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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52 photos CTM Avenue cross Flamingo's Street, Suite 7, The Elements $750,000 USD City Playa del Carmen Size 2152 sq. ft. Style Single Story Type Residential Built 2008 Bedrooms 3 Bathrooms 3 Condo Fee $354 USD Request More Info
34 photos (New Construction) Amazing Department 3 Bedroom OCEANA RESIDENCIA DE PLAYA, Playa Del Carmen, Suite Unit 332 , Playa del Carmen "Luxury Departments few steps to the Beach" $750,000 USD "750000.00" City Playa del Carmen Size 1496.18 sq. ft. Style Single Story Type Residential Built 2021 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
37 photos CTM Avenue cross Flamingos Street, Suite PH 6, The Elements $750,000 USD City Playa del Carmen Style 2 Storey Type Residential Built 2008 Condo Fee $521 USD Request More Info
23 photos Houses for sale in Playa del Carmen: Casa Hal-Ha, Playacar Phase 2 $750,000 USD City Playa del Carmen Size 3864 sq. ft. Style Single Story Type Residential Built 2003 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
41 photos 3BR APARTMENT Next to the Beach with INCREDIBLE amenities, Suite 332, Playa del Carmen $750,000 USD City Playa del Carmen Style Single Story Type Residential Request More Info
12 photos av. cozumel Condos Emma y Elisa, Suite 54344, downtown ocean view "ocean View 2 BD condo" $748,000 USD "Ocean View Condos" City Playa del Carmen Size 1119 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
4 photos (New Construction) NAOMI Beach Villa Cobalto, Suite 403, Ciudad Mayakoba $746,818 USD City Playa del Carmen Size 1550 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
20 photos (New Construction) Amazing & Luxury Homes ALDEA Paraiso, Playa Del Carmen, Suite Unit 5 4 Bedroom, Downtown Playa del Carmen "YOUR NEW HOME IN THE MEXICAN CARIBBEAN, NEAR TO THE BEACH" $745,900 USD "745900.00" City Playa del Carmen Size 4844.1 sq. ft. Style Single Story Type Residential Built 2022 Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
10 photos (New Construction) Shop of 1,584.46 ft2 in the heart of Playa del Carmen, entre 5Av. y 10Av. " Exclusive design, In the heart of Playa del Carmen" $744,000 USD "last days with these prices" City Playa del Carmen Size 1584.46 sq. ft. Style Single Story Type Commercial Request More Info
10 photos (New Construction) Wonderful shop of 1,584.46 ft2 in the heart of Playa del Carmen, entre 5Av. y 10Av. " Exclusive design, In the heart of Playa del Carmen" $744,000 USD "last days with these prices" City Playa del Carmen Size 1584.46 sq. ft. Style Single Story Type Commercial Request More Info
8 photos (New Construction) Oceanfront 2 Bedroom Condo in Xcalacoco, Xcalacoco $743,364 USD City Playa del Carmen Size 121.98 sq. m. Style Apartment Type Condominium Built 2022 Bedrooms 2 Bathrooms 2 Request More Info
58 photos (New Construction) 3BR Beachfront Condos for sale in Playa del Carmen, Grand Coral "Access to the clubhouse and golf course" $741,924 USD "Different floor plans & prices available" City Playa del Carmen Size 2389 sq. ft. Style Single Story Type Residential Built 2021 Bedrooms 3 Bathrooms 4 Half Bathrooms 1 Request More Info
15 photos (New Construction) Luxury condos in Playacar Phase 2: Mara, Playacar Phase 2 $740,000 USD City Playa del Carmen Size 3100 sq. ft. Style Single Story Type Condominium Built 2017 Bedrooms 3 Bathrooms 3 Request More Info
12 photos Residencial Sool Village #37 Selvamar, 77727 Playa del Carmen, Q.R., La Ceiba $735,000 USD City Playa del Carmen Size 6533 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 4 Request More Info
10 photos Beautiful house in one of the best areas of Playa del Carmen P3146, Playa del Carmen $734,300 USD City Playa del Carmen Size 270 sq. m. Style 2 Storey Type Residential Bedrooms 4 Bathrooms 3 Half Bathrooms 1 Request More Info
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Properties in Playa del Carmen between $500-750K

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