Property owners in Mexico – Two annual dues 1

Property owners in Mexico: There are two annual fees to be paid in January for those who own property in Baja California Sur. Mexican property taxes are known as predial and like most other counties and municipalities these taxes are used to operate local governments. Similar to our north of the US – Mexican neighbours, there is a discount for paying the entire tax early; paying by the end of January you receive a 20% discount, February for a 15% discount, March a 10% discount and April, a 5% discount.  In Mexico property tax statements are not sent out in the mail; one must go to the local Public Registry office or access the Municipal website –  https://www.tesoreria.loscabos.gob.mx/

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Thousands of Dollars Lost in Cabo Real Estate

Thousands of Dollars Lost: Buyers beware! Investing in a property in Cabo is everybody’s dream. However, many Buyers are losing thousands of dollars by not working with a qualified real estate advisor or what is also known as a “Buyer´s rep.”. What many Buyers don´t realize is that using a qualified real estate advisor will not cost the Buyer a dime but rather save the Buyer thousands of dollars.

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