Are you thinking of taking your vacation in Los Cabos? If so, this latest episode of The Nick Fong PODCAST will truly inspire you. Nick Fong, the broker and founder of Ronival Property Management and Ronival Real Estate, along with his wife Rocio, grew this great company together, which is now the fastest-growing and largest real estate brokerage throughout Mexico.
Today, Barbara Lopez AKA Barbi Lopez joins Nick Fong to discuss Ronival’s vacation rentals in Los Cabos. Barbi Lopez is the head of Ronival Vacations, which is Ronival Property Management’s vacation rental division. Here, she presents what is involved in property management and vacation rentals.
Learn what it means for Barbi to be part of a great team whose goal is to satisfy all customer needs so they experience the most memorable time in Los Cabos. Continue reading to see what it means to vacation in a Los Cabos the best way possible.
Specializing in Los Cabos vacation rentals: Barbi Lopez
Now that she’s been in the Los Cabos vacation rentals industry for a long time, Barbi Lopez reports just how the approach of property owners using their homes as vacation rentals have changed. As she tells Nick, she has been witnessing these approach changes as demand has evolved over the years. To elaborate, back in 2021, after COVID became less of a concern, the demand for vacation rentals really exploded.
During the last year, quite a few investors visited Los Cabos to buy homes to use as vacation rentals. And since property values are always rising in Los Cabos, their investments are quite sound while providing great income for them. As Barbi explains, it not only covers their mortgage, but it also provides profit every month.
For an example of how demand has exploded, since many people work from home, a great number of them utilize vacation rentals in Los Cabos for two to three months at a time. In fact, many new developments are now focusing their attention on vacation rentals due to this much higher demand. On top of that, vacation rentals has become the new normal for property owners in Los Cabos.
Watch the video to see how Barbi Lopez explains to Nick a wonderful example of how the vacation rental industry has evolved in recent time. She says that Vista Vela only had four vacation rental condominiums in total. But now, there are 40 vacation rental condos. That’s a 10x increase in just a few years!
How communities responded to the great vacation rental increase
Now that a great number of condos and houses are made available as vacation rentals, communities throughout Los Cabos are affected in many ways. As Nick reports, different families spend time in each community, in the pool area, and around grounds. These are people that residents don’t know. Since visitors to Los Cabos enjoy having a great time while there, city ordinances and HOAs are updating policies to increase limits and control.
As you would guess, these limits and controls regarding vacation rentals that are imposed have a negative affect on the vacation rental industry. In response, Ronival Property management works with the government and the HOAs to help the vacation rental industry grow correctly. And when handled well, it’s a win-win for both sides.
Check out the full podcast on Spotify: https://spoti.fi/3Ty24PQ Or on Apple: https://apple.co/3q48cC0
Baja California Sur real estate
Many Americans, Canadians, and people from other countries choose to make Los Cabos and other magical towns in Baja California Sur, Mexico, their home or vacation home. Discover how to purchase your dream home in Baja. Make an appointment with the top Real Estate Broker in Baja: Nick Fong, featured on HGTV’s Beachfront Bargain Hunt.
Since 2010, Ronival has been helping clients find the best homes in Cabo and throughout Baja California Sur. And, they’re highly-skilled negotiators that’ll get you the best price. Whether you plan to buy a property or quickly sell your Baja real estate, they’ve got you covered!
If you’d like to take a tour of a property in Cabo or anywhere else in Baja California Sur, just click CONTACT to inquire. Or, call directly at 619-831-2000. Ronival will be happy to answer your questions You can also schedule a time to show you around this breathtaking location.
Ronival on YouTube
See Nick Fong in action on his Ronival YouTube Channel. Find his videos on the Rovival VLOG, where you can read a short, yet in-depth post. Below is an example of one of Nick Fong’s Ronival videos:
Thank you for reading Uncover the best vacation rental deals in Cabo from Ronival Property Management. Be sure to read other posts about Cabo and Baja California Sur on the Ronival blog. There, learn about the many wonderful aspects of Baja California Sur, Mexico, from blog posts like this.