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 | The Leaf Playacar Studio | Condo for sale in Playacar

The Leaf Playacar Studio

Playacar Phase II (Playa del Carmen, Quintana Roo, MX - 77710)…

1Beds 1Baths $241,828USD

$241,828 USD
$4,918,782 MXP
Estimate only. Updated Daily.

Sarah Fouts

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Property Status
Localidad: Playacar
Tamaño de la Propiedad: 56 - 61 sq. mt.
Propiedad ID: 522729714
Hab.: 1
Baños: 1

Nuevos departamentos en Playacar con amenidades estilo centro turístico

Este es un nuevo y emocionante proyecto de departamentos de lujo ubicado dentro de la exclusiva comunidad residencial cerrada de Playacar. Con fácil acceso a las hermosas playas de arena blanca y vistas panorámicas del Mar Caribe, este vecindario ofrece un estilo de vida de playa envidiable. Esta tranquila área está a solo minutos de la mundialmente famosa 5ta Avenida de Playa del Carmen y cerca de todos los bienes y servicios de la ciudad. Esta es una de las mejores ubicaciones de la ciudad y atrae a un flujo constante de inquilinos de vacaciones, lo que garantiza un buen retorno de su inversión durante muchos años.

Estos nuevos lofts y departamentos de 1, 2 y 3 habitaciones ofrecen diferentes diseños y opciones para satisfacer sus necesidades, incluidas opciones de bloqueo para ocupación adicional y potencial de ingresos. Tienen un diseño espacioso de concepto abierto con una cocina moderna con desayunador, un cuarto de lavado y una sala de estar llena de luz que se abre a una terraza privada con vista a la piscina y áreas comunes. Estos condominios vienen completamente amueblados y equipados con ventiladores de techo y aire acondicionado. El complejo es seguro y protegido con acceso controlado y seguridad las 24 horas. Ofrece estacionamiento subterráneo, un vestíbulo tipo hotel, conserjería, ascensores en cada torre y acceso confiable a Internet de alta velocidad.

Este nuevo y hermoso desarrollo tipo resort cuenta con varias alberca, camastros, pista para correr, gimnasio, bar en la terraza, área de juegos para niños, área de yoga, parque para perros, restaurante y una amplia área de jardín. Los residentes de Playacar también disfrutan de acceso privilegiado a clubes de playa y descuentos en el campo de golf.

Estos nuevos departamentos de lujo son perfectos para rentas vacacionales o como su propia casa en el paraíso. Póngase en contacto con uno de nuestros amables y expertos agentes hoy para obtener más información