Exciting News for real estate investors!
Exciting News for real estate investors!
text by our Real Estate Expert Leysan Firdinat
Los Cabos surpasses Mexico City in short-term rentals revenue.
Did you know that Los Cabos, Baja California Sur, has surpassed Mexico City in revenue from short-term rentals?
Did you know that Los Cabos, Baja California Sur, has surpassed Mexico City in revenue from short-term rentals?
According to recent data, while Mexico City generates US $290 million per year, Los Cabos now generates an impressive US $320 million!
This means that together, both markets could generate around US $600 million per year! Alongside Mexico City and Los Cabos, Cancún and Tulum in Quintana Roo are next as Mexico’s largest markets for short-term rentals.
Mexico is proving to be a powerhouse in the vacation rental market, with significant growth even surpassing that of the European market.
In fact, an average home in Los Cabos has the potential to generate an average annual income of US $40,000 through short-term rentals even with a property manager taking a commission! Los Cabos has now become the most popular place to rent a short-term house or apartment, say several property management companies.
So whether you're a homeowner looking to capitalize on this booming market or a traveler seeking a luxurious vacation rental experience, Los Cabos is the place to be!
This means that together, both markets could generate around US $600 million per year! Alongside Mexico City and Los Cabos, Cancún and Tulum in Quintana Roo are next as Mexico’s largest markets for short-term rentals.
Mexico is proving to be a powerhouse in the vacation rental market, with significant growth even surpassing that of the European market.
In fact, an average home in Los Cabos has the potential to generate an average annual income of US $40,000 through short-term rentals even with a property manager taking a commission! Los Cabos has now become the most popular place to rent a short-term house or apartment, say several property management companies.
So whether you're a homeowner looking to capitalize on this booming market or a traveler seeking a luxurious vacation rental experience, Los Cabos is the place to be!
Don't miss out on this incredible opportunity!
