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 Gated Communities for Sale in Rivera Maya

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88 photos VILLA UNICA - 6 Bedroom -7 Bathrooms on Best Beach at Playacar Phase I, Playacar Phase 1 $2,690,000 USD "Price Reduced!!!!" City Playa del Carmen Size 6835 sq. ft. Style 2 Storey Lot Size 5683 sq. ft. Type Residential Built 2007 Bedrooms 6 Bathrooms 7 Half Bathrooms 1 Taxes $900 USD Condo Fee $140 USD Request More Info
53 photos The Best LUXURY VILLA in Playacar Phase II , Playacar Fase 2 "A DIAMOND IN PLAYACAR PHASE II" $2,450,000 USD Size 1230 sq. m. Style Single Story Lot Size 1600 sq. m. Type Residential Bedrooms 5 Bathrooms 6 Taxes $1200 USD Condo Fee $140 USD Request More Info
132 photos Casa Maleva, Playacar $1,690,000 USD City Playa del Carmen Size 455 sq. m. Style 2 Storey Lot Size 715 sq. m. Type Residential Built 2018 Bedrooms 6 Bathrooms 7 Half Bathrooms 1 Taxes $500 USD Condo Fee $150 USD Request More Info
23 photos EMMA Y ELISSA AMAZING PENTHOUSE BEACH FRONT , Suite ROOF GARDEN AND PRIVATE POOL OCEAN VIEW , downtown ocean view (PAP2093270 626) "Ocean view for a life time!" $1,479,173 USD "PRE-SALE PRICES, Don't Miss the Chance" City Playa del Carmen Size 4314.82 sq. ft. Style Other Type Condominium Bedrooms 4 Bathrooms 5 Half Bathrooms 1 Condo Fee $1,202 USD Request More Info
30 photos (New Construction) OCEANA PENTHOUSE , Suite 517, Playa del Carmen $1,400,000 USD City Playa del Carmen Size 4079.52 sq. ft. Style Single Story Type Residential Built 2017 Bedrooms 4 Bathrooms 4 Request More Info
23 photos BREATHTAKING VIEW PENTHOUSE EMMA Y ELISSA , Suite 2 BED ROOM OCEAN VIEW , Ocean Front (PAP2375269 629) "Ocean view for a life time!" $1,235,799 USD "PRE-SALE PRICES, Don't Miss the Chance" City Playa del Carmen Size 2534.68 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 3 Condo Fee $707 USD Request More Info
20 photos EMMA Y ELISSA BREATHTAKING VIEW PENTHOUSE, Suite 3 BED ROOM ROOF GARDEN LOCK OFF OCEAN VIEW, Ocean View (PAP2072283 623) "Ocean view for a life time!" $1,125,794 USD "Better Imposible!!!" City Playa del Carmen Size 2897.64 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $807 USD Request More Info
23 photos (New Construction) EMMA & ELISSA, FABULOSE PENT HOUSE , Suite 3 BED ROOM, BEACH FRONT , Playa del Carmen (PAP2374585 / 603) "Ocean view for a life time!" $1,125,042 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 2896 sq. ft. Style Single Story Type Residential Built 2022 Bedrooms 3 Bathrooms 4 Condo Fee $807 USD Request More Info
22 photos (New Construction) EMMA Y ELISSA, PENTHOUSE 3 BD ROOF GARDEN, Suite OCEAN VIEW!!!, Ocean View (PAP2374576 / 602) "The Smartest Investment in Playa Del Carmen" $1,072,645 USD "BETTER IMPOSIBLE !!!" City Playa del Carmen Size 2873.53 sq. ft. Style Single Story Type Residential Built 2022 Bedrooms 3 Bathrooms 4 Condo Fee $800 USD Request More Info
20 photos EMMA Y ELISSA AWESOME PENTHOUSE!!!, Suite 3 BED ROOM BEACH FRONT LOCK OFF, Ocean View (PAP2375240 624) "Ocean view for a life time!" $1,072,485 USD "Ocean View Amazing Terrace" City Playa del Carmen Size 2873.1 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $800 USD Request More Info
23 photos EMMA Y ELISSA., AMAZING PENTHOUSE , Suite 3 BED ROOM BEACH FRONT, Ocean View (PAP2375227 622) "Ocean view for a life time!" $1,049,574 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 2870.3 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $800 USD Request More Info
22 photos (New Construction) EMMA & ELISSA, PENT HOUSE - OCEAN VIEW, Suite 3 BEDROOM, BEACH FRONT C.40 , Ocean View "SMART AUTOMATED UNIT" $995,729 USD "BETTER IMPOSIBLE !!!" City Playa del Carmen Size 2723.05 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 4 Condo Fee $759 USD Request More Info
23 photos EMMA Y ELISSA WOW APARTMENT OCEAN VIEW, Suite BEACH FRONT, 4 BED ROOM, Golden Zone Playa del Carmen (PAP2372962 / 504) "Ocean view for a lifetime!!!" $970,019 USD "Better Imposible!!!" City Playa del Carmen Size 2158.2 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Condo Fee $602 USD Request More Info
21 photos EMMA Y ELISSA SPECTACULAR APARTMENT, Suite 3 BED ROOM 2 LOCK OFF OCEAN VIEW C. 44, 5th Avenue (PAP2373775 / 528) "Optical Fiber Internet" $969,680 USD "Better Impossible!!!" City Playa del Carmen Size 2157.41 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Condo Fee $601 USD Request More Info
19 photos (New Construction) EMMA & ELISSA BEACH FRONT CONDO LUXURY, Suite 2 BEDROOM, Calle Flamingos (PAP2375214 621) "Ocean view for a life time!" $962,120 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 2687.1 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $780 USD Request More Info
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All Gated Communities for Sale in Rivera Maya