Cancún Real Estate

Yes, foreigners, including those from the US, Canada and the UK can buy a home in Cancún.
There are a few extra steps you’ll need to take including fidecomisio and understanding how home financing works in Mexico. But if you’re paying with cash, which is the most common way real estate is bought in Mexico, you’ll have no trouble purchasing homes for sale in some of the best areas of Cancún.

The average home price in Cancún varies depending on the location, size, and type of property you're looking at. Currently, the average price of a home in Cancún ranges from $150,000 USD to $600,000 USD (see our most current Cancún listings above). However, there are also high-end properties that can cost upwards of $1 million USD. According to The Cancún Sun the average price of a home in Cancún is currently about $250,000USD or about $5M MXN.

Cancún is also near some of the hottest places in Mexico including Playa del Carmen at 68.2 kilometers (42.4 miles) away, Puerto Morelos 33.6 kilometers (20.9 miles) south of Cancún, and further away but still within a day’s drive, Tulum located approximately 131 kilometers (81.4 miles) south of Cancún. A new train system and airport will link all of these places soon. Each of these locations has its unique charm and amenities, making them popular with expats and locals alike.

The Cancún real estate market is relatively affordable compared to the US and Canada. While prices have been steadily increasing over the past few years, real estate in Cancún still offers excellent value for money. Additionally, Mexico's low cost of living and favorable tax laws make it an attractive option for those looking to invest in real estate.

Living in Cancún offers a unique blend of modern amenities and traditional Mexican culture. The city is known for its warm weather, beautiful beaches, and vibrant nightlife. Additionally, the cost of living in Cancún is relatively affordable compared to other international destinations, making it a popular choice for retirees and expats. Overall, living in Cancún offers an excellent quality of life, with access to world-class amenities and a relaxed, laid-back lifestyle. Read our guide to living in Cancún.