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 | Kaab South Beach Studio | Condo for sale in Playa Del Carmen

Kaab South Beach Studio

Centro (Playa del Carmen, Quintana Roo, Mexico, 77710)…

1Beds 1Baths $170,000USD

$170,000 USD
$3,452,700 MXP
Estimate only. Updated Daily.

Sarah Fouts

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Property Status Re-sale
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 48.03 M2
Propiedad ID: 603722970
Hab.: 1
Información adicional sobre camas: Studio
Baños: 1

Estudio en venta cerca de la playa y la 5ta Avenida

Este estudio en venta en Kaab South Beach ofrece una ubicación inmejorable en el centro de Playa del Carmen. El complejo está cerca del centro comercial Paseo del Carmen, la terminal de ferry a Cozumel y la exclusiva comunidad con campo de golf Playacar. Está a poca distancia de las playas de arena blanca y de toda la emoción de la mundialmente famosa 5ta Avenida. Esta área se encuentra a solo minutos de tiendas, restaurantes, vida nocturna y toda la diversión y sol que hacen de Playa del Carmen un destino turístico de renombre mundial.

Este estudio es perfecto para rentas vacacionales o como su propio hogar en el paraíso. Cuenta con un diseño de planta abierta y recibe mucha luz natural. Tiene una kitchenette equipada, una cama king size, un juego de comedor, un escritorio, un armario, una pequeña área de descanso con un sofá cama y un lujoso baño completo. Se abre a un balcón privado con agradables vistas a los árboles y áreas verdes. Este es un lugar encantador para disfrutar de su café matutino o una copa de vino por la noche. Este estudio tiene pisos de loseta y acabados de alta calidad que son duraderos y fáciles de mantener. Está equipado con aire acondicionado, lavadora y secadora, y una caja fuerte. Se ofrece a la venta completamente amueblado y listo para generar ingresos de renta inmediata.

Usted y sus huéspedes amarán el increíble rooftop con vista al mar, que cuenta con una alberca infinita, un solárium y una zona de descanso cubierta. El edificio es seguro y cuenta con acceso controlado y cámaras de seguridad. Tiene un lobby estilo hotel y un gimnasio. Esta área también ofrece acceso a internet de alta velocidad y confiable.

Este estudio es perfecto para quien busca un departamento asequible o una propiedad vacacional rentable cerca de la playa en Playa del Carmen. Contacte hoy a uno de nuestros agentes para obtener más información.