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 by Playa Realtors

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20 photos (New Construction) Charming Furnished Studio in Playa del Carmen, Suite 4D, Luis Donaldo Colosio $297,000 USD City Playa del Carmen Size 70 sq. ft. Style Apartment Built 2020 Bedrooms 1 Bathrooms 1 Request More Info
7 photos Premier Tulum Hotel Zone Oceanfront Hotel and Spa and Beach Club For Sale PRIVATE SALE, Tulum "Cannot Be Replicated " $45,000,000 USD "Five Star Mature Local Brand One of a Kind " City Tulum Style Other Bedrooms 56 Bathrooms 60 Request More Info
13 photos Building for sale Cancun CU2005, SM 97 $23,450,210 MXN City Cancun Size 1123.37 sq. m. Style Single Story Request More Info
8 photos Unique Opportunity of Large Land for Sale in Cancun - Av. López Portillo C3233, El Ramonal $16,220,000 MXN City Cancun Size 4055 sq. m. Style Single Story Request More Info
19 photos Playa del Carmen, Playa Paraiso, Playa Paraiso "Terreno para hotel boutique" $14,000,000 USD "Seafront Boutique Hotel Investor Opportunity" City Playa del Carmen Size 2802 sq. m. Style 2 Storey Request More Info
15 photos TULUM, Tulum "PARADISIAC HOTEL IN OPERATION" $10,000,000 USD "NEGOTIABLE" City Tulum Size 3200 sq. m. Style Other Bedrooms 9 Bathrooms 11 Request More Info
9 photos PRE-SALE INCREDIBLE OFFICE SPACE FOR SALE IN PUERTO CANCUN C2463, Puerto Cancun $8,892,379 MXN City Puerto Cancun Size 135 sq. m. Style Commercial Half Bathrooms 1 Request More Info
10 photos Building for sale with 9 studios and 2 appartments Playa del Carmen P3509, Playa del Carmen $8,800,000 USD City Playa del Carmen Size 3739.49 sq. ft. Style Single Story Built 0 Bedrooms 11 Bathrooms 11 Request More Info
36 photos Commercial building, amazing location on 5th Avenue and Constituyentes, Playa del Carmen P3592, Centro $5,847,954 USD City Playa del Carmen Size 455 sq. m. Style 2 Storey Bedrooms 8 Bathrooms 8 Request More Info
21 photos LUXURY HOTEL FOR SALE C. 6 Sur, La Veleta, Tulum, Q.R., Veleta "Buy the Complete Hotel or Per Unit!" $5,500,000 USD "Investment Opportunity!" City Tulum Size 25595 sq. ft. Style 3 Story Bedrooms 28 Bathrooms 28 Request More Info
7 photos For Sale Office in Puerto Cancun C2777, Puerto Cancun $5,400,000 MXN City Puerto Cancun Size 54 sq. m. Style Single Story Request More Info
3 photos (New Construction) Rare Opportunity: Commercial Property for Sale in Tulum, Suite 101, Aldea Zama "special opportunity immediate delivery" $5,100,000 MXN "release price" City Tulum Size 59 sq. m. Style Single Story Built 2023 Bathrooms 1 Request More Info
23 photos Slow: World-Renowned Hotel and Restaurant for Sale in Tulum, Tulum "Shop & 40-Seat Restaurant with Michelin Star Chef" $5,000,000 USD "Five Year CAP Rate" City Tulum Size 5715.64 sq. ft. Style Single Story Built 2019 Bedrooms 5 Bathrooms 5 Request More Info
8 photos (New Construction) Tulum Commercial Property for Sale: Perfect for Your Business, Suite 201, Aldea Zama "ideal for offices" $4,600,000 MXN "special promotions, financing and more" City Tulum Size 65 sq. m. Style Single Story Built 2023 Bathrooms 1 Request More Info
3 photos (New Construction) EXCLUSIVE COMMERCIAL UNITS IN ALDEA ZAMA - PRIME LOCATION FOR YOUR BUSINESS , Suite 101, Aldea Zama $4,430,000 MXN City Tulum Size 59.7 sq. m. Style Commercial Built 2023 Request More Info
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