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That is why the Mexican coastlines. Since this 80’s, tourists have
business community believes been attracted by the sport fishing,
“…communication will carry on golf, amazing surfing and swimmable
and understanding between the beaches, under sunny skies almost all
governments and common sense year round.
will prevail.” This is according to the Formerly considered a retirement
president of the American Chamber destination, the Los Cabos has found
of Commerce of Mexico (ACC), José more and more families are looking
María Zas, as reported in Mexico News at it as their second home location
Daily. Zas further notes that “Proof of with space and activities for children
the strength of the relationship lay in and grandchildren, and as such, long-
the expectation that U.S. investment term investments. Sales reported to
in Mexico this year will total some multiple listing services were “… up
$23 billion. The total last year was $20 18 per cent in 2014 compared with the
billion.” year prior…” noted in a recent article
So the election, though quite divisive, in The Wall Street Journal.
should not slow down the increase in With the U.S.’s California prices
luxury development in Mexico that has continuing to increase, Los Cabos,
been noted this past year, particularly Mexico is even more attractive to
in Los Cabos, Mexico where the second-home purchasers as well as
climate, lifestyle and proximity to the larger more commercial investments.
U.S. offer immeasurable advantages. Luxury resorts such as The Residences
Los Cabos is found at the tip of at Solaz, a Starwood Luxury Collection
Mexico’s Baja California Sur and along with major hotel brands such as
includes two main towns; Cabo San the JW Marriot, Ritz-Carlton, Four-
Lucas where the Sea of Cortez meets Seasons all have projects in Los Cabos.
the Pacific Ocean and San Jose del In spite of the political drama, there is
Cabo, an old town established at a no cause for alarm. All is good on the
freshwater estuary and abounds with U.S.-Mexico economic front. In fact, I
wildlife including endemic species. predict even more economic growth in
Between the two towns is a twenty- both countries, but specifically larger
mile ‘Golden Corridor’ where many investments in the luxury market in
of the beaches, resorts and luxury Mexico.
residential developments are located,
with many more to come along both
Dieter Esch
Chairman
www.oceanblueMAGAZINE.com 21
