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

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16 photos Local Infinito, Playa del Carmen $250,000 USD City Playa del Carmen Size 103 sq. m. Style Apartment Type Commercial Bathrooms 2 Taxes $2000 MXN Request More Info
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28 photos More Nostrum, Downtown (Playa del Carmen) "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 Bedrooms 2 Bathrooms 2 Request More Info
40 photos Condos Dolce Vita, Centro "Amazing ROI" $1,550,000 USD City Playa del Carmen Style 3 Story Type Commercial Bedrooms 1 Bathrooms 2 Request More Info
Sale Pending 59 photos Villas Flamingo, Akumal "4 luxury individual villas" SALE PENDING $1,900,000 USD "“Temporary price reduction”" City Akumal Style 2 Story Type Commercial Request More Info
Sale Pending 38 photos Hotel White Sands, Centro "Fantastic Business Opportunity" SALE PENDING $2,100,000 USD City Playa del Carmen Size 413 sq. m. Style Commercial Type Commercial Bedrooms 12 Bathrooms 10 Taxes $996 USD Request More Info
3 photos , Playacar Phase 2 $65,178 USD "De $65,178 USD à $123,300 USD" City Playa del Carmen Size 36.21 sq. m. Style Commercial Type Commercial Request More Info
3 photos , Playacar Phase 2 $65,178 USD "From $65,178 USD to $123,300 USD" City Playa del Carmen Size 36.21 sq. m. Style Commercial Type Commercial Request More Info
5 photos , Playa del Carmen $66,900 USD "Reduced!" City Playa del Carmen Size 355 sq. ft. Style Single Story Type Commercial Request More Info
5 photos (New Construction) , Ejido $74,800 USD "$ 1,497,300 MXN" City Playa del Carmen Size 296 sq. ft. Style Single Story Type Commercial Request More Info
12 photos , Ejido $78,000 USD "$1,487,719 MXN" City Playa del Carmen Size 280 sq. ft. Style Single Story Type Commercial Request More Info
5 photos , Centro $82,170 USD City Playa del Carmen Style Commercial Type Commercial Request More Info
10 photos (New Construction) , Playa del Carmen "A partir de 1'750,000,00 MNX à 4'233,400,00 MNX" $87,500 USD "De 87,500 USD à 211,670 USD" City Playa del Carmen Size 40 sq. m. Style Commercial Type Commercial Request More Info
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