This guide walks a first-time foreign buyer through the entire process of purchasing property on Banderas Bay, with links to the deeper resources on each step.
1. Decide where and why
Investment, lifestyle or both? Your goal sets the neighborhood. Start with our neighborhood guides and the best-areas overview.
2. Understand ownership
Foreigners own coastal property through a fideicomiso (bank trust) or, at scale, a Mexican corporation. This is normal and secure.
3. Budget the full cost
Add 5–8% for closing costs on top of the purchase price, plus furnishing if renting.
4. Assemble your team
A buyer's agent, a Mexican real estate attorney, a notario and a cross-border tax advisor protect your interests.
5. Due diligence and closing
Title search, the trust permit, and the notarized deed. Never wire funds without attorney guidance.
6. Operate the asset
On delivery, decide between short-term and long-term rental and line up property management.
Frequently Asked Questions
Yes. Foreigners legally own coastal property through a fideicomiso (bank trust) or a Mexican corporation.
A typical closing takes roughly 30–60 days, depending on the fideicomiso permit and due diligence.