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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17 photos EMMA Y ELISSA BREATHTAKING VIEW APARTMENT , Suite 4 BED ROOM, Downtown Playa del Carmen (PAP2372872 / 427) "Optical Fiber Internet" $987,346 USD "Better Imposible!!!" City Playa del Carmen Size 2160.1 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Condo Fee $602 USD Request More Info
19 photos EMMA Y ELISSA WOW APARTMENT OCEAN VIEW, Suite BEACH FRONT, 4 BED ROOM, Golden Zone Playa del Carmen (PAP2372962 / 504) "Ocean view for a lifetime!!!" $970,019 USD "Better Imposible!!!" City Playa del Carmen Size 2158.2 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Condo Fee $602 USD Request More Info
17 photos EMMA Y ELISSA SPECTACULAR APARTMENT, Suite 3 BED ROOM 2 LOCK OFF OCEAN VIEW C. 44, 5th Avenue (PAP2373775 / 528) "Optical Fiber Internet" $969,680 USD "Better Impossible!!!" City Playa del Carmen Size 2157.41 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Condo Fee $601 USD Request More Info
19 photos (New Construction) EMMA & ELISSA BEACH FRONT CONDO LUXURY, Suite 2 BEDROOM, Calle Flamingos (PAP2375214 621) "Ocean view for a life time!" $962,120 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 2687.1 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $780 USD Request More Info
22 photos EMMA Y ELISSA GREAT APARTMENT 4 BEDROOMS, Suite BEACH FRONT, calle 42 (PAP2372890 /428) "Beach Front Development" $928,592 USD "The Smartest Investment in Playa del Carmen" City Playa del Carmen Size 2157.5 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Condo Fee $601 USD Request More Info
20 photos EMMA Y ELISSA AWESOME CONDO HOTEL BEACH FRONT, Suite 4 BEDROOMS, 2 LOCK OFF, Ocean View (PAP2361876 112) "Luxury and Smart Comfort" $915,651 USD "Better Imposible!!!" City Playa del Carmen Size 2185.4 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Condo Fee $610 USD Request More Info
22 photos EMMA Y ELISSA BREATHTAKING VIEW APARTMENT 4 BED ROOM , Suite LOCK OFF, OCEAN VIEW, 5th. floor, Grand Coral (PAP2373032 / 512) "Ocean View Amazing Terrace" $894,294 USD "Better Imposible!!!" City Playa del Carmen Size 1739.15 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 4 Condo Fee $488 USD Request More Info
32 photos MEXICAN STYLE HOUSE -3 BEDROOMS-A FEW METERS FROM XCARET PARK, Xcaret (PHO2988917 ) $850,000 USD City Playa del Carmen Size 2099.74 sq. ft. Style Single Story Type Residential Built 15 Bedrooms 3 Bathrooms 5 Request More Info
18 photos EMMA Y ELISSA SHOCKING PENTHOUSE!!!, Suite 1 BED ROOM BEACH FRONT, Ocean View (PAP2375259 628) "Ocean view for a life time!" $822,550 USD "PRE-SALE PRICES, Don't Miss the Chance" City Playa del Carmen Size 1489.29 sq. ft. Style Single Story Type Condominium Bedrooms 1 Bathrooms 2 Condo Fee $415 USD Request More Info
18 photos BEACHFRONT INVESTMENT OPPORTUNITY -YOUR TIME IS NOW! 1st Avenue & 10th street, Suite 309, El Faro (PAP2537578 ) $775,000 USD "Beach front Hot Deal!" City Playa del Carmen Size 1819 sq. ft. Style 4-Level Split Type Condominium Built 2011 Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Condo Fee $711 USD Request More Info
18 photos BREATHTAKING VIEW APARTMENT IN EMMA Y ELISSA , Suite 2 BEDROOM OCEAN VIEW AND ALBATROS ST., Coco Beach "Ocean view for a life time!" $774,374 USD "BEST PRE-SALE PRICES EVER" City Playa del Carmen Size 1267.342 sq. ft. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Condo Fee $354 USD Request More Info
20 photos EMMA Y ELISSA AWESOME CONDO BEACH FRONT , Suite 2 BED ROOM, OCEAN VIEW, GARDEN, Avenida Cozumel (PAP2361888 116) "Optical Fiber Internet " $771,948 USD "Luxury and Smart Comfort" City Playa del Carmen Size 1688.9 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Condo Fee $471 USD Request More Info
22 photos EMMA Y ELISSA BREATHTAKING VIEW APARTMENT 3 BED ROOM OCEAN VIEW, Suite LOCK OFF, BEACH FRONT, Centro (PAP2372972 / 505) "Ocean View Amazing Balcony" $755,513 USD "Better Imposible !!!" City Playa del Carmen Size 1437.3 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 3 Condo Fee $400 USD Request More Info
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 FOR SALE building with 4 apartments of 3 BD on 10 Av and CTM, Playa del Carmen P3302, Zazil-ha (10 and CTM) $1,000,000 USD City Playa del Carmen Size 203 sq. m. Style 4-Level Split Lot Size 820 sq. m. Type Other Built 2018 Bedrooms 12 Bathrooms 12 Half Bathrooms 3 Request More Info
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Properties in Playa del Carmen between 750K - 1 Million