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 | La Sirena 2 bed PH | Condo for sale in Akumal

La Sirena 2 bed PH

Half Moon Bay (Akumal, Quintana Roo, Mexico, 77737)…

2Beds 2Baths $399,000USD

$399,000 USD
$8,151,570 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Property Status Re-sale
Localidad: Akumal
Tamaño de la Propiedad: 112.85m2
Propiedad ID: 600944164
Hab.: 2
Baños: 2

Hermoso departamento con vista al mar en venta

Descubra la alegría de vivir en la costa en este departamento frente al mar en Half Moon Bay, en la tranquila comunidad de Akumal Norte. El complejo La Sirena está ubicado frente a la playa y a tan solo unos minutos de la hermosa laguna Yal-Ku. Akumal, un lugar favorito para los amantes del snorkel, cuenta con un sistema de arrecifes fácilmente accesible, lleno de vibrante corales y vida marina. Este pequeño pueblo costero tiene una tienda de buceo de servicio completo, una pequeña tienda de abarrotes y un puñado de cafés y restaurantes con excelente comida y música en vivo.

Espectaculares vistas al mar llenan este amplio departamento de 2 habitaciones y 2 baños, que recibe una excelente ventilación y mucha luz natural. Cuenta con una cocina totalmente equipada con barra de desayuno, sala de estar llena de sol, comedor y terrazas al frente y atrás para apreciar el impresionante paisaje costero en cualquier clima. La amplia terraza frontal ofrece vistas panorámicas de la costa caribeña bordeada de palmeras, y las terrazas traseras dan al patio. Además, una ventana interior le permite disfrutar de vistas al mar desde la recámara principal también. Este departamento tiene pisos de loseta y acabados de alta calidad que son duraderos y fáciles de mantener. Se ofrece a la venta completamente amueblado y equipado con ventiladores de techo y aire acondicionado.

El hermoso patio y el área de la alberca de La Sirena son perfectos para refrescarse en días calurosos o noches tranquilas. A unos pasos, puede relajarse bajo una palapa en la playa o salir a hacer snorkel, kayak o paddleboard en las aguas tranquilas y claras de la bahía. Si sus huéspedes necesitan ayuda con algo, la recepción del edificio siempre está disponible para responder preguntas.

Perfecto paraquienes buscan una propiedad en el caribe para las vacaciones o incluso para retirarse, este departamento le brindará muchos años de disfrute personal mientras proporciona un excelente ingreso si se utiliza para rentas vacacionales. Comuníquese con uno de nuestros agentes hoy mismo para obtener más información.