In short
The acquisition tax is 1.83% of the value in Colima at MX$3 million. Appraisal values in Colima changed by +7.1% over a year (SHF index, second quarter of 2026). The average fixed-rate mortgage offer was 11.29% in September 2026 (Banco de México).
Colima ranks 25th among the 32 entities when they are sorted from the highest SHF appraisal median. Its January to June 2026 median for mortgaged purchases is MX$1,136,195, set against MX$1,299,580 for Mexico as a whole. The mean, MX$1,476,614, lies well above the median, a sign that a handful of high appraisals lift the average. The lower quartile is MX$811,000 and the upper quartile MX$1,632,574, which frames the central band of valuations. Population in 2020 was 731,391.
Price momentum is close to the country's: the SHF index shows an annual gain of 7.1%, placing Colima 19th of 32, while the national index shows 7.3%. Credit is where the state stands out. SNIIV recorded 4,838 loans to individuals in 2025, MX$902,572 each on average. Spread over the population, that equals 6.6 loans for every 1,000 inhabitants, whereas the median entity records 3.8. Renting is also unusually common: the rented share of homes stood at 23% in 2024, the 3rd highest among the entities, with the median entity at 14.4%.
The tax numbers belong to the municipality of Colima, which levies a property transfer tax (ISTP) through a marginal table under articles 25 and 28 of its Ley de Hacienda, reformed by Decreto 196 in December 2025. The base is whichever is highest among the cadastral value, a commercial appraisal and the price paid. A MX$1 million purchase pays MX$15,025, then MX$55,025 for a MX$3 million one and MX$155,025 for MX$8 million. In relative terms the load climbs from 1.5% to 1.83% and ends at 1.94%. Measured in UMA, the MX$3 million bill equals 469 at MX$117.31 apiece.
Set against the 54 computed areas, Colima is the 4th lightest. Only 3 areas charge less and 49 charge more, and the middle of the whole list is MX$75,000 in the MX$3 million case, above Colima's MX$55,025. Puebla, at MX$54,000, is the next area down; Manzanillo, the other Colima municipality listed by Payotte, is the next one up at MX$55,025, and its own SHF index shows annual growth of 6.8%.
Registering the deed at the state registry follows the state Ley de Hacienda, last reformed on 30 June 2026: 9, 12 or 16 UMA up to 6,116 UMA of value, then 0.3% with a minimum of 17 UMA and a maximum of 2,162 UMA, plus 2 UMA to examine the deed. In pesos that is MX$3,235 at MX$1 million, MX$9,235 at MX$3 million and MX$24,235 at MX$8 million. Together with the tax, a MX$3 million purchase carries MX$64,260 in charges, or 2.14% of the price. Colima's tax therefore sits in the lighter end of the national list, even though its effective rate climbs with the price, and the state asks nothing special of real estate agents: there is no state rule.
Data as of 15 October 2026: SHF appraisals of January to June 2026, SNIIV loans of 2025, INEGI ENIGH 2024, 2026 tax laws.
Calculate for Colima
The questions, answered
How much tax and recording fee on a MX$3 million home in Colima?
On a MX$3 million home in Colima, taxed on the highest of the cadastral value, a commercial appraisal and the price, the buyer pays property transfer tax (ISTP) MX$55,025, recording fee, Registro Público de la Propiedad MX$9,235: MX$64,260 in all under the 2026 laws read by Payotte, before notary fees.
How much tax and recording fee on a MX$8 million home in Colima?
On a MX$8 million home in Colima: property transfer tax (ISTP) MX$155,025, recording fee, Registro Público de la Propiedad MX$24,235, MX$179,260 in all, before notary fees.
Are home prices rising in Colima?
The SHF price index for Colima changed by +7.1% between the second quarters of 2025 and 2026, against +7.3% for Mexico; it measures appraisal values of homes bought with a mortgage (Sociedad Hipotecaria Federal).
What does a home cost in Colima?
From January to June 2026, homes bought with a mortgage in Colima were appraised at a median of MX$1,136,195 and a mean of MX$1,476,614; half of them were appraised between MX$811,000 and MX$1,632,574 (SHF). These are appraisal values, not sale prices.
What monthly payment on a MX$3 million home in Colima?
MX$2,400,000 borrowed (20% down) costs MX$25,248 a month over 20 years at 11.29% (Banco de México, September 2026); average CAT 13.76%.
How much tax when you sell a home in Colima?
Federal rules apply in Colima as in every state: a seller who is not a Mexican tax resident pays by default 25% of the gross price (LISR art. 160), MX$750,000 on a MX$3 million sale, paid by the notary; a resident selling their own home is exempt up to 700,000 UDIS, about MX$6,218,823 at 4 November 2026 (art. 93-XIX-a).
How Colima compares
Colima charges MX$55,025 of acquisition tax (1.83%) on a MX$3 million home, 26.6% under the MX$75,000 median of the 54 municipios computed; 3 charge less and 49 more, 1 the same.
The tax follows a marginal table (limits in pesos): MX$15,025 on MX$1 million, MX$55,025 on MX$3 million and MX$155,025 on MX$8 million. The effective rate climbs from 1.5% to 1.94% between the first and the last price.
Inside Colima, the nearest computed neighbours on a MX$3 million home are Manzanillo MX$55,025 (same). The MX$9,235 recording fee comes from the state's own law, so it is identical in each of them and the gap is the municipal tax alone.
Tax and recording fee together take 2.14% of a MX$3 million price, MX$64,260, which is 2.5 monthly payments of MX$25,248 and 10.7% on top of the MX$600,000 down payment. On a home at the state median appraisal of MX$1,136,195 the same rules give MX$21,392, 1.88% of the price.
Ranked from the lightest to the heaviest of the 54 areas, Colima is 4th: just below it in the national ranking is Puebla (Puebla) at MX$54,000 and just above it is Manzanillo at MX$55,025. The lightest, Guanajuato, takes MX$24,144 on the same MX$3 million, so a buyer in Colima pays MX$30,881 more; the heaviest, Querétaro, takes MX$170,306, MX$115,281 more than Colima.
Beyond the three prices of this page, tax and fee reach MX$41,260 on MX$2 million, MX$110,260 on MX$5 million and MX$271,260 on MX$12 million. Between MX$3 million and MX$8 million, each extra peso of price carries 2 centavos of acquisition tax, more than the 1.83% average at MX$3 million. In the daily unit of account (UMA, MX$117 in 2026) the MX$3 million tax is 469 UMA and the recording fee 79.
In Colima, homes bought with a mortgage were appraised at a median of MX$1,136,195 from January to June 2026: the 25th highest of the 32 entities, 12.6% below the national median of MX$1,299,580. The mean, MX$1,476,614, is 1.3 times the median, so the distribution is fairly even; the upper quartile bound is 2 times the lower one. In that picture, a MX$3 million purchase is above the upper quartile bound of MX$1,632,574, in the top quarter of mortgage-financed homes.
The SHF price index of Colima rose +7.1% in a year, 0.2 points slower than Mexico's +7.3%: 19th of 32 entities ranked. The 2025 SNIIV count is 4,838 home loans to individuals in Colima, 6.6 per 1,000 residents of the 2020 census (median entity: 3.8), for an average of MX$902,572, 0.79 times the median appraisal. 23% of homes are rented there (2024), above the median entity's 14.4%, among the three highest shares.
A buyer at the state median appraisal with 20% down borrows MX$908,956; at the Banco de México average of 11.29% over 20 years that is MX$9,562 a month, against MX$25,248 for the MX$3 million example of this page.
| Measure | Value | Reference | Rank |
|---|---|---|---|
| Colima: Acquisition tax on MX$1 million | MX$15,025 | median MX$21,588 | 4th of 54 lightest |
| Colima: Acquisition tax on MX$3 million | MX$55,025 | median MX$75,000 | 4th of 54 lightest |
| Colima: Acquisition tax on MX$8 million | MX$155,025 | median MX$232,239 | 2nd of 54 lightest |
| Colima: Effective rate at MX$3 million | 1.83% | median 2.5% | 4th of 54 lightest |
| Colima: Effective rate at MX$1 and 8 million | 1.5% and 1.94% | gap 0.44 points | rising |
| Colima: Tax on MX$3 million in UMA | 469 UMA | MX$117 per UMA | 15.4 monthly UMA |
| Colima: Recording fee on MX$3 million | MX$9,235 | 0.31% of the price | 16.8% of the tax |
| Colima: Tax and fee on MX$3 million | MX$64,260 | 2.14% of the price | 9th of 54 lightest |
| Colima: Tax and fee on MX$12 million | MX$271,260 | 2.26% of the price | 4.2 times the MX$3 million bill |
| SHF index, Colima | +7.1% | Mexico +7.3% | 21st of 36 |
The figures
| Measure | Value | Source |
|---|---|---|
| Property transfer tax (ISTP) on MX$3 million | MX$55,025 | Ley de Hacienda para el Municipio de Colima, art. 25 and 28 (last reform Decreto 196, P.O. 2 Dec. 2025) |
| Recording fee, Registro Público de la Propiedad on MX$3 million | MX$9,235 | Ley de Hacienda para el Estado de Colima, art. 62 Bis 1-I and I Bis (last reform P.O. 30 June 2026) |
| SHF price index, Colima, change over a year | +7.1% | SHF, Q2 2026 |
| SHF price index, Colima, change over a year | +7.1% | SHF, Q2 2026 |
| Median appraisal value, Colima (Jan.-June 2026) | MX$1,136,195 | SHF |
| Mean appraisal value, Colima (Jan.-June 2026) | MX$1,476,614 | SHF |
| Home loans to individuals, Colima, 2025 (new and existing homes) | 4,838 | SNIIV |
| Average amount of those loans | MX$902,572 | SNIIV |
| Share of homes rented, Colima (2024) | 23% | Payotte calculation, INEGI ENIGH 2024 |
| Average fixed-rate mortgage offer (Sep. 2026) | 11.29% | Banco de México, CF303 |
The SHF publishes home prices in pesos by state only; for a municipality it publishes an index, not a price. The share of rented homes is Payotte's weighted count on 3,313 sampled homes of Colima in INEGI's ENIGH 2024, without a margin of error.
Municipalities of Colima on Payotte
Sources
- Acquisition tax: Ley de Hacienda para el Municipio de Colima, art. 25 and 28 (last reform Decreto 196, P.O. 2 Dec. 2025); the calculator.
- Recording fee: Ley de Hacienda para el Estado de Colima, art. 62 Bis 1-I and I Bis (last reform P.O. 30 June 2026).
- Prices: Sociedad Hipotecaria Federal, Índice SHF de Precios de la Vivienda en México, second quarter of 2026 (press release 05/2026, 10 August 2026), consulted 2026-10-15 (data).
- Loans: SEDATU, Sistema Nacional de Información e Indicadores de Vivienda (SNIIV), open data « Financiamientos » 2025; Banco de México, SIE, Tasas de Interés de Crédito a los Hogares (CF303), Indicador del Costo de Créditos Hipotecarios, September 2026.
- Renting: INEGI, Encuesta Nacional de Ingresos y Gastos de los Hogares (ENIGH) 2024, housing microdata; share of rented homes computed by Payotte, no margin of error.