ENBuying guide
How to buy property in Yucatán
An overview of the process for foreign buyers. Every transaction is different, so your notary and advisor will confirm the details for your case.
Step by step
From first call to closing.
Define your goals
Budget, location, timing, payment method and whether you will live in, rent out or hold the property.
Shortlist and visit
We filter the market, then arrange in-person tours or live video walkthroughs.
Offer and deposit
Once terms are agreed, a written offer and a deposit secure the property.
Due diligence
Title, liens, permits, property tax and HOA status are reviewed before closing.
Ownership structure
Within 50 km of the coast, which includes Mérida and the beach towns, foreigners hold property through a bank trust (fideicomiso) or a Mexican company. The trust takes time to set up, so we start early.
Closing at the notary
In Mexico, a public notary formalizes the sale, calculates taxes and fees, and registers the deed.
This page is general information, not legal or tax advice. Requirements are confirmed by the notary public handling your transaction.
Frequently asked questions
Can foreigners own property in Yucatán?
Yes. Within the restricted zone near the coast, which includes Mérida, foreigners hold residential property through a bank trust (fideicomiso) or through a Mexican company.
Do I need to be in Mexico to buy?
Not for every step. Many steps can be handled remotely, and a power of attorney can be used for closing. Your notary will confirm the requirements for your case.
What closing costs should I expect?
Closing costs include acquisition tax, notary fees, registration and trust set-up costs when applicable. Your notary provides an estimate before closing.
ENTalk to a bilingual advisor
Questions about buying?
We reply by WhatsApp or email, in English, usually within one business day. We can also arrange a video call or a private tour.