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 There are housing rental agencies in East Cape, but most of activity, including the major shopping markets, goes on further south along Mexico Highway 1. This area brought attention to itself only after the founding of a hotel there, Rancho Buena Vista, in 1953. This hideaway had to build its own airstrip because access to the area was so limited. In that sense, the area bares a similarity with certain remote areas of Australia.
The temperament of the visitors has kept nightlife and other trappings of typical beach resorts at bay. Los Barriles and the surrounding East Cape have a more casual atmosphere yet are still convenient to the shopping and supplies of the Los Cabo Region. Many areas are only accessible via dirt roads.
Some have identified the strip of beachfront from La Playa to Los Barriles as “the New Corridor”, although it still has some way to go.
Land turnover is much less than Cabo, which means that the ownership of these places can be even murkier than in the more tried-and-true destinations to the south. Nevertheless, this situation is getting better all the time, as the world’s fifth largest economy, California, extends its real estate luster down the peninsula that shares its name.
Full-service luxury communities are being built but are still relatively more expensive than places like Mazatlán, or San Carlos, which are closer to the “civilization” hub of the Mexican mainland.
One of the few population centers in the area is Los Barriles, which seems to move at a pace completely detached from the rest of the world. People there have yet to be jaded by the crowds. The flip side of this is that less of the working staff speak English.
Whether you’re an experienced real estate investor with a diversified portfolio or just looking for a getaway home, East Cape real estate offers some amazing opportunities.
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