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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14 photos IMPRESSIVE PENTHOUSE \| 3BR \| EXCLUSIVE AREA \| TULUM, Aldea Zama $479,000 USD City Tulum Size 1937.5 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 Request More Info
17 photos (New Construction) Luxurious 3 Bedroom Apartment in High Value Zone Playa del Carmen, Playa del Carmen $455,543 USD City Playa del Carmen Size 1431.6 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 Request More Info
15 photos (New Construction) Modern and Luxurious 2 Bedroom Apartment in Downtown Tulum, Tulum Centro $232,000 USD City Tulum Size 807.3 sq. ft. Style Apartment Bedrooms 2 Bathrooms 2 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 CENTRO 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 " $45,000,000 USD "Five Star Mature Local Brand One of a Kind " City Tulum Style Other Bedrooms 56 Bathrooms 60 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 Request More Info
21 photos For Sale 33 Apartments for Rent near Ceviche Cancun C2552, Suite Calle Venado, Centro. $35,000,000 MXN City Cancun Size 1800 sq. m. Style Commercial Built 2012 Bedrooms 34 Bathrooms 36 Half Bathrooms 2 Request More Info
4 photos Multifamily Lot Reefs Playa del Carmen P2610, Suite 3, Los Arrecifes $26,556,571 MXN City Playa del Carmen Size 55776.1 sq. ft. Style Lot / Land Request More Info
9 photos Cancún, Av Puerto Juarez WAREHOUSE with offices FOR SALE C2324, Cancun $21,000,000 MXN City Cancun Size 1570 sq. m. Style Commercial Built 10 Half Bathrooms 1 Request More Info
8 photos COMMERCIAL LOT 2522 M2 AVENIDA UNIVERSITIES PLAYA DEL CARMEN P2609, Suite 10, Los Arrecifes $20,683,352 MXN City Playa del Carmen Size 27150.45 sq. ft. Style Lot / Land Request More Info
15 photos Warehouse for sale with excellent location on federal highway Playa del Carmen P3791, Suite 7, Playa del Carmen $20,000,000 MXN City Playa del Carmen Size 1011.71 sq. m. Style Commercial Bathrooms 2 Request More Info
7 photos For Sale 2 Commercial Premises with 2 houses. SM62. Cancun C3146, Centro. $17,000,000 MXN City Cancun Size 392 sq. m. Style Single Story Bedrooms 3 Bathrooms 3 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
14 photos INCREDIBLE BUILDING FOR SALE IN KINIK AVE. C2977, Cancun $15,000,000 MXN City Cancun Size 769.08 sq. m. Style 3 Story Request More Info
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