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 Tulum Over 1 Million

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6 photos LAND IN TULUM, Beach Tulum $9,402,000 USD City Tulum Size 3000 sq. m. Style Single Story Type Residential Request More Info
15 photos HOTELER LAND FOR SALE IN TULUM INVESTMENT OPPORTUNITY, Tulum $74,000,000 USD City Tulum Size 3220000 sq. ft. Style Single Story Type Lots and Land Request More Info
4 photos Tulum Region 15 Manzana 192 y 209 - 10,000 m2. H2, Region 15 $14,000,000 MXN City Tulum Style Single Story Type Residential Request More Info
2 photos Carettera Tulum Coba Km 4.5, Carretera Tulum Coba "3 cenotes on the land" $10,860,000 USD "Big land with title on the Tulium Coba Highway" City Tulum Size 543000 sq. m. Style Single Story Type Residential Request More Info
10 photos SALE LAND WITH CAVERN ON THE TULUM ROAD SHORE, Tulum $10,000,000 MXN City Tulum Style Lot / Land Type Residential Request More Info
6 photos Commercial Land for sale in Tulum, near to Laguna Kanlum, Tulum $9,000,000 MXN City Tulum Size 40000 sq. m. Style Lot / Land Type Residential Request More Info
3 photos Land for sale in Tulum, Quintana Roo, Tulum $8,500,000 MXN City Tulum Size 8683 sq. m. Style Lot / Land Type Residential Request More Info
8 photos Opportunity! lot for investment in Tulum Beach., Lot MLS-ALTU211, Tulum (MLS-ALTU211) $8,400,000 USD City Tulum Size 7000 sq. m. Style Single Story Type Lots and Land Request More Info
18 photos Great investment opportunity: Lot at the entrance of Aldea Zama., Suite MLS-A065, Aldea Zama (MLS-A065) $7,914,908 USD City Tulum Size 111554 sq. m. Style Single Story Type Residential Request More Info
18 photos Mega lot on the Coba road and next to the entrance of Aldea Zama in Tulum., Suite MLS-A065-2, Aldea Zama (MLS-A065-2) $6,090,000 USD City Tulum Size 10500 sq. m. Style Single Story Type Residential Request More Info
17 photos House for sale located in Tulum, Tulum $6,000,000 MXN City Tulum Size 137 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
2 photos Commercial lot on tulum/Coba KM 6.5, Carretera Tulum Coba "terreno en venta en KM 6.5 de carettera Tulum/Coba " $5,782,260 USD "Land the Tulum/Coba at KM 6.5 " City Tulum Size 385484 sq. m. Style Lot / Land Lot Size 38.5 hectares Type Lots and Land Taxes $25000 MXN Request More Info
5 photos Land for sale use of mixed Sale in Tulum Qroo, Tulum $5,500,000 MXN City Tulum Style Lot / Land Type Residential Request More Info
1 photos Carettera Tulum/Coba KM 6.5, Carretera Tulum Coba "490 meters of commercial frontage" $5,400,000 USD "Great lot five minutes from downtown Tulum" City Tulum Style Single Story Lot Size 385484 sq. m. Type Lots and Land Taxes $25000 MXN Request More Info
10 photos Beautiful House Casa Amparo, Tulum, Tulum $4,300,000 USD City Tulum Size 19368 sq. ft. Style Single Story Type Residential Request More Info
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Properties in Tulum Over 1 Million