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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7 photos BUILDING FOR SALE/RENT IDEAL FOR SCHOOLS, SM 50 CANCUN, SM. 50 $50,000,000 MXN City Cancun Size 3500 sq. m. Style Commercial 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
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6 photos LAND COMMERCIAL FOR SALE IN PLAYA DEL CARMEN PASEO DEL MAYAB, Playa del Carmen $14,646,378 MXN City Playa del Carmen Size 4763 sq. ft. Style Single Story Type Commercial Request More Info
4 photos TERRENO EN AV. 45 ESQUINA CALLE 36 PLAYA DEL CARMEN C2374, Suite CALLE 36, Playa del Carmen $13,200,000 MXN City Playa del Carmen Style Single Story Type Commercial Request More Info
6 photos MAYAKOBA TERRENO COMMERCIAL GREAT INVESTMENT, Playa del Carmen $11,500,000 MXN City Playa del Carmen Size 1210 sq. m. Style Single Story Type Commercial 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
7 photos En Venta Av Tulum Lote 2-005, mz 3, sm 15, Cancun Quintana Roo , Cancun Centro $4,450,000 MXN City Cancun Size 1798 sq. ft. Style Single Story Type Commercial Request More Info
6 photos Local located in Ciudad Mayakoba., Suite MLS-E030, Playa del Carmen (MLS-E030-2) $4,250,000 MXN City Ciudad Mayakoba Playa del Carmen Size 45 sq. m. Style Single Story Type Commercial Bedrooms 1 Bathrooms 1 Request More Info
13 photos HOTEL IN THE BEST TOURIST AREA, Zazil-ha $3,700,000 USD City Playa del Carmen Size 2042.62 sq. m. Style Fourplex Lot Size 440 sq. m. Type Commercial Built 2014 Bedrooms 31 Request More Info
12 photos Manzana 301 mz 30 Lote 30, Cancún Quintana Roo, Suite 30, Centro. $3,150,000 MXN City Cancun Size 250 sq. ft. Style Single Story Type Commercial Built 6 Half Bathrooms 1 Request More Info
36 photos Puerto Morelos, Suite Ocean front, Punta Caracol "50 metres oceanfront & 3 rental condos" $2,600,000 USD "Income producing property" City Puerto Morelos Size 8716 sq. ft. Style 3 Story Lot Size 3000 sq. m. Type Commercial Bedrooms 4 Bathrooms 5 Request More Info
25 photos Akumal Beachfront, Half Moon Bay "Turnkey business opportunity" $2,100,000 USD "Boutique Hotel" City Akumal Size 1041.11 sq. m. Style 2 Story Type Commercial Bedrooms 8 Bathrooms 8 Half Bathrooms 2 Request More Info
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All Commercial Properties for Sale in Rivera Maya