property buying options in Playa del Carmen

Foreign buyer reviewing financing options to buy property in Playa del Carmen, including cash, developer financing, and home equity strategies

Financing options for buying a property in Playa del Carmen as a foreigner

Buying property in Playa del Carmen or in the Riviera Maya and anywhere in the Caribbean of México as a foreigner is with their personal cash assets. Financing, while not recommended because of more limitations than the United States or Canada, may be possible. Consider first that the interest rates will be considerable higher, closing fees will be higher, and options of collateral to secure the...