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 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. Style Other Type Condominium Bedrooms 4 Bathrooms 5 Half Bathrooms 1 Condo Fee $1,202 USD 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. Style Single Story Type Condominium 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. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 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. Style Single Story Type Condominium Bedrooms 1 Bathrooms 2 Condo Fee $415 USD 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. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $354 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..." $787,359 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
14 photos LUXURY APARTMENT IN PLAYACAR 3 BED. - PLAYA DEL CARMEN, Playacar Phase 2 (PAP3579346) $785,000 USD City Playa del Carmen Size 2686.56 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Taxes $630 USD Request More Info
30 photos BEACHFRONT INVESTMENT OPPORTUNITY -YOUR TIME IS NOW! 1st Avenue & 10th street, Suite 309, El Faro (PAP2537578 ) $775,000 USD "Beach front Hot Deal!" City Playa del Carmen Size 1819 sq. ft. Style 4-Level Split Type Condominium Built 2011 Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Condo Fee $711 USD Request More Info
33 photos BEAUTIFUL PENTHOUSE 2 BR. - LARGE TERRACE - ROOF TOP AND POOL- PLAYA DEL CARMEN, Centro (PAP3867467) $654,618 USD City Playa del Carmen Size 2863.2 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
33 photos SPACIOUS APARTMENT LOFT TYPE 3 BR. - TERRACE AND CLOSE TO THE 5TH AVENUE- PLAYA DEL CARMEN, Centro (PAP3865821) $616,454 USD City Playa del Carmen Size 2400.35 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
16 photos (New Construction) EMMA & ELISSA, LOCK OFF, Suite 3 BED ROOM, BEACH FRONT CONDO, Calle Flamingos (PAP2375180 613) "BEACH FRONT DEVELOPMENT!!!" $616,290 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 1348.54 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $376 USD Request More Info
30 photos Aldea Thai Completely Renovated with private pool- BEST LOCATION, Suite 236, Centro (KAP1984348 ) "Completely renovated / High ROI/ Great Amenities" $599,999 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
53 photos THE ELEMENTS 2 Bedrooms, Luxury and Relax at the Sea´s Shore, Zazil-ha "THIS CONDO HAS A UNIQUE LOCATION FACING THE CARIBBEAN SEA " $555,000 USD City Playa del Carmen Size 1345 sq. ft. Style 3 Story Type Condominium Built 2010 Bedrooms 2 Bathrooms 2 Taxes $700 USD Condo Fee $400 USD Request More Info
30 photos MODERN APARTMENT LOFT TYPE 3 BR. -TERRACE - ROOF TOP AND POOL- PLAYA DEL CARMEN, Centro (PAP3866164) $428,918 USD City Playa del Carmen Size 1862.16 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
33 photos SPACIOUS APARTMENT LOFT TYPE 2 BR. - TERRACE - ROOF TOP AND PANORAMIC VIEW - PLAYA DEL CARMEN, Centro (PAP3866082) $354,750 USD City Playa del Carmen Size 1517.71 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
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Condos for Sale in Playa del Carmen