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

Akumal Real Estate Listings

Mayan for “Place of the Turtles”, Akumal remains a protected haven for the gentle creatures that return every year to build their nests and lay their eggs. This attention to preservation and environmental concerns has limited the development in this tranquil beach community. The coastline of Akumal is dotted with luxurious villas and smaller hotels and resorts. A favorite spot of snorkelers, Akumal boasts an easily accessible reef system full of vibrant living coral and teaming with sea life. The tiny seaside village supports a full service dive shop, a small grocery store, a handful of cafes and restaurants and even a lovely art gallery.

The Akumal Real Estate Listings displayed on this page are those that we personally know and recommend. We can confirm the availability of the property and the accuracy of the information listed.

If you do see something that is of interest to you or have a question about a particular Real Estate Listing, we would be happy to make contact with the appropriate Real Estate Listing Agent to confirm availability. Contact us HERE.

Check out these listings for Tulum Real Estate.

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7 photos Chemuyil $55,000 USD City Chemuyil Style Lot / Land Type Lots and Land Request More Info
6 photos Rancho Santa Teresita "Elite Gated Jungle Community" $55,000 USD "$52,500 - $57,500" City Akumal Size 4944 sq. m. Style Single Story Type Lots and Land Request More Info
17 photos Akumal $89,000 USD City Akumal Size 39 sq. m. Style Single Story Type Condominium Request More Info
14 photos Akumal $99,500 USD City Akumal Size 39.2 sq. m. Style Single Story Type Condominium Bedrooms 1 Bathrooms 1 Request More Info
6 photos Rancho San Martin $100,000 USD City Akumal Style Lot / Land Type Lots and Land Request More Info
4 photos Bahia Principe $140,000 USD City Akumal Style Lot / Land Type Lots and Land Request More Info
Sold 9 photos Tankah SOLD $149,000 USD City Tulum Style Lot / Land Type Lots and Land Request More Info
28 photos Bahia Principe $159,000 USD City Akumal Size 72 sq. m. Style Single Story Type Residential Built 2017 Bedrooms 1 Bathrooms 1 Request More Info
6 photos Grand Sirenis Resort "Private Gated Community" $162,659 USD City Akumal Size 75 sq. m. Style Apartment Type Condominium Built 2018 Bedrooms 2 Bathrooms 2 Request More Info
7 photos Akumal $164,500 USD City Akumal Size 83 sq. m. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
18 photos Grand Sirenis Resort $170,000 USD City Sirenis Style Single Story Type Lots and Land Request More Info
6 photos Sirenis Akumal $173,830 USD City Akumal Size 87 sq. m. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
22 photos Sirenis Akumal "Motivated Seller" $174,000 USD "Reduced!" City Akumal Size 94 sq. m. Style Single Story Type Condominium Built 2017 Bedrooms 2 Bathrooms 2 Request More Info
36 photos Akumal $175,000 USD City Akumal Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
31 photos Sirenis "Starting at $182,000" $179,156 USD "Financing Available" City Akumal Size 110 sq. m. Style Single Story Type Condominium Built 2012 Bedrooms 2 Bathrooms 2 Request More Info
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More Listings

For a broader range of properties that may be available in Akumal and all along the Riviera Maya, please click on the "More Listings" link above. These listings are imported from numerous external Real Estate Agencies and stored in a centralized database. The data is only as good as the agents who maintain it. For this reason, we can neither confirm the current availability of these listings nor the accuracy of the information given. Unfortunately, much of the information may be out of date.