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New condos for sale near the beach and 5th Avenue This n…
325.50 sq. mt. 1Beds 1Baths $184,000USDCondo for sale near the beach and 5th Avenue This bright…
2Beds 2.5Baths $184,000USDLa Residencia – The Newest Condo-Hotel Option In Playa del…
1Beds 1Baths $183,040USDFurnished Coco Beach studio with rooftop amenities This …
1Beds 1Baths $183,000USDFurnished studio for sale near the beach and 5th Avenue …
1Baths $180,000USDBeautiful vacation condo for sale in El Cielo This condo…
2Beds 2Baths $180,000USDNew condos just 2 blocks from the beach Central Park Qui…
1Beds 1Baths $180,000USDLu’xia complex in the Ejido neighborhood of Playa del Carm…
3Beds 2Baths $180,000USDTorre Aurora Playa – Affordable Condo Living in Playa del …
2Beds 2Baths $180,000USDAffordable condos in a prime downtown location You just can…
1Beds 1Baths $179,500USDBeautiful condo with resort-style amenities This vacatio…
1,039 sq. mt. 2Beds 2Baths $178,000USDBeautiful condo with resort-style amenities This condo f…
2Beds 2Baths $177,800USDFurnished condo for sale near the beach and 5th Avenue T…
1Beds 2Baths $177,500USDNew Coco Beach condos with exclusive amenities Menesse C…
1Beds 1Baths $174,000USDFurnished studio for sale near the beach and 5th Avenue …
1Baths $170,000USDNew condos for sale in the Mayakoba resort complex Downt…
2Beds 2Baths $170,000USDNew condos for sale in a prime downtown location You jus…
550 sq. mt. 1Beds 1Baths $169,900USDNew condos for sale near 5th Avenue and the beach DK Exc…
1Beds 1Baths $169,900USDNew condos for sale in Playa del Carmen Habaneros Livin…
250 sq. mt. 1Beds 1Baths $169,000USDNew Coco Beach condos with exclusive amenities Levitat 2…
1Beds 1Baths $167,000USDNew condos with resort-style amenities Inuk is new eco-f…
6,790 sq. mt. 1Beds 1Baths $166,323USDNew Playacar condos with resort-style amenities The Leaf…
1Baths $166,000USDNew condos with resort-style amenities Valle Aurora is a…
2Beds 2Baths $165,880USDCondo for sale on 5th Avenue in the heart of downtown Yo…
1Beds 2Baths $165,000USDCondo for sale near the beach and 5th Avenue This beaut…
2Beds 2.5Baths $165,000USD5th Avenue Playa del Carmen condo for sale This lovely vaca…
1Beds 1Baths $165,000USDNew condos for sale near the beach and 5th Avenue Ocean …
2Beds 2Baths $164,000USDFurnished studio for sale near the beach and 5th Avenue …
1Baths $160,000USDBeautiful single family home for sale in Playa del Carmen …
154 sq. mt. 3Beds 2.5Baths $160,000USDAffordable studios for sale near 5th Avenue and the beach T…
1Beds 1Baths $160,000USDNew Coco Beach condos with luxury amenities Torre Diez is a…
1Beds 1Baths $159,597USDNew condos for sale near 5th Avenue and the beach Menes…
1Beds 1Baths $159,400USD“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).