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 | Peregrina PH | Condo for sale in Playa Del Carmen

Peregrina PH

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

3Beds 3Baths $350,000USD

$350,000 USD
$6,051,500 MXP
Estimate only. Updated Daily.

Marieke Brown

Request more information

En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 195 sq. mt.
Propiedad ID: 360739842
Hab.: 3
Baños: 3

Simplemente no puede obtener una ubicación más céntrica que este encantador departamento en el corazón del centro de la ciudad. Situado en la esquina de la avenida 20 y calle 24, a solo tres cuadras de la mundialmente famosa 5a avenida de Playa del Carmen y a un minuto de la playa. Esta es una de las mejores zonas de la ciudad y atrae a un flujo constante de turistas. También se encuentra a poca distancia a pie de muchos de los mejores restaurantes, clubes de playa y el ferry de Cozumel.

Este lujoso penthouse de 3 recámaras y 3 baños es perfecto para rentar o como residencia en el paraíso. Tiene una cocina completa con barra de desayuno y barra de granito, y sala- comedor que se abren a un balcón privado con vista a la alberca. Las habitaciones se abren a un segundo balcón privado con vistas a la calle. En la planta alta, encontrará un estudio con entrada independiente y una gran terraza privada en la azotea con pérgola, ideal para una parrillada con amigos y familiares o para su café y desayuno por la mañana.

El edificio se encuentra justo al otro lado de la calle del popular café Choux Choux. Sus huéspedes quedaran encantados con la comodidad y conveniencia de esta ubicación privilegiada en el centro de la ciudad, garantizando su ocupación constante y asegurando un saludable retorno sobre su inversión durante muchos años.

El edificio también está cerca de paradas de transporte público, supermercados, restaurantes, farmacias, servicios médicos y más, por lo que es ideal para la vida cotidiana y una brisa para sus huéspedes de vacaciones.

Este hermoso penthouse se ofrece a la venta totalmente amueblado y listo para la mudanza. La venta incluye estacionamiento reservado para un vehículo. Póngase en contacto con uno de nuestros agentes para obtener más información sobre este departamento vacacional en venta cerca de la 5ta Avenida y la playa de Playa del Carmen.