3. • DESCRIPTION: Mixed Development Land.
• LAND USE: HOTEL, RESIDENTIAL AND COMMERCIAL.
• AREA: 650 Hectares/1600 Acres
• DENSITY: 10 Houses per Hectare or
12-15 Condo Hotel Rooms per Hectare.
PROPERTY DESCRIPTION
12. Given the current level of development along the Los Cabos Corridor, there are few
developable parcels of land along the beachfront, resulting in increasing development in
the West of San Lucas. Cabo Escondido is one of the last big beachfront parcels available
near Los Cabos.
13. LEGAL DOCUMENTS:
•Previous Titles.
•New Title.
•Inscription in the Public Registry.
•Topographical survey.
•Golf course design elaborated for Cabo Escondido.
•Alternative Master Plan.
•Slopes and Heights.
14. Market Overview of Cabo San Lucas
•There are 14.000 hotel rooms in Cabo San Lucas. (Cancun 26.000, Pto. Vallarta 22.000)
•Los Cabos is the highest-end resort/second home market on the west coast of Mexico.
•The number of rooms in CSL has grown at an average 7.2% over the past 10 years and is expected to
grow to 18,000 by the year 2012.
•42% of tourists stay in 5 star accommodation or better and 92% of visitors are Americans.
•Oceanfront home sites prices now range between from about $4 million to $10 million.
•Ocean-view lot prices now range from $500.000 to over $6 million.
•Top fractional products now sell 1/8th shares for $400.000 to more than $650.000
•Dubai developer Nakheel buy 50% of One & Only Palmilla resort for $315 million.
Sample Set
Development Avg. Price Avg. Price M Avg. Price/SF
El Dorado (Lots) $ 4.250.000 $ 12.000 $ 1.115
Chileno Bay (Point $ 6.250.000 $ 14.500 $ 1.389
Villas)
Capela (Fractional) $ 4.200.000 $ 14.500 $ 1.390
Palmilla (Lots) $ 3.500.000 $ 5.500 $ 511
•Atardecer en el Pacífico