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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TALK WITH OUR CERTIFIED REAL ESTATE AGENTS

UNIQUE DIFFERENTIATORS

WATER SOFTENER
WATER TREATMENT PLANT
RAINWATER HARVESTING SYSTEM FOR FILLING WATER TANKS
PRIVATE ELECTRICAL SUBSTATION WITH INDEPENDENT ELECTRICAL METER BOX POR EACH RESIDENCE
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HIGH SPEED INTERNET BY OPTIC FIBER

INTRODUCING EMMA & ELISSA PREMIUM RESIDENCES

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12 photos (New Construction) Region 15 (PAP4389202) $3,371,481 USD City Tulum Size 880.49 sq. ft. Style Single Story Bedrooms 2 Bathrooms 2 MLS#: PAP4389202 Request More Info
42 photos (New Construction) Cancun Hotel Zone (PAP4638813) $2,484,736 USD City Cancun Hotel Zone Size 6729.91 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 MLS#: PAP4638813 Request More Info
42 photos (New Construction) Pok-Ta-Pok (PAP4638513) $2,438,397 USD City Cancun Size 6729.91 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 MLS#: PAP4638513 Request More Info
42 photos (New Construction) Cancun Hotel Zone (PAP4638922) $2,407,135 USD City Cancun Hotel Zone Size 6729.91 sq. ft. Style Apartment Bedrooms 3 Bathrooms 4 MLS#: PAP4638922 Request More Info
35 photos (New Construction) Pok-Ta-Pok (PAP4638403) $2,391,504 USD City Cancun Size 6729.91 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 MLS#: PAP4638403 Request More Info
37 photos (New Construction) Pok-Ta-Pok (PAP4637416) $2,252,646 USD City Cancun Size 7821.7 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 MLS#: PAP4637416 Request More Info
23 photos (New Construction) Playa del Carmen (PAP4534806) $2,167,500 USD City Playa del Carmen Size 5984.95 sq. ft. Style Apartment Bedrooms 4 Bathrooms 4 MLS#: PAP4534806 Request More Info
12 photos (New Construction) Carretera Federal (PCO27719) $1,766,832 USD City Playa del Carmen Size 4154 sq. ft. Style Single Story Built 2020 Bedrooms 3 Bathrooms 3 MLS#: AP2548807 Request More Info
24 photos 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 Bedrooms 4 Bathrooms 5 MLS#: PAP2093270 626 Request More Info
23 photos (New Construction) Playa del Carmen (PAP4534789) $1,625,100 USD City Playa del Carmen Size 5433.08 sq. ft. Style Apartment Bedrooms 4 Bathrooms 4 MLS#: PAP4534789 Request More Info
10 photos Puerto Cancun (PAP2447467) "Last Units Available" $1,616,500 USD City Puerto Cancun Size 4713 sq. ft. Style Single Story Bedrooms 4 Bathrooms 4 MLS#: PAP2447467 Request More Info
13 photos (New Construction) Beach Tulum (PAP4310684) $1,472,966 USD City Tulum Size 987.86 sq. ft. Style 3 Story Bedrooms 3 Bathrooms 3 MLS#: PAP4310684 Request More Info
21 photos (New Construction) Playacar (PAP4573849) $1,454,596 USD City Playa del Carmen Size 5891.08 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 MLS#: PAP4573849 Request More Info
20 photos (New Construction) Puerto Aventuras (PAP4435309) $1,449,000 USD City Puerto Aventuras Size 3733 sq. ft. Style Apartment Bedrooms 4 Bathrooms 4 MLS#: PAP4435309 Request More Info
20 photos (New Construction) Puerto Aventuras (PAP4435272) $1,379,000 USD City Playa del Carmen Size 3733 sq. ft. Style Apartment Bedrooms 4 Bathrooms 4 MLS#: PAP4435272 Request More Info
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