CEM
Cabo Estate ManagementProperty Advisory | Los Cabos
Comparative Market Analysis | July 22, 2026

Ventanas de Cabo
Phase 3B

A condominium-only market analysis for a fully furnished two-bedroom, two-bath residence with panoramic ocean, Arch and city views.

Currency key: USD = U.S. dollars | MXN = Mexican pesos
2 bedrooms2 bathroomsFully furnished Two outdoor living areasAnnual rental + sale analysis
01 | Executive Summary

Market position at a glance

Research current through July 22, 2026
Indicated market value
$380K-$395K USD

USD | as-is, furnished, subject to unit verification

Suggested launch price
$395,000 USD

Review showing activity after 21-30 days

Annual rental target
$34K-$36K MXN

MXN per month | HOA included; utilities separate

Gross annual rent
Approx. $24.1K USD

U.S. dollar reference based on $35,000 MXN per month and the stated exchange rate

CEM conclusion

The subject appears to sit at the upper end of the annual-rental segment because of its elevated views, two distinct terraces, outdoor cooking area, fire feature and turnkey furnishings. For sale, however, current two-bedroom Phase 3B competition is concentrated at $380,000 and $390,000, while the wider Los Cabos two-bedroom condo market remains inventory-heavy. A disciplined launch at $395,000 is defensible, but the property should not be positioned materially above the direct Phase 3B competition without confirmed superior square footage, deeded parking/storage or meaningful recent upgrades.

Sale recommendation

Market value range$380,000-$395,000 USD
Recommended list price$395,000 USD
Price-to-move option$385,000 USD
Likely negotiation band3%-8% below list

Annual rental recommendation

Recommended asking rent$36,000 MXN (Mexican pesos) per month
Expected executed rent$34,000-$36,000 MXN
Lease structure12 months | HOA included
Tenant-paidElectricity, internet, gas

Why this conclusion is appropriately conservative

Primary sale weighting uses only active 2BR/2BA condominiums in Ventanas Phase 3B.
Houses, villas, townhomes and three-bedroom units are excluded from the direct sale calculation.
Rental pricing recognizes the property's superior terraces and view while respecting current same-phase competition.
The conclusion is adjusted for a buyer-friendly 2026 two-bedroom condo market with high inventory.
02 | Subject Property

What the supplied photos show

Covered terrace with outdoor kitchen and ocean view
Dining and kitchen Firepit terrace

Interior

Open-concept living, dining and kitchen arrangement; granite countertops; stainless-steel appliances; travertine-style floors; stone television wall; mini-split air conditioning and ceiling fans.

Sleeping configuration

Primary bedroom furnished with a king-size bed, built-in storage and walk-in closet. Second bedroom is configured with two individual beds, supporting families, roommates or visiting guests.

Outdoor living

One covered terrace includes a built-in grill and sink. A second terrace includes a stone fire feature, built-in bench and broad views over the community, city, ocean and Land's End.

Required verification before the report becomes a final listing CMA

The exact unit number, deeded interior square meters, terrace square meters, floor level, parking rights, storage rights, current HOA statement, property tax, fideicomiso cost, rental restrictions and inventory list were not provided. This report therefore uses the approximately 135-136 m2 / 1,450-1,463 sq. ft. range shown by the two closest active Phase 3B comparables as a working assumption only.

Property photo gallery

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