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 | Murcielago Residence | Condo for sale in Tulum

Murcielago Residence

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

1Beds 1Baths $159,000USD

$159,000 USD
$2,728,440 MXP
Estimate only. Updated Daily.

Sarah Fouts

Request more information

En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Tulum
Tamaño de la Propiedad: 55 M2
Tamaño del Lote: 350 M2
Propiedad ID: 571061932
Hab.: 1
Baños: 1

Encantador departamento en venta en el corazón de Tulum

Este departamento en el centro de Tulum cuenta con una ubicación inmejorable a solo unos pasos de la Avenida Coba, la carretera que conduce directamente a la zona hotelera y las hermosas playas de arena blanca. Es un paseo sencillo al bohemio y chic centro del pueblo de Tulum y a la nueva Plaza Chedraui, que cuenta con una excelente selección de tiendas además del supermercado recientemente ampliado. Los amantes de la naturaleza adorarán la cercanía a las ruinas de Tulum y docenas de cenotes asombrosos que se encuentran dispersos por la selva maya.

Este luminoso y espacioso departamento de 2 recámaras y 1 baño es perfecto para rentas vacacionales o como su propio hogar en el paraíso. Cuenta con un amplio diseño de concepto abierto y recibe mucha luz del sol caribeño. Tiene una cocina equipada con isla y una sala de estar y área de comedor llenas de luz que se abren a un balcón privado con vistas a la ciudad y al jardín. Este es un lugar encantador para disfrutar de su café matutino y desayuno o una copa de vino por la noche. Este departamento tiene pisos de cerámica y acabados de alta calidad que son duraderos y fáciles de mantener. Se ofrece en venta sin amueblar, pero equipado con ventiladores de techo y aire acondicionado.

Usted y sus huéspedes adorarán la terraza compartida con alberca y camastros, perfecta para entretenerse en días calurosos o relajadas noches. El edificio de departamento es seguro y cuenta con entrada controlada y seguridad las 24 horas. Tiene recepción y estacionamiento. Esta área también ofrece acceso confiable a Internet de alta velocidad.

Este departamento es perfecto para personas que buscan un departamento asequible o una rentable propiedad para rentas vacacionales en Tulum. Póngase en contacto con uno de nuestros amigables y conocedores agentes hoy mismo para obtener más información.