2006-07-05 17:45:16 · 4 answers · asked by Anonymous in Travel ➔ Mexico ➔ Ixtapa-Zihuatanejo
Very different than buying in the US ... and I wouldn't think of buying Ejido property. Zihua is also a popular area so will not be cheap.
http://sparks-mexico.com/Assorted/realestate/realestate-mex.htm
2006-07-06 02:19:32 · answer #1 · answered by sparks_mex 6 · 0⤊ 0⤋
Only Mexican citizens can own property within a set distance of coastlines and borders. You'll need to set up a corporation or a bank trust to get around that law.
You can check this out about the regulations and how non-residents can own property with in the restricted zones:
http://www.jensyucatan.com/eng_buying.php
2006-07-06 08:14:02 · answer #2 · answered by Rockin' Mel S 6 · 0⤊ 0⤋
I don't think buying a house will be your problem but the cost may set you back a bit. Maybe not? Do you have any preference for which town you'll be investing? They certainly are contrasts in old and new.
2006-07-05 23:23:14 · answer #3 · answered by gamerunner2001 6 · 0⤊ 0⤋
Yes, except for the cost.
2006-07-05 17:52:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋