Thursday, December 11, 2008

Christmas and New Year Weeks


The continued lack of confidence in the US economy is starting to have an effect in Cabo. In years past Sun Cabo has had to search hard to discover new properties to meet the demand for guests looking to spend the holidays in Los Cabos. This year in some sections of the market there are still opportunities for the last minute deals.


There are not many houses open for dates after December 26th going into the New Year but many of our properties are still unbooked for Christmas. There are some great value deals on offer. For a look at some of the houses still available please visit the following web page:
www.suncabo.com/HolidayVillas.asp

Friday, November 21, 2008

Weddings in Cabo


Weddings and brides in particular used to make me turn and run for the nearest hiding place I could find, ideally on the beach with a cold Corona. That was until Sun Cabo met a happy couple who would not let us say 'no' to them. The result became a journey of discovery for us as a company and the start to a great friendship with Melina and Christian Davies from Beverly Hills, CA.


For years Sun Cabo has concerned itself with the excellence of the properties it represents in Cabo San Lucas, San Jose del Cabo and the area around both. In 2004 we realized it was time to take more control of the experience our clients had when in Cabo and we formed a new company, Los Cabos at Your Service (LCAYS). Our clients loved it, we were fortunate to know a number of the best chefs and butlers in Cabo and employed them but still we hid from the guests wanting to get married in Cabo. We simply passed them to one or two of the established wedding coordinators working in Cabo.


This changed for good when Melina refused to hear my excuses and soon at her pushing we were finding out not only could we put a wedding together but we could do so as well as any existing coordinator. I can, in all honesty, say that the Davies wedding at Club 96 and the events before and after were wonderful and enjoyed by all the guests and family, I am certain of this becasue my family and I were invited and shared a wonderful weekend of celebration in Villas del Mar.


So if you are looking to get married in a destination and Cabo is an option for you, please ask for our help. I promise I will stay on the line and not scurry for the exit to find a cold Corona and a safe hiding place.

Thursday, October 30, 2008

Sun Cabo Signs Exclusive with Villa La Roca

Sun Cabo Vacations is very pleased to be able to offer one of the finest luxury villas in Cabo San Lucas - Villa La Roca. Perched high atop the cliffs of Pedregal, Villa La Roca has fantastic unimpeded views of Lands End as well as the Pacific Ocean.

The decadence of the colonial era is the inspiration for the formal dining room of Villa La Roca. There is orante decor and elaborate art througout the entire villa.

If you've been searching for the ultimate in luxury - Villa La Roca is the perfect villa for you and your guests.


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Wednesday, October 15, 2008

Bisbees Fishing Tournament

It's that time of the year again when some of the best fisherman from all over the world come to Cabo San Lucas to participate in the worlds richest fishing tournament. Of course, we're speaking of the one and only Bisbee's Black and Blue tournament.
There's already well over 100 teams entered this year and the competion will be stiff as teams compete to win up to $4 million USD in prize money.


Most fisherman that stay with Sun Cabo Vacations prefer to stay in the hills behind cabo in an area called Pedregal. Here you can find over 70 vacation rental properties anywhere from $400 per night all the way up to $7000 per night. Whatever your fishing budget, Sun Cabo has a villa to suit your fishing needs.

For more information on the Bisbees fishing tournament you will want to check out www.bisbees.com for all the details. If it's a villa you need for your group. The staff at Sun Cabo will be happy to help you find the perfect luxury vacation villa.

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Friday, October 10, 2008

Real Estate in Cabo

A drive around Pedregal at present will convince you that nearly everything is listed and must be sign of the financial crisis we are all watching unravel. The truth is that while some of the listings are recent the quantity of 'For Sale' signs is more to do with the lack of purchases in the last 18 to 24 months.

Cabo during 2002 to 2006 saw huge increases in house prices and development. The Cabo market became overheated and was due a correction even before the down turn in the real estate market in California and other parts of the US. The fall in house values added to the screeching halt that occurred in re-sales of homes in Pedregal and some of the more established communities in Los Cabos.

During the last 12 months there have only been a couple of sales in Pedregal, insufficient to provide enough data to assess the status of the market. Most appraisals are performed using comparative information but if there is nothing to compare to it is impossible to know how far the market has fallen or when it will stop.

I real estate the true value of a property is only found when you have a vendor, a buyer, and an agreed price. What is evident is that Cabo remains a very desirable place to own a home for folks from the US and Canada. Lots and parcels of land are selling, construction continues even if it is at a slower pace than 12 months ago. If you are interested in buying in Cabo it is a good time to be looking, if you are looking to invest it is even better.

Any downturn in an economy will cause some people to need to second homes, particularly if those properties are not producing income. Often this will be the only major asset they can look to realize. With many new home owners in Cabo this is exacerbated because the house is costing money to maintain and they may have needed to finance against their main residence in the US to buy the house in the first place. It is to be expected that there are some owners who need to sell, if the financial crisis continues for any length of time and credit becomes even harder to find that number can only increase.

The result is that real estate will become even more of a buyers market than it is already. Anyone with money looking for opportunities should start looking or contact a buyer's agent to have them keep an eye open for distressed sales. If you need help feel free to drop me an email.

Hurricane Norbert Fizzles in Cabo

Much of Cabo San Lucas was expecting the worst as Hurricane Norbert approached over the last few days. All of the property managers have been hurriedly preparing the beautiful luxury villas that Cabo San Lucas has become know for. Storm shutters are up - all the luxury patio furniture has been safely stowed.



It looks however that Cabo San Lucas will once again be spared. According to the reports at the National Hurricane Center - Hurricane Norbert is now tracking quite a bit more northerly and a Tropical Storm warning has been issued from Agua Blanca to Mulege.


It has just started raining at about 9:00am local time and they do expect a lot of wind and rain in Cabo San Lucas, but thankfully the brunt of the storm will not hit here this time.



Hurricane Norbert

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