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

Playa del Carmen Properties For Sale Where REAL ESTATE becomes REAL

Properties in Aldea Thai Playa del Carmen

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74 photos THE BEST OCEAN VIEW- UNIQUE- 3 BEDROOM PENTHOUSE - just listed!!!, Suite 303, Aldea Thai "Big, Amazing and with Private Pool Unit, you just won't find anything like it!!!." $919,000 USD "THE MILLON DOLLAR AMAZING PENTHOUSE" City Playa del Carmen Size 320.64 sq. m. Style Single Story Type Residential Built 2007 Bedrooms 3 Bathrooms 3 Condo Fee $750 USD Request More Info
31 photos C. Cozumel Mz 81-Lt 3, Gonzalo Guerrero, 77710 Playa del Carmen, Q.R., Aldea Thai $559,000 USD "Reduced! February 17 2023 " City Playa del Carmen Style Single Story Type Residential Bedrooms 2 Bathrooms 3 Condo Fee $529 USD Request More Info
16 photos Condo For Sale In Playa del Carmen CO62, Aldea Thai "FINANCING AVAILABLE/BEST LOCATION IN TOWN" $495,000 USD "16 years Financing Available" City Playa del Carmen Size 1400 sq. ft. Style Single Story Type Residential Built 2008 Bedrooms 2 Bathrooms 2 Condo Fee $280 USD Request More Info
20 photos ALDEA THAI SEA VIEW CONDO, Aldea Thai "Great location and ROI" $425,000 USD "Ocean view condo, Fully furnished! " City Playa del Carmen Size 1400 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $308 USD Request More Info

Properties in Aldea Thai Playa del Carmen

THE BEST OCEAN VIEW- UNIQUE- 3 BEDROOM PENTHOUSE - just listed!!!, Suite 303, Aldea Thai

C. Cozumel Mz 81-Lt 3, Gonzalo Guerrero, 77710 Playa del Carmen, Q.R., Aldea Thai

Condo For Sale In Playa del Carmen CO62, Aldea Thai

ALDEA THAI SEA VIEW CONDO, Aldea Thai