After a staggering 40-year intestacy battle, it has been officially confirmed that half of Cabo San Lucas's port will now belong to the descendants of Vicente Arballo Macklis, a prominent businessman and cattle rancher.
Hermelinda Vargas, a reporter from Los Cabos, has unveiled the details, calling it an unprecedented case in Baja California Sur. The outcome could potentially disrupt the booming real estate sector if the land transfer process is not handled carefully.
The restitution spans a massive area, from the iconic Arco de Cabo San Lucas to the San Cristobal ranch.
These are the lands where luxury developments such as Rancho San Lucas, Waldorf Astoria, Pedregal, Pueblo Bonito, Quivira, Diamante and the Playa Grande hotels are located.
A shocking twist in the 40-year legal saga!
Vicente Arballo bought the La Laguna property to convert it into a cattle ranch in 1943. It covers half of what we know today as the Port of Cabo San Lucas and the entire area where the luxury neighborhoods of El Tezal are located.
But when he died, he did not leave a will, so his heirs initiated an intestate proceeding, which is the one that has just concluded after 40 years.
The Arballo family's claim extends far beyond the port, covering a staggering 40 of Cabo San Lucas's most densely populated neighborhoods.
All that stands in the way of this monumental land transfer is the district judge's final order, which will change the cadastral codes to the Arballo Estate, led by Mrs. Blanca Arballo.
In an exclusive update, reporter Hermelinda Vargas reveals that while the Arballo family pledges an orderly process, concerns are mounting over the potential ripple effects on Cabo’s booming real estate and tourism sectors, the lifeblood of the local economy.
Will this landmark decision reshape the city’s future? Stay tuned!
@morganmexico #JUICIOARBALLO #FAMILIAARBALLO #CABOSANLUCAS #LOSCABOS #FYP #BCS ♬ sonido original - Cuauhtémoc Morgan
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