Russian millionaires in Los Cabos continue their lives away from the war

For more than two weeks, at least 20 families of Russian nationality have arrived to ask the Municipal Tourism Office of Los Cabos, Baja California Sur, for real estate orientation, basically for the purchase or rental of real estate for their homes.

The director of the agency, Donna Jeffries, informed that the tourism coming from Russia and Ukraine is looking for opportunities to continue with their economic and social activities after the unfortunate war events in Europe between Russia and Ukraine.

Basically, businessmen with great purchasing power have arrived and have set their sights on Los Cabos to acquire properties and continue with their businesses, they are regularly spending in dollars", he pointed out.

According to the information provided by the Municipal Tourism Board, Los Cabos is the number one tourist destination in terms of security, such as the one sought by brewery businessman Oleg Tinkovi.

This businessman has in Los Cabos an investment called "La Dacha", which is a rest villa that is rented for up to 4 nights for no less than 33 thousand dollars, about 700 thousand pesos for the four nights.

But he also owns a 75-meter icebreaker vessel, which can break ice up to 16 inches thick and is rented for 900,000 dollars a week; it has 2 main cabins, a lounge, sauna, steam bath, massage room and gym, with capacity for 12 people.

Thus, many other Russian businessmen have also arrived in Los Cabos, adding up to more than 20 Russian families are in the process of acquiring homes and properties in the region, both in San Jose del Cabo and Cabo San Lucas.

For the time being, the Municipal Government of Los Cabos is making the necessary arrangements with the Russian or Ukrainian families that arrive, so that they find the best option to live, since at this moment the real estate offer is very limited for the high socioeconomic level that they request.