a strong choice for vacation rentals (Airbnb/VRBO) due to high tourist demand. Low property taxes (~$600/year for a $1M property) enhance investment appeal.
The area’s proximity to amenities like Mariscos La Cura (Libertad 316) and Kaffa Gallery (Plaza Soleil) adds lifestyle value.
Amenities:
Neighborhood: Urban setting with access to local schools, shops, and dining (e.g., Mariscos La Cura). No gated community amenities, unlike Pedregal.
Condo Developments: Rooftop pools, elevators, gated parking, and 24/7 security in newer complexes.
Nearby: Marina, Medano Beach, and downtown amenities (5–7 minute drive).
Pricing: Condos range from $226,000–$429,000 USD, homes from $181,000–$950,000 USD, and lots from $159,000–$200,000 USD, offering affordability in a central location.
Investment Potential:
Rental Income: High demand for short-term rentals due to proximity to downtown and the marina, yielding 5–7% annual ROI, especially for multifamily or furnished condos.
Appreciation: Cabo’s 2025 real estate market remains strong, with central neighborhoods like Lienzo Charro appreciating due to limited inventory and tourist demand.
Value Appeal: Affordable pricing compared to beachfront or luxury communities makes it ideal for first-time buyers or investors.
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, typically 50% of purchase price for 5–10 years from developers), and finalize with a notary. Verify delivery timelines for pre-construction condos (e.g., December 2024).
Market Trends: Cabo’s central properties are in high demand in 2025, with Lienzo Charro’s affordability driving sales for both residential and investment purposes.
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