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New residential lots for sale in Playacar Phase 2 If you…
213.17 – 1,021.18 sq. mt. $231,000USDBuild your dream home in paradise! If you’ve been thin…
703 sq. mt. $230,000USDNew condos for sale near the beach and 5th Avenue Paravian …
1Beds 1Baths $229,696USDNew condos for sale near the beach and 5th Avenue Corazo…
2Beds 1Baths $226,625USDNew condos for sale near the beach and 5th Avenue Sensai…
1Beds 1Baths $225,994USDPenthouse for sale near the beach and 5th Avenue This 2-…
2Beds 2.5Baths $224,900USDNew condos for sale in a prime downtown location You jus…
1Beds 1Baths $222,800USDFurnished studio for sale near the beach and 5th Avenue …
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1Beds 1Baths $220,800USDNew condos for sale in an exclusive gated community Loma…
3Beds 3.5Baths $220,349USDNew condos for sale near the beach and 5th Avenue Zoi Me…
1Beds 1Baths $220,000USDUpdated condo for sale near the beach and 5th Avenue You…
2Beds 2.5Baths $219,500USDNew condos for sale in the Mamita’s Beach area Duna is…
1Beds 1Baths $217,700USDNew condos for sale close to the beach 45 Av Apartments …
2Beds 2Baths $215,900USDLuxury Condos for Sale near 5th Avenue and the Beach These …
1Beds 1Baths $215,000USDCondo for sale near 5th Avenue and the beach This luxury…
1Beds 1Baths $215,000USDLu’xia complex in the Ejido neighborhood of Playa del Carm…
3Beds 2Baths $214,722USDNew Luxury Condos Near the Beach and 5th Avenue Idilik …
1Beds 1Baths $214,075USDSun-filled studio for sale near the beach and 5th Avenue …
1Beds 1Baths $212,500USDNew condos with luxury amenities Xelest is an exciting n…
3Beds 2Baths $212,121USDNew condos for sale in an exclusive gated community Tres…
3Beds 2Baths $211,000USDNew condos for sale near the beach and 5th Avenue You ju…
1Beds 1Baths $210,733USDNew condos for sale near the beach and 5th Avenue Kopok …
1Beds 1Baths $209,700USDLa Residencia – The Newest Condo-Hotel Option In Playa del…
1Beds 1Baths $209,616USDNew condos for sale near the beach and 5th Avenue You ju…
1Beds 1Baths $205,463USDNew condos for sale near the beach and 5th Avenue Ki Res…
1Beds 1Baths $205,000USDNew Coco Beach condos for sale Alizee Tower is an exciti…
1Beds 1Baths $205,000USDNew turnkey condos for sale in the Coco Beach area Solar…
1Beds 1Baths $201,748USDNew turnkey condos for sale near the beach Elysium is …
1Beds 1Baths $201,250USDCondo for sale near the beach and 5th Avenue You just ca…
1Beds 1Baths $199,500USDNew condos for sale two blocks from the beach Distrito P…
1Beds 1Baths $199,000USDNew condos for sale in the heart of Playa del Carmen Stu…
1Beds 1Baths $197,058USD“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).