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

All Commercial Properties for Sale in Rivera Maya

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14 photos SANTIAGO EN ESQUINA (VL-1005), Barrio de Santiago $55,000,000 MXN "REDUCED" City Merida Size 4104 sq. m. Style 2 Story Lot Size 2861 sq. m. Type Commercial Request More Info
3 photos Av. universidades, esquina paseo del Mayab, Los Arrecifes Playa del Carmen, Playa del Carmen $43,671,560 MXN City Playa del Carmen Size 8521.28 sq. ft. Style Single Story Type Commercial Request More Info
18 photos , Playa del Carmen (playa del Carmen) $21,000,000 USD City Playa del Carmen Size 7036 sq. m. Style Other Lot Size 183729 sq. m. Type Commercial Built 2012 Bathrooms 70 Half Bathrooms 2 Request More Info
6 photos SANTA LUCIA EDIFICIO COMERCIAL (VL-1017), Centro (VL-1017) $21,000,000 MXN City Merida Size 433 sq. m. Style Single Story Lot Size 578 sq. m. Type Commercial Half Bathrooms 4 Request More Info
13 photos BULEVAR COLOSIO , Suite 0, Cancun (C2703) $19,500,000 MXN City Cancun Size 1000 sq. ft. Style Commercial Type Commercial Built 8 Bathrooms 6 Request More Info
21 photos Playa Paraiso Beachfront property, Suite Beach front land, Playa Paraiso "243 metros lineales de frente al mar" $13,500,000 USD "Terreno frente al mar para 124 habitaciones" City Playa del Carmen Style Commercial Lot Size 12305.06 sq. m. Type Commercial Request More Info
8 photos 3 LOCALES COMERCIALES (VL-1013), Diaz Ordaz (VL-1013) $12,200,000 MXN City Merida Size 466 sq. m. Style 2 Storey Type Commercial Request More Info
14 photos AVE CONSTITUYENTES REGION 12 M007 LOTE 4 ENTRE 75 Y 80, Playa del Carmen "CARIBBEAN STYLE BUILDING" $12,000,000 MXN City Playa del Carmen Size 127452 sq. m. Style Commercial Type Commercial Bedrooms 3 Bathrooms 4 Request More Info
12 photos (New Construction) Pabellón cumbres Cancún, Suite 4, Cancun (C2918) $10,840,657 MXN City Cancun Size 148.3 sq. m. Style Commercial Type Commercial Built 0 Request More Info
12 photos (New Construction) commercial premises for sale on 5th Avenue, some of them with rental contracts, Suite MLS-ACPC215, Playa del Carmen $9,660,000 USD City Playa del Carmen Size 1466 sq. m. Style Single Story Lot Size 879 sq. m. Type Commercial Bedrooms 6 Bathrooms 6 Request More Info
15 photos PARADISIAC BEACH HOTEL FOR SALE IN TULUM, Tulum "READY TO WORK!" $8,000,000 USD "AMAZING OFFER" City Tulum Size 3200 sq. m. Style Other Type Commercial Bedrooms 9 Bathrooms 11 Request More Info
16 photos UNA CUADRA DE PLAZA DE TOROS GARCIA GINERES (VL-1006), Garcia Gineres $7,500,000 MXN City Merida Size 928 sq. m. Style 2 Story Lot Size 920 sq. m. Type Commercial Request More Info
17 photos HOTEL EN VENTA EN EL CENTRO (VH-1001), Centro (VH-1001) $7,500,000 MXN City Merida Size 420 sq. m. Style 2 Storey Lot Size 420 sq. m. Type Commercial Bedrooms 21 Bathrooms 23 Request More Info
15 photos Rare beach front land of 3.1 hectares in Cancun for Hotel or condo project P3148 , Cancun Hotel Zone (Cancun) $6,000,000 USD City Cancun Hotel Zone Style Single Story Lot Size 31590 sq. m. Type Commercial Request More Info
45 photos Successful Luxury all suite Condo Hotel Global Brand in between Beach and 5th Ave for Sale, Playa del Carmen (Playa del Carmen Quintana Roo México ) "Global Luxury Hotel Brand in Place Net Income 775,000 possible " $5,800,000 USD "19 1/2/3 bedroom separately deeded condos " City Playa del Carmen Size 3138 sq. m. Style Commercial Lot Size 927 sq. m. Type Commercial Bedrooms 30 Bathrooms 32 Request More Info
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All Commercial Properties for Sale in Rivera Maya