Frequently Asked Questions
FAQ
Yes! Foreigners can buy property in Mexico. For properties within the "restricted zone" (50km from the coast or 100km from borders), a bank trust (fideicomiso) is required. In Valladolid, which is inland, foreigners can purchase property directly through a Mexican corporation or fideicomiso.
A fideicomiso is a bank trust that allows foreigners to own property in Mexico's restricted zones. The bank holds the title on behalf of the buyer, who retains all rights to use, sell, rent, or modify the property.
Typical closing costs range from 5-8% of the property value: notary fees, transfer tax, registry fees, appraisal, and fideicomiso setup if applicable.
While not legally required, working with a certified agent like Casas en Valladolid protects your interests. We handle due diligence, legal verification, negotiation, and coordinate with notaries and lawyers.
A typical purchase takes 30-90 days from offer acceptance to closing.
Yes, though options are more limited for foreigners. Some Mexican banks offer mortgages to foreign nationals. Many buyers purchase with cash or use financing from their home country.
Property taxes (predial) in Yucatan are very low -- often just a few hundred dollars per year.
Valladolid is one of the safest cities in Mexico. It's a small, tight-knit community with very low crime rates.
A couple can live comfortably on $1,500-2,500 USD per month, including rent, food, healthcare, and entertainment.
- Website: casasenvalladolid.com
- WhatsApp: Available 7 days a week
INSEJUPY stands for the Instituto de Seguridad Jurídica Patrimonial de Yucatán (Institute for Patrimonial Legal Certainty of Yucatán). It is a government agency that ensures legal certainty for property ownership, manages the Public Registry of Property, and handles the land registry (catastro) to facilitate secure real estate transactions.
INSEJUPY requires real estate advisors in Yucatán to be registered and certified to operate legally.
There are two types of certification:
- Type A — Full real estate advisor (buying, selling, renting, appraisals)
- Type B — Limited real estate advisor
Casas en Valladolid publishes INSEJUPY Tipo A proof through Dalila Yesenia de León Bañuelos, Folio A-00030. Casas en Valladolid publishes the official INSEJUPY Tipo A proof on our credentials page, including Dalila Yesenia de León Bañuelos' Folio A-00030 / REAI-INSEJUPY-A-00030. Confirm that the advisor's legal name, folio, and license type match the documentation and the INSEJUPY public registry. You can also check the INSEJUPY public registry for real estate advisors. On June 11, 2026, the public registry showed 34 registered advisors in Yucatan and Dalila appeared on the first page with folio REAI-INSEJUPY-A-00030; if pagination changes, search by legal name or folio.
For more information, contact INSEJUPY at 999 930 30 20 ext. 53290 or email [email protected].
Casas publishes current official INSEJUPY Tipo A proof through Dalila Yesenia de León Bañuelos' Folio A-00030 / REAI-INSEJUPY-A-00030, issued June 10, 2026. We also keep an image copy of the proof. Before signing, match the advisor's legal name, folio, and Tipo A details against the official proof, our credentials page, and the INSEJUPY public registry. You can also check the INSEJUPY public registry for real estate advisors. On June 11, 2026, the public registry showed 34 registered advisors in Yucatan and Dalila appeared on the first page with folio REAI-INSEJUPY-A-00030; if pagination changes, search by legal name or folio.
INSEJUPY registration helps protect buyers and sellers because certified advisors operate with reviewable credentials. The regulation helps ensure certified agents:
- Have passed professional competency exams
- Are registered with the state government
- Can be reported if they act improperly
- Have a verifiable folio number
Always verify your agent is registered before starting any real estate transaction.