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

Playacar Real Estate Listings

The gated resort community of Playacar is located at the southern end of Playa del Carmen. Encompassing what is essentially Playa’s hotel zone, Playacar is designed around an eighteen hole Von Hagge designed golf course. The residential landscape of Playacar is varied. One can find multi-million dollar seaside villas, luxury condominiums and economical apartments all within the gates of this lush 800 acre compound.

The Playacar 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 Puerto Aventuras Real Estate.

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108 photos Casa Morgana, Playacar $2,900,000 USD City Playa del Carmen Size 1000 sq. m. Style 3 Story Type Residential Bedrooms 6 Bathrooms 6 Half Bathrooms 1 Request More Info
54 photos El Gran Escape, Playacar Phase 2 $785,000 USD City Playa del Carmen Size 332 sq. m. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
Sold 42 photos Casa Roja, Playacar SOLD $399,000 USD City Playa del Carmen Size 415 sq. m. Style Single Story Type Residential Built 2012 Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
42 photos Xaman Ha 7010, Playacar $649,000 USD City Playa del Carmen Size 135 sq. m. Style Single Story Type Condominium Built 1995 Bedrooms 3 Bathrooms 2 Request More Info
Sale Pending 42 photos Casa Katarina, Playacar SALE PENDING $499,000 USD City Playa del Carmen Size 288 sq. m. Style Single Story Type Residential Built 2005 Bedrooms 4 Bathrooms 3 Request More Info
Sold 41 photos Apsara, Playacar Phase 1 "Unique Property" SOLD $499,000 USD "Temporary Price Reduction" City Playa del Carmen Size 355 sq. m. Style Apartment Type Residential Built 2005 Bedrooms 3 Bathrooms 4 Request More Info
31 photos AWA Playacar Phase 2 PH, Playacar $470,651 USD City Playacar Size 305 sq. m. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
14 photos Rincon de Mar Brisa, Playacar $430,000 USD City Playa del Carmen Size 398 sq. m. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
21 photos Maranta 3 Bedrooms, Playacar Phase 2 $395,500 USD City Playa del Carmen Size 167 sq. m. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
22 photos Xaman Ha 7204, Playacar Phase 1 $375,000 USD City Playa del Carmen Style Single Story Type Condominium Bedrooms 1 Bathrooms 1 Request More Info
43 photos Tres Lunas, Playacar Phase 2 $350,000 USD City Playa del Carmen Size 1850 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 2 Request More Info
50 photos Vaiven del Viento 225, Playacar $349,000 USD City Playa del Carmen Style Single Story Type Condominium Built 2011 Bedrooms 3 Bathrooms 3 Request More Info
14 photos Rincon de Mar Arena, Playacar $349,000 USD City Playa del Carmen Size 268 sq. m. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
21 photos Maranta 2 Bedrooms, Playacar Phase 2 $333,500 USD City Playa del Carmen Size 141 sq. m. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
25 photos La Rioja 5, Playacar Phase 2 $330,000 USD City Playa del Carmen Style Single Story Type Residential Bedrooms 3 Bathrooms 4 Half Bathrooms 1 Request More Info
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More Listings

For a broader range of properties that may be available in Playacar 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.