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 walking distance to 5th Ave Playa del Carmen

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24 photos EMMA Y ELISSA AMAZING PENTHOUSE, BEACH FRONT , Suite ROOF GARDEN, PRIVATE POOL, OCEAN VIEW , downtown ocean view "Ocean view for a life time!" $1,675,682 USD "PRE-SALE PRICES, Don't Miss the Chance" Size 4314.82 sq. ft. Style Other Type Condominium Request More Info
17 photos EMMA Y ELISSA SPECTACULAR APARTMENT, Suite 3 BED ROOM 2 LOCK OFF OCEAN VIEW C. 44, 5th Avenue "Optical Fiber Internet" $1,067,858 USD "Better Impossible!!!" Size 2157.41 sq. ft. Style Single Story Type Residential Request More Info
22 photos EMMA Y ELISSA AWESOME APARTMENT 2 BED ROOM, Suite OCEAN VIEW C. Albatros , downtown ocean view "Smart Automated Unit" $793,552 USD "Better Imposible!!! " Size 1265.2 sq. ft. Style Single Story Type Residential Request More Info
22 photos EMMA Y ELISSA AMAZING APARTMENT OCEAN VIEW, Suite 3 BEDROOM, LOCK OFF, C. 44, 5th Avenue "Optical Fiber Internet" $732,842 USD "Better Imposible!!! " Size 1435 sq. ft. Style Single Story Type Residential Request More Info
23 photos EMMA Y ELISSA AMAZING APARTMENT BEACH FRONT, Suite 3 BEDROOM, 5th floor, C. 40, Central "Beach Front Development" $720,767 USD "The Smartest Investment in Playa del Carmen" Size 1375 sq. ft. Style Single Story Type Residential Request More Info
19 photos EMMA Y ELISSA CONDO HOTEL BEACH FRONT, GORGEOUS APARTMENT, Suite 3 BEDROOM, LOCK OFF, 5th Avenue "Ocean view for a life time!" $720,450 USD "Pre-sales Prices, Don't Miss the Chance" Size 1419.2 sq. ft. Style Single Story Type Residential Request More Info
22 photos EMMA Y ELISSA GORGEOUS CONDO-HOTEL BEACH FRONT, Suite 2 BEDROOM, OCEAN VIEW, Downtown Playa del Carmen "The most unique Condo-Hotel ever!!!" $697,793 USD "Pre-sales Prices, Don't Miss the Chance" Size 1267.34 sq. ft. Style Single Story Type Residential Request More Info
22 photos PRE SALE EMMA Y ELISSA AMAZING CONDO, Suite Street 44 North View and Ocean View, Downtown Beachfront "Diamond in the Rough" $624,507 USD "Ocean view for a life time!" Size 1439 sq. ft. Style Single Story Type Residential Request More Info
36 photos OCEANA 2 Bedroom Steps from the beach with private pool , Suite 132, Downtown Playa del Carmen "With private pool / Con Alberca Privada" $599,000 USD Size 1367.02 sq. ft. Style Single Story Type Residential Request More Info
11 photos (New Construction) LUXURY PENTHOUSE- 3 BED. WITH DOUBLE TERRACE AND ROOF GARDEN in PLAYACAR- PLAYA DEL CARMEN, Suite Dep. C306- PH, Downtown Playa del Carmen $580,019 USD Size 3285 sq. ft. Style Single Story Type Residential Request More Info
15 photos (New Construction) STUNNING PENTHOUSE IN PLAYA DEL CARMEN, ROOF TOP, GYM, POOL BAR+, Suite PH 503 / 510, Downtown Playa del Carmen $553,640 USD Size 1732.99 sq. ft. Style Single Story Type Residential Request More Info
19 photos EMMA Y ELISSA CONDO HOTEL BEACH FRONT, Suite 3 BEDROOM, GARDEN, C.40, Downtown Beachfront "Ocean view for a life time!" $551,340 USD "Luxury and Smar Comfort" Size 1532.4 sq. ft. Style Single Story Type Residential Request More Info
11 photos (New Construction) THE APT OF YOUR DREAMS IN PLAYA DEL CARMEN: 3 BR, GYM, INFINITY POOL+, Suite Unit 405, Downtown Playa del Carmen $456,815 USD Size 1367.02 sq. ft. Style Single Story Type Residential Request More Info
16 photos (New Construction) FABULOUS 2 BR APT IN PLAYA DEL CARMEN \| APT WITH ELEVATOR, GYM, INFINITE POOL+, Suite Units 401, 403, Downtown Playa del Carmen $348,024 USD Size 1001.04 sq. ft. Style Single Story Type Residential Request More Info
29 photos Opportunity Apartment 2 bedrooms Downtown Area- PLAYA DE CARMEN, Downtown Playa del Carmen $324,590 USD Size 1314.3 sq. ft. Style Single Story Type Condominium Request More Info
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