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 | AWA Playacar Phase III 3 Bedrooms | Condo for sale in Playacar

AWA Playacar Phase III 3 Bedrooms

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

3Beds 3Baths $650,444USD

$650,444 USD
$11,051,044 MXP
Estimate only. Updated Daily.

Danielle Knod

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Playacar
Tamaño de la Propiedad: 158.95- 197.68 sq. mt.
Propiedad ID: 487325303
Hab.: 3
Baños: 3

Residencias AWA Playacar Fase III

Este espectacular complejo moderno se encuentra en Playacar Fase 2, hogar del Hard Rock Golf Club, y un desafiante campo de golf de 18 hoyos diseñado por Robert Von Hagge.

AWA contará con un total de 230 departamentos de lujo en tres torres residenciales. El complejo contará con características y amenidades que incluyen 8 elevadores, seguridad y estacionamiento las 24 horas, los 7 días de la semana, un lobby, servicios de concierge, administración profesional de propiedades y servicios de rentas vacacionales, un club infantil, snack bar, centro de yoga, bar / lounge y más.

Departamentos de 1, 2, 3 y 4 habitaciones están disponibles, cada una con acabados de lujo y un diseño elegante y moderno. Cada unidad contará con vista a un hermoso oasis tropical con jardines tropicales y una espectacular alberca de 160 metros con un carril para nadar, así como un área para niños. Alrededor de la alberca hay mucho espacio para camastros y áreas verdes con dos parrillas para asados al aire libre y áreas de hamacas a la sombra. En el segundo piso, también con vistas a la alberca y los jardines zen, habrá un gimnasio con salón de spinning, así como un spa y centro de bienestar. La azotea contará con dos albercas, jacuzzis y mucho espacio de salón con increíbles vistas.

AWA se encuentra dentro del residencial Playacar Fase 2. Disfrute de toda la seguridad de este complejo sin dejar de estar cerca de la playa y de toda la emoción del centro de Playa del Carmen. Los propietarios de Playacar fase 2 cuentan con acceso al Reef Resort Beach Club y disfrutan de descuentos en el club de golf. Este es un lugar ideal para sus vacaciones o casa de retiro. Este será uno de los mejores desarrollos nuevos en Playacar Fase 2 y probablemente el último de este tamaño y alcance.

¡La entrega para la tercer fase está programada para marzo de 2023! Póngase en contacto con nuestros agentes para conocer los precios de pre venta.