Mexico is a hot market due to low prices, great climate and relatively good standard of living for expats. But what should you expect before becoming a property owner? It is difficult to buy real estate in this Country? Let us guide you in the process.
Step 1. Reserving the property
After choosing the property, you make a written offer to a seller with the help of your broker and pay a deposit of 5-10% of the property value.
You can make a deposit in cash, by bank transfer or by cheque. It serves as a guarantee of the transaction. Your real estate agency keep it until the signing of the ownership document (escritura).
If the seller refuses to conduct the transaction for some reason, the deposit is returned to the buyer in full. If the transaction did not occur due to the buyer's fault, the seller keeps the deposit.
The offer does not require notarization, but can be signed, scanned and sent to both parties by email. The offer specifies the terms of the transaction: the cost of the property, the form and terms of payment, the amount and form of payment of the deposit, as well as penalties if one of the parties does not meet the conditions.
Both signing and deposit secure the property to the buyer and allows you to start preparation of the transfer of ownership rights.
Residential Property For Sale
233 992 €
Apartment in Mexico
62 sq.m11
This unique residential boutique complex is located in one of the best places of Playa del Carmen in the Italian area, it is ideal to spend an afternoon summer drinking coconut juice. Or, on a January morning, sip a cup of coffee while enjoying the amazing colors of the turquoise shades of the Caribbean Sea.
The exclusive residential complex...
Property Investor
342 698 €
Apartment in Mexico
106 sq.m23
This unique residential boutique complex is located in one of the best places of Playa del Carmen in the Italian area, it is ideal to spend an afternoon summer drinking coconut juice. Or, on a January morning, sip a cup of coffee while enjoying the amazing colors of the turquoise shades of the Caribbean Sea. The exclusive residential complex is...
Property Investor
1 842 460 €
Hotel in Mexico
1000 sq.m
For sale beautiful Mediterranean-style hotel with 20 rooms, including a reception, restaurant area, swimming pool and wide corridors. It is located in the fastest growing area within Aldea Zama, in front of the new commercial area called the New Fifth Avenue in Tulum.
Services, water and drainage, electricity.
PROPERTY FEATURES
Air...
Property Investor
2 303 075 €
Hotel in Mexico
750 sq.m
Remote Transaction
Experience Mexico like never before at this hotel , a uniquely spectacular boutique hotel steps from from Playa del Carmen’s famous 5th avenue and moments away from the beaches of the Mexican Caribbean.
This property features a collection of 20 magnificently unique rooms and suites, reflecting our vibrant history and culture. From the...
Property Investor
234 914 €
Penthouse in Mexico
146 sq.m22
An incredible 2 bedroom boutique penthouse with beautiful views of the surrounding natural elements and jungle of Tulum. The penthouse is located within a brand new development recently completed in 2020, and only 10 minutes from the town of Tulum and 15 minutes from the beach. The entire building only has a total of only 6 units, with its very...
Property Investor
441 269 €
Villa in Mexico
185 sq.m33
This 3 Bedroom open concept villa was built by one of Tulum's most reknowned boutique eco builders. The rooftop terrace is accessed through the master bedroom, and provides a perfect space for quiet morning or for a familly & friends gathering for some cocktails. The open concept kitcken and living area which seemlessly flows into the...
Property Investor
680 789 €
Land in Mexico
2.7 hectares
Incredible 2.37 Hectare Beachfront Lot with 100 Metres of Private Beach & Lagoon Access for Sale in Sian Ka'an Biosphere Reserve, Tulum, Mexico The incredible and exclusive 2.37 hectare beachfront lot has 100 metres of beach frontage on the Caribbean side of the lot, and reaches all the way back into the lagoon on the backside where a...
Property Investor
124 366 €
Villa in Mexico
100 sq.m322
This fabulous 2 bedroom private luxury jungle villa is located just outside of growing Tulum, but still in reach of all necessary amenities and activities, which are numerous in Tulum and area, while at the same time providing a quiet retreat away from the hustle and bustle when needed.
The villa is designed with an open concept living room...
Property Investor
819 895 €
Apartment in Mexico
203 sq.m333
Online ViewingRemote Transaction
GRAN PENINSULA
The residential complex is located on the shore of the marina. This is the second stage of one of the most popular residential complexes in Puerto Aventuras. The main tenant, the buyer, is an audience with a high level of prosperity. The average monthly rental price for a one-year lease is from $3,500 for a two-bedroom apartment...
Caribbean Club Project
717 638 €
Apartment in Mexico
169 sq.m333
Online ViewingRemote Transaction
A little bit about the city itself.PUERTO AVENTURAS was founded on the Riviera Maya coast more than 35 years ago.
Puerto Aventuras is a small town on the Caribbean coast, which is located 15 km from the city of Playa del Carmen and 80 km from Cancun International Airport and 30 km from Tulum.
Puerto Aventuras is a 350-hectare gated protected...
Caribbean Club Project
584 981 €
Apartment in Mexico
141 sq.m322
Online ViewingRemote TransactionRental property
Extraordinary new residential development in Puerto Aventuras
Navigation, freedom, and adventure define the experience at Marina Aqua, promising an unparalleled seaside lifestyle
Puerto Aventuras An exclusive residential and tourist community in the Mexican Caribbean, just an hour away from Cancun International Airport, located between Playa...
Caribbean Club Project
824 501 €
Penthouse in Mexico
306 sq.m433
Online ViewingRemote Transaction
3 bedroom, 3 bathrooms apartment
For sale By Agent
Puerto Aventuras, Solidaridad, Quintana Roo
CP. 77750
Apartment
Price: $895,000.00 USD
Year of build: 2007
HOA fee: 9000 peso a month.
Area: 306.34 Sq.M. total
Pet Friendly building
The apartment has:
4 sitting areas on the main floor
2 master bedroom with en suite...
Caribbean Club Project
790 415 €
Flat in Mexico
161 sq.m432
Online ViewingRemote Transaction
A little bit about the city itself.
Puerto Aventuras was founded on the Riviera Maya coast more than 35 years ago.
A small town on the Caribbean coast, which is located 15 km from the city of Playa del Carmen and 80 km from Cancun International Airport and 30 km from Tulum.
Puerto Aventuras is a 350 ha gated protected area with its own...
Caribbean Club Project
2 303 075 €
Penthouse in Mexico
520 sq.m558
The apartment is located in the city of Puerto Aventuras.
Puerto Aventuras was founded on the Riviera Maya coast more than 35 years ago.A small town on the Caribbean coast, which is located 15 km from the city of Playa del Carmen and 80 km from Cancun International Airport and 30 km from Tulum.
Puerto Aventuras is a 350-hectare gated...
Caribbean Club Project
511 283 €
Apartment in Mexico
112 sq.m222
Online ViewingRemote TransactionCredit
Puerto Cancun is a new, elite area of the city of Cancun, which is located on the seashore. Enough luxurious residential complexes and villas have already been built on the territory of Puerto Cancun, which never cease to amaze with their luxury, expensive finishes and views from the windows of apartments. This area was loved by a certain...
Caribbean Club Project
847 532 €
Apartment in Mexico
217 sq.m333
Online ViewingRemote Transaction
Puerto Cancun is a new, elite area of the city of Cancun, which is located on the seashore. Enough luxurious residential complexes and villas have already been built on the territory of Puerto Cancun, which never cease to amaze with their luxury, expensive finishes and views from the windows of apartments. This area was loved by a certain...
Caribbean Club Project
268 999 €
House in Mexico
201 sq.m322
Urban Townhouse Retreat in San Cristobal, Merida, Mexico Lot Width: 7.35 m | 24.137 ft Lot Length: 40.4 m | 132.655 ft Living Area: 201 m2 | 2163.645 sq ft Lot Size: 296 m2 | 3186.117 sf Bedrooms: 2 Bathrooms: 2.5 Kitchens: 2 Living Rooms: 2 Price: 4,995,000 MXN (approx. $292,000 USD) Located in the southeast quadrant of Merida’s historic...
This exciting new development is located in Tulum, a natural jewel of the Mexican Caribbean, surrounded by white sand beaches & turquoise waters. This luxury residential complex of 19 villas is conveniently located near the serenity of this Caribbean paradise, mangroves & regional cenotes.
The project is comprised of 19 luxury 1 or 2...
Property Investor
142 646 €
Villa in Mexico
64 sq.m21
Online ViewingRemote TransactionRental property
The Gobal Costa Maya project is a residential complex with a snow—white beach and incredible turquoise of the Caribbean Sea near the resort of Cancun in Mexico!
You can choose from land plots, residential buildings (furnished for an additional fee).
We are at the stage of early sales, now you have a unique opportunity to purchase land plots...
The new residential complex under construction in Puerto Avnturas Puerto Aqua will present new, modern luxury housing on the market.
The residential complex will be built on a plot of 7000 m2, which is located directly on the water.
48 apartments with three and four bedrooms will be located in five four-storey towers. All apartments will...
Step 2. Signing of the document on the right of ownership
The mandatory stage of the transaction is the signing of the title deed (escritura) in the office of a Mexican notary.
A notary in Mexico (notario publico) registers any real estate transactions and also is responsible for the legality of the transaction. This is an experienced specialist with a legal education, appointed to their position by the state government. You can become a notary only after you have acquired sufficient experience, successfully passed a special exam, and if you meet all the requirements set by the government. After signing the transfer of ownership in the notary office, the notary registers the object in the state registration chamber (registro publico).
But the contract of sale (contrato de promesa de compraventa) is not a binding document, if the terms of the transaction are specified in detail in the offer. This is a bilateral agreement that does not need to be registered with a notary. The document can be signed in a notary office at the request of the parties.
The contract of sale is always drawn up in Spanish, can be signed remotely and sent by email. Both parties can also sign it in person in the presence of a notary. The document specifies the full cost of the property and the payment method.
After that, the buyer makes a bank trust (fideicomiso). To do this, you must present your passport, immigration card, and Mexican taxpayer identification number (RFC) and resident registration number (CURP).
The cost of opening a trust is $800-900. The annual service fee is $500.
After making a trust fund, you transfer the rest 90-95% from the agreed amount of money to the account of the real estate agency. Optionally you or the seller can make an escrow account, which allows to put money there (just like on your personal account), but later the money will be redistributed among the parties after the final settlement at the notary’s.
Step 4. Registering of ownership
The total duration from the moment of making an offer to signing the escritura depends on how long the bank takes to open an account. This usually takes 45-90 days. After that the contract for ownership is registered in the registry publico.
Can I seal the deal remotely?
If you cannot or do not want to attend the final deal personally, you can make a power of attorney for your legal representative. This can be your agent or a lawyer.
If you visit Mexico to choose the property, then you can make it at the notary there. If not, then you can issue a power of attorney in your country, but don’t forget to translate and apostille it.
