San Carlos Mexico Real Estate
Buying a Home in San Carlos, Sonora, Mexico: If you are looking for information on Realestate in San Carlos Mexico, contact one of the many licensed Realtors listed below. They’ll be happy to show you around and give advice on such things as location and building on a lot versus buying a built house. They have real estate listings for homes, condominiums, and lots and can help with all realestate listings in the San Carlos MLS — come live in beautiful and affordable San Carlos!
San Carlos Mexico Realtors
Click here for a list of San Carlos Mexico Real Estate Developments.
Plaza Arrecifes Local # 3
Phone: 622-226-2188, Fax: 622-226-1988
We can help you with all listings in the San Carlos MLS.
Century 21 Marina
Arrecifes Plaza #6
Blvd Beltrones #11
Phone: (622) 226-2003
Calle 8 #309
ERA San Carlos Realty
#1 Plaza Comercial Las Palmas
Phone: 622-226-2000, Fax: 622-226-2121
Realty Executives of San Carlos
Plaza Comercial Creston Lot # 10 C.P
Phone: 622-226-1828, Fax: 226-1818
Remax First Choice Realty
Blvd. Manlio F Beltrones No. 73-A
San Carlos Guaymas Realty
Blvd. M.F. Beltrones, No. 296
184 Paseo Alegre, Sector Villa Hermosa
Phone: 622-226-2066, Fax: 622-226-2067
McGowan & Rodriguez
Ocean View Realty
More online resources for San Carlos Mexico Real Estate:
- San Carlos MLS
- Mexican Association of Real Estate Professionals (AMPI San Carlos)
- Choosing the Right Movers
- UPack Moving Companies
- Moving to Mexico (pdf)
- U.S. Customs Info
- Mortgage Calculator
The Bank Trust Deed (Fedeicomiso):
Currently, foreigners who wish to acquire lands situated within 50 kilometers (31 miles) of Mexico’s coast must do so indirectly through trusts administered by a Mexican bank, or, in limited circumstances, through a Mexican corporation.
This does not impede foreigners from owning land in the coastal zone. It only imposes procedures that make the purchase a little more costly and requires more paperwork.
But don’t let this stop you from investing in Mexico and owning your own piece of beach front paradise. International investors who are looking for cost-effective alternatives to the high cost of housing in their local markets would do well to look to Mexico.
Buying Realestate in San Carlos Mexico
Have you been visiting San Carlos for years? Perhaps you are here for the first time and have fallen in love with our beautiful landscape, active lifestyle, affordable living and wish to call San Carlos home.
Purchasing real estate in Mexico is safe and easy. By working with a licensed agent that has access to the MLS you will have a wide variety of beautiful properties to choose from. Once you find that special place, the offer process is very similar to purchasing in the US. First, you and your agent will complete a Purchase Offer and Contract. Contracts in Mexico must be in Spanish to have legality in the court system. However, there is an English translation for Americans and Canadians. Offers to purchase should include an earnest deposit to show good faith. There is no escrow in Mexico so your check will be held by the broker and applied to the purchase once an offer has been accepted. Also, properties here are sold ‘as is’ so any repairs or replacements must be specified in the contract. Homes and condos are usually sold furnished but it is good to specify this as well. Once you and the seller have an agreement to purchase, closing can be as quick as two weeks.
Closing costs on your new purchase will be about 5 – 6% of the purchase price. The general breakdown is 2% for Notary fees, 2% for transfer tax to the Mexican Government and 2% for appraisal, no lien certification, catastro value and recording to the public registry. These fees are applicable to both foreigners and Mexican Nationals. Foreigners are responsible to pay for their initial bank trust, which is approximately $3,000 USD. Other annual expenses will include trust fees of around $400 – $600 USD (depending on the bank), HOA (if applicable) and property taxes.
The cost of living is lower than living in the US and Canada and our beauty, views, weather and community can’t be beat. Real estate prices are lower than they have been in years and many sellers are offering financing with low interest so now is a great time to invest in San Carlos. Be sure to visit your friendly real estate agent today and see how easy and affordable it is to have your dream by the sea.