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 | Xexen & Xakah Tulum 1 bedroom | Condo for sale in Tulum

Xexen & Xakah Tulum 1 bedroom

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

1Beds 1Baths $171,000USD

$171,000 USD
$2,934,360 MXP
Estimate only. Updated Daily.

Kelly Maier

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Tulum
Tamaño de la Propiedad: 64.8 - 111 M2
Propiedad ID: 553569809
Hab.: 1
Baños: 1

Xexen & Xakah es un nuevo complejo de departamentos de lujo con 26 unidades ubicado en el cotizado vecindario de La Veleta en el corazón de Tulum. El complejo está rodeado de selva y se encuentra a pocos minutos del centro de la colonia bohemia chic de Tulum y de la nueva carretera que conduce directamente a la zona hotelera y las hermosas playas de arena blanca. Los amantes de la naturaleza apreciarán la cercanía a las ruinas de Tulum, Cobá y docenas de impresionantes cenotes que se encuentran dispersos por toda la selva maya.

Estos hermosos estudios y departamentos de 1 habitación ofrecen diferentes distribuciones y opciones para adaptarse a sus necesidades, incluyendo opciones de bloqueo para una ocupación adicional y potencial de ingresos. Tienen un amplio diseño de planta abierta con ventanas de piso a techo que dejan entrar mucha luz natural. Todos los departamentos tienen acceso principal, una cocina, clósets en la habitación y un lujoso baño completo. Se abren a una terraza privada con una alberca tipo plunge. Este es un lugar encantador para disfrutar de su café por la mañana o una copa de vino por la noche. Estos departamentos cuentan con materiales y acabados naturales que son duraderos y fáciles de mantener. Se ofrecen a la venta sin amueblar, pero equipados con ventiladores de techo y aire acondicionado.

Usted y sus huéspedes adorarán la increíble azotea con vista a la selva, alberca infinita, sillas de descanso y un bar en la azotea, perfecto para entretenerse en días calurosos o noches relajadas. El complejo es seguro y cuenta con acceso controlado y seguridad las 24 horas. Esta área también ofrece acceso a Internet confiable de alta velocidad.

Estos departamentos son perfectos para alquileres vacacionales o como su propio hogar en el paraíso. La entrega está programada para 2025. Póngase en contacto con uno de nuestros amigables y conocedores agentes hoy mismo para obtener más información.