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 Homes for Sale in Rivera Maya by Playa Realtors

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81 photos Beachside House and Enormous Lot- Last Available- Exclusive PLAYACAR PHASE I Gated Community, Suite Lote 1, Playacar Phase 1 (Playa del Carmen) "Opportunity in the LAST big LOT and HOUSE in this area" $2,900,000 USD "JUST REDUCED!!!" City Playa del Carmen Size 1476 sq. m. Style Single Story Lot Size 1476 sq. m. Type Residential Built 2002 Bedrooms 5 Bathrooms 4 Taxes $1000 USD Condo Fee $100 USD Request More Info
76 photos Stunning Property in Playacar Phase II/4Bedroom/Boasting an array of impressive features, Playa del Carmen $2,190,000 USD City Playa del Carmen Size 628 sq. m. Style 2 Storey Lot Size 1050 sq. m. Type Residential Built 2015 Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Taxes $1000 USD Condo Fee $350 USD Request More Info
10 photos PUERTO CANCÚN \| AWESOME PENTHOUSE \| 4 BEDROOMS \| floor 5, Puerto Cancun (PAP2447467) "Last Units Available" $1,616,500 USD City Puerto Cancun Size 4713 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
10 photos Adorable Beachfront PH, 3 bedrooms and amenities. Tankah Bay, Tankah Bay (PPH4260234) $1,589,300 USD City Soliman/Tankah Bay Size 4090.29 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 4 Half Bathrooms 2 Request More Info
16 photos (New Construction) PRESALE! HOUSE IN PLAYACAR, PHASE 2 WITH ACCESS TO THE BEACH , Playacar Fase 2 (PHO4455241) $1,299,999 USD City PLAYA DEL CARMEN Size 7190.29 sq. ft. Style 3 Story Type Residential Bedrooms 4 Bathrooms 1 Request More Info
9 photos (New Construction) Junior PentHouse, large with amenities and Beach Front. Bahia Tankah, Tulum, Tankah (PPH4260536) $1,115,500 USD City Tulum Size 2680.21 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
9 photos PUERTO CANCÚN \| APARTMENT \| 4 BEDROOMS \| floor 4, Puerto Cancun (PAP2447471) "Last Units Available" $999,500 USD "Everything it's flying" City Puerto Cancun Size 2730.8 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
10 photos (New Construction) PUERTO CANCÚN \| GREAT APARTMENT \| 4 BEDROOMS \| floor 3, Puerto Cancun (Cancun) $952,500 USD "Are tou taking opportunities before too late?" City Cancun Size 2692.05 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
26 photos (New Construction) MAKE YOUR MONEY GROW WITH THIS IMPRESSIVE 3 BR APARTMENT IN EXCLUSIVE AREA OF CANCUN., Bonampak (PAP4680158) $940,097 USD City Cancun Size 2389.59 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Request More Info
30 photos OCEANA STUNNING 2 BR APARTMENT IN THE BEST LOCATION IN PLAYA DEL CARMEN, Suite 435, Downtown Playa del Carmen (Playa del Carmen) $930,000 USD City Playa del Carmen Size 85 sq. m. Style Single Story Type Residential Built 2018 Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
74 photos THE BEST OCEAN VIEW- UNIQUE- 3 BEDROOM PENTHOUSE - just listed!!!, Suite 303, Aldea Thai "Big, Amazing and with Private Pool Unit, you just won't find anything like it!!!." $919,000 USD "THE MILLON DOLLAR AMAZING PENTHOUSE" City Playa del Carmen Size 320.64 sq. m. Style Single Story Type Residential Built 2007 Bedrooms 3 Bathrooms 3 Taxes $500 USD Condo Fee $750 USD Request More Info
21 photos (New Construction) Impressive 3 Bedroom Apartment \| Exclusive Zone \| Playa del Carmen, Playacar Fase 2 (PAP4574778) $889,223 USD Size 3022.51 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Request More Info
10 photos (New Construction) THE MOST BEAUTIFUL HOUSES IN TULUM \| 3 BR. + 1 LOCK OFF \| ROOF TOP, Aldea Zama (PHO4440384) $869,000 USD City Tulum Size 3014.86 sq. ft. Style 2 Story Type Residential Bedrooms 4 Bathrooms 4 Request More Info
10 photos (New Construction) PUERTO CANCÚN \| BEAUTIFUL APARTMENT \| 3 BEDROOMS \|floor 4, Puerto Cancun (Cancun) $807,500 USD City Cancun Size 2629 sq. ft. Style Apartment Type Residential Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
10 photos (New Construction) BEAUTIFUL ECO-CHIC HOUSE IN THE MOST EXCULSIVE AREA OF TULUM \| 4 BEDROOMS \| LOCK OFF OPTIONAL, Aldea Zama (PAP4440288) $778,998 USD City Tulum Size 3501.4 sq. ft. Style 2 Story Type Residential Bedrooms 4 Bathrooms 4 Request More Info
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Beachside House and Enormous Lot- Last Available- Exclusive PLAYACAR PHASE I Gated Community, Suite Lote 1, Playacar Phase 1 (Playa del Carmen)

Stunning Property in Playacar Phase II/4Bedroom/Boasting an array of impressive features, Playa del Carmen

PUERTO CANCÚN | AWESOME PENTHOUSE | 4 BEDROOMS | floor 5, Puerto Cancun (PAP2447467)

Adorable Beachfront PH, 3 bedrooms and amenities. Tankah Bay, Tankah Bay (PPH4260234)

PRESALE! HOUSE IN PLAYACAR, PHASE 2 WITH ACCESS TO THE BEACH , Playacar Fase 2 (PHO4455241)

Junior PentHouse, large with amenities and Beach Front. Bahia Tankah, Tulum, Tankah (PPH4260536)

PUERTO CANCÚN | APARTMENT | 4 BEDROOMS | floor 4, Puerto Cancun (PAP2447471)

PUERTO CANCÚN | GREAT APARTMENT | 4 BEDROOMS | floor 3, Puerto Cancun (Cancun)

MAKE YOUR MONEY GROW WITH THIS IMPRESSIVE 3 BR APARTMENT IN EXCLUSIVE AREA OF CANCUN., Bonampak (PAP4680158)

OCEANA STUNNING 2 BR APARTMENT IN THE BEST LOCATION IN PLAYA DEL CARMEN, Suite 435, Downtown Playa del Carmen (Playa del Carmen)

THE BEST OCEAN VIEW- UNIQUE- 3 BEDROOM PENTHOUSE - just listed!!!, Suite 303, Aldea Thai

Impressive 3 Bedroom Apartment | Exclusive Zone | Playa del Carmen, Playacar Fase 2 (PAP4574778)

THE MOST BEAUTIFUL HOUSES IN TULUM | 3 BR. + 1 LOCK OFF | ROOF TOP, Aldea Zama (PHO4440384)

PUERTO CANCÚN | BEAUTIFUL APARTMENT | 3 BEDROOMS |floor 4, Puerto Cancun (Cancun)

BEAUTIFUL ECO-CHIC HOUSE IN THE MOST EXCULSIVE AREA OF TULUM | 4 BEDROOMS | LOCK OFF OPTIONAL, Aldea Zama (PAP4440288)