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

Properties for sale over $1 Millon by Playa Realtors

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14 photos (New Construction) THE BEST OPTION FOR YOUR FAMILY \| BEAUTIFUL 2BR APARTMENT \| UNIQUE AMENITIES \| PUERTO CANCUN, puerto cancun (PAP4782094) $1,005,453 USD City Cancun Hotel Zone Size 2672.25 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 3 Request More Info
13 photos (New Construction) THE BEST INVESTMENT : INCREDIBLE 4BR APARTMENT : OCEANFRONT : LUXURY AMENITIES : YUCATAN, Nuevo Yucatan (PAP5267099) $1,028,498 USD City Merida Size 4728.47 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 5 Request More Info
12 photos (New Construction) OCEAN VIEW \| EXCLUSIVE 2BR APARTMENT \| PRIVATE POOL \| BEST AREA IN TULUM, Region 15 (PAP4816494) $1,035,484 USD City Tulum Size 1333.64 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
18 photos (New Construction) A SECURE INVESTMENT \| LUXURY APARTMENT 3BR \| DOUBLE HEIGHT CEILING \| TULUM JUNGLE, Soliman/Tankah Bay (PPH4766199) $1,100,000 USD City Soliman/Tankah Bay Size 2820.14 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
23 photos (New Construction) SPECTACULAR 2BR APARTMENT IN FRONT OF THE CARIBBEAN SEA \| PRIVATE POOL \| TULUM, Beach Tulum (PAP4792973) $1,106,020 USD City Tulum Size 1872.16 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
11 photos (New Construction) THE BEST OPTION \| NICE AND COMFORTABLE APARTMENT 3BR \| HIGH VALUE AREA \| PLAYA DEL CARMEN, Downtown Playa del Carmen (PAP5366416) $1,110,000 USD City Playa del Carmen Size 3229.17 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
25 photos (New Construction) THE BEST FOR YOUR FAMILY \| STUNNING 3BR PENTHOUSE APARTMENT \| OCEAN VIEW \| PUERTO MORELOS, Villa Morelos 1 (PAP4867729) $1,149,000 USD City Puerto Morelos Size 2315.31 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
14 photos (New Construction) INVEST IN PARADISE \| APARTMENT 3BR WITH TERRACE \| PUERTO CANCUN, puerto cancun (PAP4781768) $1,164,575 USD City Cancun Hotel Zone Size 2908.4 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
22 photos (New Construction) FOR A LIMITED TIME ONLY \| MAGNIFICENT 3BR APARTMENT \| OCEANFRONT \| LUXURY AMENITIES \| YUCATAN, Merida (PAP5267135) $1,174,250 USD City Merida Size 5490.88 sq. ft. Style Apartment Type Condominium Bedrooms 5 Bathrooms 6 Request More Info
14 photos (New Construction) IMPROVE YOUR QUALITY OF LIFE \| INCREDIBLE 4BR APARTMENT \| EXCLUSIVE AMENITIES \| PUERTO CANCUN, Puerto Cancun (PAP4964439) $1,175,000 USD City Cancun Size 3229.17 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 4 Request More Info
9 photos (New Construction) SPECTACULAR AND LUXURIOUS 3BR APARTMENT \| DOUBLE HEIGHT CEILING \| EXCLUSIVE AMENITIES \| TULUM, Tankah Bay (PPH4756559) $1,185,000 USD City Soliman/Tankah Bay Size 2809.38 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
12 photos (New Construction) INCREDIBLE PENT HOUSE 2 BR \| PRIVATE POOL \| THE BEST AREA OF TULUM, Region 15 (PAP4814777) $1,192,933 USD City Tulum Size 2768.47 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
14 photos (New Construction) BEAUTIFUL 4BR APARTMENT WITH PRIVATE GARDEN \| EXCLUSIVE AMENITIES \| PUERTO CANCUN, Puerto Cancun (PAP4965065) $1,245,000 USD City Cancun Size 3229.17 sq. ft. Style Apartment Type Condominium Bedrooms 4 Bathrooms 4 Request More Info
17 photos (New Construction) GROW YOUR PATRIMONY \| INVEST IN THIS INCREDIBLE 2BR PENTHOUSE \| PRIVATE POOL \| TULUM, Region 15 (PAP4784669) $1,250,000 USD City Tulum Size 2690.98 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
15 photos (New Construction) THE BEST FOR YOU \| STUNNING 5BR APARTMENT \| OCEANFRONT \| LUXURY AMENITIES \| YUCATAN, Merida Downtown (PAP5267115) $1,267,188 USD City Merida Size 4172.52 sq. ft. Style Apartment Type Condominium Bedrooms 5 Bathrooms 6 Request More Info
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THE BEST OPTION FOR YOUR FAMILY | BEAUTIFUL 2BR APARTMENT | UNIQUE AMENITIES | PUERTO CANCUN, puerto cancun (PAP4782094)

THE BEST INVESTMENT : INCREDIBLE 4BR APARTMENT : OCEANFRONT : LUXURY AMENITIES : YUCATAN, Nuevo Yucatan (PAP5267099)

OCEAN VIEW | EXCLUSIVE 2BR APARTMENT | PRIVATE POOL | BEST AREA IN TULUM, Region 15 (PAP4816494)

A SECURE INVESTMENT | LUXURY APARTMENT 3BR | DOUBLE HEIGHT CEILING | TULUM JUNGLE, Soliman/Tankah Bay (PPH4766199)

SPECTACULAR 2BR APARTMENT IN FRONT OF THE CARIBBEAN SEA | PRIVATE POOL | TULUM, Beach Tulum (PAP4792973)

THE BEST OPTION | NICE AND COMFORTABLE APARTMENT 3BR | HIGH VALUE AREA | PLAYA DEL CARMEN, Downtown Playa del Carmen (PAP5366416)

THE BEST FOR YOUR FAMILY | STUNNING 3BR PENTHOUSE APARTMENT | OCEAN VIEW | PUERTO MORELOS, Villa Morelos 1 (PAP4867729)

INVEST IN PARADISE | APARTMENT 3BR WITH TERRACE | PUERTO CANCUN, puerto cancun (PAP4781768)

FOR A LIMITED TIME ONLY | MAGNIFICENT 3BR APARTMENT | OCEANFRONT | LUXURY AMENITIES | YUCATAN, Merida (PAP5267135)

IMPROVE YOUR QUALITY OF LIFE | INCREDIBLE 4BR APARTMENT | EXCLUSIVE AMENITIES | PUERTO CANCUN, Puerto Cancun (PAP4964439)

SPECTACULAR AND LUXURIOUS 3BR APARTMENT | DOUBLE HEIGHT CEILING | EXCLUSIVE AMENITIES | TULUM, Tankah Bay (PPH4756559)

INCREDIBLE PENT HOUSE 2 BR | PRIVATE POOL | THE BEST AREA OF TULUM, Region 15 (PAP4814777)

BEAUTIFUL 4BR APARTMENT WITH PRIVATE GARDEN | EXCLUSIVE AMENITIES | PUERTO CANCUN, Puerto Cancun (PAP4965065)

GROW YOUR PATRIMONY | INVEST IN THIS INCREDIBLE 2BR PENTHOUSE | PRIVATE POOL | TULUM, Region 15 (PAP4784669)

THE BEST FOR YOU | STUNNING 5BR APARTMENT | OCEANFRONT | LUXURY AMENITIES | YUCATAN, Merida Downtown (PAP5267115)