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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61 photos (New Construction) STUNNING PENTHOUSE \| 3 BED \| MAMITA'S BEACH AREA- LUXURY HIGH-ENDS 28th street & Cozumel avenue, Suite 521, Centro (PAP2118478) $1,450,000 USD "UNBEATABLE" City Playa del Carmen Size 124344 sq. ft. Style 5-Level Split Type Residential Built 2018 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
36 photos (New Construction) AMAZING PENTHOUSE\|3 BED\| AMENITIES -STEPS TO BEACH- 38th st & Flamingos Av, Suite 501, Miranda (PCO27573 AP2537482 ) $1,144,900 USD "LAST PH-OCEAN VIEW" City Playa del Carmen Size 1057 sq. ft. Style 5-Level Split Type Residential Built 2018 Bedrooms 3 Bathrooms 3 Half Bathrooms 2 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 USD City Playa del Carmen, Punta Maroma Size 112460 sq. m. Style Single Story Type Recreational Request More Info
15 photos (New Construction) Departments Acento Playa, Playa del Carmen, Suite Departamento 1, Downtown Playa del Carmen (Playa Del Carmen) "Near to the Beach" $32,200,000 USD City Playa del Carmen Size 1182.84 sq. ft. Style Single Story Type Residential Built 2019 Bedrooms 1 Bathrooms 1 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
11 photos Beachfront Lot Construction - Prime Location !!, Playa del Carmen $18,000,000 USD City Playa del Carmen Style Single Story Lot Size 6000 sq. m. Type Lots and Land Request More Info
13 photos (New Construction) -La Torre Empresarial que todos quieren ( 360 m2 ) EL BLOQUE COMPLETO!, Playa del Carmen $13,000,000 MXN City Playa del Carmen Size 360 sq. m. Style Commercial Type Commercial Request More Info
18 photos 127 Hectareas, Xcaret "It’s a Tangible Asset!" $10,160,000 USD "$ 8. USD Per Sq. Meter!" City Playa del Carmen Style Lot / Land Lot Size 127 hectares Type Lots and Land Request More Info
12 photos (New Construction) commercial premises for sale on 5th Avenue, some of them with rental contracts, Suite MLS-ACPC215, Playa del Carmen $9,660,000 USD City Playa del Carmen Size 1466 sq. m. Style Single Story Lot Size 879 sq. m. Type Commercial Bedrooms 6 Bathrooms 6 Request More Info
7 photos Playacar Fase II Xaman-ha, Lot 17-11, Playacar "Large lot for your golf frontage residence A unique opportunity.." $9,000,000 MXN "Best price per sqft for a golf frontage lot" City Playa del Carmen Size 1465 sq. m. Style Duplex Lot Size 1465 sq. m. Type Lots and Land Taxes $15000 MXN Request More Info
3 photos PLAYA DEL CARMEN (VT-1079), Luis Donaldo Colosio $8,480,000 MXN City Playa del Carmen Style Single Story Lot Size 400 sq. m. Type Residential Request More Info
16 photos (New Construction) PLAYA DEL CARMEN EN RESIDENCIAL DE LUJO (VC-1377), Playa Magna $8,360,000 MXN "REDUCED" City Playa del Carmen Size 340 sq. m. Style 2 Story Lot Size 385 sq. ft. Type Condominium Built 2019 Bedrooms 3 Bathrooms 5 Request More Info
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Properties in Playa del Carmen Over 1 Million

STUNNING PENTHOUSE | 3 BED | MAMITA'S BEACH AREA- LUXURY HIGH-ENDS 28th street & Cozumel avenue, Suite 521, Centro (PAP2118478)

AMAZING PENTHOUSE|3 BED| AMENITIES -STEPS TO BEACH- 38th st & Flamingos Av, Suite 501, Miranda (PCO27573 AP2537482 )

Hotel Bosque Caribe C2944, Suite 0, Playa del Carmen (C2944)

Av. universidades, esquina paseo del Mayab, Los Arrecifes Playa del Carmen, Playa del Carmen

Playa del Carmen, Solidaridad, Cancún, Punta Maroma

Departments Acento Playa, Playa del Carmen, Suite Departamento 1, Downtown Playa del Carmen (Playa Del Carmen)

Arrecifes, Lot 9, Los Arrecifes (Playa del Carmen)

Carretera Federal Cancun-Playa del Carmen PM $18,610,000 usd, Playa del Carmen (Playa del Carmen)

Beachfront Lot Construction - Prime Location !!, Playa del Carmen

-La Torre Empresarial que todos quieren ( 360 m2 ) EL BLOQUE COMPLETO!, Playa del Carmen

127 Hectareas, Xcaret

commercial premises for sale on 5th Avenue, some of them with rental contracts, Suite MLS-ACPC215, Playa del Carmen

Playacar Fase II Xaman-ha, Lot 17-11, Playacar

PLAYA DEL CARMEN (VT-1079), Luis Donaldo Colosio

PLAYA DEL CARMEN EN RESIDENCIAL DE LUJO (VC-1377), Playa Magna

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Properties in Playa del Carmen Over 1 Million