Title: The Real Cost of Buying Property in Cabo
You're budgeting for the home price. But are you ready for the 5%–8% on top?
Real numbers on a $1.5M Cabo luxury purchase:
• ISABI acquisition tax (3%): $45,000
• Notario fees: $22,500–$45,000
• Fideicomiso setup: $2,500–$4,000
• Independent attorney: $1,500–$5,000
• Title insurance (recommended): $7,500–$10,500
• Plus permits, translations, wires
Total closing costs: $80,000–$120,000 on top of the $1.5M.
Once you own it, plan another 1.5%–3% of purchase price annually for HOA, taxes, utilities, and maintenance.
The buyers who walk in with the right number have stress-free closings. The buyers who don't have hard conversations during escrow.
DM me for a full closing-cost worksheet for any property you're considering.
📞 (916) 756-9145
🌐 JoeSellsCabo.com
