Contact
Office
LUIS DONALDO COLOSIO MURRIETA
BLVD CUMBRES LOTE 1
CANCUN QR MEXICO 77560
Through our bespoke program, discover and acquire extraordinary properties in Cancun & Riviera Maya.
Élevée Legacy Collection is a premier luxury real estate agency dedicated to curating and marketing Mexico’s most exclusive properties, with a special focus on the breathtaking Riviera Maya.
We bring an elevated standard of service, blending international sophistication with deep local expertise to deliver exceptional results for discerning buyers, investors, and developers.
With years of experience in high-end real estate, our team is driven by a passion for architecture, lifestyle, and legacy. We specialize in showcasing unique homes, beachfront villas, resort residences, and private developments that define luxury living in Mexico.
Our mission is to connect visionary clients from around the world with extraordinary properties, while offering a personalized, seamless experience rooted in trust, integrity, and excellence. From curated marketing strategies to white-glove client service, Elevée is where exclusivity meets expertise.
Elevate your Legacy with us.
Where lifestyle meets luxury and sea.
Where lifestyle meets luxury and sea.
Everything You Need to Know About Buying in Mexico
Yes, international buyers can legally own property in Mexico, including in Cancun & Riviera Maya. Properties located within the restricted zone (50 km from the coast or 100 km from the border) must be acquired through a fideicomiso (bank trust) or a Mexican corporation.
A fideicomiso is a bank-administered trust that enables foreign nationals to purchase property within the restricted zone. While the bank technically holds the title, the buyer retains full ownership rights—including the right to sell, lease, remodel, or bequeath the property.
Yes. Foreigners may establish a Mexican corporation to acquire property. This option is ideal for commercial ventures or income-generating rentals, as it allows multiple partners and eliminates the need for a fideicomiso.
Closing costs typically range from 5% to 8% of the property's purchase price and may include:
Notary fees
Transfer tax (~2%)
Bank trust setup ($2,000–$3,000 USD)
Legal and administrative fees
Optional title insurance
Ongoing ownership expenses include:
Property taxes (Predial): Low compared to Canada (~0.1% annually)
Fideicomiso fees: ~$500–$800 USD per year
HOA dues: If applicable, depending on the development
Utilities and maintenance: Varies by property size and usage
Yes, foreign owners can rent their property short-term through platforms like Airbnb or VRBO, provided they:
Obtain a local rental license
Comply with municipal regulations
Report and pay taxes on rental income
Note: Some developments have rental restrictions—verify before purchasing
While most transactions are cash-based, buyers may explore:
Developer financing: Short-term, often with higher interest
Home equity loans from Canada or the U.S.
Mexican bank mortgages: Available with specific qualification
Capital Gains Tax: Up to 35% on profits upon sale (deductions or exemptions may apply)
Rental Income Tax: Taxable and must be declared through registration with SAT, Mexico’s tax authority
Though not mandatory, title insurance is advisable. It provides protection against legal disputes or title irregularities and adds peace of mind for foreign buyers.
Yes. Riviera Maya and Cancún remain among Mexico’s strongest and most resilient real estate markets due to their tourism-driven economy and consistent rental demand. To ensure a secure investment:
Conduct proper due diligence
Partner with a trusted real estate advisor and legal team
Verify clear title and legal standing of the property