How Much are the Notarios fees?

Notarios in Mexico typically become wealthy people by charging 1% of the value for each transaction.

In establishing fees for service, Notarios are expected to charge 1% of the value of the transaction. Property purchases of “big ticket” homes can accrue Notario fees that are ridiculous. On the sale of a one million dollar property the “standard” Notario fee would be $10,000.00. Despite the fact that a transfer of title for a lot selling for a few thousand dollars requires the same amount of time and expertise as a million dollar transaction.

Notarios fail to mention that these fees on Mexico real estate transactions are in fact negotiable. Investment Properties Mexico saves many clients tens of thousands of dollars by negotiating the Notario fee and arguing for a five percent as opposed to a twenty six percent tax on capital gains.