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 | La Costa Condo | Condo for sale in Puerto Aventuras

La Costa Condo

Puerto Aventuras(Puerto Aventuras, Quintana Roo, Mexico, 77733)…

1Beds 1Baths $189,000USD

$189,000 USD
$3,205,440 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Puerto Aventuras
Tamaño de la Propiedad: 53 M2
Propiedad ID: 596364764
Hab.: 1
Información adicional sobre camas: Studio with loft
Baños: 1

Maravilloso departamento tipo estudio con tapanco

Este iluminado estudio se ubica frente en un cotizado edificio frente a la marina del exclusivo residencial con campo de golf, Puerto Aventuras. Difrute de practicar golf, tenis yoga esnorkel, buceo, deportes acuáticos y pesca deportiva en altamar, todo a tan solo unos pasos de su puerta en este hermoso departamento vacacional. Puerto Aventuras es una comunidad familiar, la mayoría de los restaurantes cierran a las 10pm y hay estrictas reglas contra el ruido después de las 11 pm.

Este amplio departamento es ideal para rentas vacacionales o como su propio hogar en el paraíso. Cuenta con una moderna cocina completamente equipada, una sala-comedor muy iluminada que se abre a un balcón privado con espectaculares vistas a la marina. Este sitio es encantador para disfrutar de su café por la mañana o una copa de vino por la tarde. El loft cuenta con techos altos que lo hace muy cómodo para caminar. Este departamento ofrece con pisos de cerámica y acabados de primera calidad que son duraderos y fáciles de mantener. Se ofrece a la venta sin muebles pero equipado con ventiladores de techo, aire acondicionado, lavadora y secadora.

El edificio cuenta con alberca y áreas comunes con camastros, palmeras y hermosos jardines tropicales. Esta área ofrece internet de alta velocidad estable.

Este departamento es una gran oportunidad de inversión, puede estar seguro que no permanecerá mucho tiempo en el mercado. Póngase en contacto con uno de nuestros agentes para más información