Conrad Residences Los Cabos at Oleada: Full Buyer's Guide
Published: August 2026 | Author: Cabo Lux Realty | Reading time: 8 min
Los Cabos is experiencing the most significant concentration of luxury branded residential openings in its history. Among the most anticipated is Conrad Residences Los Cabos, an exclusive collection of 43 branded residences set within Oleada Pacific Living & Golf—an 860-acre oceanfront master-planned community on the Pacific coastline, just 15 minutes from downtown Cabo San Lucas and directly adjacent to Rancho San Lucas.
This guide covers everything a prospective buyer needs to know: the Conrad brand pedigree, unit configurations and pricing, the resort amenity package, Hilton's rental management program, the projected delivery timeline, and how the project stacks up against competing hotel-branded residences from Montage, Four Seasons, St. Regis, and Waldorf Astoria.
The Conrad Brand: Hilton's Luxury Flagship
Conrad Hotels & Resorts is the upper-luxury tier within Hilton's portfolio, positioned alongside Waldorf Astoria and LXR Hotels & Resorts at the top of the company's 24-brand ecosystem. Founded in 1985 and named after Hilton's founder Conrad Hilton, the brand currently operates more than 50 properties across six continents.
What sets Conrad apart from a real estate investment perspective is Hilton's Branded Residential division. Hilton offers two residential models: Hotel & Resort Residences, which include a fully managed rental program, and Private Residences designed for exclusive owner use. Conrad Residences Los Cabos falls into the resort residence category, giving owners direct access to Hilton's global reservation network, the Hilton Honors loyalty program, and hospitality-grade property management.
According to Hilton's corporate fact sheet, their luxury residential portfolio has expanded significantly, with projects under Waldorf Astoria, Conrad, and LXR brands across the Americas, Europe, the Middle East, and Asia-Pacific. Conrad Los Cabos represents a strategic entry into Mexico's fastest-growing luxury corridor.
Location & the Oleada Master Plan
Conrad Residences Los Cabos sits within Oleada Pacific Living & Golf, a brand-new 860-acre oceanfront resort community along one of the last untouched stretches of Pacific coastline on the southern tip of the Baja California peninsula. The community is set along a one-mile stretch of golden sand beach and is directly adjacent to Rancho San Lucas, the established master-planned resort community featuring a Greg Norman-designed golf course and the Grand Solmar Pacific Dunes Resort.
Oleada's master plan includes:
- Oleada Golf Links — An 18-hole, 7,336-yard links-style course designed by World Golf Hall of Famer Ernie Els, his first course in Mexico. The layout unfolds along the Pacific coastline between the Tiger Woods-designed El Cardonal at Diamante to the south and the Greg Norman course at Rancho San Lucas to the north.
- Three resort hotels — Including the Grand Hyatt Los Cabos (the first all-inclusive Grand Hyatt globally, debuting late 2026) and the Conrad Los Cabos (opening 2027).
- Community amenities — Private beach access, nature and fitness trails, outdoor yoga and wellness spaces, gardens and orchards, a nursery, retail, and 24/7 gated security.
The location offers a notable advantage: proximity to downtown Cabo San Lucas (15 minutes by car) combined with the privacy and exclusivity of a gated, low-density oceanfront community. The San Jose del Cabo International Airport (SJD) is approximately 45 minutes away.
Unit Types, Sizes & Price Points
Conrad Residences Los Cabos will deliver 43 private branded residences within the broader resort, which also includes 175 guestrooms and suites (111 guestrooms over 500 sq ft each with private plunge pools, and 21 suites with oversized plunge pools overlooking the beach).
The residences are designed by the internationally acclaimed Mexican firm Legorreta Architects, known for their bold use of color, geometry, and natural light. Each residence features contemporary Mexican architecture, spacious interiors flowing onto generous terraces with private pools overlooking the Pacific Ocean.
Available Configurations
| Type | Bedrooms | Approx. Interior Size | Listed Price (USD) |
|---|---|---|---|
| Garden / Ground Level | 3–4 BR | ~4,500–5,500 sq ft | From ~$6,800,000 |
| Mid-Level Residence | 4 BR | ~6,100–6,200 sq ft | From ~$6,800,000 |
| Ground-Level Premium | 5 BR / 5 BA | ~7,492 sq ft | ~$8,550,000 |
| Penthouse | 5 BR / 5 BA | ~8,021 sq ft | ~$8,950,000 |
Note: Pricing is based on current MLS listings (MLS BCS #26-2628) and is subject to change. Contact the sales team or an authorized broker for the most current availability and pricing.
At a price-per-square-foot range of approximately $1,100–$1,200 USD, Conrad Residences Los Cabos positions itself competitively within the branded luxury segment in Los Cabos, offering substantially more interior space than many competing projects at comparable or lower per-square-foot pricing.
Resort & Residential Amenities
Owners at Conrad Residences Los Cabos gain access to the full resort amenity package, which includes:
Wellness & Fitness
- 3,000 sq ft destination spa with 10 treatment rooms
- Full-service fitness center
- Bridal suite with full-service salon
- In-residence spa services on demand
- Personal fitness trainers
Dining
- Five dining venues: all-day restaurant, specialty restaurant, pool bar & grill, beach bar & grill, and a lobby lounge bar with sunset views
- Private chef and event catering for residence owners
Residential-Exclusive Services
- Private residential lounge
- Dedicated personal concierge
- Private pool on every terrace
- In-residence spa, chef, and event services
- Priority access to Oleada Golf Links (Ernie Els design)
Community-Level Amenities (Oleada)
- Private beach access along one mile of Pacific coastline
- Nature trails, hiking and biking paths
- Outdoor fitness and yoga spaces
- Gardens, orchards, and nursery
- Retail village
- 24/7 gated security
Hilton Rental Program & Ownership Benefits
One of the strongest value propositions of purchasing a Conrad-branded residence is access to Hilton's global distribution network. For owners who do not occupy their units year-round, this translates into meaningful rental income potential through one of the world's largest hospitality platforms.
How the Rental Program Works
Hilton's Hotel & Resort Residences model typically operates as follows:
- Revenue split: Owners participate in a managed rental program, with revenue sharing structures that commonly follow a 50/50 model on hotel-night revenues. Ownership covers variable costs such as utilities during rental periods.
- Owner use: Programs typically allow owners approximately 120 nights per year of personal use, with discounted rates available on additional nights.
- Professional management: Hilton handles reservations, housekeeping, maintenance, and guest services, ensuring the property is maintained to Conrad brand standards at all times.
- Hilton Honors integration: The property is bookable through Hilton's reservation system and loyalty program, providing access to over 190 million Hilton Honors members worldwide.
Note: Specific rental program terms for Conrad Los Cabos should be confirmed directly with the developer, as structures can vary by project. The details above reflect Hilton's standard branded residential rental models.
Additional Ownership Benefits
- Hilton Honors Diamond-tier status or equivalent recognition
- Preferred rates and benefits across Hilton's global portfolio of 8,000+ properties
- Resort-level property management and maintenance
- Institutional-grade brand protection for long-term asset value
Delivery Timeline
According to Hilton's official announcement and multiple industry sources, Conrad Los Cabos is expected to open in 2027. The broader Oleada community is advancing on schedule: the Grand Hyatt Los Cabos, the first hotel within Oleada, is targeting a late 2026 opening, and the Ernie Els-designed Oleada Golf Links is also set for a 2026 debut.
Construction on the Conrad resort and residences is underway. Buyers entering the project during the pre-delivery phase may benefit from pre-construction pricing and customization options. As with all pre-construction purchases in Mexico, buyers should:
- Verify the fideicomiso (bank trust) structure for foreign ownership in the restricted zone
- Review escrow arrangements and payment milestone schedules
- Confirm delivery guarantees and penalty clauses in the purchase agreement
- Engage a qualified Mexican real estate attorney for due diligence
How Conrad Stacks Up Against Other Hotel-Branded Residences in Los Cabos
Los Cabos now hosts a concentration of hotel-branded residences unmatched in Latin America. Here is how Conrad Residences compares to the four primary competitors:
| Property | Brand | Location | Units | Bedrooms | Starting Price | Status |
|---|---|---|---|---|---|---|
| Conrad Residences | Conrad (Hilton) | Oleada, Pacific | 43 | 3–5 BR | ~$6.8M | Pre-sale / Delivery 2027 |
| Montage Residences | Montage | Twin Dolphin, Corridor | 52 | 2–3 BR | ~$3.95M | Delivered / Resales |
| St. Regis Residences | St. Regis (Marriott) | Quivira, Pacific | Villas + Condos | 3–4 BR | ~$3M (condos) / $4.5M+ (villas) | Delivery late 2026 |
| Four Seasons Residences | Four Seasons | Costa Palmas, East Cape | Multiple phases | 3–5+ BR | ~$4.95M | Delivered / New phases |
| Waldorf Astoria | Waldorf Astoria (Hilton) | Pedregal, Cabo | 66 rooms (hotel) | Hotel suites | N/A (hotel only) | Operating |
Key Differentiators for Conrad Residences
- Largest units in the market: At up to 8,021 sq ft, Conrad's penthouses are among the largest branded residence floorplans available in Los Cabos. Montage units max out at approximately 3,000 sq ft.
- Competitive price per square foot: Despite higher absolute prices, Conrad's ~$1,100–$1,200/sq ft is comparable to or lower than several competitors when adjusted for unit size and finish level.
- Hilton's global distribution: With 190M+ Hilton Honors members, the rental income potential through Hilton's reservation network is a significant advantage over independent or smaller-brand alternatives.
- New-build community: Unlike Montage (delivered 2018) or Waldorf Astoria Pedregal (rebranded from The Resort at Pedregal), Conrad is a ground-up new construction within a fresh master-planned community with modern infrastructure.
- Golf advantage: The Ernie Els-designed Oleada Golf Links provides a marquee amenity. Coupled with proximity to Greg Norman's course at Rancho San Lucas and Tiger Woods' course at Diamante, the Pacific corridor now offers three world-class courses within a few miles.
- Architecture: Legorreta Architects—the firm behind some of Mexico's most iconic contemporary buildings—designed the residences, lending genuine architectural distinction rather than generic resort styling.
Considerations
- Higher entry price: At ~$6.8M starting, Conrad requires a larger capital outlay than Montage (~$3.95M) or St. Regis condos (~$3M), though it delivers significantly more space.
- Pre-delivery risk: Unlike Montage or Four Seasons Costa Palmas, which are already operating, Conrad is still in the pre-construction/construction phase with a 2027 delivery target.
- Pacific side surf: The Pacific coastline offers dramatic scenery but rougher waters compared to the swimmable Sea of Cortez beaches on the Corridor or East Cape.
Frequently Asked Questions
1. Can foreigners buy Conrad Residences Los Cabos?
Yes. Foreign nationals can purchase property in Los Cabos through a fideicomiso (bank trust), which is the standard legal mechanism for foreign ownership in Mexico's restricted coastal zone (within 50 km of the coast). The fideicomiso grants full ownership rights including the ability to sell, lease, renovate, and pass the property to heirs. Trust terms are typically 50 years and renewable indefinitely.
2. What is the expected rental income from a Conrad-branded residence?
While specific projections for Conrad Los Cabos have not been publicly disclosed, Hilton's branded residential rental programs typically follow a managed model with a revenue-sharing structure (commonly around 50/50 on hotel-night revenues). Los Cabos is a year-round destination with strong occupancy rates in the luxury segment, particularly from November through May. The Hilton Honors network of 190M+ members provides meaningful booking distribution that smaller or independent properties cannot match. Contact the sales team for project-specific pro formas.
3. When will Conrad Residences Los Cabos be ready for occupancy?
Hilton and the developer have announced a 2027 opening for Conrad Los Cabos. The broader Oleada community is progressing on schedule, with the Grand Hyatt Los Cabos and the Oleada Golf Links both targeting late 2026 debuts. Buyers in the pre-sale phase should confirm contractual delivery dates and any delay penalties with the developer.
4. How do HOA fees and maintenance costs work at Conrad Residences?
Hotel-branded residences typically carry higher HOA and maintenance fees than non-branded properties because they fund resort-level services, staffing, and amenity upkeep. As a reference point, Conrad-branded residences in other markets (such as Fort Lauderdale) carry monthly HOA fees ranging from $1,200 to $4,700 depending on unit size. The specific fee structure for Conrad Los Cabos should be confirmed with the developer, but buyers should budget for premium maintenance costs in exchange for the hotel-quality service and property care that protects long-term asset value.
5. What is the difference between Conrad and Waldorf Astoria within Hilton's portfolio?
Both brands sit at the top of Hilton's luxury tier, but they target different sensibilities. Waldorf Astoria is Hilton's heritage ultra-luxury brand, known for classic elegance and landmark properties (such as the Waldorf Astoria Los Cabos Pedregal). Conrad is positioned as a modern luxury brand emphasizing contemporary design, intuitive service, and locally inspired experiences. In Los Cabos, the Waldorf Astoria Pedregal operates as a 66-room boutique hotel without a branded residential component, while Conrad at Oleada offers 43 fully branded residences with a managed rental program—making Conrad the clear choice for investors seeking hotel-branded residential ownership within the Hilton ecosystem.
Sources
- Hilton Newsroom — Hilton Expands Luxury Portfolio with Signing of Conrad Los Cabos
- Hilton Newsroom — Branded Residential by Hilton Fact Sheet
- Luxury Travel Advisor — Hilton Expands Luxury Portfolio With Signing of Conrad Los Cabos
- Engel & Völkers Snell Real Estate — Conrad Residences Los Cabos at Oleada
- Engel & Völkers Snell Real Estate — Conrad Residences Los Cabos
- Conrad Residences Official — Conrad Residences at Oleada Los Cabos
- LuxuryRealEstate.com — Conrad Residences, Pacific, Baja California Sur (MLS pricing data)
- Qualtor Real Estate — Conrad Residences, Pacific (MLS# 26-2628)
- Markets of Tomorrow — Conrad Los Cabos at Oleada
- BrandedResi.com — Conrad Branded Residences To Offer Resort Style Living in Los Cabos
- BrandedResi.com — How Rental Programmes Can Drive Real Value for Owners of Hotel Branded Residences
- Forbes — Ernie Els' First Mexico Golf Course, Oleada, Nears Los Cabos Debut
- Forbes — Ernie Els To Design Cabo's Newest Golf Course
- Vansirius Luxury Real Estate — Oleada Los Cabos Real Estate
- Baja Properties — New Luxury Resort Residences Coming Soon to Cabo San Lucas
- The Points Guy — Conrad Los Cabos Will Give Hilton Loyalists a New Reason to Head to Baja
- Mann About Town — Los Cabos Enters a New Era of Luxury
- St. Regis Residences Los Cabos — The Residences at The St. Regis Los Cabos
- Cabo Real Estate Services — Four Seasons at Costa Palmas
- SearchCaboRealEstate.com — St. Regis Quivira Cabo San Lucas Residences
- Montage Residences Los Cabos — Montage Residences Los Cabos Official
- Branded Residences Register — Branded Residences in Los Cabos
Cabo Lux Realty specializes in luxury real estate across Los Cabos, including branded residences, oceanfront villas, and investment properties. For a private consultation on Conrad Residences Los Cabos or any property in the Los Cabos market, contact our team.
Escrito por Guillermo Von Papendieck
Founder · Cabo Lux Realty · Los Cabos Specialist
Especialista en bienes raices de lujo en Los Cabos, ayudando a compradores americanos e internacionales a encontrar su propiedad ideal en Baja California Sur.