ARE REAL ESTATE SALES AND PURCHASES IN PLAYA DEL CARMEN, MEXICO BEING DONE WITH US DOLLARS?
Ans: All condominium and real estate sales and purchases in Playa del Carmen, Cancun, Tulum and the Mayan Riviera are executed in US Dollars. For legal documentation such as the registration of the deed and title the exchange rate of the day is being used as a reference, which is required by law. However purchase prices for condominiums in Playa del Carmen, Cancun, Tulum and the Mayan Riviera are promoted and executed in US currency to void the loss of value through exchange rates fluctuations.
