Surge in Los Cabos Vacation Rentals Driven by Foreign Investment
Los Cabos, a popular beach destination in Mexico, has been experiencing a surge in vacation rentals as foreigners flock to buy properties in the area. According to local real estate agents, the demand for vacation homes in Los Cabos has been on the rise, and the trend shows no sign of slowing down any time soon. Investors from the United States, Canada, and Europe have been the primary driving force behind the increase in vacation rental properties in Los Cabos . Besides being attracted to the warm weather and stunning seaside views, foreign investors are drawn to the relative stability of the Mexican market and the favorable exchange rate. With the rise in demand for vacation homes, prices have been steadily increasing. For instance, some high-end villas in Los Cabos are priced at over $20,000 per week during peak season. Even mid-range properties can fetch as much as $2,000 per week during the high season. The increase in vacation rental properties has had a ripple effect on...