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 | The Fives Beach Resort | Condo for sale in Playa Del Carmen

The Fives Beach Resort

Xcalacoco (Playa del Carmen, Quintana Roo, MX - 77737)…

1Beds 1Baths $150,000USD

$150,000 USD
$2,565,000 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: 66.09 sq. mt.
Propiedad ID: 452169456
Hab.: 1
Baños: 1

Vida estilo resort en The Fives en Playa del Carmen

Este hermoso departamento con vista al mar cuenta con todo lo que pueda desear en una propiedad vacacional o de retiro y se encuentra ahora a la venta dentro The Fives Beach Hotel and Residences. Ubicado en el corazón de la Riviera Maya, ofrece exclusividad y privacidad, pero también fácil acceso a fantásticas playas. Este exclusivo desarrollo residencial se encuentra a tan solo 10 minutos en auto del centro de Playa del Carmen y a 40 minutos del aeropuerto internacional de Cancún. Los amantes de la naturaleza amarán la proximidad a las hermosas playas de arena blanca, parques ecológicos, campo de golf y decenas de cenotes increíbles que se encuentran dispersos por toda la selva maya.

Este departamento de 1 recámara y 1 baño es ideal para quien busca una propiedad vacacional en el Caribe. Ofrece una amplia distribución abierta con grandes ventanales que dejan entrar una mucha luz natural. La cocina está bien equipada, con barra para desayunos y electrodomésticos de primera calidad. La habitación cuenta con un lujoso baño principal lavabo doble y regadera de lluvia. Da a un balcón privado con vista a la alberca y a los jardines tropicales. Esta unidad en el primer piso se ofrece a la venta completamente amueblada y lista para que la ocuparse.

Huéspedes y proprietarios en The Fives disfrutan de todas las ventajas de vivir en un resort de la Riviera Maya, incluyendo el acceso a distintas albercas, club de playa, gimnasio, spa, canchas de tenis y tiendas, restaurantes y entretenimiento en The Fives Plaza. Este es el lugar ideal para disfrutar de la tranquilidad de la playa de arena blanca, la selva, la seguridad de una comunidad cerrada y la comodidad de estar a solo unos minutos de toda la emoción del centro de Playa del Carmen.

Este hermoso departamento frente al mar es perfecto para rentas vacacionales o como su propia casa en el paraíso. Comuníquese hoy mismo con uno de nuestros agentes para obtener más información.