Understanding Title Holding in Mexico: What You Need to Know

Clearing Up the Controversy

There seems to be some confusion about holding title in Mexico. Let's clarify the facts. According to the Department of the Interior Constitution of the United States of Mexico, Article 27, as of the latest reform act on July 7, 2014, only Mexicans by birth or naturalization, as well as Mexican companies, can own land within 100 kilometers of the borders and 50 kilometers of the beaches.

So, what does this mean for you as a foreign buyer? If you want to own property in Loreto, you will need to use a Trust (Fideicomiso). This is a legal arrangement that allows you to hold the rights to the property while the title is held in a bank's name.

The beneficiary of the trust enjoys all legal rights of ownership. You can build, improve, or even sell the property as if it were your own. Just remember, you must notify the bank and get their approval for any modifications to the trust.

Why Choose Century 21 Roadrunner Realty?

At Century 21 Roadrunner Realty, we have been helping people navigate the real estate market in Loreto for 13 years! During this time, we have successfully closed almost 150 real estate transactions. You can see for yourself the success we've had by visiting our properties sold page.

As Loreto continues to grow, we understand that competition is increasing. Some agents are great, while others may not provide the same level of service. That's why it's crucial to choose a trusted partner. We pride ourselves on being the leading real estate experts in Loreto. Our goal is to help you confidently buy or sell your property, leveraging our local expertise and the global Century 21 network.

The Benefits of Working with Us

Local Expertise

Our team knows Loreto inside and out. We understand the neighborhoods, the market trends, and the best properties available. This local knowledge allows us to provide you with data-driven insights that are essential for making informed decisions.

Personalized Service

We believe in a personalized approach. Every client is unique, and we take the time to understand your specific needs and preferences. Whether you are buying or selling, we tailor our services to ensure you have the best experience possible.

Comprehensive Support

From the initial consultation to closing the deal, we are with you every step of the way. We handle all the details, so you can focus on what matters most—finding your dream property or selling your current home.

Contact Us Today!

If you're interested in property in Loreto, don't hesitate to reach out. Our team is ready to assist you with any questions or concerns you may have. Visit our contact page to get in touch with our dedicated agents.

We look forward to helping you navigate the exciting world of Loreto Bay real estate!