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 | Arenis 1 bed PH | Condo for sale in Playa Del Carmen

Arenis 1 bed PH

Centro (Playa del Carmen, Quintana Roo, Mexico, 77710)…

1Beds 2Baths $259,999USD

$259,999 USD
$4,461,583 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Propiedad ID: 581244381
Hab.: 1
Baños: 2

Espectacular penthouse con vista al mar y azotea privada

Este penthouse ofrece con una ubicación inmejorable en el centro de Playa del Carmen. El complejo Arenis se encuentra a solo unas cuadras de la mundialmente famosa Quinta Avenida y a un minuto de la playa. Esta es una de las mejores ubicaciones en la ciudad y atrae constantemente a turistas, garantizando una ocupación constante y asegurando un retorno saludable de tu inversión durante muchos años.

Este luminoso y moderno penthouse de 1 recámara y 2 baños tiene todo lo que puedas desear en una propiedad vacacional o residencia permanente. Cuenta con un espacioso diseño de planta abierta con una cocina totalmente equipada con isla y una luminosa sala de estar con centro de entretenimiento. Se abre a un balcón privado que da a un hermoso patio central ajardinado. Este es un lugar encantador para disfrutar de tu café y desayuno por la mañana o de una copa de vino por la noche. Una escalera de caracol con un mural colorido te lleva a tu propia azotea privada con jacuzzi, ducha al aire libre y una zona de estar con estructura de sombra. Este departamento brilla con pisos de cerámica y acabados de alta calidad que son duraderos y fáciles de mantener. Se ofrece a la venta completamente amueblado y equipado con ventiladores de techo y aire acondicionado.

Usted y sus huéspedes adorarán la azotea compartida con vista al mar, piscina infinita y zona de estar. Por la noche, podrá disfrutar de todas las estrellas o incluso de las luces centelleantes de Cozumel. El edificio es seguro y protegido con acceso controlado y seguridad las 24 horas. Cuenta con un vestíbulo tipo hotel, un gimnasio, un centro de negocios, acceso en ascensor y estacionamiento. Esta zona también ofrece acceso confiable a Internet de alta velocidad.

Este penthouse ofrece excelentes amenidades y una fantástica ubicación a buen precio. Póngase en contacto con uno de nuestros agentes hoy para obtener más información.