2-Bedroom Turnkey Condo for Sale in Cabo San Lucas — Vistazul 502, Bay Views, $248,000

A fully finished, move-in-ready 2-bedroom residence on the 5th floor of Vistazul — bay and mountain views, custom woodwork, whole-home water filtration, hurricane shutters, and a price that makes a serious Cabo entry point genuinely accessible.

At $248,000, Vistazul 502 occupies a specific and significant position in the Cabo San Lucas real estate market: it is a turnkey, high-specification 2-bedroom condo with bay views, in a 2022-built building, at a price point that most buyers seriously evaluating Cabo real estate have not found recently in this configuration. The unit is not a starter property that happens to be available. It is a well-finished, feature-equipped residence priced at a level that reflects genuine value for buyers who understand what comparable inventory in this market has been commanding.

Vistazul sits in El Tezal, the central Cabo Corridor zone that positions residents minutes from the Marina, downtown Cabo San Lucas, the beach, and the full commercial infrastructure — Costco, restaurants, golf courses, medical services — that makes Cabo genuinely livable rather than just visitable. Unit 502’s fifth-floor position translates directly into the bay and mountain views that define the best of what this building offers, paired with a private terrace that makes those views part of daily life rather than a feature enjoyed only at check-in.

What does Vistazul 502 offer in terms of layout and features?

The unit spans 1,312 square feet across two bedrooms and two bathrooms in an open-concept layout that keeps the living, dining, and kitchen areas connected and oriented toward the terrace. The custom woodwork throughout is a finish detail that distinguishes this unit from the standard developer-grade specifications common in Cabo buildings at this price level — it reflects a genuine investment in the interior that a buyer inherits without having to commission or manage. High-end finishes carry through from the kitchen to the bathrooms, producing an interior that reads as luxury without requiring the buyer to justify the price against the finish.

The practical infrastructure of this unit deserves specific attention. A whole-home water filtration system is not a common inclusion in Cabo condos at this price point — it is an upgrade that directly affects daily quality of life and eliminates the ongoing cost and inconvenience of bottled water for a full-time or frequent-use owner. The hurricane shutters are equally practical: in a coastal market where storm preparedness affects both insurance costs and peace of mind, shutters on a 2022-built unit represent the correct infrastructure choice for any owner who will not always be on-site to manage a weather event.

Covered parking and elevator access complete the practical picture. In a multi-story building in a sunny, sometimes very warm climate, covered parking protects the vehicle and reduces cabin temperatures significantly — a daily-use benefit that owners who have parked uncovered in Cabo appreciate immediately. Elevator access removes the fifth-floor stair equation for owners, guests, and anyone managing groceries, luggage, or furniture.

What views does the Vistazul 502 terrace capture?

The fifth-floor position in Vistazul translates to unobstructed sightlines over El Tezal’s lower roofline toward the bay and the mountain ridge that frames Cabo San Lucas from the inland side. The bay view component — looking out over the water between the Corridor and downtown Cabo — produces the category of vista that drives premium pricing in this market and sustains it over time. Waterfront and bay-view properties in Cabo hold their value differentially over interior-facing units precisely because the view cannot be replicated by renovation or upgrade; it is fixed by the building’s position and the unit’s floor.

The mountain view adds a second visual dimension that the pure bay-facing units do not always capture. The ridgeline behind Cabo San Lucas — particularly at sunset when the sky behind it changes rapidly — provides the kind of layered vista that photographs well and lives well. For rental operators, a terrace with this dual exposure produces marketing imagery that directly converts browsing guests into booked reservations.

Where is Vistazul located and what does that mean for daily life?

Vistazul is situated in the El Tezal zone of the Cabo Corridor — a central, commercially developed area that sits at the intersection of the Carretera Transpeninsular and the urban infrastructure that makes Cabo San Lucas function as a place to live, not just a place to visit. The Marina and beach are approximately eight minutes away by car, which in Cabo’s traffic context is a realistic daily commute that does not require planning or timing.

The proximity to Cabo’s full commercial layer is a practical advantage that becomes increasingly important for owners who use the property more than a few weeks per year. Within a short drive from Vistazul: a Costco (a significant lifestyle differentiator for foreign residents and long-stay visitors), multiple grocery and specialty food options, medical and dental services, golf courses, restaurants across every price tier, and the marina’s waterfront dining and entertainment infrastructure. Owners who have based themselves in isolated Corridor resort compounds and driven 20 minutes for basic errands understand immediately what El Tezal’s centrality provides.

Downtown San José del Cabo — with its historic town square, art district, weekly art walk, and quieter dining scene — is accessible from El Tezal without the drive time that makes it feel like a separate trip from some western Corridor locations. For owners who value the cultural dimension of Los Cabos alongside the beach and marina lifestyle, Vistazul’s position covers both ends of the Corridor’s experience.

Why does $248,000 represent genuine value in the current Cabo market?

The Cabo San Lucas condo market has expanded significantly in price over the past several years, driven by strong international demand, limited new inventory in established locations, and the general appreciation of Mexican coastal real estate that has followed the surge in interest from North American buyers. In that context, a 2022-built, 2-bedroom, bay-view unit with a list of specification upgrades — custom woodwork, water filtration, hurricane shutters, high-end finishes — priced under $250,000 is a category that the current market does not produce often.

The price-per-square-foot metric tells a useful part of the story: at approximately $189 per square foot, Vistazul 502 is priced well below what comparable finished square footage in newer Cabo buildings has been commanding. For buyers who have been monitoring the market and watching prices increase on properties they have evaluated before, this unit represents the kind of entry point that tends to close faster than the average days-on-market figure suggests it should.

For investors specifically, the $248,000 acquisition cost against Cabo’s established short-term rental rate profile in a bay-view 2-bedroom creates a gross yield calculation that is meaningfully more attractive than at the $400,000–$600,000 price points where most comparable units in this area are now transacting. The lower acquisition basis does not translate to a lower-quality rental experience — the unit’s finishes and views are competitive with higher-priced alternatives — which means the yield equation works in the investor’s favor.

"~$189 per square foot. Bay views. 2022 construction. Turnkey. The value thesis writes itself — the question is only timing."

Who is Vistazul 502 the right property for?

This unit serves a broad range of buyer profiles precisely because the price point is accessible across multiple acquisition motivations. Here is how the key personas map to this specific listing.

• The First-Time Cabo Buyer Entering the Market

For buyers who have been watching the Cabo market and waiting for the right entry point — the combination of price, condition, and location that justifies committing to a first purchase — Vistazul 502 is the clearest value case available in the current market at this specification level. At $248,000, the acquisition cost is low enough that the financial exposure is manageable while the property quality and location are high enough that the buyer is not making a quality compromise to achieve the entry price. The turnkey delivery means no renovation project stands between purchase and occupancy or rental.

• The Seasonal Vacation Home Buyer

Buyers who plan to use the property for two to four months per year and want a maintenance-light, ready-to-arrive second home will find Vistazul 502 straightforward to own from another country. The building amenities (pool, covered parking, elevator), the turnkey interior, and the community management structure reduce the friction of remote ownership. The whole-home water filtration and hurricane shutters address two of the most common seasonal-owner concerns — water quality on arrival and storm preparedness during absence — before they become issues.

•  The Short-Term Rental Investor

The investment math at $248,000 for a bay-view 2-bedroom in Cabo is compelling. The unit’s fifth-floor terrace views, 2022 build year, custom finishes, and El Tezal location — eight minutes from the marina and beach — support a nightly rate competitive with higher-priced alternatives in the same market. The lower acquisition basis means the gross yield and cash-on-cash return calculations are more favorable than comparable units transacting at $350,000–$450,000. Turnkey delivery means the property is available for rental bookings immediately upon closing with no gap period for furnishing or setup.

•  The Digital Nomad or Remote Worker Relocating to Cabo

Cabo San Lucas has emerged as one of the more practical remote work destinations in Mexico for North American professionals: direct flights from major U.S. and Canadian cities, stable high-speed internet infrastructure in newer buildings, a full commercial ecosystem that supports daily life without requiring a car for every errand, and a quality of life — weather, outdoor activities, food and dining — that justifies the relocation conversation. Vistazul 502 at $248,000 is an ownership entry point that is directly comparable in cost to renting a comparable unit long-term, making the buy-vs.-rent decision for a committed relocator strongly favor ownership.

• The Portfolio Buyer Adding a Second Cabo Asset

For buyers who already own property in Cabo or Los Cabos and are evaluating a second acquisition, Vistazul 502 represents a diversification play within the same market at a price point that allows acquisition without concentrating too much capital in a single asset. The $248,000 cost basis, bay views, and strong rental income potential make it a logical complement to a higher-priced primary residence or investment property in a more premium community. The different price tier also opens access to a slightly different rental guest profile, broadening the investor’s exposure across the Cabo demand curve.

What makes Vistazul 502 practical to own from outside Mexico?

Remote ownership of a Cabo condo works best when the property requires minimal intervention, the building is well-managed, and the infrastructure is modern enough to not generate maintenance surprises. Vistazul checks all three. The 2022 build year means the building’s systems — electrical, plumbing, elevators, pool equipment — are in their early years and not yet approaching the maintenance cycle that older Cabo buildings face. The hurricane shutters address storm-season management without requiring the owner to be present or arrange for someone else to board windows. The whole-home water filtration runs passively without owner involvement.

For buyers who intend to rent the property when not in use, El Tezal’s established property management ecosystem — with multiple reputable local management companies experienced in short-term rental operations in this specific zone — means the operational layer of a rental program is straightforward to establish. Outliance Real Estate can connect buyers with management options as part of the purchase process.

The fideicomiso structure for foreign buyers is standard for a property of this type in Cabo’s restricted coastal zone. Outliance Real Estate manages the full closing coordination: notario, title, fideicomiso establishment, and cost disclosure, so the buyer’s role is decision-making rather than document management.

Frequently Asked Questions — Vistazul 502, Cabo Corridor

What is the asking price for Vistazul 502?

The current asking price is $248,000 USD. The unit is listed at MLS 26-4005 through Outliance Real Estate and is actively available for purchase. At 1,312 square feet, this represents approximately $189 per square foot — a competitive figure for a 2022-built, bay-view unit in the Cabo Corridor.

Is the unit furnished and ready to move in?

Yes. Vistazul 502 is delivered turnkey — move-in or rental-ready from the date of possession. Custom woodwork and high-end finishes are already in place. No renovation or furnishing project is required after closing.

How far is Vistazul from the Cabo San Lucas Marina and beach?

The marina and beach are approximately eight minutes from Vistazul by car. The building is located in El Tezal, the central Cabo Corridor zone with direct access to the Carretera Transpeninsular and the full commercial infrastructure of Cabo San Lucas.

Can this unit be used as a short-term rental?

Short-term rental activity is common in the El Tezal area and in Vistazul specifically. Buyers should review the building’s HOA regulations and applicable Cabo San Lucas short-term rental permit requirements. Outliance Real Estate can connect buyers with local property management specialists familiar with this building and zone.

What does the whole-home water filtration system include?

The whole-home water filtration system filters water at the point of entry to the unit, providing filtered water at all taps and fixtures throughout the residence. This eliminates reliance on bottled water for cooking, drinking, and bathing — a practical daily-use benefit for full-time residents and a quality-of-stay differentiator for rental guests.

How does a foreign buyer purchase a condo in Cabo San Lucas?

Foreign nationals purchase condos in Cabo San Lucas through a fideicomiso — a Mexican bank trust that holds title and grants the buyer full ownership rights. The process is completed through a notario publico and typically takes 45–70 days from accepted offer to close. Outliance Real Estate manages the full coordination, including notario introduction, title review, fideicomiso setup, and closing cost disclosure.

What are the HOA fees at Vistazul?

HOA fees cover the building’s common area maintenance, pool, elevator, and covered parking infrastructure. Specific monthly fee amounts are disclosed as part of the purchase documentation. Outliance Real Estate provides HOA disclosure details to all serious buyers upon request.

Schedule a Showing or Request More Information with Outliance Real Estate

Vistazul 502 is listed exclusively by Outliance Real Estate. To schedule a showing, request additional property information, or discuss the purchase process as a foreign buyer, contact the Outliance Real Estate team directly. Jesus Valenzuela and Gaby López are available to wal