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

Cancun Real Estate Listings

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

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28 photos Cancun $98,000 USD City Cancun Size 160 sq. m. Development Level Built Bedrooms 2 Bathrooms 2 Listing Created 26-Apr-2021 Request More Info
28 photos Cancun $98,000 USD City Cancun Size 160 sq. m. Development Level Built Bedrooms 2 Bathrooms 2 Listing Created 26-Apr-2021 Request More Info
18 photos (New Construction) Bonfil (RIVIERA MAYA) "LUXURY FINISH" $101,000 USD "PRICES FROM 91,000 USD TO 450,000 USD" City Cancun Size 50 sq. m. Development Level Under Construction Bedrooms 1 Bathrooms 1 Listing Created 03-Aug-2021 Request More Info
5 photos Cancun Centro (Riviera Maya) "Property with easy access to Cancun's activities" $122,631 USD "Starting from" City Cancun Size 109 sq. m. Development Level Under Construction Bedrooms 2 Bathrooms 2 Listing Created 14-Dec-2021 Request More Info
7 photos Lagos Del Sol (Cancun, Mexico) "Townhome Style and Comfort!" $143,625 USD "Spectacular Neighborhood!" City Cancun Size 109 sq. m. Development Level Built Bedrooms 2 Bathrooms 2 Listing Created 21-Jan-2016 Request More Info
37 photos Cancun $171,867 USD City Cancun Size 420 sq. m. Development Level Land Only Listing Created 12-Oct-2021 Request More Info
30 photos Cancun $175,505 USD City Cancun Size 97 sq. m. Development Level Under Construction Bedrooms 3 Bathrooms 2 Listing Created 12-Sep-2021 Request More Info
8 photos Cancun (RIVIERA MAYA) "Excellent location in Cancun" $180,712 USD "Starting from" City Cancun Size 128.94 sq. m. Development Level Built Bedrooms 2 Bathrooms 3 Listing Created 17-Dec-2021 Request More Info
41 photos Cancun $194,157 USD City Cancun Size 169 sq. m. Development Level Under Construction Bedrooms 2 Bathrooms 3 Listing Created 12-Apr-2021 Request More Info
37 photos Cancun $197,500 USD City Cancun Size 188 sq. m. Development Level Built Bedrooms 4 Bathrooms 4 Listing Created 27-Mar-2022 Request More Info
37 photos Cancun $197,500 USD City Cancun Size 188 sq. m. Development Level Built Bedrooms 4 Bathrooms 4 Listing Created 27-Mar-2022 Request More Info
37 photos Cancun $211,109 USD City Cancun Size 496 sq. m. Development Level Land Only Listing Created 12-Oct-2021 Request More Info
37 photos Cancun $211,109 USD City Cancun Size 496 sq. m. Development Level Land Only Listing Created 24-Oct-2021 Request More Info
19 photos (New Construction) Cancun (PAP4339960) $211,286 USD City Cancun Size 1037.96 sq. ft. Development Level Under Construction Bedrooms 2 Bathrooms 2 Listing Created 28-Apr-2022 Request More Info
24 photos (New Construction) Aqua $214,000 USD "Reduced!" City Cancun Size 1831 sq. ft. Development Level Built Bedrooms 3 Bathrooms 3 Listing Created 03-Oct-2021 Request More Info
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For a broader range of properties that may be available in Playa del Carmen 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.