The furnished upper-level balcony at Casita 49, on the market for $4.5 million, in the gated Villas Del Mar community near San Jose del Cabo, Baja California Sur, Mexico, Nov. 10, 2014. The cliffside home, built in 2005, offers wraparound terraces and dramatic views of Palmilla Bay in a neighborhood of vacation homes. (Adriana Zehbrauskas/The New York Times)