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 | Acalai Beach 1 Bedroom | Condo for sale in Tankah

Acalai Beach 1 Bedroom

Bahía Tankah (Tulum, Quintana Roo, MX - 77760)…

1Beds 1Baths $496,649USD

$496,649 USD
$8,587,061 MXP
Estimate only. Updated Daily.

Danielle Knod

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For Sale

Property Description

Property Type: Condo
Status: For Sale
Location: Tankah
Property Size: 89.79 – 126.71 sq. mt.
Property ID: 547740694
Beds: 1
Baths: 1

New beachfront condos for sale on Tankah Bay

Acalai Beach is a new high-end residential beachfront development with resort-style amenities and an unbeatable location in an idyllic part of the Riviera Maya coast. The complex is surrounded by the sparkling white sandy beaches and clear turquoise Caribbean waters of Tankah Bay. Located less than 20 minutes from downtown Tulum, this gorgeous stretch of Caribbean coastline attracts vacationers from all around the world looking for a serene and secluded place to relax and unwind. This quiet seaside community is just a 45-minute drive from Playa del Carmen and 90 minutes from the airport.

These new 1-, 2-, 3- and 4-bedroom luxury condos and penthouses offer different layouts and options that can be personalized to meet your needs. They are designed in a high-end Tulum style with natural materials and finishes from the region. They have a fully equipped kitchen, a dining area, and a spacious living room with a day bed that transforms into a king- or queen-size bed for guests. All of the modern residences have a stunning terrace with a heated plunge pool and incredible views. Plenty of storage space and closets in the bedrooms make these condos comfortable for everyday living and a breeze for your vacation guests. They come fully furnished and equipped with ceiling fans and air conditioning.

This new development offers incredible amenities at the beach, underground, and on the rooftop. It has an exclusive beach club with an infinity pool and a sports bar, an underground marina for kayaking and paddle boarding, and a rooftop terrace with a pool and sky bar. The complex is safe and secure with controlled access and 24-hour security. It also features a spa, a fitness center, a coworking space, hotel services, shuttle service to attractions, and professional rental management services.

These condos are perfect for vacation rentals or as your own home in paradise. Delivery is scheduled for 2024. Contact one of our friendly and knowledgeable agents today for more information.