Cozumel Mexico Real Estate for Sale

Luxury homes, beachfront villas, ocean view condominiums and vacation rentals for sale and rent comprise Cozumel Mexico real estate.

Cozumel is an island off of the Yucatan Peninsula in the Mexican state of Quintana Roo. Many tourists visit the island when they are on Caribbean cruises, and the friendliness of the people combined with the beauty of the region causes most of them to return to the island in search of real estate, either to live or to vacation. While there is a high demand for real estate and new developments on the island, the price for property remains affordable in comparison to ocean view properties in the United States. This makes it possible for those looking into investment property for sale to purchase homes, condos or villas at an affordable price and then turn them around and offer them for rent as vacation rentals. In this way, real estate sales and rentals in Cozumel can become quite lucrative.

Real estate agents, their clients and investors who are not residents of Mexico will need to use a Mexican Property Trust to purchase real estate in Cozumel. Under Mexican law, foreigners cannot purchase properties within 50 kilometers of the ocean, and since Cozumel is only 48 kilometers wide at its widest point, this law applies to the entire island. However, the Mexican government has added to the law to make it possible for foreigners to buy real estate through Property Trusts. While the deed and title are in the name of the Trust, the rights of ownership are transferred to the foreigner. Thus foreigners can participate in buying and selling real estate in Cozumel legally. Investors can finance their purchases through either North American banks or Mexican lenders.

Cozumel real estate makes an excellent investment because it is consistently in high demand for vacation rental properties.