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 | The BeeLoft - Beecheii Tulum 1 bed (lot not included) | Casa for sale in Tulum

The BeeLoft - Beecheii Tulum 1 bed (lot not included)

La Veleta (Tulum, Quintana Roo, Mexico, 77760)…

1Beds 1.5Baths $199,000USD

$199,000 USD
$3,377,030 MXP
Estimate only. Updated Daily.

Danielle Knod

Request more information

En Venta

Property Description

Tipo de Propiedad: Casa
Estatus: En Venta
Localidad: Tulum
Tamaño de la Propiedad: 75 M2
Propiedad ID: 599653915
Hab.: 1
Baños: 1.5

New luxury lofted residences with resort-style amenities

If you’ve been thinking about investing in land in the Riviera Maya, now is a great time! This gorgeous stretch of Caribbean coastline is rapidly growing into a major global tourist destination. Located south of Playa del Carmen, the laid-back beach town of Tulum is world famous for its magical Mayan ruins, eco-chic resorts and pristine tropical jungle. You’re never far from sun-soaked beaches and world-class cuisine here. This world-famous tourist destination is recognized globally as having some of the most beautiful white sandy beaches and clear turquoise Caribbean waters in the world.

Beecheii is a new luxury development with 95 single-family residential lots surrounded by jungle. It will feature a central area with amenities such as a cenote-type pool, a clubhouse, a yoga area, an open-air gym, fire pits, a dog park and a playground for kids. The highlight of the project is the Beecheii Walk, an integrated common area based on the concept of forest therapy with wide spaces to walk and enjoy nature. The complex will be fully fenced in, offering a wonderful sense of security and privacy for you and your guests. It will have controlled access and 24-hour security, as well as underground electricity, street lighting, stormwater drainage, high-speed internet access and parking.

These beautiful new luxury homes are perfect for use as a vacation home or a year-round residence. The Beeloft offers two types of residences. You can choose between a 1 bedroom loft or a 2 bedroom house with rooftop and jacuzzi. All of the residences feature a spacious and bright open concept layout with a full kitchen with an island, a living and dining room, a lofted bedroom, pool and garden, storage room, laundry room, and private parking. These homes are beautifully designed with floor to ceiling windows, marble floors, chukum walls, natural finishes, and top-quality finishes. They are being offered for sale unfurnished but equipped with ceiling fans and air conditioning.

This is a fantastic opportunity to build your dream home on the shores of the Mexican Caribbean Sea, where you can live in harmony and tranquility with the tropical jungle surroundings. Prices do not include the lot, the construction will be completed 8-10 months after deposit. Prices are time sensitive, for current pricing contact one of our friendly agents today.