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 | Lomas Mariposa | Condo for sale in Playa Del Carmen

Lomas Mariposa

Zazil Ha (Playa del Carmen, Quintana Roo, MX - 77710)…

2Beds 2Baths $242,000USD

$242,000 USD
$4,152,720 MXP
Estimate only. Updated Daily.

Sarah Fouts

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 100 sq. mt.
Propiedad ID: 545886273
Hab.: 2
Baños: 2

Departamento en venta cerca de la playa y 5ta Avenida

Este departamento cuenta con una ubicación inmejorable entre la 5ta Avenida y la playa en el popular barrio Coco Beach de Playa del Carmen. Con fácil acceso a las hermosas playas de arena blanca y vistas panorámicas del Mar Caribe, este vecindario ofrece un estilo de vida de playa envidiable. Esta es una de las mejores ubicaciones de la ciudad y atrae un flujo constante de inquilinos de vacaciones, lo que garantiza su ocupación de alquiler constante y asegura un retorno saludable de su inversión durante muchos años.

Este departamento luminoso y alegre de 2 recámaras y 2 baños es perfecto para rentas vacacionales o como su propia casa en el paraíso. Cuenta con una amplia distribución abierta y much aluz natural. Tiene una cocina totalmente equipada con una mesa montada en la pared y una luminosa sala de estar y comedor que se abre a un balcón privado con vista al área de la piscina. Este es un lugar encantador para disfrutar de su café de la mañana o de una copa de vino por la noche. Este condominio viene equipado con ventiladores de techo, aire acondicionado y una lavadora. Se ofrece a la venta completamente amueblado y listo para que lo haga suyo.

El edificio ofrece un hermoso patio central con piscina y jardines tropicales. Esta área de Playa del Carmen es un destino popular para vacacionistas y residentes de tiempo completo, lo que la convierte en una buena inversión para su futuro. Esta área también ofrece acceso confiable a Internet de alta velocidad.

Perfecto para usar como casa de vacaciones o como residencia durante todo el año, este condominio brindará muchos años de disfrute personal y al mismo tiempo proporcionará un excelente ingreso si se usa para alquileres de vacaciones. Póngase en contacto con uno de nuestros amables y expertos agentes hoy para obtener más información.