The purchase price is only one line in the budget.

How to prepare a complete closing-cost budget for property in Baja California Sur.

DIRECT ANSWER

Closing costs vary by transaction and can include taxes and rights, notarial work, appraisal, registration, legal review, trust setup for applicable foreign buyers and administrative expenses. Request a written estimate for the exact property instead of relying on a generic percentage.

BEFORE OFFERRequest an estimated closing statement

BEFORE CLOSINGReconcile the final statement

AFTER CLOSINGRetain receipts and registered documents

Separate acquisition from ownership costs

Closing costs belong to acquisition. HOA, utilities, insurance, trust annual fees, property management, furnishing and maintenance belong to the ongoing ownership budget.

A useful comparison shows both totals so a lower purchase price does not hide a more demanding ownership structure.

Ask for assumptions and responsible parties

Every estimate should state currency, exchange-rate assumption, tax basis, included services and which party pays each item.

Legal and tax professionals should verify the final treatment for the transaction; marketing material is not a closing statement.

FREQUENTLY ASKED

What is worth clarifying before you decide.

Is there one standard closing-cost percentage?

No single percentage is reliable for every transaction. Value, location, structure and professional fees change the result.

Are HOA fees part of closing costs?

Regular HOA is an ownership cost, although prorations, deposits or reserves may appear in the closing statement.

When should I receive the final figures?

Ask for an estimate early and a final statement with enough time to review it before transferring closing funds.

Editorial review: July 13, 2026. Confirm property-specific information before purchase.

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