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 | Polo 54 5th Floor | Condo for sale in Playa Del Carmen

Polo 54 5th Floor

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

2Beds 2Baths $280,000USD

$280,000 USD
$5,681,200 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: 1,048 sq. ft.
Propiedad ID: 533132656
Hab.: 2
Baños: 2

Este hermoso departamento en venta tiene una ubicación inigualable al norte de la zona céntrica en el ls 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. Esta es una de las mejores ubicaciones en la ciudad y atrae a un flujo constante de alquileres vacacionales, lo que garantiza una ocupación constante y un retorno saludable de su inversión durante muchos años.

Este departamento de 2 habitaciones tiene todo lo que podría desear en una casa de vacaciones o una residencia permanente. Ofrece más de 98 metros cuadrados de espacio habitable. Cuenta con un amplio diseño de concepto abierto con una cocina completamente equipada con una barra de desayuno y electrodomésticos de primera calidad. La sala llena de luz solar se abre a una amplia terraza cubierta con una hamaca y vistas a la ciudad. La habitación principal cuenta con un armario empotrado con espacio de almacenamiento sobre la cama y un lujoso baño en suite. Este departamento tiene pisos de cerámica y acabados de alta calidad que son duraderos y fáciles de mantener. Se ofrece a la venta completamente amueblado y equipado con ventiladores de techo, aire acondicionado y una lavadora y secadora apilables.

Usted y sus huéspedes adorarán la increíble azotea con vista al mar, que cuenta con una alberca, una terraza para tomar el sol y un área de parrillas al aire libre, perfecta para sus comidas al aire libre. El edificio de departamentos es seguro, con acceso controlado y seguridad las 24 horas. Tiene una excelente historia como propiedad de alquiler mensual y vacacional.

Este hermoso departamento en Coco Beach es perfecto para rentas vacacionales o como su propio hogar en el paraíso. No dude en ponerse en contacto con uno de nuestros agentes hoy mismo para obtener más información.