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Closing the Deal: A Guide to Real Estate Transactions in Mexico

Updated: May 7

Closing the Deal: A Guide to Real Estate Transactions in Mexico

Investing in real estate in Mexico can be an excellent way to diversify your portfolio, generate rental income, or enjoy a vacation home in a tropical paradise. However, navigating the legal process and complexities of the Mexican real estate market can be challenging for foreigners.

At Gómez Pérez y Asociados, our team of experienced real estate lawyers is dedicated to guiding you through every step of the transaction, from finding the ideal property to signing the final contract and registering the property.

What to consider when buying a property in Mexico?

  • Foreign ownership restrictions: Mexican laws restrict foreign ownership in restricted areas. We advise you on areas where foreign ownership is allowed and the options available to acquire properties in restricted areas.

  • Property types: Explore the different property options available in Mexico, from beachfront condos to rural land, houses in magical towns, and commercial properties.

  • Due diligence: It is crucial to conduct a thorough investigation of the property to verify its legal title, liens, permits, and any other situation that may affect the transaction.

  • Purchase process: We guide you through the purchase process, including drafting the purchase agreement, negotiating the price, opening a trust account, and signing the deeds before a notary public.

  • Taxes and costs: Be aware of the taxes and costs associated with buying a property in Mexico, such as the real estate acquisition tax, registration fees, and notary fees.

Gómez Pérez y Asociados: Your legal ally in Mexico

With our extensive experience in real estate transactions, we offer you a comprehensive and personalized service that includes:

  • Legal advice: We provide you with expert legal advice at all stages of the purchase, from finding the property to the final registration.

  • Negotiation: We negotiate on your behalf to obtain the best possible price and protect your interests.

  • Document preparation: We draft and review all legal documents necessary for the transaction, including the purchase agreement and the deeds.

  • Representation: We represent you before the Mexican authorities and assist you in signing the deeds before a notary public.

  • Translation: We offer professional translation of legal documents into Spanish or English.

Contact us today and let us guide you safely and confidently in your real estate investment in Mexico.

Gómez Pérez y Asociados

Phone: +52 322 221 3037Puerto Vallarta, México

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