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 | Lomas Aurora Torre Agua 2 bed | Condo for sale in Playa Del Carmen

Lomas Aurora Torre Agua 2 bed

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

2Beds 2.5Baths $167,769USD

$167,769 USD
$3,407,388 MXP
Estimate only. Updated Daily.

Sarah Fouts

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Property Status New-construction
Localidad: Playa Del Carmen
Tamaño de la Propiedad: 86.37 M2
Propiedad ID: 603722990
Hab.: 2
Baños: 2.5

Nuevos departamentos en venta en una exclusiva comunidad privada

Lomas Aurora es un emocionante desarrollo residencial con amenidades estilo resort. Ubicado del lado de la selva sobre la carretera, justo al sur del centro de Playa del Carmen, ofrece exclusividad y privacidad, pero también fácil acceso a fantásticas playas. El complejo está a solo 5 minutos en coche del centro comercial Centro Maya y cerca de todos los bienes y servicios de la ciudad. Esta área se encuentra a pocos minutos de tiendas, restaurantes, vida nocturna y toda la diversión y sol que hacen de Playa del Carmen un destino turístico mundialmente famoso.

Esta nueva comunidad privada cuenta con nueve torres de departamentos de lujo de 2 y 3 habitaciones que combinan la comodidad moderna con la tranquilidad de la naturaleza. Los propietarios de los departamentos pueden disfrutar de acceso a amenidades exclusivas, como una alberca estilo resort, terrazas para tomar el sol y áreas verdes. El edificio de departamentos tiene un lobby estilo hotel, elevadores y estacionamiento. Los propietarios y huéspedes también pueden disfrutar de todos los beneficios de vivir en Lomas Aurora, incluyendo canchas de tenis y paddle, una cancha de fútbol, una ciclovía y minigolf, así como una casa club con restaurante y bar, un área de descanso, un gimnasio, un spa, un cine, un espacio de coworking, un club para niños, una alberca con carriles de natación y un salón de eventos. El complejo es seguro, con acceso controlado y seguridad las 24 horas.

Estos departamentos son perfectos para quienes buscan un departamento asequible o una propiedad vacacional rentabel en Playa del Carmen. La entrega está programada para el 2025. Los precios de preconstrucción están sujetos a disponibilidad y son sensibles al tiempo. Para conocer la disponibilidad de precios actuales, contacte hoy a uno de nuestros amables agentes.