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 los Sueños | Casa for sale in Tulum

Casa de los Sueños

Los Arboles (Tulum, Quintana Roo, MX - 77760)…

5Beds 5Baths $599,869USD

$599,869 USD
$12,201,335 MXP
Estimate only. Updated Daily.

Sarah Fouts

Request more information

En Venta

Property Description

Tipo de Propiedad: Casa
Estatus: En Venta
Property Status Re-sale
Localidad: Tulum
Tamaño de la Propiedad: 3,260 sq. ft.
Tamaño del Lote: 4.57 acres
Propiedad ID: 546812588
Hab.: 5
Baños: 5

Beautiful off grid solar home for sale in eco-friendly Los Árboles

Los Árboles, Tulum is a Mayan Jungle Hideaway - a master planned gated and secure residential community located just minutes from the magnificent beaches of Tulum. There you will find ‘Casa de los Sueños’, an amazing custom built 5 bedroom 5 bathroom home with a private pool and waterfall. This beautiful off grid solar home for sale sits within a 1200 acre eco-preserve on its own private 4.57 acre lot. This environmentally responsible and affordable oasis has been designed to protect and preserve the pristine high-canopy jungle. With permeable roads, alternative energy, use of local & naturally harvested materials, green areas and easy access to the beautiful and thoughtfully designed community amenities, this development is a dream home site for the eco conscious.

The community centre sits on its own 19 acres and boasts plenty of entertainment areas for residents. Truly a one of a kind place to live!

Green Aspects:

48volt solar system with 27 solar panels.
Solar powered pool pump, independent of the house system.
Water softener and filtration system with reverse osmosis.
Fully self contained septic system with Pirana Systems, with extra tank.
Rain catchment, along with community supply direct to house.

Features:

5 bedrooms/5 bathrooms includes a 1 bed/1 bath guest suite with private entrance.
Long, gated private driveway with custom gates.
Gourmet kitchen with open island and top of the line appliances.
Open living area; opens to the private pool with waterfall, outside bar & sink and outside shower area.
Large laundry room with pantry, sink and counter.
House, pool deck and upper terraces are tiled.
Master suite has a laundry chute, ensuite bath with jacuzzi tub, walk-in closet with safe and private terrace.
All closets have built in shelving and lighting.
Pool with filtration system.
6 mini split air conditioners.
Secured mechanical room.
Private Cellular and Internet tower.
Cameras and alarm system.
Two 500 litre propane tanks.
4 cylinder propane generator.

Amenities:

19 acre community centre with a fresh water swimming pool, ample picnic and barbecue areas, an amphitheatre and lots of walking trails.
Community has a non-profit that donates to the local communities.

Measurements:

Property is 4.57 acres/18,496 m2.

Construction is 302.84 m2/3259.74 sqft.

Contact one of our friendly and knowledgeable agents today for more information.