Buyers ask me constantly if a waterfront home in Cabo comes with a boat slip. It doesn't — and understanding why changes how you should shop for marina-adjacent real estate.
Key Takeaways
- ✓ Slips in Mexico are rented, never owned — no dockominium structure exists here like it does in Florida.
- ✓ IGY Marina Cabo San Lucas has 380 slips and handles boats up to 375ft; long-term annual contracts rarely open up.
- ✓ Marina Puerto Los Cabos runs $23-$32/ft with a roughly 10% discount for owners in the development.
- ✓ La Paz's Marina Costa Baja is meaningfully cheaper ($17-$50/ft) but a 2.5-hour drive from Cabo San Lucas.
- ✓ Any foreign-flagged boat over 4.5m needs a Temporary Import Permit (~$55, valid 5 years as of April 2026).
- ✓ Charters range from $1,000-$3,000/day standard up to $14,500 for a full-day charter on a 130ft yacht.
Thinking About Waterfront + a Boat?
I'll walk you through which developments give realistic marina access, and which just have ocean views with no slip pathway at all.
Talk to Me About Marina PropertyThe Slip Ownership Reality Nobody Explains Up Front
First thing to get straight: you cannot buy a boat slip in Los Cabos the way you can buy one in South Florida or parts of the Bahamas. Mexico has no dockominium or fee-simple slip title structure. Every berth at every marina in the country — IGY Marina Cabo San Lucas, Marina Puerto Los Cabos, Marina Costa Baja in La Paz, all of them — is a rental contract with the marina operator. Annual, seasonal, or transient. That's it.
This matters more than people think when they're shopping waterfront property in Cabo. A home in Pedregal with a private tender dock is not the same thing as a slip at IGY that can hold a 60-foot sportfisher. If having a slip for your own boat is a dealbreaker, you need to separate the real estate question from the marina-access question entirely — they're not automatically bundled, even in developments that look marina-adjacent on a map.
IGY Marina Cabo San Lucas: The Downtown Fleet
IGY Marina Cabo San Lucas sits right in downtown Cabo San Lucas, walking distance to the Marina Boardwalk restaurants and the sportfishing fleet's daily weigh-ins. It has 380 slips and can accommodate vessels up to 375 feet with a 29-foot draft — genuinely superyacht capacity, which is part of why it's the anchor marina for Los Cabos' billfish tournament season.
Here's the practical problem: long-term annual contracts rarely become available. Demand from the sportfishing fleet, charter operators, and owners who want a permanent Cabo San Lucas berth outpaces turnover. If you're buying a boat and want a guaranteed downtown slip, plan on a waitlist, a broker relationship at the marina, or starting on transient/seasonal terms while you wait for an annual slot to open.
- Location: Downtown Cabo San Lucas, walkable to the Marina Boardwalk
- Slip count: 380
- Max vessel size: Up to 375ft / 114m
- Draft: 29ft
- Fleet character: Heavy sportfishing presence, charter operators, superyachts during tournament season
Marina Puerto Los Cabos: The Expanding Alternative
Marina Puerto Los Cabos, near San Jose del Cabo, currently has 230 slips with expansion plans that would take it to 400. It's the more realistic entry point if you're relocating and want a marina slip attached to a residential community rather than a downtown tourist marina.
Published rates run $23 to $32 per foot per month, and that typically bundles WiFi, water, and security into the base rate rather than billing them separately. If you own property inside the Puerto Los Cabos development, you get roughly a 10% discount off posted rates — a real incentive if you're weighing whether to buy in the marina district versus elsewhere in Puerto Los Cabos or San Jose del Cabo.
| Marina | Slips | Max Vessel | Published Rate |
|---|---|---|---|
| IGY Marina Cabo San Lucas | 380 | 375ft / 29ft draft | Not publicly posted per-foot; annual slips rarely open |
| Marina Puerto Los Cabos | 230 (expanding to 400) | Varies by dock | $23-$32/ft (owner discount ~10%) |
| Marina Costa Baja (La Paz) | Varies | Up to 200ft+ | $17-$50/ft monthly; $2-$3.50/ft daily |
Why I Still Bring Up La Paz
Marina Costa Baja in La Paz isn't in Los Cabos proper, but I bring it up because clients cross-shop it constantly, especially anyone considering the quieter Pacific side or East Cape lifestyle. Costa Baja posts monthly rates from about $17 per foot for a 30-foot slip up to $50 per foot for a 200-foot yacht, with daily transient rates of $2 to $3.50 per foot. That's meaningfully cheaper than what you'll pay in Los Cabos, but La Paz is roughly a 2.5-hour drive from Cabo San Lucas. If you want to use your boat spontaneously on a Saturday morning rather than plan a road trip to reach it, the savings evaporate fast against the convenience cost.
Not Sure Which Marina Fits Your Lifestyle?
Book a call and I'll map out slip access, drive times, and realistic property options against how you actually plan to use the boat.
Book a CallThe Temporary Import Permit: Don't Skip This
If your boat is registered outside Mexico and measures more than 4.5 meters (about 14.7 feet), you need a Temporary Import Permit, or TIP, issued through Banjercito before you can legally keep it in Mexican waters. As of April 2026, the permit costs roughly 1,200 pesos — around $55 USD — and is valid for five years, which is a meaningful improvement over the shorter windows that used to require more frequent renewals.
The part people forget: the TIP has to be formally canceled at Banjercito before you sell the boat or transfer ownership to a buyer. Skip that step and the new owner inherits a paperwork headache, and you can end up flagged in the system for a vessel that's no longer yours. If you're buying a used boat already in Mexican waters, confirm the TIP status before you close — it should transfer cleanly, but only if the seller does the cancellation and re-registration correctly.
- Who needs it: Foreign-flagged/foreign-registered boats over 4.5m (14.7ft)
- Cost: Roughly 1,200 pesos (~$55 USD) as of April 2026
- Validity: 5 years
- Issuing authority: Banjercito
- Before a sale: Must be canceled at Banjercito prior to ownership transfer
For the current fee schedule and application requirements, check Banjercito's official site directly rather than relying on secondhand numbers — permit costs and terms get updated periodically.
If You'd Rather Charter Than Own
A lot of my clients start as charter customers before they ever consider buying a boat, and honestly, for most part-time residents it's the smarter math. Standard sportfishing and sunset charters in Cabo run $1,000 to $3,000 a day. Luxury charters push past $5,000. At the high end, premium yacht charters range from about $2,900 for a 4-hour outing on a 48-footer up to $14,500 for a full day on a 130-foot yacht.
Run the numbers before you commit to ownership: slip rental, insurance, crew or dockhand costs, fuel, and maintenance add up fast on a boat that might see 15-20 days of actual use a year if you're a part-time resident. Chartering when you're in town and skipping slip rental entirely is a completely legitimate strategy, and I tell clients this even though it doesn't help me sell waterfront property — it's just the honest math. For deeper detail on the charter market itself, see my guides to deep-sea fishing charters in Cabo and luxury yacht charters.
What Boats People Actually Run Here
For owners who want their own boat in the water year-round, three categories dominate:
- Center consoles / "super pangas" (around 23ft): The workhorse for inshore and near-offshore fishing. Easy to trailer, cheap to maintain relative to a sportfisher, and the most common first boat for new Cabo owners.
- Flybridge sportfishers: The standard for serious offshore billfishing. These are what fill the IGY tournament docks and what most charter operations run.
- Power catamarans and motor yachts: Increasingly popular with owners splitting time between entertaining, cruising the Sea of Cortez, and occasional fishing rather than dedicated angling.
Whatever you run, budget beyond the slip rate itself. There's a government fuel-dock use fee — roughly $129 for a 42-foot boat at current rates — every time you fuel at the marina, plus electricity, pump-out, and security charges the marina bills separately from the base slip contract. Ask for the full fee schedule in writing before you sign, not just the headline per-foot rate.
The Real Cost of Boat Ownership, Beyond the Slip
The slip rate is the number everyone quotes, but it's rarely the biggest line item once you own the boat for a full year. Here's what else factors into the real annual cost of keeping a boat in Los Cabos:
- Insurance: Mexican marine insurance for a mid-size sportfisher typically runs a few thousand dollars a year depending on hull value, and most marinas require proof of coverage before they'll hand you a slip contract.
- Maintenance and bottom cleaning: Warm Sea of Cortez water grows marine growth fast. Budget for regular diver bottom cleaning, more frequent than you'd need in cooler waters, plus standard engine service intervals.
- Crew or dockhand: Owners who aren't full-time residents almost always hire a local captain or dockhand to check on the boat, run the engines periodically, and handle it for charters or guest use when the owner is away.
- Hurricane season planning: Los Cabos sits in an active hurricane corridor roughly June through November. Marinas have storm protocols, but owners still need a plan — hauling out, additional lines, or relocating the boat during a named storm threat.
None of this is a reason to skip ownership if you genuinely plan to use the boat often. It's just the honest math I walk clients through before they commit, the same way I'd walk anyone through the real carrying costs of a second home.
Buying a Boat in Mexico as a Foreigner
Foreigners can buy and register boats in Mexico without restriction. The two paths are buying a boat already in Mexico with Mexican or transferred foreign registration, or importing your own boat from the US or elsewhere, which triggers the TIP process described above. Either way, work with a marine broker or attorney familiar with Banjercito paperwork — the registration and permit process has enough small procedural requirements that DIY attempts commonly stall at the counter over a missing document.
If fishing is the primary draw, pair your marina research with a real look at what's actually biting and when — my Cabo sportfishing guide breaks down the seasonal calendar for marlin, dorado, and tuna, which should factor into whether you want a boat sitting in a slip year-round or whether chartering seasonally makes more sense. And if entertaining guests matters as much as fishing, look at what a sunset cruise or boat tour operation in Cabo actually charges — it's a useful benchmark for what your own boat could offset in guest costs if you ever wanted to run occasional charters yourself.
Buying Waterfront With Realistic Boat Access
If a boat is part of your Cabo plan, work backward from marina access rather than forward from the prettiest ocean view. Marina Cabo San Lucas puts you closest to IGY and downtown. Puerto Los Cabos gives you the owner-discount pathway at its own marina with room to expand. Pedregal offers dramatic hillside views over the marina and downtown but no private slip of its own — you're still renting from IGY like everyone else. None of these guarantee you a slip the day you close; they just put you closer to the waitlist. If marina access is non-negotiable for you, tell me that before we start touring — it changes which properties are even worth your time.
For current slip availability and posted rates, check directly with IGY Marina Cabo San Lucas and Marina Puerto Los Cabos — rates and slip availability shift with demand and I'd rather send you to the source than quote you a number that's gone stale.
Frequently Asked Questions
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Frequently Asked Questions
Can I actually own a boat slip in Cabo, like a condo?+
No. Mexico doesn't have a dockominium or fee-simple slip ownership structure the way parts of Florida or the Caribbean do. Every slip at IGY Marina Cabo San Lucas and Marina Puerto Los Cabos is a rental — annual, seasonal, or transient contract with the marina operator. You can buy a home on the water, but you're always leasing the water itself.
How much does a slip cost at Marina Puerto Los Cabos?+
Marina Puerto Los Cabos publishes rates in the $23 to $32 per foot range, which typically bundles WiFi, water, and security. Property owners inside the Puerto Los Cabos development get roughly a 10% discount off posted rates. A 45-foot sportfisher lands somewhere between $1,035 and $1,440 at those per-foot numbers, before the owner discount.
Is it hard to get a long-term slip at IGY Marina Cabo San Lucas?+
Yes. IGY's 380 slips serve downtown Cabo San Lucas, host most of the sportfishing fleet, and can accommodate vessels up to 375 feet with a 29-foot draft. Long-term annual contracts rarely open up because current holders renew year over year. Most new boat owners start on a transient or seasonal basis and get on a waitlist for an annual slot.
What is a Temporary Import Permit and do I need one?+
If your boat is over 4.5 meters (about 14.7 feet) and registered outside Mexico, you need a Temporary Import Permit (TIP) from Banjercito to keep it in Mexican waters legally. As of April 2026 the permit runs roughly 1,200 pesos (about $55 USD) and is valid for five years. It has to be formally canceled at Banjercito before you sell the boat or transfer ownership to someone else.
How much does a fishing or sunset charter cost in Cabo?+
Standard sportfishing and sunset charters run $1,000 to $3,000 a day depending on boat size and season. Luxury charters push past $5,000. At the high end, premium yacht charters range from about $2,900 for a 4-hour trip on a 48-footer up to $14,500 for a full-day charter on a 130-foot yacht.
Is it cheaper to keep a boat in La Paz instead of Cabo?+
Generally yes. Marina Costa Baja in La Paz posts monthly rates from about $17 per foot for a 30-foot slip up to $50 per foot for a 200-foot yacht, with daily rates of $2 to $3.50 per foot. La Paz is roughly a 2.5-hour drive from Cabo San Lucas, so the savings come with a real access tradeoff if you want to use the boat on weekends.
What boat types do most owners run in Cabo?+
The most common setup for local, in-and-out fishing is a center console or 'super panga' around 23 feet, which handles inshore and near-offshore water well. For serious offshore sportfishing, owners run flybridge sportfishers. Power catamarans and motor yachts are increasingly common for owners who split time between fishing, entertaining, and cruising the Sea of Cortez.
Are there other fees beyond the slip rental?+
Yes. Expect a government fuel-dock use fee — roughly $129 for a 42-foot boat at current rates — every time you fuel up at the marina dock, plus whatever the marina charges for electricity, pump-out, and security beyond the base slip rate. Budget for these as separate line items, not folded into the slip quote.

Aaron Cuha
Real Estate Advisor & Los Cabos Market Expert
Real estate advisor and founder of Living In Cabo. 15+ years helping families navigate complex real estate decisions. Strategic partner with Ronival — Baja's largest brokerage.


