Live on the edge in a luxury beach condo: The Cove at Cerritos near Todos Santos
Happening now, a new beach-front development called The Cove at Cerritos is in the works just 10 minutes south of Todos Santos. What makes this project so exciting is its unique location. To clarify, brand-new luxury beach condominiums are being built on an exclusive beach cove at Cerritos Beach. There’s nothing quite like it near Todos Santos, which is only about 35 minutes north of Los Cabos.
Before breaking ground, and while prices are low, take advantage of the pre-construction pricing. These condos are available now! And they start in the low 300’s, which is an amazing price for such an amazing location. Now, take a look below to uncover what The Cove at Cerritos is all about.
The Cove at Cerritos location
Located right on the oceanfront, The Cove at Cerritos is situated near it all! As mentioned earlier, it is only a 10 minute drive to Todos Santos, which was established back in 1723 by Father Jaime Bravo. Todos Santos is a haven for music, art, and film festivals. Also, this peaceful town is a world-renowned destination for eco-tourism. Be sure to read Todos Santos Mango Festival: Celebrate one of the most tasty fruits in Mexico!
The Cove at Cerritos is near Los Cabos
Combining two magical towns at the southern tip of Baja California Sur, Los Cabos refers to the festive town of Cabo San Lucas and the quiet town of San Jose del Cabo. The Cove at Cerritos is only a 35 minute drive to Los Cabos, and only a 45 minute drive to the Los Cabos International Airport. To learn more about Los Cabos, check out Los Cabos: Discover your next vacation destination in Mexico.
La Paz is a short distance to the north
The city of La Paz is the largest city and also the capital of Baja California Sur. Also, La Paz is a culturally-filled city with almost 500 years of history. It’s a big city with plenty of fun and entertainment. If there is something to highlight about the beautiful city of La Paz, it has to be its spectacular beaches. La Paz is only a 50 minute drive to the north from The Cove at Cerritos.
700 miles South of the Border
Enjoy an exciting drive from the border, which offers amazing scenery along the way. Therefore, be sure to drive during the day so you don’t miss anything. As of September of 2020, there are no car permit requirements in Baja California, so you can bring your car down without extra expenses or hassles.
Villas of The Cove at Cerritos
Each villa is uniquely designed with unobstructed ocean views and features:
- 2 Bedrooms / 2 Bathrooms
- Oversized terraces
- Air Conditioning units/Ceiling Fans
- Outdoor Gas Fireplace
- Water Heater
- Private enclosed garages 10 x 20ft
- Custom storage units available
- Six appliances:
- Refrigerator (water & ice dispenser)
- Wine fridge
- Stove with Oven
- Stack washer/dryer
- Concierge Service
- Vacation Rental Options
- Infinity Edge Pool
- Yoga Area
- Gas BBQ
- Gas Fire-Pit
- Developer Upgrades:
- Furniture Packages
- Window Coverings
- Hurricane Shutters
- Water Purification Systems
- Wi- Fi & Smart Home Systems
- Developer Includes:
- Design concepts for Décor
- Choice of carpentry, flooring & finishes
General information about The Cove at Cerritos:
- Maintenance Fee: $300
- Security Guard & Cameras 24/7
- CFE Power: with development cistern & metered to individual units
- Septic: Aerobic re-cycle
From the Developer: “Each buyer will have the opportunity to put their own personal touch on their villa. Choose from a variety of options. Whether you desire a rustic beach look or a sleek modern approach, our design options will help you create the villa of your dreams.”
Penthouse and villa floorplans
Below, see how the penthouses and all of the villas are laid out. They all have panoramic ocean views!
The Cove at Cerritos Penthouse Villas:
Penthouse Villas include roof top terrace with 360 degree view and two outdoor gas fireplaces. Also, they include a roof top terrace with an amazing 360 degree view.
The Cove at Cerritos Villas:
Each of the villas at The Cove at Cerritos are laid out in very nicely. And, the 4th floor features an extra terrace from the side of the master bedroom and another by the front entrance.
- Level 4 $389,000
- Total Sq Ft 1,750
- A/C Sq Ft 1,250
- Terrace 500 Sq Ft
- Level 3 $349,000
- Total Sq Ft 1,475
- A/C Sq Ft 1,120
- Terrace 355 Sq Ft
- Level 2 $339,000
- Total Sq Ft 1,555
- A/C Sq Ft 1,175
- Terrace 380 Sq Ft
- Level 1 $329,000
- Total Sq Ft 1,385
- A/C Sq Ft 1,125
- Terrace 260 Sq Ft
Villa pricing structure
Reservation Agreement: Reservation agreement is filled out by the Purchaser with the details of the unit they are interested in purchasing, including type of finishes, upgrades to unit features, and any optional items, equipment, appliances, or finishing’s decided on by the Purchaser.
Reservation Deposit: $10,000 USD Refundable for up to 10 calendar days during which time Purchaser will be able to review Promise to Trust Agreement and other documentation.
Promise to Trust Purchase Agreement: To be signed within 30 days from date of Reservation Deposit First Payment (30%): Thirty percent of the total Purchase Price, minus the amount of the initial Reservation Deposit payment, in the amount of: $ ________USD, to be bank wire transferred or deposited directly into the Promissory Seller’s account upon the signing of the promise to Purchase Contract between the Parties.
Second Payment (30%): Thirty percent of the total Purchase Price in the amount of $________ USD to be bank wire transferred or deposited directly into the Promissory Seller’s account within 10 days after notification from the Promissory Seller that the start of construction of the building where the unit will be located will begin.
Third Payment (20%): Twenty percent of the total Purchase Price in the amount of $________ USD to be bank wire transferred or deposited directly into the Promissory Seller’s account within 10 days after notification from the Promissory Seller that the completion of the roof and other grey cement work “obra negra” has been completed on the building where the unit will be located.
Fourth Payment 20%: Twenty percent of the total Purchase Price in the amount of $________ USD to be bank wire transferred or deposited directly into the Promissory Seller’s account within 10 days after notification from the Promissory Seller that the finished unit is completed and ready for delivery to the Promissory Purchaser.
Construction and delivery timeline:
Construction will begin on Building “1”, then “2”, & then “3” within 60 days of when 3 units are sold in each building respectively. The timeline for construction of the building where the Promissory Purchasers unit(s) is located is estimated to be no more than 10 months from the date when construction is started. At the time of completion of each unit, delivery of the unit will be made with final walk-through and acceptance by Purchaser.
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. He’s 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 wish 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.
The Cove at Cerritos property values are rising fast
The economic indicators, year-after-year, show that the real-estate values are quickly rising. And, since the market is very solid, and new improvements and developments are happening all over the area, this little oasis is a solid investment.
The Cove at Cerritos provides great value, along with being a great location. So, if you’re looking for a home, lot, or commercial property, there’s never been a better time to buy!