If the Mexican government was to remand or take properties from the banks, denying them income, and legally placing them in fiduciary default to hundreds of thousands of clients, it would cause an international incident. You may also own property as a Foreign Owned Mexican Corporation. You will need to incorporate under the laws of M xico and report your corporate earnings through an accountant. Additionally, if the property you wish to purchase is larger than 2000 square meters you are best advised to incorporate. There is basically no financing available.
Some property owners are willing to carry short-term notes with substantial down payments.
Typically, title will not transfer until the note is completely paid. Interest rates are often high and the buyers must have good credit references. Finally, we strongly suggest you find a reputable and knowledgeable Real Estate Professional. There are no licensing laws in the Yucat n for real estate agents. Anyone may sell real estate or refer to themselves as real estate agents.