Condos Delmar, Cabo Corridor

$2,900,000
Property Type MultiFamily Square Footage 17,216 Status Active
Current Price $2,900,000 List Date 3/06/2026 Last Modified 4/24/2026

Overview

Description

Excellent investment opportunity along the highly desirable Cabo San Lucas Corridor, one of the fastest-growing areas in Los Cabos. Ideally located just minutes from downtown Cabo San Lucas, shopping centers, hospitals, restaurants, and the beaches of the Sea of Cortez, this multi-unit apartment complex offers both convenience and strong rental demand. The property is fully walled for added privacy and security and features a total of 14 residential units, including 8 two-bedroom, two-bath apartments and 6 one-bedroom, one-bath units, making it attractive to a wide range of tenants. The complex is currently approximately 90% occupied, providing immediate income potential for investors.

Supplements: Residents enjoy access to a community swimming pool, and some units have been recently remodeled, enhancing the property's appeal and long-term value. With its central location along the Corridor, tenants benefit from easy access to both Cabo San Lucas and San José del Cabo, as well as nearby grocery stores, medical facilities, and major transport ...

Listing Details MLS# 26-1152

Address

Property Name
Condos Delmar
Zone
Cabo Corridor
Area
CSL Cor-Inland
Community
El Tezal-West
Subdivision
El Tezal W:General

General Description

Construction
Completed
Price (USD)
2900000
Seller Financing Offered?
No
Total M2
1600
Total SqFt
17216
Lot M2
1666.37
Year Built
2001
Primary View
Ocean
Secondary View
Territory
Stories
2
# Units in Develop
14

Contract Data

Begin Date
2026-03-06

Road Type

Dirt Maintained- Terraceria con Mtto.
Yes

Common Amenities

Pool
Yes

Title

Escritura
Yes

More Information

How to Show

Agent To Accompany-Acompanado de Agente
Yes
By Appointment Only- Solo Cita
Yes
Call Agents Office
Yes

Electricity

CFE
Yes

Property Features

Common Amenities Pool How to Show Agent To Accompany-Acompanado de Agente; By Appointment Only- Solo Cita; Call Agents Office Road Type Dirt Maintained- Terraceria con Mtto. Electricity CFE Title Escritura
IDX
Source MLS Verified
Last Updated: April - 24 - 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.

Financing estimate for a foreign buyer

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

$16,605 USDestimated monthly principal & interest · 30-year term · 10.045% illustrative rate
List price
$2,900,000 USD
Down payment (35% minimum)
$1,015,000 USD
Loan amount
$1,885,000 USD

Published one-time costs

Loan origination (3% + $2,600)
$59,150 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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Contact

RE/MAX Cabo Sanctuary Plaza de la Misión, Local 7, No. 1769
Boulevard Antonio Mijares
San José del Cabo, BCS, CP 23400

+52 624 266 1226
info@mlrealtor.com.mx

Office · Mon–Fri, 9:00 AM – 5:00 PM · Sat, 9:00 AM – 2:00 PM
Marvin, daily on WhatsApp · 7:30 AM – 10:30 PM PST

RE/MAX Cabo Sanctuary

Sales Associate at RE/MAX Cabo Sanctuary
LIC-RAPIBCS-AI-3690

ML Realtor es el nombre comercial de Marvin Landa Olivares — no propietario de la franquicia RE/MAX.

Equal Housing Opportunity
Marvin Landa Olivares — Cabo San Lucas
Callejón Cabo San Lucas y 12 de Octubre, S/N, Int. 402
Col. Matamoros, C.P. 23468
Cabo San Lucas, Los Cabos, Baja California Sur, México

All prices are in U.S. Dollars. Peso figures are indicative: under Article 8 of the Monetary Law, the amount recorded in the deed is the peso equivalent at the official exchange rate on the payment date. Read the full NOM 247 notice.

ML Realtor
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