Villas For Sale at Villa La Estancia
Cabo San Lucas, Mexico
Cabo San Lucas, Mexico
Fractional Ownership has grown to become increasingly popular in recent years among people looking to enjoy the benefits of luxurious possessions with shared ownership.
What is Fractional Ownership?
The simplest description of Fractional Real Estate Ownership is ‘shared ownership of a deeded property, with usage rights based on time’. The purchasers have a stake in an asset without having to pay for the entire property.
Because each owner holds an equal part of the Title, the buyer owns partial equity in a valuable asset. As the value of the property appreciates so, too, does the purchaser’s equity.
Generally, a management company takes care of service and amenities.
Can U.S. or Canadian citizens buy Real Estate in Mexico?
Yes, citizens from other countries are eligible to buy real estate in Mexico, but it must be done through renewable bank trusts known as fideicomisos.
A ‘fideicomiso’ is a 50-year, perpetually renewable and transferable Bank Trust which allows foreigners to acquire irrevocable and absolute ownership rights to property in Mexico. This Trust is the legal equivalent of fee-simple ownership and is provided specifically for non-nationals, allowing them to own coastal and border property.
What is the most common types of fractional ownership in Los Cabos?
Fractional ownership properties in Los Cabos tend to be ocean view homes or villas, many of which are part of private residence clubs offering upscale amenities that are shared with neighboring owners. These amenities often include tennis courts, fitness facilities, business centers and concierge services.
The most common and best option is ¼ ownership (.25%), where four owners hold equal ownership percentage.
Typically there are three seasons: Winter, Spring and Summer and each quarter owner would receive one month (30 days) in each season in a rotation each year within a selective lottery process. Each year, each owner will receive a desired month guaranteed.
There is also the possibility of trading time with other ¼ fractional owners.
What is the investment potential?
Fractional Ownership provides an opportunity to build equity, as well as, an ability to rent some or all of your usage rights, allowing you to recoup your initial investment in the process.
Is fractional ownership right for you?
Fractional Ownership is more affordable than a traditional real estate investment model, with a lower overall down payment and fewer worries with regards to maintenance and property ownership responsibilities.
We want to say a huge thank you to Giovanni and his team for our experience in listing and selling our condo, PH 1806. We chose Giovanni because of our experience with allowing him to rent our unit. He handled his bookings well, stepped up when there were issues with guests and always paid on time. Clear expectations for our interactions were set from the beginning and he exceeded those expectations.
From the listing agreement to the close, Giovanni’s persistence, tenacity and drive were exhibited on our behalf. He brought together all the different parties to achieve the goal which resulted in one of the fastest offer to close sales at Villa La Estancia. If you are looking for results and someone who will go the extra mile for his clients, I would consider Giovanni and his team.
Giovanni Giammarco is an outstanding Real Estate agent to work with. He is a skilled listener and negotiator, with in-depth knowledge of the local markets. My husband and I listed our quarter-share villa with him and his team.
Although the buying market was slow, at no point did his dedication to selling the property waiver.
Giovanni was never too busy to answer questions and offer good advice. He was available to us within minutes seven days a week.
Giovanni Giammarco and his team at The Agency Los Cabos listed our Condo for us in Cabo San Lucas Mexico at Villa La Estancia.
We would recommend Giovanni & his team to represent you throughout the entire process of selling your home; at every showing, and walk thru, they were there to protect us and our interest even though he represented both seller and buyer. He and his expert team did an excellent job listing our condo and getting it quickly on the market. We were able to get an offer within a short amount of time and they helped usher it through the Mexican real estate process which is very confusing.
Giovanni is very personable, easy to talk to, and can be reached at any time.
He went above and beyond to obtain answers to every one of our questions and was reassuring and calming if any fears arose.
If you are looking for a real estate agent or rental company we can recommend Giovanni Giammarco without hesitation.
My family has been traveling to Cabo for vacations for the last 8 years. Almost every time we booked a room at Estancia using Giovanni and his team. Each stay was spectacular – hence the reason we kept coming back year after year. When we were here on vacation earlier this year with our two little boys, Giovanni put us in a ground floor unit for the first time. It was absolutely AMAZING for having little kids and it just so happened there was a 3 bedroom ground floor unit for sale. After telling Giovanni how much we loved Estancia and how much we loved the ground floor unit, we immediately began talking about the unit for sale. My wife and I were torn between a 2 bedroom or a 3 bedroom unit. We made extra trips down to Cabo so Giovanni could show us more units to make sure we were getting the best one for the family to enjoy and also as an investment. After all the deliberating, Giovanni helped us purchase TWO units that we absolutely love – one 3 bedroom unit and one 2 bedroom unit.
I myself am an engineer with a very critical attention to detail. I had an enormous amount of questions going into this process from an ownership perspective and an investment perspective. I probably pinged Giovanni with hundreds of questions over the 1-2 months we were going through the process and he was able to promptly answer every single one, or point me in the direction of where I could find the answer. Giovanni was also the architect of a ‘soft close’ design that we used on each property so we could take possession prior to finalizing all the trust documents (which takes several months). This allowed us to start using and renting the properties in time for the busy holiday season, which was awesome!
From an investment perspective Giovanni’s help with the Agency Los Cabos was invaluable. No one is more familiar with the Villas at La Estancia than he is, especially when it comes to the rates each room can achieve throughout the year, percentage occupancy, etc. What’s even better is Giovanni’s site draws the most traffic of any website for Cabo vacations and he was able to help us start renting our properties immediately. It has been four weeks since we soft-closed on our first property and only two weeks since soft-closing on the second property, and Giovanni has already helped us book more than a half dozen rentals over the next several months. He has a great team that has been working with him a long time – Samantha, Val, Dan, etc. and they all work seamlessly together through the booking process. There is no doubt in my mind that I would NOT have made these two investments if I didn’t have a solid understanding of the fundamental economics of each property…. and Giovanni is the only person who was able to help me understand that.
I did my diligence and reached out to several other brokers as well, and it was clearly evident after conversations that Giovanni was the real deal and had the most knowledge about Estancia. I highly, highly recommend him to anyone looking at La Estancia for anything – whether it be vacationing, purchasing a second home, or an investment property. No one has more knowledge and foresight than Giovanni and his team and you will never regret using them for whatever endeavors you would like to pursue at Estancia!
Couldn’t be happier!
After going to Cabo for the first time my wife and I fell in love with not only the Sea of Cortez, fine dining, and friendly people but also with the Villa la Estancia. Those that have experienced the spa, five-star restaurants, pools, and private beach realize the absolute relaxation and tranquility that the resort holds. Before we even boarded our plane to return to Montana, we had contacted Giovanni and his team regarding the potential ownership of a unit.
My wife and I are very detail-oriented and began to ask more questions (e.g. Regarding Mexican law, HOA bylaws, renting out the space, etc) than most agents would be willing to field yet Giovanni spent countless time researching each and every question and supplying us with as much information as we needed. He also was our rock as we traversed through the ambiguity of buying in Mexico and provided reassurance to two very anxious buyers as the process went through.
Giovanni’s team went out of their way to assist us in understanding the nuances of ownership and introduced us to our co-owners, the HOA administrators, and gave us helpful tips for living in Cabo.
After several months of navigating the purchase of the property with Giovanni’s critical guidance, it is complete and we are now owners! I can’t say enough about his professionalism and ability to meet the unique needs of his clients!
When you fall in love with Cabo as we did, don’t think twice and call Giovanni to get started securing your own place at Villa la Estancia!
We recently closed on a property at Villa la Estancia and we couldn’t be more excited! Giovanni and his team were engaged and instrumental in the process from the very beginning.
Giovanni spent hours explaining the process and walking us through every little detail from the very first call. Giovanni’s guidance and reassuring nature eased our concerns, taking our ownership from a simple dream to reality!
During the purchase process, Giovanni and his team were with us every step of the way, answering questions and following up with all involved stakeholders. His professionalism and expertise were off the charts!
Being new to the process of purchasing property outside the US, we were naturally a bit apprehensive as the process went along, but Giovanni kept us comfortable and held our hand through the entirety of the process. Without his knowledge and continued guidance, we may have never reached the closing of the property.
We highly recommend Giovanni and his team and look forward to a continued relationship with him and his team!
Giovanni has maintained a presence at Villa La Estancia for as long as I’ve owned a unit there (bought it in 2016, and also have served on the HOA Finance Committee since 2018).
In fact, while General Managers at VLE have come and gone, Giovanni has remained a steady presence. He and others started rental businesses (partnering with owners) just a few years after the internet came on its own.
Something that sets Giovanni apart from others is that he, himself, is a VLE owner and, in addition, he is active on the sales side. In essence, mining rental guests might also be qualified buyers.
That is a value-add above and beyond facilitating a nightly rental, and the primary reason why I evolved to rent exclusively through him, with no offense intended toward anyone else who may offer similar rental services.
I really grew to know Giovanni well in late 2016. In 2018, after 12 years of ownership, my life circumstances changed such that I wanted to broaden my travel destinations and not feel bound to our beloved Cabo San Lucas.
Giovanni understood and began the process of vetting qualified buyers which eventually led to our contracting to sell to our friends, The Tillman’s.
It is worth noting that this sale occurred on the heels of a debacle related to a previous owner and their legal issues with the IRS. These owners held several Villa La Estancia properties and many owners expected depressed market values
for years to come, following the forced sale/liquidation of these assets. At the same time, we had two potential transactions come and go, with the typical accompanying frustrations, disappointment, wasted time, and even some harsh words!
Things happen for a reason, though, and seem to have worked out for the best!
In truth, without Giovanni’s persistence and intuitive understanding of the right next steps, many transactions at VLE wouldn’t have happened, including my own.
Our relationship has grown from acquaintances to very close, personal friends (such that I’m not exactly objective). With that said, I only do business with people who get things done, as it is a standard that my clients also expect of me.
If your goal is to complete the transaction – then Giovanni is the one to choose. He is your only logical choice!
We are the proud new owners of Unit 3301. Giovanni represented both the buyer and the seller.
The panoramic oceanfront villa is truly a gem, sitting on the Sea of Cortez.
Giovanni’s ability to describe the property’s attributes and paint a picture of its beauty led us to purchase the unit sight unseen.
When we entered the unit for the first time, we fell in love with the view and quickly came up with the name we believe best describes it: “Hermosa Vista”.
Giovanni was a wealth of knowledge for us and made purchasing this stunning villa a simple and straightforward process.
Given the intricacies of real estate transactions in Mexico, this was a truly herculean task.
Throughout the process of identifying the property, negotiating the purchase agreement, preparing the escrow, and ultimately closing the transaction,
we felt Giovanni was there with us every step of the way.
His attention to detail and his ability to share his expertise was much appreciated.
We would highly recommend Giovanni to anyone looking to purchase or sell property in Cabo San Lucas!
We love our newly purchased property at Villa La Estancia. Giovanni represented the seller (while we were the buyers).
Despite who represented whom, we found him to be an able “adversary” – one that vigorously supported his client, but was fair to the process.
It is rare to become so impressed with the opposing party’s agent that you engage their services directly. It was the loyalty he displayed to his client and his ability to make everyone feel heard that convinced us to retain his services and act as our rental agent and property manager.
We are so pleased to say the relationship has proven beneficial. We would recommend Giovanni to anyone in need of a professional who places the client’s needs at the forefront while acting with integrity and professionalism.
I am writing as a former owner of an Oceanfront Penthouse Villa (3401) within the Villa La Estancia (VLE) development located on Medano Beach in Cabo San Lucas.
At present, my wife Cheryl and I are managing through seller’s remorse as we were an owner from 2004 up until late spring 2022.
During this time, we experienced too many to count memorable family vacations while establishing lifetime friendships in Cabo.
Our continued ownership and ultimate property management of the villa was made possible by Giovanni Giammarco of “The Agency Los Cabos”.
Giovanni proved to be a very talented, knowledgeable, and trustworthy /ethical real estate professional. Accordingly, we placed great trust in him and his team as they were retained for nearly ten years overseeing our property management activities with discretion. In fact, I often provided Gio with my proxy to attend and vote on HOA matters on our behalf.
Gio’s on-property grounds team, led by private concierge Samantha, proved exceptional in managing our clients.
Suffice it to say, Gio and his team made it possible for my wife and me to be comfortable enough to rent our villa to other families for over a decade. This was a big net revenue generator.
Of course, when it came time for us to sell our villa we leaned heavily on Gio as our listing agent to source a qualified buyer within his network. He delivered on this promise by securing a fair financial offer, and represented both us as the seller and the buyer as well! Of all the realtors I have worked with, I can confidently say, “Gio understands as well as anyone “Price is only an issue in the absence of value “. Importantly, Gio professionally managed the sale process (details associated with the Purchase Agreement, Title Company, fideicomiso (escrow), VLE HOA et.al.)
The bottom line is this: I would recommend Gio to any friends and or family looking to purchase or sell their dream home in Cabo San Lucas or Los Angeles for that matter!
We have been working seamlessly with Gio for years so when the opportunity to sell our fractional condo and buy a full ownership unit arose, there was no doubt in our minds about selecting Gio and his team to represent us.
Gio brings top-notch professionalism to the table each and every time!
His experience, availability, attention to detail and proactiveness are all the qualities we look for in a realtor especially when it comes to purchasing foreign properties. His team made everything easy for us, including arranging all the logistics for the power of attorney. Gio always makes us feel as if we are his only clients even though we know he is super busy working with others as well. We highly recommend Gio and his team for all your real estate needs.
I typically don’t write a review for anything or anyone, but the outstanding service I received from Giovanni Giammarco and his realty team at The Agency Los Cabos calls for an exception. For me, selling a property in Mexico is anticipated to be a very stressful process. Giovanni was candid, provided great feedback, helped explain clearly all details, and
was extremely responsive to every one of my questions, no matter how many (and I had many!!) or how small.
The re-sale real estate market in Cabo San Lucas is currently exceptionally difficult, however, Giovanni and his team made selling my villa at Villa La Estancia a smooth and pleasant experience. They knew exactly what to do at every step of the process and gave me excellent guidance along the way.
I would highly recommend Giovanni and his team at The Agency Los Cabos to anyone selling or buying real estate in Cabo San Lucas.
He is the ultimate professional.
After having previously purchased 1/4 fractional ownership in Villa 1301, it was an easy decision for us to purchase a second 1/4 ownership when Giovanni presented the opportunity to us, recently. Giovanni and his team made this second purchase even easier than the first and the Title Company was terrific to work with, too.
Giovanni not only represented the buyer and seller, but he and his rental team also continue to secure rentals with the same consistent professionalism and timely communication we have always enjoyed.
We look forward to many years of friendship and future business with Giovanni and his team.
Once we decided that a Mexico Real Estate purchase was right for us, finding the right realtor whom we could trust became paramount.
Giovanni Giammarco’s name was continually mentioned by those we asked. We heard great things about him and his extensive experience in the local real estate market and the great reviews we read online helped earn our trust.
Being a Villa owner, himself, Giovanni has firsthand knowledge of the market, the resort, and the unique rules and real estate customs in the area which provided us with a great deal of confidence in our choice of realtor.
Giovanni is responsive. He dedicated a great deal of time to our real estate search, answering our questions and assisting us at every turn.
His high level of personal service made us feel as though we were his exclusive clients.
We recommend Giovanni to anyone seriously considering purchasing a property in Mexico or anywhere else he conducts business.
My husband Ralph and I met Giovanni Giammarco in 2007 when we first bought our quarter share of unit 3201.
We have known him throughout the time we have owned our unit and when it came time for us to consider selling our share we immediately thought of speaking to him about the process. We approached him during the annual homeowners meeting in January 2019 and decided to engage his services as our realtor.
He took the bull by the horns and immediately began the process. We are very fortunate in that one of our partners was interested in purchasing our quarter share.
From the beginning, Gio kept us very well informed.
Despite the fact that the buyers and sellers (my husband and I) agreed on a price and the terms very quickly, the process was not as rapid as we are used to in the United States. Apparently, there are money laundering laws in Mexico that must be complied with and the requirements can change on a daily basis.
After beginning the process in January 2019, we are thrilled to say that the closing took place today, August 14, 2019.
It was invaluable to have Gio on our side, not only keeping us informed but following up very regularly with the key individuals in Mexico.
Having gained this experience only makes Gio more valuable as a relator that can be helpful to anyone considering buying or selling property in Mexico.
Ralph and I would highly recommend Giovanni Giammarco.