riviera nayarit real estate opportunity

Buying Property in Riviera Nayarit, Mexico

Investing in a property in Riviera Nayarit, Mexico is always a good decision considering it’s one hot place for many people worldwide. However, you should never jump into making hasty decisions without knowing important factors that go with it. The Mexico real estate guides are good sources of information; to help you out, here are 5 things which are basic, but very important when buying property in Riviera Nayarit, Mexico.

The Concept of Full Property Ownership

When buying property in Riviera Nayarit, Mexico, you have a variety of choices, from timeshares, vacation clubs, fractional ownership and full ownership. Fractional and full ownership of property in Riviera Nayarit provides assured deeded ownership which you can sell, bequeath, rent and lend as you wish, just like buying a property back home.


The fideicomiso requirement sometimes puts people off buying property in Riviera Nayarit at first, until they understand its purpose and how safe it is. In Mexico, the Constitution prohibits foreign owners of land near its borders, which includes land borders as well as the ocean. This means that foreigners are technically not allowed to own property within 50 kilometers of the beach, while in practice, the fideicomiso circumvents this outdated part of the constitution. The fideicomiso is therefore a special bank trust that gives you the full legal rights in becoming an owner in the eyes of the law without going against the Mexican constitution. It also protects your rights and interest so that you don’t have to pay a third party to hold the property in their name. This bank trust can eat up some of your time in the buying process when purchasing a property in Riviera Nayarit, but the real benefits are worth it.

Restriction on Buying Land

Riviera Nayarit with its reputation of being a top tourist destination makes owning land, a dream come true for any investor. But not all plots of lands can be purchased by non Mexicans, there are some which are communally owned and cannot be offered for sale. A knowledgeable agent knows this and he can show you better options where it’s perfectly legal to buy a land in spite of you being a foreigner.

Select the Best Agent

When buying property in Riviera Nayarit, you should also seek the support of a reputable agent. Agent selection should be a slow and careful process that involves thorough checking of a probable agent’s background and qualifications. He should be certified, has earned degrees and licensed by the Mexico Professional Real Estate Association (AMPI) to practice his craft. It really is worth finding someone you trust. You will gain a lot if you have a good sales agent working with you. The Mexican authorities don’t have any restrictions for people claiming to be a real estate agent, so it is up to you to find someone qualified.

Mortgage Loans are Possible

Contrary to what you might think, it is possible to purchase a property in Riviera Nayarit by taking out a Mexican bank mortgage. This can mean an ease in the payment process with its flexible terms, giving you some leeway in your finances. Be aware that interest rates are a lot higher than back home, which may be offset by the weak pesos if you take out your loan in pesos. You may also be required to pay a large down payment too.

Understanding the Purchasing Process

The Purchasing Process will take longer since you’re a foreigner investing in Mexican soil. There can be a little complexity involved, but eventually it will all be smoothened out and it’s important for you to be aware of this. Your patience will be tested, but be reassured that that is normal.

Buying property in Riviera Nayarit is one of the wisest decisions that you can make in your life. With the all the positive things that surround it, it is truly something you will treasure for years to come and will never regret.

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