Todos Santos

Todos Santos is a Pueblo Magico on Baja California Sur's Pacific coast, an hour north of Los Cabos, prized for its art-colony character, historic adobe center, and dramatic surf beaches. Long an artists' and surfers' haven, it has become Baja Sur's most watched value market as the Todos Santos-Pescadero-Cerritos corridor draws permits, infrastructure, and foreign buyers spilling out of pricier Cabo. In 2026 the historic center averages roughly USD 2,188 per m2, while neighboring Pescadero runs higher at about USD 3,340 per m2 on stronger beachfront demand. Listing prices span widely from USD 100,000 lots to USD 1M-plus oceanfront estates. With US and Canadian rate cuts expected to revive sidelined buyers, analysts call late-2025 through mid-2026 one of the most opportunistic windows in five years, with appreciation in the 6-9% range. Gross vacation-rental yields run 6-9%. As a coastal Restricted-Zone location, foreign buyers purchase via a fideicomiso (50-year renewable bank trust, ~USD 1,500-2,000 setup plus annual fees) or, for some uses, a Mexican corporation. Newly released ejido parcels are expanding developable supply along the corridor.