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

Condos for Sale in Playa del Carmen

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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
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
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
18 photos EMMA Y ELISSA SHOCKING PENTHOUSE!!!, Suite 1 BED ROOM BEACH FRONT, Ocean View (PAP2375259 628) "Ocean view for a life time!" $822,550 USD "PRE-SALE PRICES, Don't Miss the Chance" City Playa del Carmen Size 1489.29 sq. ft. Style Single Story Type Condominium Bedrooms 1 Bathrooms 2 Condo Fee $415 USD Request More Info
17 photos (New Construction) EMMA & ELISSA. PENTHOUSE THE HOTEST PROJECT , Suite 3 BED ROOM UNIT , Calle Flamingos "SMART AUTOMATED UNIT" $815,608 USD "6TH FLOOR FABULOUS UNIT" City Playa del Carmen Size 3067.71 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
18 photos BREATHTAKING VIEW APARTMENT IN EMMA Y ELISSA , Suite 2 BEDROOM OCEAN VIEW AND ALBATROS ST., Coco Beach "Ocean view for a life time!" $774,374 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1267.342 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $354 USD Request More Info
17 photos EMMA Y ELISSA APARTMENT OCEAN VIEW , Suite 2 REC WITH GARDEN, Ocean View "Ocean view for a life time!" $704,285 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1607.81 sq. ft. Style Other Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $450 USD Request More Info
16 photos (New Construction) EMMA & ELISSA, MAGNIFICENT NEW DEVELOPMENT, Suite 4 BED ROOM, BEACH FRONT PROJECT, Calle Flamingos (PAP2070581 619) "Luxury and Smart Comfort..." $694,728 USD "PR-ESALE PRICES, DON´T MISS THE CHANCE!" City Playa del Carmen Size 2026.52 sq. ft. Style Single Story Type Condominium Bedrooms 4 Bathrooms 4 Condo Fee $565 USD Request More Info
17 photos EMMA Y ELISSA, Suite 3BEDROOMS 3rd. FLOOR OCEAN VIEW FRONT, Ocean View "Ocean view for a life time!" $642,892 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1164 sq. ft. Style Other Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $325 USD Request More Info
19 photos EMMA Y ELISSA LOCK OFF GARDEN POOL VIEW, Suite 3 BEDROOMS, Ocean View "Ocean view for a life time!" $621,956 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1419.87 sq. ft. Style Other Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $400 USD Request More Info
17 photos EMMA Y ELISSA CONDO LUXURY, Suite 2 BEDROOMS 2nd. FLOOR OCEAN VIEW, Ocean Front "Ocean view for a life time!" $620,724 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1166.91 sq. ft. Style Other Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $324 USD Request More Info
17 photos EMMA Y ELISSA , Suite 2 BD 2ND FLOOR OCEAN VIEW and POOL VIEW , Ocean View "Ocean view for a life time!" $598,555 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1166.91 sq. ft. Style Other Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $324 USD Request More Info
17 photos EMMA Y ELISSA , Suite 3BEDROOMS 3nd. FLOOR POOL VIEW LOCK OFF, Ocean View "Ocean view for a life time!" $593,561 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1416.63 sq. ft. Style Other Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $395 USD Request More Info
30 photos Aldea Thai Completely Renovated with private pool- BEST LOCATION, Suite 236, Centro (Avenida Cozumel entre 26 y 28) "Completely renovated / High ROI/ Great Amenities" $589,000 USD " Reduced!!!!!!!! PRIVATE HUGE POOL facing Calle 28" City Playa del Carmen Size 2906 sq. ft. Style Apartment Type Condominium Built 2005 Bedrooms 2 Bathrooms 2 Taxes $800 USD Condo Fee $680 USD Request More Info
17 photos EMMA Y ELISSA OCEAN VIEW AND POOL VIEW LOCK OFF, Suite 3 BEDROOM 3rd. FLOOR WITH , Ocean View "Ocean view for a life time!" $569,293 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1423.41 sq. ft. Style Other Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $397 USD Request More Info
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Condos for Sale in Playa del Carmen