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 Esperanza | Condo for sale in Tulum

Villas Esperanza

Región 15 (Tulum, Quintana Roo, MX - 77760)…

1Beds 1Baths $160,000USD

$160,000 USD
$2,766,400 MXP
Estimate only. Updated Daily.

Marieke Brown

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En Venta

Property Description

Tipo de Propiedad: Condo
Estatus: En Venta
Localidad: Tulum
Tamaño de la Propiedad: 75 sq. mt.
Tamaño del Lote: 930 sq. mt.
Propiedad ID: 459277945
Hab.: 1
Baños: 1

Hermoso departamento vacacional en venta en Tulum

Este amplio departamento en el primer piso a la venta en Villas Esperanza se ubica en la Región 15 de Tulum. El complejo está rodeado de selva tropical y se encuentra a tan solo minutos del centro de la ciudad de Tulum y de la nueva carretera que conduce directamente a la zona hotelera y las hermosas playas de arena blanca. Los amantes de la naturaleza adorarán la proximidad a las ruinas de Tulum, Coba y decenas de increíbles cenotes que se encuentran esparcidos por la selva maya.

Ideal para solteros o parejas, este departamento de 1 recámara y 1 baño cuenta con una sala de estar abierta que recibe mucha luz natural y una agradable brisa en todo el apartamento. La recámara cuenta con cama tamaño king size y un lujoso baño con lavabo de piedra y regadera de lluvia. Este departamento cuenta con hermosos muebles y acabados en concreto y madera. La sala se abre a un balcón techado con vista a la alberca, perfecto para su café y desayuno por la mañana. Esta unidad se ofrece a la venta completamente amueblada y equipada con ventiladores de techo y aire acondicionado. Actualmente se utiliza para rentas de largo plazo.

El complejo cuenta con alberca y solárium, área sombreada con hamacas y hermosos jardines tropicales. También cuenta con una palapa de entretenimiento con cocina al aire libre, bar con columpios y mesa de picnic. El edificio de departamentos es seguro, con entrada controlada y seguridad las 24 horas.

Este departamento es perfecto para rentas vacacionales, rentas a largo plazo o como su propia escapada tropical. Póngase en contacto con uno de nuestros agentes hoy mismo para obtener más información.