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 | Cenote lot-Pueblo SacBe | Lot for sale in Playa Del Carmen

Cenote lot-Pueblo SacBe

SacBe (Playa del Carmen, Quintana Roo, Mexico, 77724)…

$1,450,000USD

$1,450,000 USD
$24,882,000 MXP
Estimate only. Updated Daily.

Danielle Knod

Request more information

For Sale

Property Description

Property Type: Lot
Status: For Sale
Location: Playa Del Carmen
Lot Size: 14,017 M2
Property ID: 589900674

Beautiful off-grid land with private cenote and cavern

Now for sale in Pueblo Sacbe, an ecological off-grid jungle community just a few miles from the center of Playa del Carmen, this huge mixed-use lot sits on 3.5 acres of jungle land complete with a private cenote and cavern, a unique feature of Yucatan real estate. This secure gated community is surrounded by tropical jungle and located just minutes from the natural beauty of the Caribbean coast.

Established in 1998, Pueblo Sacbe is a carefully planned 134-acre off-grid jungle community surrounded by nature and built on the principles of sustainability. The original concept for the community was to preserve the natural environment and serve as a refuge for wildlife. It is made up of mostly private lots, but there are also common areas, including two huge community cenotes, a community amphitheater, roads, a few parks, and a few biking and hiking trails. It is perfect for people seeking to disconnect and spend time in nature, while still being close to all the goods and services of town.

To view this property firsthand is a truly magical experience. This spectacular 3.46-acre jungle lot is approved for residential and commercial land use. Two roads have been created into the property and there is permission in place to build up to 20 homes. The highlight of this unique property is a large private cenote and cavern space. The area around the cenote is beautifully maintained with pathways and fruit trees that provide plenty of cool, shady areas. This is a wonderful spot to relax and enjoy the tropical flowers and visiting birds, butterflies, and the occasional Toucan or monkey.

The Sacbe complex provides gatekeeper service to limit access, a recycling and trash management area, and well water distribution to the lot line. Internet access is also available. Owners are responsible for their own ecological power systems and non-polluting waste water treatment systems.

This could be the perfect site for glamping, yoga retreats, or to build your own personal off-the-grid Caribbean getaway. The possibilities are endless and how you use the property is only limited by your imagination. Contact one of our friendly and knowledgeable agents today for more information.