Incredible Mexico Real Estate and Property

You can buy stunning real estate that is for sale in Mexico.

Learn more about Mexico real estate in IL Postcards.

Mexico has a lot to offer in terms of great weather, beautiful scenery, and authentic Latin American culture, plus you will find lots of affordable real estate in Mexico. It is perfectly legal for foreigners to own Mexican real estate, including land and properties located in the restricted zones: 50 kilometers/32 miles from the sea shore, and 100 kilometers/65 miles from international borders. In fact, the Mexican government is promoting and encouraging foreign investment in those areas, and many Spanish and U.S. companies are taking advantage of the new law, constructing new residential developments and tourist resorts along the entire Mexican coastline.

How to own and purchase real estate in Mexico

There are three ways of owning Mexican property: via direct deed (all interior property), through a Mexican Corporation (commercial property), or through a bank trust called fideicomiso, in the restricted zones. All three ways of property ownership are safe, and in fact, it is even possible to obtain title insurance from either Stewart Title or First American Title, to further protect the investment.

We do not recommend getting involved in real estate transactions concerning ejido land, which is a communal property. Unless it has been properly privatized, as the ejido land belongs equally to all the community members, and privatization includes collecting all their signatures, it can be a long and a complicated process.

Choose from the wide variety of Mexican real estate for sale

Mexican real estate comes in many varieties: from lavishly restored colonial mansions to ultra modern architecture employing the principles of minimalist design; from resale homes in historical residential areas to gated communities; from villas boasting elaborated exotic landscaping, to carefree condominiums. The price range is also very broad, depending on location, age, size, condition, and other variables.

From an investor's perspective, because of the high demand in selected areas, especially on the coasts and in colonial towns such as San Miguel de Allende, Mexican real estate can be very attractive to hold as an appreciating asset, to generate rental income, or both.

Financing for residential property is available through several U.S. financial institutions, and recently from Bancomer. The requirements are a little steeper than in the U.S., including a larger down payment and higher rates, but as more and more players are entering the mortgage market, the resulting competition is expected to make the financing easier and less costly, meaning buying real estate for sale in Mexico is easier than ever before.

Learn more about Mexico real estate in IL Postcards.

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