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 | Ceiba at 25 3 bedrooms | Condo for sale in Playa Del Carmen

Ceiba at 25 3 bedrooms

Little Italy (Playa del Carmen, Quintana Roo, MX - 77710)…

3Beds 3Baths $530,180USD

$530,180 USD
$9,066,078 MXP
Estimate only. Updated Daily.

Sarah Fouts

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 1,363.29 sq. ft.
Tamaño del Lote: 2.056 sq. mt.
Propiedad ID: 448585738
Hab.: 3
Baños: 3

Vida de lujo en el corazón de Playa del Carmen

Este es un nuevo y emocionante desarrollo de departamentos con amenidades tipo resort y una ubicación inmejorable en la Colonia Hollywood de Playa del Carmen. Estas elegantes residencias se encuentran a tan solo minutos de las hermosas playas de arena blanca y de toda la emoción de la 5th Avenue. Son ideales para quien busca un departamento de lujo en el corazón de la ciudad o para rentas vacacionales en uno de las zonas más cotizadas de Playa del Carmen.

Este exclusivo desarrollo residencial ofrece 92 lujosos departamentos y penthouses de 1, 2 y 3 habitaciones con diferentes diseños y distribuciones para satisfacer sus necesidades. Todas los departamentos ofrecen amplias distribuciones abiertas, ventanales de pared a pared y un balcón o terraza techada. La sala de estar cuenta con mucha luz natural y la cocina está equipada con refrigerador, microondas y estufa eléctrica de vitrocerámica. Los penthouses de dos pisos cuentan con una lujosa recámara principal en el segundo piso y una terraza en la azotea con jacuzzi. Todos los departamentos cuentan con pisos de baldosas y acabados de primera calidad que son duraderos y fáciles de mantener. Se ofrecen a la venta sin muebles pero equipados con ventiladores de techo y aire acondicionado.

Los propietarios y huéspedes disfrutaran del acceso a la increíble azotea con alberca y bar con vistas panorámicas. También hay un restaurante, gimnasio, salón de usos múltiples y estacionamiento. El complejo es seguro y cuenta con una entrada controlada, lobby y seguridad las 24 horas.

Estos nuevos departamentos de lujo son una excelente oportunidad de inversión ya sea que lo use como residencia o para rentas vacacionales. La entrega está programada para el verano del 2023. Comuníquese hoy mismo con uno de nuestros agentes para obtener más información.