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

Near 5th Ave. Playa del Carmen Real Estate by Playa Realtors

Properties walking distance to 5th Ave Playa del Carmen

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16 photos (New Construction) MAGNIFICENT INVESTMENT OPPORTUNITY \| 2 BEDROOM APARTMENT \| IN PLAYA DEL CARMEN, Downtown Playa del Carmen $4,467,746 MXN Size 862.08 sq. ft. Style Apartment Type Condominium Request More Info
30 photos OCEANA STUNNING 2 BR APARTMENT IN THE BEST LOCATION IN PLAYA DEL CARMEN, Suite 435, Downtown Playa del Carmen $930,000 USD Size 85 sq. m. Style Single Story Type Residential Request More Info
15 photos (New Construction) SAFE AND LUXURIOUS PENTHOUSE \| DOWNTOWN AREA \| PLAYA DEL CARMEN, Downtown Playa del Carmen $736,735 USD Size 2163.55 sq. ft. Style Apartment Type Condominium Request More Info
8 photos (New Construction) SPECTACULAR APARTMENT WITH OCEAN VIEW \| 2 BR \| THE BEST AREA OF PLAYA DEL CARMEN, Downtown Playa del Carmen $524,745 USD Size 1259.38 sq. ft. Style Apartment Type Condominium Request More Info
93 photos Aldea Thai Magnificent 2 Bedroom with private pool, Suite 107, Downtown "WITH PRIVATE POOL & TERRACE/ RENOVATED/ FURNISHED & EQUIPPED" $496,000 USD "Amazing Price on this beautiful Condo." Size 2616 sq. ft. Style Apartment Type Condominium Request More Info
18 photos (New Construction) Exclusive Apartment 2 Bedrooms \| Zona Alto Valor \| Playa del Carmen, Downtown Playa del Carmen $495,900 USD Size 3090.31 sq. ft. Style Apartment Type Condominium Request More Info
14 photos (New Construction) BEAUTIFUL AND SPACIOUS APARTMENT 3 BEDROOMS \| DOWNTOWN AREA \| PLAYA DEL CARMEN, Downtown Playa del Carmen $493,578 USD Size 1227.09 sq. ft. Style Apartment Type Condominium Request More Info
17 photos Magic Paradise 3 Bedroom PH with Private Pool In Playa Del Carmen, Downtown Playa del Carmen $445,000 USD Size 2246.64 sq. ft. Style Apartment Type Condominium Request More Info
19 photos (New Construction) SPECTACULAR APARTMENT 2BR\| PRIVATE TERRACE \| THE BEST AREA OF PLAYA DEL CARMEN, Downtown Playa del Carmen $428,727 USD Size 1103.3 sq. ft. Style Apartment Type Condominium Request More Info
20 photos (New Construction) INVEST IN THIS INCREDIBLE 2BR APARTMENT \| EXCLUSIVE AMENITIES \| PLAYA DEL CARMEN AREA, Downtown Playa del Carmen $412,548 USD Size 1103.3 sq. ft. Style Apartment Type Condominium Request More Info
21 photos (New Construction) INVEST IN THIS INCREDIBLE APARTMENT 2BR\| PRIVATE TERRACE \| THE BEST AREA OF PLAYA DEL CARMEN, Downtown Playa del Carmen $399,921 USD Size 1090.92 sq. ft. Style Apartment Type Condominium Request More Info
48 photos , Downtown Playa del Carmen $385,000 USD Size 142 sq. ft. Style Single Story Type Residential Request More Info
14 photos (New Construction) THE BEST OPTION TO INVEST \| 2 BEDROOM APARTMENT \| LUXURY PROPERTIES \| PLAYA DEL CARMEN, Downtown Playa del Carmen $374,631 USD Size 1130.21 sq. ft. Style Apartment Type Condominium Request More Info
15 photos (New Construction) INVESTMENT OPPORTUNITY \| APARTMENT 2BR\| PRIVATE TERRACE \| PLAYA DEL CARMEN AREA, Downtown Playa del Carmen $367,564 USD Size 928.38 sq. ft. Style Apartment Type Condominium Request More Info
20 photos (New Construction) BEAUTIFUL AND COMFORTABLE APARTMENT 2BR \| BALCONY \| UNIQUE AMENITIES \| PLAYA DEL CARMEN, Downtown Playa del Carmen $345,334 USD Size 870.15 sq. ft. Style Apartment Type Condominium Request More Info
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Properties walking distance to 5th Ave Playa del Carmen

MAGNIFICENT INVESTMENT OPPORTUNITY | 2 BEDROOM APARTMENT | IN PLAYA DEL CARMEN, Downtown Playa del Carmen

OCEANA STUNNING 2 BR APARTMENT IN THE BEST LOCATION IN PLAYA DEL CARMEN, Suite 435, Downtown Playa del Carmen

SAFE AND LUXURIOUS PENTHOUSE | DOWNTOWN AREA | PLAYA DEL CARMEN, Downtown Playa del Carmen

SPECTACULAR APARTMENT WITH OCEAN VIEW | 2 BR | THE BEST AREA OF PLAYA DEL CARMEN, Downtown Playa del Carmen

Aldea Thai Magnificent 2 Bedroom with private pool, Suite 107, Downtown

Exclusive Apartment 2 Bedrooms | Zona Alto Valor | Playa del Carmen, Downtown Playa del Carmen

BEAUTIFUL AND SPACIOUS APARTMENT 3 BEDROOMS | DOWNTOWN AREA | PLAYA DEL CARMEN, Downtown Playa del Carmen

Magic Paradise 3 Bedroom PH with Private Pool In Playa Del Carmen, Downtown Playa del Carmen

SPECTACULAR APARTMENT 2BR| PRIVATE TERRACE | THE BEST AREA OF PLAYA DEL CARMEN, Downtown Playa del Carmen

INVEST IN THIS INCREDIBLE 2BR APARTMENT | EXCLUSIVE AMENITIES | PLAYA DEL CARMEN AREA, Downtown Playa del Carmen

INVEST IN THIS INCREDIBLE APARTMENT 2BR| PRIVATE TERRACE | THE BEST AREA OF PLAYA DEL CARMEN, Downtown Playa del Carmen

, Downtown Playa del Carmen

THE BEST OPTION TO INVEST | 2 BEDROOM APARTMENT | LUXURY PROPERTIES | PLAYA DEL CARMEN, Downtown Playa del Carmen

INVESTMENT OPPORTUNITY | APARTMENT 2BR| PRIVATE TERRACE | PLAYA DEL CARMEN AREA, Downtown Playa del Carmen

BEAUTIFUL AND COMFORTABLE APARTMENT 2BR | BALCONY | UNIQUE AMENITIES | PLAYA DEL CARMEN, Downtown Playa del Carmen