Buying an Apartment in Mexico City: Budget and Checks

Separate the asking price from acquisition expenses and ongoing ownership costs before making an offer. CONDUSEF identifies items such as a down payment, valuation, notarial expenses, fees and insurance as potential costs. Obtain quotations for your circumstances: this guide sets no tax rates, fees or percentage allowances. Keep a separate reserve for moving and needs identified during visits, without treating that reserve as a works estimate.

Ask lenders for written proposals using the same loan amount and term. Review initial cash requirements, payments, insurance, fees, conditions and total cost rather than the headline advertisement alone. A simulation is not a loan approval. If your income or documents originate abroad, check what each lender accepts before assuming the same application terms will apply.

Record the address, unit identity, advertised area, parking spaces and asking price. Request available documents from the seller and ask your notary or adviser to examine ownership, authority to sell, encumbrances and documents relevant to the transaction. Flag differences between the listing, the viewing and the paperwork. A portal screenshot, a photograph of a deed or an AI report does not independently verify a purchase.

Ask about recurring charges, outstanding amounts, agreed works and anticipated exceptional expenses, seeking evidence from management where appropriate. Inspect access routes, stairs, common areas, parking and the unit itself. For visible damage or structural concerns, obtain a property-specific professional assessment. The city risk atlas provides geographic context; it does not certify a building or replace an inspection.

Try the journey to your regular destinations and examine daylight, ventilation, noise and services. Compare asking prices only after recording differences in area, condition, floor and parking. Do not treat an asking price as a certified valuation. Before a reservation payment or offer, establish with your adviser what is payable, to whom, on which conditions and with what documentation.

In Fifsee, enter your location, budget and priorities to organise the search. Check the report-language choice before continuing. Take the resulting questions to viewings and your advisers. Information availability varies, and the report does not replace a formal valuation, mortgage approval or notarial review.