#39 Cabo San Lucas, Mexico
Population: Just over 68,000
Average Annual Temp: 88°F
Cabo San Lucas, Mexico is a popular vacationer’s paradise just off the southern tip of California. Bordered by the Sea of Cortez and the Pacific Ocean, the peninsula offers a diverse landscape of long wide beaches, expansive desert terrain, and cool mountains and valleys. World-class resorts and hotels lure vacationers with the finest in luxury accommodations.
Loads of expats also call this tourist hotspot home. The weather, location and relatively lower cost of living are tremendous selling points. Just 2-1/2 hours by air from Southern California, or a drive across the border, make for an easy move. Expats enjoy the Mexican culture and values in Cabo, yet appreciate its U.S. influences, modern infrastructure, and safety record. Cabo is a prime location for the active-lifestyle expat.
U.S. investors are swarming Cabo’s real estate market. Land and property prices are on the rise, but prices remain affordable comparatively speaking. Expats can choose from a vast inventory of homes in new developments and well-established expat communities. Prices vary drastically depending upon geographic location.