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
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
9 photos (New Construction) Junior PentHouse, large with amenities and Beach Front. Bahia Tankah, Tulum, Tankah (PPH4260536) $1,115,500 USD City Tulum Size 2680.21 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Half Bathrooms 1 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
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
22 photos (New Construction) BEAUTIFUL 3 BR PENTHOUSE \| AMAZING OCEAN VIEW \| TULUM, Tankah Bay (PAP4472144) $1,200,000 USD City Tulum Size 3129.07 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
21 photos (New Construction) Amazing Property 3 Bedrooms \| The best area of the City \| Playa del Carmen, Playacar Phase 2 (PAP4573880) $1,204,274 USD City Playa del Carmen Size 4634.94 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
20 photos (New Construction) Invest in the best! Luxurious 3 Bedroom Apartment in Exclusive Area \| Playa del Carmen, Playacar (PAP4573834) $1,204,274 USD City Playa del Carmen Size 4634.94 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 2 Request More Info
22 photos (New Construction) Lovely 3 BR apartment in Puerto Aventuras gated community with ocean view, Puerto Aventuras (PAP4435071) $1,219,000 USD City Playa del Carmen Size 3130 sq. ft. Style Bungalow Type Condominium Bedrooms 3 Bathrooms 3 Half Bathrooms 1 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
14 photos (New Construction) THE BEST FOR YOUR FAMILY \| IMPRESSIVE 3BR APARTMENT WITH TERRACE \| LUXURY AMENITIES \| PUERTO CANCUN, La Veleta (PAP4780787) $1,279,124 USD City Tulum Size 3059.64 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 4 Request More Info
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THE BEST OPTION FOR YOUR FAMILY | BEAUTIFUL 2BR APARTMENT | UNIQUE AMENITIES | PUERTO CANCUN, puerto cancun (PAP4782094)

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)

Junior PentHouse, large with amenities and Beach Front. Bahia Tankah, Tulum, Tankah (PPH4260536)

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)

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)

BEAUTIFUL 3 BR PENTHOUSE | AMAZING OCEAN VIEW | TULUM, Tankah Bay (PAP4472144)

Amazing Property 3 Bedrooms | The best area of the City | Playa del Carmen, Playacar Phase 2 (PAP4573880)

Invest in the best! Luxurious 3 Bedroom Apartment in Exclusive Area | Playa del Carmen, Playacar (PAP4573834)

Lovely 3 BR apartment in Puerto Aventuras gated community with ocean view, Puerto Aventuras (PAP4435071)

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 YOUR FAMILY | IMPRESSIVE 3BR APARTMENT WITH TERRACE | LUXURY AMENITIES | PUERTO CANCUN, La Veleta (PAP4780787)