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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16 photos (New Construction) MAGNIFICENT INVESTMENT OPPORTUNITY \| 2 BEDROOM APARTMENT \| IN PLAYA DEL CARMEN, Downtown Playa del Carmen (PAP4783213) $4,467,746 MXN City Playa del Carmen Size 862.08 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
42 photos (New Construction) Spectacular Terrace in Incredible 3 Bedroom Apartment Cancun, Cancun Hotel Zone (PAP4638813) $2,484,736 USD City Cancun Size 6729.91 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
42 photos (New Construction) The Best Option for Investment \| Incredible 3 Bedroom Penthouse with Spectacular View \| Cancun, Pok-Ta-Pok (PAP4638513) $2,438,397 USD City Cancun Size 6729.91 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
42 photos (New Construction) Best Area, Best Life Beautiful 3 Bedroom Apartment Cancun Quintana Roo, Cancun Hotel Zone (PAP4638922) $2,407,135 USD City Cancun Size 6729.91 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 4 Request More Info
35 photos (New Construction) Impressive Lagoon View \| 3 Bedroom Apartment \| The Best Area \| Cancun, Pok-Ta-Pok (PAP4638403) $2,391,504 USD City Cancun Size 6729.91 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
37 photos (New Construction) Comfort, brightness and beauty \| 3 Bedroom Apartment \| Exclusive Zone \| Cancun, Pok-Ta-Pok (PAP4637416) $2,252,646 USD City Cancun Size 7821.7 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
23 photos (New Construction) Incredible 4Br Penth-House in the Highest Luxury and Security Zone in Playa del Carmen, Playa del Carmen (PAP4534806) $2,167,500 USD City Playa del Carmen Size 5984.95 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 4 Request More Info
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
32 photos (New Construction) LUXURY AND SECURITY \| WONDERFUL HOUSE 5BR \| PRIVATE POOL \| EXCLUSIVE AREA OF PLAYA DEL CARMEN, La Toscana (PHO4722167) $1,853,323 USD City Playa del Carmen Size 6427.02 sq. ft. Style Apartment Type Condominium Bedrooms 5 Bathrooms 6 Request More Info
27 photos (New Construction) STUNNING HOUSE 5BR \| PRIVATE POOL \| THE BEST AREA OF PLAYA DEL CARMEN, La Toscana (PHO4721257) $1,684,050 USD City Playa del Carmen Size 6427.02 sq. ft. Style Apartment Type Condominium Bedrooms 5 Bathrooms 6 Request More Info
23 photos (New Construction) Incomparable 4 Bedroom Apartment with Maximum Luxury in Playa del Carmen, Playa del Carmen (PAP4534789) $1,625,100 USD City Playa del Carmen Size 5433.08 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 4 Request More Info
14 photos (New Construction) YOUR NEW HOME IN THE CARIBBEAN \| BEAUTIFUL APARTMENT 4BR \| EXCLUSIVE AMENITIES \| PUERTO CANCUN, Puerto Cancun (PAP4964084) $1,615,000 USD City Cancun Size 4305.56 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
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MAGNIFICENT INVESTMENT OPPORTUNITY | 2 BEDROOM APARTMENT | IN PLAYA DEL CARMEN, Downtown Playa del Carmen (PAP4783213)

Spectacular Terrace in Incredible 3 Bedroom Apartment Cancun, Cancun Hotel Zone (PAP4638813)

The Best Option for Investment | Incredible 3 Bedroom Penthouse with Spectacular View | Cancun, Pok-Ta-Pok (PAP4638513)

Best Area, Best Life Beautiful 3 Bedroom Apartment Cancun Quintana Roo, Cancun Hotel Zone (PAP4638922)

Impressive Lagoon View | 3 Bedroom Apartment | The Best Area | Cancun, Pok-Ta-Pok (PAP4638403)

Comfort, brightness and beauty | 3 Bedroom Apartment | Exclusive Zone | Cancun, Pok-Ta-Pok (PAP4637416)

Incredible 4Br Penth-House in the Highest Luxury and Security Zone in Playa del Carmen, Playa del Carmen (PAP4534806)

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)

LUXURY AND SECURITY | WONDERFUL HOUSE 5BR | PRIVATE POOL | EXCLUSIVE AREA OF PLAYA DEL CARMEN, La Toscana (PHO4722167)

STUNNING HOUSE 5BR | PRIVATE POOL | THE BEST AREA OF PLAYA DEL CARMEN, La Toscana (PHO4721257)

Incomparable 4 Bedroom Apartment with Maximum Luxury in Playa del Carmen, Playa del Carmen (PAP4534789)

YOUR NEW HOME IN THE CARIBBEAN | BEAUTIFUL APARTMENT 4BR | EXCLUSIVE AMENITIES | PUERTO CANCUN, Puerto Cancun (PAP4964084)

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