Question Details

Manuel Molina, Home Buyer in Arizona

Can I buy beach front property in Mexico?

Asked by Manuel Molina, Arizona Wed Jul 4, 2007

Can I have full ownership?

Help the community by answering this question:


Yes if you are a Mexcian citizen. If you are not a citizen then you cannot buy property outright in the restricted zone which is typically 100km from the border or 50km from the coast. You have to buy the property through a bank trust otherwise known as a fideicomiso. Don't go at this alone. Use a broker and the MEXICAN licensed attorney they suggest. The way this works is that the bank is the owner of the property and places it in trust and you are a beneficiary of the trust. Where are you thinking of buying?
Web Reference:
1 vote Thank Flag Link Thu Jul 5, 2007
You can own land within the resticted zone.. This is done by setting up a corporation in Mexico which then buys the land. You own the company and the company owes the land. If a trust is involved then you have to have a trust for each plot of land. A Mexican Corporation can own many plots of land including beachfront.
Flag Thu Dec 27, 2012
Bruce Lynn, Real Estate Pro in Coppell, TX
Only citizens of Mexico can buy beach front property there as individuals. Foreigners usually buy properties through a figure called "fideicomiso" which is similar to a trust. You should consult an attorney or specialist in real estate sales to non-Mexicans in Mexico to assist you with the transaction. Check out the info in the Coldwell Banker site of Rocky Point.
1 vote Thank Flag Link Wed Jul 4, 2007
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