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 | Luz Tulum - As Seen on HGTV | Condo for sale in Tulum

Luz Tulum - As Seen on HGTV

Tulum Centro (Tulum, Quintana Roo, MX - 77760)…

3Beds 3Baths $249,900USD

$249,900 USD
$4,245,801 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Tulum
Propiedad ID: 545119511
Hab.: 3
Baños: 3

No se puede tener una ubicación más céntrica que este hermoso penthouse en el corazón de Tulum. Rodeado de tiendas y restaurantes, y a solo unos minutos en coche de la zona hotelera de Tulum y sus hermosas playas de arena blanca. Los amantes de la naturaleza adorarán la proximidad a las ruinas de Tulum, Cobá y docenas de increíbles cenotes que se encuentran dispersos por la jungla maya.

Esta lujosa residencia de 3 recamaras y 3 baños cuenta con 150 m2 de construcción e incluida una unidad/habitación lock off para rentar u ocupar por separado y potencializar los ingresos. La distribución es abierta con la sala que se abre a un balcón de buen tamaño, perfecto para su café y desayuno por la mañana. Cuenta con una cocina completa con electrodomésticos de primera calidad y un cuarto de lavado independiente con lavadora y secadora. La unidad cuenta con pisos cerámicos y acabados de alta calidad que son duraderos y fáciles de mantener. Una escalera de caracol en el balcón conduce a su propia terraza privada con jacuzzi y mucho espacio para tomar el sol o entretener a familiares y amigos.

Este penthouse ofrece vistas a la alberca común y jardines tropicales. El edificio del condominio es seguro y tranquilo con estacionamiento, entrada privada y seguridad las 24 horas. Está convenientemente ubicado a poca distancia de tiendas, restaurantes, paradas de transporte público y un complejo multideportivo, lo que lo hace ideal para vivir todo el año y o para vacacionar.

Esta área de Tulum es un destino muy cotizado entre vacacionistas y residentes, por lo que es una buena inversión. Póngase en contacto con nuestros agentes para obtener más información o para programar una visita.