Complete Guide to Buying Property in Yucatan

Step 1: Define Your Search

Before searching for properties, define your budget, preferred area, and property type. Bajo Un Techo lets you compare prices from multiple portals in one place.

Step 2: Find a Certified Agent

Look for an agent with current AMPI certification. On Bajo Un Techo, verified agents display a special badge. A good agent knows the local market and can help you negotiate.

Step 3: Make an Offer

Offers in Yucatan are generally verbal first, then formalized in writing. The typical deposit is 10% of the agreed price.

Step 4: Due Diligence

• Verify the property is free of liens
• Confirm the seller is the legitimate owner
• Review current property tax payments
• Verify construction permits if applicable
• For foreigners: confirm if fideicomiso is required

Step 5: Before the Notary

The public notary is the central figure in the process. The notary:

• Verifies the legality of the transaction
• Calculates and withholds taxes (ISR, ISAI)
• Prepares the public deed
• Registers the property with the Public Registry

Step 6: Closing Costs

Item	Approximate Percentage
Notary fees	3-5%
Acquisition tax (ISAI)	2-3%
Appraisal	$3,000 - $8,000 MXN
Lien-free certificate	~$500 MXN
Fideicomiso (if applicable)	$500-1,000 USD

Step 7: Utility Transfer

After closing, you'll need to transfer utilities to your name: water (JAPAY), electricity (CFE), internet, gas.

Informational guide. Costs and processes may vary. Consult local professionals.