Buying a house is one of the most important steps in anyone’s life. Whether you’re thinking about becoming independent, starting a family, or investing, here’s a simple guide on how to buy a house in Mexico and the steps you need to follow to do it safely and successfully.

1. Define your budget and payment method

Before searching for a property, you must know how much you can afford.Consider:

• ✓ Savings available for the down payment (at least 10–20%)

• ✓ Monthly payment capacity (if using a loan)

• ✓ Notary fees and taxes (approximately 5–7% of the property value)

2. Decide whether to pay in full or use financing

The most common financing options in Mexico are:

• ✓ Bank mortgage loans

• ✓ INFONAVIT or FOVISSSTE (if you are enrolled)

• ✓ Cofinanced credit (a mix of bank + INFONAVIT)

• ✓ Direct financing with the developer

3. Look for properties and verify their legal status

When visiting homes, ask for the following:

• ✓ Copy of the deed and property tax receipt

• ✓ Certificate of no liens

• ✓ Floor plan or sketch of the property

• ✓ Seller’s identification

Avoid legal problems by buying only regularized properties.

4. Preliminary contract ensures commitment between buyer and seller:

This contract establishes:

• ✓ Total price

• ✓ Down payment

• ✓ Time frame for signing the deed

• ✓ Penalties for breach of contract

5. Formalize the deed before a notary

The purchase must be formalized with a notary public, who:

• ✓ Verifies all documentation

• ✓ Calculates taxes (capital gains tax, transfer of ownership)

• ✓ Drafts and registers the public deed

• ✓ Processes the ownership change at the Public Registry

6. Final signature and handover

Once the deed is signed and full payment made, the house is handed over to you with:

• ✓ The keys

• ✓ Utility receipts

• ✓ A notarized copy of the deed

Trust the local experts

At Zihuabello Bienes Raíces, we’ve spent the past 36 years helping families and investors find their ideal property in Ixtapa Zihuatanejo. We know every corner of this destination and offer an exclusive catalog of beachfront homes, residential properties, land, and investment opportunities.

⛱️ If you dream of living or investing in paradise, we’ll guide you every step of the way.

📞 Contact us and take the first step with the confidence of being supported by true experts.

Zihuabello Bienes Raíces

Your home in paradise starts here.