11/09/2025
* Foreigners can buy all types of property in Los Cabos (houses, condos, land) using a fideicomiso (bank trust)—required for purchases within 100km of the border and 50 km of coastline. The trust is valid for 50 years and can be renewed. Alternatively, you can set up a Mexican corporation for investment properties, which allows direct ownership.
* Legal and professional help is crucial: Work with a bilingual real estate attorney and a notario público (government-appointed notary) for safe transactions. The notario handles official deed registration and title transfer. Your own attorney protects your interests; expect fees of $2,000–$5,000 USD for attorney services and 0.5–1% of purchase price for the notario.
* The buying process: Typically takes 45–75 days, involving due diligence (title/lien search, tax status, survey), application for the fideicomiso, and final closing at the notario's office. All documents must be in Spanish. Title insurance is available but not standard practice; careful due diligence is essential.