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 | Studio CTM | Condo for sale in Playa Del Carmen

Studio CTM

Coco Beach(Playa del Carmen, Quintana Roo, Mexico, 77710)…

1Beds 1Baths $186,875USD

$186,875 USD
$3,872,050 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: Playa Del Carmen
Tamaño de la Propiedad: 48 M2
Propiedad ID: 603723011
Hab.: 1
Información adicional sobre camas: Studio
Baños: 1

Este estudio ofrece una ubicación inmejorable, justo al norte del centro de Playa del Carmen, en la cotizada colonia Coco Beach. Con fácil acceso a las hermosas playas de arena blanca y las impresionantes vistas del Mar Caribe, esta colonia ofrece un envidiable estilo de vida. Es una de las mejores ubicaciones de la ciudad y atrae a un flujo constante de turistas, lo que garantiza una alta ocupación en rentas vacacionales y asegura un buen retorno de inversión durante muchos años.

Este estudio en el 4º piso es ideal para rentas vacacionales o como su hogar en el paraíso. Cuenta con una distribución abierta y recibe mucha luz natural del Caribe. Tiene una cocina completamente equipada, una pequeña área de descanso con mesa y sillas, una cama king size y un armario. Se abre hacia un balcón privado con vistas a la ciudad y al mar. Este es un lugar encantador para disfrutar de su café matutino y desayuno, o de una copa de vino por la tarde. El departamento cuenta con pisos de loseta 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 y aire acondicionado.

Usted y sus huéspedes adorarán el increíble rooftop con vistas al océano, que incluye alberca infinita y área para tomar el sol. El edificio es seguro, con acceso controlado y seguridad las 24 horas. Además, cuenta con elevador y estacionamiento. Esta zona también ofrece un servicio confiable de internet de alta velocidad.

Este departamento ofrece excelentes amenidades y una ubicación fantástica a un buen precio. Póngase en contacto con uno de nuestros agentes para más información.