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 | Central Park Studio | Condo for sale in Tulum

Central Park Studio

La Veleta (Tulum, Quintana Roo, MX - 77760)…

1Beds 1Baths $149,000USD

$149,000 USD
$2,556,840 MXP
Estimate only. Updated Daily.

Sarah Fouts

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Tulum
Tamaño de la Propiedad: 36 sq. mt.
Propiedad ID: 560397123
Hab.: 1
Baños: 1

Encantador estudio con amenidades tipo resort

Este estudio en venta en Central Park está ubicado en La Veleta de Tulum. El complejo está rodeado de selva tropical y se encuentra a tan solo minutos del centro de Tulum y de la nueva carretera que conduce directamente a la zona hotelera y las hermosas playas de arena blanca. Los amantes de la naturaleza adorarán la cercanía a las ruinas de Tulum, Cobá y decenas de asombrosos cenotes que se encuentran dispersos por toda la selva maya.

Ideal para solteros o parejas, este estudio de 36 m2 está diseñado para maximizar el espacio y ofrecer comodidad, innovación y estilo. Cuenta con una pequeña cocina con refrigerador grande, microondas y cocina eléctrica, y un espacio habitacional con suficiente amplio para una cama tamaño king. Este departamento se abre a un patio con mesa y sillas, perfecto para disfrutar de su café y desayuno por la mañana o de una copa de vino por la noche. El baño cuenta con ducha de lluvia y closet con caja fuerte. Se ofrece a la venta amueblado y equipado con ventiladores de techo y aire acondicionado.

Central Park ofrece todo el lujo y las comodidades de vivir en un resort con fantásticas amenidades, que incluyen gimnasio con pared para escalar, una gran alberca y terraza, spa con temazcal y circuito completo, restaurante y bar, centro de negocios. El complejo es seguro y protegido con acceso controlado y seguridad las 24 horas. Cuenta con un sistema de filtración de agua, paneles solares para energía verde y Wi-Fi en las áreas comunes.

Este estudio es perfecto para rentas vacacionales o como su propia casa en el paraíso. Póngase en contacto con uno de nuestros agentes hoy mismo para obtener más información.