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 | Ophelia Hope | Condo for sale in Tulum

Ophelia Hope

Aldea Zamá (Tulum, Quintana Roo, MX - 77760)…

1Beds 1Baths $151,515USD

$151,515 USD
$2,599,997 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: 32 m2
Propiedad ID: 530532931
Hab.: 1
Baños: 1

Estudio en venta en Tulum

Este estudio en venta en Ophelia está ubicado en la exclusiva zona residencial de Aldea Zama en Tulum. El complejo está rodeado de selva y se encuentra a pocos minutos del centro bohemio de Tulum y la nueva carretera que conduce directamente a la zona hotelera y las hermosas playas de arena blanca. Los amantes de la naturaleza adorarán la proximidad a las ruinas de Tulum, Coba y docenas de increíbles cenotes dispersos por la selva maya.

El complejo cuenta con una hermosa alberca estilo resort y una terraza con camastros. Ofrece amenidades exclusivas como gimnasio, bar, espacio de coworking, cocina al aire libre y más. Los jardines están bellamente cuidados con palmeras, vegetación tropical y árboles que proporcionan muchas áreas frescas y sombreadas. Este complejo residencial es seguro, con acceso controlado y seguridad las 24 horas. También cuenta con un lobby tipo hotel, lavandería y estacionamiento.

Ideal para solteros o parejas, este estudio es perfecto para rentas vacacionales o como tu propio refugio caribeño. Ofrece 32 metros cuadrados de espacio habitable con un closet y una cocineta con fregadero, una estufa eléctrica y espacio para un mini refrigerador. Tiene ventalanes que permiten entrar mucha luz natural y se abren a una terraza privada con vistas a la selva. Este es un lugar encantador para disfrutar de su café matutino y desayuno o una copa de vino por la noche. Este departamento se encuentra a pocos pasos de la alberca y las áreas comunes. Se vende sin amueblar pero equipado con aire acondicionado.

Este departamento es perfecto para quienes buscan un departamento asequible o una propiedad vacacional rentable en el corazón de Tulum. Contacte a uno de nuestros agentes hoy mismo para obtener más información.