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

Walking Distance to to 5th Ave Playa del Carmen

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23 photos EMMA Y ELISSA AMAZING PENTHOUSE, BEACH FRONT , Suite ROOF GARDEN, PRIVATE POOL, OCEAN VIEW , downtown ocean view (PAP2093270 626) "Ocean view for a life time!" $1,479,173 USD "PRE-SALE PRICES, Don't Miss the Chance" Size 4314.82 sq. ft. Style Other Type Condominium Request More Info
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22 photos EMMA Y ELISSA AMAZING APARTMENT OCEAN VIEW, Suite 3 BED ROOM, LOCK OFF, C. 44, 5th Avenue (PAP2372900 / 424) "Optical Fiber Internet" $666,917 USD "Better Imposible!!! " Size 1435 sq. ft. Style Single Story Type Residential Request More Info
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22 photos EMMA Y ELISSA GORGEOUS CONDO-HOTEL BEACH FRONT, Suite 2 BED ROOM, OCEAN VIEW, Downtown Playa del Carmen "The most unique Condo-Hotel ever!!!" $651,691 USD "Pre-sales Prices, Don't Miss the Chance" Size 1267.34 sq. ft. Style Single Story Type Residential Request More Info
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21 photos EMMA Y ELISSA SHOCKING APARTMENT OCEAN VIEW, Suite 3 BED ROOM, LOCK OFF, Downtown (PAP2372702 315) "The most unique Condo-Hotel ever!!!" $542,481 USD "Pre- sales Prices, Don't Miss the Chance" Size 1139.4 sq. ft. Style Single Story Type Residential Request More Info
18 photos EMMA Y ELISSA BREATHTAKING VIEW APARTMENT 1 BED ROOM OCEAN VIEW, Suite BEACH FRONT, Downtown Beachfront (PAP2372983 / 507) "Ocean View Amazing Terrace" $510,548 USD "Better Imposible!!!" Size 744.64 sq. ft. Style Single Story Type Residential Request More Info
19 photos EMMA Y ELISSA CONDO HOTEL BEACH FRONT, Suite 3 BED ROOM, GARDEN, C.40, Downtown Beachfront (PAP2361494 102) "Ocean view for a life time!" $484,441 USD "Luxury and Smar Comfort" Size 1532.4 sq. ft. Style Single Story Type Residential Request More Info
10 photos Haab D304, Playa del Carmen, Downtown $325,000 USD Style Single Story Type Residential Request More Info
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Walking Distance to to 5th Ave Playa del Carmen