Real Estate Lawyers in mexico

BUYING REAL ESTATE IN MEXICO: Why YOU SHOULD Act Now?

The Mexican real estate market is booming, and opportunities for high returns are abundant. Delaying your investment could mean missing out on significant gains.

With our specialized legal expertise and dedication to our clients you can rest assured that your legal matters are in the hands of the best real estate lawyers in Quintana Roo and Yucatan. Trust our attorneys for the best results in Cancun, Puerto Morelos, Playa del Carmen and Tulum, Quintana Roo and the Yucatan Peninsula.

mexican real estate: key Considerations Before Investing

Investing in Mexican real estate offers immense potential for growth and returns. To maximize your investment and avoid pitfalls, consider these crucial factors:

Comprehensive Market Research

Dive deep into market trends, identify high-growth areas, and understand property demand. Knowing the market ensures you're investing in the right locations with the best potential for appreciation.

Thorough Risk Analysis

Evaluate all potential risks, including economic shifts, market volatility, and property-specific issues. A solid risk analysis safeguards your investment and prepares you for any eventualities.

Navigating Mexican real estate laws can be complex. Our team provides detailed legal and tax guidance, ensuring compliance with local regulations and optimizing your tax strategy. This is essential to avoid legal issues and maximize your returns.

Expert Legal and Tax Advisory

Trust our experienced real estate legal team to provide you with personalized attention and timely delivery of services.

15+

Years of experience

Founded by a group of legal experts with extensive experience in real estate, intellectual property, corporate law, contract law, civil law, tax law, data privacy protection, consumer rights, and other specialties, we provide personalized attention and timely delivery of services.

With over 15 years of experience, the real estate attorneys at Fajardo, Gil, Velarde & Asociados provide expert counseling and advice for navigating the intricate legal landscape of Mexico. Whether you're investing in Cancun, the Riviera Maya, Tulum, or Yucatan, our legal experts are your trusted partners for confident and seamless real estate invesments.

REAL ESTATE ATTORNEYS IN CANCUN, PLAYA DEL CARMEN, TULUM, PUERTO MORELOS AND YUCATAN

Why Invest in Real Estate in Mexico?

Investing in Mexican real estate offers numerous advantages that make it a prime choice for international investors. Here’s why Mexico stands out:

• Economic Growth: Mexico’s strong and stable economic growth provides a solid foundation for real estate investments, ensuring potential long-term appreciation and returns.

• High Demand for Properties: With a growing population and thriving tourism industry, the demand for housing and properties in Mexico remains consistently high, creating lucrative opportunities for investors.

• Strategic Geographical Location: Mexico’s strategic location, with proximity to the USA and access to both the Pacific and Atlantic Oceans, enhances its appeal for international investors looking for prime real estate opportunities.

• Diverse Investment Options: From beachfront properties in Cancún, Tulum, Playa del Carmen to urban developments in Mexico City, Mexico offers a wide range of real estate investment options to suit different preferences and investment goals. 

  By partnering with our legal firm in Cancún, you can confidently navigate the complexities of Mexican real estate law. We provide expert legal advice and personalized services to help you make informed investment decisions.

Frequently Asked Questions (FAQ)

1. Can foreigners buy real estate in Mexico?

Yes, foreigners can legally purchase property in Mexico, including in popular areas like Cancun, Riviera Maya, Tulum, and Yucatan. However, properties within the Restricted Zone (50 km from the coast or 100 km from international borders) require ownership through a bank trust (fideicomiso) or a Mexican corporation.

2. What is a Fideicomiso (Bank Trust), and do I need one?

A Fideicomiso is a bank trust that allows foreigners to own property in the Restricted Zone. The bank holds the legal title but acts on your behalf, giving you full ownership rights, including selling, leasing, or transferring the property. Our attorneys can assist in setting up and managing your trust.

3. How can I ensure the property I’m buying has a clear title?

Before purchasing, it's crucial to conduct due diligence to verify ownership, liens, debts, and zoning restrictions. Our team performs thorough checks and secures a Certificate of Freedom from Liens to confirm the property is free of legal issues.

4. Do I need a Mexican notary for my real estate transaction?

Yes. In Mexico, a Notary Public (Notario Público) is a government-appointed official who oversees property transactions to ensure they are legally binding. Our firm works closely with notaries to facilitate secure transactions.

5. How does the closing process work in Mexico?

The closing process involves:

1. Signing a Purchase Agreement (with or without a deposit).

2. Conducting due diligence (title verification, permits, and lien clearance).

3. Signing the final deed before a Notary Public.

4. Registering the deed at the Public Registry of Property.

   We provide legal representation for closings to ensure a smooth process.

6. What is an Escrow account, and should I use one?

An Escrow account is a secure third-party account that holds funds until all contract conditions are met. It protects both buyers and sellers from financial risks. We offer trusts and escrow services to ensure safe transactions.

7. How long does it take to complete a real estate transaction in Mexico?

On average, a real estate purchase takes 4 to 8 weeks, depending on due diligence, trust setup, and notary procedures. Delays can occur if the seller’s documents are incomplete. Our attorneys expedite the process to avoid unnecessary delays.

8. What are the property taxes and closing costs in Mexico?

Closing costs typically range from 4% to 7% of the property’s value, including:

• Acquisition Tax (2% - 3% depending on the state).

• Notary and legal fees.

• Registration and government fees.
  Annual property taxes (predial) are very low compared to the U.S. and Canada. We provide a detailed breakdown of costs for each transaction.

9. Can I lease out my property in Mexico?

Yes! Foreigners can rent out their properties, whether short-term (Airbnb) or long-term. However, rental income is subject to Mexican tax laws. We offer lease contract drafting and advice on tax compliance.

10. Can I purchase property through a Mexican corporation?

Yes, this is a common option for investors purchasing multiple properties. A Mexican corporation allows you to own property directly. Our legal team can help you establish a corporation and ensure compliance.

11. What happens if a dispute arises after the purchase?

If issues arise, such as title fraud, breach of contract, or property disputes, we provide legal representation and assist with litigation if necessary.

12. Why should I hire a real estate lawyer in Mexico?

Buying property in a foreign country can be complex. Our expert real estate attorneys ensure:

A legally secure transaction.

Comprehensive due diligence.

Protection from fraud or hidden liabilities.

Proper contract drafting and legal representation.

Need expert legal guidance for your real estate investment in Mexico?

📩 Contact us today for a consultation!

Our services

Comprehensive Title and Due Diligence

We offer thorough title verification and due diligence services to ensure the legitimacy of property ownership. Our meticulous research identifies any legal complications, protecting your investment and ensuring a transparent transaction process

Property Acquisition Consulting

Our experienced real estate attorneys offer comprehensive legal advice on purchasing property in Mexico. From understanding local regulations to negotiating purchase agreements, we guide you through every step to ensure a smooth and secure transaction

Our Key Services:

✅ Real Estate Legal Advice – Get expert insights and strategic guidance tailored to your investment in Cancun, Riviera Maya, Tulum, and Yucatan.

✅ Comprehensive Property Due Diligence – We conduct in-depth legal reviews to verify clear titles, zoning compliance, and potential risks, protecting you from hidden liabilities.

✅ Public Registry Management – From property registration to legal modifications, we handle all formalities before the Public Registry of Property and Commerce in Quintana Roo and Yucatan.

✅ Title Clearance & Freedom from Liens – Our attorneys secure official Certificates of Freedom from Liens, ensuring your property is free from encumbrances or legal disputes.

✅ Secure Purchase & Sale Agreements – We draft and review legally binding contracts that safeguard your rights, covering everything from purchase promises to final closing agreements.

✅ Closing Representation – Whether you're present or abroad, our legal team ensures a smooth and legally sound closing process, preventing last-minute complications.

✅ Trusts & Escrow Services – Foreign investors can safely acquire property through a bank trust (fideicomiso) or escrow account, with our expert guidance.

✅ Lease Agreements & Rental Protections – We draft airtight lease contracts that protect your investment, whether for short-term rentals (Airbnb) or long-term leases.

✅ Notary Services & Contract Validation – We ensure all contracts are properly notarized and legally enforceable, adding an extra layer of security to your transaction.

At Fajardo, Gil, Velarde & Asociados, we simplify the legal side of real estate, so you can invest with confidence and peace of mind. Let our expertise protect your investment every step of the way.

📩 Contact us today for a consultation!

Get in touch with our expert lawyers in Quintana Roo today for customized advice and outstanding service tailored to your real estate investment needs.

Our office

Av. Tulum, Sm. 15-A, Mza. 3, Edificio Equinox, Oficina 4, Cancún, Q. Roo

Hours
Monday - Friday
9am - 6pm

Contacts
+52 (998) 291 88 36