At Rio Real Estate, we understand that navigating the Mexican real estate market, especially as a foreigner, requires expert assistance. We specialize in facilitating American’s property purchases in Baja, Mexico. Our comprehensive process ensures a smooth experience from start to finish.
- Find an Ideal Property: Our proficient real estate agents, thoroughly versed in the Baja region’s property landscape, will assist you in finding your dream property that matches your preferences and budget.
- Property Verification: With meticulous diligence, we ensure that the property you have set your heart on is free of any legal complications and is absolutely ready for acquisition.
- Engaging an Experienced Notario Publico: We associate with the most skillful ‘Notarios Publicos’ who ensure the legal transfer of the deed, secure the validation of all municipal taxes and utilities associated with the property, and execute the necessary legal due diligence on your behalf.
- Obtain Approval from the Ministry of Foreign Affairs: Through our well-established relationships with various legal entities, we facilitate the application to the Ministry of Foreign Affairs for securing a permit to establish a Fideicomiso or bank trust.
- Bank Trust Formation: We guide you through establishing a Fideicomiso, a trust agreement with a Mexican bank that enables you, as a foreign buyer, to acquire a property in the restricted zones. With a Fideicomiso, you retain full control over the property rights and can sell, lease, develop, or pass it on to your heirs.
- Complete the Transaction: Upon establishing your Fideicomiso, we coordinate the payment and finalization of the sales process, translating into a seamless transfer of property ownership.
- Annual Trust Fee: We keep you informed and guide you through managing your annual trust fee payments to the bank for maintaining the Fideicomiso service.
- Insurance Acquisition: After a successful transaction, we aid in acquiring the necessary property insurance to safeguard your property against potential risks and nuances, providing you with tranquillity.
- Legal Assistance: We have a tie-up with seasoned attorneys who specialize in Mexican real estate laws, offering expert legal advice throughout the process to ensure every step is not only correct but also favorable to you.
Trust Rio Real Estate with your dreams of owning property in Baja, Mexico. Our expertise, comprehensive services, and utmost professionalism will ensure your journey to purchasing your dream property is as rewarding as it should be.