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 | Liana Tulum | Condo for sale in Tulum

Liana Tulum

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

2Beds 2.5Baths $825,000USD

$825,000 USD
$16,483,500 MXP
Estimate only. Updated Daily.

Marieke Brown

Request more information

En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Property Status Re-sale
Localidad: Tulum
Tamaño de la Propiedad: 177 M2
Tamaño del Lote: 202 M2
Propiedad ID: 603722993
Hab.: 2
Baños: 2.5

Gorgeous luxury loft with private pool and rooftop

This bright and spacious 3-story luxury apartment features an unbeatable location in the fast-growing La Veleta neighborhood in Tulum. The complex is surrounded by jungle and located just minutes from the bohemian chic town center of Tulum and the new beach road that leads straight to the hotel zone and the gorgeous white sandy beaches. Nature lovers will adore the proximity to the ruins of Tulum, Coba, and dozens of amazing cenotes that are scattered throughout the Mayan jungle.

This unique loft apartment is part of a small development made up of just four independent units. It offers comfort and world-class design in an area that is quiet and peaceful. It features a fully equipped kitchen with cabinets made from beautiful wood from the region and a long dining table. The sun-filled living room has 20-foot-high ceilings and oversized windows with tree views. The master bedroom has a luxurious en suite bath with a bathtub with ceiling showers and a private rooftop terrace with a pool and a covered lounge area, perfect for relaxing and taking in the incredible jungle scenery. This loft has tile floors and high-quality natural finishes that are durable and easy to maintain. It is being offered for sale fully furnished and equipped with ceiling fans, air conditioning, and a washer and dryer.

Outside, you’ll find a beautifully landscaped garden with palm trees and tropical plants. The complex is safe and secure with controlled access and security cameras. It has a fountain in the garden area and parking. This area also offers reliable, high-speed internet access.

This one-of-a-kind Tulum loft is perfect for vacation rentals or as your own home in paradise. Contact one of our friendly and knowledgeable agents today for more information.