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 | Casa Paco 1 Bedroom | Condo for sale in Playa Del Carmen

Casa Paco 1 Bedroom

Ejido Sur (Playa del Carmen, Quintana Roo, MX - 77710)…

1Beds 1Baths $146,875USD

$146,875 USD
$2,520,375 MXP
Estimate only. Updated Daily.

Danielle Knod

Request more information

En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 52 – 71 sq. mt.
Propiedad ID: 534579385
Hab.: 1
Baños: 1

Nuevos departamentos en venta en Playa del Carmen

Casa Paco es un edificio boutique con 11 unidades en el creciente barrio Ejido Sur en Playa del Carmen. El complejo se encuentra del lado de la selva, a solo 10 minutos del centro y toda la emoción de la mundialmente famosa Quinta Avenida. Nunca estará lejos de playas bañadas por el sol y una cocina de clase mundial. Este destino turístico de fama mundial es reconocido globalmente por tener algunas de las playas de arena blanca más hermosas y aguas cristalinas de color turquesa en el mundo.

Estos nuevos departamentos de 1 y 2 recámaras, y penthouses, únicos desde el punto de vista arquitectónico, son ideales para rentas vacacionales o como su propio hogar en el paraíso. Cuentan con un amplio diseño de concepto abierto que incluye una cocina completa, una sala de estar, un área de comedor, una lavandería y una terraza privada. Las recámaras tienen clósets de madera y baños completos con regaderas a nivel del suelo y tocadores de concreto. El exclusivo penthouse de dos pisos tiene una azotea privada con una alberca de inmersión y una recámara principal con terraza. Estos departamentos cuentan con pisos de concreto pulido y acabados naturales de alta calidad que son duraderos y fáciles de mantener. Se ofrecen en venta sin amueblar, pero equipados con aire acondicionado.

Este nuevo desarrollo cuenta con una alberca, una azotea con bar, áreas verdes y estacionamiento. El complejo es seguro con acceso controlado y circuito cerrado de televisión. Está cerca de bancos, el Centro Maya Mall, Sam's Club, hospitales y servicios de la ciudad. Esta zona también ofrece acceso a Internet de alta velocidad confiable.

Estos departamentos son ideales quienes buscan una propiedad vacacional rentable en Playa del Carmen. La entrega está programada para el 2023. Póngase en contacto con uno de nuestros amigables y conocedores agentes hoy para obtener información sobre los precios de preventa y opciones.