Yes. Foreigners can own property in Cancun via a “fideicomiso”: a trust with a Mexican bank facilitated by a notary. The bank acts as a trustee and follows instructions from the property owner. Via this arrangement, foreigners can have all rights to use, occupy, lease, build, improve, and sell their property.

There’s more to Cancun than its picture-perfect beaches, luxury resorts, food, and nightlife. The city has world-class amenities and infrastructure equal to the U.S. and Canada. And it’s very different to live in Cancun than to go on vacation.

Cancun is a paradise beach town that is home to many expats. The population is diverse. Foreigners from all over the world and Mexicans from different states live here.

A couple can live comfortably in Cancun for around MXN 50,000 or USD 2,500 a month. 

The number will increase if you rent a luxury condo by the beach. But keep in mind that property taxes in Mexico are insanely low! So, if you own a condo or house anywhere in Mexico your property tax bill will only be a few hundred dollars a year.

Absolutely. We understand the importance of finding the right financing option for you.

Our team of financing advisors can guide you through the process and help you explore options such as developer direct financing, international financing, or financing through Mexican banks.

Contact your certified Realtor to schedule a call or send a message for personalized assistance.