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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34 photos SUPER LOCATED 3 BEDROOM APARTMENT IN PLAYA DEL CARMEN, Centro $12,464,000 MXN City Playa del Carmen Size 164 sq. m. Built 2022 Bedrooms 3 Bathrooms 3 Request More Info
24 photos Magnifica casa de 3 recamaras en venta , El cielo., Suite lot 11 mz 9, El Cielo "Zona recidencial tranquila cerca de la playa !" $9,883,528 MXN "Excelente precio para una Casa con lote !!" City Playa del Carmen Size 2824 sq. ft. Built 2016 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
29 photos Luxury and Quality House with pool, 3 Bedrooms Playa del Carmen P1927, Playa del Carmen $9,750,000 MXN City Playa del Carmen Size 320 sq. m. Bedrooms 3 Bathrooms 4 Request More Info
23 photos SPACIOUS APARTMENT WITH 3 BEDROOMS EQUIPPED CLOSE TO THE SEA IN PLAYA DEL CARMEN*, Gonzalo Guerrero $9,563,531 MXN City Playa del Carmen Size 127 sq. m. Built 2022 Bedrooms 3 Bathrooms 3 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
7 photos (New Construction) Pre. Venta Condominios de lujo en Playacar,Playa del Carmen , Suite A217, Playacar Phase 2 "Departamentos en venta en un lugar de gran plusvalia Playacar" $8,407,883 MXN "Lujoso departamento de 3 hab en Playacar en venta." City Playa del Carmen Size 169.26 sq. m. Built 2024 Bedrooms 3 Bathrooms 2 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
46 photos Pueblito Escondido Condo centro Playa Del Carmen and the beach 38th, 38 $8,200,000 MXN City Playa del Carmen Bedrooms 2 Bathrooms 2 Condo Fee $7,000 MXN Request More Info
26 photos SPACIOUS APARTMENT FOR SALE WITH EXCELLENT LOCATION 2 BEDROOMS. NEAR THE SEA, Gonzalo Guerrero $7,681,628 MXN City Playa del Carmen Size 84 sq. m. Built 2022 Bedrooms 2 Bathrooms 2 Request More Info
6 photos PLAYA DEL CARMEN 6 ESTUDIOS (VD-1105), Luis Donaldo Colosio $7,200,000 MXN City Playa del Carmen Size 320 sq. m. Bedrooms 6 Bathrooms 6 Request More Info
15 photos Penthouse on 5th 2 minute walk to the beach , Centro $6,500,000 MXN City Playa del Carmen Size 170 sq. m. Bedrooms 2 Bathrooms 3 Request More Info
31 photos (New Construction) Spacious houses in the nicest gated community in Playa del Carmen, Golden Zone Playa del Carmen $6,068,475 MXN City Playa del Carmen Size 287.37 sq. m. Built 2023 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
18 photos CHARMING APARTMENT WITH CENTRAL LOCATION IN PLAYA DEL CARMEN, Gonzalo Guerrero $5,602,076 MXN City Playa del Carmen Size 81 sq. m. Built 2022 Bedrooms 2 Bathrooms 2 Request More Info
20 photos Spacious 4-Bedroom House Within a Quiet and Exclusive Residential, Suite thula, Ejido Town "IMPECCABLE" $5,550,000 MXN City Playa del Carmen Size 2330.3 sq. ft. Built 2019 Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Condo Fee $2,700 MXN Request More Info
34 photos SUPER LOCATED 2 BEDROOM APARTMENT IN PLAYA DEL CARMEN, Centro $5,472,000 USD City Playa del Carmen Size 72 sq. m. Built 2021 Bedrooms 2 Bathrooms 1 Request More Info
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Homes for Sale in Playa del Carmen

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