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Considering a Move to Riviera Maya?

Through our bespoke program, discover and acquire extraordinary properties in Cancun & Riviera Maya. 

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About Us

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.

Prime Locations

  • Cancún
  • Playa Del Carmen
  • Puerto Morelos
  • Tulum
  • Costa Mujeres
  • Riviera Maya

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Where lifestyle meets luxury and sea.

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Where lifestyle meets luxury and sea.

 

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Foreign Buyer FAQs: Simplified

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

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See Why Our Clients Say

Testimonials

"Super professional, helpful, and capable! Highly recommended."
"Super professional, helpful, and capable! Highly recommended."
E. R.
"They helped me with the search for my house, and we love where we live."
"They helped me with the search for my house, and we love where we live."
Vania R.
"Élevée is for me a world-class real estate agency. Their good service and quality of customer service is something worth highlighting. In my personal experience, I was abroad, and despite the difficulty due to schedule changes and distance, my questions and doubts were always answered very promptly. This helped me a lot to be able to acquire my property in the time I had planned. Something that fascinated me about Élevée. is the large number of options they provide to find the property of your dreams, always sticking to your budget. In this real estate agency you will always feel accompanied and supported in your search, negotiation, purchase, and deed process. Thank you very much for helping us find the house of our dreams."
"Élevée is for me a world-class real estate agency. Their good service and quality of customer service is something worth highlighting. In my personal experience, I was abroad, and despite the difficulty due to schedule changes and distance, my questions and doubts were always answered very promptly. This helped me a lot to be able to acquire my property in the time I had planned. Something that fascinated me about Élevée. is the large number of options they provide to find the property of your dreams, always sticking to your budget. In this real estate agency you will always feel accompanied and supported in your search, negotiation, purchase, and deed process. Thank you very much for helping us find the house of our dreams."
David H.
"The staff is very accommodating with your schedule and attentive to your needs. They also have a wide variety of options that are hard to choose from; you want them all. 100% attention to detail. Totally recommend!"
"The staff is very accommodating with your schedule and attentive to your needs. They also have a wide variety of options that are hard to choose from; you want them all. 100% attention to detail. Totally recommend!"
Dario O.
"Very professional. They manage beautiful properties."
"Very professional. They manage beautiful properties."
Ruth S.
"Very attentive and very kind, they explain everything very well, and I consider them to be professionals in this field."
"Very attentive and very kind, they explain everything very well, and I consider them to be professionals in this field."
Karina N.
"Very professional and attentive, they helped me find my apartment, and I was super happy. I especially recommend Diana, who was the one who was with us in this search from start to finish."
"Very professional and attentive, they helped me find my apartment, and I was super happy. I especially recommend Diana, who was the one who was with us in this search from start to finish."
Jael L.
"I must highlight that the service of our advisor was the best, always willing to help us find what we were looking for and with unmatched kindness, I leave happy with the service they offered us, we leave delighted with the experience."
"I must highlight that the service of our advisor was the best, always willing to help us find what we were looking for and with unmatched kindness, I leave happy with the service they offered us, we leave delighted with the experience."
Ben D.
"Diana is a broker who assisted us; she is excellent, what a quality person, super attentive, mega committed, and has incredible properties."
"Diana is a broker who assisted us; she is excellent, what a quality person, super attentive, mega committed, and has incredible properties."
Julio T.
"Excellent service, they have a variety of properties. Great advice!"
"Excellent service, they have a variety of properties. Great advice!"
Ana P.

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