Selling FAQ

If you are thinking of selling your property you will have many questions and you want to know all the facts about the process. 

Pricing your property – How much is my property worth?

Because there is no database available to see recent sales in Tulum, Playa del Carmen or the Riviera Maya you have only a couple of options.

  • do an online search and check out similar properties listed in your neighborhood, area or city and make your own comparison.
  • consult or pay a Real Estate Agent and ask for a comparative market analysis (CMA)

Do I pay taxes on the sale of my property?

  • Yes, you do pay taxes. The amount varies between 0% and 35%. To find out the exact amount you need to pay, you need to consult with a professional. 

How much commission do I pay?

  • Professional and licensed Real Estate Agents take 7% commission

Do I need to be in Mexico to sell?

  • No, you can have a power of attorney, but in some cases your presence is necessary. 

Depending on the type of property, you will need to have the following documents, including but not limited to:

  • Property Title (=span. Escritura)
  • ID of property title holder (passport)
  • all utility bills in your name (electric, water, HOA)
  • Cedula Catastral (official survey of your property)
  • Constancia de no aduedo de cooperacion por obra publica municipal (proof of non-debt from city hall)
  • Constancia de no aduedo de impuesto predial (proof of no-debt property taxes)
  • Carta de no aduedo de cuotas de mantenimiento del condominio (proof non-debt of condominium fees)
  • Carta de no aduedo aqua (proof of no debt water company)
  • Calculo impuesto ISR (calculation of capital gins taxes)
  • Certificado de libertad de gravamen (official certificate of no lien)

Questions about Selling your property? 

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