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 | Saasil | Condo for sale in Tulum

Saasil

La Veleta (Tulum, Quintana Roo, MX - 77760)…

2Beds 2.5Baths $285,000USD

$285,000 USD
$5,805,450 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: 148 M2
Propiedad ID: 363148792
Hab.: 2
Baños: 2.5

Este hermoso departamento en planta baja se encuentra La Veleta en el centro de Tulum, rodeado de selva tropical, antiguas ruinas mayas, ríos subterráneos y cenotes. El edificio está ubicado a solo minutos del centro bohemio de Tulum y la nueva carretera que conduce directamente a la zona hotelera y a las hermosas playas de arena blanca.

Este amplio departamento cuenta con dos habitaciones y dos baños y medio. Está muy bien cuidado y decorado con muebles y acabados de madera rústica. Cuenta con cocina completa con electrodomésticos de primera calidad y un comedor con una mesa para seis. La sala se abre a través de ventanales a un patio encantador ideal para disfrutar de un café en la mañana o cenar al aire libre rodeado de naturaleza. la recámara principal tiene un gran closet a la medida y un lujoso baño principal. También hay un patio exterior de buen tamaño con una piscina profunda.

El complejo es seguro con entrada privada, estacionamiento y seguridad las 24 horas. Ofrece acogedores espacios interiores y exteriores, acceso al club de playa y uso gratuito de bicicletas para usted y sus invitados. El edificio cuenta con lobby y una terraza en la azotea con vistas a la selva.

Este departamento es perfecto para rentas vacacionales o como residencia permanente en el paraíso. Se ofrece a la venta totalmente amueblado y equipado con ventiladores de techo, aire acondicionado, lavadora y secadora. Póngase en contacto con uno de nuestros agentes para obtener más información o para programar una visita.