It’s a deeded co‑ownership structure that lets several buyers share a luxury home and its costs, while each holds an independent, legally transferable share. Think of it as owning stock in a single, tangible property rather than the whole company.
Every residence sits in its own Mexican bank trust (fideicomiso). The trust issuer records each fraction, so your rights are recognized under Mexican real‑estate law and may be inherited or resold without the other owners’ consent.
Yes. Foreigners may own through the same bank trust mechanism used for full‑title beachfront property. All documents are bilingual (Spanish–English) and compliant with US/Canadian disclosure norms.
Each owner pays a prorated share of HOA, upkeep, insurance and utilities—bundled into a single monthly fee. The fee is reviewed annually and reported transparently.
Everything you’ve ever wanted to know about the Smartluxury model—clear, concise and in plain US‑English.