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 | Centurmex 25 Studio | Condo for sale in Playa Del Carmen

Centurmex 25 Studio

Zazil Ha (Playa del Carmen, Quintana Roo, MX, 77720)…

1Beds 1Baths $133,000USD

$133,000 USD
$2,282,280 MXP
Estimate only. Updated Daily.

Danielle Knod

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For Sale

Property Description

Property Type: Condo
Status: For Sale
Location: Playa Del Carmen
Property Size: 34 M2
Property ID: 571174483
Beds: 1
Beds Info: Studio
Baths: 1

New studios for sale near the beach and 5th Avenue

Centurmex 25 is an exciting new condominium project with 22 apartments and an unbeatable location just steps from Calle 38 in Playa del Carmen’s popular Coco Beach neighborhood. With easy access to the gorgeous white sandy beaches and sweeping Caribbean Sea views, this neighborhood offers an enviable beach lifestyle. This is one of the city’s fastest growing neighborhoods and attracts a steady stream of vacation renters, ensuring a healthy return on your investment for many years to come.

Ideal for singles or couples, these new studio condos are perfect for vacation rentals or as your own home in paradise. They are designed to maximize space and offer comfort, innovation, and style. All of the modern residences have an equipped kitchen with a breakfast bar, a bedroom with a queen size bed and a built-in closet, and a luxurious full bath. They open out onto a private balcony or terrace with city views. This is a lovely spot to enjoy your morning coffee and breakfast or an evening glass of wine. These condos have granite floors and top-quality finishes that are durable and easy to maintain. They are being offered for sale fully furnished and equipped with ceiling fans and air conditioning.

This new development offers excellent amenities such as a rooftop infinity pool and sundeck, a gym, a spa, and a bar and grill. The condo building is safe and secure with controlled access and security. It has a lobby, elevator access, and parking. This area also offers reliable, high-speed internet access.

These condos are perfect for people who want an affordable apartment or a profitable vacation rental close to the beach in Playa del Carmen. Delivery is scheduled for 2025. Contact one of our friendly and knowledgeable agents today for presale pricing and options.

Amenities

Interior features/finishes

Ceiling Fan
Wet Bar

View

City
Street

Cooling

mini split/wall unit

Lot Features

Bar
Common Pool
Deck
Elevator
Gym
Laundry
Restaurant
Spa

Sewer & Water

Public

Appliances

Gas Range
Hood Fan
Oven Range
Refrigerator

Extra Features

Balcony
Elevator
Fitness Center
Front Desk
Furnished
Roof Terrace
Security
Spa

Parking Spaces

Year Built

2025

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Centurmex 25 Studio | Condo for sale in Playa Del Carmen

Centurmex 25 Studio