Mexico International Real Estate · Mérida

Affordable Home close to Airport and Centro!

Property in Yucatán

PropertyYucatán

Specifications

Property typeProperty
AreaYucatán
Listing code006813

What owning this actually involves

Mexico’s restricted zone runs 50 km inland from any coast and 100 km from any land border. A foreign buyer inside that zone holds title through a fideicomiso — a Mexican bank trust in which you are the named beneficiary, with the right to live in the property, rent it, remodel it, sell it and leave it to your heirs. Outside the zone a foreign buyer may hold title directly, with a permit from the Mexican government.

Which applies to this property depends on exactly where it sits. Ask us and we will tell you before you spend anything.

The purchase completes before a notario público, a state-appointed lawyer, and typically takes 30–60 days.

The fideicomiso explained →

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