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 | Villas Aldea Zama-Esperia | Casa for sale in Tulum

Villas Aldea Zama-Esperia

Aldea Zama(Tulum, Quintana Roo, Mexico, 77760)…

6Beds 6Baths $1,190,000USD

$1,190,000 USD
$24,204,600 MXP
Estimate only. Updated Daily.

Danielle Knod

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En Venta

Property Description

Tipo de Propiedad: Casa
Estatus: En Venta
Property Status New-construction
Localidad: Tulum
Tamaño de la Propiedad: 340.09 M2
Tamaño del Lote: 405 M2
Propiedad ID: 03723034
Hab.: 6
Baños: 6

Gorgeous 2-story Tulum villa with lock-off option

This new luxury villa features an unbeatable location in the exclusive gated Aldea Zama residential area of Tulum. This quiet community is surrounded by tropical 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 beautiful new 2-story villa has everything you could want in a vacation home or a year-round residence. Its design features a blend of pre-Hispanic and modern architectural styles and prioritizes natural materials such as stone, stucco, and local woods. This villa has 6 bedrooms and 6 bathrooms, including 2 lock-off bedrooms for additional occupancy and earning potential. It opens out onto a large terrace with a pool and an outdoor dining area, perfect for entertaining on hot days or laid-back evenings. The property is fully walled-in, offering a wonderful sense of security and privacy for you and your guests. This villa has tile floors and top-quality finishes that are durable and easy to maintain. It is being offered for sale unfurnished but equipped with air conditioning.

Perfect for people who want a Caribbean getaway for vacations, or even to retire to, this villa will bring many years of personal enjoyment while providing an excellent income if used for vacation rentals. Pre-construction prices are subject to availability and are time sensitive. For current pricing availability contact one of our friendly agents today.