
FAQ
Frequently asked questions.
Can a foreigner buy a home in Cancún, Playa del Carmen or Tulum?
Yes. All three cities are in the so-called restricted zone (within 50 km of the coast), so a foreigner buys a home to live in through a bank trust (fideicomiso) approved by Mexico's Foreign Affairs Ministry: the bank holds title and the buyer keeps every right to use, rent, sell and pass on the property. The trust lasts 50 years and can be renewed. A Mexican company with foreign partners may only hold property there directly for non-residential uses.
How much are closing costs?
As a guide, they usually total between 5% and 8% of the home price. They include the municipal property acquisition tax (ISAI), notary fees, the appraisal and public registry fees. If you buy through a bank trust, the trust setup is added on top. The notary gives you the exact figure before you sign.
Can I buy with a mortgage?
Yes. Mexican banks usually lend with a down payment of 10%–30% and terms of up to 20 years, and Infonavit or Fovissste can be used on qualifying properties. For foreign buyers, financing in Mexico is more limited; many buy in cash or with financing from their home country.
What is the process for buying a home with you?
First we talk on WhatsApp about what you are looking for and schedule viewings (in person or by video call). Once you choose a home, you sign an offer and a deposit agreement, then a promise-to-purchase contract. The notary checks the property papers, the balance is paid and the deed is signed. Then you get the keys.
Which area suits me best: Cancún, Playa del Carmen or Tulum?
It depends on how you want to live. Cancún has big-city services and the airport close by; Playa del Carmen is walkable, with Fifth Avenue and the beach on foot; Tulum is calmer, with architecture set in the jungle and its own airport. Tell us your plan (living here year-round, second home or investment) and we will suggest specific areas.
Can I view homes by video call?
Yes. We do live WhatsApp video tours for buyers who live outside the city or the country. You can ask us to show details such as water pressure, the view from each window or the street at different times of day.
What is the difference between move-in ready and pre-construction?
Move-in ready means the home is already built and can be deeded as soon as the process is complete. Pre-construction means buying before it is finished, usually at a lower price, with payments during construction and a delivery date set by the developer. With pre-construction it is worth checking permits, the contract and building progress.
Are prices in pesos or dollars?
On this site prices are listed in Mexican pesos (MXN), with the approximate US dollar (USD) equivalent next to them. The exchange rate changes every day, so the dollar figure is for reference only.
Can I rent the home out when I am not using it?
In many cases yes, but it depends on the condo or community rules and on local regulations. If that is your plan, we help you check whether vacation rentals are allowed at that property before you buy.
What do I pay every year after buying?
Property tax (predial, usually low in Quintana Roo compared with other countries), the condo or community maintenance fee if there is one, utilities (power, water, internet) and, if you bought through a bank trust, the bank's annual trust fee.
Question not listed?
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