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 | Ocean View Condo Hotel 1 bedroom | Condo for sale in Playa Del Carmen

Ocean View Condo Hotel 1 bedroom

Centro (Playa del Carmen, Quintana Roo, 77710)…

1Beds 1Baths $227,672USD

$227,672 USD
$3,868,147 MXP
Estimate only. Updated Daily.

Sarah Fouts

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For Sale

Property Description

Property Type: Condo
Status: For Sale
Location: Playa Del Carmen
Property Size: 40.5 -57.15 M2
Property ID: 553568284
Beds: 1
Baths: 1

New condos for sale steps to the beach

Ocean View is a new luxury condo hotel with 102 units and an unbeatable location in the heart of Playa del Carmen. It is ideally situated just steps from 5th Avenue and another minute to the beach. This is one of the best locations in the city and attracts a steady stream of vacation renters. You and your guests will delight in the ease and convenience of this prime downtown location, guaranteeing its constant rental occupancy and ensuring a healthy return on your investment for many years to come.

These new studios, 1- and 2-bedroom condos offer different layouts and options to suit your needs, including lock-off options for additional occupancy and earning potential. They feature contemporary design and smart home technology that provides security, comfort, and convenience. All of the modern residences have a spacious open floor plan with a fully equipped kitchen, a bright living and dining area, and a private balcony with a plunge pool. The apartments on the upper levels offer ocean views. These condos have tile 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 condominium project is surrounded by shopping, dining, nightlife, and all the fun and sun that makes Playa del Carmen a world-famous tourist destination. It features cutting edge infrastructure and exclusive amenities such as an ocean view rooftop with an infinity pool, a gym, a spa, a coworking space, and a commercial area with shops and restaurants on the ground floor.

These condos are perfect for vacation rentals or as your own home in paradise. Delivery is scheduled for 2026. Contact one of our friendly and knowledgeable agents today for more information.

Amenities

View

Downtown

Cooling

Mini Split

Lot Features

Bar
Co-working Area
Gym
Spa
Swimming Pool

Sewer & Water

Public

Appliances

Microwave
Stove

Extra Features

Furnished
Pets Allowed
Tile Floor
TV Security
Updated

Parking Spaces

Year Built

2026

HOA Fees

Taxes

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Ocean View Condo Hotel 1 bedroom | Condo for sale in Playa Del Carmen

Ocean View Condo Hotel 1 bedroom