Foreigners (non-Mexican) are able to purchase real estate in Mexico. They may directly own rural or urban land in the interior of Mexico with certain limitations on specific agricultural tracts. In the restricted protected zone, a Trust Deed is used.
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Mexican Real Estate
Differences in New Development ProjectsAt this moment, the majority of new construction of condos in Mexico are bought for cash (from the buyers), and developers are building with these funds. Learn about the differences in new development projects in Mexico, US & Canada.
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So goes the law, so goes the practice of Real Estate…Mexican Civil Law is not the same as English Common Law. This makes a difference to you as a buyer or seller. Learn the differences here.
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Buying Property
Real Estate Escrow in MexicoEscrow as we know it in the US and Canada is not required in Mexico. Using a third party to hold funds is what most Americans and Canadians believe is the proper way to purchase or sell a property, but a Mexican has a different experience and the difficulty arises for non-Mexicans in our market when they have to purchase within a Fideicomiso trust for property near the oceanfront.
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Harriet Murray
Owner / Agent
Email: harriet@casasandvillas.com
USA/Canada: +1 (504) 298-6730
Puerto Vallarta: +52 (322) 223-4027
Puerto Vallarta Cel: +52 (322) 205-7550
