Buying Property in Mulegé as a Foreigner – 2025 Guide
Mulegé, Baja California Sur, is becoming one of Mexico’s best-kept secrets for foreign real estate buyers. With its stunning beaches, affordable cost of living, and growing expat community, this charming coastal town is attracting more international buyers looking for vacation homes, retirement properties, and investment opportunities.
But can foreigners buy property in Mulegé? The answer is yes! However, there are important legal steps to follow. This 2025 guide explains everything you need to know before buying property in Mulegé, including the legal process, costs, taxes, and best areas to invest in.
🚀 Ready to find your dream home? Check out the latest listings on Rio Real Estate
📌 Why Buy Property in Mulegé, Baja California Sur?
Mulegé is a hidden gem compared to other well-known Baja destinations like Cabo San Lucas and La Paz. Here’s why more foreigners are choosing to invest in Mulegé real estate:
✅ Affordable Prices – Beachfront homes are still reasonably priced compared to Cabo & Loreto.
✅ Relaxed Coastal Lifestyle – A peaceful, small-town feel with beautiful beaches and a strong community.
✅ Expanding Expat Community – More Americans and Canadians are retiring or investing here.
✅ Strong Rental Market – High demand for vacation rentals on platforms like Airbnb & VRBO.
✅ Safe & Secure – Mulegé is known for its safety and welcoming atmosphere.
📍 Best Areas to Buy in Mulegé:
- Bahía Concepción – Stunning beachfront properties with turquoise waters.
- Heroica Mulegé – Traditional town center with shops, restaurants & cultural charm.
- San Bruno – Quiet, ocean-view lots and vacation homes.
- Loma Azul – Scenic mountain and river-view properties.
🏡 Can Foreigners Buy Property in Mulegé?
Yes! Foreigners CAN buy property in Mexico, but there are two ways to do it legally:
1️⃣ Fideicomiso (Bank Trust) – Best for Individual Buyers
What is it? A fideicomiso is a trust agreement with a Mexican bank that allows foreigners to legally own property within 50 km of the coastline.
🔹 The foreign buyer (you) is the sole beneficiary of the trust.
🔹 You control the property – You can sell, rent, or pass it down to heirs.
🔹 Trust is renewable every 50 years.
🔹 Costs: ~$500 USD setup + $500–$700 USD/year in maintenance fees.
2️⃣ Mexican Corporation – Best for Investment Properties
If you’re buying property as a business investment (e.g., for Airbnb, rental properties, or commercial use), you can set up a Mexican corporation.
🔹 Allows you to buy multiple properties without a fideicomiso.
🔹 Requires paying taxes & maintaining business operations.
🔹 Recommended for investors, not personal home buyers.
💡 Which option is best? 👉 If you’re buying a personal home, use a fideicomiso. If you plan to invest in multiple rental properties, consider a Mexican corporation.
📜 Step-by-Step Guide to Buying Property in Mulegé as a Foreigner
✅ Step 1: Find a Trusted Real Estate Agent
Working with a licensed, bilingual real estate agent like Rio Real Estate is crucial for a safe and legal transaction.
🔹 Avoid scams by working with professionals.
🔹 Get expert advice on the best areas & investment opportunities.
🔹 Agents help negotiate pricing & handle legal paperwork.
✅ Step 2: Choose Your Property & Make an Offer
Browse listings and decide whether you want:
🏡 A beachfront home for personal use?
🏡 An Airbnb investment property for rental income?
🏡 A vacation home with resale potential?
Once you find the perfect property, your agent will help negotiate the price and draft a purchase agreement.
✅ Step 3: Set Up a Fideicomiso or Corporation
🔹 If buying as an individual → Open a fideicomiso with a Mexican bank.
🔹 If buying as an investor → Register a Mexican corporation.
🔹 Processing time: ~4-6 weeks.
✅ Step 4: Finalize the Purchase & Pay Fees
Once your fideicomiso or corporation is approved, you’ll finalize the payment. Common costs include:
💰 Closing Costs (~5-7% of Property Price):
✔️ Notary Fees: $1,500–$3,000 USD
✔️ Property Transfer Tax: 2% of property value
✔️ Legal Fees & Permits: $1,000–$2,000 USD
✅ Step 5: Register Your Property & Get Title Ownership
Your property must be registered with the Public Registry in Baja California Sur. Your agent or lawyer will handle this process.
💰 How Much Does Property in Mulegé Cost?
📢 Current 2025 Real Estate Prices:
🏡 Beachfront Homes: $250,000 – $1.5M USD
🏡 Condos & Townhouses: $150,000 – $500,000 USD
🏡 Land for Development: $50,000 – $400,000 USD
🚀 See the Latest Listings Here: Browse Mulegé Homes for Sale
🔎 Investing in Mulegé – Is It Worth It?
Yes! Mulegé is one of the best investment locations in Baja California Sur due to:
📈 Rising Property Values – Prices have increased 15-20% annually
🏝️ Growing Tourism & Rental Demand – Airbnb properties make $1,500–$3,000/month
🇲🇽 Low Taxes – Property tax in Mexico is 0.1% of property value (very low!)
🛳️ Upcoming Infrastructure – More flights & roads increase property demand
If you’re looking for affordable beachfront property with high appreciation potential, Mulegé is a smart investment in 2025!
📞 Ready to Buy? Contact Rio Real Estate Today!
🔹 View the latest Mulegé properties for sale → Browse Listings
🔹 Talk to a real estate expert → 📞 Call +52 615-110-3214
🔹 Schedule a consultation → 📩 Email info@riorealestate.com.mx
🏡 Find your dream home in Mulegé today! 🌊🇲🇽
Buying Property in Mulegé as a Foreigner is an exciting opportunity for those looking to own a slice of paradise in Baja California Sur. With its stunning beaches, welcoming expat community, and affordable real estate prices, Mulegé offers an ideal destination for vacation homes, retirement properties, and investment opportunities. Foreign buyers can legally purchase property in this coastal town by setting up a fideicomiso (bank trust) or establishing a Mexican corporation,Buying Property in Mulegé as a Foreigner making the process secure and straightforward. Working with a trusted real estate agency ensures that buyers navigate the legal requirements smoothly while finding the perfect home that matches their lifestyle and budget. Buying Property in Mulegé as a Foreigner
The market in Mulegé is rapidly growing, with increased demand for beachfront villas, eco-friendly homes, and rental properties. Many investors are drawn to the area’s high return on investment (ROI) potential, thanks to the booming tourism industry and the affordability of properties compared to more developed areas like Cabo San Lucas. Whether you’re searching for a peaceful retreat, a profitable vacation rental, or a long-term residence, understanding the legal steps and market trends will help you make a smart investment. With expert guidance and the right approach, Buying Property in Mulegé as a Foreigner can be a seamless and rewarding experience. Buying Property in Mulegé as a Foreigner