The average property price can vary significantly based on location, type, and amenities. It’s always best to check the current listings or consult with a local real estate agent for up-to-date pricing.

Puerto Morelos is generally considered safe, but like any location, it’s essential to research specific neighborhoods and consult local residents or expats before making a purchase.

Property taxes in Mexico are relatively low compared to other countries. However, they can vary based on the property’s value and location.

No, foreigners can buy property in Mexico, but there are specific zones, such as the Restricted Zone, where foreigners need to purchase property through a “fideicomiso” (a bank trust). Puerto Morelos, being close to the coast, falls within this zone.

Typically, foreigners will use a fideicomiso (bank trust) or establish a Mexican corporation to buy property in restricted zones. It’s essential to work with a reputable notary and lawyer familiar with the process.

Yes, many property owners rent out their homes or apartments to tourists or long-term renters. It’s a popular way to generate income, especially given Puerto Morelos’s appeal as a tourist destination.

Utility costs can vary based on usage and property size. However, they are generally affordable, with electricity being one of the higher expenses due to air conditioning needs.

While some Mexican banks offer mortgages to foreigners, they might come with higher interest rates and shorter terms. It’s common for many foreign buyers to purchase property in cash or secure financing from their home country.

Popular areas can include beachfront locations, the town center, or more secluded areas for those looking for privacy. Consult with a local real estate agent for advice tailored to your preferences.

Always work with a reputable local real estate agent, lawyer, and notary. Ensure all paperwork is verified, and consider getting title insurance for added protection.