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 | Lol Kanaab Oceanfront | Condo for sale in Akumal

Lol Kanaab Oceanfront

Half Moon Bay (Akumal, Quintana Roo, Mexico, 77776)…

2Beds 2Baths $360,000USD

$360,000 USD
$7,322,400 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: 92.9 M2
Propiedad ID: 603723046
Hab.: 2
Baños: 2

Espectacular condo frente al mar en venta en Akumal

Este hermoso departamento con vista al mar está ubicado en un edificio frente a la playa en la Bahía Media Luna en el norte de Akumal. Situado directamente frente a la playa y a tan solo unos minutos de la hermosa laguna Yal-Ku, este lugar es un favorito de los aficionados al esnórquel. Akumal cuenta con un sistema de arrecifes accesible, repleto de coloridos corales y una gran diversidad de vida marina. Este pintoresco pueblo costero tiene una tienda de buceo de servicio completo, una pequeña tienda de abarrotes y algunos cafés y restaurantes con excelente comida y música en vivo.

Disfrute de las espectaculares vistas al mar desde casi cada espacio de este encantador departamento de 2 habitaciones y 2 baños frente al mar. Se vende completamente amueblado y equipado con todas las amenidades prácticas que usted esperaría, como ventiladores de techo, aire acondicionado y Wi-Fi. Cuenta con un diseño amplio y abierto, cocina totalmente equipada con isla, luminosa sala de estar y un balcón cubierto con vistas al mar, perfecto para disfrutar de su café y desayuno por la mañana o una copa de vino al atardecer. El edificio cuenta con acceso controlado y seguridad las 24 horas, además de una alberca comunitaria frente al mar con numerosas tumbonas para disfrutar del sol caribeño y palapas para refugiarse del calor.

La tranquila comunidad de Akumal está situada en el corazón de la Riviera Maya, aproximadamente a mitad de camino entre Playa del Carmen y Tulum, y a poco más de una hora del aeropuerto de Cancún. Aquí podrá disfrutar de todo lo que ofrece la Riviera Maya: a solo unos minutos en auto está Tulum, famosa por sus playas de arena blanca y ruinas mayas, o Playa del Carmen, conocida por sus opciones de compras, gastronomía internacional y vibrante vida nocturna.

Este departamento es ideal para quienes buscan un escape caribeño para vacacionar o desean una propiedad vacacional rentable. Contáctenos hoy mismo para más información; nuestros agentes estarán encantados de atenderle.