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 750K - 1 Million

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22 photos FOR SALE building with 4 apartments of 3 BD on 10 Av and CTM, Playa del Carmen P3302, Zazil-ha $1,000,000 USD City Playa del Carmen Size 203 sq. m. Style 4-Level Split Type Other Built 2018 Bedrooms 12 Bathrooms 12 Half Bathrooms 3 Request More Info
23 photos Hostal 7 bedrooms half block from the beach and 5th Avenue, Suite MLS-ACPC218, Playa del Carmen $1,000,000 USD City Playa del Carmen Size 322 sq. m. Style Single Story Type Commercial Bedrooms 7 Bathrooms 7 Request More Info
17 photos 10TH AVENUE PLAYA DEL CARMEN EL CORTO MALTES, Beachfront "GREAT INVESTMENT OPPORTUNITY" $1,000,000 USD "BEST LOCATION IN PLAYA DEL CARMEN" City Playa del Carmen Size 2658.69 sq. ft. Style Apartment Type Residential Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
23 photos Playacar Phase 1 Sea view, Playacar Phase 1 "Great location by the sea" $999,000 USD "Sea View Modern Home" City Playa del Carmen Size 3336.81 sq. ft. Style 3 Story Type Residential Built 2015 Bedrooms 5 Bathrooms 5 Request More Info
6 photos PLAYACAR PHASE 1 SEA VIEW - VISTA EL MAR!, Playacar Phase 1 "GREAT OCEAN VIEW LOT" $999,000 USD "VISTA EL MAR! SEA VIEW LOT" City Playa del Carmen Size 500 sq. m. Style Lot / Land Type Residential Request More Info
27 photos El Taj 3 Bedroom Penthouse For Sale in playa del Carmen, Downtown Beachfront $999,000 USD City Playa del Carmen Size 216.35 sq. m. Style Apartment Type Condominium Bedrooms 3 Bathrooms 2 Request More Info
18 photos (New Construction) PENTHOUSE Boutique Hotel NAOMI Beach Club, Playa Del Carmen, Suite PENTHOUSE 204 Índigo, Playa del Carmen "Luxury PENTHOUSE Villas Ocean Front" $990,154 USD "990154.00" City Playa del Carmen Size 2196.11 sq. ft. Style Single Story Type Residential Built 2022 Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
18 photos 8th Street PDC Central building, Centro "Building 2 blocks from 5th Avenue- price just dropped" $990,000 USD " Hotel with 10 rooms en suite" City Playa del Carmen Size 542 sq. m. Style 3 Story Type Commercial Bedrooms 10 Bathrooms 10 Request More Info
12 photos 3-Bedroom Penthouse with Lock-Off in Playa del Carmen, Downtown Playa del Carmen $990,000 USD "$ 21,285,000" City Playa del Carmen Size 2260 sq. ft. Style 2 Story Type Condominium Built 2010 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
14 photos (New Construction) Excellent Location PENTHOUSE With Jacuzzi TERRAZAS, Playa Del Carmen, Suite PH 402 3 Bedrooom 2 levels, Downtown Playa del Carmen "Just 200 meters from the Beach, it offers a restaurant, free bikes, an outdoor pool and a fitness cl" $990,000 USD "990000.00" City Playa del Carmen Size 2262.358 sq. ft. Style Single Story Type Residential Built 2021 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
46 photos Mareazul, Suite 421, Xcalacoco "Fabulous Beachfront Location" $988,000 USD "Luxury Beachfront Condo" City Playa del Carmen Size 218 sq. m. Style 2 Story Type Condominium Bedrooms 3 Bathrooms 4 Request More Info
111 photos MAREAZUL, GRAN CORAL RIVIERA MAYA, Mareazul $986,049 USD "$17,748,882.00 MXN" City Playa del Carmen Size 1851.39 sq. ft. Style Single Story Type Condominium Bedrooms 2 Bathrooms 3 Request More Info
25 photos , Playacar Phase 2 $984,500 USD City Playa del Carmen Size 3452 sq. ft. Style Single Story Type Residential Built 2018 Bedrooms 3 Bathrooms 3 Request More Info
48 photos (New Construction) Avenida Xaman-Ha , Suite 106, Playacar Phase 2 $984,500 USD City Playa del Carmen Size 3392 sq. ft. Style Apartment Type Residential Built 2018 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Condo Fee $800 USD Request More Info
58 photos Mara Garden House 106, Playacar Phase 2 $984,500 USD "Last Unit Left!" City Playa del Carmen Size 321 sq. m. Style Single Story Type Condominium Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
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Properties in Playa del Carmen between 750K - 1 Million