Riviera Maya Real Estate Buying Process for Foreigners in 5 Easy Steps. A Short Guide

Are you a foreigner looking to buy real estate in the beautiful Riviera Maya? Look no further! My Casa Real Estate, with our experienced and reputable buyer's representatives are here to guide you through the buying process at no additional cost. Whether you're looking for properties in Tulum, Playa del Carmen, or Akumal, we have you covered.

Here are the 5 essential steps to buying a property in the Riviera Maya as a foreigner:

Step 1: Choose a reputable buyer's representative who can show you all properties in the region. Don't settle for just a salesperson who wants to sell you a certain property they happen to have. A good buyer's representative will know the market well and provide you with several options so you can choose the property that best suits your needs.

Step 2: Once you've selected a property, take it off the market by reserving it with a reimbursable deposit of $5,000 in earnest money. This will protect your property while negotiations and due diligence are completed.

Step 3: Pay your attorney's retainer fee of about $1,200 to begin the due diligence process.

Step 4: Review the purchase promissory agreement and ask your attorney any questions you may have. Follow your attorney's instructions for your signature.

Step 5: Deposit the remaining down payment minus the $5,000 you put in earnest money and send a receipt of deposit with a tracking number for confirmation.

For a more in-debt look into the buying process email us at info@mycasa.mx or check out our 3 min video "Ultimate Guide to Buying Property in Riviera Maya: 5 Easy Steps for Foreigners" on YouTube.

With My Casa Real Estate, the buying process for foreigners in the Riviera Maya is simple and stress-free. If you have any questions, please don't hesitate to reach out to us. Thanks for reading our work, and let's be neighbors soon!