We will find your new dream home in less than a month! We will help you during the entire process and even afterwards!
Our properties
About Us
Welcome to CaribKey Homes – Where Your Dream in Mexico Becomes Our Passion.
We know that buying property far from home is a major life decision, and that’s why we’re here—not just as real estate professionals but as partners who truly listen and care about what matters most to you.
Smart Investment, Real Returns
Mexico, particularly the Riviera Maya, has become a top destination for property investment due to its rapidly growing tourism, strong rental market, and favorable property prices. With year-round demand for vacation rentals, investing in property here can generate consistent income. Over the past decade, property values in the region have shown steady appreciation, with some areas seeing increases of up to 15% annually. Whether you’re looking for a vacation home or an investment property, we provide you with the insights and data you need to make informed, confident decisions.
Why We’re Different
Our love for Mexico, especially the Riviera Maya, is what sets us apart. We’re not just helping people buy homes here – we’re living the dream ourselves, and we want to share that experience with you. We believe in building relationships that go beyond real estate transactions. From our first conversation, we’re invested in your vision and committed to making it happen.
It’s All About You
When we say we listen, we really mean it. Are you an adventurer looking for the perfect scuba spot? Do you dream of waking up to a golf course view? Are you more into quiet sunsets with a book in hand, or sailing the Caribbean with friends? Whatever your heart desires, we take the time to understand not just what you want, but who you are. That way, we can help you find a home that fits your lifestyle and your future.
We’re Here For You Every Step of the Way
Buying property in Mexico can feel overwhelming, but with CaribKey Homes, you’re never alone. We guide you through the entire process—from finding the perfect property to connecting you with the best local experts, including attorneys, notaries, and banks. And our support doesn’t end once you have the keys in hand. Need help with property management, rentals, or local services like healthcare providers or housekeepers? We’ve got it covered.
So if you’re ready to explore the possibilities of owning property in Mexico, let’s start the conversation. We’d love to hear your story, and together, we’ll find the perfect place for you to call home.
CaribKey Homes – Unlock your Caribbean lifestyle!
Call us or write us for more details!
Investing
Who said that investments must be boring?
Who said that investments must be boring? It is good to have Bitcoin in your digital wallet or to hold stock options in the safe. But do they make you smile and feel great the same way like the view of this beach house? Imagine this would be your place! Close your eyes, feel the sun on your face, Listen to the sound of the waves and sense the smell of the sea! Life is short, invest into something that not only gives you a great return but also makes you happy!
Strong economy & strong tourism
According to The Wall Street Journal, Mexico is considered an emerging economic powerhouse, and the Financial Times consistently predicts a strong economy. The Caribbean coast attracts large number of tourists all year around. 50% of all tourists coming to Mexico visit this region. In 2023 more than 30 million people enjoyed the beauty of the Riviera Maya.
Great Returns
Property owners can enjoy excellent return of investment (ROI) near the beautiful Caribbean beaches by taking advantage of domestic and international tourism. The ROI in the Riviera Maya can reach up to 10%, as the average annual occupancy rate of the area exceeds 70%. No Adriatic or Mediterranean region can compete with this result!
One of the most beautiful places on earth
The Riviera Maya attracts people because of its wonderful weather all year around, beautiful beaches, ecological and archaeological treasures, world-class golf courses, high-quality hotels and infrastructure, and affordable prices. Enjoy the stunning Caribbean beaches, tasty food, delicious drinks, the jungle, the cenotes and the Mayan culture while your investment appreciates steadily!
Low taxes and safety
You are safe here! Not just on the streets but also from high taxes. The property tax in Mexico is very low, the annual tax rate is only about 0.2% of the property’s value.
Process
Buying real estate in Mexico
The procedure for buying real estate in Mexico for foreigners is as follows.
Important details
In Mexico, up to a depth of 50 km from the coast and 100 km from the land borders, foreign citizens or companies cannot buy or directly own real estate. With this, Mexico protects itself from foreigners, primarily Americans, buying up all the real estate. However, they created two legal methods by which a foreigner can also acquire real estate. One is that the foreigner has to establish a legal business or company in Mexico and buys the property in its name. We only recommend this if the buyer wants to pursue a real business activity that requires a property. The other method is the so-called fiduciary trust (Spanish: Fideicomiso, English: bank trust) in which the purchasing person, i.e. the trustee, places the purchased property in the trust of a selected bank, naming himself or one of his family members as the beneficiary. The beneficiary has full control over the property, as the bank can only act on behalf of the beneficiary and according to his/her/their instructions. The beneficiary can use, rent out, sell, give away the property and inherit it in the event of his/her death. The owner of the property is extremely protected by law. Although the asset manager will be the owner of the managed assets, the law immediately sets the limit of this ownership rights, if it states that it can only exercise its asset management duties for the benefit of the beneficiary.
Thus, the bank practically provides a service in this transaction, the fee of which is approx. 500 USD / year. Trust asset management has several advantages:
- Inheritance is automatic and tax-free
- Almost absolute protection of private property and a high level of protection of privacy against
future creditors and any outsiders - Effective and significant tax optimization
Frequently Asked Questions
Can I buy real estate in Mexico as a foreigner?
In short: yes. Longer: The way depends on where the property is located. Foreigners cannot directly own real estate in Mexico near the coasts and land borders. However, there are two legal and commonly used solutions to this problem. The real estate you want to buy must either be put into a bank’s trust, and the buyer or one of his/her family members being the beneficiary. Or the buyer has to establish a company in Mexico and buy the property in its name.
What additional costs should I expect if I want to buy real estate in Mexico?
In addition to the purchase price of the property, approx. a 7-10% cost must be calculated at the time of purchase. These costs include various attorney and notary fees, the cost of setting up a bank trust or company, publication fees and other costs.
How many times do I have to travel to Mexico during the buying process?
If you don’t want to come, you don’t have to. Some of the documents can be signed with the application Docusign electronically, and the rest at the nearest Mexican embassy if you can’t or don’t want to come here.
How is payment made? Can I pay with cash?
Payment is always made by bank transfer and always in the currency in which the purchase price was agreed with the seller and which was included in the contract. Mexican peso transfers can be difficult at several banks, but independent providers such as WISE or REVOLUT work cheap and easy. Payment in cash is officially possible only up to a set limit. This is currently equivalent to approx. 45,000 USD.
How long does the purchase take?
After paying the full purchase price, the property can be taken into possession immediately. It can be used, rented out, etc. It takes minimum of 3 months to prepare the ownership documents and publish them, as well as they become into force.
What ongoing costs will I have to count with as a property owner?
Property tax: 0.2% of the value of the property, approx. $200-$600 USD/year
Bank trust fee: approx. $500/year
Maintenance cost / HOA fee: Very variable, depending on the size and location of the property.
It is usually between 100-500 USD per month, but I have seen 1250 USD as well.
Optional: property manager’s fee (according to agreement) and insurance.
How can the properties be rented out?
It depends by the property and its owner. There are developments with fixed management. In such a case, the property can only be rented out through a specific management company. There is less of that. In most places, there is open management, where each owner can choose the property manager who will maintain and rent out their property. The property managers charge in addition to a basic fee, approx. 20-25% for each rental. However, the owner can also manage the rental of the apartment, so this cost does not arise. In this case only the cleaning and maintenance costs must be paid.
How much tax do I have to pay after the expenditure?
Practically nothing! 🙂 Welcome to MEXICO!!!
Can the purchased property be inherited?
YES! MOREOVER, if the heirs (e.g. children) are named at the time of purchase, they can be included in the documents and thus they can inherit the property automatically and completely free of charge.
Can I sell the property for which I have only paid the reservation, but not the full amount yet (assignment of rights)?
In short: yes. Longer: unfortunately, several aggravating factors must be taken into account. One is that since you want to sell something that is practically not yours (you did not pay the full price for it yet), the property must first be returned to the developer. He will then sell it to the new buyer designated by you at the specified price. This is a so-called assignment of rights transaction. The developer must usually authorize this type of transaction and usually charges a 3-5% fee for it. Additionally, you must count with the real estate broker commissions (usually 5- 6%) too. So, you better plan ahead if you want to go down this road.