A Little Fishing Village Paves the Way for Foreign Real Estate Development
Los Cabos has continued to be one of Mexico’s top destinations for foreign travel and real estate investment; but before the modern attractions of today, Los Cabos was first recognized in recent history as a small fishing village. It was the abundant source of tuna which first developed Cabo San Lucas’ commercial fishing in the 1920s. Fishing villages spotted the coasts from the Pacific to the eastern coasts of the Sea of Cortez. By 1927 the historic Cannery in Cabo San Lucas provided a living to native families for over 25 years.
By the late 1950s, the Mexican Government ended commercial fishing with the intention to develop Cabo San Lucas as a major tourist destination with a focus on sport fishing. The very first fishing resort, Rancho Las Cruces, was built on the beach near La Paz in 1950. Shortly after, in 1952, the fishing resort of Rancho Buena Vista developed in the East Cape. Further along the coast the development beginning the master planned community of Palmilla awakened San Jose del Cabo in 1956. By 1961 construction continued along the corridor with the Hotel Cabo San Lucas, which today is re-developing as the Chileno Bay Resort to offer fractional, full-ownership and home site lots along with Ocean & Golf Club amenities to name a few. Not until the early to mid 1970s did Hotel Finisterra and Solmar Suites complete construction in sequence with the Transpeninsular Highway and the Cabo San Lucas Marina to connect tourism both by land and sea. The expansion of the San Jose del Cabo airport in 1977 helped to bring hundreds and then thousands of visitors to Los Cabos to enjoy more than 60 miles of coastline and fishing waters from Cabo San Lucas to the East Cape.
By 1981, Bob Bisbee started the Black & Blue Marlin Tournament that has now attracted up to 150 teams of sport fisherman today with one of the largest payouts in sportfishing history. After 20 years the Bisbee Family expanded with two additional tournaments; the East Cape Offshore Tournament in Buenavista and the Los Cabos Offshore Tournament. Through the 80s and 90s as sportfishing was developing great acknowledgements in Los Cabos as the world’s top destination for sport fishing. Simultaneously, FONATUR - a Mexican government agency in charge of development and tourism, began researching and supporting golf course development which further opened Los Cabos to sportsman from around the world. Naturally, the hundreds and thousands of tourists visiting this area to fish, golf, or enjoy the pristine beaches further inspired the varieties of resort, condominium and planned residential communities into our landscape.
Today’s Hacienda Cabo San Lucas, marina front condominiums and the 330 acre Pedregal Community are some of the most sought after real estate by fishing and boating enthusiasts. The mountain top homes and condominiums offer views and easy access to the Cabo San Lucas Marina. Condominium resorts along the Corridor are favorite vacation homes for those who like surf fishing for Roosterfish, Mackerel, Grouper, Snapper, Yellowtail, Dorado and more. More residential real estate for the sophisticated fisherman and boater developed with the Puerto Los Cabos Marina in San Jose del Cabo, beginning in 2005. The Marina Center at Puerto Los Cabos hosts dry dock storage and a repair yard with the largest 150-ton Travelift in the southern Baja. These amenities as well as beach clubs, a future Yacht Club and the ability to host 200 feet long yachts has attracted new real estate development in Puerto Los Cabos’ Residential Communities. Here you can expect to find condominiums and homes with outstanding views to the Marina and Sea of Cortez, as well as beach front properties integrated with a composite golf course designed by Jack Nicklaus and Greg Norman, with another 18 holes planned soon.
A true fisherman takes his/her sport seriously and when it comes to selecting a vacation home in Los Cabos it is important to make sure the property has all of the characteristics to make the home the perfect place to be when you are not on the water! Some properties can accommodate a boat trailer, other homes have attractive design elements like built-in fish filet station for when you arrive home with your catch. Other homes have ocean and marina views with the convenience of proximity to the marina, or you may prefer a property that is just steps away from some of the best shore fishing locations.
No matter where one chooses to place their head at night, the true adventure will still be found reeling in the prize catch of the day.
Contact Michelle at michelle@DreamHomesOfCabo.com, MX Cell: 011-52-1-624-157-1775, Vonage: (908) 864-0530