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 | Kuxtal | Condo for sale in Playa Del Carmen

Kuxtal

Coco Beach (Playa del Carmen, Quintana Roo, MX - 77710)…

3Beds 3Baths $465,000USD

$465,000 USD
$7,951,500 MXP
Estimate only. Updated Daily.

Danielle Knod

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 224.14 - 189.88 sq. mt.
Propiedad ID: 487723786
Hab.: 3
Baños: 3
Información adicional sobre baños: Plus 2 Half Bathrooms

Nuevos departamentos de lujo en venta en la 5ta Avenida

Kuxtal es un nuevo y emocionante proyecto de departamentos con una ubicación inmejorable en la esquina de la calle 40 y la 5ta Avenida en el corazón de Playa del Carmen. Con fácil acceso a las hermosas playas de arena blanca y vistas panorámicas del Mar Caribe, este complejo ofrece un estilo de vida de playa envidiable. Sus huéspedes se deleitarán con la facilidad y la comodidad de esta excelente ubicación en el centro, lo que garantiza su ocupación constante y asegura un retorno saludable sobre su inversión durante muchos años.

Este nuevo complejo ofrece 26 departamentos llenos de luz con diferentes diseños y distribuciones para satisfacer sus necesidades, incluyendo lofts de dos pisos y penthouses de tres pisos con rooftop privado. Tienen una amplia distribución abierta con techos de doble altura en la sala y un gran balcón que da a la 5ta Avenida. Cada uno de las tres recámaras tiene un amplio closet y baño con elegantes acabados. Todos los departamentos cuentan con cocina completa y electrodomésticos de primera calidad y un comedor con mesa para ocho personas. Se ofrecen a la venta completamente amueblados y equipados con ventiladores de techo y aires acondicionados.

Este exclusivo desarrollo cuenta con una increíble alberca en el rooftop y terraza con espectaculares vistas al Caribe y la ciudad. Por la noche, puede contemplar las estrellas o incluso el resplandor de las luces de Cozumel. El edificio es seguro y protegido con entrada controlada y seguridad las 24 horas. También ofrece estacionamiento subterráneo, elevadores, gimnasio, lobby tipo hotel y servicio de concierge las 24 horas.

Estos nuevos departamentos de lujo son perfectos para rentas vacacionales o como su propia casa en el paraíso. Póngase en contacto con uno de nuestros agentes hoy mismo para obtener más información.