Buying Guide
How to Buy in 5 de Diciembre
Live prices, the buying process, financing and lifestyle — everything you need before you invest in 5 de Diciembre.
$9.87M MXN
Median price
US$4,759
Median $/m²
151
Active listings
414
Days on market
5 de Diciembre is one of the most sought-after places to buy on the Banderas Bay coast. Playa Camarones: Blue Flag, seafood, less touristy than Los Muertos. This guide walks you through what it's really like to buy here — current prices, how foreign ownership works, financing, and the day-to-day lifestyle — so you can decide with real numbers instead of guesswork.
Right now there are 151 active properties in 5 de Diciembre on the live MLS. The median asking price is $9.87M MXN (≈ US$570,000), which works out to about US$4,759 per m². Homes here sit a median of 414 days on market, and roughly 9% of listings advertise some form of financing. Just north of the Malecón — ~0.6 km, all walkable.
Authentic colonia: taco stands, corner shops and seafood spots. Foreign buyers own coastal property here through a Mexican bank trust (fideicomiso) with full rights to sell, rent and pass it on. Below you'll find the buying process step by step, a live market study, what's nearby, and the questions buyers ask us most.
The 5 de Diciembre market, right now
5 de Diciembre market snapshot
The median asking price in 5 de Diciembre is $9.87M MXN (≈ US$570,000), about $4,759/m². Homes sit ~414 days on market. 9% offer financing.
$9.87M MXN
Median price
US$4,759
Median $/m²
414
Days on market
9%
Offer financing
Price distribution (MXN)
How to buy in 5 de Diciembre
The process is safe and well-established for both Mexican and foreign buyers. Here's the honest version.
Foreign ownership via fideicomiso
Because 5 de Diciembre is in Mexico's coastal "restricted zone", foreigners own through a bank trust (fideicomiso). It grants full ownership rights — you can sell, rent, remodel and pass the property to your heirs. The annual trust fee runs about US$500–800.
Closing costs of ~5–8%
Budget roughly 5–8% of the purchase price for closing: the acquisition tax, notary (notario público), public registry and trust setup. A qualified notario is legally required and protects both sides of the deal.
How buyers pay
Most buyers pay cash. U.S. and Canadian buyers can also use a cross-border mortgage — typically 30–50% down over a 15–25 year term. On pre-construction, developers usually offer direct payment plans (down payment plus monthly installments during construction).
Ongoing costs are low
Annual property tax (predial) in Mexico is a fraction of U.S./Canada rates — often just a few hundred dollars a year. Well-located condos here typically generate 8–12% gross annual returns as vacation rentals, depending on the unit and season.
Figures are standard industry ranges — confirm the exact numbers for your case with your HOMIA advisor and notario.
Life in 5 de Diciembre
What's actually around you — beaches, dining and how far you are from everything.
- Playa Camarones: Blue Flag, seafood, less touristy than Los Muertos
- Just north of the Malecón — ~0.6 km, all walkable
- Authentic colonia: taco stands, corner shops and seafood spots
- Steps from the historic center and the Guadalupe Church
- Central location at more accessible prices than the Romantic Zone
5 de Diciembre: frequently asked questions
Why is 5 de Diciembre popular?
5 de Diciembre combines privileged location (walkable to Malecón and Downtown) with more accessible prices than Romantic Zone. The neighborhood has authentic Mexican character, local markets, and growing LGBTQ+ community. It's the 'next Romantic Zone' according to many buyers.
How much does a property cost in 5 de Diciembre?
Condos in 5 de Diciembre range from $120,000 USD for studios to $400,000 for premium units with views. It's 30-40% cheaper than Romantic Zone with similar location. The market is growing with new developments arriving each year.
Ready to look at 5 de Diciembre?
Browse live listings, explore new developments, or message us and we'll send a hand-picked shortlist for 5 de Diciembre.