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

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23 photos PUERTO CANCUN, OCEAN VIEW, MARINA VIEW, GOLF COURSE VIEW, BEACH CLUB , Suite PENTHOUSE 3 BED ROOM, THE MARINE, MALL, KAYAK CLUB, Puerto Cancun (2426855) "Better Imposible" $1,547,025 USD "Marine View" City Puerto Cancun Size 4440.54 sq. ft. Style Single Story Type Condominium Built 2020 Bedrooms 3 Bathrooms 4 Half Bathrooms 1 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"" $1,509,213 USD ""This Has Luxury Written All Over It"" City Puerto Cancun Size 4424 sq. ft. Style Single Story Type Condominium Bedrooms 4 Bathrooms 4 Condo Fee $850 USD Request More Info
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24 photos PUERTO CANCUN, OCEAN VIEW, MARINA VIEW , Suite 3 BED ROOMS, GOLF COURSE VIEW , Downtown (2441512) "Life style luxury" $807,819 USD "Pre - sales Prices" City Cancun Size 2615.63 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 4 Half Bathrooms 1 Request More Info
17 photos Cancun Quintana Roo, Suite Calle Venado, Centro. $34,000,000 MXN City Cancun Size 1789 sq. ft. Style Single Story Type Residential Bedrooms 30 Bathrooms 30 Request More Info
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25 photos CANCUN, QUINTANA ROO, Cumbres "Stunning Open Plan House in Exclusive Private Estate" $21,900,000 MXN City Cancun Size 599 sq. m. Style 2 Storey Type Residential Built 4 Bedrooms 5 Bathrooms 5 Half Bathrooms 1 Request More Info
8 photos Lujoso departamento en una zona con vista al MAR, Puerto Cancun $18,000,000 MXN City Puerto Cancun Size 310 sq. m. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
7 photos (New Construction) Pura Realidad, Puerto Cancun $17,500,000 MXN City Puerto Cancun Size 336 sq. m. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Request More Info
31 photos Vive y enamorate en el Corazón de Puerto Cancún, Puerto Cancun "¡Único terreno rodeado de canales de navegación!" $16,269,340 MXN "Precio de Oportunidad!" City Puerto Cancun Size 268 sq. m. Style Single Story Type Residential Built 2020 Bedrooms 3 Bathrooms 3 Request More Info
4 photos Huge Family House, with Luxury Views , Cancun $16,200,000 MXN City Cancun Size 597 sq. m. Style 2 Story Type Residential Bedrooms 4 Bathrooms 5 Half Bathrooms 1 Request More Info
31 photos ¡Hermoso y amplio departamento con exclusiva ubicación en Puerto Cancún!, Puerto Cancun "Te espera el Mar Caribe!" $14,200,211 MXN "¡Descuentos inmejorables de preventa!" City Puerto Cancun Size 205 sq. m. Style Single Story Type Residential Built 2020 Bedrooms 3 Bathrooms 3 Request More Info
19 photos Doctores, Bonfil, Cancun, Quintana Roo, Doctores "Very well priced " $13,900,000 MXN City Cancun Size 4500 sq. ft. Style 2 Storey Type Residential Bedrooms 4 Bathrooms 4 Request More Info
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