How are the properties zoned?
As in the United States, zoning in Mexico varies from one area to another. Yucatan Beach Properties has verified the zoning of all properties before they are listed so that you can be sure of the permitted use of each property prior to closing. Back to Top How can I as a foreigner own ocean front property in Mexico? In 1917 Mexico drafted a new Constitution. In the Constitution, there was a provision that created the Restricted Zone. This Zone is 100 km (62 miles) from the borders and 50 km (or 31 miles) from the coasts. Originally only Mexicans could own land in the Restricted Zone because it was considered the most valuable real estate in the country. However, in 1970 Mexico realized that there was a lot more money outside of Mexico than inside of Mexico. To attract foreign investment enabling legislation was passed in 1970 which permitted foreigners to own land in the Restricted Zone. This bill stated that a trust, called a ‘Fideicomiso’ could be set up, with the foreigner as the be
