💵 What Fees Do Buyers Pay When Purchasing a Home in Cabo?

When buying property in Los Cabos, it’s important to plan not only for the purchase price but also for the additional fees and costs involved in the transaction. Compared to the U.S. or Canada, closing costs in Mexico are straightforward — but they are an essential part of your investment plan.

📋 Typical Buyer Fees in Cabo Real Estate

1. Acquisition Tax (Impuesto Sobre Adquisición de Inmuebles)

This is a transfer tax charged by the municipality.
In Los Cabos, the rate is currently 3% of the property’s declared value.

2. Notary Fees (Notario Público)

All property sales must be formalized before a Mexican Notary Public.
The notary verifies the legality of the transaction, prepares the deed, and records it.
Cost: typically 0.5% – 1.5% of the property value, depending on complexity.

3. Fideicomiso Setup (Bank Trust)

For foreigners buying in the restricted zone:

Setup fee: approx. $2,000–$3,000 USD (one-time).
Annual fee: approx. $500–$700 USD (ongoing).

4. Registration Fees

Paid to the Public Registry of Property in Baja California Sur.
Covers recording the property under your fideicomiso.
Cost: usually 0.5% of the property value.

5. Appraisal & Certificate of No Liens

Required to confirm property value and ensure there are no debts against the property.
Cost: approx. $500–$1,000 USD combined.

6. Closing Coordination / Legal Fees

Many buyers hire a closing coordinator or attorney for added support.
These professionals handle due diligence, permits, and translations.
Cost: approx. $1,500–$3,000 USD, depending on services.

📊 Estimated Buyer Closing Costs in Cabo

As a general rule:

Total closing costs = 5% – 8% of the purchase price

Example:
For a $1,500,000 USD luxury villa, expect $75,000 – $120,000 USD in closing costs.

🤔 FAQs About Buyer Fees

Q: Do sellers pay any fees?
A: Yes, sellers pay capital gains tax (if applicable) and their own legal/notary fees, but buyers cover acquisition tax and fideicomiso setup.

Q: Are fees negotiable?
A: No, most are government-set, though notary and legal service fees may vary slightly.

Q: Can I finance closing costs?
A: Generally, closing costs must be paid in cash at the time of closing.

📞 Plan Your Cabo Investment with Confidence

Buying property in Los Cabos is exciting — and when you understand the full cost structure, it’s stress-free.

👉 Contact FINN.group for a personalized closing cost estimate on your next Cabo property.