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 | Kuyaan Coral Suites Sea Breeze | Condo for sale in Playa Del Carmen

Kuyaan Coral Suites Sea Breeze

Zazil Ha (Playa del Carmen, Quintanan Roo, MX - 77710)…

1Beds 2Baths $177,500USD

$177,500 USD
$3,605,025 MXP
Estimate only. Updated Daily.

Danielle Knod

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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: 80 Square Meters
Propiedad ID: 532201977
Hab.: 1
Baños: 2

Estudio amueblado en venta cerca de la playa y la 5a avenida

Este estudio amueblado en venta en Kuyaan Coral Suites cuenta con una ubicación inigualable, a tan solo unos pasos de la Quinta Avenida y la playa en la colonia Coco Beach de Playa del Carmen. Con fácil acceso a las hermosas playas de arena blanca y vistas panorámicas al mar Caribe, este vecindario ofrece un estilo de vida en la playa envidiable. Este es uno de los barrios de más rápido crecimiento en la ciudad y atrae a un flujo constante de alquileres vacacionales, lo que garantiza un retorno saludable de su inversión durante muchos años.

Ideal para solteros o parejas, este departamento de 1 recámara lleno de luz solar es perfecto para rentas vacacionales o como su propio refugio caribeño. Cuenta con una cocina con barra de desayuno, microondas y cocina eléctrica. La sala cuenta con dos futones y una mesa de centro que se abre a un balcón privado con vista a la calle. Este departamento tiene pisos de cerámica y acabados de alta calidad que son duraderos y fáciles de mantener. Se ofrece amueblado y equipado con ventiladores de techo y aire acondicionado.

Usted y sus huéspedes adorarán la increíble azotea con vista al mar, que cuenta con una alberca infinita, una terraza para tomar el sol y un área de estar con sombra. El edificio de departamentos es seguro, con entrada controlada y estacionamiento. Está cerca de paradas de transporte público, supermercados, restaurantes y un complejo deportivo multiusos con pista para correr, canchas de baloncesto y más. Esta zona también ofrece acceso confiable a Internet de alta velocidad.

Este estudio es perfecto para quienes buscan un departamento o una propiedad vacacional rentable cerca de la playa. No dude en ponerse en contacto con uno de nuestros agentes hoy mismo para obtener más información.