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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6 photos Hotel in Isla Mujeres FOR SALE - 35 Rooms - Beach Front- INFO UPON REQUEST- PRE-QUALIFIED CLIENTS, Isla Mujeres "PRICE UPON REQUEST ONLY WITH REGISTERED CLIENTS" $16,000,000 USD "PRICE UPON REQUEST ONLY QUALIFIED CLIENTS" City Isla Mujeres Style 3 Story Built 2010 Bedrooms 35 Request More Info
10 photos Hotel FOR SALE in Playa del Carmen- 37 Rooms- Beach Front- INFO UPON REQUEST, Centro "PRICE UPON REQUEST ONLY REGISTERED CLIENTS" $12,000,000 USD "PRICE UPON REQUEST ONLY QUALIFIED CLIENTS" City PLAYA DEL CARMEN Style Single Story Request More Info
7 photos Hotel Boutique FOR SALE- in Playa del Carmen- 20 Rooms- DOWNTOWN- INFO UPON REQUEST Centro, 5ta avenida "PRICE UPON REQUEST ONLY REGISTERED CLIENTS" $1,900,000 USD "PRICE UPON REQUEST ONLY QUALIFIED CLIENTS" City Playa del Carmen Style 3 Story Request More Info
36 photos Commercial building, amazing location on 5th Avenue and Constituyentes, Playa del Carmen P3592, Centro $80,000,000 USD City Playa del Carmen Size 455 sq. m. Style 2 Storey Bedrooms 8 Bathrooms 8 Request More Info
23 photos Hotel Bosque Caribe C2944, Suite 0, Playa del Carmen $79,000,000 MXN City Playa del Carmen Size 825 sq. m. Style Other Built 20 Bedrooms 25 Request More Info
1 photos Tulum Beach, Beach Tulum "Best BeachFront Hotels in Tulum" $75,000,000 USD City Tulum Style Commercial Request More Info
14 photos SANTIAGO EN ESQUINA (VL-1005), Barrio de Santiago $70,000,000 MXN "REDUCED" City Merida Size 4104 sq. m. Style 2 Story Request More Info
7 photos Premier Tulum Hotel Zone Oceanfront Hotel and Spa and Beach Club For Sale PRIVATE SALE, Tulum "Cannot Be Replicated " $56,000,000 USD "Five Star Mature Local Brand One of a Kind " City Tulum Style Other Bedrooms 56 Bathrooms 60 Request More Info
18 photos , Playa del Carmen $21,900,000 USD City Playa del Carmen Size 7036 sq. m. Style Other Built 2012 Bedrooms 70 Bathrooms 70 Half Bathrooms 2 Request More Info
6 photos SANTA LUCIA EDIFICIO COMERCIAL (VL-1017), Centro $15,900,000 MXN City Merida Size 433 sq. m. Style Single Story Half Bathrooms 4 Request More Info
8 photos 3 LOCALES COMERCIALES (VL-1013), Diaz Ordaz $12,200,000 MXN City Merida Size 466 sq. m. Style 2 Storey Request More Info
12 photos (New Construction) Pabellón cumbres Cancún, Suite 4, Cancun $10,840,657 MXN City Cancun Size 148.3 sq. m. Style Commercial Built 0 Request More Info
12 photos (New Construction) Plaza Azuna Cancún, Suite 0, Cancun $10,000,000 MXN City Cancun Size 204 sq. m. Style Other Built 0 Bathrooms 4 Request More Info
6 photos EN SAN SEBASTIAN, EDIFICIO Y BODEGA (VL-1026), Centro $9,300,000 MXN City Merida Size 1067.88 sq. m. Style 3 Story Bedrooms 18 Bathrooms 20 Request More Info
31 photos (New Construction) Building Prepared for Offices For Sale, Juan B. Sosa "Building Prepared for Offices For Sale - Building prepared for offices, all wired." $8,500,000 MXN "$430,000 usd" City Merida Size 386 sq. m. Style 3 Story Built 2014 Bedrooms 8 Bathrooms 2 Half Bathrooms 8 Request More Info
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All Commercial Properties for Sale in Rivera Maya