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 between $250 - 500K

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22 photos Arthouse Tulum, Suite 104, Aldea Zama $482,500 USD City Tulum Size 193 sq. m. Style 2 Story Split Lot Size 193 sq. m. Type Condominium Built 2014 Bedrooms 2 Bathrooms 2 Request More Info
23 photos Penthouse Tulum Aldea Zama 306, Suite 306, Aldea Zama (Tulum) $389,000 USD City Tulum Size 2034.38 sq. ft. Style Single Story Type Residential Built 2019 Bedrooms 2 Bathrooms 2 Request More Info
13 photos Zama Gardens 3 Bedroom Condo, Suite 305, Zama Village $309,000 USD City Tulum Size 224 sq. m. Style 3-Level Split Lot Size 224 sq. m. Type Condominium Built 2015 Bedrooms 3 Bathrooms 3 Request More Info
68 photos TULUM AV KUKULCAN, Veleta $298,320 USD City Tulum Size 125 sq. m. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
33 photos Aldea Zama Tulum 108, Suite 108, Aldea Zama $255,000 USD City Tulum Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Request More Info
9 photos (New Construction) 2 Bedroom Penthouse with Terrace, Rooftop and Pool at The Panoramic, Tulum $500,000 USD City Tulum Size 152.6 sq. m. Style Apartment Type Residential Bedrooms 2 Request More Info
13 photos Penthouse with fusion of old and modern styles, Tulum P2692, Suite NJK, Aldea Zama (Tulum) $500,000 USD City Tulum Size 230 sq. m. Style Apartment Type Condominium Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
9 photos Penthouse, BR2 BA3, The Panoramic, Tulum, Tulum $500,000 USD City Tulum Size 1636 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 3 Request More Info
7 photos (New Construction) Beautiful penthouse for sale in La Veleta , La Veleta $500,000 USD City Tulum Size 152 sq. m. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
9 photos Tulum Hotel Area Land on Sale, Beach Tulum "Playa de Tulum" $500,000 USD "Tulum Beach Property" City Tulum Size 40 sq. m. Style 2 Storey Lot Size 4800 sq. m. Type Commercial Built 2009 Bedrooms 2 Bathrooms 2 Request More Info
14 photos LUXURY 2 BED CONDO IN ALDEA ZAMA, Suite 216, Tulum (Tulum) $500,000 USD City Tulum Size 237 sq. m. Style Apartment Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
21 photos Panoramic 2 bed PH, Tulum $500,000 USD "$139,000 - $167,000" City Tulum Style Single Story Type Condominium Built 2017 Bedrooms 2 Bathrooms 2 Request More Info
8 photos (New Construction) PENTHOUSE IN ALDEA ZAMA, PERFECT FOR NATURE LOVERS, Suite 309, Aldea Zama (Tulum) "Delivery date: March 2020" $500,000 USD "Equipped!" City Tulum Size 287.64 sq. ft. Style Apartment Type Condominium Built 2020 Bedrooms 3 Bathrooms 3 Request More Info
5 photos 5000 m2 Lot for Sale in Region 8, Region 8 "The Area is Booming!" $500,000 USD "Near the beach." City Tulum Size 5000 sq. m. Style Lot / Land Type Lots and Land Request More Info
17 photos (New Construction) EXCLUSIVE PENTHOUSE WITH PRIVATE POOL IN TULUM, Centro $500,000 USD City Tulum Style Single Story Type Residential Request More Info
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Properties in Tulum between $250 - 500K