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

Playa del Carmen Real Estate Listings

What was, only a few years ago, a quaint fishing village, Playa del Carmen has become a hot destination for tourists world-wide. Currently, the fastest growing city in the world, Playa has a unique charm and a quirkiness that seem to be almost irresistible to anyone who visits. The city has seen phenomenal growth in the past ten years. It is nearly impossible to turn a corner without seeing a new condominium building in the works. While prices have risen along with Playa's popularity, there are still some good investment values to be found.

Playa Del Carmen Real Estate

The Property 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 agent to confirm availability. Contact us HERE.

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17 photos Downtown Lot $5,900,000 USD City Playa del Carmen Size 1458 sq. m. Style Single Story Type Lots and Land Request More Info
108 photos Casa Morgana $2,900,000 USD City Playa del Carmen Size 1000 sq. m. Style 3 Story Type Residential Bedrooms 6 Bathrooms 6 Request More Info
19 photos Costa Residences 4 Bedrooms $2,800,000 USD City Playa del Carmen Size 647 sq. m. Style Single Story Type Condominium Built 2021 Bedrooms 4 Bathrooms 4 Request More Info
44 photos The Reserve Mayakoba PH $2,167,500 USD City Playa del Carmen Size 432 sq. m. Style Single Story Type Condominium Built 2023 Bedrooms 4 Bathrooms 6 Request More Info
20 photos Naomi Beach 3 Bedroom PH $1,939,377 USD City Playa del Carmen Size 386 sq. m. Style Single Story Type Condominium Bedrooms 2 Bathrooms 3 Request More Info
6 photos Palm Villas 5 Bedrooms $1,814,732 USD City Playa del Carmen Size 597 sq. m. Style Single Story Type Residential Bedrooms 5 Bathrooms 6 Request More Info
6 photos Palm Villas 4 Bedrooms $1,556,507 USD City Playa del Carmen Size 507 sq. m. Style Single Story Type Condominium Bedrooms 4 Bathrooms 4 Request More Info
19 photos UMA Playacar PH $1,527,325 USD City Playa del Carmen Size 515 sq. m. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
21 photos Soleii PH $1,450,000 USD City Playa del Carmen Style Single Story Type Condominium Built 2023 Bedrooms 3 Bathrooms 3 Request More Info
5 photos Lote Phantom $1,400,000 USD City Playa del Carmen Style Single Story Type Lots and Land Built 1990 Request More Info
28 photos More Nostrum "8 Apartments - 1 Block from the Beach" $1,400,000 USD "Attention Investors" City Playa del Carmen Size 1150 sq. m. Style 3 Story Type Multifamily Built 1998 Bedrooms 2 Bathrooms 2 Request More Info
20 photos Naomi Beach 2 Bedroom PH $1,392,559 USD City Playa del Carmen Size 204 sq. m. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
19 photos Costa Residences 3 Bedrooms $1,380,000 USD City Playa del Carmen Size 313 sq. m. Style Single Story Type Condominium Built 2021 Bedrooms 3 Bathrooms 3 Request More Info
46 photos The Reserve Mayakoba 4 Bedrooms $1,351,500 USD City Playa del Carmen Size 293 sq. m. Style Single Story Type Condominium Built 2023 Bedrooms 4 Bathrooms 4 Request More Info
21 photos Soleii Garden House $1,300,000 USD City Playa del Carmen Style Single Story Type Residential Built 2023 Bedrooms 3 Bathrooms 3 Request More Info
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More Listings

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.