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 | Querido tulum | Condo for sale in Tulum

Querido tulum

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

2Beds 2Baths $275,675USD

$275,675 USD
$5,902,202 MXP
Estimate only. Updated Daily.

Sarah Fouts

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Tulum
Tamaño del Lote: 127 sq. mt.
Propiedad ID: 164679859
Hab.: 2
Baños: 2

Este desarrollo se encuentra dentro de Aldea Zamá, conocido como el corazón de Tulúm, una colonia boho-chic muy exclusiva en medio de la selva tropical entre las maravillosas playas de arena blanca, las antiguas ruinas Mayas y un tranquilo pueblito con una atmosfera relajada. El diseño de estos nuevos departamentos combina la magnificencia de sus alrededores, el clima y la vegetación.

Estos departamentos en venta ofrecen acabados de lujo que provienen directamente de la zona y son característicos de la región, garantizando durabilidad en este clima tan especial. Hay 13 penthouses con 3 recámaras y 3 baños y medio disponibles a la venta al igual que 25 departamentos con 2 recámaras y 2 baños y medio.

Las áreas comunes cuentan con una alberca común amplia, área para asolearse, jardines tropicales, centro de negocios, palapa, gimnasio y áreas verdes para disfrutar con sus invitados. Toda la Riviera Maya es famosa entre los turistas de todo el mundo. Tulum es reconocido por su atmósfera relajada y estilo de vida eco-chic. Debido a que la Riviera Maya continua ganando popularidad entre el turismo, invertir en una propiedad en Tulúm es una inversión para su futuro y el de su familia que también le proveerá un buen ingreso anual si decide rentarla para vacaciones

Para más información sobre estos departamentos o cualquier otra propiedad en venta en Tulúm o la Riviera Maya, no dude en contactarnos.