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 | Uva de Mar | Condo for sale in Puerto Morelos

Uva de Mar

Puerto Morelos (Puerto Morelos, Quintana Roo, MX, 77580)…

2Beds 2Baths $406,060USD

$406,060 USD
$8,344,533 MXP
Estimate only. Updated Daily.

Danielle Knod

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Property Status
Localidad: Puerto Morelos
Tamaño de la Propiedad: 102.46-108.05 M2
Propiedad ID: 553011290
Hab.: 2
Baños: 2

Terreno en venta a una cuadra de la playa

Si ha estado considerando invertir en un terreno en la Riviera Maya, ¡ahora es un excelente momento! Este hermoso tramo de costa caribeña está creciendo rápidamente y se está convirtiendo en un importante destino turístico a nivel mundial. La ciudad costera y turística de Playa del Carmen se encuentra en el corazón de la Riviera Maya, a medio camino entre Cancún y Tulum, y a solo 45 minutos del aeropuerto. Aquí nunca estará lejos de las playas bañadas por el sol y la cocina de clase mundial. Este destino turístico de renombre mundial es reconocido globalmente por contar con algunas de las playas de arena blanca más hermosas y aguas cristalinas turquesas del mundo.

Con una ubicación privilegiada en el centro, entre la playa y la Quinta Avenida, este amplio terreno de uso mixto es perfecto para inversionistas o desarrolladores que buscan expandirse en este destino turístico de rápido crecimiento. Se encuentra a solo una cuadra de la playa, en una zona con un gran flujo peatonal. Debido a su ubicación, este terreno es ideal para maximizar la inversión en una de las zonas más cotizadas de Playa del Carmen. Está a solo unos pasos de tiendas, restaurantes, vida nocturna y toda la diversión y el sol que hacen de Playa del Carmen un destino vacacional muy deseado. El acceso a servicios de la ciudad, como agua, alcantarillado y electricidad, está disponible, y la recepción de telefonía celular es buena en la zona. Esta área también ofrece acceso confiable a Internet de alta velocidad.

Este amplio terreno de uso mixto en venta en Playa del Carmen es perfecto para un inversionista astuto o un desarrollador que busca aprovechar el crecimiento de la Riviera Maya. Póngase en contacto con uno de nuestros amigables y conocedores agentes hoy mismo para obtener más información sobre esta fantástica oportunidad de construir en el paraíso.