Price: $139,000

“Amazing Value”

3 Bedroom

3 Bath

2,000sf

Owner is selling his Cabo home. Great place to escape the winter months.

This home is located in a compound consisting of 14 other homes.

Paloma village was the first original settlement in Cabo and as such enjoys old growth jungle like plants and trees.

The homeowners here have for the most part been here for many years as a family investment. We have owners form Canada, colorado,Texas , California.

The typical homeowner is 50-60 and this is a second home for most.

The entire area is very safe, quiet and centrally located.

We have owned this home for 5 years and everything is in great condition and working fine. We keep things up.

I are selling because we also have another home on the beach and currently don’t need two homes in Cabo.

This property consists of two bedroom suites with full baths a third small bedroom a large kitchen, living room, laundry room , third bathroom, an out door bodega, a rooftop patio with great views of the ocean and Cabo, and an out door porch palapa.

I have had the property appraised at $380k the property also comes furnished move in ready.

Paloma village has been in operation for about 70 years

They offer perpetual land lease with a 100 year renewable.

The monthly fee is $815 and includes pool, security, garbage collection, community events and overall maintenance.

This is a great deal for a couple of reasons

*The cost of property is about 50% of actual value.

*You pay no tax on the sale of property if you ever sell ( as opposed to 30% Mexican tax).