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 | Casa de Jaguar La Veleta | Casa for sale in Tulum

Casa de Jaguar La Veleta

La Veleta (Tulum, Quintana Roo, Mexico, 77760)…

2Beds 2.5Baths $460,000USD

$460,000 USD
$9,397,800 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Casa
Estatus: En Venta
Property Status Re-sale
Localidad: Tulum
Tamaño de la Propiedad: 160 M2
Tamaño del Lote: 302 M2
Propiedad ID: 603723056
Hab.: 2
Baños: 2.5

Espectacular Casa de Lujo en el Corazón de Tulum

Viva una experiencia de lujo en La Veleta en Tulum. Esta impresionante casa de 2 habitaciones y 2.5 baños ofrece la combinación perfecta de tranquilidad y conveniencia, a tan solo minutos del vibrante centro de Tulum y de la nueva carretera hacia la zona hotelera y sus hermosas playas de arena blanca. Explore las cercanas ruinas de Tulum y Cobá, o descubra los maravillosos cenotes esparcidos por la selva maya.

Ideal como propiedad para las vacaciones o cómo inversión rentable, esta casa se encuentra en una comunidad privada y segura, con amenidades modernas, amplias áreas de estar abiertas y serenos espacios exteriores. Disfrute del estilo de vida tropical y relajado que caracteriza a Tulum, que atrae a turistas que buscan una experiencia inolvidable.

Características:

- Isla de Cocina

- Lavadora y Secadora

- Aire Acondicionado

- Ventiladores de Techo

- Antena Satelital

- Paneles Solares

- Sistema de Alarma

- Patio Cubierto

- Área de Jardín

- Alberca

- 1 Espacio de Estacionamiento