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 Real Estate | Mar y Miel Casa Mito | House for sale in Tulum

Mar y Miel Casa Mito

Aldea Zalá (Tulum, Quintana Roo, MX - 77760)…

5Beds 5Baths $853,243USD

$853,243 USD
$15,870,320 MXP
Estimate only. Updated Daily.

Marieke Brown

Request more information

For Sale

Property Description

Property Type: House
Status: For Sale
Location: Tulum
Property Size: 4,768 sq. ft.
Property ID: 286891512
Beds: 5
Baths: 5

Mar y Miel Haute Living – Luxury 3 Bedroom Residences for Sale in Aldea Zama Tulum

Mar y Miel Haute Living is a secure development made up of 24 spacious residences, each offering an extraordinary living experience with incredible architecture, stunning green areas and a fine list of features and amenities. There will be 5 different layouts offered. 2, 3 and 4-bedroom homes will be available.

Layout style #4 offers 3 bedrooms and 3 and 1 half baths and 4 spacious levels of living. The garden level has a lovely open floorplan with a vaulted ceiling over the living room. There is a partially equipped kitchen with breakfast bar, a formal dining area and a half bathroom. From the main living area, glass doors open out to a tropical, private patio with plunge pool. The second floor holds the master bedroom suite with private bath and terrace. There is also a seperate room for TV viewing or reading. On the third floor, you will find two additional bedrooms, each with full bath and a small private terrace. Just above, this residence style includes an ample rooftop solarium with ample seating and dining space as well as a built in grill/cooking area and wet bar.

Amenities at Mar y Miel include a jungle pool, calisthenics and gym facilities, outdoor cooking/BBQ spaces, a special area for kids and families, a hammock sanctuary, zen garden and yoga shala. Secure parking will be available for each residence.

Mar y Miel Haute Living is located just inside Tulum’s desirable Aldea Zama community, very close to the entrance and Av. Boca Paila, the main beach access road. The complex will be just 45 minutes south of Playa del Carmen and 1.5 hours from the International Airport in Cancun. Aldea Zama is an open community, inviting both permanent residents and visitors to enjoy superior services and exceptional living standards within a protected and respected natural environment. This eco-friendly community is the perfect investment for the people who wish to responsibly capitalize on the growth of the Riviera Maya. With millions of visitors annually, Tulum continues to enjoy world-class tourism due to its geographic location. Aldea Zama, Tulum’s only master-planned residential/resort development, offers residents and guests an exciting opportunity to become part of this global community, focusing on the integration and enjoyment of culture and nature alike. Conveniently located within a short bike ride from the beach, and just minutes from archaeological zone of Tulum as well as the Sian Ka’an Biosphere Reserve, Mar y Miel is perfectly poised to take advantage of the region´s most popular features and attractions and is sure to be a very desirable address for vacation renters from around the world.

The residences at Mar y Miel are scheduled for delivery in the winter of 2019. Contact your Tulum real estate agent today for more information about payment options and to reserve your new vacation home in Tulum.