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

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23 photos (New Construction) BEAUTIFUL and LUXURY PENTHOUSE in Cozumel Island Infinity Pool- Sky Lounge- Game Room- Gym, Cozumel (PAP3137275) $650,000 USD City Cozumel Size 1068.24 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 5 Half Bathrooms 1 Request More Info
11 photos 4 ROOMS APARTMENT - GOOD LOCATION AND AMENITIES IN THE BEAUTIFUL ISLAND OF COZUMEL, Cozumel (PAP3687284) $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
12 photos 3 BEDROOMS APARTMENT - 3 TERRACES IN THE BEAUTIFUL ISLAND OF COZUMEL, Cozumel (PAP3681193) $398,958 USD City COZUMEL Size 1555.92 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 2 Half Bathrooms 1 Request More Info
15 photos BEAUTIFUL PENTHOUSE - 2 BR. - ROOFTOP WITH POOL - IN THE BEAUTIFUL COZUMEL ISLAND, Cozumel (PAP3817232) $385,263 USD City COZUMEL Size 2712 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
21 photos Cozumel just two blocks away from the sea/ 3 Bedroom/ Beautiful amenities, Cozumel Centro (PAP3065144 ) $350,000 USD City San Miguel Size 672.27 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 2 Request More Info
16 photos CONTEMPORARY STYLE APARTMENT- 3 BR. - COZUMEL, Q.ROO, Cozumel (PAP3817004) $312,632 USD City COZUMEL Size 1657 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
16 photos BEAUTIFUL DEPARTMENT 2 BED. AND LOCK OFF - SEA VIEW ON THE ISLAND OF COZUMEL, Cozumel (PAP3695233) $281,000 USD City cozumel Size 1354.09 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
24 photos (New Construction) Quintana Roo \| LUXURY DEPARTMENT IN COZUMEL ISLAND \| Infinity Pool - Sky Lounge - Game Room- Gym, Cozumel (PAP3118117) $280,000 USD City Cozumel Size 660.96 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
16 photos INCREDIBLE APARTMENT 2 BED. AND LOCK OFF - SEA VIEW ON THE ISLAND OF COZUMEL, Cozumel (PAP3695142) $276,500 USD City Cozumel Size 1354.09 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
16 photos INCREDIBLE APARTMENT 2 BED. AND LOCK OFF - A FEW STEPS FROM THE BEACH ON THE ISLAND OF COZUMEL, Cozumel (PAP3694998) $275,000 USD City cozumel Size 1356.25 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
12 photos 3 BEDROOMS APARTMENT - GOOD LOCATION AND AMENITIES IN THE BEAUTIFUL ISLAND OF COZUMEL, Cozumel (PAP3687275) $274,000 USD City COZUMEL Size 1474.66 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
13 photos 2 BEDROOMS APARTMENT - 3 TERRACES IN EXCELLENT LOCATION IN THE BEAUTIFUL ISLAND OF COZUMEL, Cozumel (PAP3656563) $254,671 USD City cozumel Size 1087.8 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
13 photos 2 BEDROOMS APARTMENT - 2 TERRACES IN EXCELLENT LOCATION - COZUMEL, Downtown (PAP3656082) $251,345 USD City COZUMEL Size 1073.59 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
20 photos BEAUTIFUL APARTMENT 2 BEDROOM - EXCELLENT AMENITIES - COZUMEL ISLAND, Cozumel (PAP3767127) $229,715 USD City Cozumel Size 1194 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
16 photos 1st Floor APARTMENT - 2 BED - IN THE BEAUTIFUL COZUMEL ISLAND, Cozumel (PAP3817183) $225,789 USD City COZUMEL Size 1119 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
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