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 | Real Zama Penthouse | Condo for sale in Tulum

Real Zama Penthouse

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

2Beds 2Baths $249,000USD

$249,000 USD
$4,374,930 MXP
Estimate only. Updated Daily.

Marieke Brown

Request more information

Sale Pending

Property Description

Property Type: Condo
Status: Sale Pending
Location: Tulum
Property Size: 190 sq. mt.
Property ID: 282436927
Beds: 2
Baths: 2

Real Zama Penthouse for Sale in Tulum

Do not miss this opportunity to purchase a beautiful two-bedroom condominium in Tulum, surrounded by nature and everything the Riviera Maya has to offer. New to the market is this cheerful 2-bedroom penthouse at Real Zama, located inside Tulum’s only master-planned gated community, Aldea Zama. A secure gated complex, Real Zama offers privacy to its privileged owners and guests. It has controlled access, private, manned security and off-street parking. There are just 24 units in the complex, all overlooking a lovely common pool, tropical landscaping and a lovely entertainment palapa.

This spacious condominium has over 2000 square feet of living space including a rooftop solarium. The penthouse apartment is a desirable end unit and offers an open living-dining area, which opens out through sliding glass doors to a lovely terrace. There are 2 spacious bedrooms with built-in closets and 2 full bathrooms. This space is very private with a Jacuzzi style tub, outdoor work kitchen area with sink and a shady palapa with fixed seating. There is plenty of room for sun bathing and dining. It is sure to be your favorite hiding spot! All finishes and furnishings are of top quality, and have been very well maintained. Each room is equipped with ceiling fans and air conditioning. Telmex supplies high-speed fiber optic internet. What separates this penthouse from other similar condos is its multiple upgrades: it has a reverse osmosis water purification system, solar panels, new floor tiles, new kitchen front, granite tops and a kitchen island. There is also off-street parking and a private bodega for storage of beach chairs, water toys, bicycles etc. While this vacation home has only been occupied by its original owners, given its location and amenities, the condominium is sure to be a great investment for those looking for ROI and vacation rental income potential.

Aldea Zama is an open community, inviting both permanent residents and visitors to enjoy superior services & exceptional living standards within a protected and respected natural environment. Walk or bike everywhere, as it is close to downtown markets, shops and restaurants, major grocery stores and the beach. Aldea Zama is located just 45 minutes south of Playa del Carmen and 1.5 hours from the International Airport in Cancun. This eco-friendly community is the perfect investment for the people who wish to responsibly capitalize on the growth of the Riviera Maya. With more than 3.5 million of visitors per year, Tulum continues to enjoy world-class tourism due to its geographic location. Aldea Zama 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.

This delightful penthouse is being offered for sale fully furnished and equipped and ready for immediate occupancy. This is your chance to have the penthouse of your dreams in Tulum, surrounded by nature and all that the Riviera Maya has to offer. Contact your Buyers representative today for more information about this beautiful vacation home.