What is the Condo Regime in Cabo Real Estate?
Condo Regimes and Delivery Delays One of the most common issues buyers encounter in pre-construction purchases in Mexico is the delay caused by the condominium regime (régimen en condominio). Even when the building is physically complete and buyers are ready for delivery, closings can stall if the r
Milestone Payments in Pre-Construction Condominium Purchases
When purchasing a pre-construction condo in Mexico, one of the most important elements of your payment structure is how and when you release funds to the developer. Many condominium projects use “milestone payments” — payments tied to specific stages of construction — rather than relying on arbitrar
New Construction Warranties for Real Estate in Cabo
Understanding the 5-3-1 Guarantee for New Construction in Mexico When you purchase a newly built property in Mexico, it comes with certain protections established by PROFECO (Mexico’s consumer protection agency). These protections are known as the 5-3-1 Guarantee, and they outline the builder’s resp
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