Laguna Shores Resort - Beachfront Real Estate in Puerto Peñasco, Mexico

Buying Real Estate in Mexico

Your Complete Guide to Owning Beachfront Property at Laguna Shores Resort

Understanding Property Ownership in Mexico

Foreigners can legally and securely own property in Mexico's coastal areas through established legal mechanisms

Fideicomiso (Bank Trust)

The most common method for foreign buyers to own property in restricted zones (within 50km of coast or 100km of border).

  • Mexican bank holds title in trust on your behalf
  • You retain full ownership rights (sell, lease, renovate, inherit)
  • Renewable every 50 years, transferable to heirs
  • Setup: $1,000–$1,500 USD | Annual fees: $500–$800 USD

Mexican Corporation

Ideal for commercial real estate investments such as hotels, rental properties, or business premises.

  • Minimum two shareholders (can both be foreign)
  • Corporation owns property outright (no fideicomiso needed)
  • Property must be for business purposes, not primary residence
  • Must comply with Mexican tax laws and corporate regulations

Key Considerations for Foreign Buyers

Legal Assistance

Hiring a Mexican real estate attorney is recommended to navigate contracts and ensure compliance

Permits Required

Foreigners must obtain a permiso de compra from Mexico's Foreign Affairs Ministry

Closing Costs

Expect 5-7% of property value including taxes, notary fees, and trust setup

Tax Obligations

Foreign sellers may be subject to capital gains tax (ISR) when selling property

Benefits of Owning at Laguna Shores Resort

Experience the advantages of beachfront living in Puerto Peñasco's premier master-planned community

Prime Beachfront Location

  • Stunning lagoon and ocean views of the Sea of Cortez
  • Direct beach and tidal pool access
  • Tranquil, low-density master-planned community
  • Uniquely located facing west to the Sea of Cortez, north to an estuary with views of El Pinacate
  • East boundary along coastal highway 8 from Sonoyta to Puerto Peñasco
  • Only 15 minutes from Puerto Peñasco
  • Underground utilities including own desalination plant
  • High-end sewer treatment plant on-site

Investment Potential

  • Growing tourism and real estate market
  • Steady property value appreciation
  • Strong rental income opportunities
  • Many owners build multiple properties
  • Proven vacation rental demand

Resort-Style Amenities

Access to over 30 premium amenities including:

  • Infinity pools & jacuzzis
  • Fitness center & spa
  • Tennis & pickleball courts
  • Kayaking & paddleboarding
  • Biking trails
  • Restaurant & bar
  • Gated security & concierge
  • Eco-friendly solar energy options

Affordable Ownership

  • Lower costs vs. US beachfront
  • Significantly lower property taxes
  • Competitive HOA fees
  • Lower cost of living
  • Financing options available

Foreign-Friendly

  • Easy ownership through fideicomiso
  • Well-established development
  • Secure investment environment
  • Expert guidance provided
  • Transparent buying process

Easy Access from US

  • 4-hour drive from Phoenix/Tucson
  • International airport nearby
  • Most accessible Mexican beach
  • Weekend getaway destination
  • Well-maintained highway access

Expert Buyer Support

Our Real Estate Department, led by Wayne Corcoran (licensed agent and broker) with support from Yara Jimenez, provides expert guidance throughout your buying journey.

We Help You With:

  • Understanding your needs and finding the best properties to match
  • Expert guidance on key considerations for foreign buyers
  • Support throughout your building journey
  • Connecting you with experienced contractors to bring your vision to life
  • HOA transition assistance and community integration
US: 1 800 513 1426
MX: 638 383 0210

New Owner Reference Essentials

Getting Started

  • Use red owner wristbands for initial visits for employee and security recognition
  • Get your owner gate key from HOA President Rodolfo (0)
  • For expecting visitors: Email [email protected], [email protected], and copy HOA president with guest names and count for fast access

Paying Your Bills

CFE (Electricity)

Pay directly at the office or online at www.cfe.mx for more information

HOA Fees

  • Call the office: MX 638 383 0210 Ext 522/532 or USA 1 800 513 1426 Ext 532
  • Your HOA starts the month your house is delivered or the month you purchase your lot
  • Payment options: Cash, credit/debit card, or wire transfer
  • Pay monthly, quarterly, or annually ahead of time to avoid late fees, penalties, and interest
  • Check payable to: "HOA Laguna Shores AC" (write exactly as shown to avoid bank rejection)
  • Mail checks to: P.O. Box 1740, Lukeville, AZ 85341
  • Contact HOA for current annual fees

Property Taxes

Taxes for your lot are paid directly at the office in town, or contact HOA President Rodolfo Irineo for assistance

Rules & Regulations

Basic rules are provided to all guests and owners to help maintain the resort's peaceful and family-oriented environment. CC&Rs (Covenants, Conditions & Restrictions) are available upon request via email.

Ready to Own Your Piece of Paradise?

Explore our available properties or contact our real estate team for personalized assistance