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 | Paramar Terra A | Condo for sale in Tulum

Paramar Terra A

Aldea Zama (Tulum, Quintana Roo, MX - 77760)…

2Beds 2Baths $250,000USD

$250,000 USD
$4,290,000 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Tulum
Tamaño de la Propiedad: 118.13 sq. mt.
Propiedad ID: 526770368
Hab.: 2
Baños: 2

Hermoso departamento con acceso directo a la alberca en venta en Tulum

Este departamento en planta baja con acceso directo a la alberca en venta en Paramar Terra se encuentra en la exclusiva área residencial de Aldea Zama en Tulum. El complejo está rodeado de selva y se encuentra a pocos minutos del centro bohemio de Tulum y de la nueva carretera de acceso a la zona hotelera y las hermosas playas de arena blanca. Los amantes de la naturaleza adorarán la cercanía a las ruinas de Tulum, Coba y docenas de increíbles cenotes dispersos por la selva maya.

Este departamento de 2 habitaciones y 2 baños, listo para mudarse, es perfecto para alquileres vacacionales o como tu propia escapada caribeña. Tiene un amplio diseño de planta abierta y recibe mucha luz natural. Cuenta con una cocina totalmente equipada con isla, una sala de estar, un comedor y una lavandería con lavadora y secadora apilables. La sala de estar y la habitación principal se abren a una terraza cubierta con acceso directo a la alberca. Este es un lugar encantador para disfrutar de tu café de la mañana y el desayuno o una copa de vino por la noche. Este departamento está bien decorado y muy bien mantenido, con pisos de cerámica y acabados de alta calidad. Se vende amueblado con muebles de buena calidad y está equipado con ventiladores de techo y aire acondicionado.

Un complejo seguro y cerrado, Paramar Terra ofrece privacidad a sus afortunados propietarios e invitados. Cuenta con un gimnasio, seguridad las 24 horas y estacionamiento en la calle. Hay solo 25 unidades en el complejo, todas rodeando una hermosa área de alberca, un bar palapa y jardines tropicales ajardinados.

Perfecto para personas que desean una escapada caribeña para vacaciones o incluso para retirarse, este departamento brindará muchos años de disfrute personal y, al mismo tiempo, proporcionará un excelente ingreso si se utiliza para alquileres vacacionales. Ponte en contacto con uno de nuestros agentes hoy mismo para obtener más información o programar una visita.