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Cabo San Lucas Blog

This blog discusses Los Cabos real estate and other important news and happenings in Cabo.

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Meet Cabo Locals - Coleen Fagan

I recently had the opportunity to intereview a local Cabo resident and owner of the company Baja Weddings.  I thought to share with you some of our interview.  Make sure to check out Coleen's website www.bajawedding.com especially if you are looking to plan a wedding in Cabo!

Q: How long have you been in Cabo? 

A: We have lived in Cabo full time for 16 years.

Q: What brought you to Cabo originally? 

A: We originally came to Los Cabos to retire but failed at retirement.   We visited Cabo many times before moving here and loved the weather and the people, the total ambiance of Los Cabos.  It is a different country yet close should we feel an urge to return home to the U.S.

Q: What do you do in Cabo for a living? 

A: We have a wedding design and on site wedding coordination business.


Q: What is it that attracted you to Cabo?
A: Weather, the country and the friendly people in general.

Q: Any advice for people looking to work here in Cabo? 
A: Plan on having enough to live on for 6 month to a year if you plan on working.  Jobs for foreigners are limited, mostly to sales positions.  As with any commissioned sales position it will take a while to get yourself established financially so be sure you have enough money to sustain until you have an income you can count.

Q: How is Cabo different now compared to when you first moved to Cabo? 
A: Oh Geez . . a world of difference, when we first moved here it was similiar to shopping in Europe, with grocery products found only at local mom and pop stores' this place for meats, another place for fresh fruits and vegetables, another place for staples and if one place did not have what you were looking for then you searched another store.  Then came Soriana, followed by CCC and Costco.  We did not have Office Depot, Office Max or Home Depot.  Many times we would take a weekend trip to La Paz to get needed food and home items.  Now we have all the modern conveniences.

Jennifer Aniston Promotes Mexico

Recently Jennifer Aniston was here in Cabo staying at the Palmilla hotel.  She gave this interview to Access Hollywood.  Check it out!  

http://www.accesshollywood.com/jennifer-aniston-helps-out-tijuana-orphanage_article_28917

UFC Fighter, Chuck Liddell, in Cabo San Lucas

I was just at my friend's gym, Hi Evolution Gym, in Cabo San Lucas yesterday and guess who was there?  Chuck Liddell was visiting because a friend of his is an MMA instructor and Revolution will be the first gym to have MMA training and Octagon in Cabo.  You can expect probably come March 2010 for the MMA section of the gym to be completed and don't be surprised to see Chuck Liddell, UFC Hall of Famer, at the inauguration.  It is anticipated too that other UFC fighters are to be visiting soon like Frank Mir.  If you are looking for a place to train while in Cabo let me know and I can get you into my friend's gym.  The gym also features weights, cardio, spinning classes, and kid's day care. 

Puerto de Hierro #8 in Cabo San Lucas Corridor is Sold!

Sold

Cabo San Lucas Corridor, Los Cabos  -  The single story at Puerto de Hierro #8 has been sold.

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Cabo is Safe to Travel to

I Thought this article would be of interest to tourists and people coming to Mexico.  As you will find out according to Sylvia Longmire (a well qualified expert in Safety, see below) Cabo is one the safest placest in all of Mexico if not the safest and doesn't deserve any of the negative press. 

The Myth that No Place in Mexico is Safe

By Sylvia Longmire

Thanks to the bloody drug battles being waged on a daily basis in so many Mexican cities and towns, the country has acquired a terrible reputation as a travel destination in the last few years. While some areas in Mexico definitely need to be avoided by tourists, there are several areas where this reputation is completely undeserved.

But before we get into the discussion of specific areas in Mexico and their relative safety, it’s important to understand why certain areas are so dangerous, and the factors that need to be taken into account when contemplating travel to Mexico.

As most people know, Mexico is in the middle of a drug war. The unprecedented bloodshed is a result of turf battles between drug cartels, as well as rivalries within cartels. The turf in question is usually one of two places: a highly valued drug trafficking corridor into the United States, also known as a plaza, and cities or towns where drugs are brought into Mexico from outside the country.

Control of these key locations is crucial for the success of a cartel’s business operation. In order to maintain control of these locations, cartels are willing to conduct assassinations of public officials, commit mass murders and dismemberment, and kidnap and torture those who wrong them.

The two most notorious plazas at the moment are Ciudad Juárez in the State of Chihuahua, and Tijuana in the State of Baja California.

The U.S. State Department has made clear in recurring travel alerts that non-essential travel by American citizens to certain areas should be deferred. More specifically: “The U.S. Mission in Mexico currently restricts non-essential travel within the state of Durango, the northwest quadrant of Chihuahua and an area southeast of Ciudad Juarez, and all parts of the state of Coahuila south of Mexican Highways 25 and 22 and the Alamos River for US Government employees assigned to Mexico.  This restriction was implemented in light of the recent increase in assaults, murders, and kidnappings in those three states.” 

Unfortunately, when Americans and other foreigners hear about all these travel warnings — and are unfamiliar with the nuances of the security situation in Mexico — they sometimes tend to get the impression that all of Mexico is a war zone. This is certainly not the case, as there are numerous places in Mexico that have been untouched by the drug war.

Mexico is well known as an affordable travel destination and for its all-inclusive beach resorts. Fortunately, the majority of these tourist locales remain safe for American and other foreign travelers. In fact, Baja California Sur — the home of the famous Cabo San Lucas and the other Los Cabos — is one of the safest places in Mexico, as it isn’t considered a strategic location for any of the drug cartels. Part of the safety factor is that many of the resorts in the Cabos are all-inclusive, meaning that guests never have the leave the resort grounds for food or entertainment.

Other popular tourist destinations include Acapulco, Cancun, and Cozumel. These places have occasionally appeared in the news as sites of drug-related shootouts and other violent incidents, and Acapulco was actually at the center of a turf battle for several years. However, it’s very important to note that these violent incidents occurred several miles away from tourist areas and resorts, and in no way affected the safety of tourists staying at those resorts. News reports don’t usually provide that helpful context.

In addition to the more well-known tourist destinations, there are dozens of other places in Mexico that cater to visitors who enjoy beaches, Mayan and Aztec ruins, and eco-tours. While too numerous to name individually, most of these sites remain beautiful — and safe — places to enjoy.

The most important thing any potential business visitor or tourist to Mexico can do is arm him or herself with good information about specific destinations. The U.S. State Department travel site for Mexico (http://travel.state.gov/travel/cis_pa_tw/cis/cis_970.html) is a great place to start. One should never hesitate to contact a U.S. Consulate in Mexico if questions about the safety of a particular location arise.

Members of the military should be extremely diligent when planning any travel to Mexico, as certain locations have been officially declared off-limits by the Department of Defense, and others require command approval prior to travel.

Above all, travelers to Mexico and any other unfamiliar foreign travel destination need to exercise common sense. Try to blend in. Don’t wear things that scream “I’m American!” or “I’m an easy target!” Don’t wear flashy jewelry. Try to learn a few useful words in Spanish. While you’re not likely to be targeted in Mexico by the mere fact that you’re a tourist, you can still become the victim of common crime by not exercising common sense.

The violence in Mexico is not likely to escape our minds — or our headlines — any time soon. But that doesn’t mean that Mexico is no longer a viable option for rest and relaxation at an affordable price. It sounds almost corny, but it can’t be said enough that you need to know before you go. Arm yourself with good information about your destination, and enjoy the great things that Mexico still has to offer.

——————————

Sylvia Longmire is a former Air Force officer and Special Agent with the Air Force Office of Special Investigations, where she specialized in counterintelligence, counterespionage, and force protection analysis. After being medically retired in 2005, Ms. Longmire worked for almost four years as a Senior Intelligence Analyst for the California State Terrorism Threat Assessment Center, providing daily situational awareness to senior state government officials on southwest border violence and significant events in Latin America. She received her Master’s degree from the University of South Florida in Latin American and Caribbean Studies, with a focus on the Cuban and Guatemalan revolutions. Ms. Longmire is currently an independent consultant and freelance writer.  Her website is Mexico's Drug War; she is a regular contributor to Examiner.com; and her email address is spooky926@gmail.com.

Cabo Wabo does the Vegas Strip

Sammy Hagar of Van Halen has done it again. He has opened his hard-rockin’ dining and nightlife experience, Cabo Wabo Cantina, on the Las Vegas Strip. The original Cabo Wabo opened here in Cabo in 1990 and has been instrumental (pun intended) in converting Cabo in a popular Mexican Tourist destination. For all my clients in Vegas check out the Cabo Wabo and let me know what you think and how it compares the original. 

Price Reduced on Rolling Hills Estates in Pacific

Pacific, Los Cabos  -  Announcing a price reduction on Rolling Hills Estates, a lot / land. Now $89,000 USD - Lots under 100k.

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Price Reduced on 4-Casa Palo Blanco - Cabo San Lucas in CSL Central

CSL Central, Cabo San Lucas  -  Announcing a price reduction on 4-Casa Palo Blanco - Cabo San Lucas, a 1,800 sq. ft., 2 bath, 2 bdrm 2 story "Mexican Hacienda". Now $217,500 USD - Priced to Sell.

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Mexico Rated #1 place to Retire in the World
NEW YORK (Reuters Life!) - Mexico was named on Thursday as the best place in the world to retire by an annual retirement index, replacing last year's winner Panama where real estate prices have soared. Releasing its 15th annual global retirement index, International Living magazine said Mexico had jumped four places to top the list due to "an affordable combination of modern features and old-world charm." The report analyzes 29 countries, and gives them scores in categories including real estate, entertainment, special benefits offered to retirees, culture, safety and stability, healthcare, climate, infrastructure and cost of living. "Moving to Mexico means you can still have all of the amenities you grew accustomed to north of the border: cable TV, high-speed Internet, and modern home appliances," said the magazine's managing editor Laura Sheridan in a statement. Mexico also won praise for its health care, diverse climate and affordable real estate. The magazine, which caters for people living and working overseas, said a beachfront property in Mexico could be bought for less than $100,000. Trailing Mexico were Ecuador, Italy, Panama, Australia, Malta, Spain, South Africa, Malaysia, France and Thailand. Panama fell to fourth slot due to a dramatic rise in real estate prices, particularly in Panama City, and because the government has recently restricted tourist visas to 30 days, making it harder for seasonal part-timers to live there. The United States ranked No. 19 in the report, scoring poorly in the area of special benefits for retirees. It scored well in both safety and infrastructure. The United Kingdom was ranked at the bottom of the list at 29 countries, largely due to its high real estate prices and overall high cost of living.
U2 in Cabo
Well, Kind of...I am watching them right now LIVE on Youtube.com as I write you. I am a HUGE U2 fan and wish I was at the Rose Bowl tonight and watching them in person as opposed over the internet but it's the next best thing. It is amazing how much we rely on technology. The fact that I am able to communicate with 1000's of clients abroad each and every day and all from the sunny, beautiful confines of Cabo San Lucas is a modern, miracle marvel. It makes things like high resolution pictures, google earth mapping, virtual tours, and long distance phone calls something that was once either impossible or too cost prohibitive an easy and cheap set of tools that real estate agents now use with the routineness of brushing one's teeth. I must say that with all the technology at our fingertips there still remains the human aspect that is sometimes lost. This is why I make it a point to call each and everyone of my website visitors. It might take a couple weeks sometimes to follow up by phone, but I will eventually reach out to you to let you know that you're not just an email address but someone that I truly value as a client. It is the relationship that I am after with my clients and that strong trust and bond that will allow you to feel the confidence in investing in a foreign country. Please if I haven't called you and you need a question answered call me on my US #773-353-5069 or email me at fongna@gmail.com. I wish you a great start to your week and see you in Cabo soon. Cheers! Nick
Price Reduced on Montecristo in Pacific Side

Pacific Side, Cabo San Lucas  -  Announcing a price reduction on Montecristo, a 4,500 sq. ft., 3 bath, 3 bdrm 2 story split. Now $124,000 USD - Fractional Ownership.

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Tropical Storm Patricia Has Passed
With a week long of rain starting on Sunday, Tropical Storm Patricia has been keeping us very wet here in Cabo.  Today was the first day of dryness and we were back to the normal sunshine that blesses us over 300 days a year.  It is great timing with the Bisbee Fishing Tournament starting next week and will for sure be a warm welcome to a very dismal year in regards to tourism.  Make sure to come to Cabo soon before all the lush, greenery goes away.  We are experiencing so much more plant life right now due to the rain we have been getting and it's really something else especially when you are flying into Cabo.  At least for the next month expect more green than normal and hopefully more people too!  See you soon. 
Sample Mortgage Interest Rates Here in Cabo

Let me know if you are in need of a mortgage by emailing me fongna@gmail.com or calling me at 773-353-5069.   (Nick) 

New interest rates just on time for The High Season…and with NO UPFRONT FEES to your customers

ü  A 25% Down Payment is REQUIRED

ü  Lender will lend up to 75% (LTV) Loan To Value (Prior was 80% LTV)

  • 6.00% for a 3 Year Arm 15 Year Term @ 50% LTV (fixed for first 3 years 15 year loan)
  • 6.50% for a 3 Year Arm 30 Year Term @ 50% LTV (fixed for first 3 years 30 year loan)
  • 6.75% for a 3 Year Arm 30 Year Term @ 75% LTV (fixed for first 3 years 30 year loan)

  • 6.50% for a 5 Year Arm 15 Year Term @ 50% LTV (fixed for first 5 years 15 year loan)
  • 7.00% for a 5 Year Arm 30 Year Term @ 50% LTV (fixed for  first 5 years 30 year loan)
  • 7.25% for a 5 Year Arm 30 Year Term @ 75% LTV (fixed for first 5 years 30 year loan)

  • 7.75% for a 15 Year Fix Loan @ 75% LTV (fixed for the life of the loan)
  • 8.00% for a 30 Year Fix Loan @ 50% LTV (fixed for the life of the loan)
  • 8.25% for a 30 Year Fix Loan @ 75% LTV (fixed for the life of the loan)

ü  Lenders require a minimum Fico score of 680, the above rates were calculated for a Mid Fico Score of 700+

ü  Note: Interest rates vary depending on Fico Score, Program, and LTV and may change without notice

A Traditional Mexican Dish

Hey All,

Today was my wife's birthday and we had a party last night at our house with many friends.  I wanted to share with you a little bit about the Mexican delicacy we had.  It was a dish called Pozole which is pronounced "po sol a".  It's a wonderful dish that I have come to love.  It is a pork based soup with large kernals of corn and red chiles.  It is topped off with lettuce, onions, dry oregano, and radishes.  There are a different variations and for us it is a common dish we have for birthdays and holiday parties.  The next time you are here in Cabo make sure to try this authentic dish in the restaurants.  Not all restaurants serve it but if you happen to come across one make sure to try it and let me know what you think. 

One interesting thing is that you use the Pig's Head to make the Pozole and that was a very interesting sight to be seen 

Check it out here:

Pig's Head 

And finally the final dish ready to be eaten:

Pozole

Happy Mexican Independence Day!

Some Might think that Cinco de Mayo is Mexican Independence Day but it's actually Sept 15th!  Well in true Mexican fashion I wanted to offer something great to you in celebration and I think I have it right here.  It's a House for $175,000.  

Puerto de Hierro, Cabo San Lucas Corridor  -  Announcing a price reduction on Puerto de Hierro #8, a 1,600 sq. ft., 2 bath, 3 bdrm single story. Now $175,000 USD - Fire Sale.

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