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 between $250 - 500K

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16 photos EMMA Y ELISSA AMAZING CONDO BEACH FRONT \| 2 BED ROOM \| LOCK OFF , Suite C. FLAMINGOS, Avenida Cozumel (PAP2372997 / 511) "Optical Fiber Internet" $493,714 USD "Smart Automated Unit!" City Playa del Carmen Size 1234.45 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $344 USD Request More Info
18 photos EMMA Y ELISSA APARTMENT, Suite 3 BD WITH LOCK OFF AND GARDEN St. 40, Ocean View "Ocean view for a life time!" $483,271 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1419.87 sq. ft. Style Other Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $530 USD Request More Info
18 photos EMMA Y ELISSA GARDEN, Suite 3 BEDROOM APARTMENT, Ocean View "Ocean view for a life time!" $464,534 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 935.17 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $525 USD Request More Info
16 photos EMMA Y ELISSA APARTMENT, Suite 1 BD OCEAN FRONT AND GARDEN, Ocean View " Ocean view for a life time!" $458,729 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 802.88 sq. ft. Style Other Type Condominium Bedrooms 1 Bathrooms 1 Condo Fee $280 USD Request More Info
16 photos EMMA Y ELISSA AWESOME CONDO BEACH FRONT , Suite 2 BED ROOM, C. FLAMINGOS, 5th. floor, Avenida 1 south (PAP2372989 / 510) "Beach Front Development" $457,446 USD "The Smartest Investment in Playa del Carmen " City Playa del Carmen Size 1091.8 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $309 USD Request More Info
16 photos EMMA Y ELISSA AWESOME CONDO LUXURY , Suite 2 BED ROOM C. FLAMINGOS, magia (PAP2373008 / 515) "Beach Front Development" $440,995 USD "Better Imposible!!!" City Playa del Carmen Size 1052.49 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $293 USD Request More Info
16 photos EMMA Y ELISSA CONDO LUXURY BEACH FRONT APARTMENT , Suite 2 BED ROOM, C. FLAMINGOS, Grand Coral (PAP2373022/ 519) "Optical Fiber Internet" $440,995 USD "Better Imposible!!!" City Playa del Carmen Size 1052.49 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $294 USD Request More Info
17 photos GREAT APARTMENT EMMA Y ELISSA , Suite 2 BD 4th. FLOOR FLAMINGOS St. and 40 St., Calle 32 "Ocean view for a life time!" $436,653 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1091.78 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $305 USD Request More Info
16 photos EMMA Y ELISSA CONDO BEACH FRONT, Suite 2 BED ROOM C. FLAMINGOS, Little Italy (PAP2372999 / 513) "Smart Automated Unit" $424,571 USD "Ocean View Amazing Terrace" City Playa del Carmen Size 969.29 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $270 USD Request More Info
74 photos 2 Bedroom with Lock Off in Aldea Thai Precious Building, Suite 126, Centro "Priced to Sell" $415,000 USD "Ideal apartment and location for Rentals Income" City Playa del Carmen Size 115 sq. m. Style Apartment Type Condominium Built 2010 Bedrooms 2 Bathrooms 2 Taxes $500 USD Condo Fee $600 USD Request More Info
24 photos THE FIVES, Playa del Carmen, Privanza $379,000 USD City Playa del Carmen Size 178 sq. ft. Style Single Story Type Residential Built 2013 Bedrooms 2 Bathrooms 2 Request More Info
58 photos Aldea Thai 2 Bedroom facing reflecting pool, Suite 126, Centro "TURN KEY PROPERTY!!!" $354,983 USD "SPECIAL OFFER!! PRICED TO SELL" City Playa del Carmen Size 1316 sq. ft. Style Single Story Type Recreational Built 2005 Bedrooms 2 Bathrooms 2 Taxes $350 USD Condo Fee $332 USD Request More Info
18 photos EMMA Y ELISSA, Suite 1 BEDROOM 2nd. FLOOR POOL VIEW, Ocean View "Ocean view for a life time!" $345,423 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 385.56 sq. ft. Style Other Type Condominium Bedrooms 1 Bathrooms 1 Condo Fee $198 USD Request More Info
61 photos SABBIA CONDOS 3 BEDROOM/4 BATHROOMS/GROUND FLOOR DIRECT ACCESS TO THE POOL, Suite B310, Centro (Playa del Carmen) $345,000 USD "Price Reduced 345000" City Playa del Carmen Size 173 sq. m. Style Single Story Type Recreational Built 2009 Bedrooms 3 Bathrooms 4 Taxes $400 USD Condo Fee $380 USD Request More Info
16 photos EMMA Y ELISSA , Suite 1 BEDROOM 2nd. FLOOR POOL VIEW, Ocean View "Ocean view for a life time!" $334,934 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 709.12 sq. ft. Style Other Type Residential Bedrooms 1 Bathrooms 1 Condo Fee $198 USD Request More Info
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Properties in Playa del Carmen between $250 - 500K