Buying Property in Mexico
Our Online Tutorial
Do you have that favorite spot in Mexico? Cervezas, tequila, sunshine, ocean breezes, breathtaking views? Wherever it is in Mexico our online tutorial can help you understand what you need to know about buying property in Mexico. While we are realtors in Los Cabos and focus on our backyard, this tutorial covers what you need to know and arms you well to start looking for property and a good realtor to help you live your dream of a home in Mexico. This tutorial covers buying in “Tourist Zones”. If you are not buying in a Tourist Zone a few things will be different. Most expat buyers will be buying in Tourist Zones.
The online tutorial covers:
Understanding your lifestyle and priorities – this helps you decide whether a house or condo and where its located are right for you
Property Ownership – just exactly how you own, more the same than different from home
The Fideicomiso – your property title in Mexico
Home Financing Options – options where you can’t afford to pay cash
How Seller Financing is secured in Mexico
Property Zoning – specific to Los Cabos but important anywhere you buy
Securing your Ocean View – everybody loves the ocean view, read about how to minimize the risk of that view changing
Property Transfer Tax – upfront when you buy
Annual Property Tax – a fraction of what you might expect
Capital Gains Tax – important to know when you sell and how to prepare for it
Preparing for a successful property buying tour – what to know well in advance of coming to Los Cabos
The Purchase Process – how you go from offer to keys!
Early Possession – Can’t wait to get into your Cabo home? There’s a process for early possession here.
Closing Costs – in addition to Property Transfer Tax there’s some other costs
Pre-construction – Risks & Rewards – make sure Pre-Construction is right for you.
Important mistakes to avoid when buying – tips to a great buying experience
Lastly, our Living section offers tips and advice for living in Los Cabos, many of which will apply elsewhere in Mexico.
Have a look at the following video that guides you through the tutorial and then click on the button below it to get started.