I put my memories to work a little, to complete the previous information in relation to your questions.

The 99-year lease is not an issue. If you buy a property, it is yours and there is only a symbolic annual government payment for the supposed “use of land” (Gubernamental Fees).

Foreigners usually buy property in Quintana Roo by obtaining a business registration with one percent through a Mexican person –which would mean that one percent of the business belongs to someone Mexican– or through a trust (fideicomiso). There are also specialists who support foreigners when they are interested in buying a property in the Mexican Caribbean, the so-called Escrow.

Please get in touch if this is of your interest.