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 | Amares Casas 2 Bedrooms + Studio + Lot | House for sale in Xpu Ha

Amares Casas 2 Bedrooms + Studio + Lot

Xpu Ha (Solidaridad, Quintana Roo, MX - 77734)…

$438,900USD

$438,900 USD
$7,386,687 MXP
Estimate only. Updated Daily.

Danielle Knod

Request more information

For Sale

Property Description

Property Type: House
Status: For Sale
Location: Xpu Ha
Lot Size: 198.92 sq. mt.
Property ID: 540342062
Beds: 3

New luxury homes with resort-style amenities

Amares is a new 35-acre gated residential development with an unbeatable location in the tiny seaside community of Xpu-Ha. Nestled in the heart of the Riviera Maya, it offers exclusivity and privacy but also easy access to fantastic beaches. This quiet area is located about halfway between Playa del Carmen and Tulum and just over an hour's drive from the airport. Nature lovers will adore the proximity to Mayan ruins, eco-parks, and dozens of amazing cenotes that are scattered throughout the jungle.

These beautiful new luxury homes are perfect for use as a vacation home or a year-round residence. You’ll be able to choose from five different models with 1–5 bedrooms and 2–5 baths. All of the homes feature a spacious open concept layout with a full kitchen with an island, a living and dining room, multiple terraces, and a huge backyard with a private pool and garden. The properties are fully walled-in, offering a wonderful sense of security and privacy for you and your guests. These homes are beautifully designed with ceramic tile floors, natural materials, and top-quality finishes. They are being offered for sale unfurnished but equipped with ceiling fans, air conditioning, and solar panels for green energy.

This exclusive new development offers resort-style amenities such as a clubhouse with a lounge and pools for adults and kids, a wellness center, a gastronomic club and organic garden, a commercial area with shops and restaurants, a large central park with a gym and sports center, and preferential beach club access. The complex is safe and secure with controlled access and 24-hour security. It has high-quality access roads, public lighting, and access to city services, including electricity, water, phone, and reliable high-speed internet access. The developer has taken great care in preserving 60 percent of the existing jungle and ensuring the maximum amount of greenery is left untouched.

Perfect for owners in search of the laid-back Caribbean lifestyle, these homes will bring many years of personal enjoyment while providing an excellent income if used for vacation rentals. Delivery is scheduled for 2024. Pre-construction prices are subject to availability and are time sensitive. For current pricing availability contact one of our friendly agents today!