The fabulous Las Palmas Villa is nestled on the Marina side of Pedregal Hills, overlooking the entire Cabo San Lucas Bay and Marina. Just a five minutes walk to downtown Cabo San Lucas, this exquisite and private Villa commands spectacular views of the Ocean from almost every room. Villa Las Palmas offers a seamless transition between indoor and outdoor living with wide open spaces, peaceful retreats and high ceilings.

This brand new Villa offers the amenities services of a first class spa. Perched upon the Cliffside, with commanding views of the restless Pacific Ocean, Villa Penasco is a stunning vacation retreat architecturally designed to blend perfectly in with its surroundings. It features 5 bedrooms, 6 bathrooms and 3 half baths tastefully decorated and smartly equipped with top quality furnishing and amenities in order to make your stay in Cabo a dream come true. A full time staff of 5 will look after your every need from cooking a meal, to spa and concierge services. They're specifically trained an service oriented individuals. Among its amenities, Villa Penasco counts with a board room with its own theater system, a gym, spa, elevator and card-key security; which make it a stand alone property in the most elite community of Cabo San Lucas. Rates per night from $5,800 - $6,500 + 13% tax

Foreigners can own land through a bank-held trust, called a "Fidecomiso" which is renewable in perpetuity, or through a self-established corporation in which the homeowners are the sole shareholders. By Mexican law, foreigners must use one of these two title conditions to own land within 50 kilometers of coasts and 100 kilometers of borders.