Investing in real estate in Mexico as a foreigner is absolutely possible—and increasingly common. Destinations like Puerto Morelos, in the stunning Riviera Maya, have become favorites thanks to their quality of life, tropical climate, and strong investment potential. If you’re considering purchasing a condo in developments like Selva Escondida II, here’s a breakdown of the key aspects you need to know before making your decision.
Can Foreigners Buy Property in Mexico?
Yes. According to Mexican law, foreigners can purchase property in the country. However, if the property is located within the so-called “restricted zone” (50 km from the coastline or 100 km from the borders), as is the case with Puerto Morelos, the purchase must be made through a bank trust (fideicomiso).
You can find more details on the official site of the Mexican Ministry of Foreign Affairs:
Government of Mexico – Foreigners’ Trust
What Is a Bank Trust (Fideicomiso)?
It’s a legal agreement through which a Mexican bank acts as trustee of the property. Although the bank holds the legal title, you as the foreign buyer retain all rights to use, sell, rent, or pass on the property. The trust is valid for 50 years and is renewable.
What Are the Benefits of Investing in Puerto Morelos?
Puerto Morelos is a growing destination that offers the charm of a coastal town with easy access to major cities like Cancún and Playa del Carmen. Developments like Selva Escondida II offer high-value condos, premium amenities, and a growing international community.
Why Is Selva Escondida II an Ideal Option?
Strategically located in the Riviera Maya, Selva Escondida II is a unique opportunity for a secure investment in a peaceful natural environment. Featured amenities include:
- Swimming pools for adults and children
- Pickleball court
- Outdoor gym
- Yoga and reading area
- 24/7 security and controlled access
- Green spaces and pet-friendly areas
These features not only improve your quality of life but also increase the long-term value of your property.
Final Recommendations
- Make sure to have legal and notarial advice from real estate specialists.
- Verify that the development has updated permits and a clear registration history.
- Choose projects with a proven track record, such as Selva Escondida II, for greater peace of mind.
- Consider additional costs such as taxes, maintenance, and trust fees.
Conclusion
Buying a condo in Mexico as a foreigner is a smart investment—especially in destinations like Puerto Morelos in the heart of the Riviera Maya. Being well-informed and choosing a trusted development like Selva Escondida II ensures peace of mind, profitability, and the chance to live steps away from the Caribbean Sea.
