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 under $250K

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14 photos Puerta Zama, Suite A101, Aldea Zama $215,000 USD City Tulum Size 146 sq. m. Style 3-Level Split Lot Size 146 sq. m. Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
12 photos Tulum Aldea Zama, Aldea Zama $99,000 USD City Tulum Size 38 sq. ft. Style Single Story Type Residential Bedrooms 1 Bathrooms 1 Request More Info
9 photos (New Construction) BEAUTIFUL SWIMUP GARDEN APARTMENT, Suite GDBRV278, Zama Village $250,000 USD City Tulum Size 176 sq. ft. Style Single Story Type Residential Built 2019 Bedrooms 2 Bathrooms 2 Request More Info
12 photos House BR2 BA3, Sabella, Tulum, holistika $250,000 USD City Tulum Size 1615 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 3 Request More Info
5 photos (New Construction) ENJOY THE VIEW- APARTAMENT FOR SALE IN TULUM, Tulum $250,000 USD City Tulum Size 85 sq. m. Style Apartment Type Residential Bedrooms 2 Bathrooms 2 Request More Info
5 photos Lot 4304 Sqf. Yaxcaba, Tulum, Tulum $250,000 USD City Tulum Size 4304 sq. ft. Style Single Story Type Lots and Land Request More Info
6 photos Lot 4304 sqf. Yaax Luum, Francisco Uh May, Tulum, Tulum $250,000 USD City Tulum Size 4304 sq. ft. Style Single Story Type Lots and Land Request More Info
10 photos (New Construction) TULUM'S MOST EXCLUSIVE LOCATION. CONDO FOR SALE, Aldea Zama $250,000 USD City Tulum Size 97 sq. m. Style Apartment Type Residential Bedrooms 1 Bathrooms 2 Taxes $500 USD Request More Info
25 photos Apartment BR2 BA2, Anah Hunab, Tulum, Suite 219, Tulum $250,000 USD City Tulum Size 1210 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
6 photos Apartment, BR2 BA2, Taanah, Tulum, Suite 1, Tulum $250,000 USD City Tulum Size 1237 sq. ft. Style Single Story Type Residential Bedrooms 2 Bathrooms 2 Request More Info
14 photos Studio, L1 BA1, Brokers Copal, Tulum, Suite 134, Tulum $250,000 USD City Tulum Size 1151 sq. ft. Style Single Story Type Residential Bathrooms 1 Request More Info
9 photos Región 8 Lote 3, Tulum $250,000 USD City Tulum Style Single Story Lot Size 2500 sq. m. Type Lots and Land Taxes $3750 MXN Request More Info
3 photos Lot 10760sqf. Brisas del Mar, Region 15, Tulum, Tulum $250,000 USD City Tulum Size 10760 sq. ft. Style Single Story Type Lots and Land Request More Info
14 photos Solemn 2 bed + Garden, Tulum $249,950 USD City Tulum Size 91 sq. m. Style Single Story Type Condominium Bedrooms 2 Bathrooms 2 Request More Info
8 photos (New Construction) 2Bdr. - Garden Pool - Lock Off - SOLEMN Tulum, Suite 102, Tulum " 2 Bedroom garden unit whit private pool & Lock-Off" $249,950 USD "10% ROI Garantee first year" City Tulum Size 1415.13 sq. ft. Style 4-Level Split Type Residential Built 2020 Bedrooms 2 Bathrooms 2 Request More Info
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Properties in Tulum under $250K