Expect to pay 4–7% of the purchase price in closing costs (notary fees, taxes, trust setup).
The purchasing process generally takes 30–90 days . buying property in puerto vallarta
Buying property in Puerto Vallarta is a popular, secure, and straightforward process for foreigners, provided you navigate the legal framework correctly. Foreigners can own property, but within 50 km of the coast (a "restricted zone"), they must use a bank trust (fideicomiso) or a Mexican corporation. Expect to pay 4–7% of the purchase price