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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32 photos Oceanfront 3 Bedroom Penthouse For Sale in Playa del Carmen, Coco Beach $750,000 USD City Playa del Carmen Size 195 sq. m. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $575 USD Request More Info
17 photos Incredible Home for Sale in Playacar MLS-RM572, Playacar "Excellent Re-Sale Opportunity" $750,000 USD City Playa del Carmen Size 3863 sq. ft. Style Townhouse Type Residential Built 2003 Bedrooms 3 Request More Info
38 photos PH AVAILABLE OCEAN VIEW AND BEACH ACCESS, Playa del Carmen $750,000 USD City Playa del Carmen Size 2152.78 sq. ft. Style 2 Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
34 photos Oceanview 3 Bedroom Penthouse For Sale in Playa del Carmen, Coco Beach $750,000 USD City Playa del Carmen Size 186 sq. m. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Condo Fee $575 USD Request More Info
19 photos Corto Maltes on 10th street between 1st north & Federal Maritime Zone, Suite 305 Penthouse, Playa del Carmen "Wonderful Decor & Awesome Rooftop, Beach Club & Restaurant on site" $750,000 USD "True Oceanfront Penthouse" City Playa del Carmen Size 1688 sq. ft. Style Single Story Type Condominium Built 2009 Bedrooms 2 Bathrooms 2 Condo Fee $600 USD Request More Info
23 photos Maya Villa PH w/roof top Terrace, Suite 416, Golden Zone Playa del Carmen "Ocean View! Private roof top with view to Cozumel" $750,000 USD "Best spot for a couple to live in Playa del Carmen" City Playa Del Carmen Size 1800 sq. ft. Style 2 Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
38 photos Condominium with green views, cenote, pool, pre-construction-sale Playacar, Suite DPC280-7, Playa del Carmen $749,522 USD City Playa del Carmen Size 273 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
38 photos Condominium with green views, cenote, pool, pre-construction-sale Playacar, Suite DPC280-7, Playa del Carmen $749,522 USD City Playa del Carmen Size 273 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
20 photos Marvelous Penthouse, Mareazul, Playa del Carmen, Suite S-634, Playa del Carmen " Elegant, Luxury, Stunning" $749,164 USD "Impressive Penthouse at the best opportunity" City Playa del Carmen Size 189 sq. m. Style 2 Story Type Residential Built 2022 Bedrooms 2 Request More Info
20 photos Impressive Penthouse, Mareazul, Playa del Carmen, Suite N-632, Playa del Carmen "Elegant, Unbelievable, Surprising" $749,164 USD "Magnificent Penthouse at the best opportunity" City Playa del Carmen Size 189 sq. m. Style 2 Story Type Residential Built 2022 Bedrooms 2 Request More Info
20 photos Elegant Penthouse, Mareazul, Playa del Carmen, Suite N-634, Playa del Carmen "Majestic, Unbelievable, Marvelous" $749,164 USD "Impressive Penthouse at the best opportunity" City Playa del Carmen Size 189 sq. m. Style 2 Story Type Residential Built 2022 Bedrooms 2 Request More Info
9 photos (New Construction) EXCLUSIVE VILLA -2BR - OCEAN FRONT - AMENITIES, Suite VILLA INDIGO 303, Carretera Federal $743,364 USD "NEW LISTING!!" City Playa del Carmen Size 1313 sq. ft. Style 4-Level Split Type Residential Built 2022 Bedrooms 2 Bathrooms 2 Request More Info
19 photos UMA Playacar 3 Bedrooms, Playacar $739,323 USD City Playa del Carmen Size 262 sq. m. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
15 photos (New Construction) Luxurious 3 Bedroom Penthouse Paradise, CEIBA at 25, Playa Del Carmen, Suite PH-B 512 , Downtown Playa del Carmen "Luxury and Comfort in Developments Along the Riviera Maya." $736,737 USD "Stunning, Gorgeous" City Playa del Carmen Size 201 sq. m. Style Single Story Type Residential Built 2023 Bedrooms 3 Bathrooms 3 Request More Info
15 photos (New Construction) SAFE AND LUXURIOUS PENTHOUSE \| DOWNTOWN AREA \| PLAYA DEL CARMEN, Downtown Playa del Carmen $736,735 USD City Playa del Carmen Size 2163.55 sq. ft. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
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