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

Homes for Sale in Playa del Carmen

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4 photos Luxury ocean front property construction included in Playacar Playa del Carmen, Gonzalo Guerrero $9,800,000 USD City Playa del Carmen Request More Info
20 photos PLAYA MAGNA L PLAYA DEL CARMEN, Playa del Carmen $9,750,000 MXN City Playa del Carmen Size 285 sq. m. Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
25 photos House and building few steps away from the beach , Zazil-ha "Ready to move in or to rent it " $9,500,000 MXN City Playa del Carmen Size 350 sq. m. Built 2000 Bedrooms 7 Bathrooms 7 Request More Info
3 photos PLAYA DEL CARMEN (VT-1079), Luis Donaldo Colosio $8,480,000 MXN City Playa del Carmen Request More Info
14 photos Exclusive gated community in Playa del Carmen, Playa Magna "Spacious and modern house" $7,500,000 MXN "REDUCED" City Playa del Carmen Size 402 sq. m. Built 2011 Bedrooms 3 Bathrooms 3 Request More Info
10 photos (New Construction) INCREÍBLE DPTO 2HAB LOCK OFF A UNA CALLE DE LA PLAYA * (IXH), Mamitas Beach $7,347,000 MXN City Playa del Carmen Size 91.66 sq. m. Request More Info
17 photos (New Construction) LA CASA IDEAL PARA TI Y TU FAMILIA, Playa del Carmen $7,000,000 MXN City Playa del Carmen Size 230 sq. m. Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
14 photos PLAYA DEL CARMEN INCREDIBLE RESIDENCIAL PLAYA MAGNA (VC-1609), Playa Magna $6,995,000 MXN "REDUCED" City Playa del Carmen Size 485.54 sq. m. Bedrooms 5 Bathrooms 5 Half Bathrooms 2 Condo Fee $2,200 MXN Request More Info
13 photos Av Constituyentes y 25 nte. Gonzalo Guerrero Playa del Carmen, Suite menesse the city depto 2309, Constituyentes $5,950,000 MXN City Playa del Carmen Size 93 sq. m. Built 2017 Bedrooms 2 Bathrooms 2 Request More Info
33 photos HERMOSA CASA EN PRIVADA EN PLAYA DEL CARMEN (VC-1437), Playa del Carmen $5,671,000 MXN City Playa del Carmen Size 280 sq. ft. Bedrooms 3 Bathrooms 4 Half Bathrooms 1 Request More Info
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30 photos 7 bedroom house steps from the beach 2 pools for sale in Playacar Phase 1, Suite MLS-ARPC107, Playa del Carmen $5,000,000 USD City Playa del Carmen Size 10 sq. m. Bedrooms 7 Bathrooms 7 Request More Info
10 photos ALDEA THAI, ESTUDIO EN PLAYA DEL CARMEN (VD-1059), Playa del Carmen $4,876,000 MXN City Playa del Carmen Size 60 sq. m. Bedrooms 1 Bathrooms 1 Request More Info
2 photos EN PLAYA DEL CARMEN, GRAN TERRENO (VT-1090), Playa del Carmen $4,770,000 MXN City Playa del Carmen Request More Info
8 photos (New Construction) LUJOSA CASA EN PLAYA DEL CARMEN - 3HAB/GYM/YOGA/CINEMA/ALBERCA (AED), Playa del Carmen $4,700,000 MXN City Playa del Carmen Size 370 sq. m. Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
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