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 Playa del Carmen Over 1 Million

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24 photos EMMA Y ELISSA AMAZING PENTHOUSE, BEACH FRONT , Suite ROOF GARDEN, PRIVATE POOL, OCEAN VIEW , downtown ocean view (PAP2093270 626) "Ocean view for a life time!" $1,675,682 USD "PRE-SALE PRICES, Don't Miss the Chance" City Playa del Carmen Size 4314.82 sq. ft. Style Other Type Condominium Bedrooms 4 Bathrooms 5 Half Bathrooms 1 Condo Fee $1,202 USD Request More Info
24 photos BREATHTAKING VIEW PENTHOUSE EMMA Y ELISSA , Suite 2 BED ROOM OCEAN VIEW , Ocean Front (PAP2375269 629) "Ocean view for a life time!" $1,297,759 USD "PRE-SALE PRICES, Don't Miss the Chance" City Playa del Carmen Size 2534.68 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 3 Condo Fee $707 USD Request More Info
21 photos EMMA Y ELISSA AWESOME PENTHOUSE!!!, Suite 3 BED ROOM BEACH FRONT LOCK OFF, Ocean View (PAP2375240 624) "Ocean view for a life time!" $1,203,822 USD "Ocean View Amazing Terrace" City Playa del Carmen Size 2873.1 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $800 USD Request More Info
23 photos EMMA Y ELISSA., AMAZING PENTHOUSE , Suite 3 BED ROOM BEACH FRONT, Ocean View (PAP2375227 622) "Ocean view for a life time!" $1,181,255 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 2870.3 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $800 USD Request More Info
19 photos (New Construction) EMMA & ELISSA BEACH FRONT CONDO LUXURY, Suite 2 BEDROOM, Calle Flamingos (PAP2375214 621) "Ocean view for a life time!" $1,084,172 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 2687.1 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $780 USD Request More Info
17 photos EMMA Y ELISSA SPECTACULAR APARTMENT, Suite 3 BED ROOM 2 LOCK OFF OCEAN VIEW C. 44, 5th Avenue (PAP2373775 / 528) "Optical Fiber Internet" $1,067,858 USD "Better Impossible!!!" City Playa del Carmen Size 2157.41 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Condo Fee $601 USD Request More Info
22 photos EMMA Y ELISSA GREAT APARTMENT 4 BEDROOMS, Suite BEACH FRONT, calle 42 (PAP2372890 /428) "Beach Front Development" $1,026,786 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 2157.5 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Condo Fee $601 USD Request More Info
15 photos (New Construction) EMMA Y ELISSA, EXTRAORDINARY APARTMENT, LOCK OFF , Suite BEACH FRONT, Ocean View (PAP2375169 612) "FOUR BEDROOMS" $1,009,591 USD "OCEAN VIEW AMAZING TERRACE " City Playa del Carmen Size 1739 sq. ft. Style Single Story Type Residential Built 2022 Bedrooms 4 Bathrooms 4 Condo Fee $485 USD Request More Info
20 photos EMMA Y ELISSA AWESOME CONDO HOTEL BEACH FRONT, Suite 4 BEDROOMS, 2 LOCK OFF, Ocean View (PAP2361876 112) "Luxury and Smart Comfort" $1,002,756 USD "Better Imposible!!!" City Playa del Carmen Size 2185.4 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Condo Fee $610 USD Request More Info
23 photos Hotel Bosque Caribe C2944, Suite 0, Playa del Carmen (C2944) $79,000,000 MXN City Playa del Carmen Size 825 sq. m. Style Other Type Commercial Built 20 Bedrooms 25 Request More Info
3 photos Av. universidades, esquina paseo del Mayab, Los Arrecifes Playa del Carmen, Playa del Carmen $43,671,560 MXN City Playa del Carmen Size 8521.28 sq. ft. Style Single Story Type Commercial Request More Info
10 photos Playa del Carmen, Solidaridad, Cancún, Punta Maroma $38,000,000 MXN City Playa del Carmen, Punta Maroma Size 112460 sq. m. Style Single Story Type Recreational Request More Info
18 photos , Playa del Carmen (playa del Carmen) $21,900,000 USD City Playa del Carmen Size 7036 sq. m. Style Other Lot Size 183729 sq. m. Type Commercial Built 2012 Bedrooms 70 Bathrooms 70 Half Bathrooms 2 Request More Info
8 photos Arrecifes, Lot 9, Los Arrecifes (Playa del Carmen) "Near Schools and commercials areas" $19,696,819 MXN "Great Location" City Playa del Carmen Style Lot / Land Lot Size 69179 sq. m. Type Lots and Land Request More Info
7 photos Carretera Federal Cancun-Playa del Carmen PM $18,610,000 usd, Playa del Carmen (Playa del Carmen) $18,610,000 USD "Exchange rate at closing" City Playa del Carmen Style Lot / Land Type Lots and Land Request More Info
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Properties in Playa del Carmen Over 1 Million