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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8 photos Espectacular Casa en Playacar Fase 2 / 6 habitaciones /Playa del Carmen, Playacar Phase 2 (PHO2257363) $750,000 USD City Playa del Carmen Size 5381.96 sq. ft. Style Single Story Type Residential Bedrooms 6 Bathrooms 5 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" $732,842 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
20 photos (New Construction) EMMA & ELISSA INCREDIBLE New Beach Front Project 3 BEDROOM, Suite Beach Front, Ocean View (PAP2375202 618) "THREE BEDROOM" $725,593 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
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" $721,528 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
23 photos EMMA Y ELISSA AMAZING APARTMENT BEACH FRONT, Suite 3 BED ROOM, 5th floor, C. 40, Central (PAP2372957 / 501) "Beach Front Development" $720,767 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
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!" $720,450 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
30 photos 4 Bedroom NEW house in Gated Community Playacar Phase II, Playacar Phase 2 (PHO3143586) "Brand New" $719,900 USD City Playa del Carmen Size 16032.9 sq. ft. Style Single Story Lot Size 7534 sq. ft. Type Residential Built 2018 Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Taxes $600 USD Condo Fee $100 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" $710,994 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
21 photos EMMA Y ELISSA GREAT APARTMEN 3 BED ROOM , Suite LOCK OFF \| OCEAN VIEW\| 5th. floor, Playacar Phase 1 (PAP2373036 / 514) "THREE BEDROOMS" $703,730 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
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" $698,218 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
22 photos EMMA Y ELISSA GORGEOUS CONDO-HOTEL BEACH FRONT, Suite 2 BED ROOM, OCEAN VIEW, Downtown Playa del Carmen (PAP2368661) "The most unique Condo-Hotel ever!!!" $697,793 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
17 photos Condo Luxury EMMA Y ELISSA, Suite 3 BEDROOMS 4th floor and 40 Street, Gonzalo Guerrero (PAP2372810) "Diamond in the Rough" $694,840 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
16 photos EMMA Y ELISSA GORGEOUS APARTMENT , Suite C. FLAMINGOS, 4th floor, Calle 38 (PAP2372905 / 423) "Beach Front Development" $675,188 USD "Better Imposible!" City Playa del Carmen Size 1344 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $375 USD Request More Info
22 photos EMMA Y ELISSA GREAT CONDO HOTEL BEACH FRONT, Suite 2 BED ROOM, C. ALBATROS, calle 42 (PAP2370429 245) "Luxury and Smart Comfort" $674,757 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 $353 USD Request More Info
22 photos PRE SALE EMMA Y ELISSA AMAZING CONDO, Suite Street 44 North View and Ocean View, Downtown Beachfront (PAP2089426 335) "Diamond in the Rough" $624,507 USD "Ocean view for a life time!" City Playa del Carmen Size 1439 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $401 USD Request More Info
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Properties in Playa del Carmen between $500-750K