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 Puerto Morelos

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9 photos Calle Jose Maria Morelos M4 Lt502 SM2, Benito Juárez, Q.R., Vacacional Puerto Morelos $280,000,000 USD City Puerto Morelos Style Single Story Type Residential Request More Info
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61 photos RAR51 – Paradise Found! Beautiful Ocean Front Home with Separate Owner’s Apartment in Puerto Morelos, Ocean Front $2,200,000 USD City Puerto Morelos Size 6423 sq. ft. Style 2 Storey Type Residential Bedrooms 6 Bathrooms 7 Request More Info
41 photos RAR50 – Ocean Front Dream Home in the Heart of Puerto Morelos!, Ocean Front "Beach Front & Great Rental Business!" $1,950,000 USD City Puerto Morelos Size 5490 sq. ft. Style 3 Story Type Residential Bedrooms 5 Bathrooms 5 Half Bathrooms 1 Request More Info
29 photos Astonishing villa for sale in Punta Caracol, Puerto Morelos!, Punta Caracol $1,900,000 USD City Puerto Morelos Size 816 sq. m. Style 2 Storey Lot Size 1188 sq. m. Type Residential Built 2016 Bedrooms 5 Bathrooms 5 Half Bathrooms 3 Request More Info
1 photos Puerto Morelos, Ruta de los Cenotes Km.16, Puerto Morelos $1,700,000 MXN City Puerto Morelos Style Lot / Land Lot Size 10000 sq. m. Type Residential Request More Info
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21 photos (New Construction) Puerto Morelos , Suite STUNNING VILLA WITH HUGE LAND, Carretera Cancun-Tulum $1,500,000 USD City Puerto Morelos Style 3 Story Type Residential Request More Info
14 photos Puerto Morelos, Suite 45, Beach front $1,500,000 USD City Puerto Morelos Style 3 Story Type Residential Request More Info
15 photos 3 BR Villa for sale, Suite in the beach puerto morelos, Ocean Front $1,500,000 USD "Great Views" City Puerto Morelos Style Single Story Type Residential Request More Info
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