Yes, foreigners, including those from the US, Canada, and the UK can buy a condo in Mexico. 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 an apartment in Mexico.
How many condos are for sale in Mexico?
There are currently 638 condos available for sale in Mexico on our site as of April 26, 2024 at 3:50 AM. There are 94 condos with 1 bedroom, 260 with 2 bedrooms, and 271 with more than 2 bedrooms, so there’s a condo in Mexico for everyone. We add listings to Far Homes often, so be sure to check back every day.
What is the average condo price in Mexico?
The average price of an apartment in Mexico is about $571,656 USD. In pesos, that’s $9,767,308 and in CAD, it would be about $783,387. It all depends on what you’re looking for, but you can still find condos for under $107,181 in Mexico.
What is it like to live in an apartment in Mexico?
Living in Mexico offers a unique blend of modern amenities and traditional Mexican culture. Mexico is known for its warm weather, beautiful beaches, and vibrant nightlife. Additionally, the cost of living in Mexico is relatively affordable compared to other international destinations, making it a popular choice for retirees and expats. Overall, living in Mexico offers an excellent quality of life, with access to world-class amenities and a relaxed, laid-back lifestyle.
