A Specialized Attorney: A Tool of Legal Certainty in a Real Estate Transaction

Posted by MexLaw

The real estate market has become more competitive and presents greater difficulties to settle a real estate transaction due to external factors such as economic situations, crime rates, social-political facts along with the typical uncertainties and challenges of acquisition itself. Foreigners lack knowledge regarding the process of purchasing property overseas, and many questions arise: How can a foreigner acquire property in Mexico? What are the steps of obtaining the title deed of the property? Is the seller entitled to sell the property? Who will be involved in the transaction and what are the functions of each? Can the seller guarantee...

20 March

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Mexico Ranks Number One in Online Real Estate Search

Posted by Mexlaw

in MexLaw, Real Estate

When people living in the US are searching for a second home to purchase, Mexico appears to be the favorite investment location. The real estate website Point2Homes researched the most popular real estate searches of people living in the US and looking for a second home. Their article states that they tracked the Google searches from January 2017 to January 2018. Their research included keywords, homes for sale abroad and in countries in the Americas. The most popular search was Mexico at 63,890 monthly searches from US users. 64,000 monthly searches for real estate in Mexico during 2017, ranking it...

14 February

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Real Estate Guide

Posted by Zoltan

[vc_row triangle_shape="no"][vc_column][mkd_separator type="with-icon" animate="yes" color="#c18f59" width="195px" top_margin="20" bottom_margin="30" custom_icon="6694"][vc_column_text] Complete Guide to Buying Property in Mexico [/vc_column_text][vc_empty_space][vc_column_text]Foreigners should exercise a higher level of caution and discernment when purchasing property in Mexico. Than being said, it should not discourage you from purchasing property in Mexico. It will probably be the best investment that you will make. Nevertheless, as the saying goes, “buyers beware”.[/vc_column_text][vc_empty_space height="12px"][vc_column_text]It is not enough to ask questions and to read articles on the Internet. Buyers should be aware of what the proper, legal and customary process is in order to purchase property, and any deviation from this process should be...

02 February

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Avoiding Online Real Estate Scams in Mexico

Posted by Mexlaw

in Legal Services, MexLaw, Real Estate

Researching properties online is a great way to get an overall view of available properties in Mexico. It is exciting to search and dream about purchasing one of the amazing vacation homes featured on the net. The internet is also a great tool to search for the most popular areas, or if you prefer the most secluded properties and obtain the general price range of your new home. However, there are many online real estate scams, here are a few pointers from our Mexican Real Estate Legal Team on how to avoid them. Do not engage with an online “seller”...

26 January

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Love, Marriage and Real Estate in Mexico

Posted by Mexlaw

in Immigration, Legal Services, MexLaw

February 14th marks the annual day of love and romance, and in Playa del Carmen it is also a day of Bodas Colectivas (collective wedding), a mass wedding sponsored by the Solidaridad municipality on Valentine's Day. It will be a beautiful day for many happy couples, and although it is an exciting event in one's life, we have to play devil's advocate and suggest some legal considerations for married couples in Mexico. Permission to Marry a Mexican National Foreigners marrying Mexican nationals require the approval of the Mexican Migration office. The document is called "Permiso para contraer matrimonio con un nacional," and...