Owning in Mexico
It is a common misconception that foreigners cannot own real estate in Mexico, but the reality is that they can. Changes in Mexican law, including NAFTA in 1994 and the Foreign Investment Law of 1993, now allow Americans and other foreigners to own real estate. A renewable 50 year bank trust (Fideicomiso) is created with you, the foreigner owner, as the beneficiary. You can live on the property, sell it whenever you want, or pass it on to your heirs. The bank trust is renewed every 50 years, meaning you and your heirs own the property until you decide to sell. Bank trusts are used to guarantee the owners (beneficiary) of the trust absolute control over their assets, and the trust arrangement does not limit your rights to the property in any way. The Fideicomiso has been established as a secure form of ownership and has facilitated billions of dollars worth of property transactions.

Title Insurance
A good rule to follow when purchasing real estate in Mexico is: If you can't get title insurance... then don't buy!

Title Insurance for the complete Boca de Iguanas development is provided by Stewart Title Company. A title insurance policy provides a financially backed guaranty and ensures the property against fraud, liens, encumbrances or improperly executed documents, and ultimately allows for US based financing of your residence.

Although the complete project has insured title, each individual house/condo can also receive individual title insurance through Stewart Title for a one-time fee around $3,000 USD.

The bilingual professionals at Stewart Title are also providing the escrow and closing coordination services for the residences at Boca de Iguanas.

Homeowners Association
Owners are assured of continuing quality and maintenance through an Annual Assessment fee, which pays for the professional management and operation of all Residence facilities and amenities. Included in these annual fees are funds for maintenance, insurance, refuse removal, legal and accounting services, staff salaries, supplies, and a pro-rata provision for the replacement and refurbishing of BDI facilities.
A member-elected Board of Directors establishes budgets and fees on an annual basis. During the early development years, and throughout the developer’s subsidy period, representation on the Board will include primarily Boca de Iguanas management personnel.

Arrival Program*
Wouldn't it be nice to arrive at your villa and find the kitchen already stocked with your choice of food and beverages? That's just one of the many special services we can provide.

We'll also arrange for chef, spa, and wedding planning services, entertainment for your special events, flowers, cribs, mobile phone rentals, and other amenities—whatever you need for a comfortable and enjoyable stay.
* additional fees apply

Vacation Rental Program*
Our optional vacation rental program generates revenue when you are not using your house or condo by leveraging the services and amenities of the BDI Hotel, offering guests a unique and affordable vacation experience in an intimate, home-away-from-home tropical beach setting.

All residences participating in the rental program will be inspected for quality control, standards and maintenance on a regular basis.

Once you enter in the vacation rental program, our property management team takes over, ensuring all aspects of operations – from maintenance and guest needs to repairs and reservations – are met and that condos and houses are left in spotless, top-notch condition. Home owners have the peace of mind knowing their properties are well-cared for while they are away.

The catch? There is none. Your home creates lasting memories for others – and cash flow for you, the owner – while you and your family are away.
* additional fees apply

Construction Schedule
In order to provide a relaxing beach lifestyle, major construction will only be allowed in the low-season months (May - November). As such, home owners and hotel guests can enjoy the development during the estimated 3-4 years until completion.

Minor construction and interior details as well as reparation work can be completed during high-season given they comply with noise by-laws and receive the approval of the Homeowners Association.

Residences can be built entirely in approximately 6 months, upon contract and deposit. Please contact us below and we will answer you in a timely manner.