Yes. Foreigners can buy property in Mexico, including Mérida. If buying in the “restricted zone” (within 50 km of the coast or 100 km from the border), ownership is through a Fideicomiso (bank trust). This allows full property rights like living, selling, or renting
A Fideicomiso is a trust agreement with a Mexican bank where the foreign buyer is the beneficiary.
Costs (2025 examples): Permit ~19,000 MXN, Bank setup ~USD $500, Annual fee ~USD $500.
It allows expats to own property legally in restricted zones. If you become a Mexican citizen, you can later hold the title directly
Real Estate Agent – We will help you until you find the right property.
Attorney – Ensures legal protection.
Bank – Manages Fideicomiso.
Notary – Registers the property transfer with the Mexican government.
Mérida Centro – Colonial homes, walkable lifestyle, cultural immersion.
Mérida Norte – Modern homes, gated communities, family-friendly.
Beach towns (Progreso, Telchac, Chicxulub, etc.) – Relaxed coastal lifestyle but higher property maintenance
Do you provide any after-purchase services?
We don't directly offer any other services but have set up a network of all the providers our clients may need. Property Managers, Builders, Financial Advisors, Immigration Attorneys etc.
How can I start the process with Boutique Living?
Fill up the form in our "Contact Page" to get in contact with our team. Filling out the form, will also provide you with our Luxury Real Estate Guide. You can also email us or text us using the information below or book a consultation with one of our Real Estate Agents.