Baja Real Estate
before has it been easier and safer for foreigners to purchase
real estate in the Baja. Mexican President Alvarez wrote a decree
in 1971 allowing Mexican banks to hold property in trust for foreigners.
This Beneficial Trust is called the Fideicomiso and is can be thought
of as your property deed, as issued in the United States and Canada.
Rest assured that as the owner of real estate in the Baja, you
have full ownership rights. You may use and enjoy, build, rent,
will or sell the rights in the trust anytime, conforming only to
the general laws of Mexico. The term of the trust is 50 years,
and is automatically renewable by law.
Cabo Real Estate Financing
Using your Baja property as collateral, American and Canadian
mortgage companies now offer long term, fixed rate financing for
the purchase of real estate, often with as little as 20% to 30%
down. Title insurance is available on all eligible properties from
Fidelity Global Solution, First American Title, Stewart Guarantee
Title, Chicago Title, and Lawyers Title Insurance, helping to make
your vacation or retirement home in the Baja both affordable and
Baja and Cabo San Lucas Real Estate Inquiry
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real estate in the Baja.
Baja Real Estate FAQ
Can foreigners purchase property in Baja California, Mexico?
Yes, foreigners can purchase Baja real estate. If the property
lies within a "restricted zone" such as along borders
or in coastal areas, it must be purchased via the "fideicomiso" (bank
trust). This trust gives you the same rights and obligations as
How do I establish a fideicomiso?
A fideicomiso must be setup by a notario/notary public. Your real
estate agent should be able to recommend a notario, as well as
a bank to administer it. Many real estate agents work with one
notario, who in turn works with one bank, but note that you are
able to make your own selections. Costs will vary from notario
to notario and from bank to bank. Investigate your options and
get estimates from a few different notarios and banks.
How do I find a reliable real estate agent that specializes
in Baja real estate?
Ask lots of questions, and interview several different agents
and/or brokers. While agents will tell you that you don't need
a lawyer to complete a real estate transaction in Mexico, you might
find it comforting to have a lawyer on side to protect your interests.
Can I buy Baja real estate now, but leave it vacant until
Yes, simply forge a relationship with one of the many property
management companies in Baja. If desired, property managers can
put your home into their vacation rental pool so that your property
is generating some revenue in your absence.