Can you own property in Mexico if you’re not Mexican?
Yes, you can own Mexican property as a non-Mexican. The Mexican government passed a law that allows foreigners to buy real estate in certain areas of Mexico. A ‘Fideicomiso‘ or trust agreement between the buyer and a Mexican Trust Bank is necessary.
Average housing price in Mexico in 1st quarter 2021
(in 1,000 Mexican pesos)
Average housing price in Mexico from 2018 to 2021 (in 1,000 Mexican pesos)
The average price of houses in Mexico has risen by 40% in only 4 years from 2018 to 2021. This is a significantly high increase in appreciation.
Further reading:
How to Buy Property in Quintana Roo, Mexico
Guide to Buying Beachfront Property in Riviera Maya of Quintana Roo Mexico
Is buying a beach condo in Tulum Mexico a good investment?
5 Reasons to Invest in Real Estate in Riviera Maya Mexico