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 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
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
17 photos EMMA Y ELISSA APARTMENT OCEAN VIEW , Suite 2 REC WITH GARDEN, Ocean View "Ocean view for a life time!" $704,285 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1607.81 sq. ft. Style Other Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $450 USD Request More Info
16 photos (New Construction) EMMA & ELISSA, MAGNIFICENT NEW DEVELOPMENT, Suite 4 BED ROOM, BEACH FRONT PROJECT, Calle Flamingos (PAP2070581 619) "Luxury and Smart Comfort..." $694,728 USD "PR-ESALE PRICES, DON´T MISS THE CHANCE!" City Playa del Carmen Size 2026.52 sq. ft. Style Single Story Type Condominium Bedrooms 4 Bathrooms 4 Condo Fee $565 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
21 photos EMMA & ELISSA LOCK OFF NEW BEACH FRONT, Suite 3 BEDROOM, Ocean View (PAP2375193 616) "THREE BEDROOMS" $672,677 USD "The Smartest Investmen 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
21 photos (New Construction) EMMA & ELISSA AWESOME , Suite 3 BEDROOMS LOCK OFF, Ocean View (PAP2375182 614) "SMART AUTOMATED UNITS !" $672,677 USD "THE BEST PRE-SALE PROJECT IN PLAYA DEL CARMEN " City Playa del Carmen Size 1139.35 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $318 USD Request More Info
20 photos (New Construction) EMMA & ELISSA INCREDIBLE New Beach Front Project 3 BEDROOM, Suite Beach Front, Ocean View (PAP2375202 618) "THREE BEDROOM" $672,677 USD "BETTER IMPOSIBLE!!!" City Playa del Carmen Size 1139.35 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $318 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
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
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
17 photos EMMA Y ELISSA, Suite 3BEDROOMS 3rd. FLOOR OCEAN VIEW FRONT, Ocean View "Ocean view for a life time!" $642,892 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1164 sq. ft. Style Other Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $325 USD Request More Info
21 photos AMAZING CONDO EMMA Y ELISSA, Suite 2BD 3rd. FLOOR OCEAN VIEW FRONT, Downtown Beachfront "Ocean view for a life time!" $642,892 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1164 sq. ft. Style Single Story Type Other Bedrooms 2 Bathrooms 2 Condo Fee $325 USD Request More Info
17 photos Condo Luxury EMMA Y ELISSA, Suite 3 BEDROOMS 4th floor and 40 Street, Gonzalo Guerrero "Diamond in the Rough" $638,905 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Style Other Type Other Bedrooms 3 Bathrooms 3 Condo Fee $384 USD Request More Info
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Properties in Playa del Carmen between $500-750K