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New condos for sale near the beach and 5th Avenue Sensai…
2Beds 2Baths $341,389USDNew condos for sale by the beach and 5th Avenue Menesse…
1Beds 1Baths $339,394USDNew luxury condos with resort-style amenities This new 1…
2Beds 2Baths $335,000USDFurnished Detached Home in quiet gated community This sun…
166 M2 3Beds 3Baths $328,000USDNew condos for sale near the beach and 5th Avenue Xiol i…
2Beds 2Baths $322,884USDPenthouse condo with rooftop jacuzzi terrace This pentho…
2Beds 2Baths $320,000USDNew condos with resort-style amenities Valle Aurora is a…
3Beds 3Baths $320,000USDNew condos for sale near the beach and 5th Avenue Xiol i…
1Beds 1Baths $317,643USDCoco Beach condo with rooftop amenities This condo featu…
1Beds 1Baths $316,000USDFurnished condo for sale near the beach and 5th Avenue T…
1Beds 2Baths $310,000USDFabulous penthouse for sale near 5th Avenue and the beach T…
1Beds 2Baths $310,000USDNew condos for sale near the beach and 5th Avenue Luna i…
2Beds 2Baths $309,000USDNew condos for sale near the beach and 5th Avenue You ju…
1Beds 1Baths $303,150USDNew condos for sale steps to the beach Ixuh is an exciti…
1Beds 1Baths $302,424USDNew condos for sale in Playa del Carmen Kolmena is a new…
2Beds 2.5Baths $297,921USDªªPLEASE NOTE THAT THE PRICE OF THIS PROPERTY IS AN ESTIMA…
2Beds 1Baths $296,125USDCondo for sale near the beach and 5th Avenue This condo …
2Beds 2Baths $295,000USDCondo for sale near the beach and 5th Avenue This beauti…
2Beds 2Baths $288,000USDNew condos for sale in the Mamita’s Beach area Altra …
1Beds 1Baths $286,853USDNew condos for sale near the beach and 5th Avenue Corazo…
2Beds 2Baths $284,118USDLa Residencia – The Newest Condo-Hotel Option In Playa del…
2Beds 2Baths $283,920USDNew condos for sale near the beach and 5th Avenue Sensai…
1Beds 1Baths $282,004USDBeautiful condo for sale near the beach and 5th Avenue T…
2Beds 2Baths $280,000USDNew Playacar condos with resort-style amenities Casa de …
1Beds 1Baths $277,357USDGorgeous penthouse with private rooftop You just can…
2Beds 2Baths $275,000USDNew condos for sale near the beach and 5th Avenue Kabax …
1Beds 2Baths $272,727USDBeautiful penthouse with rooftop Jacuzzi terrace This…
790.32 sq. mt. 3Beds 3Baths $272,500USDNew condos for sale close to the beach 45 Av Apartments …
2Beds 2Baths $269,696USDGarden level condo for sale close to the beach This beau…
1Beds 1Baths $269,000USDSuperb beachfront condo for sale in Playa del Carmen Thi…
1Beds 2Baths $269,000USDNew condos for sale near the beach and 5th Avenue Olaya …
1Beds 1Baths $266,190USDLa Residencia – The Newest Condo-Hotel Option In Playa del…
1Beds 1Baths $265,000USD“Playa del Carmen (Spanish pronunciation: ['plaʝa ðel 'karmen]) is a city located along the Caribbean Sea in the state of Quintana Roo in Mexico. It is a popular tourist area in eastern Mexico. Playa del Carmen boasts a wide array of tourist activities due to its geographical location in the Riviera Maya. It has also been the destination of PGA Tour golf tournaments and the set location for various television shows.” – Wikipedia
Yes! 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 (Trust Law).
A Fideicomiso is established by the government and gives foreigners the same rights of ownership as Mexican citizens. The only difference is that they never receive the actual fee simple title. A bank holds it in trust for them. The Trust system of ownership is sanctioned by the Mexican government, provided for under the Mexican Constitution, and secured by the Central Bank of Mexico, all exclusively for the purpose and protection of enabling foreign ownership of coastal property in Mexico.
Alternatively, you may own property by establishing a Mexican corporation. The corporation is the direct owner of the property and enjoys the right to conduct business in Mexico. (Consult your agent and attorney to find out which form is best in your case).