Can foreigners really own property in Mexico?

es! Today, Mexican laws give foreigners the ability to own real estate in Mexico. There is, however, a Restricted Zone that extends 50 km inland from the coastline. Outside the Restricted Zone, a foreigner may acquire land and be direct owners of the property with all the rights of a Mexican national in compliance with Mexican Law. Inside the Restricted Zone, there are two alternatives for foreigners who wish to buy real estate. Since 1973, foreigners have been able to purchase coastal property through a Mexican bank trust, known as a Fideicomiso.

Can I get financing for my real estate purchase in Mexico?

Unfortunately, at this time, there are no financing or mortgage options for foreign buyers in Quintana Roo. This can change at any time and updates will be posted.

What about the availability of title insurance?

Beginning in 1996, Stewart Title Mexico began underwriting title insurance for Mexican properties at an approximate cost of 1% of the insured amount. Other types of insurance, including property, liability, damage, and earthquake, are all readily available in Mexico, at low cost, and policies can be written to pay claims in U.S. dollars.

What can I expect to pay in property taxes?

Property taxes have historically been low in Mexico because they have never been considered a source of governmental revenue. Known as Predial, the tax is calculated as a percentage (currently .25% of the assessed value), determined at the time of sale. Generally speaking, you can expect to pay $100usd per $100,000usd of assessed value yearly.

Who will manage my property when I am not using it?

Choosing the right Property Management company can mean the difference between an excellent appreciating investment and a huge liability. If you are a property owner in search of Property Management, we are happy to be able to refer you to the best, most professional Property Management companies and will gladly arrange a meeting with their teams. The right management company for you will take the time to a construct a cohesive plan that will best serve your particular needs and help you to realize your property's maximum potential and protect your investment.

Why should I consider buying property in Mexico?

The coastal real estate market in Mexico is booming. Mexico's economy, the 9th largest in the world, values and encourages foreign investment dollars and especially tourism; Mexico is a top world-destination for both vacation and retirement among US and Canadian

Check Our Property Selection: Homes, Condos, and Beachfront Properties

We are proud to offer an extensive range of Playa del Carmen, Tulum, and Riviera Maya properties to cater to diverse tastes and budgets:

Luxury homes: Discover our collection of elegant and modern villas, offering unparalleled comfort and privacy, nestled within exclusive gated communities.

Stylish condos: Browse through our selection of contemporary condos, featuring top-notch amenities such as swimming pools, gyms, and 24-hour security, located near the beach and the famous 5th Avenue.

Beachfront properties: Find your slice of paradise with our exquisite beachfront properties, providing direct access to the azure Caribbean Sea and breathtaking ocean views.

Playa del Carmen Mexico Your Gateway to Paradise

Imagine waking up to the sound of gentle waves crashing on pristine white sands, as warm sunlight streams through your window, inviting you to embrace the day. Welcome to Playa del Carmen and Tulum, Mexico, a world-class destination for those seeking an unparalleled lifestyle in the heart of the Riviera Maya. Our team of dedicated real estate experts is here to help you find the perfect home, condo, or beachfront property for sale in this vibrant tropical paradise.

Playa Del Carmen and Tulum, Mexico, have evolved from tiny villages into two of the most popular tourism destinations in the world. Their meteoric rise can be attributed to the development of the Riviera Maya, a stunning stretch of coastline along the Yucatan Peninsula, which began attracting attention in the 1990s for its pristine beaches, crystal-clear waters, and vibrant coral reefs. The Mexican government and private investors recognized the region's potential and heavily invested in infrastructure and tourist facilities, transforming these once-sleepy towns into bustling tourist hubs. Additionally, their close proximity to world-renowned attractions such as ancient Mayan ruins, the eco-adventure parks of Xcaret and Xel-Há, and the famous cenotes has contributed to their allure, drawing millions of visitors annually. Over time, Playa Del Carmen and Tulum have established themselves as must see destinations, renowned for their natural beauty, rich cultural heritage, and diverse range of experiences catering to tourists from all walks of life.

Trust Our Expertise: Buyplaya is Your Partner in Mexico Real Estate

Our team of experienced real estate agents understands the unique dynamics of the Playa del Carmen market. We are committed to providing personalized, professional service to ensure that your property search is enjoyable and stress-free. From property tours and negotiations to legal advice and post-sale support, we are with you every step of the way.

Why Invest in Playa del Carmen Real Estate or Tulum Real Estate?

Playa del Carmen has transformed from a small fishing village to a bustling tourist hotspot and a thriving real estate market. Investors and homebuyers alike are drawn to this idyllic destination for its:

Expanding real estate market: The real estate market in Playa Del Carmen has been expanding steadily over the past years, with a variety of property options available, including beachfront condos, luxury villas, and residential developments. This diverse range of properties caters to different investment preferences and budgets, making it attractive to investors.

High rental demand: Due to its popularity among tourists, Playa Del Carmen experiences high rental demand, especially during peak travel seasons. This provides investors with the opportunity to generate consistent rental income from their properties, making it an appealing investment choice.

Potential for capital appreciation: As Playa Del Carmen continues to grow and attract more tourists and investors, property values in the area are likely to increase over time. This potential for capital appreciation makes investing in Playa Del Carmen real estate an attractive long-term investment.

Favorable location: Playa Del Carmen is strategically located along the Riviera Maya, between Cancun and Tulum, making it an ideal base for exploring the region's attractions. The city also boasts excellent infrastructure, with easy access to the Cancun International Airport, making it convenient for both tourists and investors.

Tourism growth: Playa Del Carmen has experienced rapid growth as a popular tourist destination, known for its stunning beaches, vibrant nightlife, and close proximity to other attractions like Mayan ruins and eco-parks. The booming tourism industry offers investors opportunities to capitalize on vacation rentals, hotels, and other hospitality businesses.

Why invest in Tulum, Mexico?

There are several reasons why someone would invest in Tulum, Mexico real estate:

Growing tourism industry: Tulum has become a popular tourist destination, attracting visitors from around the world for its beautiful beaches, lush jungles, and ancient Mayan ruins. This growing tourism industry presents lucrative opportunities for real estate investors, particularly in vacation rentals and hospitality.

Affordable real estate prices: Compared to other popular beach destinations, Tulum offers relatively affordable real estate prices. This makes it an attractive option for investors looking to enter the market without breaking the bank.

High rental demand: With its booming tourism industry, there is a high demand for vacation rentals in Tulum. This provides investors with the opportunity to generate consistent rental income from their properties.

Potential for capital appreciation: As Tulum continues to develop and attract more tourists and investors, real estate prices are likely to rise over time. This potential for capital appreciation makes investing in Tulum real estate an attractive long-term investment opportunity.

Eco-friendly development: Tulum is known for its commitment to sustainable and eco-friendly development, with many properties incorporating green building practices and technologies. This focus on sustainability can attract environmentally-conscious tourists and renters, increasing the desirability of your investment.

Beachfront Homes For Sale

Welcome to BuyPlaya Real Estate Advisors where each member of our team is committed to uniting extraordinary properties with extraordinary people!

Who are we?

Rob moved to the Riviera Maya in 2004 with a dream; to raise his family in paradise and invest in the world's fastest growing Mexican Riviera real estate market. Rob quickly identified a need for knowledgeable, trustworthy Buyer representation serving second home buyers and investors from the United States and Canada. From this need was born BuyPlaya Real Estate Advisors.

See all of our listings!

Our featured Riviera Maya villas and condos for sale are a sampling of the best homes available that represent good value in today's market and a strong ROI in the future. Whether you are looking for a retirement home or a unit with great vacation rental income potential, browse through our listings or use our Playa del Carmen Real Estate Search to receive up to the minute market notifications about listings that best fit your needs.

FAQs - Ownership in Mexico

Can foreigners really buy in Mexico? Can you recommend a bilingual state licensed Mexican attorney? Can I mortgage my purchase in Mexico? Who will take care of my property when I am not using it? If you are just beginning your search for land or homes for sale in Mexico you will undoubtedly have many questions about the process. We have done our best to answer many frequently asked questions here.