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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12 photos (New Construction) Zek Tulum PA Balcon, Tulum $75,758 USD City Tulum Size 40.4 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
11 photos (New Construction) Distrito Dovan Studio, Playa del Carmen $88,214 USD City Playa del Carmen Size 43.85 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
15 photos Kim Kobá, Tulum $98,000 USD City Tulum Size 72 sq. m. Type Condominium Development Level Under Construction Bedrooms 2 Bathrooms 2 Request More Info
28 photos (New Construction) Quartier 75 Studio, Playa del Carmen $101,515 USD City Playa del Carmen Size 55.6 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
28 photos K'oopte 1 Bedroom, Tulum $106,450 USD City Tulum Size 57 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
15 photos (New Construction) Eskina Studio, Playa del Carmen $107,746 USD City Playa del Carmen Size 37 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
8 photos Gardens Cobá Studio, Tulum $109,000 USD City Tulum Size 34 sq. m. Type Condominium Development Level Built Bedrooms 1 Bathrooms 1 Request More Info
Sold 35 photos Selva Escondida, Puerto Morelos SOLD $110,000 USD City Puerto Morelos Size 66 sq. m. Type Condominium Development Level Built Bathrooms 1 Condo Fee $900 MXN Request More Info
35 photos (New Construction) Amazona Studio, Tulum $110,065 USD City Tulum Size 42.47 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
11 photos (New Construction) Distrito Dovan 1 bedroom, Playa del Carmen $114,830 USD City Playa del Carmen Size 61.66 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
10 photos (New Construction) Xexen & Xakah Tulum Studio, Tulum $118,000 USD City Tulum Size 44.7 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
12 photos Lik Zama II, Aldea Zama $118,845 USD City Tulum Size 37 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 1 Request More Info
21 photos (New Construction) Allegro Elite Tulum Studio, Tulum $118,872 USD City Tulum Size 45.7 sq. m. Type Condominium Development Level Under Construction Bathrooms 1 Request More Info
15 photos (New Construction) Kim Kobá PH, Tulum $120,000 USD City Tulum Size 76 sq. m. Type Condominium Development Level Under Construction Bedrooms 2 Bathrooms 2 Request More Info
7 photos Luna Residences, Tulum $123,750 USD City Tulum Size 37 sq. m. Type Condominium Development Level Under Construction Bedrooms 1 Bathrooms 2 Request More Info
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