Mexico’s federal housing agency INFONAVIT has signed a contract with ejidatarios in San José del Cabo to build a massive 15,000-unit residential development, one of the largest housing projects in Los Cabos history. The deal, backed by an investment of more than 9.5 billion pesos (roughly $475 million USD), will place the development approximately 10 minutes from the hotel zone.
INFONAVIT Director General Octavio Romero Oropeza announced the purchase-promise contract on June 19, calling the project part of a national strategy to expand affordable housing in high-demand areas. The Ejido San José del Cabo provided the land for the development. On July 10, INFONAVIT officials returned to the site for an inspection, accompanied by representatives of CROC, one of Mexico’s largest labor confederations, signaling union support for the project.
$475 Million Investment to Address Housing Deficit
Each home is expected to cost around 600,000 pesos (about $30,000 USD), with monthly payments designed to fall below current rental prices in Los Cabos. The units are intended for workers eligible for INFONAVIT financing through the federal Vivienda para el Bienestar program.
Romero Oropeza acknowledged that the housing deficit in Los Cabos is severe. He described the planned community as a full-scale subdivision with green spaces, recreational areas, and public services. Los Cabos ranks among Mexico’s fastest-growing municipalities by population.
State and Federal Agencies Align Behind the Project
The contract follows a collaboration agreement signed in October 2024 involving SEDATU (the Secretariat of Agrarian, Territorial, and Urban Development), CONAVI (the National Housing Commission), INFONAVIT, INSUS (the National Land Institute), the Baja California Sur state government, and the municipal governments of Los Cabos, La Paz, Loreto, Comondú, and Mulegé. That agreement committed all levels of government to provide administrative and fiscal support for housing construction across the state.
SEDATU Secretary Edna Elena Vega Rangel said Baja California Sur will see a total of 45,000 new homes built statewide. Of those, 20,000 will be constructed by INFONAVIT and 25,000 by CONAVI. Alberto Rentería Santana, secretary general of the Los Cabos municipal government, represented Mayor Cristian Agúndez at the signing and pledged the municipality’s cooperation.
Infrastructure Pressures Loom
A development of 15,000 homes could add 50,000 or more residents to a municipality already grappling with water scarcity, traffic congestion along the San José del Cabo to Cabo San Lucas corridor, and strained utility networks. Los Cabos has grown rapidly in recent decades as tourism and hospitality employment surged, but housing for workers has not kept pace. The project aims to close that gap, though details on water supply, sewage, and road infrastructure tied to the development have not been disclosed.
The site inspection and CROC’s involvement were first reported by Noticias La Paz.