Houses, Condos & Land for Sale and Rent in Cancun

The typical process begins with property search and visits, followed by a formal offer, signing of a purchase agreement, and an initial deposit. A legal review of the property (due diligence) is then conducted, and the transaction closes with the signing of deeds before a Notary Public. At Avela Realty, we walk you through each step so the process is clear and free of surprises.

Yes. Foreign nationals can purchase real estate in Mexico's coastal zone through a Bank Trust (Fideicomiso), a legal instrument governed by the Foreign Investment Law. The trust is set up with an authorized Mexican bank acting as trustee, granting the foreign buyer all rights to use, enjoy, and dispose of the property. It is a standard, well-regulated process widely used throughout Cancun and the Riviera Maya.

In the Mexican real estate market, brokerage and advisory fees are covered by the seller or developer, not the buyer. This means you can receive full guidance, property search assistance, and support throughout the entire process at no extra cost to you. If you're looking to list or sell your property, we discuss terms on the first call.

The timeline depends on the type of transaction. A cash purchase can close in 30 to 45 business days. If it involves a bank trust for foreigners or a mortgage, the process can take between 60 and 90 days, depending on the bank and the legal status of the property. A thorough legal review before signing is essential to avoid delays.

Due diligence is the legal, registry, and technical review of a property before formalizing a purchase. It involves verifying that the property has no outstanding debts, liens, or pending litigation at the Public Property Registry, that building permits are in order, and that there are no zoning conflicts or communal land history. It is an essential step to protect your investment and avoid future complications. We advise you so this process is carried out properly.