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 | Xiol 2 Bedrooms | Condo for sale in Playa Del Carmen

Xiol 2 Bedrooms

Zazil Ha (Playa del Carmen, Quintana Roo, MX - 77760)…

2Beds 2Baths $322,884USD

$322,884 USD
$5,540,689 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: 86.25 – 102.50 sq. mt.
Propiedad ID: 546256118
Hab.: 2
Baños: 2

Nuevos departamentos en venta cerca de la playa y 5ta Avenida

Xiol es un nuevo y emocionante proyecto de departamentos ubicado justo al norte del centro de la ciudad y a una cuadra y media de la 5ta Avenida en el popular vecindario Coco Beach de Playa del Carmen. Con fácil acceso a las hermosas playas de arena blanca y vistas panorámicas del Mar Caribe, este vecindario ofrece un estilo de vida de playa envidiable. Este es uno de los vecindarios de más rápido crecimiento de la ciudad y atrae un flujo constante de inquilinos de vacaciones, lo que garantiza un retorno saludable de su inversión durante muchos años.

Estos nuevos departamentos de 1 y 2 habitaciones ofrecen diferentes diseños y opciones para satisfacer sus necesidades, incluidas opciones de bloqueo para ocupación adicional y potencial de ingresos. Podrá elegir entre lofts de dos niveles de 1 habitación o apartamentos de 2 habitaciones con sistemas lock off. Todas las residencias modernas tienen una terraza privada con una piscina de inmersión. Los lofts tienen techos de doble altura en la sala de estar y reciben mucha luz natural. Los apartamentos cuentan con 2 dormitorios lock-off separados para mayor privacidad y una gran terraza. Estos condominios cuentan con materiales de la región y acabados de primera. Se ofrecen a la venta completamente amueblados y equipados con ventiladores de techo y aire acondicionado.

A usted y a sus huéspedes les encantará la increíble azotea con alberca, solárium, jacuzzi, zona de barbacoa y vistas panorámicas al mar. El complejo es seguro y protegido con acceso controlado y cámaras de seguridad. Cuenta con un lobby tipo hotel, conserjería las 24 horas, lavandería, elevador y estacionamiento.

Estos departamentos son perfectos para rentas vacacionales o como su propia casa en el paraíso. La entrega está programada para 2024. Comuníquese hoy con uno de nuestros amables y expertos agentes para obtener más información.