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 $500 - 750K

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22 photos Condominio Exclusivo en Art House Tulum, Suite 101, Aldea Zama $612,500 USD City Tulum Size 245 sq. m. Style 2 Story Lot Size 245 sq. m. Type Condominium Built 2014 Bedrooms 3 Bathrooms 3 Request More Info
9 photos House BR4 BA5, Casa 4, Bahia Principe Residences, Tulum, Tulum $750,000 USD City Tulum Size 12126 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 5 Request More Info
7 photos House BR4 BA3, Villa Luma, Tulum, Tulum $750,000 USD City Tulum Size 3550 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 3 Request More Info
16 photos Multi-family land in Premium Village, Tulum, for sale, Lot MLS-EL200, Aldea Zama (MLS-EL200) $743,400 USD City Tulum Size 1239 sq. m. Style Single Story Type Lots and Land Request More Info
14 photos Bloom Maya 4 Bedrooms, Tulum $734,853 USD City Tulum Size 255 sq. m. Style Single Story Type Condominium Bedrooms 4 Bathrooms 4 Half Bathrooms 1 Request More Info
19 photos High density residential tourist lot in Aldea Zama, Tulum - M-013, Lot MLS-ALTU200-4, Aldea Zama (MLS-ALTU200-4) $720,598 USD City Tulum Size 1225 sq. m. Style Single Story Type Lots and Land Request More Info
19 photos High density residential tourist lot in Aldea Zama M-27, Lot MLS-ALTU200-9, Aldea Zama (MLS-ALTU200-9) $716,913 USD City Tulum Size 1156 sq. m. Style Single Story Type Lots and Land Request More Info
7 photos Lot in Tulum, Lot MLS-A064, Tulum (MLS-A064) $709,333 USD City Aldea Zama Tulum Size 1502 sq. m. Style Single Story Type Lots and Land Request More Info
43 photos Villa, BR6 BA6, Casa Blanca, Tulum, Tulum $700,000 USD City Tulum Size 8468 sq. ft. Style Single Story Type Residential Bedrooms 6 Bathrooms 6 Request More Info
1 photos Villa BR3 BA5, Villa Chelem, La Privada, Tulum, Tulum $700,000 USD City Tulum Size 4399 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 5 Request More Info
9 photos (New Construction) Project inspired by luxurious living in the prestigious area of Aldea Zama , Aldea Zama $688,000 USD "Prices starting at" City Tulum Size 267 sq. m. Style Apartment Type Condominium Built 2021 Bedrooms 2 Bathrooms 2 Half Bathrooms 1 Request More Info
17 photos (New Construction) 3 Bedroom Villa For Sale in Tulum, Suite 2, Region 15 $682,500 USD City Tulum Size 272 sq. m. Style Apartment Type Condominium Built 2020 Bedrooms 3 Bathrooms 3 Half Bathrooms 1 Request More Info
7 photos Penthouse, BR3 BA2, Sundara, Tulum, Suite 304, Tulum $680,000 USD City Tulum Size 2951 sq. ft. Style Single Story Type Residential Bedrooms 3 Bathrooms 2 Request More Info
10 photos Sundara Tulum PH, Tulum $671,000 USD City Tulum Size 273 sq. m. Style Single Story Type Condominium Built 2018 Bedrooms 3 Bathrooms 2 Request More Info
39 photos Land for residential development for sale in Tulum, Tulum $670,000 USD City Tulum Size 2700 sq. m. Style Lot / Land Type Lots and Land Request More Info
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Properties in Tulum between $500 - 750K