Can foreigners really own property in Mexico?

es! Today, Mexican laws give foreigners the ability to own real estate in Mexico. There is, however, a Restricted Zone that extends 50 km inland from the coastline. Outside the Restricted Zone, a foreigner may acquire land and be direct owners of the property with all the rights of a Mexican national in compliance with Mexican Law. Inside the Restricted Zone, there are two alternatives for foreigners who wish to buy real estate. Since 1973, foreigners have been able to purchase coastal property through a Mexican bank trust, known as a Fideicomiso.

Can I get financing for my real estate purchase in Mexico?

Unfortunately, at this time, there are no financing or mortgage options for foreign buyers in Quintana Roo. This can change at any time and updates will be posted.

What about the availability of title insurance?

Beginning in 1996, Stewart Title Mexico began underwriting title insurance for Mexican properties at an approximate cost of 1% of the insured amount. Other types of insurance, including property, liability, damage, and earthquake, are all readily available in Mexico, at low cost, and policies can be written to pay claims in U.S. dollars.

What can I expect to pay in property taxes?

Property taxes have historically been low in Mexico because they have never been considered a source of governmental revenue. Known as Predial, the tax is calculated as a percentage (currently .25% of the assessed value), determined at the time of sale. Generally speaking, you can expect to pay $100usd per $100,000usd of assessed value yearly.

Who will manage my property when I am not using it?

Choosing the right Property Management company can mean the difference between an excellent appreciating investment and a huge liability. If you are a property owner in search of Property Management, we are happy to be able to refer you to the best, most professional Property Management companies and will gladly arrange a meeting with their teams. The right management company for you will take the time to a construct a cohesive plan that will best serve your particular needs and help you to realize your property's maximum potential and protect your investment.

Why should I consider buying property in Mexico?

The coastal real estate market in Mexico is booming. Mexico's economy, the 9th largest in the world, values and encourages foreign investment dollars and especially tourism; Mexico is a top world-destination for both vacation and retirement among US and Canadian

Playa Del Carmen and Tulum Mexico Real Estate | La Bella Vie | House for sale in Akumal

La Bella Vie

Half Moon Bay(North Akumal, Quintana Roo, Mexico)…

4Beds 4.5Baths $1,730,000USD

$1,730,000 USD
$28,735,300 MXP
Estimate only. Updated Daily.

Marieke Brown

Request more information

For Sale

Property Description

Property Type: House
Status: For Sale
Property Status
Location: Akumal
Property Size: 341 M2
Property ID: 599645905
Beds: 4
Baths: 4.5
Baths Comment: 4 full 1 half

Gorgeous townhouse with roof terrace and beachfront pool terrace

This modern and luxurious 3-story townhouse features an unbeatable location on Half Moon Bay in the quiet community of North Akumal. With endless white sandy beaches, clear turquoise Caribbean waters, and incredible snorkeling spots at every turn, Akumal's Half Moon Bay has become a haven for buyers in search of that laid-back Mexico beach vibe. This tiny seaside village supports a full-service dive shop, a small grocery store, and a handful of cafes and restaurants with great food and live music.

This completely renovated 4-bedroom, 4.5-bath oceanfront home has everything you could want in a vacation home or a year-round residence. It features a spacious open floor plan with floor-to-ceiling windows that let in tons of natural light. It has a fully equipped kitchen with an island and a beautifully decorated living room and dining area. It opens out onto a beachfront terrace with a plunge pool and an outdoor grill area, perfect for entertaining on hot days or laid-back evenings. It also features a fantastic rooftop terrace with a palapa style roof and panoramic ocean views. This home shines with tile floors and top-quality finishes. It is being offered for sale fully furnished and equipped with all the practical amenities that you would expect, including ceiling fans, air conditioning, and a washer and dryer.

Perfect for people who want a Caribbean getaway for vacations, or even to retire to, this townhome will bring many years of personal enjoyment while providing an excellent income if used for vacation rentals. Contact one of our friendly and knowledgeable agents today for more information.