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 | Klem Residence | Condo for sale in Playa Del Carmen

Klem Residence

Coco Beach (Playa del Carmen, Quintana Roo, MX - 77710)…

2Beds 2Baths $295,000USD

$295,000 USD
$5,062,200 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: 101.89 sq. mt.
Propiedad ID: 563239197
Hab.: 2
Baños: 2

Departamento en venta cerca de la playa y la 5ta Avenida

Este departamento en venta en Klem Luxury Residences se encuentra al norte del centro de Playa del Carmen, en la cotizada colonia de Coco Beach. Con fácil acceso a las hermosas playas de arena blanca y vistas panorámicas del Mar Caribe, esta colonia ofrece un estilo de vida envidiable junto al mar. Esta es una de las mejores ubicaciones en la ciudad y atrae a una constante corriente de turistas, garantizando su ocupación constante y asegurando un saludable retorno de inversión durante muchos años por venir.

Este luminoso y moderno departamento de 2 habitaciones tiene todo lo que podría desear en una casa vacacional o una residencia de tiempo completo. Cuenta con un espacioso espacio de estar abierto con ventanas de piso a techo y puertas corredizas que dejan entrar mucha luz solar caribeña. Tiene una cocina totalmente equipada con encimeras de granito y electrodomésticos de alta calidad para que pueda preparar fácilmente comidas en casa. La sala de estar se abre a un balcón privado, perfecto para disfrutar de su café matutino y desayuno o una copa de vino por la noche. Hay dos recámaras amplias, ambas con baños en suite, así como un sofá cama desplegable y un medio baño en la sala de estar. Este departamento tiene pisos de cerámica y acabados de alta calidad que son duraderos y fáciles de mantener. Se ofrece en venta completamente amueblado y equipado con ventiladores de techo y aire acondicionado.

Usted y sus huéspedes adorarán la increíblerooftop con alberca, camastros y un área de comedor al aire libre. El edificio de departamento es seguro y protegido con acceso controlado y cámaras de seguridad. Tiene un elevador y estacionamiento subterráneo. Esta área también ofrece acceso confiable a Internet de alta velocidad.

Este lujoso departamento en venta en Playa del Carmen es perfecto para rentas vacacionales o como su propio hogar en el paraíso. No dude en ponerse en contacto con uno de nuestros agentes amigables y conocedores hoy mismo para obtener más información.