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 Under $250K

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6 photos Polo 88, Suite PH, Coco Bay $250,000 USD City Playa del Carmen Size 105 sq. m. Style 3-Level Split Lot Size 105 sq. m. Type Condominium Built 2015 Bedrooms 2 Bathrooms 2 Listing Created 14-Dec-2020 Request More Info
33 photos BEAUTIFUL PENTHOUSE COMPLETED RENOVATED\|2 BED.\| Playa del Carmen\| Quintana Roo, Playa del Carmen (PAP3141741) "Third Bedroom could be added - we have floor plans and permission" $249,500 USD "JUST LISTED- NEW IN THE MARKET" City Playa del Carmen Size 426.5 sq. ft. Style 2 Story Type Residential Built 2012 Bedrooms 2 Bathrooms 2 Taxes $350 USD Condo Fee $170 USD Listing Created 10-Feb-2021 Request More Info
13 photos (New Construction) EXCELLENT LOCATION AND LARGE SPACES in 1BED APARTMENT. in PLAYACAR PHASE 1, Playacar Phase 1 (PAP3463944) $208,900 USD City Playa del Carmen Size 828 sq. ft. Style Single Story Type Residential Built 2020 Bedrooms 1 Bathrooms 1 Half Bathrooms 1 Listing Created 22-Jan-2021 Request More Info
10 photos LAND\|BEAUTIFUL RESIDENTIAL\|Playa Paraíso\| Quintana Roo, Playa Paraiso (PHO3142058) $199,000 USD City Playa del Carmen Size 4305.56 sq. ft. Style Single Story Type Residential Listing Created 22-Jan-2021 Request More Info
13 photos (New Construction) MODERN AND LUXURY-APARTMENT- 1BED.- PLAYA DEL CARMEN- QUINTANA ROO, Centro (PAP3207889) $185,250 USD City Playa del Carmen Size 657 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 22-Jan-2021 Request More Info
6 photos Mar Condominio, Playa del Carmen, Selvamar $165,000 USD City Playa del Carmen Size 146 sq. m. Style Single Story Type Residential Built 2014 Bedrooms 2 Bathrooms 2 Condo Fee $1,800 USD Listing Created 14-Dec-2020 Request More Info
13 photos (New Construction) APARTMENT-BEAUTIFUL OCEAN VIEW- DOWNTOWN -PLAYA DEL CARMEN -QUINTANA ROO, Centro (PAP3208504) $155,800 USD City Playa del Carmen Size 437.98 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 22-Jan-2021 Request More Info
11 photos (New Construction) LUXURY APARTMENT-1BED.-SEA FRONT- PLAYA DEL CARMEN CENTER- QUINTANA ROO, Centro (PAP3208446) $150,100 USD City Playa del Carmen Size 414.19 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 22-Jan-2021 Request More Info
10 photos (New Construction) BEAUTIFUL APARTMENT-SEA FRONT- PLAYA DEL CARMEN-QUINTANA ROO, Centro (PAP3208317 ) $147,250 USD City Playa del Carmen Size 430.55 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 22-Jan-2021 Request More Info
5 photos (New Construction) MODERN APARTMENT- SEA FRONT- 1BED.-PLAYA DEL CARMEN- QUINTANA ROO, Centro (PAP3208407 ) $147,250 USD City Playa del Carmen Size 414.19 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 22-Jan-2021 Request More Info
7 photos (New Construction) LUXURY APARTMENT-SEA FRONT-PLAYA DEL CARMEN-QUINTANA ROO, Centro (PAP3208369) $145,350 USD City Playa del Carmen Size 414.19 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 22-Jan-2021 Request More Info
8 photos (New Construction) BEAUTIFUL AND MODERN-APARTMENT- 1REC.- PLAYA DEL CARMEN- QUINTANA ROO, Playa del Carmen (PAP3208189) $144,400 USD City Playa del Carmen Size 441.32 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 22-Jan-2021 Request More Info
9 photos (New Construction) EXCELLENT APARTMENT- KAAB SOUTH BEACH -1 BEDROOM- DOWNTOWN- A FEW BLOCKS FROM THE BEACH!, Playa del Carmen (PAP2843354--209) $136,000 USD City Playa del Carmen Size 484.376 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 14-Dec-2020 Request More Info
13 photos MODERN SEA VIEW STUDIO- PLAYA DEL CARMEN, Q.ROO, Playa del Carmen (PAP3472142) $109,929 USD City Playa del Carmen Size 583.31 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 23-Jan-2021 Request More Info
13 photos (New Construction) Your opportunity to Invest - MODERN SEA VIEW STUDIO- PLAYA DEL CARMEN, Quintana ROO, Playa del Carmen (PAP3472340) $101,809 USD City Playa del Carmen Size 476.97 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Listing Created 20-Feb-2021 Request More Info
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Properties in Playa del Carmen Under $250K

Polo 88, Suite PH, Coco Bay

BEAUTIFUL PENTHOUSE COMPLETED RENOVATED|2 BED.| Playa del Carmen| Quintana Roo, Playa del Carmen (PAP3141741)

EXCELLENT LOCATION AND LARGE SPACES in 1BED APARTMENT. in PLAYACAR PHASE 1, Playacar Phase 1 (PAP3463944)

LAND|BEAUTIFUL RESIDENTIAL|Playa Paraíso| Quintana Roo, Playa Paraiso (PHO3142058)

MODERN AND LUXURY-APARTMENT- 1BED.- PLAYA DEL CARMEN- QUINTANA ROO, Centro (PAP3207889)

Mar Condominio, Playa del Carmen, Selvamar

APARTMENT-BEAUTIFUL OCEAN VIEW- DOWNTOWN -PLAYA DEL CARMEN -QUINTANA ROO, Centro (PAP3208504)

LUXURY APARTMENT-1BED.-SEA FRONT- PLAYA DEL CARMEN CENTER- QUINTANA ROO, Centro (PAP3208446)

BEAUTIFUL APARTMENT-SEA FRONT- PLAYA DEL CARMEN-QUINTANA ROO, Centro (PAP3208317 )

MODERN APARTMENT- SEA FRONT- 1BED.-PLAYA DEL CARMEN- QUINTANA ROO, Centro (PAP3208407 )

LUXURY APARTMENT-SEA FRONT-PLAYA DEL CARMEN-QUINTANA ROO, Centro (PAP3208369)

BEAUTIFUL AND MODERN-APARTMENT- 1REC.- PLAYA DEL CARMEN- QUINTANA ROO, Playa del Carmen (PAP3208189)

EXCELLENT APARTMENT- KAAB SOUTH BEACH -1 BEDROOM- DOWNTOWN- A FEW BLOCKS FROM THE BEACH!, Playa del Carmen (PAP2843354--209)

MODERN SEA VIEW STUDIO- PLAYA DEL CARMEN, Q.ROO, Playa del Carmen (PAP3472142)

Your opportunity to Invest - MODERN SEA VIEW STUDIO- PLAYA DEL CARMEN, Quintana ROO, Playa del Carmen (PAP3472340)

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Properties in Playa del Carmen Under $250K