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 | Plaza Xaac | Condo for sale in Akumal

Plaza Xaac

Yalku (Akumal, Quintana Roo, Mexico, 77776)…

2Beds 2Baths $212,500USD

$212,500 USD
$4,322,250 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: 172.92
Propiedad ID: 603723017
Hab.: 2
Baños: 2

Hermoso departamento en planta baja con amenidades estilo resort

Este soleado departamento en planta baja es su oportunidad de poseer un pedazo de paraíso en una de las ubicaciones más cotizadas de México. Ubicado dentro del exclusivo residencial de Grand Sirenis, este departamento es ideal tanto para quienes buscan un refugio vacacional en el Caribe como para quien busca una inversión rentable. Cuenta con 2 recámaras, 2 baños y una amplia terraza rodeada de selva tropical y un cenote privado.

El complejo Sirenis se encuentra en el corazón de la Riviera Maya, a medio camino entre Playa del Carmen y Tulum, y a tan solo una hora del Aeropuerto Internacional de Cancún. Ofrece amenidades estilo resort, incluyendo acceso a una playa privada, tarifas preferenciales para Day Pass en el hotel y atractivos descuentos en el spa del hotel. Disfrute de un ambiente seguro y tranquilo con acceso controlado y seguridad las 24 horas.

Características:

- Nivel jardín

- Vista a la selva

- Cable disponible

- Terraza

- Amueblado

- Lavadora y secadora

- Cenote privado

- Mascotas permitidas

- Camino privado

- 2 espacios de estacionamiento

Contácte a uno de nuestros agentes para obtener más información acerca de esta fantástica propiedad.