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“Playa del Carmen Secures the Fifth Position in Mexico for Marking Significant Home Price Escalations in 2023.”

Playa car real estate

“Playa del Carmen Secures the Fifth Position in Mexico for Marking Significant Home Price Escalations in 2023.”

Quintana Roo has emerged as one of Mexico’s top states in witnessing a substantial surge in home prices in the early months of 2023. According to the Federal Mortgage Company (SHF), the state has seen an impressive 17.1 percent increase in home prices during the first quarter of this year compared to the same period in the previous year.

Baja California Sur holds the top position in Mexico with a 17.9 percent price increase, followed closely by Quintana Roo and Sinaloa at 16.5 percent, securing the second and third positions, respectively.

Nationally, the SHF reported that the average home price stood at 1,601,000 pesos during the first quarter of 2023, with a median price of 926,000 pesos. The SHF’s Housing Price Index revealed varying trends by state, with 16 states recording higher variations than the national average, while 16 states reported lower variations.

The nationwide SHF Housing Price Index displayed an overall appreciation of 11.7 percent in the first quarter of 2023 compared to the same period in 2022. However, during the first three months of 2023, there was an 11.5 percent decrease in the number of property appraisals compared to the same period in the previous year.

The SHF Index for new housing indicated a variation of 12.8 percent, while the index for used housing increased by 10.8 percent during the first quarter of 2023. Within this period, 60 percent of the market comprised used housing, and 40 percent was attributed to new housing.

The SHF Index for single houses grew by 11.8 percent, while the index for condominiums and apartments combined showed an appreciation of 11.6 percent. In the economic-social housing sector, the SHF Index witnessed an increase of 11.3 percent, and the medium-residential housing index rose by 11.9 percent in the period from January to March 2023.

When assessing mortgage loan prices from lowest to highest at the national level, it’s evident that 25 percent of transactions were conducted at a price equal to or below 626,000 pesos. The median price, at 926,000 pesos, indicates that 50 percent of housing transactions occurred below this threshold, while the other half was above it. Furthermore, 75 percent of homes were sold for less than 1,853,000 pesos, with the remainder fetching higher prices.

The increase in housing prices coincides with a macroeconomic environment where the Gross Domestic Product (GDP) recorded a 3.9 percent real growth in the first quarter of 2023 when compared to the same period in the previous year, according to the Timely Estimate of GDP published by the National Institute of Statistics and Geography (INEGI).

By municipality, Solidaridad, which encompasses Playa del Carmen in Quintana Roo, ranks fifth on the SHF Index with a price variation of 16.8 percent, making it the most prominent municipality in the state and the fifth highest in the country. The top-ranking municipality in the country was La Paz in Baja California Sur, with an 18.1 percent increase in home prices.

During the first three months of 2023, in comparison to the same period in 2022, the SHF Index documented price appreciation rates above the national average in 38 municipalities and below-average rates in 36 municipalities.

“Quintana Roo’s soaring real estate market calls for an expert touch, and that’s where shines. As the premier real estate agency in the Riviera Maya, we’re well-equipped to help you navigate the dynamic housing landscape. With our extensive knowledge of the region and a dedicated team of professionals, we ensure you make the best property investment choices. Whether you’re seeking your dream home or an investment opportunity, is your trusted partner in Quintana Roo’s thriving real estate market.”

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The Mexican Association of Real Estate Professionals Establishes a Public Registry to Combat Illegal Agents.

logo AMPI Quintana Roo

The Mexican Association of Real Estate Professionals Establishes a Public Registry to Combat Illegal Agents.

**RIVIERA MAYA, Q.R. – The Mexican Association of Real Estate (AMPI) reports the establishment of a public registry for certified government-owned real estate. Public records are being consolidated, enabling buyers to engage licensed professionals while associations tackle illegal agents. Miguel Ángel Lemus Mateos, coordinator for Region 18 of the Association of Real Estate Agents in Mexico, stated that their efforts are aimed at combating real estate piracy through this registry.

“We will publish a register to let the market know who is recognized as real estate agents, thus countering empiricism and malpractice,” Remus Mateos affirmed. He pointed out that the Real Estate and Services Law of Quintana Roo, passed by the state Congress in 2014, forbids unlicensed individuals from practicing in the real estate business.

Lemus Mateos also emphasized that any professional intending to work in the real estate sector must register with the Ministry of Agrarian, Territorial, and Urban Development, a Mexican agency under the Urban Development and Housing Cabinet. “It is essential to ensure recognized representation from the national government, the public, and investors, including home and property buyers,” he added.

“To register as a real estate consultant, interested parties must individually submit the following documents, including a valid official photo ID, proof of residential address, proof of a clean criminal record, and proof of training and registration with the Tax Administration Service (SAT),” he explained. “Foreigners must establish their migratory status for gainful employment and meet minimum requirements for professional licenses with national institutions,” he added, noting that this activity is also regulated by the National Real Estate Board.

“To regulate this activity, the National Real Estate Council has been established as a technical support body for the Ministry, tasked with promoting research, analysis, professionalization, and decision-making regarding real estate services, under the guidance of the Secretary of Urban Development, Secretary of Government, Cristina Torres, Director of the National Property Registry, and representatives from organizations such as AMPI and CANACO,” he explained. According to Lemus Mateos, there are 665 certified real estate agents by AMPI (Mexican Professional Association) in Cancún, 131 in Playa del Carmen, 141 in Puerto Morelos, 35 in Tulum and Cozumel, 20 in Seoul, and 12 in Chetumal.

“Nationally, we have more than 3,000 federal certificates, and this year, we will begin issuing the first AMPI-UNAM diploma, so we are working diligently towards training,” he said.

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The Maya Train and Tulum Airport: Fueling New Sharing in Quintana Roo

Mayan Train and Tulum Airport Fueling New Sharing in Quintana Roo

The Maya Train and Tulum Airport: Fueling New Sharing in Quintana Roo

Quintana Roo, renowned for its breathtaking natural beauty and consistent tourism growth, finds itself in the midst of an economic and cultural transformation driven by the surge of “New Sharing.” This new economic model has skyrocketed thanks to the arrival of the long-awaited Maya Train and the opening of Tulum Airport. These two infrastructure projects not only connect the region more efficiently but are also giving rise to a new way of sharing goods and services in this part of Mexico.

The Rise of New Sharing in Quintana Roo

New Sharing refers to the sharing economy, a phenomenon that has taken the world by storm in recent years. In Quintana Roo, this trend is manifesting in creative and diverse forms. Residents and visitors now utilize the latest technological trends to lend, sell, share, or rent goods and services. This collaborative economy is opening up fresh opportunities for the local community and tourists alike.

Sharing in Quintana Roo

New Sharing has led to a wide range of opportunities in Quintana Roo. From sharing offices and work equipment to renting tools, cars, bicycles, and parking spaces, the sharing economy has transformed how people experience the region. One of the notable aspects is the renting of homes through platforms like Airbnb, allowing visitors to immerse themselves in local culture and live like temporary residents.

The Impact of the Maya Train

The Maya Train, an ambitious infrastructure project that will connect major tourist destinations in southeastern Mexico, is destined to be a key catalyst for New Sharing in Quintana Roo. This 1,500-kilometer rail network will provide an efficient way to travel between cities and tourist areas, further facilitating the exchange of goods and services across different regions.

In addition to improved mobility, the Maya Train will also promote cultural and economic collaboration among diverse communities. Tourists will be able to explore beyond traditional tourist destinations, fostering a more equitable distribution of economic benefits throughout the region.

Tulum Airport: Connecting with the World

The recently inaugurated Tulum Airport has been a significant milestone for Quintana Roo. This airport provides direct access to one of the region’s most popular cities and streamlines the flow of tourists from around the world. This has led to an increased demand for local accommodations and services, further boosting the New Sharing trend.

Cultural Exchange Between Mexico and the United States

Lenin Amaro Betancourt, the coordinator of the National Association of Regional Business Councils, highlights the importance of cultural exchange between Mexico and the United States in the context of New Sharing. Quintana Roo’s proximity to the U.S. border and its popularity as a tourist destination have created a conducive environment for economic and cultural collaboration.

In summary, New Sharing is transforming the economy and visitor experience in Quintana Roo. The arrival of the Maya Train and Tulum Airport has played a pivotal role in this surge, creating new economic and cultural opportunities for the region. With the increasing interaction between Mexico and the United States, Quintana Roo is poised to embrace this exciting economic trend even further.

by Rodrigo Madrid
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Why is the Real Estate Market Looking Towards Southeast Mexico?

Real Estate Market Looking Towards Southeast Mexico

Why is the Real Estate Market Looking Towards Southeast Mexico?



Tulum in Quintana Roo has established itself as a unique city due to its archaeology, history, and landscape, making it an excellent investment strategy to purchase properties for short-term rentals or sustainable development projects. Tulum offers a wide range of investment opportunities.

The real estate market is constantly changing and evolving. Therefore, a specific political, economic, or social context can add value to a region and transform it into valuable opportunities for investors. Knowledge is power, and when it comes to investing, it means security. Keeping this in mind, it can be essential to look towards Southeast Mexico. The paradise-like archaeological and historical landscape of Tulum in Quintana Roo has positioned it as a unique international tourist destination for many years, combining luxury and prosperity, which is nothing new. This position will only strengthen as infrastructure in the region improves to enhance connectivity.

The first piece of news is the opening of the Felipe Carrillo Puerto International Airport in December. Located 10 kilometers south of Tulum in the state of Quintana Roo, the airport will offer Mexican and foreign tourists more opportunities not only to travel to Cancun Airport but also to enjoy the stunning Riviera Maya. Another piece of news concerns the inauguration of the Tren Maya, also scheduled for December. Both infrastructure projects will revolutionize connectivity in the Tulum region and further transform real estate projects in the area. These infrastructure projects also include the expansion of services such as water supply, public rehabilitation, and road development. Tulum is one of the fastest-growing sectors of the economy according to the latest economic census, but where should you invest? The destination offers a wide range of investment opportunities, from purchasing short-term rental properties to sustainable development projects. Even if you think otherwise, Tulum remains affordable compared to other luxury destinations.

Investing capital in residential properties that prioritize well-being is not done on a whim. Several studies have been conducted analyzing what tourists seek when considering a vacation, and most are looking for mental health, satisfaction, and excitement, making Tulum seem like the perfect place. With this demand from travelers, real estate investment is becoming a very attractive option for those looking to grow their wealth. For example, real estate crowdfunding driven by 100 Ladrillos aims to achieve returns close to 15%, similar to wellness-oriented hotel projects like Babel. Investing in Southeast Mexico has never been easier. Today, the dream of homeownership in Tulum is closer to everyone, thanks to trends like investment democratization and real estate crowdfunding, which allow everyone to think and plan for the future, securing gains, no matter how small, through personalized investments that go beyond what meets the eye. It seems to be…

by Rodrigo Madrid

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“Architectural Masterpieces: Caribbean Beach Homes Inspired by Gehry, Hadid, Mandelbrot, Calatrava, and Libeskind”

Beach Homes Designs inspired in iconic architects

“Architectural Masterpieces: Caribbean Beach Homes Inspired by Gehry, Hadid, Mandelbrot, Calatrava, and Libeskind”


Prepare to embark on an extraordinary journey into the realm of architectural innovation and Caribbean  beach Homes  luxury in the enchanting Caribbean paradise. Welcome to our video, “Architectural Masterpieces: Caribbean Beach Homes Inspired by Gehry, Hadid, Mandelbrot, Calatrava, and Libeskind.” In this captivating visual experience, we present a collection of stunning architectural renders that pay homage to some of the most influential architects and thinkers of our time.

Caribbean Beach Homes: A Dream Realized

The Caribbean coastline has always been synonymous with beauty, relaxation, and a sense of escape. But what if we told you that this tropical paradise could be the canvas for architectural wonders that draw inspiration from the likes of Frank Gehry, Zaha Hadid, Benoit Mandelbrot, Santiago Calatrava, and Daniel Libeskind?

Architectural Renders: Bringing Dreams to Life

Our video takes you on a virtual tour of these architectural marvels. Each design is a testament to the enduring influence of these architectural visionaries, where their ideas transcend traditional boundaries and embrace the natural beauty of the Caribbean.

Gehry-Inspired Design: Explore beachfront homes with facades that echo Gehry’s iconic style, featuring whimsical, curvilinear forms that seamlessly blend with the coastal environment.

Hadid-Inspired Architecture: Dive into the world of avant-garde beach residences that pay tribute to Zaha Hadid’s fluid lines and innovative designs, creating spaces that are both art and architecture.

Mandelbrot Fractal Influence: Experience the magic of beach houses where fractal-inspired patterns and self-similarity play a central role in the design, creating a sense of infinite beauty.

Calatrava Beach Houses: Immerse yourself in the world of Santiago Calatrava’s beachfront creations, where structural elegance and functionality unite to form beachside masterpieces.

Libeskind Beachfront Homes: Witness the intersection of creativity and coastal living in Daniel Libeskind’s designs, where each beachfront home is a testament to architectural brilliance.

Contemporary Beach Architecture: These architectural wonders are not just about aesthetics; they are a fusion of creativity and practicality. The designs optimize space, celebrate natural light, and provide a seamless connection between indoor and outdoor living, all while offering panoramic views of the Caribbean’s turquoise waters.

Innovative Beach Designs: Our video showcases how each architectural concept marries the architects’ unique styles with the serenity of the Caribbean coastline. These homes are more than just places to live; they are living works of art.

Luxury Coastal Living: From private infinity pools that merge with the sea to beachfront terraces that beckon for sunset gatherings, these homes redefine luxury coastal living.

Caribbean Vacation Homes: Imagine owning your own slice of paradise, where every day feels like a vacation. These beach homes offer an unparalleled escape from the ordinary.

Beachfront Real Estate: Discover the allure of beachfront real estate in the Caribbean, where each property is a testament to architectural innovation and the beauty of coastal living.

Modern Beach Structures: These designs exemplify modern beach structures that harmonize with nature, creating a sense of tranquility and relaxation.

Architectural Fusion: Experience the fusion of architectural visionaries’ ideas with the natural beauty of the Caribbean, resulting in homes that are both striking and harmonious.

Coastal Paradise Residences: These beach homes represent more than just architecture; they embody the spirit of coastal paradise living at its finest.

As you immerse yourself in this video, you’ll witness the seamless integration of architectural brilliance and natural splendor. Whether you’re an architecture enthusiast, a beach lover, or simply someone with an appreciation for design, our video offers a glimpse into a world where dreams of Caribbean beachfront living are transformed into reality.

Like, share, and subscribe to stay connected with the captivating fusion of architectural inspiration and coastal allure. Your dream Caribbean beach home may be closer than you think.Incredible

If you are looking to buy the house of your dreamsContact Us  today we have it

by Rodrigo Madrid




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“Architectural Marvels: Designs Inspired by Enrico Prampolini’s Vision” by Propertiesbaymx

design inspired in enrico Prampolini

” Designs Inspired by Enrico Prampolini’s Vision” by Propertiesbaymx

Welcome to a unique journey into the realm of architecture, where Enrico Prampolini’s vision comes to life in each design. In this video, we will explore a collection of architectural designs that pay tribute to Prampolini’s enduring influence on 20th-century architecture. Enrico Prampolini was a pioneering artist and architect whose work transcended the boundaries between art and architecture. His artistic and futuristic vision has become an endless source of inspiration for contemporary designers and architects. These architectural designs capture the essence of his creative vision, seamlessly blending art and functionality in a unique way. Each structure reflects the influences of futurism, where dynamic forms and Prampolini’s unique aesthetics become the backbone of the design. From cutting-edge buildings with artistic facades to interior spaces that incorporate Prampolini’s innovative ideas, each architectural project is a testament to his lasting legacy. These designs are not only visually striking but also challenge architectural conventions to create efficient and aesthetically stunning spaces. This exploration of Prampolini’s influence on contemporary architecture reveals how his artistic concepts have left an indelible mark on today’s architectural landscape. Each design is an expression of creativity and a tribute to the futuristic vision he championed. Whether you’re an architecture enthusiast, an art aficionado, or simply someone who appreciates the convergence of art and architecture, this video will immerse you in a world where Prampolini’s avant-garde ideas become tangible structures. Join us on this journey through architectural landscapes inspired by the vision of Enrico Prampolini. Don’t miss this opportunity to explore creativity, innovation, and the lasting legacy of one of the most influential artists of the 20th century. Like, share, and subscribe to stay connected with the fascinating world of architecture inspired by Enrico Prampolini’s vision and other visionaries who continue to shape the future of our built environment.

Designs by Rodrigo Madrid

Incredible House for Sale in the Riviera Maya Area Contact Us today

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“Daniel Libeskind’s Architectural Vision Brought to Life | Inspiring Renders”

“Daniel Libeskind’s Architectural Vision Brought to Life | Inspiring Renders”



Daniel Libeskind’s Architectural Vision Brought to Life | Inspiring Renders into a world where architectural imagination knows no bounds! Join us in this mesmerizing video as we explore a stunning collection of renders inspired by the visionary work of renowned architect Daniel Libeskind.

Libeskind, known for his bold and avant-garde designs, has left an indelible mark on the world of architecture. In this visual journey, we showcase how his innovative and thought-provoking architectural vision is transformed into captivating renders.

Whether you’re a real estate enthusiast, an architecture aficionado, or simply someone who appreciates visionary design, this video offers a glimpse into the extraordinary fusion of art and structure. Join us as we celebrate the creative genius of Daniel Libeskind and its potential in the realm of real estate.

Don’t miss the opportunity to immerse yourself in the world of architectural inspiration. Like, share, and subscribe to stay connected with Propertiesbaymx for more captivating content celebrating the marriage of design and real estate.

 Inspired Renders with vision daniel L

is a visionary architect renowned for his architectural innovation, iconic designs, and enduring legacy in contemporary architecture. His work has left an indelible mark on the world, characterized by groundbreaking designs that blend architectural vision with innovative artistry. In this article, we will explore Daniel Libeskind’s architectural journey, his innovative designs, and the lasting impact he has made on the world of contemporary architecture.

A Creative Force in Contemporary Architecture

Daniel Libeskind’s career began with a profound passion for architecture and a unique perspective on the potential of design to shape the world. Over the years, he has become synonymous with architectural innovation, creating designs that transcend the ordinary and challenge traditional boundaries.

Innovative Designs and Architectural Vision:Daniel Libenskind

Libeskind’s architectural vision is a testament to his commitment to pushing the boundaries of what architecture can be. His designs are characterized by their distinctive and often unconventional forms, evoking emotions and narratives within the built environment. His ability to seamlessly blend art, emotion, and functionality sets him apart in the world of contemporary architecture.

Iconic Buildings and Modern Structures:

Some of Libeskind’s most iconic buildings have become landmarks in their own right. Structures like the Jewish Museum in Berlin, the Royal Ontario Museum in Toronto, and the World Trade Center Master Plan in New York City showcase his ability to create designs that resonate with people on both aesthetic and emotional levels. These modern structures stand as a testament to his architectural genius and enduring legacy.

Architectural Inspiration and Creative Renderings:

Daniel Libeskind’s work is a constant source of inspiration for architects, designers, and art enthusiasts worldwide. His ability to breathe life into innovative ideas and translate them into captivating architectural renders is a testament to his creative genius. Each project is a work of art in its own right, a fusion of architectural inspiration and imaginative design.

Libeskind’s Legacy and Contemporary Architecture:

As one of the most influential architects of our time, Daniel Libeskind’s legacy is one of innovation, creativity, and a relentless pursuit of architectural excellence. His designs continue to shape contemporary architecture, inspiring future generations to think beyond conventional boundaries and explore new horizons in design and urban landscapes.


Daniel Libeskind’s architectural vision, innovative designs, and enduring legacy have firmly established him as a pioneer in contemporary architecture. His ability to blend creativity, functionality, and emotion into iconic buildings and modern structures is a testament to his enduring influence on the world of architecture. As we continue to witness the impact of his work, it is clear that Daniel Libeskind’s architectural inspiration will shape the future of design for years to come.

by Rodrigo Madrid


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Zaha Hadid A Visionary Architect Redefining Modern Design

Zaha Hadid A Visionary Architect Redefining Modern Design

Zaha Hadid A Visionary Architect Redefining Modern Design




Zaha Hadid (1950-2016) was a pioneering architect whose bold and innovative designs reshaped the architectural landscape. Born in Baghdad, Iraq, she embarked on a remarkable journey that would see her become one of the most influential architects of the 21st century.

Hadid’s architectural journey began at the Architectural Association School of Architecture in London, where she developed her unique design language. Her early fascination with the Russian avant-garde and the dynamism of modernist design played a pivotal role in shaping her visionary approach.

Throughout her career, Hadid challenged conventional architectural norms, pushing the boundaries of what buildings could be. Her designs were characterized by fluid lines, dynamic forms, and a sense of movement that defied gravity. Notable works include the Vitra Fire Station in Germany, the Rosenthal Center for Contemporary Art in the United States, and the Heydar Aliyev Center in Azerbaijan.

Hadid’s architectural prowess extended beyond buildings to bridges, museums, and even entire city masterplans. Her commitment to innovation and aesthetics earned her numerous awards, including the prestigious Pritzker Architecture Prize in 2004.

Tragically, Zaha Hadid passed away in 2016, leaving behind a legacy of architectural innovation that continues to inspire architects, designers, and creatives worldwide. Her vision for the future of architecture and her ability to transform abstract ideas into tangible structures ensure that her influence on the architectural world remains enduring and profound.

Early Life and Career

Born in Baghdad, Iraq, in 1950, Zaha Hadid’s journey to becoming an iconic architect was marked by determination and a relentless pursuit of her architectural vision. She studied mathematics at the American University of Beirut before moving to London to study architecture at the Architectural Association School of Architecture. Hadid’s early fascination with the Russian avant-garde and the dynamic possibilities of architectural design laid the foundation for her groundbreaking work.

1. Vitra Fire Station, Germany

One of Zaha Hadid’s earliest masterpieces is the Vitra Fire Station in Weil am Rhein, Germany. Completed in 1993, this building exhibits her signature style characterized by angular shapes and fluid lines. The Vitra Fire Station is a prime example of Hadid’s ability to create dynamic, unconventional spaces within the constraints of a functional structure.

2. The Rosenthal Center for Contemporary Art, USA

Located in Cincinnati, Ohio, the Rosenthal Center for Contemporary Art, also known as the Cincinnati Contemporary Arts Center, is another iconic creation by Zaha Hadid. Completed in 2003, this building’s design is a testament to Hadid’s ability to challenge architectural norms. Its striking, curvilinear form captures the essence of modern art and seamlessly integrates with the urban fabric.

3. MAXXI – National Museum of 21st Century Arts, Italy

Rome’s MAXXI Museum, completed in 2009, is a testament to Zaha Hadid’s commitment to pushing the boundaries of architecture. The museum’s fluid, interconnected spaces challenge conventional museum design, creating a dynamic environment that mirrors the evolving nature of contemporary art.

4. Heydar Aliyev Center, Azerbaijan

Perhaps one of her most famous works, the Heydar Aliyev Center in Baku, Azerbaijan, completed in 2012, is a true architectural marvel. The building’s flowing, organic form defies gravity and creates a sense of motion, resembling a wave or a billowing curtain. This design symbolizes Hadid’s belief in architecture as an art form that can evoke emotions and tell stories.

5. The Beijing Daxing International Airport, China

Zaha Hadid’s architectural prowess extended beyond art galleries and museums to infrastructure. The Beijing Daxing International Airport, completed in 2019, is an engineering marvel that combines functionality with breathtaking design. Its starfish-shaped terminal is not only visually stunning but also optimized for passenger flow and convenience.

Legacy and Influence

Zaha Hadid’s untimely passing in 2016 marked the end of an era in architecture. However, her influence continues to shape the field, inspiring architects and designers worldwide to think beyond the traditional constraints of form and function. Her work challenged conventions, redefined spaces, and pushed the boundaries of what architecture could achieve.

In conclusion, Zaha Hadid’s architectural legacy is a testament to her boundless creativity and unwavering dedication to transforming the world through design. Her famous works, such as the Vitra Fire Station, the Rosenthal Center for Contemporary Art, the MAXXI Museum, the Heydar Aliyev Center, and the Beijing Daxing International Airport, will forever stand as symbols of innovation and inspiration in the world of architecture. Her visionary approach to architecture continues to inspire future generations to dream big and reshape the world through design.

by Rodrigo Madrid



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“Legal Procedures for Foreigners Buying Real Estate in Mexico”

"Legal Procedures for Foreigners Buying Real Estate in Mexico"

How do i acquire property in Mexico as a foreigner?

Buying real estate in Mexico can be an excellent investment, especially for foreigners from countries like the United States and Canada who are looking for an attractive and warm tourist destination to vacation, retire, or even live permanently. However, it’s important to note that there are several legal procedures that must be followed to acquire property in Mexico.

"Legal Procedures for Foreigners Buying Real Estate in Mexico"

First and foremost, it’s important that foreign buyers hire the services of a local attorney who is familiar with the procedures for buying real estate in Mexico. The attorney will be responsible for carrying out the necessary legal procedures to ensure that the purchase is made safely and legally.


"Legal Procedures for Foreigners Buying Real Estate in Mexico"


Once the desired property has been selected, the foreign buyer must obtain a permit from the Mexican government known as the “Permit to Acquire Real Estate.” This permit is issued by the Ministry of Foreign Affairs (SRE) and is mandatory for foreigners to acquire real estate in Mexico. The process of obtaining this permit can take two to three months and must be initiated by the buyer’s attorney.

The next step is the signing of the property purchase-sale contract. The contract must be written in Spanish and must be reviewed and approved by the buyer’s attorney to ensure that it complies with all local laws and regulations. The contract must include the purchase price, a detailed description of the property, payment deadlines, and all conditions and clauses related to the purchase-sale.

Once the contract has been signed, the buyer must pay a deposit into a trust account. This trust account is administered by a Mexican bank and acts as a guarantor between the buyer and the seller. The buyer will be the beneficiary of the trust and will have full control over the property, including the right to sell, rent or pass the property down to their heirs.

Real Estate Riviera Mya the best way to invest in riviera maya


Finally, the buyer must obtain the property title, also known as the “Public Deed.” This document is issued by a notary public and is the legal proof of ownership. The notary public will verify the validity of the purchase-sale contract and issue the public deed on behalf of the buyer. The buyer must pay the notary public fees and the corresponding property transfer taxes.

In conclusion, buying real estate in Mexico as a foreigner from the United States or Canada can be an excellent investment, but it’s important to follow all necessary legal procedures to ensure that the purchase is made safely and legally. Hiring a local attorney and obtaining the necessary permits and legal documents are the first steps to guaranteeing a successful transaction.

Yes, the real estate transaction is subject to the excecution of multiple legal documents, therefore it is important to have a real estate attorney to guide and advise you during the process.

Post By Ro Madrid

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Investment properties Puerto Aventuras

Puerto Aventuras

Investment properties Puerto Aventuras

One of the residential areas within the Mayan Riviera with the highest added value 
is undoubtedly Puerto Aventuras. 
In recent years, the properties have not stopped increasing in price and each month 
it continues to rise due to the high demand for properties in  Puerto Aventuras
with an strategic location. 20 km from Playa del Carmen and 30 from Tulum, 
it is an excellent option for those looking for a safe residential area 
outside of busier and less safe cities such as Tulum and Playa del Carmen, 
so having an investment property here is very profitable and has a high percentage of return on investment 
since the properties in the vacation rental area have 90% annual occupancy 
and as an investor you have options of companies that are dedicated to the sale and administration 
of investment properties for vacation rentals 
such as one of the best and most reliable real estate agencies in the area.
 Puerto Aventuras

If you are interested in investing in Mexico in an area of ​​high added value 
and where your property can give you a high percentage of annual return on investment and you are a foreigner, 
at propertiesbaymx we have professional advisors who will guide you throughout the purchase process 
and you are looking to have a high yield in vacation rentals in your property propertiesbaymx also has a 
property management office for vacation rentals

Puerto Aventuras. Puerto Aventuras

Ro Madrid


Veronica Manachova

Hi, I'm Veronika Manachova. Are you looking for a particular property in The Riviera Maya? contact me customer service (English Spanish Russian) Cell & Wtssp  984 115 71 09

Veronika Manachova Madrid - Real Estate Master Broker