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 | Villas Caribe 3 bedroom | Condo for sale in Bahía Principe

Villas Caribe 3 bedroom

Tulum Country Club(Tulum, Quintana Roo, MX 77760)…

3Beds 3.5Baths $553,859USD

$553,859 USD
$11,265,492 MXP
Estimate only. Updated Daily.

Danielle Knod

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For Sale

Property Description

Property Type: Condo
Status: For Sale
Property Status New-construction
Location: Bahía Principe
Property Size: 159.66-169.06 M2
Property ID: 551429973
Beds: 3
Baths: 3.5

New homes for sale in Tulum Country Club

Villas Caribe is an exciting new residential project that offers luxury villas and all the perks of living in a resort community. Nestled in a secure, gated 717-acre residential golf resort, the complex is surrounded by world-class golfing and just minutes from the natural beauty of the Caribbean coast. Tulum Country Club (formerly Bahia Principe) is located in the heart of the Riviera Maya, about halfway between Playa del Carmen and Tulum, and just 50 miles (80 km) south of Cancun International Airport.

These beautiful new 2-, 3-, and 4-bedroom villas offer different layouts and options to suit your needs, including single-story and 2-story house plans. They have large windows on all sides that let in tons of Caribbean sunshine. All of the modern residences have a full kitchen with an island and a gas range with a hood fan. They feature a spacious backyard patio and garden area with a private pool and an outdoor dining area with a grill, perfect for your al fresco cookouts. The luxurious 2-story villas also have private terraces. All of the homes have a partially paved area in the front with 2 parking spaces. They are being offered for sale unfurnished but equipped with ceiling fans and air conditioning.

This new development offers amenities such as a community pool, a sundeck with loungers, a gym, a BBQ area, a playground for kids, and more. Owners and guests also enjoy all the benefits of life in Tulum Country Club including access to the world-class 27-hole golf course designed by Robert Trent Jones II, as well as a clubhouse, yoga areas, cenotes, a temazcal, a sports bar, and a beach club.

These new luxury villas are perfect for use as a vacation home or as a year-round residence. Delivery is scheduled for 2024. Contact one of our friendly and knowledgeable agents today for more information.

Amenities

Features

Air Conditioners
Beach Club
Golf Course
Pool

Interior features/finishes

Ceiling Fan
Wet Bar

View

Jungle

Cooling

3+ Mini Splits

Lot Features

Bar
BBQ Area
Cenote
Clubhouse
Courtyard
Deck
Garden Area
Golf Course
Gym
Kids Pool
Landscaped
Orchard
Patio
Playground
Swimming Pool
Temazcal
Trees / Shrubs
Yoga Area

Sewer & Water

Cistern
Private Septic

Appliances

Gas Range
Hood Fan
Oven Range

Extra Features

Common Pool
Fitness Center
Front Desk
Golf Community
Kitchen Island
New Home
Pets Allowed
Security

Parking Spaces

Year Built

2024

Taxes

Map

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Playa Del Carmen and Tulum Mexico Real Estate | Villas Caribe 3 bedroom | Condo for sale in Bahía Principe

Villas Caribe 3 bedroom