Casa Morgana’s elegant design is expansive and luxurious, …
767.67 sq. mt. 6Beds 6.5Baths $2,900,000USDLive and Work in PARADISE! Is it your dream to run your own…
413 sq. m. 12Beds 10Baths $2,100,000USDCommercial space with two apartments in a prime downtown loc…
60 sq. mt. 2Beds 2.5Baths $1,700,000USDFantastic Investment Opportunity in Downtown Playa del Carme…
1Beds 2Baths $1,550,000USDAttention Investors: This well constructed, well maintain…
375 sq. m. 2Beds 2Baths $1,400,000USDThese luxurious, oceanview condos in downtown Playa del Carm…
3Beds 4Baths $1,322,889USDThis 3-floor home sits on a large, walled lot that encloses …
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218 sq. m. 3Beds 4.5Baths $988,000USDFantastic investment opportunity in downtown Playa del Carme…
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4Beds 4.5Baths $873,104USDOceana - Ultra-Modern Condominium for Sale at Mamitas Beach …
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369 sq. mt. 7Beds 7Baths $820,000USDNew Adults-Only condos with resort-style amenities Gino is …
3,670 sq. mt. 4Beds 4Baths $799,000USDA Luxury Villa for Sale in Playacar This is a property wher…
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2Beds 2.5Baths $756,509USDFabulous Penthouse For Sale in Coco Beach! This luxury oc…
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3,670 sq. mt. 3Beds 4Baths $738,000USDThese luxurious, oceanview condos in downtown Playa del Carm…
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128 sq. m. 3Beds 2Baths $700,000USDOceanfront Luxury Condominiums For Sale in Playa del Carmen!…
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3Beds 2Baths $650,000USDOceans 13 - Beachfront Condominium for Sale in Playa del Car…
3Beds 3Baths $650,000USDLuxurious Penthouse For Sale Downtown Playa Del Carmen You …
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2Beds 2Baths $564,750USD“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).