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 Real Estate | Central La Veleta Hotel | Commercial for sale in Tulum

Central La Veleta Hotel

La Veleta (Tulum, Quintana Roo, MX - 77760)…

6Beds 8Baths $549,000USD

$549,000 USD
$11,364,300 MXP
Estimate only. Updated Daily.

Marieke Brown

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Vendido

Property Description

Tipo de Propiedad: Commercial
Estatus: Vendido
Localidad: Tulum
Tamaño de la Propiedad: 302.14 sq. mt.
Tamaño del Lote: 612.79 sq. mt.
Propiedad ID: 376551041
Hab.: 6
Baños: 8

Fantástica oportunidad de inversión en Tulum

Este edificio de departamentos de 3 pisos está ubicado en La Veleta, Tulum. Rodeado de selva tropical, antiguas ruinas mayas y ríos subterráneos y cenotes, el complejo está ubicado a solo minutos del elegante centro bohemio de Tulum y la nueva carretera que conduce directamente a la zona hotelera y a las hermosas playas de arena blanca. Esta propiedad también se encuentra a poca distancia de supermercados, restaurantes, cafeterías y farmacias.

Este edificio de departamentos es una gran inversión para alguien que quiera manejarlo como condo hotel o para rentas a largo plazo. Cuenta con 6 departamentos de una habitación, cada uno con baño propio, además de una habitación de servicio con baño y un baño adicional en el área de recepción. Todos los epartamentos están amueblados con buen gusto y equipados con ventiladores de techo, aire acondicionado, electrodomésticos de cocina, utensilios de cocina y otros servicios de alquiler de vacaciones. Algunas de las unidades tienen balcón.

Esta propiedad se encuentra en un terreno grande con alberca y jardines. Está totalmente bardeado y ofrece una maravillosa sensación de seguridad y privacidad para usted y sus huéspedes. Los jardines están bellamente cuidados con palmeras, vegetación tropical y árboles que proporcionan muchas áreas frescas y sombreadas. También hay bicicletas, hamacas y una parrilla para sus comidas al aire libre.

Este edificio de departamentos es una oportunidad fantástica para un inversionista inteligente y generará fácilmente suficientes ingresos durante muchos años. Póngase en contacto con uno de nuestros agentes para obtener más información.