Recent Developments – LCM 47 Summer 2017

Recent Developments

Catch up on all the latest real estate news
By Carol S. Billups


New Condos Offer Views of Land’s End


Discovering Mexico—the developer behind Quivira—is back with Tramonti, a new condominium complex on the tourist corridor near Cabo San Lucas. The development will feature seven three- and four-story towers and gardens; many of the residences will offer views of the Cabo San Lucas Bay and Land’s End. The two- and three-bedroom units will be delivered starting in March 2018, and the developer is taking pre-construction sales for three of the towers. The ultra-modern design features high-end finishes and; they come completely furnished and with equipped kitchens. Tramonti owners are eligible for membership at the Quivira Golf Club and can enjoy the complex’s own amenities, which include a pool, clubhouse, gym, 24-hour security, and a private entrance. Prices start in the low $300,000 U.S. range, and developer financing is available in both peso and dollar plans with terms of two to 12 years at 0–9 percent interest. Discounts apply to cash transactions. Your MLS-BCS real estate agent can arrange a tour of the site and office.

Coronado Now Available for Presale

Quivira, the property often referred to as Sunset Beach, is home to a number of full-ownership opportunities in addition to the time-share products for which they are best known. The newest of these is Coronado, a community of 64 single-story hacienda-style homes on estate-sized lots that overlook the Jack Nicklaus-designed golf course and Pacific Ocean. Coronado is now available for pre-construction sale. These four- and five-bedroom residences offer up to 5,000-square-foot interiors with high-end finishes with an updated yet traditional hacienda style in one of five available floor plans. The standard and upgraded appliance packages feature Viking equipment. Each house will have a private pool, spacious terraces, fire pits, hot tubs, an outdoor bathroom, and barbecue area. The design also features regional flagstone floors on the terraces and wide pocket doors to the interior spaces to encourage indoor-outdoor living. Owners here will have access to the Quivira Golf Club as well as the private beach club, restaurants, spa, and gym. Prices in the pre-construction sales period range from $1.5 to $2.3 million U.S. with several developer financing options available.

Quivira Los Cabos Offers Unique Experiences

Copala has its own clubhouse, and owners here also enjoy access to the Quivira Golf & Beach Club.

Copala at Quivira is made up of single-family homes and condominiums, which are targeted at a slightly different market segment while still offering access to all the Quivira amenities. Copala is already delivering finished inventory, and preselling the condominium towers to come. Several developer financing options are offered for Copala with two years at 0 percent interest or more flexible plans in terms up to 12 years. For those with need for immediate occupancy, there are resale condominiums sold by individuals starting at $288,000 U.S. for a one-bedroom condo and resale homes starting in the mid $500,000 U.S. range. Copala has its own clubhouse in addition to having access to the Quivira Golf & Beach Club. The Copala clubhouse features a pool, gym, bar, deli, theater, and barbecue areas and is limited in use to Copala residents only. Coming soon: details on another Quivira spot that when added, will provide a Quivira product to appeal to all market segments.

Duara Developers Announce More Pre-Construction Sales

Duara has announced the availability of new condominium units on the inland side of the Cabo San Lucas end of the tourist corridor. These two- and three-bedroom units are priced starting at approximately $180,000 U.S. However, for budgeting purposes, buyers should consider that, as is the practice in some areas of Méexico, the units will be delivered without finished kitchens, closets, or air conditioning units. Your MLS-BCS real estate agent can fully explain the details and options.

Changes Coming to the Electric Company

According to Francisco Vargas Garibay, the chief operating officer of Innovación Solar, there are important changes coming to the federal electric commission that will impact users of solar panels and may be a further incentive to convert to solar energy. These changes will allow home owners whose panels over-produce to convert their credits into cash in the future. Currently, a home that overproduces simply acquires credit to be applied to future bills. Innovación Solar installs on-grid, off-grid, and hybrid solar systems throughout Los Cabos. For more information on what technology is available, consult their website: