Tule Boutique Development, San Jose Corridor
Property Type
Commercial
Square Footage
6,952
Status
Active
Current Price
$2,950,000
List Date
6/02/2026
Last Modified
6/22/2026
Overview
Description
Rare investor opportunity in the San José Corridor. 2 luxury residences fully completed and move-in ready. 8 additional units with land secured and full blueprints in place -- ready to build to buyer's vision. At $2,950,000 for all 10 units, entry is $295K/key. Three exit strategies: complete & sell ($8.5M+ projected revenue, 183% net ROI), operate as STR portfolio (15.6% annual net ROI), or live in the completed units and build the remaining 8 via presales. ICF construction, private pool per unit, rooftop terraces with ocean views, 24kW generator, LG VRF A/C. Seller motivated, open to advising buyer. Seller financing available. Price negotiable. Full blueprints and due diligence package available after NDA.
Supplements:
Corporate retreat or co-living concept, Exclusive rental community.
Located in the high-demand Corridor between Cabo San Lucas and San José del Cabo, the project benefits from exceptional visibility, strong rental demand, and year-round tourismmaking it ideal for investors seeking both immediate returns and long-term growth. Qualified buyers will
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Corporate retreat or co-living concept, Exclusive rental community.
Located in the high-demand Corridor between Cabo San Lucas and San José del Cabo, the project benefits from exceptional visibility, strong rental demand, and year-round tourismmaking it ideal for investors seeking both immediate returns and long-term growth. Qualified buyers will receive: Full financial analysis, Exceptional projected ROI, Architectural renderings.
This is a strategic opportunity to acquire a nearly completed development built on a foundation of unmatched quality, with the flexibility to transform it into whatever concept delivers the highest returns.
Listing Details MLS# 25-5460

Last Updated: June - 22 - 2026
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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.
$16,891 USDestimated monthly principal & interest · 30-year term · 10.045% illustrative rate
- List price
- $2,950,000 USD
- Down payment (35% minimum)
- $1,032,500 USD
- Loan amount
- $1,917,500 USD
Published one-time costs
- Loan origination (3% + $2,600)
- $60,125 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.
Ask about financing this property
Done. You'll hear from me the moment anything changes on this one.