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 | Santamar 101 | Condo for sale in Akumal

Santamar 101

Punta Sur (Akumal, Quintana Roo, Mexico, 77775)…

3Beds 3Baths $329,000USD

$329,000 USD
$5,579,840 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Akumal
Propiedad ID: 577806317
Hab.: 3
Baños: 3

Este lujoso departamento vacacional está ubicado frente a la playa de Punta Sur en Akumal. Este residencial está rodeado de selva y se encuentra a tan solo pasos de la belleza natural de la costa caribeña. Está a solo minutos del Tulum Country Club y del PGA Riviera Maya Golf Club. Akumal está situado en el corazón de la Riviera Maya, aproximadamente a medio camino entre Playa del Carmen y Tulum, y a solo 80 km al sur del Aeropuerto Internacional de Cancún.

Este luminoso y moderno departamento de 3 habitaciones y 3 baños tiene todo lo que podría desear en una casa de vacaciones o una residencia permanente. Está convenientemente ubicado en el nivel del jardín y recibe mucha luz natural. Este departamento cuenta con una amplia distribución de concepto abierto que incluye una cocina completamente equipada con isla, una soleada sala de estar y un cuarto de lavado. Se abre a una terraza cubierta privada con jacuzzi. Suficiente espacio de almacenamiento en la cocina y armarios en las habitaciones hacen que este espacio sea cómodo para la vida diaria y una delicia para sus huéspedes de vacaciones. Este departamento brilla con electrodomésticos de primera calidad y acabados de alta calidad. Se ofrece a la venta completamente amueblado y equipado con ventiladores de techo y aire acondicionado.

El complejo Santamar ofrece amenidades estilo resort, incluyendo dos albercas comunes, un gimnasio completamente equipado, estudio de yoga, sendero para caminar, club de playa y precios con descuento en golf y en el TAO Wellness Center, parte integral de la comunidad. El edificio es seguro y cuenta con entrada con portón, elevador y estacionamiento. Cuenta con una increíble vista al mar en el rooftop que cuenta con una alberca infinita y área de descanso que usted y sus huéspedes adorarán. Esta zona también ofrece acceso a internet de alta velocidad confiable.

Perfecto para personas quienes buscan una propiedad en el caribe para vacaciones, o incluso para retirarse, este departamento le brindará muchos años de disfrute personal y proporcionará un excelente ingreso si se utiliza para alquileres vacacionales. Póngase en contacto con uno de nuestros agentes hoy para obtener más información.