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 Real Estate | Mareazul | Condo for sale in Playa Del Carmen

Mareazul

Corasol (Playa Del Carmen, Quintana Roo, MX - 77710)…

4Beds 4.5Baths $1,295,000USD

$1,295,000 USD
$22,455,300 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: 243.67 sq. mt.
Propiedad ID: 358724427
Hab.: 4
Baños: 4.5

Este penthouse de lujo en venta en Grand Coral ofrece una excelente calidad de vida dentro de un residencial tipo resort. Con enormes albercas que se extienden por toda el área común hasta el borde de la playa de arena blanca, a usted y a sus invitados les encantará vacacionar en esta comunidad cerrada paradisíaca. Ubicada unos minutos al norte de Playa del Carmen, famosa en todo el mundo por su variedad de delicias culinarias, vida nocturna y compras, esta exclusiva comunidad turística frente al mar es un destino muy cotizado que seguramente será una excelente fuente de ingresos.

Este magnífico penthouse con vista al mar es amplio y lujoso con 4 recámaras y 4.5 baños. Cuenta con una amplia distribución abierta y un gran balcón con vistas panorámicas al mar Caribe y a la alberca. Cada una de las habitaciones es amplia y cuenta con un elegante baño y abundante espacio en el closet. La recámara principal cuenta con vestidor y un lujoso baño con jacuzzi. Ya sea que disfrute de hacer parrilladas en el balcón o cocinar en la cocina gourmet, entretener es muy fácil en este departamento de estilo resort de lujo bellamente diseñado.

Los propietarios y huéspedes en Mareazul disfrutan de todas las ventajas de vivir en una comunidad turística de la Riviera Maya. Este es el lugar perfecto para disfrutar de la playa de arena blanca, la tranquilidad del exuberante campo de golf de 18 hoyos, par 71, la seguridad de una comunidad cerrada y la comodidad de estar a solo unos minutos del centro de Playa del Carmen.

Grand Coral es perfecto para quien busca una propiedad en el caribe, libre de estrés para vacacionar o incluso para retirarse. Su extraordinario entorno estilo resort atrae a un flujo constante de inquilinos de y este penthouse le generará un excelente retorno sobre su inversión si se venta para vacaciones.

Este increíble penthouse se ofrece a la venta totalmente amueblado y listo para ocuparse. Póngase en contacto con uno de nuestros agentes amigables hoy para obtener más información o para programar una visita.