️ Cabo’s Surprising Real Estate Boom

Even during the pandemic, Los Cabos results in real estate are amazing. During the month of January and February of this year, real estate sales soared 60 percent above last year’s numbers. According to Jorge Balderrama, Policy Director for Airbnb Mexico, the pandemic and subsequent change to working abroad, and home schooling drove many Americans and Mexican National to move their residence to other areas, Cabo being everyone’s favorite. Rafael Covarrubias, CEO of Discovering Mexico, stated that only 5 percent of his company’s sales were for rental purposes. 

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Gringo Gazette
The Gringo Gazette is Baja California’s English-language newspaper for expats, travelers, and locals who love the peninsula as much as we do. We cover life, culture, food, wine, and all the good news south of the border—because our motto is simple: No Bad News.
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