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

All Featured Properties for Sale in Rivera Maya by Playa Realtors

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8 photos LAND FOR SALE- 96 acres SPECIALLY FOR DEVELOPERS OR HOTELS OWNERS- MORE INFO UPON REQUEST, Paamul "ONLY REGISTERED BUYERS PRE-QUALIFIED" $48,000,000 USD "ONLY QUALIFIED BUYERS " City PAAMUL Style Single Story Request More Info
81 photos Beachside House and Enormous Lot- Last Available- Exclusive PLAYACAR PHASE I Gated Community, Suite Lote 1, Playacar Phase 1 "Opportunity in the LAST big LOT and HOUSE in this area" $2,900,000 USD "JUST REDUCED!!!" City Playa del Carmen Size 6340 sq. ft. Style Single Story Built 2002 Bedrooms 5 Bathrooms 4 Condo Fee $100 USD Request More Info
42 photos (New Construction) Spectacular Terrace in Incredible 3 Bedroom Apartment Cancun, Cancun Hotel Zone $2,484,736 USD City Cancun Size 6729.91 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 Request More Info
42 photos (New Construction) The Best Option for Investment \| Incredible 3 Bedroom Penthouse with Spectacular View \| Cancun, Pok-Ta-Pok $2,438,397 USD City Cancun Size 6729.91 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 Request More Info
42 photos (New Construction) Best Area, Best Life Beautiful 3 Bedroom Apartment Cancun Quintana Roo, Cancun Hotel Zone $2,407,135 USD City Cancun Size 6729.91 sq. ft. Style Apartment Bedrooms 3 Bathrooms 4 Request More Info
35 photos (New Construction) Impressive Lagoon View \| 3 Bedroom Apartment \| The Best Area \| Cancun, Pok-Ta-Pok $2,391,504 USD City Cancun Size 6729.91 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 Request More Info
37 photos (New Construction) Comfort, brightness and beauty \| 3 Bedroom Apartment \| Exclusive Zone \| Cancun, Pok-Ta-Pok $2,252,646 USD City Cancun Size 7821.7 sq. ft. Style Apartment Bedrooms 3 Bathrooms 3 Request More Info
7 photos (New Construction) BEACH RESIDENCES \| 3 BED ROOM \|UNIQUE UNIT \| 19th. floor, Cancun $2,199,000 USD City Cancun Size 3305 sq. ft. Style Single Story Bedrooms 3 Bathrooms 3 Request More Info
23 photos (New Construction) Incredible 4Br Penth-House in the Highest Luxury and Security Zone in Playa del Carmen, Playa del Carmen $2,167,500 USD City Playa del Carmen Size 5984.95 sq. ft. Style Apartment Bedrooms 4 Bathrooms 4 Request More Info
7 photos (New Construction) BEACH RESIDENCE \| 4 BED ROOM \|UNIQUE UNIT \| 6th. floor , Cancun $2,100,000 USD City Cancun Size 4069 sq. ft. Style Single Story Bedrooms 4 Bathrooms 4 Request More Info
7 photos (New Construction) BREATHTAKING VIEW, Ocean view \| Apartment FOR SALE 3 bedroom Cancún, Cancun $1,900,000 USD City Cancun Size 2745 sq. ft. Style Single Story Bedrooms 3 Bathrooms 3 Request More Info
11 photos (New Construction) UNIQUE OPPORTUNITY \| LUXURIOUS AND SECURE 4BR APARTMENT \| CARIBBEAN OCEAN VIEW \| PUERTO CANCUN, Puerto Cancun $1,900,000 USD City Cancun Size 4144.11 sq. ft. Style Apartment Bedrooms 4 Bathrooms 4 Request More Info
32 photos (New Construction) LUXURY AND SECURITY \| WONDERFUL HOUSE 5BR \| PRIVATE POOL \| EXCLUSIVE AREA OF PLAYA DEL CARMEN, La Toscana $1,853,323 USD City Playa del Carmen Size 6427.02 sq. ft. Style Apartment Bedrooms 5 Bathrooms 6 Request More Info
7 photos (New Construction) FOR SALE apartment 4 ROOMS \| SINGLE UNIT \| 5th plant, Cancun $1,850,000 USD City Cancun Size 3509 sq. ft. Style Single Story Bedrooms 4 Bathrooms 4 Request More Info
12 photos (New Construction) BREATHTAKING PENTHOUSE - 3BR - OCEAN FRONT + LUXURIOUS AMENITIES, Suite PH MAYA 404, Carretera Federal $1,766,832 USD City Playa del Carmen Size 4154 sq. ft. Style Single Story Built 2020 Bedrooms 3 Bathrooms 3 Request More Info
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LAND FOR SALE- 96 acres SPECIALLY FOR DEVELOPERS OR HOTELS OWNERS- MORE INFO UPON REQUEST, Paamul

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