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 | Singular 304 | Condo for sale in Playa Del Carmen

Singular 304

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

1Beds 1Baths $316,000USD

$316,000 USD
$5,454,160 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playa Del Carmen
Propiedad ID: 584685864
Hab.: 1
Baños: 1

Departamento con vista al mar en venta en el corazón del centro de Playa del Carmen

No se puede conseguir una ubicación más céntrica que este increíble departamento en el corazón del centro de Playa del Carmen. Ubicado entre la playa y la Quinta Avenida, este departamento se encuentra a unos pasos de tiendas, restaurantes, vida nocturna y toda la diversión y el sol que hacen de Playa del Carmen un destino turístico de fama mundial. Esta es una de las mejores ubicaciones de la ciudad y atrae a un flujo constante de inquilinos vacacionales. Sus huéspedes se deleitarán con la facilidad y conveniencia de esta ubicación privilegiada en el centro, garantizando su ocupación constante y asegurando un saludable retorno sobre su inversión durante muchos años.

Este hermoso departamento de 2 habitaciones y 1 baño en venta es perfecto para rentas vacacionales o como su propia casa en el paraíso. Cuenta con una cocina completa con electrodomésticos de primera calidad, amplia sala de estar con un futón y mesa para cuatro, dos balcones con vista al mar, perfectos para tomar un café y desayuno por la mañana o para disfrutar de una copa de vino por la noche. Por la noche, puede contemplar las estrellas o incluso el resplandor de Cozumel. Esta unidad cuenta con pisos de cerámica y acabados de primera calidad que son duraderos y fáciles de mantener. Se ofrece a la venta totalmente amueblado y equipado.

Los propietarios y huéspedes disfrutan de acceso a la espectacular terraza en la azotea con vista al mar con alberca y jacuzzi comunes, terraza con tumbonas y bar con bartender y asientos a la sombra. El edificio es seguro y cuenta con entrada privada, seguridad las 24 horas y estacionamiento.

Perfecto para quien busca una propiedad en el Caribe para las vacaciones, o incluso para retirarse, este departamento le brindará muchos años de disfrute personal y, un ingreso excelente si se renta para vacacional. Póngase en contacto con uno de nuestros agentes para obtener más información.