Expect to pay 4–7% of the purchase price in closing costs (notary fees, taxes, trust setup).
Always hire a reputable, AMPI-certified real estate agent and an independent attorney to handle due diligence. The Purchasing Process TIPS TO BUYING REAL ESTATE IN PUERTO VALLARTA! buying property in puerto vallarta
Buying property in Puerto Vallarta is a popular, secure, and straightforward process for foreigners, provided you navigate the legal framework correctly. Foreigners can own property, but within 50 km of the coast (a "restricted zone"), they must use a bank trust (fideicomiso) or a Mexican corporation. Expect to pay 4–7% of the purchase price
Foreigners can hold title via a fideicomiso (50-year renewable bank trust) or a Mexican corporation. trust setup). Always hire a reputable
The purchasing process generally takes 30–90 days .