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 Condos for Sale in Rivera Maya by Playa Realtors

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17 photos THE BEST OPTION FOR LIVING \| INCREDIBLE 4BR APARTMENT \| CARIBBEAN OCEAN VIEW \| PUERTO CANCUN, puerto cancun (PAP4933797) $2,000,000 USD City Cancun Hotel Zone Size 3584.38 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 5 Request More Info
17 photos STUNNING AND LUXURIOUS APARTMENT 3BR \| CARIBBEAN SEA VIEW \| PUERTO CANCUN, puerto cancun (PAP4933776) $2,000,000 USD City Cancun Hotel Zone Size 2755.56 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 4 Request More Info
11 photos (New Construction) UNIQUE OPPORTUNITY \| LUXURIOUS AND SECURE 4BR APARTMENT \| CARIBBEAN OCEAN VIEW \| PUERTO CANCUN, Puerto Cancun (PAP4804651) $1,900,000 USD City Cancun Size 4144.11 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 4 Request More Info
14 photos (New Construction) THE PERFECT PLACE FOR YOUR FAMILY \| 4BR APARTMENT \| EXCLUSIVE AMENITIES \| PUERTO CANCUN, Puerto Cancun (PAP4965875) $1,525,000 USD City Cancun Size 4305.56 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 4 Request More Info
38 photos PUERTO CANCUN, AWESOME APARTMENT 4 BED ROOM, GOLF COURSE VIEW, BEACH CLUB , Suite THE MARINE, KAYAK CLUB, KIDS CLUB, Isola Cancun (2442206) ""Luxury Homes for sale in Riviera Maya"" $1,511,632 USD ""This Has Luxury Written All Over It"" City Cancun Size 6198 sq. ft. Style Single Story Type Condominium Bedrooms 4 Bathrooms 4 Condo Fee $850 USD Request More Info
17 photos (New Construction) GET THE BEST RETURN ON INVESTMENT \| IMPRESSIVE 2BR PENTHOUSE \| PRIVATE POOL \| TULUM, Region 15 (PAP4783602) $1,500,000 USD City Tulum Size 3229.17 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
22 photos (New Construction) BEAUTIFUL 3 BR PENTHOUSE \| AMAZING OCEAN VIEW \| TULUM, Tankah Bay (PAP4472144) $1,500,000 USD City Tulum Size 3129.07 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
11 photos (New Construction) STUNNING APARTMENT 3BR \| OCEAN VIEW \| AMAZING OPPORTUNITY \| PUERTO CANCUN, puerto cancun (PAP4804430) $1,500,000 USD City Cancun Hotel Zone Size 2755.56 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
18 photos (New Construction) SECURITY AND LUXURY FOR YOUR FAMILY \| 3BR PENTHOUSE \| EXCLUSIVE AMENITIES \| TULUM JUNGLE, Soliman/Tankah Bay (PPH4766232) $1,482,999 USD City Soliman/Tankah Bay Size 4014.94 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 5 Request More Info
23 photos (New Construction) INVEST IN THIS UNIQUE APARTMENT 2BR \| OCEAN FRONT \| TULUM, Beach Tulum (PAP4792266) $1,480,311 USD City Tulum Size 2505.73 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
18 photos (New Construction) STUNNING AND LUXURIOUS 3BR PENTHOUSE \| EXCLUSIVE AMENITIES \| TULUM JUNGLE, Soliman/Tankah Bay (PPH4766215) $1,389,000 USD City Soliman/Tankah Bay Size 3745.84 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 5 Request More Info
14 photos (New Construction) STUNNING 4BR APARTMENT \| INCREDIBLE VIEW \| UNIQUE AMENITIES \| PUERTO CANCUN, puerto cancun (PAP4782112) $1,385,328 USD City Cancun Hotel Zone Size 3043.17 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 5 Request More Info
24 photos (New Construction) PUERTO CANCUN, OCEAN VIEW, MARINA VIEW, Suite 3BED ROOM, GOLF COURSE VIEW, PADE, SOCCER \|, puerto cancun (2441510) "Luxury and Smart Comfort" $1,375,636 USD "The Smartest Investment in Puerto Cancun" City Cancun Hotel Zone Size 2047 sq. ft. Style Single Story Type Condominium Built 2022 Bedrooms 3 Bathrooms 4 Half Bathrooms 1 Request More Info
17 photos (New Construction) THE BEST OPTION FOR YOUR FAMILY \| INCREDIBLE 2BR APARTMENT \| LUXURIOUS DEVELOPMENT \| TULUM, Region 15 (PAP4783729) $1,300,000 USD City Tulum Size 2798.62 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
89 photos (New Construction) Oceana 2 Bedroom Ocean View Penthouse- New in the market, Suite 531, Gonzalo Guerrero (PAP4491233) $1,300,000 USD City Playa del Carmen Size 1592.44 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 2 Taxes $660 USD Condo Fee $10,400 MXN Request More Info
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THE BEST OPTION FOR LIVING | INCREDIBLE 4BR APARTMENT | CARIBBEAN OCEAN VIEW | PUERTO CANCUN, puerto cancun (PAP4933797)

STUNNING AND LUXURIOUS APARTMENT 3BR | CARIBBEAN SEA VIEW | PUERTO CANCUN, puerto cancun (PAP4933776)

UNIQUE OPPORTUNITY | LUXURIOUS AND SECURE 4BR APARTMENT | CARIBBEAN OCEAN VIEW | PUERTO CANCUN, Puerto Cancun (PAP4804651)

THE PERFECT PLACE FOR YOUR FAMILY | 4BR APARTMENT | EXCLUSIVE AMENITIES | PUERTO CANCUN, Puerto Cancun (PAP4965875)

PUERTO CANCUN, AWESOME APARTMENT 4 BED ROOM, GOLF COURSE VIEW, BEACH CLUB , Suite THE MARINE, KAYAK CLUB, KIDS CLUB, Isola Cancun (2442206)

GET THE BEST RETURN ON INVESTMENT | IMPRESSIVE 2BR PENTHOUSE | PRIVATE POOL | TULUM, Region 15 (PAP4783602)

BEAUTIFUL 3 BR PENTHOUSE | AMAZING OCEAN VIEW | TULUM, Tankah Bay (PAP4472144)

STUNNING APARTMENT 3BR | OCEAN VIEW | AMAZING OPPORTUNITY | PUERTO CANCUN, puerto cancun (PAP4804430)

SECURITY AND LUXURY FOR YOUR FAMILY | 3BR PENTHOUSE | EXCLUSIVE AMENITIES | TULUM JUNGLE, Soliman/Tankah Bay (PPH4766232)

INVEST IN THIS UNIQUE APARTMENT 2BR | OCEAN FRONT | TULUM, Beach Tulum (PAP4792266)

STUNNING AND LUXURIOUS 3BR PENTHOUSE | EXCLUSIVE AMENITIES | TULUM JUNGLE, Soliman/Tankah Bay (PPH4766215)

STUNNING 4BR APARTMENT | INCREDIBLE VIEW | UNIQUE AMENITIES | PUERTO CANCUN, puerto cancun (PAP4782112)

PUERTO CANCUN, OCEAN VIEW, MARINA VIEW, Suite 3BED ROOM, GOLF COURSE VIEW, PADE, SOCCER |, puerto cancun (2441510)

THE BEST OPTION FOR YOUR FAMILY | INCREDIBLE 2BR APARTMENT | LUXURIOUS DEVELOPMENT | TULUM, Region 15 (PAP4783729)

Oceana 2 Bedroom Ocean View Penthouse- New in the market, Suite 531, Gonzalo Guerrero (PAP4491233)