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 | Aqua Terra 2 bed | Condo for sale in Playa Del Carmen

Aqua Terra 2 bed

Gonzalo Guerrero(Playa del Carmen, Quintana Roo, Mexico, 77710)…

2Beds 2Baths $288,000USD

$288,000 USD
$4,942,080 MXP
Estimate only. Updated Daily.

Sarah Fouts

Request more information

En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 132 M2
Propiedad ID: 590425076
Hab.: 2
Baños: 2

Departamento en venta cerca de la playa y la Quinta Avenida

Este hermoso departamento en venta en Aqua Terra ofrece una fantástica ubicación justo al norte del centro en Playa del Carmen. El edificio está situado a tan solo dos cuadras de la famosa Quinta Avenida y a un minuto de la playa. Muchos de los mejores restaurantes de la ciudad, clubes de playa y el ferry a Cozumel están a solo unos pasos de distancia. Esta es una de las mejores ubicaciones en la ciudad y atrae a un constante flujo de vacacionistas, asegurando un buen retorno de inversión durante muchos años.

Este departamento de 2 habitaciones y 2 baños, listo para habitar, cuenta con un amplio plano de planta abierto y recibe toneladas de sol caribeño. Tiene una cocina completamente equipada con barra para desayunos y electrodomésticos de acero inoxidable. La sala de estar y el comedor se abren a un balcón privado con vistas a la ciudad, perfecto para disfrutar de su café matutino y desayuno o una copa de vino por la noche. La habitación principal tiene un vestidor, acceso al balcón y un lujoso baño en suite. Este departamento tiene pisos de baldosas y acabados de alta calidad que son duraderos y fáciles de mantener. Viene equipado con ventiladores de techo y aire acondicionado.

Aqua Terra cuenta con una gran alberca y hermosos jardines tropicales. El complejo es seguro y protegido con acceso controlado y estacionamiento reservado. Se encuentra cerca de paradas de transporte público, tiendas de abarrotes, restaurantes y un complejo deportivo con una pista de atletismo, canchas de básquetbol y más. Esta área también ofrece acceso a Internet de alta velocidad confiable.

Este departamento es perfecto para quienes buscan una propiedad en el caribe para vacacionar o como inversión. Póngase en contacto con uno de nuestros agentes hoy mismo para obtener más información.