Purchasing real estate in a luxury resort destination is an important decision—one that naturally comes with questions. Whether you're exploring ownership for the first time or looking to expand your investment portfolio, understanding the process, benefits, and expectations can help you move forward with confidence.
In this guide, we answer the most frequent questions from prospective buyers, offering clarity on ownership models, legal considerations, property features, and the long-term value of investing in real estate within our world-class destinations.
As a foreigner can I buy property in México? |
Yes, of course you can, there is an structure established in mexican law called a Fideicomiso (trust), so foreingers can buy a property within the designated restricttive zone which is a strip of 50 KM FROM THE COAST LINE AND 100 KM FROM THE BORDERS.
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Is the trust a lease? |
No, the trust is not a lease. The propperty ownership Will be transmited to the trust and the Foreigner Will be the beneficiary of all rights derived from such ownership, such as use, enjoyment of the property, renting it, selling and receiving the procedes, designating substitute beneficiary (ies), etc
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How long does the trust lasts?
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It is renewable every 50 years
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Can I assign my rights of the trust to another person?
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Yes, in order to transfer the property to another foreigner, you can assign your rights of the trust.
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How would I seel the property to a Mexican Citizen?
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Before a Notary you Will cancell the Trust and transfer the property fee simple to a Mexican National.
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How Much are the expenses for closing costs, including the Trust?
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It Garza Blanca Preserve.https://puertovallarta.garzabl...varies, aproximately 5% of the purchase Price.
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Are there any expenses related to the purchase Price
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-Yearly property taxes that are aproximately a quarter of a point per year
-Maintenance fees and Services -Capital gains tax when selling. |
For more information:
- Call one of our real estate advisors at 011 52 322 176 0700 extensions 5648, 5631, or 5620.
- Find out more on our official websites:
www.lemuria.realestate
www.garzablancarealestate.com
Or come visit us at the Real Estate office located in the main lobby of Garza Blanca Preserve.
