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 in Cozumel

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11 photos 4 ROOMS APARTMENT - GOOD LOCATION AND AMENITIES IN THE BEAUTIFUL ISLAND OF COZUMEL, Cozumel $613,015 USD City COZUMEL Size 3509.03 sq. ft. Style Single Story Type Condominium Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
22 photos (New Construction) EXTRAORDINARY 3BR PENTHOUSE + 2 TERRACES + GYM + POOL + AMENITIES, Cozumel $550,000 USD City 77600 Size 2037 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
9 photos (New Construction) THE BEST APT (2BR) IN COZUMEL, DEVELOPMENT WITH OCEAN VIEW AND AMENITIES +, Cozumel $475,000 USD City Cozumel Size 2052.68 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
9 photos (New Construction) COZUMEL : 2 BEDROOM APARTMENT, OCEAN VIEW, AMENITIES: TENNIS COURTS, POOL+, Cozumel $455,000 USD City Cozumel Size 2052.67 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
9 photos (New Construction) 2 BEDROOM APARTMENT IN COZUMEL CONDO WITH TENNIS COURT, PADDLE, SWIMMING POOL+, Cozumel $435,000 USD City Cozumel Size 2179.69 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
26 photos (New Construction) YOUR CONDO IN THE ISLAND - 2 BEDROOMS WITH TERRACE AND GARDEN + AMENITIES, Suite 108, Gonzalo Guerrero $369,000 USD City San Miguel Size 2633 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
26 photos (New Construction) AWESOME 3 BR DEPARTAMENT WITH PRIVATE ROOF GARDEN AND TERRACE + AMENITIES, Suite 204, Gonzalo Guerrero $355,000 USD City San Miguel Size 2204 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
21 photos (New Construction) SPLENDID 2 BR CONDO + TERRACE + AMENITIES IN COZUMEL, Cozumel $324,000 USD Size 1183 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
21 photos (New Construction) CHARMING 2 BR CONDO WITH TERRACE NEAR THE OCEAN - COZUMEL, Cozumel $306,000 USD Size 1183 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
26 photos (New Construction) VIBRANT CONDO WITH 3 BR + PRIVATE DECK + POOL VIEW + DELUXE AMENITIES, Suite 202, Gonzalo Guerrero $285,000 USD City San Miguel Size 1734 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 2 Request More Info
21 photos (New Construction) AMAZING 2 BR APARTMENT NEAR THE BEACH - COZUMEL ISLAND, Cozumel $276,000 USD Size 1099 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
26 photos (New Construction) BEAUTIFUL CONDO ON THE ISLAND WITH 2 BR AND NICE GARDEN + AMENITIES + GROUND FLOOR, Suite 104, Gonzalo Guerrero $252,000 USD City San Miguel Size 1771 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
39 photos INFINITO 104 APARTMENT 2 BEDROOM- playa del carmen, Suite 104, Gonzalo Guerrero $245,000 USD "Reduced!! priced to sell" Size 100 sq. m. Style 3 Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
16 photos Infinito 1103, Suite 1103, Gonzalo Guerrero $235,000 USD "Reduced!! priced to sell" City Playa del Carmen Size 110 sq. m. Style Single Story Type Condominium Built 2008 Bedrooms 2 Bathrooms 2 Condo Fee $200 USD Request More Info
26 photos (New Construction) EXCELLENT OPTION ON THE ISLAND - 1 BR CONDO WITH GARDEN AREA + POOL VIEW + AMENITIES, Suite 109, Gonzalo Guerrero $219,000 USD City San Miguel Size 1441 sq. ft. Style Apartment Type Condominium Bedrooms 1 Bathrooms 1 Request More Info
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