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 BREATHTAKING CONDO HOTEL BEACH FRONT, Suite 1 BEDROOM, OCEAN FRONT, Diamond Zone "Best Location Ever" $490,063 USD "Pre-sales Prices, Don't Miss the Chance" City Playa del Carmen Size 744.65 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Condo Fee $208 USD Request More Info
16 photos EMMA Y ELISSA CONDO LUXURY BEACH FRONT APARTMENT , Suite 2 BEDROOM, C. FLAMINGOS, Grand Coral "Optical Fiber Internet" $489,101 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
16 photos EMMA Y ELISSA AWESOME CONDO LUXURY , Suite 2 BEDROOM C. FLAMINGOS, magia "Beach Front Development" $489,100 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
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!" $486,554 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, 2 BEDROOM, LOCK OFF , Suite C. FLAMINGOS, Calle 34 "Luxury and Smart Comfort" $469,055 USD "Pres-sales, Don't Miss the Chance" City Playa del Carmen Size 1052.5 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $293 USD Request More Info
16 photos EMMA Y ELISSA GREAT APARTMENT, LOCK OFF , Suite 2 BEDROOM, CONDO BEACH FRONT, Mamitas Beach "Smart Automated Unit" $469,054 USD "Better Imposible!!!" City Playa del Carmen Size 1052.5 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $294 USD Request More Info
16 photos EMMA Y ELISSA CONDO BEACH FRONT, Suite 2 BEDROOM C. FLAMINGOS, Little Italy "Smart Automated Unit" $468,895 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
22 photos (New Construction) SPECTACULAR PENTHOUSE + 2BR + PRIVATE ROOF AND POOL + AMENITIES + DOWNTOWN, Suite PH 601, Quintas del Carmen $459,000 USD City Playa del Carmen Size 1413 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
76 photos SABBIA CONDOS- PENTHOUSE, Suite D401, Centro $459,000 USD "FULLY RENOVATED" City Playa del Carmen Size 1792 sq. ft. Style Apartment Type Residential Built 2009 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Condo Fee $300 USD Request More Info
11 photos (New Construction) THE APT OF YOUR DREAMS IN PLAYA DEL CARMEN: 3 BR, GYM, INFINITY POOL+, Suite Unit 405, Downtown Playa del Carmen $456,815 USD City Playa del Carmen Size 1367.02 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Request More Info
58 photos Aldea Thai 2 Bedroom facing reflecting pool, Suite 126, Centro "TURN KEY PROPERTY!!!" $455,000 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 Condo Fee $332 USD Request More Info
27 photos (New Construction) APARTMENT 3 BED. - SEA VIEW - VERY CLOSE TO THE BEACH IN Playa del Carmen, Playa del Carmen $439,279 USD City Playa del Carmen Size 1539.24 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 2 Request More Info
31 photos MODERN Apartment Loft 3 BR - ROOF TOP AND POOL ,CONTROLLED ACCESS + YOGA SPACE \| Playa del Carmen, Centro $434,160 USD City Playa del Carmen Size 2088.2 sq. ft. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
92 photos 2 Bedroom with Lock Off in Aldea Thai Precious Building- Partial Ocean View, Suite 124, Centro "Priced to Sell" $430,000 USD "Ideal apartment and location for Rentals Income" City Playa del Carmen Size 122.17 sq. m. Style Apartment Type Condominium Built 2007 Bedrooms 2 Bathrooms 2 Condo Fee $600 USD Request More Info
20 photos (New Construction) Sophisticated 2-bedroom PH. Aldea Zama the best location for investment , Aldea Zama $427,172 USD City Playa del Carmen Size 1646.88 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
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Properties in Playa del Carmen between $250 - 500K

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