There are many developments where a majority of the residents are 55+, even though they might not be age-restricted. (see Active Communities link at right).
Although in most of Mexico homes will generally cost much less than comparable ones in the States, that is not always true for both of these Cabos. Many Fortune 500 executives and other wealthy people have purchased second homes here, which has raised prices. Prices can be quite high in the exclusive communities. Prices range from the $75,000 for a small 1 bedroom apartments to the $500s for larger ones with views, into the millions for villas.