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 | Mak Nuk Village | Condo for sale in Tulum

Mak Nuk Village

Tulum Centro (Tulum, Quintana Roo, MX - 77760)…

2Beds 2.5Baths $155,000USD

$155,000 USD
$2,679,950 MXP
Estimate only. Updated Daily.

Sarah Fouts

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For Sale

Property Description

Property Type: Condo
Status: For Sale
Location: Tulum
Property Size: 133.37 sq. mt.
Property ID: 489735248
Beds: 2
Baths: 2.5

Condo for sale in a clothing optional property in Tulum

This is a unique opportunity to own in Mak Nuk Village, an adults only, clothing optional residential development in the heart of Tulum. The complex is surrounded by jungle and located just minutes from the bohemian chic town center of Tulum and the new beach road that leads straight to the hotel zone and the gorgeous white sandy beaches. Nature lovers will adore the proximity to the ruins of Tulum, Coba, and dozens of amazing cenotes that are scattered throughout the Mayan jungle.

This light-filled, garden level, 2-bedroom condo is being offered for sale fully furnished and ready for you to make it your own. It has a fully equipped kitchen with an island and premium appliances, including a refrigerator, a dishwasher, a microwave, and an oven with a gas range. The floor plan is open with the living room and both bedrooms opening out onto a large covered terrace with direct pool access. This is a lovely spot to enjoy your morning coffee and breakfast or an evening glass of wine. The master suite has a kitchenette, a small sitting area, and a luxurious master bath. This condo is beautifully maintained with tile floors and top-quality finishes. It comes equipped with ceiling fans and air conditioning.

This upscale, adults only property has a magnificent freeform pool with sun loungers, a swim-up bar, a palapa restaurant, and beautifully landscaped tropical gardens. The complex is safe and secure with controlled access and 24-hour security. It is fully walled-in and offers privacy and exclusivity.

This luxury condo is perfect for people who want a clothing optional getaway for vacations or even to retire to. Contact one of our friendly and knowledgeable agents today for more information.