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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24 photos BEAUTIFUL PENTHOUSE- 2 FLOORS WITH 3 BR. -JACUZZI AND TERRACES - PLAYA DEL CARMEN, Suite A501, Centro (PAP3986509) $1,741,486 USD City Playa del Carmen Size 4342.8 sq. ft. Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
24 photos EMMA Y ELISSA AMAZING PENTHOUSE, BEACH FRONT , Suite ROOF GARDEN, PRIVATE POOL, OCEAN VIEW , downtown ocean view (PAP2093270 626) "Ocean view for a life time!" $1,675,682 USD "PRE-SALE PRICES, Don't Miss the Chance" City Playa del Carmen Size 4314.82 sq. ft. Bedrooms 4 Bathrooms 5 Half Bathrooms 1 Condo Fee $1,202 USD Request More Info
20 photos (New Construction) SRUNNING BEACHFRONT APARTMENT IN PUERTO AVENTURAS MEXICO, Puerto Aventuras (PAP4435272) $1,379,000 USD City Playa del Carmen Size 3733 sq. ft. Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
21 photos (New Construction) OC531- Oceana 2 Bedroom Ocean View Penthouse, Suite 531, Gonzalo Guerrero (OC 531) $1,300,000 USD City Playa del Carmen Size 1592.44 sq. ft. Bedrooms 2 Bathrooms 2 Half Bathrooms 2 Request More Info
25 photos INCREDIBLE APARTMENT- A FEW STEP FROM THE BEACH- 3 BR. AND LARGE TERRACE- PLAYA DEL CARMEN, Suite A101, Playa del Carmen (PAP3986442) $1,282,028 USD City Playa del Carmen Size 3035.63 sq. ft. Bedrooms 3 Bathrooms 3 Request More Info
22 photos (New Construction) Lovely 3 BR apartment in Puerto Aventuras gated community with ocean view, Puerto Aventuras (PAP4435071) $1,219,000 USD City Playa del Carmen Size 3130 sq. ft. Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
21 photos EMMA Y ELISSA AWESOME PENTHOUSE!!!, Suite 3 BED ROOM BEACH FRONT LOCK OFF, Ocean View (PAP2375240 624) "Ocean view for a life time!" $1,203,822 USD "Ocean View Amazing Terrace" City Playa del Carmen Size 2873.1 sq. ft. Bedrooms 3 Bathrooms 3 Condo Fee $800 USD Request More Info
17 photos (New Construction) EMMA & ELISSA. PENTHOUSE THE HOTEST PROJECT , Suite 3 BED ROOM UNIT , Calle Flamingos (PAP2375163) "SMART AUTOMATED UNIT" $955,624 USD "6TH FLOOR FABULOUS UNIT" City Playa del Carmen Size 3067.71 sq. ft. Bedrooms 3 Bathrooms 3 Request More Info
11 photos (New Construction) LIVE THE DREAM - 3BR LUXURIOUS CONDO OCEAN VIEW + AMENITIES, Suite 506, Playa del Carmen (PAP2001632) $950,000 USD City Playa del Carmen Size 2389 sq. ft. Bedrooms 3 Bathrooms 2 Half Bathrooms 1 Request More Info
14 photos (New Construction) OC435- Luxury Condo with Ocean vieW, Suite 435, Gonzalo Guerrero (OC 435) $930,000 USD City Playa del Carmen Size 1837.4 sq. ft. Bedrooms 2 Bathrooms 2 Half Bathrooms 1 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!" $906,906 USD "PRE-SALE PRICES, Don't Miss the Chance" City Playa del Carmen Size 1489.29 sq. ft. Bedrooms 1 Bathrooms 2 Condo Fee $415 USD Request More Info
14 photos LUXURY APARTMENT IN PLAYACAR 3 BED. - PLAYA DEL CARMEN, Suite Unit 202 - floor 2, Playacar Phase 2 (PAP3579346) $863,500 USD City Playa del Carmen Size 2686.56 sq. ft. Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
33 photos (New Construction) OC421-OCEANA 3 BEDROOMS POOL VIEW, Suite 421, Gonzalo Guerrero (OC 421) $850,000 USD City Playa del Carmen Size 105.84 sq. m. Bedrooms 3 Bathrooms 2 Request More Info
18 photos BREATHTAKING VIEW APARTMENT IN EMMA Y ELISSA , Suite 2 BEDROOM OCEAN VIEW AND ALBATROS ST., Coco Beach (PAP2372837) "Ocean view for a life time!" $816,466 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1267.342 sq. ft. Bedrooms 2 Bathrooms 2 Condo Fee $354 USD Request More Info
21 photos (New Construction) OC321- OCEANA AMAZING 3 BEDROOMS, Gonzalo Guerrero (OC321) $800,000 USD City Playa del Carmen Size 105.84 sq. m. Bedrooms 3 Bathrooms 2 Request More Info
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