by Buying property in Mexico is one of the best lifestyle and investment decisions you can make, but like any major purchase abroad, it’s essential to understand the process. Whether you’re dreaming of a beachfront villa in Punta Mita, a smart home in Nuevo Vallarta, or a condo in Puerto Vallarta’s Romantic Zone, knowing what to look for can make all the difference.
At KW Signature Puerto Vallarta, we’ve guided hundreds of international buyers through every step of their real estate journey. Here are the top 5 things to watch out for when purchasing property in Mexico.
1. Legal Ownership: Understanding the Fideicomiso
If you’re not a Mexican citizen, you’ll likely need a Fideicomiso, a bank trust that allows foreigners to own property within the restricted coastal zone (50 km from the coast or 100 km from the border).
While the bank holds the title, you are the sole beneficiary with full ownership rights, meaning you can sell, rent, remodel, or will the property. The trust is renewable every 50 years and easily transferable.
✅ Pro Tip: Always use a reputable notario público (notary) and work with a real estate agent who’s experienced with international transactions.
2. Developer Reputation and Construction Quality
Mexico’s real estate market offers incredible presale opportunities, but not every developer upholds the same standards. Before purchasing, it is essential to evaluate a developer’s experience, review past projects, confirm permits, and ensure they have a track record of delivering on time and using high-quality materials, specially in coastal environments.
At KW Signature Puerto Vallarta, we are selective about the developers we choose to work with, partnering only with those who demonstrate transparency, strong building standards, and long term vision. Projects like Amore Mia Villas in Punta Mita and Balica Residences in El Tigre represent the level of quality and design we look for when recommending new developments to our clients.
We also value and collaborate with reputable builders in the region such as Gova Developments , known for delivering architecturally thoughtful communities throughout Vallarta and Bahía de Banderas with excellent construction practices and attention to lifestyle driven design.
✅ Pro Tip: Ask for a full developer dossier, including permits, legal documentation, construction timelines, and material specifications. Partnering with trusted teams ensures your investment is protected and designed to last.
3. Closing Costs and Ongoing Fees
While property prices in Mexico are generally lower than in the U.S. or Canada, it’s important to budget for closing costs, typically around 4–7% of the purchase price. This includes notary fees, bank trust setup, registration, and government taxes.
Also consider annual property taxes (predial), HOA dues, and, if applicable, membership fees for gated communities or country clubs.
✅ Pro Tip: Your KW Signature agent can provide a full cost breakdown before you make an offer, helping you avoid any surprises at closing.
4. Location and Accessibility
The beauty of Mexico’s Pacific coast is its diversity. Each area offers a unique lifestyle:
-
Puerto Vallarta: Urban energy, restaurants, and nightlife.
-
Nuevo Vallarta / El Tigre: Family-friendly luxury with golf and beach access.
-
Punta Mita: Ultra exclusive resort living with privacy and world class amenities.
When evaluating property, look beyond views, think about accessibility, infrastructure, and community amenities. Is the property near a hospital, supermarket, or the airport? These details can greatly affect both your enjoyment and resale value.
✅ Pro Tip: Take time to explore each neighborhood before buying.
5. Professional Guidance and Transparency
Perhaps the most important factor of all: work with professionals who put your interests first.
Your agent should:
-
Be licensed and registered with AMPI (the Mexican Association of Real Estate Professionals).
-
Provide bilingual contracts and clear explanations of every document.
-
Coordinate with notaries, lawyers, and banks to ensure full compliance.
At KW Signature Puerto Vallarta, we pride ourselves on transparency, trust, and results. Our team ensures every step of your transaction, from offer to closing, is secure, stress free, and fully legal.
✅ Pro Tip: Don’t hesitate to ask questions, a good agent will never rush you.
Final Thoughts
Buying real estate in Mexico can be one of the most rewarding experiences of your life, whether it’s for retirement, investment, or a new beginning by the sea.
When you work with a trusted team like KW Signature Puerto Vallarta, you’re not just buying property, you’re gaining a partner who understands both local laws and international expectations.
Ready to explore Real Estate in Puerto Vallarta, Nuevo Vallarta, or Punta Mita?
contact our team to start your secure and exciting buying journey today.
Join The Discussion