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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27 photos (New Construction) Brand New Corner Home in Senderos Norte, Ciudad Mayakoba, Ciudad Mayakoba "MUST SEE TO APPRECIATE!" $11,000,000 MXN "PRICED TO SELL!!!" City Playa del Carmen Size 468 sq. m. Built 2023 Bedrooms 4 Bathrooms 5 Half Bathrooms 1 Request More Info
38 photos (New Construction) VILLA CIUDAD MAYACOBA SENDEROS 3/3, Mayakoba $9,950,000 MXN City Playa del Carmen Built 2022 Request More Info
8 photos SPECTACULAR HOUSE MAYAKOBA PRE-SALE, Mayakoba $9,500,000 MXN City Playa del Carmen Size 290 sq. m. Bedrooms 3 Bathrooms 4 Half Bathrooms 1 Request More Info
19 photos (New Construction) BEAUTIFUL HOUSE IN MAYAKOBA FOR SALE C3223, Ciudad Mayakoba $9,200,000 MXN City Playa del Carmen Size 283 sq. m. Built 2022 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
57 photos Building with pool for diving, 10 studios and 2 commercial spaces Playa del Carmen P3265, Playa del Carmen $9,000,000 MXN City Playa del Carmen Size 6857.9 sq. ft. Bedrooms 10 Bathrooms 11 Request More Info
14 photos Fantastic 4 bedroom loft at Playacar, Playacar Phase 2 $8,200,000 MXN City Playa del Carmen Size 3001 sq. ft. Bedrooms 4 Bathrooms 3 Half Bathrooms 1 Request More Info
8 photos PLAYA DEL CARMEN 5 NEW STUDIOS 2 BLOCKS FROM THE BEACH (FVD-1026), Centro $7,800,000 MXN City Playa del Carmen Size 160 sq. m. Bedrooms 5 Bathrooms 5 Request More Info
10 photos (New Construction) Amazing condominium with Ocean View in Playa del Carmen, Suite 503, Calle 44 entre 5a y 10 $5,911,700 MXN City Playa del Carmen Size 76.28 sq. m. Bedrooms 2 Bathrooms 2 Request More Info
11 photos (New Construction) LIVE IN EXCLUSIVE RESIDENCIAL IN PLAYA EL CARMEN, Suite Palmara Residencial, Playacar Phase 2 $5,867,706 MXN City Playa del Carmen Size 231.36 sq. m. Bedrooms 4 Bathrooms 3 Half Bathrooms 1 Request More Info
2 photos EN PLAYA DEL CARMEN, GRAN TERRENO (VT-1090), Playa del Carmen $5,300,000 MXN City Playa del Carmen Request More Info
37 photos Casa de 3 recamaras en Aleda, La Joya $5,300,000 MXN "New on the market" City Playa del Carmen Size 262.85 sq. m. Built 2020 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Condo Fee $3,060 MXN Request More Info
40 photos Casa Reiki in Ejido Sur Playa del Carmen, EJIDO SUR PLAYA DEL CARMEN "Cozy house with spacious outdoor area" $5,200,000 MXN City Playa del Carmen Size 950 sq. m. Bedrooms 2 Bathrooms 2 Request More Info
45 photos Spacious House for Sale at Los Almendros South Playa del Carmen P3863, Los Almendros Playa del Carmen $5,200,000 MXN City Playa del Carmen Size 3229.17 sq. ft. Bedrooms 4 Bathrooms 4 Request More Info
10 photos Casa de lujo de tres recamaras en Playa del Carmen, Ejido $5,023,729 MXN City Playa del Carmen Size 161 sq. m. Bedrooms 3 Bathrooms 3 Request More Info
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
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