Family office · Los Cabos · Naples

Real estate investment and development in Los Cabos and Naples.

529 Capital is a family office that acquires land and develops real estate with long-term capital and trusted partners — creating lasting value for our partners and for the communities where we invest.

Land760 haOwned free and clear in San José del Cabo — about 13% of the Los Cabos corridor.
RootsFive decadesOf family history in San José del Cabo, with lasting ties to the community and local government.
Family office25+ yearsInvesting our own capital first, and holding for the long term.
MarketsTwoLos Cabos, Baja California Sur, and Naples, Florida.

01 / Who we are

A family office that builds where it has roots.

529 Capital began as a family office in San José del Cabo. Over five decades the family has bought land, built businesses, and helped shape the town as it grew into one of the world's leading resort destinations.

Today we put that land and those relationships to work: we acquire and control the land, bring in proven partners for design, construction, and operations, and stay invested from the first survey to the finished community. In Naples, Florida, we apply the same model alongside landowners who would rather build value than sell.

03 / Markets

Two coasts, one way of working.

Both markets draw buyers from across the United States and abroad, and in both we work where we live and know the ground.

Baja California Sur, Mexico

Los Cabos

Our home market. We own and control land along the Los Cabos corridor, one of the most sought-after resort destinations in the Americas, with direct flights to major U.S. cities.

  • —Resort, residential, and golf communities
  • —Hospitality and short-term rentals
  • —Commercial, industrial, and service land near the airport

Southwest Florida, USA

Naples

Our U.S. base. We partner with landowners to build new homes on their land: the owner contributes the land, 529 Capital brings the capital, design, and construction team, and the owner shares in the profit of what is built.

  • —Joint ventures with landowners
  • —New residential construction
  • —Lot splits and small-scale development

04 / Flagship project

529 Los Cabos, a master-planned community.

A resort and residential community on 760 hectares of canyon, desert, and ocean-view land in San José del Cabo — planned around a boutique hotel and spa, branded residences, a championship golf course, and a beach club, with 300 hectares kept as natural preserve.

Resort & spa Branded residences Golf village Beach club Equestrian & organic farm
760 haOwned free and clear by 529 Capital
18 holesGolf course by Nicklaus Design
15 minFrom Los Cabos International Airport
300 haSet aside to preserve the natural landscape

05 / Portfolio

Select projects & land.

Current projects and past acquisitions in and around San José del Cabo.

Current projects

529 Los Cabos

760-hectare resort, residential, and golf community in San José del Cabo.

Residential & hospitality

Pescador

Mixed use

Airport land

Controlled land next to Los Cabos International Airport, one of the busiest in Mexico.

Industrial & services

Land acquisitions

Development land held for future residential and commercial projects.

Development land
Past projects & acquisitions

MAIA Los Cabos

Hospitality

Balandra

Residential

Plaza Perla

Mixed use

06 / Investment approach

How we invest our own capital.

Four principles we apply to every project, and ask our partners to hold us to.

i.

Know the ground

We invest where we have lived and worked for decades, and study demand, growth, and the local economy before we buy.

ii.

Diligence before commitment

Title, permits, finances, and operations are reviewed in full before capital is committed — ours or a partner's.

iii.

The best partners for each stage

We work with leading firms in master planning, architecture, golf design, and market research, and stay involved with each of them through delivery.

iv.

Hold for the long term

We plan to own through market cycles, manage actively, and leave the places we build better than we found them.

07 / Our team

The people behind 529 Capital.

Three generations of experience in land, business, and finance — and true to our roots as a family office.

Carlos Alvarez Sr.

Carlos Alvarez Sr.

Founder Emeritus

A lifetime in real estate and land acquisition, with a record of successful projects and lasting relationships with the community and government. A respected member of San José del Cabo, where he has lived and helped transform the region for more than 50 years.

Carlos Alvarez

Carlos Alvarez

Founder & Chairman

An entrepreneur with more than 25 years in food manufacturing and real estate, and a pioneer of food manufacturing in Baja California Sur. His clients range from national retailers to most of the hotels in Los Cabos. Accounting degree, Universidad Panamericana.

Victor Morales

Victor Morales

Founder & Partner

A management consultant with more than 15 years in infrastructure, finance, M&A, and capital investment, delivering complex projects for Fortune 500 companies worldwide. BSc in Electrical Engineering and MBA from IE Business School. Based in Naples.

The 529 Capital team and advisors on site, San José del Cabo

Contact us

Our doors are always open.

Investors, landowners, and partners are welcome to call, email, or use the form. We reply to every message.

Office
4851 Tamiami Trail, Naples, FL 34103, USA
Markets
Los Cabos · Naples

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