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 | Studio Playa | Condo for sale in Playa Del Carmen

Studio Playa

Colosio(Playa del Carmen, Quintana Roo, MX, 77710)…

1Beds 1Baths $155,000USD

$155,000 USD
$2,659,800 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
Tamaño de la Propiedad: 39.65 SQ M
Propiedad ID: 563765625
Hab.: 1
Baños: 1

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

Este estudio en el tercer piso cuenta con una ubicación privilegiada a solo una cuadra de la mundialmente famosa 5ta Avenida y a un minuto de la playa en la cotizada zona de Coco Beach en Playa del Carmen. Con fácil acceso a las hermosas playas de arena blanca y amplias vistas al Mar Caribe, esta zona ofrece un estilo de vida envidiable junto al mar. Esta es una de las colonias de más rápido crecimiento en la ciudad y atrae a un constante flujo de rentistas de vacaciones, garantizando un retorno saludable de su inversión durante muchos años.

Ideal para solteros o parejas, este estudio lleno de luz ofrece más de 400 pies cuadrados de espacio habitable. Cuenta con una cocina con electrodomésticos premium, incluyendo un refrigerador compacto, un microondas y una estufa eléctrica con campana extractora. Este estudio tiene una zona de estar amueblada, un balcón privado y un área de descanso con una cama y un amplio closet empotrado. También cuenta con un lujoso baño completo con una ducha amplia y un closet de lavandería con lavadora. Este estudio está bien mantenido, con pisos de azulejo y acabados de alta calidad. Se ofrece en venta completamente amueblado y equipado con ventiladores de techo y aire acondicionado.

Usted y sus huéspedes adorarán la increíble terraza en el rooftop con una alberca y vistas panorámicas al océano. Este es un lugar encantador para tomar el sol o recibir a sus invitados. El edificio del estudio es seguro con acceso controlado y estacionamiento. Esta área también ofrece acceso confiable a internet de alta velocidad.

Si está interesado en generar ingresos por alquileres vacacionales, no hay mejor opción que un estudio cerca de la playa en Playa del Carmen. Contacte a uno de nuestros amigables y conocedores agentes hoy mismo para obtener más información.