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 750K - 1 Million

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16 photos HOTEL BOUTIQUE 7 LLAVES, Suite TULUM, EXCELLENT LOCATION, Tulum (2458903) "Better Imposible!!!" $990,000 USD "Hotel Boutique Exclusive!!!" City Tulum Size 5306.61 sq. ft. Style Single Story Type Other Bedrooms 7 Bathrooms 7 Request More Info
9 photos Penthouse, BR4 BA5, Central Park Lagunas, Tulum, Suite 402, Tulum $1,000,000 USD City Tulum Size 2540 sq. ft. Style Single Story Type Residential Bedrooms 4 Bathrooms 5 Request More Info
11 photos 1.8 kilometro de Carretera Federal Tulum, Francisco Uh May $1,000,000 MXN City Tulum Style Lot / Land Lot Size 2721.64 sq. m. Type Lots and Land Taxes $556 MXN Request More Info
36 photos Hotel Boutique Casa Sofía for sale with Incomes Producing, Centro (CASASOFIA) "Hotel for Sale in Tulum Downtown" $990,000 USD "Hotel Casa Sofía " Size 3056.95 sq. ft. Style Single Story Type Other Bedrooms 11 Request More Info
16 photos (New Construction) NEW CONDO HOTEL FOR SALE IN TULUM, Tulum Centro "DIAMOND IN THE ROUGH" $990,000 USD "OPPORTUNITY" City Tulum Size 477 sq. m. Style Other Type Commercial Bedrooms 7 Bathrooms 7 Half Bathrooms 1 Request More Info
16 photos Raxa Tulum, Carretera Federal $990,000 USD City Tulum Size 477 sq. m. Style Single Story Type Condominium Built 2020 Bedrooms 7 Bathrooms 7 Request More Info
5 photos (New Construction) New Apartment Hotel Brand New Studios Delivered in 2 Months for sale Premium Location in Tulum, Tulum Centro (Tulum Quintana Roo México ) "Downtown location with rooftop pool and guest laundry " $980,000 USD "Builder priced all studios Apartment Hotel " City Tulum Style 3 Story Type Residential Built 2020 Bedrooms 9 Bathrooms 9 Request More Info
19 photos MODERN GREEN VIEW BUILDING, Tulum "EXCELLENT BUILDING WITH 9 SUITES, VERY PROFITABLE, THE BEST ONE IN THE AREA" $980,000 USD City Tulum Size 578.29 sq. m. Style 2 Storey Type Other Bedrooms 9 Bathrooms 9 Half Bathrooms 3 Request More Info
12 photos Commercial building in Tulum , Suite MLS-A033, Tulum (MLS-A033) $980,000 USD City Tulum, Centro Size 578 sq. m. Style Single Story Type Commercial Bedrooms 9 Bathrooms 9 Request More Info
12 photos (New Construction) Modern building with 9 studios in Downtown Tulum, Suite MLS-ACTU208, Tulum $980,000 USD City Tulum Size 578 sq. m. Style 3 Story Lot Size 250 sq. m. Type Multifamily Bedrooms 9 Bathrooms 10 Request More Info
5 photos Región 14, Supermanzana 003, Manzana 23, Lot 3 and 4, Aldea Zama $971,279 USD City Tulum Size 1962.18 sq. m. Style Single Story Type Lots and Land Request More Info
5 photos Region 14 Supermanzana 003, Tulum "LAND TO BUILD IN THE BEST AREA OF TULUM, ALDEA ZAMÁ" $971,279 USD City Tulum Style Lot / Land Lot Size 1962.18 sq. m. Type Lots and Land Request More Info
14 photos (New Construction) Magnificent 3 Bedrooms, 3 bathrooms Penthouse with Jacuzzi & Solarium at Amelia, Aldea Zama $970,500 USD City Tulum Size 2135.83 sq. ft. Style 2 Storey Type Residential Bedrooms 3 Bathrooms 3 Request More Info
13 photos (New Construction) Incredible PH, great terrace, 3bd, 3bth at Amelia, Aldea Zama $970,500 USD City Tulum Size 7004 sq. ft. Style 2 Story Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
12 photos (New Construction) Incredible penthouse in the middle of the jungle area Tulum P2830, Tulum $970,500 USD City Tulum Size 175 sq. m. Style Single Story Lot Size 651 sq. m. Type Condominium Bedrooms 3 Bathrooms 3 Request More Info
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Properties in Tulum between 750K - 1 Million