Calle Davis esq. Salvatierra, Papagayo, Loreto

$849,000

Property Type Commercial Square Footage 2,873 Status Active

Current Price $849,000 List Date 6/01/2026 Last Modified 6/01/2026

Overview

Description

Exceptional mixed-use investment opportunity in the heart of Loreto. Located on a prime corner lot directly on the historic town plaza and along the main pedestrian route connecting the Malecón to downtown, this 629.40 m² property offers unmatched visibility and potential. The property features 267 m² of construction and is currently occupied by two established tenants, providing immediate rental income. Flexible mixed-use zoning allows for residential, commercial, or combined development. A beautifully landscaped rear garden creates a rare private oasis in the center of town. Surrounded by restaurants, shops, the marina, and Loreto's vibrant waterfront, this is an ideal opportunity for investors, developers, or entrepreneurs seeking income, redevelopment potential, and long-term.

Listing Details MLS# 26-2651

Location, Tax & Legal

Tax ID Number: 501-001-005-018
Taxes (Pesos): 2958.3

Address

Property Name: Papagayo
Street Name: Calle Davis esq. Salvatierra
Zone: Loreto
Area: Loreto
Community: Centro
Subdivision: Centro

General Description

Construction: Completed
Price (USD): 849000
Seller Financing Offered?: No
Total M2: 267
Total SqFt: 2872.92
AC M2: 267
AC SqFt: 2872.92
Decks/Patios M2: 362.4
Decks/Patios SqFt: 3899.42
Lot M2: 629.4
Primary View: City
Secondary View: Local

Contract Data

Begin Date: 2026-05-29

Road Type

Paved: Yes

Location/Ubicacion

Other/Otro: Town square

More Information

Title

Titulo: Yes

Dimentions/Medidas

Front/Frente: 16.35
Back/Fondo: 16.90

Flooring/Tipo Pisos

Ceramic Tile: Yes

Ceiling/Techos

Plastered: Yes

Cooling/Enfriamiento

Split: Yes
Fans/Ventiladores: Yes

Electric/Electrico

CFE: Yes

Water

Muni: Yes

Sewage

Muni: Yes

Potential Use

Commercial Unit: Yes
Restaurant: Yes

Property Features

Road Type Paved Potential Use Commercial Unit; Restaurant Title Titulo Water Muni Sewage Muni

Last Updated: June - 01 - 2026

All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of MLS BCS and may not be the listings of the site owner.

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Financing estimate for a foreign buyer

Illustrative only — not an offer, not a pre-approval, and not a quote from a lender.

$4,861 USDestimated monthly principal & interest · 30-year term · 10.045% illustrative rate

List price: $849,000 USD
Down payment (35% minimum): $297,150 USD
Loan amount: $551,850 USD

Published one-time costs

Loan origination (3% + $2,600): $19,156 USD
SRE permit (restricted zone): $1,272 USD
Bank trust setup — INVEX, incl. 16% VAT: $1,276 USD
Bank trust, each following year: $638 USD

Not included above, because these are negotiated or set per transaction rather than published as a fixed rate: the acquisition tax (ISAI, a municipal percentage that varies by municipality), notary fees, appraisal, registry fees and title insurance. Those come from your notary and closing agent, and I can walk you through them for this specific property. Each one is broken down, concept by concept, in the guide to closing costs in Los Cabos.

A foreign buyer on this coast holds title through a Mexican bank trust rather than directly. How it works, what it costs each year and how it is renewed is explained in the guide to the fideicomiso, the Mexican bank trust.

Rate shown is the illustrative rate published by MoXi · Global Mortgage; the actual rate is set as U.S. 3-year Treasury + individual margin and depends on your credit profile. Peso amounts converted at 17.0245 MXN/USD (August 17, 2026). Figures reviewed August 20, 2026. Sources: MoXi, SRE, INVEX.

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