Get Notified when properties are added in Playa Del Carmen for all prices .
Commercial space for sale in the Kalena complex The Shops a…
$116,220USDNew condos for sale in Playa del Carmen Casa Paco is a b…
1Beds 1Baths $115,000USDNew commercial properties for sale near the beach and 5th Av…
$112,700USDNew condos for sale near the beach and 5th Avenue Ocean …
1Beds 1Baths $107,927USDNew condos for sale in the new urban center Distrito Dov…
1Beds 1Baths $106,400USDNew condos for sale in Playa del Carmen Sur 307 is a new…
1Beds 1Baths $106,239USDNew residential lots with premium amenities If you’ve …
230 - 450 sq. mt. $105,000USDNew condos for sale in Playa del Carmen Eskina is an exc…
1Beds 1Baths $104,577USDNew contemporary-style condos with luxury amenities Quar…
1Beds 1Baths $92,300USDNew Coco Beach condos for sale BG Condos is an exciting …
1Beds 1Baths $88,482USDNew contemporary-style condos with luxury amenities Quar…
1Baths $82,600USDNew lots for sale in an eco-friendly gated community If …
287.50 - 1,324.45 sq. mt. $78,895USDNew condos for sale in the new urban center Distrito Dov…
1Baths $76,800USDNew residential lots for sale in Playa del Carmen If you…
160 - 1,000 sq. mt. $28,800USDGorgeous beachfront condo for sale in Playacar This luxu…
1Beds 1Baths $400,000USD“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).