Buying property in Mexico is an exciting opportunity for foreigners looking to invest, retire, or relocate. However, many buyers unknowingly make mistakes that can result in legal trouble, financial losses, or unnecessary stress. Fortunately, most of these problems are avoidable with the right guidance and preparation.

Don’t Skip the Legal Due Diligence

One of the most common mistakes is failing to verify the legal status of the property. Always make sure the seller provides a clear title, receipts of paid taxes, utility bills, and any relevant condominium or maintenance fees. If the property has a mortgage, legal claims, or unclear ownership, it could delay or even cancel the transaction. An experienced notary public will confirm that the title is clean and that the property can be legally sold.

Understand the Restricted Zone and Trust Requirements

Foreigners are not allowed to directly own land within 50 kilometers of the coast or 100 kilometers of the border. If the property is in this area, you will need to purchase it through a trust (fideicomiso). Some buyers try to bypass this requirement, but doing so puts your investment at serious legal risk. The trust allows full use, sale, and inheritance rights, and is renewable every 50 years. It is a secure and widely used legal instrument.

Get a Proper Appraisal and Know Your Taxes

Another frequent error when buying property in Mexico is ignoring the importance of a formal appraisal. This valuation affects how much tax you will pay and protects you from overpaying. Also, be aware of acquisition tax, gain tax, notary fees, and registration costs, which vary by location. Failing to budget for these expenses can lead to unpleasant surprises.

Protect Your Investment with Professional Support

Buying property in Mexico is easier and safer when you have legal professionals by your side. At Notaría 129 in Yucatán, we help you avoid costly mistakes, verify all documents, and handle every legal step with care and clarity. Contact us for personalized assistance and make your investment with complete peace of mind.