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 | Casa Zapote | Casa for sale in Bahía Principe

Casa Zapote

Tulum Country Club (Akumal, Quintana Roo, Mexico, 77737)…

4Beds 2Baths $825,000USD

$825,000 USD
$16,434,000 MXP
Estimate only. Updated Daily.

Marieke Brown

Request more information

En Venta

Property Description

Tipo de Propiedad: Casa
Estatus: En Venta
Property Status Re-sale
Localidad: Bahía Principe
Tamaño de la Propiedad: 356 M2
Tamaño del Lote: 450 M2
Propiedad ID: 603723047
Hab.: 4
Baños: 2

Gorgeous home for sale in a private gated golf resort

This new luxury home is your chance to own a piece of paradise in one of Mexico’s most sought-after locations. Nestled in a secure, gated 717-acre residential golf resort, this home is surrounded by tropical jungle 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 new sustainably designed 4-bedroom, 2-bath house has everything you could want in a vacation home or a year-round residence. It features a spacious open floor plan with window walls that allow for ample natural lighting and ventilation. It has a fully equipped kitchen with an island and a double height living room and dining area that connects with the upstairs family room creating a wide-open common area. The master bedroom has a walk-in closet, a luxurious en suite bath, and a lovely covered terrace with an outdoor bathtub. This home features top-quality materials and finishes from the Yucatan region, including Mayan stone, Chukum, and Tzalam wood. It is being offered for sale unfurnished but equipped with air conditioning and an adaptation for the connection of solar panels.

This home has a fully walled-in backyard with a private pool, a wooden pool deck, an outdoor grill area, and landscaped gardens. Within the gardens are several trees from distinct endemic species, including Zapotes, Chakas, Walnut, and Chiit Palm trees.

Owners and guests also enjoy all the benefits of life in Tulum Country Club including access to a world-class 27-hole golf course designed by Robert Trent Jones II, as well as a pool, a clubhouse, tennis and basketball courts, restaurants, bars, and a fabulous beach club.

This beautiful home is perfect for people who want a Caribbean getaway for vacations or a profitable vacation rental. Contact one of our friendly and knowledgeable agents today for more information.