Get all the data you need about the real estate market in Cabo San Lucas
This blog post covers condo purchase prices in Cabo San Lucas in 2026, and we update it regularly so the data you see here is always current.
Whether you are thinking about Medano Beach or a more affordable inland neighborhood, the prices across Cabo San Lucas vary a lot depending on where you look.
Below you will find a full neighborhood-by-neighborhood breakdown of condo prices in Cabo San Lucas, from the most expensive areas to the most affordable ones.
And if you're planning to buy a property in this place, you may want to download our real estate pack about Cabo San Lucas.
A quick summary table
| Metric | Value |
|---|---|
| Most expensive Cabo San Lucas neighborhood for condos | Medano Beach |
| Most affordable Cabo San Lucas neighborhood for condos | Libertad / Lomas del Sol |
| Average price per square meter across all Cabo San Lucas neighborhoods | MXN 73,000/m² |
| Median condo price across Cabo San Lucas | MXN 6,200,000 |
| Lowest realistic starting budget for a condo in Cabo San Lucas | MXN 2,800,000 |
| Most expensive condo type in Cabo San Lucas (by bedroom count) | Two-bedroom condos |
| Most affordable condo type in Cabo San Lucas (by bedroom count) | Studio condos |
| Average price for a studio condo in Cabo San Lucas | MXN 4,200,000 |
| Average price for a one-bedroom condo in Cabo San Lucas | MXN 5,100,000 |
| Average price for a two-bedroom condo in Cabo San Lucas | MXN 6,700,000 |
| Price gap between the most and least expensive Cabo San Lucas neighborhoods | MXN 103,000/m² (Medano Beach vs Libertad / Lomas del Sol) |
| Price spread across Cabo San Lucas condo neighborhoods | From MXN 42,000/m² to MXN 145,000/m², a ratio of about 3.5x |
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Neighborhoods in the 2026 Cabo San Lucas condo market ranked by condo purchase price
This table ranks the top neighborhoods in the Cabo San Lucas condo market by purchase price, from the most expensive to the most affordable.
For each neighborhood, the table includes the average price per square meter, the median property price, the starting budget, the average price for a studio condo, a one-bedroom condo, and a two-bedroom condo, the typical property type, the key advantages, the key drawbacks, and the market segment.
Finally, please note you'll find much more detailed data in our real estate pack about Cabo San Lucas.
| Rank | Neighborhood | Average Price per Square Meter | Median Property Price | Starting Budget | Average Price for a Studio Condo | Average Price for a One-Bedroom Condo | Average Price for a Two-Bedroom Condo | Typical Property Type | Key Pros | Key Cons | Market Segment |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Medano Beach | MXN 145,000/m² | MXN 17,800,000 | MXN 6,000,000 | MXN 6,200,000 | MXN 8,900,000 | MXN 13,200,000 | Beachfront resort condos | Cabo San Lucas's best swimmable beach, excellent walkability, and the strongest resale story for first-time buyers looking at luxury | Entry prices are very high, HOA fees are significant, and true value condos are rare | Luxury |
| 2 | Pedregal | MXN 103,000/m² | MXN 10,200,000 | MXN 7,900,000 | MXN 7,800,000 | MXN 8,800,000 | MXN 10,700,000 | Gated ocean-view condos | Prestige, security, ocean views, and quick access to the marina and downtown Cabo make Pedregal unusually versatile | Steep hillside roads, elevated HOA costs, and the layout can reduce everyday convenience for some buyers | Luxury |
| 3 | Marina / Marina District | MXN 95,000/m² | MXN 8,900,000 | MXN 5,700,000 | MXN 5,900,000 | MXN 6,800,000 | MXN 9,300,000 | Walkable marina condos | Easy walking access to restaurants, shops, marina services, and Medano Beach without needing a car | Noise from nightlife activity and limited privacy can be a real issue for buyers seeking quiet living | Premium |
| 4 | Cabo Bello | MXN 88,000/m² | MXN 7,600,000 | MXN 4,900,000 | MXN 5,000,000 | MXN 5,900,000 | MXN 7,900,000 | Ocean-access lifestyle condos | Private beach access and a calmer atmosphere than central Cabo San Lucas make it appealing for residential buyers | Thinner inventory than other premium areas, and some pockets feel car-dependent for daily errands | Premium |
| 5 | Tourist Corridor (Cabo San Lucas side) | MXN 82,000/m² | MXN 7,000,000 | MXN 5,000,000 | MXN 4,900,000 | MXN 5,700,000 | MXN 7,300,000 | Corridor view condos | Better sea views and resort-style settings than inland Cabo at prices still below Medano Beach | A car is usually needed, and everyday services are less convenient than from central Cabo San Lucas | Premium |
| 6 | Misiones del Cabo | MXN 76,000/m² | MXN 6,400,000 | MXN 4,700,000 | MXN 4,500,000 | MXN 5,100,000 | MXN 6,600,000 | Oceanfront resort condos | Oceanfront feel, a recognizable community brand, and better value than headline Cabo beachfront neighborhoods | Older building stock is common, and some units need updating to compete with newer developments | Mid-Market |
| 7 | El Tezal West | MXN 63,000/m² | MXN 5,400,000 | MXN 4,100,000 | MXN 4,000,000 | MXN 4,400,000 | MXN 5,500,000 | Mid-rise view condos | A good balance between views, modern condo projects, and easy access to downtown Cabo San Lucas and local services | Highway-side traffic can be frustrating, especially during peak tourism periods in Cabo San Lucas | Mid-Market |
| 8 | El Tezal East | MXN 58,000/m² | MXN 4,900,000 | MXN 3,700,000 | MXN 3,700,000 | MXN 4,100,000 | MXN 5,000,000 | New-build family condos | One of Cabo San Lucas's deepest pools of newer condos, giving buyers more choice and more room to negotiate | Less prestige than beachfront areas, and walkability is weak in many Cabo San Lucas developments here | Mid-Market |
| 9 | Sunset / Rancho Paraiso | MXN 54,000/m² | MXN 4,500,000 | MXN 3,500,000 | MXN 3,400,000 | MXN 3,800,000 | MXN 4,700,000 | Hillside sunset-view condos | Strong views and newer product create a real lifestyle feel at a lower price than Cabo San Lucas premium zones | Hillside driving and distance from beaches make it less practical for some full-time owners | Mid-Market |
| 10 | Centro Cabo San Lucas | MXN 50,000/m² | MXN 4,000,000 | MXN 3,200,000 | MXN 3,100,000 | MXN 3,400,000 | MXN 4,200,000 | Central urban condos | Easy access to daily services and lower prices than the Marina or Medano Beach make it a practical starting point for first buyers | Less privacy, more traffic, and a weaker resort atmosphere than Cabo San Lucas's top condo neighborhoods | Affordable |
| 11 | Lienzo Charro / 4 de Marzo | MXN 46,000/m² | MXN 3,600,000 | MXN 3,000,000 | MXN 2,900,000 | MXN 3,200,000 | MXN 3,800,000 | Local residential condos | More local-resident pricing and good access to everyday needs mean budgets go further here than in central Cabo San Lucas | Limited luxury atmosphere and fewer iconic buildings reduce the trophy appeal compared to more established Cabo neighborhoods | Affordable |
| 12 | Libertad / Lomas del Sol | MXN 42,000/m² | MXN 3,100,000 | MXN 2,800,000 | MXN 2,700,000 | MXN 3,000,000 | MXN 3,400,000 | Budget hillside condos | One of the lowest realistic entry points for Cabo San Lucas condo ownership in 2026 | Thinner resale market and a more local feel mean less international polish than buyers may expect from a Cabo address | Budget |
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Key insights about condo purchase prices in Cabo San Lucas
Insights
- Medano Beach condos in Cabo San Lucas cost about 3.5 times more per square meter than Libertad / Lomas del Sol condos, which means moving one neighborhood inland can dramatically change what size and quality of condo you can afford.
- In Cabo San Lucas in 2026, a condo entry budget below MXN 4 million will almost always land you in an inland neighborhood, not anywhere near the beach.
- Pedregal condos in Cabo San Lucas have a higher starting budget than Medano Beach (MXN 7.9 million vs MXN 6 million), even though Medano Beach holds the highest average price per square meter overall.
- Marina District condos in Cabo San Lucas charge a clear premium over most other non-beachfront neighborhoods, and that premium comes almost entirely from walkability rather than any direct beach access.
- Cabo Bello offers a genuine ocean-access lifestyle at prices that are about 40% lower per square meter than Medano Beach, making it one of the stronger value options in the Cabo San Lucas premium segment.
- Misiones del Cabo delivers oceanfront exposure at roughly half the price per square meter of Medano Beach, which makes it one of the clearest value plays for buyers who want a Cabo San Lucas waterfront address without paying top dollar.
- El Tezal is the deepest mid-market condo zone in Cabo San Lucas in terms of available inventory, which gives buyers more choice and more negotiating room than almost anywhere else in the city.
- El Tezal West prices about MXN 5,000/m² above El Tezal East because the view positioning and overall project quality are typically better on the western side.
- Sunset / Rancho Paraiso condos are cheaper than Tourist Corridor condos despite offering comparable or stronger hillside views, which represents a genuine pricing inefficiency for buyers focused on lifestyle rather than prestige address.
- Two-bedroom condos show the sharpest affordability gap between Cabo San Lucas premium and local-residential neighborhoods: the spread between Medano Beach and Libertad / Lomas del Sol two-bedroom average prices is nearly MXN 10 million.
- Studio condos in Cabo San Lucas still carry a very high location premium near the beach: a Medano Beach studio averages MXN 6.2 million, which is more than double the MXN 2.7 million average for a Libertad studio.
- For first-time buyers in Cabo San Lucas in 2026, the strongest value combination of price, condo quality, and rental potential is likely found in Misiones del Cabo or El Tezal, not in the headline beachfront neighborhoods.
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About our methodology
Neighborhood-level condo price data for Cabo San Lucas is not published in a single official table, so we built our estimates by combining three types of sources: official Mexican government data for the broad market backdrop, active condo listings for micro-level pricing, and recognized local market reports for context on inventory, sales volume, and neighborhood positioning.
We also believe it is important to show our reasoning. It is one of the ways we make our work solid, transparent, and rigorous, just as you will see in our real estate pack about Cabo San Lucas.
First, please note that this data is updated regularly, so what you see here reflects the current values as of today.
In order to get reliable data, we applied a strict source filter. We only used authoritative, verifiable sources, not random listings or unsupported figures. More on that point below.
For each Cabo San Lucas neighborhood, we aggregated the freshest condo purchase price data available. When possible, we cross-checked multiple sources to confirm the same price range.
This allowed us to estimate the average price per square meter and the median property price for each neighborhood in Cabo San Lucas.
We also calculated the starting budget, which represents the lowest realistic entry point to buy a condo in that neighborhood in Cabo San Lucas. This is not the cheapest possible listing, but a real, achievable floor for a standard condo purchase.
For each condo category, we estimated an average purchase price based on local Cabo San Lucas market conventions. The typical size and layout of a studio, a one-bedroom, and a two-bedroom condo can vary across neighborhoods, so we adapted our estimates accordingly.
These estimates were not applied as one flat number across Cabo San Lucas. They were adjusted by neighborhood and condo type to better reflect local ownership conditions and price levels.
This table should therefore be read as a structured market estimate, not as an exact guarantee of transaction prices. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Cabo San Lucas.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our real estate pack about Cabo San Lucas, we rely on verifiable sources and a transparent methodology.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| INEGI | It is Mexico's official national statistics institute. | We used it to anchor our Cabo San Lucas market discussion in public-sector data rather than listing prices alone. It gave us the statistical backdrop on Mexico and Baja California Sur as a whole. |
| SHF Consultas | SHF is Mexico's federal mortgage finance agency and the official publisher of Mexico's house-price index. | We used it as our core official reference for the national housing price trend in Mexico. It helped us avoid treating Cabo San Lucas listing prices as if they reflected the whole market. |
| Banco de Mexico FX series | Banco de Mexico is Mexico's central bank and the official source for USD/MXN exchange rate data. | We used it as our reference framework for USD to MXN conversions, since many Cabo San Lucas condo listings are priced in dollars. We applied a late-March 2026 reference rate of approximately MXN 17.8 per USD. |
| Global Property Guide Mexico 2026 | It is a long-running international housing data publisher that cites official Mexican government sources including SHF. | We used it to quickly summarize the latest national housing price trend in Mexico. It pointed back to SHF's official data and helped us cross-check our macro market framing. |
| Cabo Real Estate Services Q4 2025 Market Report | It is a recognized Los Cabos market report built from local transaction data and listing activity in the region. | We used it to understand late-2025 condo sales volume, inventory levels, and days on market across Los Cabos. It helped us frame our April 2026 Cabo San Lucas neighborhood estimates within the current market cycle. |
| Cabo Coastal 2025 Condominium Market Report | It is a specialized condo market report focused on how different Los Cabos submarkets behave and price. | We used it to understand how Cabo San Lucas condo pricing splits between prime beachfront product and more value-driven inland stock. It shaped our relative ranking between luxury and mid-market condo neighborhoods. |
| Properstar Cabo San Lucas condos | Properstar is a large international property portal with broad condo listing coverage across Cabo San Lucas. | We used it to sample the live condo asking price distribution across Cabo San Lucas in 2026. It let us sanity-check our neighborhood pricing bands and starting budgets against real active listings. |
| Properstar El Tezal listings | It provides deep active listing coverage specifically for El Tezal, one of Cabo San Lucas's biggest condo search areas. | We used it to separate El Tezal from pricier beachfront zones in Cabo San Lucas. It helped us estimate entry pricing, common unit sizes, and bedroom-count pricing within El Tezal. |
| Realtor.com Portofino / Pedregal | Realtor.com is a major global property marketplace with detailed and regularly updated listing pages. | We used it as a fresh Pedregal condo data point in Cabo San Lucas. It helped us anchor realistic entry pricing for lower-end Pedregal condos in April 2026. |
| Realtor.com El Medano Ejidal / Coromuel | It is a recent, directly attributable listing in one of Cabo San Lucas's most searched condo zones. | We used it to anchor downtown Medano walkable condo pricing in Cabo San Lucas. It also helped us distinguish true Medano Beach pricing from cheaper inland central area pricing. |
| Realtor.com Misiones del Cabo 5306 | It is a current listing in a well-known oceanfront condo community in Cabo San Lucas with clear pricing data. | We used it to anchor Misiones del Cabo in the mid-to-upper condo price range. It helped us compare oceanfront corridor value against Medano Beach and Pedregal pricing in Cabo San Lucas. |
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