Questions Worth Asking Before You Buy

A developer sales office represents one project's inventory. Buyer-focused representation starts with your objectives and compares relevant options across developers and resale properties. The goal is to narrow the market before you spend time touring it.

Many transactions can be coordinated remotely using verified documentation and properly prepared powers of attorney when required. The exact process depends on the transaction and closing professionals. Remote convenience should never replace property, contract, and developer due diligence.

Yes. Foreign buyers can legally acquire residential property in Mexico. Because Cancun is within Mexico's restricted coastal zone, foreign buyers commonly hold the beneficial rights through a Mexican bank trust called a fideicomiso. Obtain independent legal and tax advice for your specific situation.

A fideicomiso is a renewable Mexican bank trust commonly used by foreign buyers to hold beneficial rights to residential property within the restricted zone. The buyer selects beneficiaries and may generally use, lease, improve, sell, or transfer those rights subject to the trust and applicable law.

Closing costs vary by transaction, property value, municipality, trust requirements, taxes, and professional fees. Buyers should request a written estimate from the notary and closing team before committing. Do not base a purchase decision on a generic percentage alone.

That depends on intended use, budget, lifestyle, walkability, marina or beach access, rental strategy, travel patterns, privacy, and resale priorities. Puerto Cancun, the Hotel Zone, central Cancun, Playa del Carmen, Puerto Aventuras, and Tulum serve different buyer profiles.

No. Rental projections are estimates, not guarantees. Evaluate assumptions for occupancy, nightly rates, seasonality, management fees, HOA, utilities, maintenance, taxes, replacement reserves, and local rental rules. A credible analysis includes downside scenarios and an exit strategy.

Review the developer's experience, land and permitting documentation, contract terms, payment schedule, delivery conditions, construction progress, specifications, cancellation remedies, HOA assumptions, property-management plan, and total acquisition cost. Use qualified independent legal counsel.