Buying, real estate Mexico

Buying real estate Mexico can seem like a daunting task to foreigners, but when you work with the agents at Moskito we are with you, every step of the way of your Mayan Riviera real estate transaction:

The condensed version of the process of buying Riviera Maya and Tulum real estate:

  1. Find a place among all the houses and condos for sale in Playa del Carmen, Tulum lots for sale, tulum condos, Puerto Aventuras condos and great pieces of Mayan Riviera real estate that Moskito has to offer , draft an offer through your agent, and come to an agreement with the seller on the price. During this process your agent at Moskito will guide you on how to get the best deal.
  2. Once all the documents are in order, the promissory purchase agreement is signed and a down payment is paid to the seller. This is between 10 and 30% of the purchase price.
  3. After the promissory purchase agreement of your real estate Riviera Maya is signed, the notary collects important documents from the buyer and the seller to put everything in order for the closing. The trust or fideicomiso is created during this time. The notary plays a very important role in putting everything together and making sure the property is ready to be transferred.
  4. 45-60 days after the promissory purchase agreement, the closing occurs at the notary’s office.
  5. Congratulations, you are now the lucky owner of a beautiful piece of Mayan Riviera real estate!
  1. 7-10 days of due diligence is performed by your attorney to ensure all documents are in order and there will be no problem with transfer of title to the new buyer.

If you live out of the country and can’t plan a trip to come back to sign the documents at closing, you can create a power of attorney and have someone else sign the closing documents for you. This is a common process; a Moskito agent can be your power of attorney and help get everything closed.

This is just a high level overview of the buying process; working with Moskito Real Estate you will be able to ask questions along the way and we will do our best to make this a smooth and easy transaction for you.