$12,037,806
La Ribera, Vista Cortes
East Cape,
MLS# 26-3628
107571.92 sqft


La Ribera, Vista Cortes, East Cape,
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Property Description
Rare opportunity to acquire a completed and operating 76-unit residential community in La Ribera, one of the fastest-growing luxury corridors on Baja California Sur's East Cape. Located just moments from Costa Palmas and within walking distance of the Sea of Cortés, this turnkey multifamily asset is strategically positioned to capture the increasing demand for long-term housing generated by Four Seasons, Amanvari, the marina, golf, hospitality, and ultra-luxury residential development throughout the area. Vista Cortés offers studio-style, one-bedroom and two-bedroom units across contemporary two-story buildings. Units range from approximately 31.64 to 65.26 m²

Details
Maps
Address
Property Name: Vista Cortes
Street Name: La Ribera
Zone: East Cape
Area: East Cape South
Community: La Ribera
Subdivision: Centro-La Ribera
General Description
Construction: Completed
Current Price: $12,037,806
Price (USD): 12037806
Seller Financing Offered?: No
Total M2: 9997.39
Total SqFt: 107571.92
AC M2: 4085
AC SqFt: 43954.6
Lot M2: 9997.39
Year Built: 2020
Primary View: Ocean
Secondary View: Mountain
Location Tax Legal
Tax ID Number: 4-03-056-0083
Taxes (Pesos): 153990
Contract Data
Begin Date: 2026-08-12
Status: Active
Connectivity
Internet: Satellite
Property Features
Road Type: Dirt Maintained
Potential Use: Apartments; Commercial Unit
Title: esc
Water: Muni
Sewage: Common Plant; Septic
Supplements
Each residence includes 1 bathroom, living area, all-electric kitchen, air conditioning, and modern finishes. Select upper-level units offer Sea of Cortez views. Additional features include controlled access, on-site parking, perimeter fencing, low-maintenance desert landscaping and a substantial central open area. According to the seller, the property is fully occupied for 2026, with advance leasing commitments extending into 2027. The seller-provided pro forma currently models 75 income-producing units and approximately MXN $15M in first-year gross scheduled rent--approximately MXN $1.25M per month before operating expenses. The property also offers potential for additional residential units, commercial spaces or resident amenities, subject to feasibility, zoning and governmental approvals. Vista Cortés was constructed by South Baja Constructora, part of Grupo Gevilla, an established Baja California Sur-based organization with experience in residential, hospitality, commercial and infrastructure development, as well as project management and electromechanical construction. Its publicly recognized portfolio includes work associated with Costa Palmas, Four Seasons La Ribera, Montage Los Cabos and other significant projects throughout the state. This track record reflects strong regional expertise, proven execution capabilities and a deep understanding of Baja California Sur's construction environment. An exceptional income-producing real estate opportunity for a family office, real estate fund, multifamily operator or private investor seeking scale, immediate rental demand, expansion potential and long-term appreciation near Costa Palmas. Financials, rent roll, leases and supporting documentation are available to qualified buyers subject to confidentiality.

Last Updated: August - 15 - 2026

La Ribera, Vista Cortes, East Cape, - MLS# 26-3628

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