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 | Tres Patios 3 bedroom | Condo for sale in Playa Del Carmen

Tres Patios 3 bedroom

Ejido Sur (Playa del Carmen, Quintana Roo, MX, 77712)…

3Beds 2Baths $238,545USD

$238,545 USD
$4,093,432 MXP
Estimate only. Updated Daily.

Danielle Knod

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 110 M2
Propiedad ID: 554088592
Hab.: 3
Baños: 2

Nuevos departamentos en venta en exclusivo residencial

Tres Patios es un nuevo desarrollo de lujo con excelentes amenidades en el Ejido Sur en Playa del Carmen. Esta tranquila área está ubicada justo al lado de la carretera, a pocos minutos al sur de Playacar y cerca de todos los servicios y comercios de la ciudad. Está al alcance de supermercados, la nueva Escuela Papalote y el Centro Maya. Situado aproximadamente a medio camino entre el centro de Playa del Carmen y Xcaret, ofrece exclusividad y privacidad, pero también un fácil acceso a playas fantásticas.

Estos nuevos departamentos de 2 y 3 habitaciones tienen todo lo que podría desear en una casa. Ofrecen un amplio diseño abierto con ventanas de piso a techo que dejan entrar toneladas de sol caribeño. Todas las residencias cuentan con cocina completamente equipada, cómoda sala de estar y comedor, y terraza privada. El dormitorio principal tiene un vestidor y un lujoso baño principal. Estos departamentos tienen pisos de azulejo y acabados de alta calidad que son duraderos y fáciles de mantener. Se ofrecen a la venta sin amueblar, pero equipados con ventiladores de techo y aire acondicionado.

Un complejo cerrado y seguro, Tres Patios integra un club con alberca y espacios recreativos como canchas de pádel, parque infantil dinámico, jardín de hamacas, zona de barbacoa, gimnasio al aire libre, jardín urbano y parque para perros. Esta área también ofrece acceso confiable a Internet de alta velocidad.

Estos departamentos son perfectos para rentas vacacionales o como su propio hogar en el paraíso. La entrega está programada para el 2024. Póngase en contacto con uno de nuestros agentes hoy mismo para obtener más información.