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| Cabo San Lucas Real Estate | ||||||||||||
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Cabo San Lucas master development communities: Pedregal de Cabo San Lucas In 2004 Capella de Pedregal, a high-end fractional project, was launched on the Pacific side, with access through a 100 foot tunnel punched through the mountain. Capella consists of 20 wholly-owned residences and 31 fractional villas of ‘Mexican contemporary” design. Also currently in development are two condominium projects perched on the hill with views of Cabo San Lucas and the marina, Cabo Viejo, Bravisto and Las Cascadas. Both have been very successful demonstrating the desirability of this in-town location. Blue Bay, a condominium property with a very contemporary design, was built and recently sold out. Cabo San Lucas also includes over a 300-slip marina, which holds many international fishing tournaments. One of the highest paid fishing tournaments in the world is the Bisbee's Black and Blue Marlin Tournament with around 300 participants and the prize of over $3 million US Dollars. Nearby, there is the Puerto Paraiso mall with its upscale shopping, dining and entertainment plaza, which includes cinemas and a bowling alley. Cabo Del Sol Please call our real estate specialists about the real estate investment opportunities in Cabo San Lucas and the Los Cabos region at 800-403-6597. Cabo San Lucas real estate overview About 35 years ago, the "Fonatur", a Mexican government agency in charge of tourism, begun to focus on the foreign investors as the main income source for the country and put its emphasis on the resort infrastructure. The current airport in San Jose del Cabo opened in 1984 and the big developers started numerous projects in the area. Before that, the only hotels operating and catering to Hollywood celebrities, such as John Wayne, Phil Harris, Bing Crosby was Palmilla Resort and later the Hacienda Resort. In the 1970's opened up its doors Twin Dolpins, Solmar and Finisterra. Today, Cabo San Lucas and the Los Cabos region look very different as many visitors would agree. The Los Cabos corridor offers five new signature championship golf courses, designed by famous golf professionals, such as, Jack Nicklaus, Robert Trent Jones, Tom Weiskopf and Tom Fazio. In just a decade, Los Cabos became to be recognized as the golf Mecca of Latin America. Along the Los Cabos shorline, are new high-end developments, such as Palmilla, Cabo Del Sol, Punta Ballena, Querencia, Chileno Bay and Puerto Los Cabos golf and marina community.
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