We loved the weather and the beach vacations we have taken to the Riviera Maya Mexico so much we decided to come back and look at a place to buy so that we can come for longer relaxing vacations. We have been looking online for weeks and talking with real estate agents from different areas of Mexico. We have decided to focus on Cancun, the Riviera Maya and on the beach areas outside of Merida Mexico.

Buying in a foreign country can sound exciting and scary. With all the shows like “International House Hunters” it can seem very glamorous as well.

We have learned that you need to learn the rules and laws involved before you set out so that you know the true costs and legal implications involved.

If you are buying near the beach (in the restricted zone) you can’t own the property. You will buy it in a trust through a bank called a “fideicomisos.” I also believe that you should always use a local attorney to check everything out on your behalf.

The first property that we are going to look at is a small boutique hotel/resort with a restaurant and bar. It is called Coco’s Cabanas. http://www.cocoscabanas.com Retire steps from the beach with a great income too. Sounds intriguing.

We are excited about this adventure. I will continue to blog about it.