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

Akumal Real Estate for Sale

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15 photos EMMA Y ELISSA AWESOME APARTMENT, LOCK OFF, 2 BED ROOM , Suite C. FLAMINGOS, Akumal (PAP2372930 / 411) "Beach Front Developtment!!" $526,572 USD "Better Imposible!!!" City Playa del Carmen Size 1235 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $344 USD Request More Info
24 photos HOUSE 3 BEDROOMS - MAGNIFICENT RESIDENTIAL - THE BEST AMENITIES - AKUMAL, Akumal (PHO3698095) $378,632 USD City Akumal Size 2247.71 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 2 Request More Info
25 photos SPECTACULAR HOUSE 3 BEDROOMS - RESIDENTIAL - WITH THE BEST AMENITIES - AKUMAL, Akumal (PHO3698156) $344,211 USD City Akumal Size 1999.07 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 2 Request More Info
25 photos HOUSE IN MAGNIFICENT RESIDENTIAL - THE BEST AMENITIES - AKUMAL, Akumal (PHO3695939) $315,527 USD City Akumal Size 1726.74 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
11 photos (New Construction) NICE APARTMENT 2 BED. -TRANQUILITY ENVIRONMENT -AKUMAL, Akumal (PAP3808357) $255,000 USD City Akumal Size 1593.06 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
11 photos Luxury APARTMENT 2 BED. -OUTDOOR CINEMA AND MORE AMENITIES- AKUMAL, Akumal (PAP3808462) $235,000 USD City Akumal Size 1119.45 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
22 photos APARTMENT 1 BED. 3 LEVEL - IMMEDIATE DELIVERY- ACCEPT BANK CREDIT- BAHIA PRINCIPE AKUMAL, Bahia Principe (PAP3709283) $230,000 USD City Akumal Size 1231.39 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Request More Info
11 photos 2 BEDROOMS APARTMENT- ROOFTOP -OUTDOOR CINEMA AND MORE AMENITIES- AKUMAL, Akumal (PAP3808425) $221,000 USD City Akumal Size 1119.45 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
22 photos APARTMENT 2 BED. - IMMEDIATE DELIVERY- BANK CREDIT ACCEPTED - BAHIA PRINCIPE AKUMAL, Bahia Principe (PAP3709254) $220,900 USD City Akumal Size 1012.88 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
21 photos APARTMENT 1 BED. - IMMEDIATE DELIVERY- BANK CREDIT ACCEPTED- BAHIA PRINCIPE AKUMAL, Bahia Principe (PAP3709108) $198,000 USD City Akumal Size 878.33 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Request More Info
148 photos Villa Miramar, Akumal "Stunning Beachfront Mansion!" $3,990,000 USD City Akumal Size 10200 sq. ft. Style 2 Story Lot Size 17782 sq. ft. Type Residential Built 1999 Bedrooms 7 Bathrooms 7 Taxes $50808 MXN Request More Info
15 photos , Akumal (MH10) "Amazing CAVE diving Cenote with a house and 7 acres" $3,000,000 USD "Diving Cenote" City Akumal Size 300 sq. m. Style Apartment Lot Size 3 hectares Type Residential Built 2008 Bedrooms 3 Bathrooms 2 Request More Info
27 photos Akumal Villa Ak, Beachfront "Diamond in the Rough" $2,799,000 USD "GREAT DEAL, JUST REDUCED!" City Akumal Size 1077 sq. m. Style Single Story Type Residential Built 2000 Bedrooms 6 Bathrooms 6 Half Bathrooms 1 Request More Info
144 photos Taj Kumal, Akumal "Decadent Beachfront Home!" $2,799,000 USD "Temporary price reduction" City akumal Size 1077 sq. m. Style Single Story Lot Size 1602 sq. m. Type Residential Built 2000 Bedrooms 6 Bathrooms 6 Request More Info
32 photos Tajkumal an amazing income producing property, Akumal norte "Unique property - top location" $2,700,000 USD "reduced price" City Akumal Size 1077 sq. m. Style 2 Storey Lot Size 1602 sq. m. Type Residential Built 2000 Bedrooms 6 Bathrooms 6 Half Bathrooms 1 Request More Info
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Akumal Real Estate for Sale