Yes, you can own Mexican property as a non-Mexican. The Mexican government passed a law that allows foreigners to buy real estate in certain areas of Mexico. A ‘Fideicomiso‘ or trust agreement between the buyer and a Mexican Trust Bank is necessary.
Average housing price in Mexico in 1st quarter 2021
(in 1,000 Mexican pesos)
Average housing price in Mexico from 2018 to 2021 (in 1,000 Mexican pesos)
The average price of houses in Mexico has risen by 40% in only 4 years from 2018 to 2021. This is a significantly high increase in appreciation.