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 | Hideaways Tulum 1 bedroom PH | Condo for sale in Tulum

Hideaways Tulum 1 bedroom PH

Region 8 (Tulum, Quintana Roo, MX, 77765)…

1Beds 1Baths $233,000USD

$233,000 USD
$3,998,280 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Tulum
Tamaño de la Propiedad: 78 M2
Propiedad ID: 555330259
Hab.: 1
Baños: 1

Nos complace presentarle los nuevos departamentos ubicados cerca de la playa. Hideaways Tulum es un nuevo condo hotel diseñado de manera sustentable con una variedad de lujosas amenidades en la Región 8 en Tulum. El complejo está rodeado de selva y se encuentra a tan solo minutos del centro de Tulum y de la nueva carretera que conduce directamente a la zona hotelera y a las hermosas playas de arena blanca. Los amantes de la naturaleza adorarán la proximidad a las ruinas de Tulum, Coba y docenas de impresionantes cenotes que se encuentran dispersos por la selva maya.

Estos nuevos estudios y departamentos de 1 y 2 habitaciones, así como los penthouses, son perfectos para rentas vacacionales. Ofrecen diferentes diseños y distribuciones para satisfacer sus necesidades, incluyendo unidades en planta baja con techos de doble altura, suites en niveles intermedios y exclusivos penthouses con rooftops privados. Todas las modernas unidades cuentan con amplias terrazas, y algunas tienen jardines privados o rooftops con albercas pequeñas. Se ofrecen en venta completamente amueblados, equipados y listos para mudarse o alquilar. El edificio de departamentos también cuenta con tecnologías ecológicas como una planta de tratamiento de agua, recolectores de lluvia, biodigestores para desechos orgánicos, un plan de reforestación y paneles solares para energía verde.

Un complejo cerrado y seguro, Hideaways ofrece amenidades estilo resort, como un restaurante, alberca estilo cenote con bar, área de fitness, spa en la selva, jardín zen, templo de yoga,centro de negocios y cine al aire libre con fogata. Este desarrollo residencial de clase mundial cuenta con operación hotelera de Wyndham con servicio completo que incluye el mantenimiento de áreas comunes, servicio a la habitación y conserje.

Estos departamentos ofrecen excelentes amenidades y una ubicación fantástica a un buen precio. La entrega está programada para el 2024. No dude en ponerse en contacto con uno de nuestros agentes hoy mismo para obtener más información.