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 | Alma Tulúm Villa single story | House for sale in Tulum

Alma Tulúm Villa single story

Playa las Palmas (Tulum, Quintana Roo, MX 77760)…

3Beds 3Baths $3,285,450USD

$3,285,450 USD
$56,476,886 MXP
Estimate only. Updated Daily.

Danielle Knod

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For Sale

Property Description

Property Type: House
Status: For Sale
Location: Tulum
Property Size: 365.05-411.49 M2
Property ID: 551433510
Beds: 3
Baths: 3

New beachfront villas for sale in Tulum

Alma Tulum is a new oceanfront residential development with a fantastic location along the Caribbean coast just a few minutes south of the Tulum ruins. It offers 34 luxury villas with their own beach and resort-style amenities. The complex is surrounded by the white sands of Playa las Palmas and located just minutes from the bohemian chic town center of Tulum. Nature lovers will adore the proximity to the national park and dozens of amazing cenotes that are scattered throughout the Mayan jungle.

These beautiful single-story and 2-story beachfront villas have everything you could want in a vacation or retirement home. They are designed in a contemporary American style and feature vaulted ceilings and retractable glass walls that let in tons of natural light. All of the residences have 3 bedrooms and a spacious private terrace with a pool and a sunbathing area. This is a lovely spot to bask in the sun or dine al fresco under the stars. The master bedroom has a luxurious master bath with a soaking tub and a double vanity. These villas have tile floors and top-quality finishes that are durable and easy to maintain. They are being offered for sale unfurnished but equipped with ceiling fans and air conditioning.

This new development features an exclusive beach club with an infinity pool and boutique restaurant bar. Just steps away, you can lounge on the beach or head out snorkeling, kayaking, or paddleboarding in the calm, clear Caribbean waters. It also offers a spa, a gym, a yoga area, and 24-hour security.

Perfect for owners in search of the laid-back Caribbean lifestyle, these new oceanfront villas are sure to be an excellent source of rental income or a comfortable year-round residence. Delivery is scheduled for 2024. Contact one of our friendly and knowledgeable agents today for more information.

Amenities

Interior features/finishes

Ceiling Fan

View

Beachfront
Ocean Front

Cooling

3+ Mini Splits

Lot Features

Beach Club
Clubhouse
Deck
Garden Area
Infiniti Pool
Patio
Playground
Private Pool
Restaurant
Yoga Area

Sewer & Water

Cistern
Private Septic

Appliances

Gas Range
Hood Fan
Oven Range

Extra Features

Fitness Center
Kitchen Island
New Home
Pets Allowed
Private Road
Roof Terrace
Security
Spa

Parking Spaces

Year Built

2024

HOA Fees

Taxes

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Alma Tulúm Villa single story | House for sale in Tulum

Alma Tulúm Villa single story