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 $500-750K

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22 photos EMMA Y ELISSA AWESOME APARTMENT 2 BED ROOM, Suite OCEAN VIEW C. Albatros , downtown ocean view (PAP2372895 /431) "Smart Automated Unit" $748,238 USD "Better Imposible!!! " City Playa del Carmen Size 1265.2 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $353 USD Request More Info
22 photos EMMA Y ELISSA AWESOME APARTMENT 2 BED ROOM OCEAN VIEW , Suite BEACH FRONT, downtown ocean view (PAP2372979 / 506) "Ocean View Amazing Balcony" $731,567 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 1164 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $325 USD Request More Info
19 photos Gorgeous Condo Emma y Elissa, Suite LOCK OFF 3 BR POOL VIEW AND OCEAN VIEW, Diamond Zone "Diamond in the Rough" $728,136 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1437.3 sq. ft. Style Other Type Other Bedrooms 3 Bathrooms 1 Condo Fee $4,001 USD Request More Info
22 photos EMMA Y ELISSA WOW APARTMENT OCEAN VIEW, Suite 2 BED ROOM BEACH FRONT, Avenida Cozumel (PAP2372869 / 425) "Optical Fiber Internet" $706,381 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 1449 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $404 USD Request More Info
20 photos EMMA Y ELISSA GREAT APARTMENT , Suite 3 BED ROOM LOCK OFF OCEAN VIEW , Gonzalo Guerrero (PAP2373768/ 526) "Beach Front Development" $705,870 USD "Luxury and Smart Comfort" City Playa del Carmen Size 1436.55 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $400 USD Request More Info
21 photos EMMA Y ELISSA FORMIDABLE APARTMENT , Suite 3 BED ROOM BEACH FRONT C. 44, The Elements (PAP2373759 / 524) "New Project Ocean Front Developtment" $694,249 USD "Smart Automated Unit" City Playa del Carmen Size 1435.15 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $400 USD Request More Info
22 photos EMMA Y ELISSA WONDROUS APARTMENT CONDO HOTEL BEACH FRONT, Suite 3 BED ROOM, OCEAN VIEW FRONT, Ocean View (PAP2372665 311) "Luxury and Smart Comfort" $675,828 USD "Pre-sales Prices, Don't Miss the Chance" City Playa del Carmen Size 1267.4 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $353 USD Request More Info
22 photos EMMA Y ELISSA AMAZING APARTMENT OCEAN VIEW, Suite 3 BED ROOM, LOCK OFF, C. 44, 5th Avenue (PAP2372900 / 424) "Optical Fiber Internet" $666,917 USD "Better Imposible!!! " City Playa del Carmen Size 1435 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $400 USD Request More Info
23 photos EMMA Y ELISSA AMAZING APARTMENT BEACH FRONT, Suite 3 BED ROOM, 5th floor, C. 40, Central (PAP2372957 / 501) "Beach Front Development" $665,090 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 1375 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $383 USD Request More Info
22 photos EMMA Y ELISSA GORGEOUS CONDO-HOTEL BEACH FRONT, Suite 2 BED ROOM, OCEAN VIEW, Downtown Playa del Carmen "The most unique Condo-Hotel ever!!!" $651,691 USD "Pre-sales Prices, Don't Miss the Chance" City Playa del Carmen Size 1267.34 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $344 USD Request More Info
19 photos EMMA Y ELISSA CONDO HOTEL BEACH FRONT, GORGEOUS APARTMENT, Suite 3 BED ROOM, LOCK OFF, 5th Avenue (PAP2361859 103) "Ocean view for a life time!" $651,340 USD "Pre-sales Prices, Don't Miss the Chance" City Playa del Carmen Size 1419.2 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $403 USD Request More Info
21 photos EMMA Y ELISSA GREAT APARTMEN 3 BED ROOM , Suite LOCK OFF \| OCEAN VIEW\| 5th. floor, Playacar Phase 1 (PAP2373036 / 514) "THREE BEDROOMS" $650,978 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 1139.03 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $318 USD Request More Info
33 photos Aldea Thai Magnificent 2 Bedroom with private pool, Suite 106, Playa del Carmen "WITH PRIVATE POOL & TERRACE/ RENOVATED/ FURNISHED & EQUIPPED" $650,000 USD "Amazing Price on this beautiful Condo." City Playa del Carmen Size 1980.55 sq. ft. Style Apartment Type Condominium Built 2007 Bedrooms 2 Bathrooms 2 Taxes $500 USD Condo Fee $600 USD Request More Info
13 photos EMMA Y ELISSA AWESOME APARTMENT 2 BED ROOM , Suite C. FLAMINGOS C. 44 , Golden Zone Playa del Carmen (PAP2373048 / 523) "Optical Fiber Internet" $649,943 USD "Better Imposible!!!" City Playa del Carmen Size 1343.55 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $374 USD Request More Info
20 photos EMMA Y ELISSA MARVELOUS, CONDO BEACH FRONT, Suite 2 BED ROOM, OCEAN VIEW, C. ALBATROS, Little Italy (PAP2361863 106) "The Smartest Investment in Playa del Carmen" $639,036 USD "Better Imposible!!!" City Playa del Carmen Size 1242.15 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $375 USD Request More Info
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Properties in Playa del Carmen between $500-750K