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 | Tao Townhouse 2 bed | Casa for sale in Bahía Principe

Tao Townhouse 2 bed

Tulum Country Club (Akumal, Quintana Roo, Mexico 77760)…

2Beds 2Baths $275,000USD

$275,000 USD
$5,478,000 MXP
Estimate only. Updated Daily.

Marieke Brown

Request more information

Sale Pending

Property Description

Tipo de Propiedad: Casa
Estatus: Sale Pending
Property Status Re-sale
Localidad: Bahía Principe
Tamaño de la Propiedad: 195.78 M2
Tamaño del Lote: 136 M2
Propiedad ID: 603723018
Hab.: 2
Baños: 2

Gorgeous townhouse with resort-style amenities

This luxury home for sale at TAO Residential in Akumal offers inviting indoor-outdoor spaces and the perks of living in a resort community. Nestled in a 717-acre residential resort, the complex is surrounded by world-class golf and located just minutes from the natural beauty of the Caribbean coast. Tulum Country Club (formerly Bahia Principe) is situated 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.

This bright and spacious 2-bedroom, 2-bath townhouse has everything you could want in a vacation home or a year-round residence. It features an open kitchen and dining room with vaulted ceilings and skylights that let in tons of natural light. It has a private patio with a plunge pool and a rooftop terrace with jungle views. Plenty of kitchen storage space and closets in the bedrooms make this space comfortable for everyday living and a breeze for your vacation guests. This townhouse has tile floors and top-quality finishes that are durable and easy to maintain. It is being offered for sale fully furnished and equipped with ceiling fans, air conditioning, a washer and dryer, and solar panels for green energy.

TAO Residential offers resort-style amenities, including two large swimming pools (one adults-only), a fitness center, and discounted prices on golf and the TAO Wellness Center, an integral part of the community. The complex is safe and quiet with controlled access and 24-hour security.

Owners and guests can also enjoy all the benefits of life in Tulum Country Club including access to the resort’s world-class 27-hole golf course designed by Robert Trent Jones II, shuttle service to Kay Beach, preferential access to the Jungle Fish Beach Club, as well as special prices for day passes.

Perfect for people who want a Caribbean getaway for vacations, or even to retire to, this townhouse will bring many years of personal enjoyment while providing an excellent income if used for vacation rentals. Contact one of our friendly and knowledgeable agents today for more information.