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 | Distrito Playa Loft | Condo for sale in Playa Del Carmen

Distrito Playa Loft

Gonzalo Guerrero (Playa del Carmen, Quintana Roo, Mexico, 77720)…

1Beds 1Baths $176,000USD

$176,000 USD
$3,020,160 MXP
Estimate only. Updated Daily.

Kelly Maier

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 46.64 M2
Propiedad ID: 580465091
Hab.: 1
Información adicional sobre camas: loft
Baños: 1

Este nuevo proyecto de departamentos, llamado Distrito Playa, cuenta con 25 unidades y una ubicación inmejorable a tan solo dos cuadras de la playa en el corazón de Playa del Carmen. El complejo se encuentra a pocos pasos de tiendas, restaurantes, vida nocturna y toda la emoción de la cotizada Quinta Avenida. Esta es una de las mejores ubicaciones en la ciudad y atrae a un flujo constante de huéspedes, garantizando su constante ocupación en renta y asegurando un retorno saludable de tu inversión durante muchos años.

Estos nuevos estudios, lofts y departamentos de 1 y 2 habitaciones son ideales para quienes buscan un departamento asequible o una propiedad vacacional rentable cerca de la playa en Playa del Carmen. Ofrecen una amplia distribución abierta con cocina equipada, barras de granito, sala de estar, comedor y un balcón privado con vistas a la ciudad. Este es un lugar encantador para disfrutar de su café y desayuno o de una copa de vino por la noche. Todas las residencias cuentan con cuarto de lavado y algunas tienen vestidores. Estos departamentos se ofrecen en venta sin amueblar, pero con ventiladores de techo y aire acondicionado.

Tanto usted como tus huéspedes disfrutarán de la vista al mar desde el rooftop, que cuenta con alberca, zona de parrillas y social, gimnasio, área de yoga y espacio de coworking. El complejo es seguro y protegido con acceso controlado y seguridad las 24 horas. Se encuentra a solo una cuadra de un complejo deportivo con pista de atletismo, canchas de baloncesto y más.

Estos departamentos son perfectos para rentas vacacionales. La entrega está programada para el 2025. Póngase en contacto con uno de nuestros agentes hoy mismo para obtener más información.